|Min SIP Amount||₹100|
|NAV||₹11.70 (04 Aug 2020)|
|Fund Started||18 Jul 2018|
|Fund Size||₹5,768 Cr|
|National Bank For Agriculture & Rural Development||Financial||Debenture||10.7%|
|Reliance Industries Ltd.||Energy||Bonds/Deb||8.3%|
|Larsen & Toubro Ltd.||Construction||NCD||7.2%|
|Reserve Bank of India||Financial||T-Bills||4.3%|
|Reliance Jio Infocomm Ltd.||Communication||CP||3.4%|
|Housing Development Finance Corpn. Ltd.||Financial||Debenture||2.6%|
|Housing Development Finance Corpn. Ltd.||Financial||CP||2.5%|
|Reliance Industries Ltd.||Energy||Debenture||2.3%|
IDFC Ultra Short Term Fund Direct Growth is a Debt Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was made available to investors on 18 Jul 2018. Harshal Joshi is the Current Fund Manager of IDFC Ultra Short Term Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹5,768 Cr and the Latest NAV as of 04 Aug 2020 is ₹11.70.
The IDFC Ultra Short Term Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 100.
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.