IDFC ULTRA SHORT TERM FUND
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
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IDFC ULTRA SHORT TERM FUND
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
The Fund aims to invest in high quality debt and money market instruments with macaulay duration of 3 to 6 months and seeks to generate stable returns with a low risk strategy
ASSET QUALITY
FUND FEATURES: (Data as on 31st August'20)
Category: Ultra Short Duration
Monthly Avg AUM: Rs5,774.57 Crores
Inception Date: 18th July 2018
Fund Manager:
Mr. Harshal Joshi (w.e.f. 18th July 2018)
Modified duration 109 days
Average Maturity: 113 days
Macaulay Duration: 111 days
Yield to Maturity: 3.52%
Benchmark: NIFTY Ultra Short
Duration Debt Index
(w.e.f 01st February, 2019)
Minimum Investment Amount: Rs100/- and any amount thereafter
Exit Load: Nil
Options Available: Growth &
Dividend Option - Daily
(Reinvestment), Weekly
(Reinvestment), Monthly , Quarterly &
Periodic (each with Reinvestment,
Payout and Sweep facility).
| PORTFOLIO | (31 August 2020) |
| Name | Rating | Total (%) |
| Corporate Bond | 46.66% | |
| Reliance Industries | AAA | 10.37% |
| REC | AAA | 8.53% |
| HDFC | AAA | 6.77% |
| LIC Housing Finance | AAA | 6.69% |
| Small Industries Dev Bank of India | AAA | 5.20% |
| NABARD | AAA | 3.00% |
| Power Finance Corporation | AAA | 2.55% |
| Power Grid Corporation of India | AAA | 1.39% |
| Sundaram Finance | AAA | 1.30% |
| HDB Financial Services | AAA | 0.87% |
| Commercial Paper | 20.67% | |
| NTPC | A1+ | 8.67% |
| HDFC | A1+ | 4.24% |
| Reliance Jio Infocomm | A1+ | 3.47% |
| Indian Oil Corporation | A1+ | 1.74% |
| LIC Housing Finance | A1+ | 1.69% |
| Reliance Industries | A1+ | 0.85% |
| Treasury Bill | 16.72% | |
| 182 Days Tbill - 2020 | SOV | 8.77% |
| 91 Days Tbill - 2020 | SOV | 5.39% |
| 364 Days Tbill - 2021 | SOV | 2.56% |
| State Government Bond | 8.57% | |
| 8.39% Tamil Nadu SDL - 2020 | SOV | 3.52% |
| 6.92% Maharastra SDL - 2022 | SOV | 1.79% |
| 6.99% Andhra Pradesh SDL - 2020 | SOV | 1.49% |
| 8.44% Madhya Pradesh SDL - 2020 | SOV | 0.79% |
| 7.9% Chhatisgarh SDL - 2021 | SOV | 0.27% |
| 8.53% Andhra Pradesh SDL - 2021 | SOV | 0.27% |
| 8.35% Rajasthan SDL - 2020 | SOV | 0.17% |
| 8.79% Maharashtra SDL - 2021 | SOV | 0.09% |
| 7.03% Gujarat SDL - 2021 | SOV | 0.09% |
| 7.55% Odisha SDL - 2021 | SOV | 0.09% |
| Certificate of Deposit | 2.48% | |
| Axis Bank | A1+ | 2.41% |
| ICICI Bank | A1+ | 0.07% |
| Government Bond | 0.35% | |
| 8.12% - 2020 G-Sec | SOV | 0.35% |
| Net Cash and Cash Equivalent | 4.55% | |
| Grand Total | 100.00% | |
RISKOMETER
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 advisors if in doubt about
whether the product is suitable for them.
|
 | Contact your Financial Advisor |
 | Call toll free 1800-2-6666-88 |
| Contact your Financial Advisor | Call toll free 1800-2-6666-88 |
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 @IDFCMF | |