Fund Details
IDBI Credit Risk Fund Direct Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.62% |
| NAV | ₹14.01 (09 Apr 2021) |
|---|---|
| Fund Started | 03 Mar 2014 |
| Fund Size | ₹38 Cr |
Returns
Comparison
Found nothing so far.
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. 1Y Returns are lower than the category average returns
3. 3Y Returns are lower than the category average returns
4. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Punjab National Bank | Financial | AT1 Bond | 40.0% |
| Godrej Properties Ltd. | Construction | ZCB | 9.1% |
| Power Finance Corpn. Ltd. | Financial | NCD | 8.3% |
| Hindalco Industries Ltd. | Metals | Bonds/NCD | 8.2% |
| Tata Power Co. Ltd. | Energy | Debenture | 8.1% |
| REC Ltd. | Financial | NCD | 7.6% |
| Axis Bank Ltd. | Financial | AT1 Bond | 2.7% |
| Vedanta Ltd. | Metals | Debenture | 2.6% |
| Chennai Petroleum Corpn. Ltd. | Energy | NCD | 1.0% |
| Dewan Housing Finance Corpn. Ltd. | Financial | