• right-arrow
  • Mutual Funds
    right-arrow
  • IDFC Mutual Funds
    right-arrow
  • IDFC Low Duration Fund (Growth)

Formerly IDFC US/T Reg Gr

IDFC Mutual Funds

IDFC Low Duration Fund (Growth)

DebtLow Duration

Recommended

Top Ranked

30.8774

NAV (Oct 21)

6.6%
3 Year CAGR
Scripbox Opinion

Recommended

IDFC Low Duration Fund (Growth) is recommended for investment within low duration mutual funds.

Low duration funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.

Our analysis of this fundLearn how we rate funds ->

Track Record

15 Years. The fund has an Extended history for analysis and the track record is excellent.

Relative Size

8,526 Cr. Large within the category

Impact of Interest Rate Changes

Low Interest Rate Risk. The impact on fund value is quite low when interest rates change

Credit Quality Of Fund's Portfolio

Low Credit Risk. The fund has a high credit quality compared to other debt funds

Invest in this fund
Invest in this fund as part of a scientific Scripbox plan. Explore the plan below.
Short Term Money

Short Term Money

Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

  • graph-icon-gray
    Historical growth rate of 6.5% per annum
  • graph-icon-gray
    Recommended Duration 1 - 5 years
  • graph-icon-gray
    No Lock-in
  • graph-icon-gray
    Expert Investing Only, Car, Down Payment

No single fund can achieve what a plan can. Learn why

chart-amc-about

Historical NAV

30.8774

NAV (Oct 21)

Fund Returns

Last 1Y
3.7%
Last 3Y
6.6%
Last 5Y
6.7%
Last 10Y
8.1%
Since Inception
7.4%
6 Month CAGR
1.9%
info-icon-blue

Scheme Information

Investment Objective

The Scheme seeks to offer an investment avenue for short term savings by looking to generate returns commensurate 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 6 months and 12 months.

Low

Low to Moderate

Moderate

Moderately High

High

Very High

risk-indicator-arrow.svg

Low to Moderate Risk

Expense Ratio
0.52
Launched (15y ago)
Jan 17, 2006
AUM in Crores
8525.064
ISIN
INF194K01FU8
Lock-in
No Lock-in
Benchmark
NIFTY Low Duration Debt Index TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Fund Managers
user-avatar

Anurag Mittal

Fund Manager

calculator

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 9,65,796 ₹ 2,33,18411.25%
EPF70% ₹ 9,00,761 ₹ 1,68,1498.50%
Property70% ₹ 8,67,662 ₹ 1,35,0507.00%
PPF70% ₹ 8,69,819 ₹ 1,37,2077.10%
Bank FD70% ₹ 8,46,471 ₹ 1,13,8596.00%
Gold70% ₹ 8,46,471 ₹ 1,13,8596.00%
Savings Bank70% ₹ 8,25,950 ₹ 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

build-long-item-wealth-img

Short Term Money

Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

  • Inflation beating returns
    Inflation beating returns
  • Expert Investing Only, Car, Down Payment
    Expert Investing Only, Car, Down Payment
  • One click investing  tracking
    One click investing tracking
comparison

Comparison with Debt Funds

Fund NameScripbox OpinionFund SizeTrack Record

Kotak Savings Fund (G)

recommended-badge

₹ 13,509 cr

5

recommended-badge

₹ 33,192 cr

5

recommended-badge

₹ 11,590 cr

5

recommended-badge

₹ 33,722 cr

5

recommended-badge

₹ 22,849 cr

5

amc-icon

About the AMC

IDFC Asset Management Company Limited

IDFC Asset Management Company Limited manages assets worth 130,443 crores and was set up on 20 December 1999. It's current offering of mutual fund schemes includes 33 equity,199 debt and 32 hybrid funds.

amc-img

  • tel-amc-about
    022-66289999
  • mail-amc-about
    investormf@idfc.com
  • Fund NameScripbox Opinion
    Till Date CAGR
    recommended-badge

