|Risk||Low to Moderate|
|Min SIP Amount||₹100|
|NAV||₹10.71 (03 Mar 2021)|
|Fund Started||18 Jul 2018|
|Fund Size||₹4,645 Cr|
|Reserve Bank of India||Financial||T-Bills||21.5%|
|Bajaj Finance Ltd.||Financial||CP||5.4%|
|Reserve Bank of India||Financial||T-Bills||5.4%|
|National Bank For Agriculture & Rural Development||Financial||CP||4.3%|
|Reliance Industries Ltd.||Energy||CP||3.8%|
|Housing Development Finance Corpn. Ltd.||Financial||CP||3.2%|
|Kotak Mahindra Investments Ltd.||Financial||CP||3.1%|
|Reserve Bank of India||Financial||T-Bills||2.7%|
|Small Industries Devp. Bank of India Ltd.||Financial||Debenture||2.5%|
IDFC Ultra Short Term Fund Direct Dividend 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 Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹4,645 Cr and the Latest NAV as of 03 Mar 2021 is ₹10.71.
The IDFC Ultra Short Term Fund Direct Dividend is rated Low to Moderate 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.