Daktacort hydrocortisone cream. Daktacort is a medicine used in the treatment of athlete's foot and Candidal intertrigo. It contains two active ingredients: miconazole nitrate and hydrocortisone acetate. Miconazole nitrate kills fungi, yeasts and some bacteria. It works by preventing fungi from producing a substance called ergosterol, which is an essential component of fungal cell membranes. Hydrocortisone acetate is a type of medicine known as a corticosteroid (or steroid). It is used to reduce the swelling and itching of the skin by stopping the cells from producing inflammation-causing chemicals (such as prostaglandins) that are released in response to allergens or irritation.