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3 star

IDFC Low Duration Fund - Direct Plan


Debt: Low Duration

1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 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
Fund 3.48 0.00 0.08 0.37 0.76 1.87 3.77 6.62 6.78 7.44 --
CCIL T Bill Liquidity Weight 1.88 0.03 0.04 0.17 0.43 1.08 2.05 3.24 3.53 3.99 --
Debt: Low Duration 4.29 0.01 0.07 0.33 1.31 2.54 4.73 5.01 5.77 6.61 --
Rank within category 21 20 12 4 13 18 22 12 11 9 --
Number of funds in category 24 24 24 24 24 24 24 24 23 21 0

As on 03-Dec-2021

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
3 star
Jan-13 3.77 6.62 6.78 0.30% 8,450
ICICI Prudential Savings Fund - Direct Plan  | Invest Now
4 star
Jan-13 4.46 7.35 7.20 0.40% 31,730
HDFC Low Duration Fund - Direct Plan  | Invest Online
4 star
Jan-13 4.66 7.41 7.15 0.44% 21,669
Aditya Birla Sun Life Low Duration Fund - Direct Plan  | Invest Online
5 star
Jan-13 4.40 7.52 7.45 0.40% 17,431
Kotak Low Duration Fund - Standard Plan - Direct Plan  | Invest Online
4 star
Jan-13 4.38 7.56 7.62 0.41% 11,005

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 0.28 24-Dec-2019 - 24-Mar-2020
Year 10.64 30-Aug-2013 - 01-Sep-2014 3.69 26-Nov-2020 - 26-Nov-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.45 0.97 2.73 6.57 1.50 3.58
CCIL T Bill Liquidity Weight 3.18 0.40 -1.54 -4.30 -- --
Debt: Low Duration 5.11 4.37 1.60 3.37 -0.78 0.85
Rank within category 12 4 8 6 21 10
Number of funds in category 24 24 24 24 24 24

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

As on 30-Nov-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 102 124 95 57
Modified Duration (yrs) 0.80 0.82 0.59 --
Average Maturity (yrs) 0.89 0.89 0.64 --
Yield to Maturity (%) 4.21 4.21 3.56 --
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 - 8.83 8.83
equal Reserve Bank of India 182-D 23/12/2021 Treasury Bills SOV 0.00 - 7.65 7.65
equal Reserve Bank of India 182-D 09/12/2021 Treasury Bills SOV 0.00 - 4.72 4.72
equal HDFC 19/05/2022 Non Convertible Debenture AAA 2.09 - 4.02 4.02
equal Reserve Bank of India 91-D 23/12/2021 Treasury Bills SOV 0.00 - 3.53 3.53
up 8.50% National Bank Agr. Rur. Devp Debenture AAA 0.00 - 3.34 3.34
equal Reliance Industries 91-D 22/11/2021 Commercial Paper A1+ 0.00 - 2.95 2.95
down National Bank Agr. Rur. Devp 2024 Non Convertible Debenture AAA 0.00 - 3.15 2.67
equal Export-Import Bank 183-D 28/12/2021 Certificate of Deposit A1+ 0.00 - 2.59 2.59
equal Reserve Bank of India 182-D 16/12/2021 Treasury Bills SOV 0.00 - 2.36 2.36
new Reliance Industries 82-D 28/12/2021 Commercial Paper A1+ 0.00 - 2.35 2.35
equal 5.35% LIC Housing Fin. 20/03/2023 Debenture AAA 0.00 - 2.08 2.08
equal 7.17% Reliance Industries 2022 Non Convertible Debenture AAA 0.27 - 1.94 1.94
equal 7.49% HDB Financial Services 18/11/2021 Bonds/NCDs AAA 0.00 - 1.84 1.84
equal 7.20% HDFC 13/04/2023 Non Convertible Debenture AAA 0.00 - 1.83 1.83
equal 4.23% HDFC 18/02/2022 Debenture AAA 0.00 - 1.81 1.81
equal Kotak Mahindra Investments 196-D 23/11/2021 Commercial Paper A1+ 0.00 - 1.77 1.77
equal 7.42% LIC Housing Fin. 15/07/2022 Bonds/NCDs AAA 1.51 - 2.27 1.69
equal 7.09% REC 17/10/2022 Debenture AAA 0.00 - 1.52 1.52
equal 5.53% National Bank Agr. Rur. Devp 22/02/2024 Non Convertible Debenture AAA 0.00 - 1.25 1.25
new Reliance Industries 91-D 01/11/2021 Commercial Paper A1+ 0.00 - 1.18 1.18
equal Axis Bank 2022 Zero Coupon Bonds A1+ 0.00 - 1.45 1.18
equal 4.57% Ultratech Cement 29/12/2023 Debenture AAA 0.00 - 1.43 1.17
equal Kotak Mahindra Investments 362-D 08/02/2022 Commercial Paper A1+ 0.00 - 1.50 1.17
equal 7.43% HDFC 20/06/2022 Debenture AAA 0.44 - 1.20 0.96

