This Short Duration Fund, Ranked 1 By CRISIL, Has Given Good Return Since Its Inception

When it comes to investing, the period or duration of investment plays an important role for you because it acts as a guide for how sensitive a debt fund is to changes in interest rates. This short fund that we have highlighted here in this article is a top-ranked and rated mutual fund, particularly in the short duration category by the CRISIL, a Mutual Fund Rating Agency. Check out returns and portfolio here!

IDFC Bond Fund - Short Term - Direct Plan - Growth

As mentioned above, this is a short duration mutual fund launched on 14th December 2022 by the IDFC Mutual Fund. It is an open-ended medium-sized mutual fund of its category. Fund's Direct Plan-Growth scheme has worth Rs 12275. Crore Assets Under Management as of 28 February 2022. The Scheme's NAV or Net Asset Value declared on 05th April 2022 is 48.9979. The scheme's expense ratio is 0.3%, which is close to t its category average and what most other fund of its category charge. 

On the risk meter, it is not that risky, however, is a low to moderate risk. The scheme's performance is relatively good better than its peer funds. This fund is rated 5-star and also ranked 1 by the rating agency CRISIL. In addition, this fund is rated 3-star by Value Research. This fund is good for investment between 1 and 3 years as this fund is a short duration fund. The fund is managed by Mr Suyash Chaudhary since 11 March 2011. 

Absolute And Annualised Returns

Lump-sum Investment Returns

Since its inception, it has offered 8.21% average annual returns.

Investment Period	Absolute Returns	Annualised Returns
1 Year	4.37%	4.37%
2 Year	13.04%	6.30%
3 Year	23.76%	7.36%
5 Year	42.61%	7.35%
Since Inception	107.68%	8.21%

SIP Returns

SIP Period	Absolute Returns	Annualised Returns
1 Year	2.16%	4.04%
2 Year	4.90%	4.68%
3 Year	9.44%	5.95%
5 Year	19.46%	7.05%

Portfolio

The fund has a debt investment of 66.68 per cent, with 35.59 per cent in government securities and 31.09 per cent in funds investing in extremely low-risk securities.

The fund's credit profile is moderate, indicating that it has loaned to borrowers of high quality. Because the majority of funds in this category lend to stronger borrowers, the risk of default in this fund is higher than in the category.

The fund's biggest holdings include the Government of India, Housing Development Finance Corporation Ltd., Reliance Industries Ltd., Axis Bank Ltd., and Larsen & Toubro Ltd.

Disclaimer

Mutual fund investments are subject to market risk. Read all scheme-related documents, and Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.