IDBI Credit Risk Fund Direct Growth

Debt
Credit Risk
Moderately High Risk
10.56%
3Y annualised
+0.08% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 31 Mar 2023₹17.14
Min. SIP amount₹500
Rating3
Fund size₹22.81Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Debt Credit Risk
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.5%10.6%3.6%6.1%
Category average4.4%6.9%3.9%NA
Rank with in category14213NA
Understand terms

Holdings (8)

NameSectorInstrumentAssets
JSW Steel Ltd.Metals & MiningDebenture15.3%
Tata Motors Ltd.AutomobileDebenture14.7%
Godrej Industries Ltd.
DiversifiedDebenture12.8%
Udaipur Cement Works Ltd.ConstructionDebenture11.0%
GOISovereignGOI Sec10.9%
Steel Authority Of India Ltd.Metals & MiningBonds10.7%
REC Ltd.
FinancialNCD8.8%
Piramal Capital & Housing Finance Ltd.FinancialDebenture8.7%

Pros and cons

Category: Debt Credit Risk

Pros

Cons

Consistently higher annualised returns than category average for the past 1Y and 3Y
Lower alpha: -14.2 The fund has generated returns lower than benchmark - NIFTY Credit Risk Bond Index C-III - in the last 3Y
Lower expense ratio: 0.62%
5Y annualised returns lower than category average by 0.3%

Expense ratio, exit load and tax

Expense ratio: 0.62%

Inclusive of GST

Exit load

Exit load of 1% if units in excess of 10% are redeemed within 12 months

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Fund management

Raju Sharma
Sep 2022 - Present
View details

Education
Mr. Sharma is a Commerce Graduate and holds a degree of CA and LLB.
Experience
Prior to joining IDBI Mutual Fund, he has worked with Tata Mutual Fund, Indiabulls Mutual Fund, JM Morgan Stanley and DHFL.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
4th Floor, IDBI Tower,WTC Complex, Cuffe Parade,Colaba, Mumbai 400005
Phone
022-66442800 / 1800-419-4324
Launch Date
29 Mar 2010
Website
NA
IDBI Mutual Fund
Asset Management Company
Custodian
SBI SG Global Securities Services Pvt.Ltd.
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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