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  • IDFC Mutual Funds
  • IDFC Low Duration Fund (Growth)

Formerly IDFC US/T Reg Gr

IDFC Mutual Funds

IDFC Low Duration Fund (Growth)

DebtLow Duration

Top Ranked

31.2844

NAV (May 19)

5.4%
3 Year CAGR
Scripbox Opinion

Top Ranked

These are the top-ranked funds within low duration mutual funds.However, Scripbox does not recommend investing in low duration mutual funds.

Our analysis of this fundLearn how we rate funds ->

Track Record

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

Relative Size

6,487 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

Moderate Credit Risk. The fund has a moderate credit quality compared to other debt funds

Scripbox Recommended Debt Funds

Want the ultra short term debt funds that are right for your short term investment needs?

Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

31.2844

NAV (May 19)

Fund Returns

Last 1Y

2.8%

Last 3Y

5.4%

Last 5Y

6.1%

Last 10Y

7.6%

Since Inception

7.2%

6 Month CAGR

1.1%

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.

Expense Ratio

0.55

Launched (16y ago)

Jan 17, 2006

AUM in Crores

6486.109

ISIN

INF194K01FU8

Lock-in

No Lock-in

Benchmark

NIFTY Low Duration Debt Index TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Fund Managers

Harshal Joshi

Fund Manager

Anurag Mittal

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 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.

Asset allocation and Holdings

Last updated on 2022-05-19

Top Debt Holdings

5.63% govt stock 2026

12.1%
12.1%

triparty repo

10.5%
10.5%

hdfc bank limited

7.6%
7.6%

indian bank

4.6%
4.6%

reliance industries limited

4%
4%
See all holdings
allocation by market cap

Comparison with Debt Funds

Fund NameScripbox OpinionFund SizeTrack Record
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 39,901 cr

5

₹ 16,108 cr

5

₹ 13,070 cr

5

₹ 15,495 cr

5

₹ 39,901 cr

5

About the AMC

IDFC Asset Management Company Limited

IDFC Asset Management Company Limited manages assets worth 123,112 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

  • 022-66289999
  • investormf@idfc.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    6.9%

    7.8%

    6.1%

    8%

    12.4%

    10.5%

    7.8%

    8.6%

    7.2%

    6.5%

    Investment Calculator

    Investment Duration5 years

    0

    Total Investment

    0

    Wealth Gained

    0

    Total Corpus Created (₹)

    With CAGR of 11.25 % in 5 years

    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. 

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