IDFC LOW DURATION 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
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.
• A high quality portfolio & low average maturity fund
for your short term goals
• Ideal to form part of ‘Core’ Bucket – due to its high
quality and low duration profile
ASSET QUALITY
FUND FEATURES: (Data as on 31st October'21)
Category: Low Duration
Monthly Avg AUM: Rs8,529.52 Crores
Inception Date: 17th January 2006
Fund Manager:
Mr. Harshal Joshi
(w.e.f. 28th July 2021) & Mr. Anurag
Mittal (w.e.f. 09th November 2015)
Standard Deviation (Annualized): 0.50%
Modified duration 291 days
Average Maturity: 325 days
Macaulay Duration: 302 days
Yield to Maturity: 4.21%
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 & IDCW@
Option- Daily (Reinvest), Weekly
(Reinvest), Monthly, Quarterly &
Periodic frequency (each with payout,
reinvestment and sweep facility).
@Income Distribution cum capital withdrawal
| PORTFOLIO | (31 October 2021) |
| Name | Rating | % of NAV |
| Corporate Bond | 38.25% | |
| HDFC | AAA | 10.29% |
| NABARD | AAA | 8.73% |
| LIC Housing Finance | AAA | 6.12% |
| Reliance Industries | AAA | 3.13% |
| REC | AAA | 2.65% |
| HDB Financial Services | AAA | 2.47% |
| UltraTech Cement | AAA | 1.47% |
| Power Finance Corporation | AAA | 1.26% |
| Larsen & Toubro | AAA | 0.79% |
| Grasim Industries | AAA | 0.60% |
| Indian Railway Finance Corporation | AAA | 0.54% |
| Bajaj Finance | AAA | 0.18% |
| Small Industries Dev Bank of India | AAA | 0.01% |
| Treasury Bill | 18.26% | |
| 182 Days Tbill - 2021 | SOV | 14.73% |
| 91 Days Tbill - 2021 | SOV | 3.53% |
| Commercial Paper | 17.06% | |
| Reliance Industries | A1+ | 7.08% |
| Kotak Mahindra Investments | A1+ | 4.80% |
| Export Import Bank of India | A1+ | 3.12% |
| Kotak Mahindra Prime | A1+ | 0.77% |
| Reliance Jio Infocomm | A1+ | 0.59% |
| Bajaj Finance | A1+ | 0.58% |
| LIC Housing Finance | A1+ | 0.11% |
| Government Bond | 8.92% | |
| 5.63% - 2026 G-Sec | SOV | 8.83% |
| 8.33% - 2026 G-Sec | SOV | 0.07% |
| 6.84% - 2022 G-Sec | SOV | 0.01% |
| 8.79% - 2021 G-Sec | SOV | 0.01% |
| State Government Bond | 1.41% | |
| 8.90% TAMILNADU SDL - 2022 | SOV | 0.37% |
| 8.48% Karnataka SDL - 2022 | SOV | 0.37% |
| 8.38% Haryana SDL - 2026 | SOV | 0.19% |
| 8.79% Gujrat SDL - 2022 | SOV | 0.19% |
| 8.05% Gujarat SDL - 2025 | SOV | 0.06% |
| 8.99% Gujrat SDL - 2022 | SOV | 0.06% |
| 9.20% Andhra Pradesh SDL - 2022 | SOV | 0.03% |
| 4.75% Haryana SDL - 2022 | SOV | 0.03% |
| 8.85% Maharashtra SDL - 2022 | SOV | 0.02% |
| 8.86% Tamil Nadu SDL - 2022 | SOV | 0.02% |
| 8.92% Tamilnadu SDL - 2022 | SOV | 0.02% |
| 9.23% Gujarat SDL - 2021 | SOV | 0.01% |
| 8.92% Tamil Nadu SDL - 2022 | SOV | 0.01% |
| 8.75% Tamilnadu SDL - 2022 | SOV | 0.01% |
| 8.92% Tamil Nadu SDL - 2022 | SOV | 0.01% |
| 8.95% Maharashtra SDL - 2022 | SOV | 0.01% |
| 9.22% Tamil Nadu SDL - 2021 | SOV | 0.01% |
| 8.84% Tamil Nadu SDL - 2022 | SOV | 0.00% |
| Zero Coupon Bond | 1.31% | |
| LIC Housing Finance | AAA | 1.25% |
| Sundaram Finance | AAA | 0.06% |
| Floating Rate Note | 1.18% | |
| Axis Bank | A1+ | 1.18% |
| Certificate of Deposit | 0.30% | |
| Axis Bank | A1+ | 0.30% |
| Net Cash and Cash Equivalent | 13.32% | |
| Grand Total | 100.00% |
Portfolio has 1.12% exposure to Interest Rate Swaps
RISKOMETER
Scheme risk-o-meter
Benchmark risk-o-meter
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.
 | 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 |