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. A Scheme with Relatively Low Interest Rate Risk and Relatively Low Credit Risk
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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. A Scheme with Relatively Low Interest Rate Risk and Relatively Low Credit Risk
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
• Suitable for near term goals - this fund is
recommended for a minimum investment horizon of
3 months
• Ideal to form part of ‘Core’ Bucket – due to its high
quality and low duration profile
ASSET QUALITY
FUND FEATURES: (Data as on 30th November'21)
Category: Ultra Short Duration
Monthly Avg AUM: Rs4,810.65 Crores
Inception Date: 18th July 2018
Fund Manager:
Mr. Harshal Joshi (w.e.f. 18th July 2018)
Standard Deviation (Annualized): 0.22%
Modified duration 116 days
Average Maturity: 129 days
Macaulay Duration: 121 days
Yield to Maturity: 3.81%
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 &
IDCW@ Option - Daily (Reinvestment),
Weekly (Reinvestment), Monthly ,
Quarterly & Periodic (each with
Reinvestment, Payout and Sweep
facility).
@Income Distribution cum capital withdrawal
| PORTFOLIO | (30 November 2021) |
| Name | Rating | Total (%) |
| Commercial Paper | 27.69% | |
| Bajaj Finance | A1+ | 8.54% |
| Reliance Industries | A1+ | 8.52% |
| Reliance Jio Infocomm | A1+ | 7.46% |
| Kotak Mahindra Prime | A1+ | 2.11% |
| Kotak Mahindra Investments | A1+ | 0.73% |
| Export Import Bank of India | A1+ | 0.32% |
| Corporate Bond | 25.65% | |
| NABARD | AAA | 9.75% |
| REC | AAA | 4.74% |
| LIC Housing Finance | AAA | 4.69% |
| HDFC | AAA | 4.27% |
| Power Finance Corporation | AAA | 2.19% |
| Treasury Bill | 7.58% | |
| 182 Days Tbill - 2021 | SOV | 5.55% |
| 91 Days Tbill - 2021 | SOV | 2.03% |
| Certificate of Deposit | 7.41% | |
| Axis Bank | A1+ | 7.41% |
| Zero Coupon Bond | 2.64% | |
| Kotak Mahindra Prime | AAA | 2.64% |
| Floating Rate Note | 2.14% | |
| Axis Bank | A1+ | 2.14% |
| State Government Bond | 0.33% | |
| 8.84% Gujrat SDL - 2022 | SOV | 0.11% |
| 8.90% Andhra pradesh SDL - 2022 | SOV | 0.11% |
| 8.79% Maharashtra SDL - 2021 | SOV | 0.11% |
| Net Cash and Cash Equivalent | 26.57% | |
| Grand Total | 100.00% | |
POTENTIAL RISK CLASS MATRIX
RISKOMETER
Scheme risk-o-meter
Benchmark risk-o-meter
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.
|
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 | Call toll free 1800-2-6666-88 |
| Contact your Financial Advisor | Call toll free 1800-2-6666-88 |
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