Fund Performance
Lumpsum
SIP
4.66
as on 22 Sep 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,465 today.
NAV Performance
Fund Information
-
₹ 33.963
as on 22 Sep 2023 -
Regular - Growth
-
5 / 23
-
₹ 100
-
₹ 5,339 Cr.
as on 31 May 2023 -
0.57%
-
17 Jan 2006
-
CRISIL 10 Year Gilt Index
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IDFC Mutual Fund
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Highlights of this fund
IDFC Low Duration Fund is an Open-ended Debt Fund. The fund belongs to Low Duration Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 17 Jan 2006. This fund is offered by one of the top AMC (Assets Management Company) IDFC Mutual Fund. You can also view here all other Debt funds offered by IDFC Mutual Fund.
Latest NAV of the fund is ₹ 33.963 as on 22 Sep 2023.
This fund has 17 years of track record. Since 31 Mar 2023 expense ratio of this fund is 0.57%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.
You can invest in this fund in SIP with the minimum investment of ₹ 100. Lumpsum invest is offered with minimum investment of ₹ 100.
Fund Objective
The Scheme seeks 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.
List of Fund Managers of IDFC Low Duration Fund
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About Harshal Joshi
Mr. Harshal Joshi is Associate Vice President - Fund Management at IDFC Asset Management Company Limited. Mr. Joshi has experience spanning of over 9 years in Mutual Fund. He has been associated with IDFC AMC since December’2008 with Fixed Income Investment team. Prior to the same he was associated with ICAP India Pvt. Ltd. (2006 to 2007). He holds a PGDBM (N.L.Dalmia Institute of Management Studies and Research) and Masters Degree in Commerce
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Moderately Low Risk
Fund Return Comparison
| Fund Name | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 0.14% | 0.70% | 2.12% | 10.19% | 11.79% | 14.47% | 6.71% | 6.76% | 7.60% | 8.09% | 6.85% | 6.76% | 6.23% | 6.95% |
| Category Average | 0.11% | 0.53% | 1.54% | 3.75% | 6.23% | 5.12% | 3.93% | 5.07% | 6.50% | 6.99% | 5.95% | 5.35% | 5.37% | 6.01% |
| IDFC Low Duration Fund | 0.10%₹ 10,010 | 0.54%₹ 10,054 | 1.60%₹ 10,159 | 3.63%₹ 10,362 | 6.84%₹ 10,683 | 6.96%₹ 12,447 | 4.97%₹ 11,019 | 5.93%₹ 25,498 | 4.66%₹ 11,465 | 5.26%₹ 39,001 | 6.05%₹ 13,419 | 5.41%₹ 68,806 | 7.17%₹ 20,001 | 6.37%₹ 1,66,502 |
| ICICI Prudential Savings Fund | 0.13%₹ 10,012 | 0.70%₹ 10,070 | 2.12%₹ 10,211 | 4.32%₹ 10,432 | 7.59%₹ 10,758 | 8.09%₹ 12,519 | 5.47%₹ 11,124 | 6.85%₹ 25,733 | 5.47%₹ 11,733 | 6.04%₹ 39,459 | 6.76%₹ 13,873 | 6.23%₹ 70,226 | 7.60%₹ 20,819 | 6.95%₹ 1,71,645 |
| HDFC Low Duration Fund | 0.11%₹ 10,011 | 0.64%₹ 10,063 | 1.87%₹ 10,187 | 3.97%₹ 10,397 | 6.95%₹ 10,694 | 7.40%₹ 12,475 | 5.12%₹ 11,050 | 6.21%₹ 25,569 | 5.10%₹ 11,607 | 5.53%₹ 39,155 | 6.29%₹ 13,572 | 5.76%₹ 69,415 | 6.94%₹ 19,571 | 6.40%₹ 1,66,729 |
| Axis Treasury Advantage Fund | 0.10%₹ 10,010 | 0.59%₹ 10,059 | 1.65%₹ 10,165 | 3.77%₹ 10,376 | 6.89%₹ 10,688 | 7.11%₹ 12,457 | 5.23%₹ 11,074 | 6.14%₹ 25,552 | 4.96%₹ 11,562 | 5.51%₹ 39,143 | 6.36%₹ 13,616 | 5.71%₹ 69,320 | 7.15%₹ 19,961 | 6.52%₹ 1,67,744 |
| Aditya Birla Sun Life Low Duration Fund | 0.11%₹ 10,011 | 0.56%₹ 10,055 | 1.60%₹ 10,160 | 3.64%₹ 10,363 | 6.58%₹ 10,658 | 6.82%₹ 12,438 | 5.00%₹ 11,025 | 5.90%₹ 25,491 | 4.80%₹ 11,511 | 5.30%₹ 39,020 | 6.21%₹ 13,520 | 5.57%₹ 69,073 | 7.04%₹ 19,762 | 6.38%₹ 1,66,569 |
| Kotak Low Duration Fund Standard | 0.13%₹ 10,013 | 0.58%₹ 10,057 | 1.67%₹ 10,166 | 3.65%₹ 10,364 | 6.69%₹ 10,668 | 6.92%₹ 12,445 | 4.81%₹ 10,984 | 5.86%₹ 25,479 | 4.69%₹ 11,474 | 5.20%₹ 38,966 | 6.19%₹ 13,504 | 5.52%₹ 68,994 | - | - |
Portfolio Holdings
Top Debt Instrument Type holdings of IDFC Low Duration Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| NCD & Bonds | 29.73% | ₹ 1,606.05 Cr. |
| CD | 26.55% | ₹ 1,433.26 Cr. |
| GOI | 23.85% | ₹ 1,287.55 Cr. |
| CP | 17.83% | ₹ 962.17 Cr. |
| Others | 2.04% | - |
Top Debt Holdings of IDFC Low Duration Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - Govt of India | 23.85% | ₹ 1,287.55 Cr. |
| Bond - Housing Development Finance Corporation Ltd. | 11.48% | ₹ 619.37 Cr. |
| Bond - Axis Bank Ltd. | 9.35% | ₹ 504.85 Cr. |
| Bond - National Bank for Agriculture & Rural Development | 8.62% | ₹ 465.49 Cr. |
| Bond - Kotak Mahindra Prime Ltd. | 8.35% | ₹ 451.05 Cr. |
| Others | 38.35% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 1.31% |
| Net Receivables | 0.52% |
| Margin | 0.21% |