Fund Performance
Lumpsum
SIP
4.81
as on 07 Dec 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,514 today.
NAV Performance
Fund Information
-
₹ 13.594
as on 07 Dec 2023 -
Regular - Growth
-
10 / 25
-
₹ 100
-
₹ 3,547 Cr.
as on 31 May 2023 -
0.43%
-
19 Jul 2018
-
CRISIL 10 Year Gilt Index
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IDFC Mutual Fund
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Highlights of this fund
IDFC Ultra Short Term Fund is an Open-ended Debt Fund. The fund belongs to Ultra Short 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 19 Jul 2018. 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 ₹ 13.594 as on 07 Dec 2023.
This fund has 5 years of track record. Since 31 Mar 2023 expense ratio of this fund is 0.43%. 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
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
List of Fund Managers of IDFC Ultra Short Term 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% | 0.62% | 4.53% | 6.41% | 7.24% | 5.96% | 6.29% | 6.81% | 7.81% | 7.14% | 6.68% | 6.12% | 5.84% | 6.68% |
| Category Average | 0.11% | 0.46% | 1.55% | 3.05% | 6.06% | 5.03% | 4.75% | 5.53% | 6.69% | 6.61% | 6.11% | 5.50% | 5.27% | 5.89% |
| IDFC Ultra Short Term Fund | 0.12%₹ 10,011 | 0.52%₹ 10,052 | 1.61%₹ 10,160 | 3.30%₹ 10,329 | 7.04%₹ 10,703 | 6.94%₹ 12,445 | 5.59%₹ 11,149 | 6.38%₹ 25,611 | 4.81%₹ 11,514 | 5.66%₹ 39,230 | 5.68%₹ 13,185 | 5.34%₹ 68,668 | - | - |
| HDFC Ultra Short Term Fund | 0.12%₹ 10,012 | 0.52%₹ 10,052 | 1.61%₹ 10,160 | 3.29%₹ 10,329 | 6.93%₹ 10,693 | 6.87%₹ 12,441 | 5.59%₹ 11,149 | 6.34%₹ 25,602 | 4.91%₹ 11,545 | 5.67%₹ 39,236 | 5.84%₹ 13,286 | 5.48%₹ 68,915 | - | - |
| ICICI Prudential Ultra Short Term Fund | 0.12%₹ 10,012 | 0.52%₹ 10,052 | 1.60%₹ 10,159 | 3.27%₹ 10,327 | 6.94%₹ 10,694 | 6.85%₹ 12,440 | 5.64%₹ 11,158 | 6.34%₹ 25,603 | 5.09%₹ 11,604 | 5.74%₹ 39,276 | 6.10%₹ 13,450 | 5.66%₹ 69,232 | 7.81%₹ 21,233 | 6.66%₹ 1,68,975 |
| Aditya Birla Sun Life Savings Fund | 0.13%₹ 10,013 | 0.54%₹ 10,053 | 1.65%₹ 10,164 | 3.41%₹ 10,340 | 7.17%₹ 10,717 | 7.11%₹ 12,456 | 5.85%₹ 11,204 | 6.57%₹ 25,661 | 5.20%₹ 11,643 | 5.94%₹ 39,394 | 6.28%₹ 13,563 | 5.84%₹ 69,536 | 7.39%₹ 20,406 | 6.68%₹ 1,69,188 |
| SBI Magnum Ultra Short Duration Fund | 0.12%₹ 10,011 | 0.54%₹ 10,054 | 1.61%₹ 10,161 | 3.32%₹ 10,331 | 7.00%₹ 10,700 | 6.91%₹ 12,443 | 5.59%₹ 11,148 | 6.35%₹ 25,605 | 4.84%₹ 11,521 | 5.66%₹ 39,229 | 5.74%₹ 13,218 | 5.39%₹ 68,756 | 6.81%₹ 19,340 | 6.17%₹ 1,64,754 |
| Kotak Savings Fund | 0.13%₹ 10,012 | 0.48%₹ 10,048 | 1.54%₹ 10,153 | 3.20%₹ 10,319 | 6.85%₹ 10,684 | 6.71%₹ 12,431 | 5.53%₹ 11,135 | 6.23%₹ 25,572 | 4.74%₹ 11,489 | 5.55%₹ 39,167 | 5.64%₹ 13,159 | 5.29%₹ 68,586 | 6.84%₹ 19,396 | 6.10%₹ 1,64,169 |
Portfolio Holdings
Top Debt Instrument Type holdings of IDFC Ultra Short Term Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| CD | 33.27% | ₹ 1,232.62 Cr. |
| NCD & Bonds | 31.85% | ₹ 1,179.90 Cr. |
| CP | 17.04% | ₹ 630.93 Cr. |
| T-Bills | 10.64% | ₹ 393.98 Cr. |
| GOI | 4.13% | ₹ 152.99 Cr. |
| Others | 3.07% | - |
Top Debt Holdings of IDFC Ultra Short Term Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - Housing Development Finance Corporation Ltd. | 11.82% | ₹ 437.53 Cr. |
| Bond - Axis Bank Ltd. | 11.15% | ₹ 413.20 Cr. |
| Bond - Bajaj Finance Ltd. | 11.09% | ₹ 410.73 Cr. |
| Bond - T-Bill | 10.64% | ₹ 393.98 Cr. |
| Bond - Kotak Mahindra Bank Ltd. | 10.43% | ₹ 386.52 Cr. |
| Others | 44.87% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| Net Receivables | 1.54% |
| TREPS | 1.52% |
| Margin | 0.01% |