IDFC Low Duration Fund 
Core Bucket
(previously known as IDFC Ultra Short Term Fund)
An open ended low duration debt scheme investing in instruments
such that the Macaulay duration of the portfolio is between 6 months and 12 months
IDFC Low Duration Fund Core Bucket
(previously known as IDFC Ultra Short Term Fund)
An open ended low duration debt scheme investing in instruments
such that the Macaulay duration of the portfolio is between 6 months and 12 months
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Category: Low Duration
: ₹ 5,955.06 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.
: ₹ 6,140.39 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:
| 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. | 0.99% |
| Modified Duration
Modified duration is the price sensitivity and the percentage change in price for a unit change in yield | 276 Days |
| Average Maturity | 304 Days |
| Macaulay Duration | 287 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. | 3.92% |
| Expense Ratio | |
| Regular | 0.50% |
| Direct | 0.28% |
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 installment.
Investment Objective: Click here
Minimum Investment Amount : ₹ 100/- and any amount thereafter
Option Available: Growth & Dividend Option- Daily (Reinvest), Weekly (Reinvest), Monthly, Quarterly & Periodic frequency (each with payout, reinvestment and sweep facility).
:
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 | - | 29.5541 |
| Regular Plan | Dividend | Daily | 10.1015 |
| Regular Plan | Dividend | Periodic | 10.5136 |
| Regular Plan | Dividend | Weekly | 10.1150 |
| Regular Plan | Dividend | Monthly | 10.1115 |
| Regular Plan | Dividend | Quarterly | 10.8191 |
| Name | Rating | % of NAV |
| Corporate Bond | 45.77% | |
| HDFC | AAA | 10.91% |
| REC | AAA | 5.76% |
| LIC Housing Finance | AAA | 5.30% |
| Larsen & Toubro | AAA | 4.21% |
| NABARD | AAA | 4.11% |
| Reliance Industries | AAA | 3.57% |
| Indian Oil Corporation | AAA | 2.46% |
| Sundaram Finance | AAA | 2.05% |
| Power Finance Corporation | AAA | 1.95% |
| National Highways Auth of Ind | AAA | 1.44% |
| HDB Financial Services | AAA | 1.08% |
| UltraTech Cement | AAA | 1.01% |
| Small Industries Dev Bank of India | AAA | 0.77% |
| Power Grid Corporation of India | AAA | 0.42% |
| NHPC | AAA | 0.41% |
| Bajaj Finance | AAA | 0.33% |
| Indian Railway Finance Corporation | AAA | 0.02% |
| Government Bond | 14.29% | |
| 8.12% - 2020 G-Sec | SOV | 14.02% |
| 7.68% - 2023 G-Sec | SOV | 0.18% |
| 8.33% - 2026 G-Sec | SOV | 0.09% |
| Commercial Paper | 10.65% | |
| Export Import Bank of India | A1+ | 3.24% |
| Indian Oil Corporation | A1+ | 2.44% |
| NABARD | A1+ | 2.41% |
| Reliance Industries | A1+ | 1.60% |
| Kotak Mahindra Prime | A1+ | 0.81% |
| HDFC | A1+ | 0.16% |
| Treasury Bill | 8.88% | |
| 91 Days Tbill - 2020 | SOV | 5.68% |
| 364 Days Tbill - 2021 | SOV | 3.20% |
| Certificate of Deposit | 6.20% | |
| ICICI Bank | A1+ | 3.23% |
| Small Industries Dev Bank of India | A1+ | 1.61% |
| NABARD | A1+ | 0.87% |
| Kotak Mahindra Bank | A1+ | 0.48% |
| Zero Coupon Bond | 2.26% | |
| LIC Housing Finance | AAA | 1.62% |
| Kotak Mahindra Prime | AAA | 0.56% |
| Sundaram Finance | AAA | 0.08% |
| State Government Bond | 1.86% | |
| 8.09% Madhya Pradesh SDL - 2025 | SOV | 1.33% |
| 7.42% Maharashtra SDL - 2022 | SOV | 0.43% |
| 8.05% Gujarat SDL - 2025 | SOV | 0.09% |
| 7.55% Maharastra SDL - 2021 | SOV | 0.02% |
| Net Cash and Cash Equivalent | 10.08% | |
| Grand Total | 100.00% |
Performance based on NAV as on 31/08/2020 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 Jan 17, 2006.
^The fund has been repositioned from an ultra short term fund to a low duration fund w.e.f. may 28, 2018.
- To generate short term optimal returns with relative stability and high liquidity.
- Investments in debt and money market instruments such that the Macaulay duration of the portfolio is between 6 months- 12 months.
* 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.
