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

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. 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 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 28th February'22)

Category: Ultra Short Duration
Monthly Avg AUM: Rs4,323.63 Crores
Inception Date: 18th July 2018
Fund Manager:
Mr. Harshal Joshi (w.e.f. 18th July 2018)
Standard Deviation (Annualized): 0.17%
Modified duration 130 days
Average Maturity: 136 days
Macaulay Duration: 134 days
Yield to Maturity: 4.11%
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 (28 February 2022)

NameRatingTotal (%)
Corporate Bond 31.37%
NABARD AAA 10.76%
REC AAA 5.15%
LIC Housing Finance AAA 4.93%
HDFC AAA 4.32%
Power Finance Corporation AAA 3.53%
Reliance Industries AAA 1.17%
Bajaj Finance AAA 1.17%
Kotak Mahindra Prime AAA 0.35%
Commercial Paper 18.02%
Reliance Jio Infocomm A1+ 6.91%
Kotak Mahindra Prime A1+ 6.87%
Kotak Mahindra Investments A1+ 4.24%
Certificate of Deposit 9.82%
Axis Bank A1+ 9.82%
State Government Bond 3.79%
8.90% MAHARASHTRA SDL - 2022 SOV 3.55%
8.84% Gujrat SDL - 2022 SOV 0.12%
8.90% Andhra pradesh SDL - 2022 SOV 0.12%
Zero Coupon Bond 2.88%
Kotak Mahindra Prime AAA 2.88%
Floating Rate Note 2.31%
Axis Bank A1+ 2.31%
Treasury Bill 0.58%
91 Days Tbill - 2022 SOV 0.58%
Net Cash and Cash Equivalent 31.24%
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 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.


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.
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