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

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 click to expand contents

FUND FEATURES: (Data as on 31st December'20) click to expand contents

Category: Low Duration
Monthly Avg AUM: Rs7,162.89 Crores
Inception Date: 17th January 2006
Fund Manager:
Mr. Anurag Mittal (w.e.f. 09th November 2015)
Standard Deviation (Annualized): 1.01%
Modified duration 288 days
Average Maturity: 313 days
Macaulay Duration: 299 days
Yield to Maturity: 3.66%
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 December 2020)
click to expand contents

Name	Rating	% of NAV
Corporate Bond		36.96%
HDFC	AAA	8.46%
REC	AAA	5.94%
Power Finance Corporation	AAA	4.33%
LIC Housing Finance	AAA	4.30%
Reliance Industries	AAA	4.22%
Larsen & Toubro	AAA	3.21%
Indian Oil Corporation	AAA	2.20%
UltraTech Cement	AAA	0.86%
NABARD	AAA	0.79%
National Highways Auth of Ind	AAA	0.65%
Grasim Industries	AAA	0.44%
Indian Railway Finance Corporation	AAA	0.38%
Power Grid Corporation of India	AAA	0.36%
Sundaram Finance	AAA	0.35%
HDB Financial Services	AAA	0.23%
Hindustan Petroleum Corporation	AAA	0.15%
Bajaj Finance	AAA	0.07%
Small Industries Dev Bank of India	AAA	0.01%
Treasury Bill		16.62%
182 Days Tbill - 2021	SOV	11.06%
364 Days Tbill - 2021	SOV	5.55%
Certificate of Deposit		16.36%
Axis Bank	A1+	11.81%
Bank of Baroda	A1+	3.79%
NABARD	A1+	0.76%
Commercial Paper		15.30%
NABARD	A1+	5.54%
HDFC	A1+	3.21%
Reliance Industries	A1+	2.08%
Kotak Mahindra Prime	A1+	1.70%
Larsen & Toubro	A1+	1.39%
Kotak Mahindra Investments	A1+	1.38%
Government Bond		5.07%
7.94% - 2021 G-Sec	SOV	2.30%
7.16% - 2023 G-Sec	SOV	1.04%
7.32% - 2024 G-Sec	SOV	0.76%
6.84% - 2022 G-Sec	SOV	0.46%
5.22% - 2025 G-Sec	SOV	0.35%
8.33% - 2026 G-Sec	SOV	0.08%
8.15% - 2022 G-Sec	SOV	0.07%
Zero Coupon Bond		2.67%
LIC Housing Finance	AAA	1.43%
Kotak Mahindra Prime	AAA	1.18%
Sundaram Finance	AAA	0.07%
State Government Bond		0.44%
8.38% Haryana SDL - 2026	SOV	0.23%
8.05% Gujarat SDL - 2025	SOV	0.08%
8.99% Gujrat SDL - 2022	SOV	0.07%
9.20% Andhra Pradesh SDL - 2022	SOV	0.04%
7.55% Maharastra SDL - 2021	SOV	0.02%
Net Cash and Cash Equivalent		6.58%
Grand Total		100.00%

RISKOMETER click to expand contents

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.

Standard Deviation calculated on the basis of 1 year history of monthly data
MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.