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
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Category: Ultra Short Duration
: ₹ 2,024.20 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.
: ₹ 1,986.02 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.
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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. | 131 Days |
| Average Maturity | 138 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. | 7.62% |
| Expense Ratio | |
| Regular | 0.30% |
| 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 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 | - | 10.6428 |
| Regular Plan | Dividend | Daily | 10.0299 |
| Regular Plan | Dividend | Weekly | 10.0300 |
| Regular Plan | Dividend | Periodic | 10.6487 |
| Regular Plan | Dividend | Monthly | 10.0306 |
| Regular Plan | Dividend | Quarterly | 10.1226 |
| Name | Rating | % of NAV |
| Corporate Bond | 55.63% | |
| Small Industries Dev Bank of India | AAA | 11.32% |
| HDFC | AAA | 9.55% |
| Indian Railway Finance Corporation | AAA | 8.82% |
| Power Grid Corporation of India | AAA | 6.07% |
| LIC Housing Finance | AAA | 4.03% |
| NABARD | AAA | 3.28% |
| HDB Financial Services | AAA | 3.26% |
| Power Finance Corporation | AAA | 2.77% |
| Kotak Mahindra Investments | AAA | 2.50% |
| NTPC | AAA | 1.26% |
| Sundaram Finance | AAA | 1.26% |
| Kotak Mahindra Prime | AAA | 0.76% |
| REC | AAA | 0.50% |
| Bajaj Finance | AAA | 0.25% |
| Certificate of Deposit | 26.33% | |
| Axis Bank | A1+ | 10.95% |
| Kotak Mahindra Bank | A1+ | 4.93% |
| NABARD | A1+ | 4.92% |
| Bank of Baroda | A1+ | 3.68% |
| ICICI Bank | A1+ | 1.85% |
| Commercial Paper | 11.60% | |
| Kotak Mahindra Investments | A1+ | 6.93% |
| HDFC | A1+ | 2.43% |
| Export Import Bank of India | A1+ | 1.25% |
| HDB Financial Services | A1+ | 1.00% |
| Zero Coupon Bond | 7.68% | |
| LIC Housing Finance | AAA | 7.68% |
| Net Cash and Cash Equivalent | -1.24% | |
| 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
