Daktacort Hydrocortisone Cream is a medicine which is used to treat inflamed sweat rash or Athlete’s Foot. The cream contains the following ingredients: Hydrocortisone acetate is a mild ‘topical steroid’ which reduces inflammation, swelling, redness and itching of the skin. Miconazole nitrate is an antifungal which works by destroying both the fungus that causes the infection and some of the associated bacteria which may also be present.