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 31-Oct-2021

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:


0.00%

Change from previous, NAV as on 03-Dec-2021

Growth: ₹ 31.4718

IDCW Weekly: ₹ 10.1043

More

IDCW Quarterly: ₹ 10.7749

IDCW Monthly: ₹ 10.1204

IDCW Daily: ₹ 10.1111

IDCW: ₹ 10.3100


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

Minimum Investment (₹) 100
Minimum Addl Investment (₹) 100
Minimum SIP Investment (₹) 100
Minimum No of Cheques 6
Minimum Withdrawal (₹) 500
Minimum 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: 7.90%
Benchmark: NIFTY Low Duration Debt Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 8,450 Cr (As on 31-Oct-2021)
Expense: 0.30% (As on 31-Oct-2021)
Risk Grade: Below Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily03-Dec-20210.0005

 02-Dec-20210.0022
 01-Dec-20210.0010
 30-Nov-20210.0011
 29-Nov-20210.0029
 26-Nov-20210.0014
 25-Nov-20210.0014
 24-Nov-20210.0002
 23-Nov-20210.0009
 22-Nov-20210.0037
 18-Nov-20210.0020
 17-Nov-20210.0007
 16-Nov-20210.0010
 15-Nov-20210.0035
 12-Nov-20210.0003
 11-Nov-20210.0004
 10-Nov-20210.0007
 09-Nov-20210.0026
 08-Nov-20210.0106
 03-Nov-20210.0019
 02-Nov-20210.0013
 01-Nov-20210.0006
 27-Oct-20210.0003
 25-Oct-20210.0016
 22-Oct-20210.0005
IDCW Monthly29-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
 27-Mar-20200.0361
 28-Feb-20200.0451
 28-Jan-20200.0470
 27-Dec-20190.0226
 28-Nov-20190.0444
IDCW Weekly26-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
 08-Oct-20210.0044
 01-Oct-20210.0022
 24-Sep-20210.0019
 17-Sep-20210.0068
 09-Sep-20210.0039
 03-Sep-20210.0117
 27-Aug-20210.0062
 20-Aug-20210.0111
 13-Aug-20210.0119
 06-Aug-20210.0053
 30-Jul-20210.0074
 16-Jul-20210.0130
 09-Jul-20210.0112
 02-Jul-20210.0071
 25-Jun-20210.0018
 11-Jun-20210.0140
 04-Jun-20210.0070
 28-May-20210.0064
IDCW Quarterly28-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
 21-Dec-20150.1094
 24-Sep-20150.1371
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: Unit No. 27, Ground Floor, Khetan Bhavan,198, Jamshedji Tata Road, Churchgate, Mumbai - 400020

Phone: 022-24398777 / 24399999 / 66289999

Fax: 24215052 / 24215051

Email: [email protected]

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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