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IDFC LOW DURATION FUND
Fund Features: (Data as on 31st
December'20)
Category: Low Duration
Monthly Avg AUM: `7,162.89 Crores
Inception Date: 17th January 2006
Fund Manager: Mr. Anurag Mittal
(w.e.f. 09th November 2015)
Standard Deviation (Annualized):
1.01%
Modified duration: 288 days
Average Maturity: 313 days
Macaulay Duration: 299 days
Yield to Maturity: 3.66%
Benchmark: NIFTY Low Duration
Debt Index (w.e.f 11/11/2019)
Minimum Investment Amount:
`100/- and any amount thereafter.
Exit Load: Nil (Since 29th June 2012)
Options Available: Growth &
Dividend Option- Daily (Reinvest),
Weekly (Reinvest), Monthly, Quarterly
& Periodic frequency (each with
payout, reinvestment and sweep
facility).
PORTFOLIO (31 December 2020)
Corporate Bond 36.96%
HDFC AAA 8.46%
REC AAA 5.94%
Power Finance Corporation AAA 4.33%
LIC Housing Finance AAA 4.30%
Reliance Industries AAA 4.22%
Larsen & Toubro AAA 3.21%
Indian Oil Corporation AAA 2.20%
UltraTech Cement AAA 0.86%
NABARD AAA 0.79%
National Highways Auth of Ind AAA 0.65%
Grasim Industries AAA 0.44%
Indian Railway Finance Corporation AAA 0.38%
Power Grid Corporation of India AAA 0.36%
Sundaram Finance AAA 0.35%
HDB Financial Services AAA 0.23%
Hindustan Petroleum Corporation AAA 0.15%
Bajaj Finance AAA 0.07%
Small Industries Dev Bank of India AAA 0.01%
Treasury Bill 16.62%
182 Days Tbill - 2021 SOV 11.06%
Name Rating Total (%)
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.
(Previously known as IDFC Ultra Short Term 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.
ASSET QUALITY
AAA Equivalent
100.00%
PORTFOLIO (31 December 2020)
Name Rating Total (%)
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.
364 Days Tbill - 2021 SOV 5.55%
Certificate of Deposit 16.36%
Axis Bank A1+ 11.81%
Bank of Baroda A1+ 3.79%
NABARD A1+ 0.76%
Commercial Paper 15.30%
NABARD A1+ 5.54%
HDFC A1+ 3.21%
Reliance Industries A1+ 2.08%
Kotak Mahindra Prime A1+ 1.70%
Larsen & Toubro A1+ 1.39%
Kotak Mahindra Investments A1+ 1.38%
Government Bond 5.07%
7.94% - 2021 G-Sec SOV 2.30%
7.16% - 2023 G-Sec SOV 1.04%
7.32% - 2024 G-Sec SOV 0.76%
6.84% - 2022 G-Sec SOV 0.46%
5.22% - 2025 G-Sec SOV 0.35%
8.33% - 2026 G-Sec SOV 0.08%
8.15% - 2022 G-Sec SOV 0.07%
Zero Coupon Bond 2.67%
LIC Housing Finance AAA 1.43%
Kotak Mahindra Prime AAA 1.18%
Sundaram Finance AAA 0.07%
State Government Bond 0.44%
8.38% Haryana SDL - 2026 SOV 0.23%
8.05% Gujarat SDL - 2025 SOV 0.08%
8.99% Gujrat SDL - 2022 SOV 0.07%
9.20% Andhra Pradesh SDL - 2022 SOV 0.04%
7.55% Maharastra SDL - 2021 SOV 0.02%
Net Cash and Cash Equivalent 6.58%
Grand Total 100.00%

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IDFC Low Duration Fund_Fund spotlight

  • 1. IDFC LOW DURATION FUND Fund Features: (Data as on 31st December'20) Category: Low Duration Monthly Avg AUM: `7,162.89 Crores Inception Date: 17th January 2006 Fund Manager: Mr. Anurag Mittal (w.e.f. 09th November 2015) Standard Deviation (Annualized): 1.01% Modified duration: 288 days Average Maturity: 313 days Macaulay Duration: 299 days Yield to Maturity: 3.66% Benchmark: NIFTY Low Duration Debt Index (w.e.f 11/11/2019) Minimum Investment Amount: `100/- and any amount thereafter. Exit Load: Nil (Since 29th June 2012) Options Available: Growth & Dividend Option- Daily (Reinvest), Weekly (Reinvest), Monthly, Quarterly & Periodic frequency (each with payout, reinvestment and sweep facility). PORTFOLIO (31 December 2020) Corporate Bond 36.96% HDFC AAA 8.46% REC AAA 5.94% Power Finance Corporation AAA 4.33% LIC Housing Finance AAA 4.30% Reliance Industries AAA 4.22% Larsen & Toubro AAA 3.21% Indian Oil Corporation AAA 2.20% UltraTech Cement AAA 0.86% NABARD AAA 0.79% National Highways Auth of Ind AAA 0.65% Grasim Industries AAA 0.44% Indian Railway Finance Corporation AAA 0.38% Power Grid Corporation of India AAA 0.36% Sundaram Finance AAA 0.35% HDB Financial Services AAA 0.23% Hindustan Petroleum Corporation AAA 0.15% Bajaj Finance AAA 0.07% Small Industries Dev Bank of India AAA 0.01% Treasury Bill 16.62% 182 Days Tbill - 2021 SOV 11.06% Name Rating Total (%) 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. (Previously known as IDFC Ultra Short Term 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. ASSET QUALITY AAA Equivalent 100.00%
  • 2. PORTFOLIO (31 December 2020) Name Rating Total (%) 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. 364 Days Tbill - 2021 SOV 5.55% Certificate of Deposit 16.36% Axis Bank A1+ 11.81% Bank of Baroda A1+ 3.79% NABARD A1+ 0.76% Commercial Paper 15.30% NABARD A1+ 5.54% HDFC A1+ 3.21% Reliance Industries A1+ 2.08% Kotak Mahindra Prime A1+ 1.70% Larsen & Toubro A1+ 1.39% Kotak Mahindra Investments A1+ 1.38% Government Bond 5.07% 7.94% - 2021 G-Sec SOV 2.30% 7.16% - 2023 G-Sec SOV 1.04% 7.32% - 2024 G-Sec SOV 0.76% 6.84% - 2022 G-Sec SOV 0.46% 5.22% - 2025 G-Sec SOV 0.35% 8.33% - 2026 G-Sec SOV 0.08% 8.15% - 2022 G-Sec SOV 0.07% Zero Coupon Bond 2.67% LIC Housing Finance AAA 1.43% Kotak Mahindra Prime AAA 1.18% Sundaram Finance AAA 0.07% State Government Bond 0.44% 8.38% Haryana SDL - 2026 SOV 0.23% 8.05% Gujarat SDL - 2025 SOV 0.08% 8.99% Gujrat SDL - 2022 SOV 0.07% 9.20% Andhra Pradesh SDL - 2022 SOV 0.04% 7.55% Maharastra SDL - 2021 SOV 0.02% Net Cash and Cash Equivalent 6.58% Grand Total 100.00%