1 Lakh
Investment Grown to₹ 10000
Monthly SIP Grown toSuitability:
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
Dividends
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YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
---|---|---|---|---|---|---|---|---|---|---|---|
Fund | 0.13 | 0.03 | 0.05 | 0.21 | 0.78 | 1.75 | 5.46 | -- | -- | -- | -- |
CCIL T Bill Liquidity Weight | 0.08 | -0.01 | 0.04 | 0.10 | 0.46 | 1.07 | 2.95 | -- | -- | -- | -- |
Debt: Ultra Short Duration | 0.16 | 0.03 | 0.06 | 0.24 | 0.89 | 2.04 | 5.35 | -- | -- | -- | -- |
Rank within category | 21 | 12 | 17 | 23 | 22 | 21 | 11 | -- | -- | -- | -- |
Number of funds in category | 28 | 28 | 28 | 28 | 28 | 27 | 26 | 15 | 15 | 14 | 0 |
As on 25-Jan-2021
Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
---|---|---|---|---|---|---|---|
IDFC Ultra Short Term Fund - Direct Plan | Jul-18 | 5.46 | -- | -- | 0.26 | 4,443 | |
Aditya Birla Sun Life Savings Fund - Direct Plan | Invest Online | Jan-13 | 6.71 | 7.72 | 7.95 | 0.34 | 16,540 | |
SBI Magnum Ultra Short Duration Fund - Direct Plan | Invest Online | Jan-13 | 5.70 | 7.28 | 7.25 | 0.31 | 14,272 | |
HDFC Ultra Short Term Fund - Direct Plan | Invest Online | Sep-18 | 6.44 | -- | -- | 0.34 | 14,228 | |
Kotak Savings Fund - Direct Plan | Invest Online | Jan-13 | 5.93 | 7.35 | 7.52 | 0.32 | 12,428 |
Best (Period) | Worst (Period) | |
---|---|---|
Week | 1.28 (24-Mar-2020 - 31-Mar-2020) | -0.78 (17-Mar-2020 - 24-Mar-2020) |
Month | 1.91 (24-Mar-2020 - 23-Apr-2020) | -0.45 (25-Feb-2020 - 26-Mar-2020) |
Quarter | 3.37 (24-Mar-2020 - 24-Jun-2020) | 0.41 (24-Dec-2019 - 24-Mar-2020) |
Year | 8.95 (14-Sep-2018 - 16-Sep-2019) | 5.48 (23-Jan-2020 - 22-Jan-2021) |
Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
---|---|---|---|---|---|---|
Fund | -- | -- | -- | -- | -- | -- |
CCIL T Bill Liquidity Weight* | 3.78 | 0.34 | -2.89 | -5.80 | -- | -- |
Debt: Ultra Short Duration* | 6.35 | 1.59 | 2.26 | 4.19 | 1.12 | 2.69 |
Rank within category | -- | -- | -- | -- | -- | -- |
Number of funds in category | -- | -- | -- | -- | -- | -- |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on
* As on 31-Dec-2020
Fund | 1Y High | 1Y Low | Category | |
---|---|---|---|---|
Number of Securities | 57 | 77 | 55 | 39 |
Modified Duration (yrs) | 0.33 | 0.45 | 0.30 | 0.36 |
Average Maturity (yrs) | 0.35 | 0.48 | 0.31 | 0.39 |
Yield to Maturity (%) | 3.20 | 5.88 | 3.12 | 4.03 |
Avg Credit Rating | AAA | -- | -- | -- |
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Company | Instrument | Credit Rating | 1Y Range | % Assets | |
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|
Reserve Bank of India 182-D 14/01/2021 | Treasury Bills | SOV | 0.00 - 24.17 | 24.17 |
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Reserve Bank of India 182-D 18/02/2021 | Treasury Bills | SOV | 0.00 - 5.61 | 5.61 |
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Kotak Mahindra Prime 2021 | Commercial Paper | A1+ | 0.00 - 4.50 | 4.50 |
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Reliance Industries 83-D 25/02/2021 | Commercial Paper | A1+ | 0.00 - 3.92 | 3.92 |
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HDFC 364-D 25/05/2021 | Commercial Paper | A1+ | 0.00 - 3.50 | 3.33 |
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Reliance Industries 91-D 22/01/2021 | Commercial Paper | A1+ | 0.00 - 2.81 | 2.81 |
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Reserve Bank of India 182-D 18/03/2021 | Treasury Bills | SOV | 0.00 - 2.80 | 2.80 |
