IDFC Ultra Short Term Fund 
An open-ended ultra-short term debt scheme investing in instruments such
that the Macaulay duration of the portfolio is between 3 to 6 months
IDFC Ultra Short Term Fund
An open-ended ultra-short term debt scheme investing in instruments such
that the Macaulay duration of the portfolio is between 3 to 6 months
|
|
|
|
|
|
Category: Ultra Short Duration
: ₹ 2,729.61 Crores
AUM or assets under management refers to the recent / updated cumulative market value of investments managed by a mutual fund or any investment firm.
: ₹ 2,825.22 Crores
AUM or assets under management refers to the recent / updated cumulative market value of investments managed by a mutual fund or any investment firm.
:
An employee of the asset management company such as a mutual fund or life insurer, who manages investments of the scheme. He is usually part of a larger team of fund managers and research analysts.
Other Parameter:
| Modified Duration
The Yield to Maturity or the YTM is the rate of return anticipated on a bond if held until maturity. YTM is expressed as an annual rate. The YTM factors in the bond's current market price, par value, coupon interest rate and time to maturity. | 165 Days |
| Average Maturity | 168 Days |
| Yield to Maturity
The Yield to Maturity or the YTM is the rate of return anticipated on a bond if held until maturity. YTM is expressed as an annual rate. The YTM factors in the bond's current market price, par value, coupon interest rate and time to maturity. | 7.17% |
| Expense Ratio | |
| Regular | 0.32% |
| Direct | 0.17% |
SIP (Minimum Amount): ₹ 100/-
SIP Frequency: Monthly
SIP Dates (Monthly): Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment.
Investment Objective: Click here
Minimum Investment Amount : ₹ 100/- and any amount thereafter
Option Available: Growth, Dividend - Daily, Weekly, Monthly & Periodic
:
Exit load is charged at the time an investor redeems the units of a mutual fund. The exit load is deducted from the prevailing NAV at the time of redemption. For instance, if the NAV is ₹ 100 and the exit load is 1%, the redemption price would be ₹ 99 per unit.
NAV (₹)
| Plan | Option | Freq | NAV |
| Regular Plan | Growth | - | 10.7908 |
| Regular Plan | Dividend | Daily | 10.0330 |
| Regular Plan | Dividend | Weekly | 10.0408 |
| Regular Plan | Dividend | Periodic | 10.7971 |
| Regular Plan | Dividend | Monthly | 10.0267 |
| Regular Plan | Dividend | Quarterly | 10.0776 |
| Name | Rating | % of NAV |
| Corporate Bond | 44.62% | |
| LIC Housing Finance | AAA | 10.80% |
| Small Industries Dev Bank of India | AAA | 8.86% |
| Power Grid Corporation of India | AAA | 5.46% |
| Indian Railway Finance Corporation | AAA | 5.32% |
| NABARD | AAA | 4.80% |
| HDFC | AAA | 4.60% |
| Sundaram Finance | AAA | 1.95% |
| Kotak Mahindra Investments | AAA | 1.77% |
| HDB Financial Services | AAA | 0.53% |
| Power Finance Corporation | AAA | 0.18% |
| Bajaj Finance | AAA | 0.18% |
| REC | AAA | 0.18% |
| Commercial Paper | 25.53% | |
| HDFC | A1+ | 6.95% |
| Kotak Mahindra Investments | A1+ | 6.48% |
| Kotak Mahindra Prime | A1+ | 4.24% |
| NTPC | A1+ | 3.48% |
| NABARD | A1+ | 2.19% |
| HDB Financial Services | A1+ | 1.66% |
| Indian Oil Corporation | A1+ | 0.52% |
| Certificate of Deposit | 24.65% | |
| Axis Bank | A1+ | 11.69% |
| NABARD | A1+ | 4.87% |
| ICICI Bank | A1+ | 3.89% |
| Small Industries Dev Bank of India | A1+ | 2.48% |
| Kotak Mahindra Bank | A1+ | 0.88% |
| Bank of Baroda | A1+ | 0.84% |
| Net Cash and Cash Equivalent | 5.20% | |
| Grand Total | 100.00% |
- To generate returns over short-term investment horizon with a low risk strategy
- To invest in debt and money market instruments
* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
The scheme has been in existence for less than 1 year, hence performance has not been disclosed.
Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc.
Click here for other funds managed by the fund manager and refer to the respective fund pages
