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4 star

IDFC Ultra Short Term Fund - Regular Plan download report


1 Lakh

Investment Grown to
₹ 1.03 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

"Ultra Short Duration debt funds invest in bonds maturing in three to six months. 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 over the said timeframe is low but they do not guarantee returns or safety of capital.

Such funds are usually more suited to institutional investors. 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.

If you do decide to invest in them, remember that these funds usually deliver low returns which are only marginally higher than your bank account. They are not suitable if your aim is to build wealth in the long run."

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 Ultra Short Term Fund Reg-G 1.07 0.01 0.09 -0.05 0.57 1.46 3.11 4.89 -- -- --
CCIL T Bill Liquidity Weight 0.59 0.04 0.04 -0.01 0.29 0.85 1.92 2.78 -- -- --
Debt: Ultra Short Duration 1.05 0.01 0.08 -0.01 0.57 1.41 3.29 4.72 -- -- --
Rank within category 13 7 8 25 15 13 14 8 -- -- --
Number of funds in category 27 27 27 27 27 27 27 21 14 14 13

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 Ultra Short Term Fund - Regular Plan  | Invest Online
4 star
Jul-18 3.11 4.89 -- 0.43% 4,695
Aditya Birla Sun Life Savings Fund  | Invest Online
4 star
Nov-01 3.70 5.73 6.50 0.49% 16,314
SBI Magnum Ultra Short Duration Fund  | Invest Online
4 star
May-99 3.18 5.02 6.03 0.49% 14,144
HDFC Ultra Short Term Fund - Regular Plan  | Invest Online
4 star
Sep-18 3.28 5.19 -- 0.64% 14,076
ICICI Prudential Ultra Short Term Fund  | Invest Now
5 star
May-11 3.59 5.62 6.32 0.87% 13,266

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 1.28 24-Mar-2020 - 31-Mar-2020 -0.78 17-Mar-2020 - 24-Mar-2020
Month 1.90 24-Mar-2020 - 23-Apr-2020 -0.46 25-Feb-2020 - 26-Mar-2020
Quarter 3.33 24-Mar-2020 - 24-Jun-2020 0.37 24-Dec-2019 - 24-Mar-2020
Year 8.76 14-Sep-2018 - 16-Sep-2019 3.09 12-May-2021 - 13-May-2022

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
IDFC Ultra Short Term Fund Reg-G 5.01 0.70 2.12 7.39 1.55 2.53
CCIL T Bill Liquidity Weight 2.86 0.36 -1.85 -5.13 -- --
Debt: Ultra Short Duration 4.80 1.07 1.54 4.68 1.09 2.01
Rank within category 7 14 7 3 20 5
Number of funds in category 21 21 21 21 21 21

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 43 65 33 41
Modified Duration (yrs) 0.41 0.46 0.27 0.35
Average Maturity (yrs) 0.43 0.47 0.30 0.38
Yield to Maturity (%) 4.50 4.50 3.49 4.50
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
new Axis Bank 2023 Certificate of Deposit A1+ 0.00 - 7.17 7.17
new Export-Import Bank 91-D 29/07/2022 Certificate of Deposit A1+ 0.00 - 5.80 5.80
up 7.24% REC 31/12/2022 Non Convertible Debenture AAA 0.00 - 4.75 4.75
equal 8.50% National Bank Agr. Rur. Devp Debenture AAA 0.00 - 7.03 4.58
equal 7.21% HDFC 30/12/2022 Debenture AAA 0.00 - 5.18 4.32
equal Kotak Mahindra Prime 357-D 06/06/2022 Commercial Paper A1+ 0.00 - 5.06 4.24
down HDFC Bank 25/07/2022 Certificate of Deposit A1+ 0.00 - 6.29 4.22
up 7.03% REC 2022 Non Convertible Debenture AAA 0.00 - 3.87 3.87
up 7.10% Power Finance Corporation 2022 Bonds/NCDs AAA 0.00 - 3.73 3.65
equal 8.90% Maharashtra State 20/09/2022 State Development Loan SOV 0.00 - 3.90 3.25
equal 8.45% Power Finance Corporation 2022 Non Convertible Debenture AAA 0.00 - 3.88 3.23
up 7.00% Reliance Industries 31/08/2022 Non Convertible Debenture AAA 0.00 - 3.22 3.22
up 5.14% National Bank Agr. Rur. Devp 21-D 31/01/2024 Debenture AAA 0.00 - 2.51 2.47
equal 7.85% LIC Housing Fin. 16/12/2022 Non Convertible Debenture AAA 1.76 - 2.60 2.17
equal Kotak Mahindra Investments 298-D 17/05/2022 Commercial Paper A1+ 0.00 - 2.54 2.13
new HDFC Bank 29/06/2022 Certificate of Deposit A1+ 0.00 - 2.12 2.12
equal 7.87% HDFC 18/07/2022 Non Convertible Debenture AAA 0.00 - 2.06 1.72
new 7.12% REC 31/03/2023 Non Convertible Debenture AAA 0.00 - 1.62 1.62
equal 4.95% HDFC 2022 Non Convertible Debenture AAA 0.42 - 1.91 1.60
equal 5.44% National Bank Agr. Rur. Devp 2024 Debenture AAA 0.00 - 1.91 1.59
new Export-Import Bank 2022 Certificate of Deposit A1+ 0.00 - 1.58 1.58
equal Reliance Retail Ventures 173-D 12/09/2022 Commercial Paper A1+ 0.00 - 1.87 1.57
equal 7.28% HDFC 26/09/2022 Debenture AAA 0.00 - 1.55 1.29
down 7.42% LIC Housing Fin. 15/07/2022 Bonds/NCDs AAA 0.61 - 2.18 1.07
equal 8.54% Bajaj Finance 2022 Debenture AAA 0.00 - 1.28 1.07

