Short Duration Fund - An open ended short term debt scheme investing in debt & money market instruments such that the Macaulay duration of the portfolio is between 1 year and 3 years. A moderate interest rate risk and moderate credit risk.
(as on March 31, 2023)
SCHEME OBJECTIVE | To generate returns by investing in a wide range of debt securities and money market instruments of various maturities and risk profile. However, there is no assurance that the objective of the Fund will be realised. |
DATE OF ALLOTMENT | 25 April, 2011 |
BENCHMARK | CRISIL Short Duration Fund BII Index |
FUND MANAGER | 1) Ms. Suman Prasad 2) Mr. Avnish Jain |
TOTAL EXPERIENCE | 1) 24 Years 2) 27 Years |
MANAGING THIS FUND | 1) Since 16-Sep-12 2) Since 18-July-22 |
ASSET ALLOCATION | Debt and Money Market instruments- 0% to 100% (Risk- Low to Medium) Reits / Invits- 0% to 10% (Risk- Medium to High) |
MINIMUM INVESTMENT | ₹ 5000 and in multiples of ₹ 1 thereafter Subsequent purchases: Minimum amount of ₹ 1000 and multiples of ₹ 1 thereafter SIP: For Any date/monthly frequency – ₹ 1000 and in multiples of ₹ 1 thereafter For quarterly frequency – ₹ 2000 and in multiples of ₹ 1 thereafter STP: For Daily/Weekly/Monthly frequency – ₹ 1000 and in multiples of ₹ 1 thereafter For quarterly frequency – ₹ 2000 and in multiples of ₹ 1 thereafter SWP: For monthly frequency – ₹ 1000 and in multiples of ₹ 1 thereafter For quarterly frequency – ₹ 2000 and in multiples of ₹ 1 thereafter |
PLANS / OPTIONS | Regular Plan - Monthly Payout of Income Distribution cum Capital Withdrawal Option Regular Plan - Monthly Reinvestment of Income Distribution cum Capital Withdrawal Option Regular Plan - Quarterly Payout of Income Distribution cum Capital Withdrawal Option Regular Plan - Quarterly Reinvestment of Income Distribution cum Capital Withdrawal Option Regular Plan - Growth Option Direct Plan - Monthly Payout of Income Distribution cum Capital Withdrawal Option Direct Plan - Monthly Reinvestment of Income Distribution cum Capital Withdrawal Option Direct Plan - Quarterly Payout of Income Distribution cum Capital Withdrawal Option Direct Plan - Quarterly Reinvestment of Income Distribution cum Capital Withdrawal Option Direct Plan - Growth Option |
ENTRY LOAD | Nil |
EXIT LOAD | Nil |
EXPENSE RATIO^: |
Regular Plan : 1.03% Direct Plan : 0.47% |
Monthend AUM# | ₹ 508.69 Crores |
Monthly AVG AUM | ₹ 510.99 Crores |
(as on March 31, 2023) | (₹) |
Direct Plan - Growth Option | 23.3725 |
Regular Plan - Growth Option | 21.7165 |
Direct Plan - Monthly IDCW (payout/reinvestment) | 16.8385 |
Regular Plan - Monthly IDCW (payout/reinvestment) | 14.9896 |
Regular Plan - Quarterly IDCW (payout/reinvestment) | 14.9179 |
Direct Plan - Quarterly IDCW (payout/reinvestment) | 16.3694 |
Annualised Portfolio YTM | 7.51% |
Modified Duration | 1.35 Years |
Residual Maturity | 1.62 Years |
Macaulay Duration | 1.46 Years |
Name of the Instruments |
RATING |
% to NAV |
Money Market Instruments |
21.56 |
|
Kotak Mahindra Bank Ltd |
A1+(CRISIL) |
4.76 |
Reliance Jio Infocomm Ltd |
A1+(CARE) |
4.74 |
Axis Bank Ltd |
A1+(CRISIL) |
4.61 |
Indian Bank |
A1+(CRISIL) |
4.59 |
ICICI Bank Ltd |
A1+(ICRA) |
2.86 |
Debt Instruments |
40.80 |
|
Housing Development Finance Corporation Ltd |
AAA(CRISIL) |
4.92 |
NTPC Ltd |
AAA(CRISIL) |
4.91 |
National Housing Bank |
AAA(CRISIL) |
4.87 |
Bajaj Housing Finance Ltd |
AAA(CRISIL) |
4.83 |
Kotak Mahindra Prime Ltd |
AAA(CRISIL) |
4.82 |
Bajaj Finance Ltd |
AAA(CRISIL) |
4.78 |
Power Finance Corporation Ltd |
AAA(CRISIL) |
3.90 |
LIC Housing Finance Ltd |
AAA(CRISIL) |
2.92 |
HDB Financial Services Ltd |
AAA(CRISIL) |
2.89 |
Power Finance Corporation Ltd |
AAA(CRISIL) |
1.96 |
Government Securities |
23.32 |
|
5.63% GOI 2026 (12-APR-2026) |
Sovereign |
9.43 |
7.38% GOI 2027 (20-JUN-2027) |
Sovereign |
4.95 |
7.59% GOI 2026 (11-JAN-2026) |
Sovereign |
3.97 |
7.26% GOI 2033 (06-FEB-2033) |
Sovereign |
3.92 |
7.58% TAMIL NADU SDL 24-AUG-26 |
Sovereign |
0.99 |
7.86% KARNATAKA SDL 15-MAR-27 |
Sovereign |
0.06 |
TREPS |
6.72 |
|
Treasury Bills |
5.12 |
|
Other Current Assets |
2.48 |
|
Grand Total ( Net Asset) |
100.00 |
% Allocation |
|
Net Current Assets |
2.49% |
0 to 3 Months | 11.63% |
3 to 6 Months | 12.49% |
6 to 12 Months | 31.60% |
1 -2 years | 14.58% |
Greater Than 2 Years | 27.21% |
This product is suitable for investors who are seeking*: | |
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*Investors should consult their financial advisers if in doubt about whether the product is suitable for them. |
$ Source ICRA MFI Explorer | #Monthend AUM / Quantitative Information as on 31.03.2023 | ^The expense ratios mentioned for the schemes includes GST on investment management fees. Please click here for disclaimers.