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
28th February 2019
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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
28th February 2019
FUND FEATURES
About the Fund: The Fund aims to invest in high
quality debt and money market instruments with
average maturity of 3 to 6 months and seeks to
generate stable returns with a low risk strategy.
Category: Ultra Short Duration
Monthly Avg AUM: ₹ 1,205.07 Crores
Monthly end AUM: ₹ 1,338.84 Crores
Inception Date: 18th July 2018
Fund Manager:
Mr. Harshal Joshi (w.e.f. 18th July 2018)
Other Parameter:
Benchmark: NIFTY Ultra Short Duration Debt
Index (w.e.f 01 February 2019)
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: Nil
NAV (₹)
Category: Ultra Short Duration
Monthly Avg AUM: ₹ 1,205.07 Crores
Monthly end AUM: ₹ 1,338.84 Crores
Inception Date: 18th July 2018
Fund Manager:
Mr. Harshal Joshi (w.e.f. 18th July 2018)
Other Parameter:
| Modified Duration | 133 Days |
| Average Maturity | 145 Days |
| Yield to Maturity | 7.61% |
| Expense Ratio | |
| Regular | 0.31% |
| Direct | 0.15% |
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: Nil
NAV (₹)
| Plan | Option | Freq | NAV |
| Regular Plan | Growth | - | 10.5009 |
| Regular Plan | Dividend | Daily | 10.0189 |
| Regular Plan | Dividend | Weekly | 10.0348 |
| Regular Plan | Dividend | Periodic | 10.5057 |
| Regular Plan | Dividend | Monthly | 10.0266 |
| Regular Plan | Dividend | Quarterly | 10.1700 |
PORTFOLIO
| Name | Rating | % of NAV |
| Corporate Bond | 44.67% | |
| HDFC | AAA | 9.00% |
| NABARD | AAA | 7.84% |
| Small Industries Dev Bank of India | AAA | 7.46% |
| Power Finance Corporation | AAA | 5.97% |
| Indian Railway Finance Corporation | AAA | 2.99% |
| National Housing Bank | AAA | 2.99% |
| HDB Financial Services | AAA | 1.87% |
| Gruh Finance | AAA | 1.87% |
| Sundaram Finance | AAA | 1.34% |
| Kotak Mahindra Prime | AAA | 1.12% |
| REC | AAA | 0.75% |
| LIC Housing Finance | AAA | 0.74% |
| Reliance Industries | AAA | 0.73% |
| Certificate of Deposit | 29.58% | |
| ICICI Bank | A1+ | 11.07% |
| Kotak Mahindra Bank | A1+ | 10.84% |
| Axis Bank | A1+ | 7.34% |
| Yes Bank | A1+ | 0.33% |
| Commercial Paper | 15.62% | |
| Kotak Mahindra Investments | A1+ | 8.34% |
| HDB Financial Services | A1+ | 3.64% |
| Gruh Finance | A1+ | 1.83% |
| Kotak Mahindra Prime | A1+ | 1.80% |
| Zero Coupon Bond | 8.42% | |
| LIC Housing Finance | AAA | 8.42% |
| Treasury Bill | 3.72% | |
| 45 Days CMB - 2019 | SOV | 3.72% |
| Net Cash and Cash Equivalent | -2.01% | |
| Grand Total | 100.00% |
Asset Allocation
Asset Quality
RISKOMETER
- 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.
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