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 06-Jul-2018

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: ₹ 12.3486

IDCW Weekly: ₹ 10.0574

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IDCW Quarterly: ₹ 10.1523

IDCW Monthly: ₹ 10.0271

IDCW Daily: ₹ 10.0345

IDCW: ₹ 10.3854


Investment Strategy

The Scheme seeks to offer an investment avenue for short term savings by looking to generate stable returns 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 3 to 6 months.

Investment Details

Min. Investment (₹) 100
Min. Addl Investment (₹) 100
Min. SIP Investment (₹) 100
Min. No of Cheques 6
Min. Withdrawal (₹) 500
Min. Balance (₹) 1
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: IDFC Mutual Fund
Launch Date: 18-Jul-2018
Return Since Launch: 5.65%
Benchmark: NIFTY Ultra Short Duration Debt Index A-I
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 4,695 Cr (As on 30-Apr-2022)
Expense: 0.43% (As on 30-Apr-2022)
Risk Grade: Below Average
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily02-May-20220.0038

 29-Apr-20220.0002
 28-Apr-20220.0002
 27-Apr-20220.0013
 26-Apr-20220.0013
 25-Apr-20220.0032
 22-Apr-20220.0004
 21-Apr-20220.0018
 20-Apr-20220.0026
 19-Apr-20220.0025
 18-Apr-20220.0021
 07-Apr-20220.0022
 06-Apr-20220.0010
 05-Apr-20220.0014
 04-Apr-20220.0047
 31-Mar-20220.0022
 30-Mar-20220.0019
 29-Mar-20220.0015
 28-Mar-20220.0042
 25-Mar-20220.0019
 24-Mar-20220.0019
 23-Mar-20220.0013
 22-Mar-20220.0003
 21-Mar-20220.0050
 17-Mar-20220.0013
IDCW Weekly29-Apr-20220.0059

 22-Apr-20220.0140
 13-Apr-20220.0008
 08-Apr-20220.0039
 31-Mar-20220.0098
 25-Mar-20220.0104
 17-Mar-20220.0114
 11-Mar-20220.0066
 04-Mar-20220.0025
 25-Feb-20220.0053
 18-Feb-20220.0103
 11-Feb-20220.0127
 04-Feb-20220.0008
 28-Jan-20220.0046
 21-Jan-20220.0059
 14-Jan-20220.0086
 07-Jan-20220.0072
 31-Dec-20210.0085
 24-Dec-20210.0056
 17-Dec-20210.0042
 10-Dec-20210.0060
 03-Dec-20210.0080
 26-Nov-20210.0072
 18-Nov-20210.0060
 12-Nov-20210.0120
IDCW Monthly28-Apr-20220.0266

 30-Mar-20220.0385
 25-Feb-20220.0292
 28-Jan-20220.0283
 30-Dec-20210.0272
 29-Nov-20210.0324
 28-Oct-20210.0220
 29-Sep-20210.0200
 30-Aug-20210.0330
 29-Jul-20210.0317
 29-Jun-20210.0271
 28-May-20210.0253
 29-Apr-20210.0374
 26-Mar-20210.0293
 26-Feb-20210.0242
 28-Jan-20210.0187
 28-Dec-20200.0247
 25-Nov-20200.0292
 28-Oct-20200.0399
 28-Sep-20200.0284
 28-Aug-20200.0280
 28-Jul-20200.0362
 26-Jun-20200.0519
 28-May-20200.0933
 28-Apr-20200.0697
IDCW Quarterly28-Mar-20220.0798

 28-Dec-20210.0692
 28-Sep-20210.0812
 28-Jun-20210.0817
 24-Mar-20210.0611
 24-Dec-20200.0826
 28-Sep-20200.0824
 26-Jun-20200.2908
 24-Mar-20200.0774
 26-Dec-20190.1199
 25-Sep-20190.1405
 25-Jun-20190.1339
 27-Mar-20190.1324
 27-Dec-20180.1518
 26-Sep-20180.0820
IDCW25-Mar-20210.5945

 24-Mar-20200.8929

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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