IDFC OVERNIGHT FUND

An Open-ended Debt Scheme investing in overnight securities

IDFC OVERNIGHT FUND

An Open-ended Debt Scheme investing in overnight securities

The fund aims to generate short term optimal returns in line with overnight rates

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

Nature: Overnight
Average AUM : Rs1,844.18 Crores
Inception Date: 18th January 2019
Fund Manager:
Mr. Brijesh Shah (w.e.f. 1st February 2019)
Modified duration: 1 day
Average Maturity: 1 day
Macaulay Duration: 1 day
Yield to Maturity: 2.14%
Benchmark: Nifty 1D Rate Index
Minimum Investment Amount: Rs5,000/- and any amount thereafter.
Exit Load: Nil
Options Available: Growth, Dividend - Daily (Reinvestment), Weekly (Reinvestment), Monthly Dividend & Periodic (Reinvestment, Payout and Sweep facility).

PORTFOLIO (31 December 2020)
click to expand contents

ASSET QUALITY click to expand contents

RISKOMETER click to expand contents

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.