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
• 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 June'21)
Category: Ultra Short Duration
Monthly Avg AUM: Rs5,869.06 Crores
Inception Date: 18th July 2018
Fund Manager:
Mr. Harshal Joshi (w.e.f. 18th July 2018)
Modified duration 98 days
Average Maturity: 109 days
Macaulay Duration: 101 days
Yield to Maturity: 3.59%
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 June 2021) |
| Name | Rating | Total (%) |
| Commercial Paper | 25.72% | |
| Reliance Industries | A1+ | 10.91% |
| Indian Oil Corporation | A1+ | 3.65% |
| LIC Housing Finance | A1+ | 3.64% |
| NABARD | A1+ | 3.63% |
| Kotak Mahindra Investments | A1+ | 2.71% |
| Kotak Mahindra Prime | A1+ | 0.91% |
| Export Import Bank of India | A1+ | 0.27% |
| Treasury Bill | 25.02% | |
| 91 Days Tbill - 2021 | SOV | 18.26% |
| 182 Days Tbill - 2021 | SOV | 6.75% |
| Corporate Bond | 21.58% | |
| HDFC | AAA | 4.71% |
| LIC Housing Finance | AAA | 3.95% |
| HDB Financial Services | AAA | 3.78% |
| Power Finance Corporation | AAA | 2.87% |
| Small Industries Dev Bank of India | AAA | 2.85% |
| NABARD | AAA | 2.12% |
| REC | AAA | 1.12% |
| Indian Railway Finance Corporation | AAA | 0.10% |
| Reliance Industries | AAA | 0.09% |
| Certificate of Deposit | 7.26% | |
| Axis Bank | A1+ | 7.26% |
| State Government Bond | 5.38% | |
| 6.92% MAHARASTRA SDL - 2022 | SOV | 2.04% |
| 8.38% Karnataka SDL - 2022 | SOV | 1.63% |
| 8.31% Karnataka SDL - 2022 | SOV | 1.06% |
| 7.9% CHHATISGARH SDL - 2021 | SOV | 0.28% |
| 8.84% Gujrat SDL - 2022 | SOV | 0.10% |
| 8.90% Andhra pradesh SDL - 2022 | SOV | 0.10% |
| 8.79% Maharashtra SDL - 2021 | SOV | 0.09% |
| 7.03% Gujarat SDL - 2021 | SOV | 0.09% |
| Floating Rate Note | 1.83% | |
| Axis Bank | A1+ | 1.83% |
| Zero Coupon Bond | 1.77% | |
| LIC Housing Finance | AAA | 1.77% |
| Net Cash and Cash Equivalent | 11.45% | |
| 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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