IDFC Mutual Fund launches IDFC Ultra Short Term Fund

NFO period: 06^th July – 19^th July, 2018

Highlights of the NFO:

• Scheme type – 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


• Investment objective – 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. Disclaimer: There is no assurance or guarantee that the objectives of the scheme will be realised.


• Product suitability – This product is suitable for investors who are seeking to generate returns over short-term by investing horizon with a low risk strategy by investing in debt and money market instruments.


• Minimum Application Amount – First investment is Rs. 100/- and any amount thereafter


• Plan/ Options available – Regular Plan & Direct Plan having Dividend Option & Growth Option.


• Fund Managers – Mr. Harshal Joshi


• Benchmark – Crisil Liquid Fund Index