IDFC Ultra Short Term Fund
An open-ended ultra-short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 to 6 months. A scheme with relatively low interest rate risk and relatively low credit risk.
The Fund aims to invest in high quality debt and money market instruments with average maturity of 3 to 6 months and seeks to generate stable returns with a low risk strategy.
- Min Investment 100
- Min SIP Amount 100
- Exit Load
Nil
Scheme is suitable as 'Core' debt allocation and is recommended for a minimum investment horizon of 3 months
Tier 1 Benchmark : NIFTY Ultra Short Duration Debt Index A-I (w.e.f. 1st April 2022)Alternate Benchmark : CRISIL 1 Year T-Bill Index
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Performance as on 31st May 2022
| Scheme Names | CAGR Returns (%) | Current value of Investment of 10,000 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 1 year | 3 year | 5 year | 10 year | 19/07/2018 Since inception | 1 year | 3 year | 5 year | 10 year | 19/07/2018 Since inception | |
| IDFC Ultra Short Term Fund - Regular Plan - Growth | 3.17 | 4.83 | N.A. | N.A. | 5.63 | 10,317 | 11,521 | N.A. | N.A. | 12,362 |
| 3.56 | 4.90 | N.A. | N.A. | 5.66 | 10,356 | 11,544 | N.A. | N.A. | 12,376 | |
| 2.78 | 4.77 | 5.60 | 6.49 | 5.54 | 10,278 | 11,502 | 13,132 | 18,753 | 12,322 | |
| ^ Tier 1 Benchmark | ^^ Alternate Benchmark | ^^^ Tier 2 Benchmark | ||||||||||
This fund is managed by Harshal Joshi (w.e.f 18/07/2018)
View fund performance of other funds managed by Harshal Joshi
Past performance may or may not be sustained in future.
Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc.
Taxation:
For taxation, please refer the link : https://bit.ly/3a5CcbE
IDFC Ultra Short Term Fund
(Scheme Risk-o-meter)
NIFTY Ultra Short Duration Debt Index A-I (w.e.f. 1st April 2022)
(Tier 1 Benchmark Risk-o-meter)
This product is suitable for investors who are seeking* :
- To generate returns over short-term investment horizon with a low risk strategy
- To invest in debt and money market instruments