    6.6%

    7.4%

    top-ranked-badge

    5.3%

    5.7%

    top-ranked-badge

    5.5%

    5.1%

    top-ranked-badge

    5.3%

    5%

    top-ranked-badge

    -0.3%

    4.8%

    growth

    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • graph-icon-gray
      Historical growth rate of 6.5% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Expert Investing Only, Car, Down Payment
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Kotak Savings Fund (Growth)

    Kotak Savings Fund (Growth)

    Debt

    Ultra Short

    ICICI Prudential Savings Fund (Growth)

    ICICI Prudential Savings Fund (Growth)

    Debt

    Low Duration

    Tata Liquid Fund (Growth)

    Tata Liquid Fund (Growth)

    Debt

    Liquid

    How does Scripbox rate funds?

    Proprietary 4-step system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Sub-asset Class View

    Sub-asset Class View

    We check if the sub-category of the fund is recommended by us.

    Fund Performance

    Fund Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Impact of Interest Rates

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Attractiveness

    Credit Attractiveness

    We check the credit quality of the underlying instruments present in the fund. Higher the better.

    Equity Funds

    Debt Funds

    How to invest in best mutual funds?

    Investing through Scripbox is made easy and paperless. All you need to do is follow the below steps and start investing.

    01

    Choose a plan

    Choose a plan to invest to start investing

    02

    Create an Account

    Create an account with Scripbox through a paperless process, to invest in this fund.

    03

    Invest online & transfer

    Invest via netbanking, UPI or through an SIP (eNACH mandate).

    04

    Track your investments

    Track, invest more and withdraw your investments through the Scripbox dashboard

    TRUST

    1. 4100+Crores
    2. 2500+Cities
    3. 7200+Customers
    We manage to deliver better strategies to people who trust us.

    We thrive on trust. You don’t need to just take our word for it! Get started with your wealth creation without worry.

    testimonial image
    Investing has helped me dream bigger for my life
    Dr. Shraddha BahirwaniSr. Dental Consultant

    IDFC Low Duration Fund-Growth is an open-ended low-duration debt mutual fund scheme provided by IDFC Mutual Fund. It predominantly invests in high quality debt and money market instruments. The scheme aims to generate a relatively stable return on investment at par with inflation with a lower risk strategy. Earlier, the fund was known as IDFC US/T Reg Gr. It aims to outperform the benchmark with risk lower than the benchmark. The fund is managed by IDFC Asset Management Company Limited. Mr. Anurag Mittal manages the fund managers.

    IDFC Low Duration  Fund-Growth Investment Objective

    The investment objective of the Scheme is to generate relatively stable returns with a low risk strategy. The Scheme seeks to offer an investment avenue for short term savings by looking to generate returns commensurate 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 6 months and 12 months. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved. The fund invests around 88% of its assets in debt instruments. Within this debt investment, its investment in government securities is 10.50% while it invests the remaining 77.50% in very low-risk securities.

    IDFC Low Duration  Fund-Growth Scheme Details

    On 17th January 2006, IDFC Mutual Fund had launched the scheme. The scheme has been in existence for the past 15 years. Since inception, it continues to provide consistent growth of investment at par with inflation over the investment duration.

    NAV and Returns – As of 23rd June 2021, the NAV of the fund is Rs 30.52. The fund’s risk-o-meter is low to moderate risk. Hence, the investor investing in the fund must recognize that their principal investment is at a low to moderate risk. Since its inception, the fund has delivered a return of 7.50% on investment.

    Minimum Investment – The fund has a minimum SIP investment requirement of Rs 1000 and a minimum lump sum investment of Rs 5000

    Expense Ratio and Exit Load – The funds charges an expense ratio of 0.51%. Here, the expense ratio is close to the expense ratio charged by other AMCs for funds under the similar category. No exit load is charged on the redemption of the units of the fund.

