IDFC LOW DURATION FUND
(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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IDFC LOW DURATION FUND
(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
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.
ASSET QUALITY
FUND FEATURES: (Data as on 31st August'20)
Category: Low Duration
Monthly Avg AUM: Rs5,955.06 Crores
Inception Date: 17th January 2006
Fund Manager:
Mr. Anurag Mittal
(w.e.f. 09th November 2015)
Standard Deviation (Annualized): 0.99%
Modified duration 276 days
Average Maturity: 304 days
Macaulay Duration: 287 days
Yield to Maturity: 3.92%
Benchmark: NIFTY Low Duration
Debt Index (w.e.f 11/11/2019)
Minimum Investment Amount: Rs100/- and any amount thereafter.
Exit Load: Nil (Since 29th June 2012)
Options Available : Growth &
Dividend Option- Daily (Reinvest),
Weekly (Reinvest), Monthly, Quarterly
& Periodic frequency (each with
payout, reinvestment and sweep
facility).
| PORTFOLIO | (31 August 2020) |
| 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% |
RISKOMETER
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 advisors if in doubt about
whether the product is suitable for them.
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MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.
 | Contact your Financial Advisor |
 | Call toll free 1800-2-6666-88 |
| Contact your Financial Advisor |
| Call toll free 1800-2-6666-88 |
 | Invest online at www.idfcmf.com |
 | www.facebook.com/idfcamc |
 | @IDFCMF |