
A very risk-conscious bet - even at the expense of shunning marginally-higher returns - IDFC's short-duration offering manages about Rs 10,000 crore of investor's money. Under the reins of Suyash Choudhary, the fund has steered clear of defaults and downgrades that have cratered debt funds since the IL&FS fiasco. Holding the safety-first banner, it broadly restricts itself to AAA-corporate and government securities. While this fund majorly sticks to an average maturity of around two years, in the last 12 months, the fund has started taking exposure to individual bonds with maturity over three years. Also, the fund doesn't shy away from taking concentrated bets, but only does so in very high-quality issuers whose chances of defaulting are extremely low. According to the recent (June 2022) fund update released by the AMC, the fund is currently operating a barbell portfolio as the fund ho
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