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3 star

IDFC Low Duration Fund - Direct Plan download report


Debt: Low Duration

1 Lakh

Investment Grown to
₹ 1.03 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.21 Lakh

Suitability:

"Low Duration debt funds invest in bonds maturing in six months to a year. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital. Retail investors can avoid these funds altogether. Here's why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there's a different category of funds that invests in bonds of up to three months maturity, from the one that invests in bonds maturing in three to six months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don't need for up to a year in a Liquid fund."

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
IDFC Low Duration Direct-G 0.80 -0.01 0.06 -0.28 0.22 1.17 3.04 5.59 6.34 7.00 --
CCIL T Bill Liquidity Weight 0.59 0.04 0.04 -0.01 0.29 0.85 1.92 2.78 3.34 3.74 --
Debt: Low Duration 1.05 0.00 0.09 -0.13 0.48 1.43 4.06 4.95 5.97 6.70 --
Rank within category 22 19 21 20 21 21 22 12 12 11 --
Number of funds in category 22 22 22 22 22 22 22 22 22 21 0

As on 20-May-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
IDFC Low Duration Fund - Direct Plan  | Invest Online
3 star
Jan-13 3.04 5.59 6.34 0.30% 6,251
HDFC Low Duration Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.82 6.44 6.82 0.39% 17,920
Aditya Birla Sun Life Low Duration Fund - Direct Plan  | Invest Online
5 star
Jan-13 4.03 6.60 7.14 0.38% 14,540
Nippon India Low Duration Fund - Direct Plan  | Invest Online
4 star
Jan-13 4.03 5.92 6.64 0.36% 9,632
Kotak Low Duration Fund - Standard Plan - Direct Plan  | Invest Online
4 star
Jan-13 3.62 6.44 7.13 0.42% 8,177

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 1.62 24-Mar-2020 - 31-Mar-2020 -0.88 12-Mar-2020 - 19-Mar-2020
Month 2.24 24-Mar-2020 - 23-Apr-2020 -0.88 25-Feb-2020 - 26-Mar-2020
Quarter 4.13 24-Mar-2020 - 24-Jun-2020 0.22 18-Feb-2022 - 20-May-2022
Year 10.64 30-Aug-2013 - 01-Sep-2014 3.01 06-May-2021 - 06-May-2022

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
IDFC Low Duration Direct-G 5.77 0.96 2.33 6.18 1.58 3.30
CCIL T Bill Liquidity Weight 2.86 0.36 -1.85 -5.13 -- --
Debt: Low Duration 5.15 3.14 1.51 3.51 -0.10 1.55
Rank within category 12 4 7 7 20 9
Number of funds in category 22 22 22 22 22 22

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Apr-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 65 124 65 56
Modified Duration (yrs) 0.81 0.86 0.53 0.60
Average Maturity (yrs) 0.89 0.97 0.58 0.86
Yield to Maturity (%) 4.81 4.81 3.70 4.89
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up 5.63% GOI 2026 GOI Securities SOV 0.00 - 11.25 11.25
equal HDFC Bank 25/07/2022 Certificate of Deposit A1+ 0.00 - 8.54 7.92
equal Indian Bank 2022 Certificate of Deposit A1+ 0.00 - 5.16 4.78
equal 7.17% Reliance Industries 2022 Non Convertible Debenture AAA 0.27 - 4.47 4.13
equal National Bank Agr. Rur. Devp 2024 Non Convertible Debenture AAA 2.67 - 3.89 3.59
up 7.24% REC 31/12/2022 Non Convertible Debenture AAA 0.00 - 3.33 3.33
equal Axis Bank 20/06/2022 Certificate of Deposit A1+ 0.00 - 3.43 3.18
up 6.84% GOI 19/12/2022 GOI Securities SOV 0.01 - 2.98 2.98
up 7.03% REC 2022 Non Convertible Debenture AAA 0.00 - 2.98 2.98
equal 4.50% HDFC 14/12/2022 Debenture AAA 0.00 - 3.02 2.79
down Axis Bank 2022 Certificate of Deposit A1+ 0.00 - 4.63 2.73
equal 4.95% HDFC 2022 Non Convertible Debenture AAA 0.79 - 2.86 2.64
equal 8.50% National Bank Agr. Rur. Devp Debenture AAA 0.00 - 5.03 2.54
equal 7.20% HDFC 13/04/2023 Non Convertible Debenture AAA 1.63 - 2.65 2.44
equal 7.00% Reliance Industries 31/08/2022 Non Convertible Debenture AAA 0.00 - 2.53 2.34
equal 7.42% LIC Housing Fin. 15/07/2022 Bonds/NCDs AAA 1.51 - 2.44 2.25
down 4.60% National Bank Agr. Rur. Devp 29/07/2024 Debenture AAA 0.00 - 2.60 2.00
equal Axis Bank 16/11/2022 Certificate of Deposit A1+ 0.00 - 2.10 1.95
new Axis Bank 2023 Certificate of Deposit A1+ 0.00 - 1.92 1.92
new 8.25% Indian Railway Finance Corporation 28/02/2024 Debenture AAA 0.00 - 1.67 1.67
down 7.10% Bajaj Finance 2023 Debenture AAA 0.00 - 2.20 1.62
equal 8.45% Power Finance Corporation 2022 Non Convertible Debenture AAA 0.00 - 1.76 1.62
up 5.53% National Bank Agr. Rur. Devp 22/02/2024 Non Convertible Debenture AAA 0.00 - 1.74 1.43
equal 6.90% REC 30/06/2022 Debenture AAA 0.00 - 1.48 1.37
equal 7.43% HDFC 20/06/2022 Debenture AAA 0.86 - 1.39 1.29

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Apr-2022

Fund Manager

— Harshal Joshi since 28-Jul-2021

Education: Mr. Joshi is PGDBM from N.L. Dalmia Institute of Management Studies and Research, Mumbai

Experience: Prior to joining IDFC Mutual fund in 2008 he has worked with ICAP India Pvt. Ltd.

