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. A Scheme with Relatively Low Interest Rate
Risk and Relatively Low Credit Risk.
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. A Scheme with Relatively Low Interest Rate
Risk and Relatively Low Credit Risk.
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Category: Ultra Short Duration
: ₹ 3,956.13 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.
: ₹ 3,974.17 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. | 0.54% |
| Modified Duration
Modified duration is the price sensitivity and the percentage change in price for a unit change in yield | 161 Days |
| Average Maturity | 163 Days |
| Macaulay Duration | 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. | 7.38% |
| Total Expense Ratio | |
| Regular | 0.43% |
| Direct | 0.24% |
SIP (Minimum Amount): ₹ 100/-
SIP Frequency: Monthly/Quarterly (w.e.f. 09-11-2022)
SIP Dates (Monthly/Quarterly)@@: 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 (Reinvestment), Weekly (Reinvestment), Monthly , Quarterly & Periodic (each with Reinvestment, Payout and Sweep facility).
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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 January 31, 2023
| Plan | Option | Freq | NAV |
| Regular Plan | Growth | - | 12.8224 |
| Regular Plan | IDCW@ | Daily | 10.0519 |
| Regular Plan | IDCW@ | Weekly | 10.0774 |
| Regular Plan | IDCW@ | Periodic | 10.7849 |
| Regular Plan | IDCW@ | Monthly | 10.0425 |
| Regular Plan | IDCW@ | Quarterly | 10.2314 |
@@If SIP day falls on a non-business day, the SIP transaction shall be processed on the next business day.
| Name | Rating | % of NAV |
| Certificate of Deposit | 49.55% | |
| Kotak Mahindra Bank | A1+ | 11.35% |
| Canara Bank | A1+ | 10.32% |
| Small Industries Dev Bank of India | A1+ | 9.59% |
| Bank of Baroda | A1+ | 4.94% |
| Axis Bank | A1+ | 4.74% |
| NABARD | A1+ | 3.51% |
| HDFC Bank | A1+ | 2.73% |
| ICICI Bank | A1+ | 1.77% |
| State Bank of India | A1+ | 0.60% |
| Corporate Bond | 20.35% | |
| NABARD | AAA | 7.45% |
| National Housing Bank | AAA | 3.89% |
| REC | AAA | 3.27% |
| Indian Railway Finance Corporation | AAA | 1.88% |
| Power Finance Corporation | AAA | 1.87% |
| HDFC | AAA | 1.24% |
| Kotak Mahindra Prime | AAA | 0.62% |
| Larsen & Toubro | AAA | 0.13% |
| Commercial Paper | 10.30% | |
| HDFC | A1+ | 9.06% |
| Kotak Mahindra Investments | A1+ | 1.23% |
| Zero Coupon Bond | 2.60% | |
| Kotak Mahindra Prime | AAA | 2.60% |
| Treasury Bill | 2.38% | |
| 182 Days Tbill - 2023 | SOV | 2.38% |
| Government Bond | 1.13% | |
| 7.16% - 2023 G-Sec | SOV | 1.13% |
| State Government Bond | 0.76% | |
| 7.78% Uttar Pradesh SDL - 2023 | SOV | 0.76% |
| Net Cash and Cash Equivalent | 12.92% | |
| Grand Total | 100.00% |
The scheme has been in existence for more than 1 year but less than 5 years.
Performance based on NAV as on 31/01/2023 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.
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 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.
Benchmark risk-o-meter
NIFTY Ultra Short 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.
