The IDFC Low Duration Fund is a low duration debt scheme that aims to generate relatively stable returns with a low risk strategy by investing in high quality debt and money market instruments with a Macaulay duration of 6 to 12 months. As of December 31, 2020, the entire portfolio was invested in AAA equivalent rated instruments, with corporate bonds, treasury bills, and certificate of deposits making up the largest allocations. The fund seeks to provide short term optimal returns with relative stability and high liquidity.