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
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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
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
ASSET QUALITY
FUND FEATURES: (Data as on 31st December'20)
Category: Ultra Short Duration
Monthly Avg AUM: Rs5,265.18 Crores
Inception Date: 18th July 2018
Fund Manager:
Mr. Harshal Joshi (w.e.f. 18th July 2018)
Modified duration 121 days
Average Maturity: 129 days
Macaulay Duration: 125 days
Yield to Maturity: 3.20%
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 &
Dividend Option - Daily
(Reinvestment), Weekly
(Reinvestment), Monthly , Quarterly &
Periodic (each with Reinvestment,
Payout and Sweep facility).
| PORTFOLIO | (31 December 2020) |
| Name | Rating | Total (%) |
| Treasury Bill | 39.34% | |
| 182 Days Tbill - 2021 | SOV | 36.32% |
| 364 Days Tbill - 2021 | SOV | 3.02% |
| Commercial Paper | 21.77% | |
| Reliance Industries | A1+ | 7.85% |
| HDFC | A1+ | 7.20% |
| Kotak Mahindra Prime | A1+ | 4.50% |
| LIC Housing Finance | A1+ | 2.22% |
| Corporate Bond | 16.83% | |
| Small Industries Dev Bank of India | AAA | 5.54% |
| REC | AAA | 3.93% |
| NABARD | AAA | 2.74% |
| LIC Housing Finance | AAA | 2.30% |
| HDFC | AAA | 1.14% |
| Power Finance Corporation | AAA | 0.93% |
| Indian Railway Finance Corporation | AAA | 0.12% |
| Reliance Industries | AAA | 0.12% |
| State Government Bond | 7.33% | |
| 6.92% MAHARASTRA SDL - 2022 | SOV | 2.55% |
| 8.38% Karnataka SDL - 2022 | SOV | 2.05% |
| 8.31% Karnataka SDL - 2022 | SOV | 1.33% |
| 7.9% CHHATISGARH SDL - 2021 | SOV | 0.35% |
| 8.53% Andhra Pradesh SDL - 2021 | SOV | 0.34% |
| 8.84% Gujrat SDL - 2022 | SOV | 0.12% |
| 8.90% Andhra pradesh SDL - 2022 | SOV | 0.12% |
| 8.79% Maharashtra SDL - 2021 | SOV | 0.12% |
| 7.03% Gujarat SDL - 2021 | SOV | 0.12% |
| 7.55% Odisha SDL - 2021 | SOV | 0.11% |
| 8.39% Tamilnadu SDL - 2021 | SOV | 0.11% |
| Certificate of Deposit | 6.24% | |
| Axis Bank | A1+ | 4.47% |
| Small Industries Dev Bank of India | A1+ | 1.69% |
| ICICI Bank | A1+ | 0.09% |
| Net Cash and Cash Equivalent | 8.50% | |
| Grand Total | 100.00% | |
RISKOMETER
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.
|
 | Contact your Financial Advisor |
 | Call toll free 1800-2-6666-88 |
| Contact your Financial Advisor | Call toll free 1800-2-6666-88 |
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 @IDFCMF | |