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. A Scheme with Relatively Low Interest Rate Risk and Relatively Low Credit Risk

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. A Scheme with Relatively Low Interest Rate Risk and Relatively Low Credit Risk

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 28th February'22)

Category: Low Duration
Monthly Avg AUM: Rs6,005.80 Crores
Inception Date: 17th January 2006
Fund Manager:
Mr. Harshal Joshi (w.e.f. 28th July 2021)
Standard Deviation (Annualized): 0.37%
Modified duration 258 days
Average Maturity: 288 days
Macaulay Duration: 267 days
Yield to Maturity: 4.32%
Benchmark: NIFTY Low Duration Debt Index (with effect from November 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 (28 February 2022)

NameRating % of NAV
Corporate Bond 36.59%
NABARD AAA 8.66%
HDFC AAA 8.57%
LIC Housing Finance AAA 7.47%
Reliance Industries AAA 6.64%
Power Finance Corporation AAA 1.26%
Bajaj Finance AAA 1.09%
REC AAA 0.92%
HDB Financial Services AAA 0.89%
Grasim Industries AAA 0.84%
Larsen & Toubro AAA 0.23%
Small Industries Dev Bank of India AAA 0.02%
Certificate of Deposit 10.38%
Axis Bank A1+ 10.38%
Government Bond 9.66%
5.63% - 2026 G-Sec SOV 9.55%
8.33% - 2026 G-Sec SOV 0.09%
6.84% - 2022 G-Sec SOV 0.02%
Commercial Paper 4.89%
Kotak Mahindra Investments A1+ 2.82%
Kotak Mahindra Prime A1+ 1.66%
HDFC A1+ 0.25%
LIC Housing Finance A1+ 0.16%
State Government Bond 1.92%
8.90% TAMILNADU SDL - 2022 SOV 0.51%
8.48% Karnataka SDL - 2022 SOV 0.51%
8.38% Haryana SDL - 2026 SOV 0.27%
8.79% Gujrat SDL - 2022 SOV 0.26%
8.05% Gujarat SDL - 2025 SOV 0.09%
8.99% Gujrat SDL - 2022 SOV 0.08%
9.20% Andhra Pradesh SDL - 2022 SOV 0.05%
4.75% Haryana SDL - 2022 SOV 0.04%
8.85% Maharashtra SDL - 2022 SOV 0.03%
8.86% Tamil Nadu SDL - 2022 SOV 0.03%
8.92% Tamilnadu SDL - 2022 SOV 0.02%
8.92% Tamilnadu SDL - 2022 SOV 0.01%
8.92% Tamil Nadu SDL - 2022 SOV 0.01%
8.95% Maharashtra SDL - 2022 SOV 0.01%
8.84% Tamil Nadu SDL - 2022 SOV 0.004%
Floating Rate Note 1.67%
Axis Bank A1+ 1.67%
Zero Coupon Bond 0.93%
LIC Housing Finance AAA 0.85%
Sundaram Finance AAA 0.08%
Net Cash and Cash Equivalent 33.97%
Grand Total 100.00%


     POTENTIAL RISK CLASS MATRIX

     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.


This scheme has exposure to floating rate instruments and / or interest rate derivatives. The duration of these instruments is linked to the interest rate reset period. The interest rate risk in a floating rate instrument or in a fixed rate instrument hedged with derivatives is likely to be lesser than that in an equivalent maturity fixed rate instrument. Under some market circumstances the volatility may be of an order greater than what may ordinarily be expected considering only its duration. Hence investors are recommended to consider the unadjusted portfolio maturity of the scheme as well and exercise adequate due diligence when deciding to make their investments.
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
Invest online at www.idfcmf.com
www.facebook.com/idfcamc
@IDFCMF
Contact your Financial Advisor
Call toll free 1800-2-6666-88
Invest online at www.idfcmf.com
www.facebook.com/idfcamc
@IDFCMF