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7.50% SIDBI 16/07/2021 | Debenture | AAA | 0.88 - 3.04 | 2.66 |
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6.92% Maharashtra State 2022 | State Development Loan | SOV | 0.00 - 2.55 | 2.55 |
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HDFC 357-D 24/02/2021 | Commercial Paper | A1+ | 0.00 - 2.24 | 2.24 |
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LIC Housing Fin. 345-D 26/05/2021 | Commercial Paper | A1+ | 0.00 - 2.22 | 2.22 |
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Axis Bank 2021 | Certificate of Deposit | A1+ | 0.00 - 2.20 | 2.20 |
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Axis Bank 24/11/2021 | Certificate of Deposit | A1+ | 0.00 - 2.18 | 2.18 |
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8.38% Karnataka State 31/10/2022 | State Development Loan | SOV | 0.00 - 2.05 | 2.05 |
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8.37% National Bank Agr. Rur. Devp 2021 | Debenture | AAA | 0.00 - 1.96 | 1.96 |
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Reserve Bank of India 28/01/2021 | Treasury Bills | SOV | 0.00 - 1.91 | 1.91 |
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Reserve Bank of India 182-D 25/03/2021 | Treasury Bills | SOV | 0.00 - 1.72 | 1.72 |
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SIDBI 20/01/2021 | Commercial Paper | A1+ | 0.00 - 1.69 | 1.69 |
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8.50% SIDBI 21/06/2021 | Debenture | AAA | 0.00 - 1.54 | 1.38 |
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8.15% REC 18/01/2021 | Bonds/Debentures | AAA | 0.00 - 3.48 | 1.35 |
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Reserve Bank of India 364-D 25/03/2021 | Treasury Bills | SOV | 0.00 - 2.30 | 1.34 |
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8.31% Karnataka State 14/11/2022 | State Development Loan | SOV | 0.00 - 1.33 | 1.33 |
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7.70% REC 15/03/2021 | Bonds/NCDs | AAA | 0.00 - 1.18 | 1.18 |
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8.75% LIC Housing Fin. 2021 | Debenture | AAA | 0.00 - 1.14 | 1.14 |
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Reliance Industries 325-D 15/03/2021 | Commercial Paper | A1+ | 0.00 - 1.12 | 1.12 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Dec-2020
— 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:
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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.
Minimum Investment (₹) | 100 |
Minimum Addl Investment (₹) | 100 |
Minimum SIP Investment (₹) | 100 |
Minimum No of Cheques | 6 |
Minimum Withdrawal (₹) | 500 |
Minimum Balance (₹) | 1 |
Exit Load | 0 |
Fund House: | IDFC Mutual Fund |
Launch Date: | 18-Jul-2018 |
Return Since Launch: | 7.10% |
Benchmark: | NIFTY Ultra Short Duration Debt |
Riskometer: | Low to Moderate |
Type: | Open-ended |
Assets: | ₹ 4,443 Cr (As on 31-Dec-2020) |
Expense: | 0.26% (As on 31-Dec-2020) |
Risk Grade: | Average |
Return Grade: | Average |
Plan | Record Date | Dividend (₹ / Unit) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Daily | 25-Jan-2021 | 0.0025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Weekly | 22-Jan-2021 | 0.0026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Monthly | 28-Dec-2020 | 0.0260 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Quarterly | 24-Dec-2020 | 0.0864 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend | 24-Mar-2020 | 0.8874 |
Fund News - 31-Jan-2019
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