IDFC Floating Rate Fund Satellite Bucket

An Open-ended Debt Scheme predominantly investing in floating rate instruments (including

fixed rate instruments converted to floating rate exposures using swaps/derivatives)
31st July 2021
FUND FEATURES PORTFOLIO

About the Fund: The Fund seeks to generate

Name Rating % of NAV
returns by creating a portfolio that is primarily Corporate Bond 34.12%
invested in floating rate instruments, including HDFC AAA 9.35%
fixed rate instruments swapped for floating returns REC AAA 7.22%
and other debt and money market instruments. Summit Digitel Infrastructure Private AAA 5.31%
Category: Floater Fund Sikka Ports and Terminals AAA 3.39%
Bharti Hexacom AA 2.68%
Monthly Avg AUM: ` 870.29 Crores Jamnagar Utilities & Power Private AAA 2.29%
Month end AUM: ` 930.41 Crores NABARD AAA 1.62%
Hindalco Industries AA+ 1.12%
Inception Date: 18 February 2021 Larsen & Toubro AAA 1.12%
Fund Manager: Mr. Suyash Choudhary (w.e.f. 28th Floating Rate Note 16.65%
July 2021), Mr. Arvind Subramanian & Mr. Anurag Axis Bank A1+ 9.14%
Mittal (w.e.f. 18th February 2021) Kotak Mahindra Bank A1+ 7.51%
Certificate of Deposit 12.68%
Other Parameter:
NABARD A1+ 7.37%
Modified Duration 0.68 years IndusInd Bank A1+ 3.75%
Axis Bank A1+ 1.57%
Average Maturity 1.07 years
Treasury Bill 5.83%
Macaulay Duration 0.71 years 182 Days Tbill - 2021 SOV 5.30%
Yield to Maturity 4.03%
364 Days Tbill - 2022 SOV 0.53%
Commercial Paper 5.25%
Total Expense Ratio UltraTech Cement A1+ 5.25%
Regular 0.75% Government Bond 4.26%
Direct 0.27% 2024 G-Sec FRB SOV 4.26%
Net Cash and Cash Equivalent 21.21%
Benchmark: Nifty Low Duration Debt Index Grand Total 100.00%
SIP (Minimum Amount): ` 1,000/- and in multiples
Portfolio has 36.54% exposure to Interest Rate Swaps
of Re.1 thereafter (minimum 6 installments)

SIP Frequency: Monthly

SIP Dates (Monthly): Investor may choose any

day of the month except 29th, 30th and 31st as Maturity Bucket Asset Quality
the date of instalment.
Investment Objective: Refer Pg No from 64 to 65 AA+ AA
1.12% 2.68%
Above 3 years 9.57
Minimum Investment Amount: Fresh Purchase
` 5,000/- and any amount thereafter

Option Available: Growth & IDCW@ Option – Daily, 1-3 years 22.13
Weekly, Monthly, Quarterly, Annual and Periodic
(each with Reinvestment, Payout and Sweep
facility) Upto 1 year 68.30
Exit Load: NIL
NAV (`) as on July 30, 2021 0 10 20 30 40 50 60 70 80 AAA Equivalent
96.20%
Plan Option Freq NAV % NAV
Regular Plan Growth - 10.1782
Regular Plan IDCW@ Daily 10.0258
Regular Plan IDCW@ Weekly 10.0306 Asset Allocation
Regular Plan IDCW@ Monthly 10.0264
Regular Plan IDCW@ Periodic 10.1778
Commercial Paper
Regular Plan IDCW@ Quarterly 10.0687 5.25% Government Bond
4.26%
Regular Plan IDCW@ Annual 10.1775 Treasury Bill
5.83%

Certificate of Corporate Bond

Deposit 34.12%
12.68%

Floating Rate
Note
16.65%

NCA
21.21%

Investors understand that their principal will

be at Low to Moderate risk

This product is suitable for investors who are

seeking*:
• To generate short-term optimal returns.
• To invest predominantly in floating rate
instruments.
*Investors should consult their financial advisers
if in doubt about whether the product is suitable
for them.
The scheme has been in existence for less than 1 year, hence performance has not been disclosed.Regular and Direct Plans
have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission
expenses etc.
For other funds managed by the fund manager, please refer page no. 52 - 55 & the respective fund pages
@
Income Distribution and Capital Withdrawal

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