IDBI Ultra Short Term Fund Direct Growth

IDBI Ultra Short Term Fund Direct Growth is a Debt Mutual Fund Scheme launched by IDBI Mutual Fund. This scheme was made available to investors on 29 Mar 2010. Bupesh Kalyani is the Current Fund Manager of IDBI Ultra Short Term Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹3,592 Cr and the Latest NAV as of 28 Jul 2023 is ₹2,552.10. The IDBI Ultra Short Term Fund Direct Growth is rated Low to Moderate risk. Minimum SIP Investment is set to ₹500. ;

Investment Objective

The scheme seeks to provide investors with regular income for there investments by investing in Debt/ Money market instruments with relatively lower interest rate risk such that the Macaulay duration of the portfolio is maintained between 3 months to 6 months. ;