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. A Scheme with Relatively Low Interest Rate Risk and Relatively Low Credit Risk.

30th September 2022

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. A Scheme with Relatively Low Interest Rate Risk and Relatively Low Credit Risk.

30th September 2022

About the Fund:The Fund aims to invest in high quality debt and money market instruments with Macaulay Duration of 6 to 12 months and seeks to generate relatively stable returns with a low risk strategy.
Category: Low Duration
Monthly Avg AUM : ₹ 5,928.23 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 : ₹ 5,784.85 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: 17 January 2006
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. 28th July 2021)
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.

0.66%
Modified Duration

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

320 Days
Average Maturity 348 Days
Macaulay Duration 329 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.

6.90%
Expense Ratio
Regular0.57%
Direct0.32%
Benchmark : NIFTY Low Duration Debt Index A-I (w.e.f. 1st April 2022)
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 :

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 (Since 29th June 2012)
NAV (₹) as on September 30, 2022
Plan Option Freq NAV
Regular Plan Growth - 31.8154
Regular Plan IDCW@ Daily 10.0960
Regular Plan IDCW@ Periodic 10.5645
Regular Plan IDCW@ Weekly 10.1081
Regular Plan IDCW@ Monthly 10.1079
Regular Plan IDCW@ Quarterly 10.8242
@Income Distribution and Capital Withdrawal


NameRating% of NAV
Certificate of Deposit 43.33%
Kotak Mahindra Bank A1+ 12.31%
Small Industries Dev Bank of India A1+ 9.14%
Canara Bank A1+ 6.10%
HDFC Bank A1+ 5.01%
Axis Bank A1+ 4.55%
Bank of Baroda A1+ 3.29%
NABARD A1+ 1.69%
Export Import Bank of India A1+ 0.83%
ICICI Bank A1+ 0.41%
Corporate Bond 30.43%
NABARD AAA 8.99%
REC AAA 8.06%
Power Finance Corporation AAA 5.96%
Small Industries Dev Bank of India AAA 2.41%
Indian Railway Finance Corporation AAA 1.29%
Kotak Mahindra Prime AAA 1.21%
HDFC AAA 1.12%
National Highways Auth of Ind AAA 0.43%
HDB Financial Services AAA 0.35%
Grasim Industries AAA 0.34%
Reliance Industries AAA 0.17%
Export Import Bank of India AAA 0.09%
Government Bond 15.04%
5.63% - 2026 G-Sec SOV 9.70%
5.22% - 2025 G-Sec SOV 5.19%
8.33% - 2026 G-Sec SOV 0.09%
6.84% - 2022 G-Sec SOV 0.07%
State Government Bond 2.67%
7.78% Uttar Pradesh SDL - 2023 SOV 0.87%
7.63% Rajasthan SDL - 2023 SOV 0.61%
8.91% Andhra SDL - 2022 SOV 0.43%
8.38% Haryana SDL -2026 SOV 0.27%
8.89% Tamil Nadu SDL - 2022 SOV 0.17%
8.91% Andhra Pradesh SDL - 2022 SOV 0.17%
8.05% Gujarat SDL - 2025 SOV 0.09%
8.86% Tamil Nadu SDL - 2022 SOV 0.03%
8.85% Maharashtra SDL - 2022 SOV 0.03%
Commercial Paper 2.48%
HDFC A1+ 2.48%
Net Cash and Cash Equivalent 6.05%
Grand Total 100.00%



Performance based on NAV as on 30/09/2022 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.



Scheme risk-o-meter

Investors understand that their principal will be at Low to Moderate risk

This product is suitable for investors who are seeking*

  • 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.

Benchmark risk-o-meter

NIFTY Low Duration Debt Index A-I



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