|Risk||Low to Moderate|
|Min SIP Amount||Not Supported|
|NAV||₹10.04 (06 May 2021)|
|Fund Started||18 Jul 2018|
|Fund Size||₹5,020 Cr|
|Axis Bank Ltd.||Financial||CD||5.9%|
|Reserve Bank of India||Financial||T-Bills||5.5%|
|Indian Oil Corpn. Ltd.||Energy||CP||5.0%|
|LIC Housing Finance Ltd.||Financial||CP||3.9%|
|Kotak Mahindra Investments Ltd.||Financial||CP||3.0%|
|Housing Development Finance Corpn. Ltd.||Financial||CP||3.0%|
|Kotak Mahindra Investments Ltd.||Financial||CP||2.9%|
|Reserve Bank of India||Financial||T-Bills||2.5%|
|Small Industries Devp. Bank of India Ltd.||Financial||Debenture||2.3%|
IDFC Ultra Short Term Fund Direct IDCW Monthly 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 IDCW Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹5,020 Cr and the Latest NAV as of 06 May 2021 is ₹10.04.
The IDFC Ultra Short Term Fund Direct IDCW Monthly is rated Low to Moderate risk.
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.