Funds Managed:


-0.01%

Change from previous, NAV as on 20-May-2022

Growth: ₹ 31.7927

IDCW Weekly: ₹ 10.0632

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IDCW Quarterly: ₹ 10.7154

IDCW Monthly: ₹ 10.0827

IDCW Daily: ₹ 10.0728

IDCW: ₹ 10.4152


Investment Strategy

The scheme aims to offer an investment avenue for short term savings by looking to generate returns commensurate with a low risk strategy from a portfolio that is invested in debt and money market securities such that the Macaulay duration of the portfolio is between 6 months and 12 months.

Investment Details

Min. Investment (₹) 100
Min. Addl Investment (₹) 100
Min. SIP Investment (₹) 100
Min. No of Cheques 6
Min. Withdrawal (₹) 500
Min. Balance (₹) 500
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: IDFC Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 7.62%
Benchmark: NIFTY Low Duration Debt Index A-I
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 6,251 Cr (As on 30-Apr-2022)
Expense: 0.30% (As on 30-Apr-2022)
Risk Grade: Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily02-May-20220.0031

 27-Apr-20220.0004
 26-Apr-20220.0008
 25-Apr-20220.0027
 07-Apr-20220.0031
 06-Apr-20220.0015
 05-Apr-20220.0019
 04-Apr-20220.0035
 31-Mar-20220.0016
 30-Mar-20220.0044
 29-Mar-20220.0022
 28-Mar-20220.0021
 25-Mar-20220.0026
 24-Mar-20220.0008
 23-Mar-20220.0008
 21-Mar-20220.0046
 17-Mar-20220.0031
 16-Mar-20220.0033
 15-Mar-20220.0054
 14-Mar-20220.0051
 11-Mar-20220.0001
 10-Mar-20220.0027
 09-Mar-20220.0027
 28-Feb-20220.0019
 25-Feb-20220.0008
IDCW Weekly29-Apr-20220.0064

 22-Apr-20220.0058
 31-Mar-20220.0104
 25-Mar-20220.0080
 17-Mar-20220.0170
 11-Mar-20220.0047
 25-Feb-20220.0031
 18-Feb-20220.0105
 11-Feb-20220.0243
 28-Jan-20220.0041
 21-Jan-20220.0041
 14-Jan-20220.0120
 07-Jan-20220.0034
 31-Dec-20210.0103
 24-Dec-20210.0016
 17-Dec-20210.0034
 10-Dec-20210.0070
 03-Dec-20210.0076
 26-Nov-20210.0076
 18-Nov-20210.0073
 12-Nov-20210.0146
 03-Nov-20210.0055
 29-Oct-20210.0002
 22-Oct-20210.0049
 14-Oct-20210.0098
IDCW Monthly28-Apr-20220.0131

 30-Mar-20220.0385
 25-Feb-20220.0381
 28-Jan-20220.0267
 30-Dec-20210.0241
 29-Nov-20210.0369
 28-Oct-20210.0209
 29-Sep-20210.0219
 30-Aug-20210.0397
 29-Jul-20210.0423
 29-Jun-20210.0258
 28-May-20210.0317
 29-Apr-20210.0538
 26-Mar-20210.0428
 26-Feb-20210.0217
 28-Jan-20210.0095
 28-Dec-20200.0247
 25-Nov-20200.0479
 28-Oct-20200.0583
 28-Sep-20200.0389
 28-Aug-20200.0247
 28-Jul-20200.0597
 26-Jun-20200.1099
 28-May-20200.1124
 28-Apr-20200.0493
IDCW Quarterly28-Mar-20220.0918

 28-Dec-20210.0770
 28-Sep-20210.1078
 28-Jun-20210.1125
 24-Mar-20210.0517
 24-Dec-20200.1250
 28-Sep-20200.1168
 26-Jun-20200.3935
 24-Mar-20200.0934
 26-Dec-20190.1334
 25-Sep-20190.1702
 25-Jun-20190.1416
 27-Mar-20190.1482
 27-Dec-20180.1702
 26-Sep-20180.1216
 26-Jun-20180.0957
 22-Mar-20180.1133
 21-Dec-20170.1040
 21-Sep-20170.1156
 27-Jun-20170.1445
 22-Mar-20170.1083
 22-Dec-20160.1372
 22-Sep-20160.1589
 23-Jun-20160.1589
 22-Mar-20160.1180
IDCW25-Mar-20210.7398

 26-Mar-20203.8272
 24-Mar-20203.8272
 12-Sep-20141.2842
 28-May-20130.2577

Contact Information

AMC: IDFC Asset Management Company Limited

Address: No. 27, Ground Floor Khetan Bhavan,198, Jamshedji Tata Road, Churchgate, Mumbai - 400020

Fax: 24215052 / 24215051

Website: http://www.idfcmf.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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