An Open-ended Debt Scheme investing in overnight securities
An Open-ended Debt Scheme investing in overnight securities
• Fund invests in instruments that have just residual
maturity of 1 day. Thereby offering investors one of
the lowest volatility product
• It also has high credit quality instruments and is
suitable for building your emergency corpus.
• A no exit load fund where you can park your surplus
temporarily – suitable to form part of ‘Liquidity’
bucket
Nature: Overnight
Monthly Avg AUM: Rs1,598.82 Crores
Inception Date: 18th January 2019
Fund Manager:
Mr. Brijesh Shah
(w.e.f. 1st February 2019)
Modified duration: 5 days
Average Maturity: 5 days
Macaulay Duration: 5 days
Yield to Maturity: 3.37%
Benchmark: Nifty 1D Rate Index
Minimum Investment Amount: Rs5,000/- and any amount thereafter.
Exit Load: Nil
Options Available: Growth, IDCW@
- Daily (Reinvestment), Weekly
(Reinvestment), Monthly IDCW@ &
Periodic (Reinvestment, Payout and
Sweep facility).
@Income Distribution cum capital withdrawal
PORTFOLIO | (31 March 2021) |
Name | Rating | Total(%) |
Clearing Corporation of India Ltd | 99.67% | |
TRI Party Repo Total | 99.67% | |
Net Current Asset | 0.33% | |
Grand Total | 100.00% |
This product is suitable for investors who are seeking*:
• To generate short term optimal returns in line with overnight
rates and high liquidity
• To invest in money market and debt instruments, with maturity of 1 day
*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 |
Invest online at www.idfcmf.com | www.facebook.com/idfcamc |
@IDFCMF |