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 December'20)
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) |
| 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
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 |