IDFC Ultra Short Term Fund Core Bucket

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

30th April 2020

IDFC Ultra Short Term Fund Core Bucket

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

30th April 2020

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 : ₹ 4,653.43 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.

Monthly end AUM : ₹ 4,709.01 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.

Inception Date: 18th July 2018
Fund Manager :

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.

Mr. Harshal Joshi (w.e.f. 18th July 2018)
Other Parameter:
Standard Deviation (Annualized)

Standard deviation is a statistical measure of the range of an investment's performance. When a mutual fund has a high standard deviation, its means its range of performance is wide, implying greater volatility.

0.53%
Modified Duration

Modified duration is the price sensitivity and the percentage change in price for a unit change in yield

154 Days
Average Maturity 163 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.

5.57%
Expense Ratio
Regular0.41%
Direct0.26%
Benchmark: NIFTY Ultra Short Duration Debt Index (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 :

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.

Nil
NAV (₹)
Plan Option Freq NAV
Regular PlanGrowth - 11.4409
Regular PlanDividendDaily 10.0470
Regular PlanDividendWeekly 10.0617
Regular PlanDividendPeriodic10.1902
Regular PlanDividendMonthly10.0388
Regular PlanDividendQuarterly10.2034


NameRating% of NAV
Corporate Bond 70.68%
Reliance Industries AAA 13.45%
NABARD AAA 11.42%
Larsen & Toubro AAA 8.84%
Bajaj Finance AAA 6.39%
REC AAA 6.22%
LIC Housing Finance AAA 5.46%
HDFC AAA 4.83%
Small Industries Dev Bank of India AAA 4.45%
Power Finance Corporation AAA 3.43%
Power Grid Corporation of India AAA 1.71%
Sundaram Finance AAA 1.60%
HDB Financial Services AAA 1.38%
National Housing Bank AAA 0.85%
Kotak Mahindra Prime AAA 0.64%
Commercial Paper 12.73%
HDFC A1+ 6.64%
Small Industries Dev Bank of India A1+ 2.63%
Reliance Jio Infocomm A1+ 2.10%
LIC Housing Finance A1+ 1.36%
Certificate of Deposit 12.15%
Axis Bank A1+ 11.54%
NABARD A1+ 0.52%
ICICI Bank A1+ 0.08%
Zero Coupon Bond 0.94%
Bajaj Finance AAA 0.94%
Net Cash and Cash Equivalent 3.50%
Grand Total 100.00%



The scheme has been in existence for more than 1 year but less than 3 years.
Performance based on NAV as on 30/04/2020 Past performance may or may not be sustained in future.
The performances given are of regular plan growth option.
Click here for other funds managed by the fund manager and refer to the respective fund pages
#Benchmark Returns. ##Alternate Benchmark Returns. Standard Deviation calculated on the basis of 1 year history of monthly data
*Inception Date of Regular Plan - Growth July 18, 2018.


  • 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.




Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc.