IDFC Low Duration Fund 
Core Bucket
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
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
|
|
|
|
|
|
Category: Low Duration
: ₹ 9,385.61 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.
: ₹ 9,370.12 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.
Mr. Anurag Mittal (w.e.f. 09th November 2015)
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. | 0.52% |
| Modified Duration
Modified duration is the price sensitivity and the percentage change in price for a unit change in yield | 230 Days |
| Average Maturity | 250 Days |
| Macaulay Duration | 239 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. | 3.85% |
| Expense Ratio | |
| Regular | 0.52% |
| Direct | 0.30% |
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 & IDCW@ 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 (₹) as on July 30, 2021
| Plan | Option | Freq | NAV |
| Regular Plan | Growth | - | 30.6500 |
| Regular Plan | IDCW@ | Daily | 10.1015 |
| Regular Plan | IDCW@ | Periodic | 10.1772 |
| Regular Plan | IDCW@ | Weekly | 10.1155 |
| Regular Plan | IDCW@ | Monthly | 10.1030 |
| Regular Plan | IDCW@ | Quarterly | 10.8249 |
| Name | Rating | % of NAV |
| Corporate Bond | 33.03% | |
| HDFC | AAA | 9.32% |
| LIC Housing Finance | AAA | 5.57% |
| NABARD | AAA | 5.12% |
| REC | AAA | 3.74% |
| HDB Financial Services | AAA | 2.25% |
| Reliance Industries | AAA | 1.96% |
| Larsen & Toubro | AAA | 1.82% |
| UltraTech Cement | AAA | 1.60% |
| Power Finance Corporation | AAA | 0.61% |
| Grasim Industries | AAA | 0.55% |
| Indian Railway Finance Corporation | AAA | 0.22% |
| Bajaj Finance | AAA | 0.16% |
| National Highways Auth of Ind | AAA | 0.11% |
| Small Industries Dev Bank of India | AAA | 0.01% |
| Commercial Paper | 26.87% | |
| Export Import Bank of India | A1+ | 5.71% |
| Bajaj Finance | A1+ | 4.26% |
| Reliance Jio Infocomm | A1+ | 3.18% |
| Kotak Mahindra Investments | A1+ | 3.04% |
| Indian Oil Corporation | A1+ | 2.67% |
| Reliance Industries | A1+ | 2.13% |
| Kotak Mahindra Prime | A1+ | 2.01% |
| NABARD | A1+ | 1.60% |
| LIC Housing Finance | A1+ | 1.23% |
| UltraTech Cement | A1+ | 1.04% |
| Treasury Bill | 18.54% | |
| 182 Days Tbill - 2021 | SOV | 13.17% |
| 91 Days Tbill - 2021 | SOV | 5.38% |
| Certificate of Deposit | 8.25% | |
| Axis Bank | A1+ | 7.47% |
| Small Industries Dev Bank of India | A1+ | 0.52% |
| NABARD | A1+ | 0.26% |
| Government Bond | 3.09% | |
| 5.63% - 2026 G-Sec | SOV | 1.59% |
| 7.68% - 2023 G-Sec | SOV | 0.97% |
| 7.16% - 2023 G-Sec | SOV | 0.34% |
| 7.37% - 2023 G-Sec | SOV | 0.11% |
| 8.33% - 2026 G-Sec | SOV | 0.06% |
| 6.84% - 2022 G-Sec | SOV | 0.01% |
| 8.79% - 2021 G-Sec | SOV | 0.01% |
| State Government Bond | 1.29% | |
| 8.90% TAMILNADU SDL - 2022 | SOV | 0.34% |
| 8.48% Karnataka SDL - 2022 | SOV | 0.34% |
| 8.38% Haryana SDL - 2026 | SOV | 0.17% |
| 8.79% Gujrat SDL - 2022 | SOV | 0.17% |
| 8.05% Gujarat SDL - 2025 | SOV | 0.06% |
| 8.99% Gujrat SDL - 2022 | SOV | 0.05% |
| 9.20% Andhra Pradesh SDL - 2022 | SOV | 0.03% |
| 4.75% Haryana SDL - 2022 | SOV | 0.03% |
| 8.85% Maharashtra SDL - 2022 | SOV | 0.02% |
| 8.86% Tamil Nadu SDL - 2022 | SOV | 0.02% |
| 8.92% Tamilnadu SDL - 2022 | SOV | 0.02% |
| 9.23% Gujarat SDL - 2021 | SOV | 0.01% |
| 8.92% Tamil Nadu SDL - 2022 | SOV | 0.01% |
| 8.75% Tamilnadu SDL - 2022 | SOV | 0.01% |
| 8.92% Tamil Nadu SDL - 2022 | SOV | 0.01% |
| 8.95% Maharashtra SDL - 2022 | SOV | 0.01% |
| 8.59% Gujrat SDL - 2021 | SOV | 0.01% |
| 9.22% Tamil Nadu SDL - 2021 | SOV | 0.01% |
| 8.56% Andhra Pradesh SDL - 2021 | SOV | 0.01% |
| 8.84% Tamil Nadu SDL - 2022 | SOV | 0.003% |
| Zero Coupon Bond | 1.17% | |
| LIC Housing Finance | AAA | 1.12% |
| Sundaram Finance | AAA | 0.05% |
| Floating Rate Note | 1.07% | |
| Axis Bank | A1+ | 1.07% |
| Net Cash and Cash Equivalent | 6.69% | |
| Grand Total | 100.00% | |
Portfolio has 1.01% exposure to Interest Rate Swaps |
Performance based on NAV as on 30/07/2021 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.