    Fund Manager – Currently, Mr. Anurag Mittal is managing the fund. Mr. Anurag Mittalis Associate Director – Fund Management at IDFC Asset Management Company Limited. He has been co-managing the fund since 9th November 2015. Mr. Mittal has experience of over 10 years in fund management and research. 

    Other Details – No lock-in period for the scheme, you can redeem any amount of investment anytime. The AUM of IDFC Low Duration  Fund as of 23rd June 2021 is Rs 9,575 cr. The fund benchmarks to NIFTY Low Duration Debt Index TR INR.

    1 Year Return4.60 %
    3 Years Return7.10 %
    5 Years Return7.10 %
    10 Years Return8.30 %
    Returns Updated as of 23rd June 2021

    IDFC Low Duration  Fund-Growth Top Stock Holdings

    The IDFC Low Duration Fund-Growth has invested its assets majorly in the debt instruments of the following companies:

    CompanyPercentage of Holding (As of 23rd June 2021)
    Triparty Repo10.80%
    8.79% Govt Securities 20214.60%
    Indian Oil Corporation Limited4.20%
    Export-Import Bank of India3.60%
    Axis Bank Limited2.90%
    National Bank for Agriculture and Rural Development2.80%

    Asset Allocation of IDFC Low Duration  Fund-Growth

    The IDFC Low Duration  Fund-Growth has invested in the following debt instruments:

    SectorPercentage of Holding (As of 23rd June 2021)
    Corporate Bond33.24%
    Commercial Paper28.36%
    Certificate of Deposit13.79%
    NCA11.99%
    Government Bond8.90%
    State Government Bond1.27%
    Zero Coupon Bond1.14%
    Floating Rate Note1.05%
    Treasury Bills0.26%

    IDFC Low Duration  Fund-Growth Review

    IDFC Low Duration Fund-Growth is recommended by Scripbox for investment within low duration mutual funds. Low duration funds provide relative safety of capital amount invested. It also provides growth of principal at par with inflation over the investment duration. 

    1. These funds are suitable for investors who seek short-term optimal returns with relative stability and investment for 1-5 years or longer.
    2. The fund has an extended history of 15 years for analysis. Moreover, the track record is excellent.
    3. With an AUM or relative size of Rs 9,575 cr, the relative size of the fund is large in comparison to other similar funds in the low duration fund category.
    4. The scheme has performed well consistently over a period of time outperforming its benchmark.
    5. The impact of interest rate changes on fund value is quite low in comparison to other similar funds. 
    6. The fund has a high credit quality compared to other low duration debt funds in the same category. Moreover, the asset quality is AAA equivalent. This indicates that it has lent to borrowers whose credit quality is good. With better borrowers, it ensures a low default risk or credit risk. 

    How Scripbox Algorithmically Selects Mutual Funds?

    Scripbox uses time-tested principles, historical data, and valid assumptions about asset classes. We combine them with a rigorous process to finalize which asset classes make the most sense for specific types of objectives, considering the time needed to achieve them.

    Once we select an asset class, our algorithm goes to work to select the best financial products.

    The algorithm scores financial products on multiple parameters, giving relevant weights to each of the listed parameters, such as:

    • Track record of the product – how long has it been around?
    • Assets under management – how big is it – for example, the size of a mutual fund
    • Liquidity – how easy is it to move in or out of the product?
    • Consistency of performance – how much have the returns fluctuated?
    • The risk associated with the product – what risks impact the product?
    • Quality of underlying assets – we assess how risky the underlying assets are – for example, by considering bond ratings in the case of debt funds

    With such a scientific and detailed approach Scripbox ensures:

    • Bias free product selection – commissions don’t sway our decisions
    • Minimal human intervention and thus minimal impact of emotions and behavioral biases
    • Consideration of the maximum number of factors that can impact an investment product
    • Application of logic to investment product selection 

    Our investment product selection science helps us help you, without biases clouding the evaluation.

    Get started with investing today

    Invest in the best mutual funds recommended by Scripbox that are algorithmically selected that best suit your needs.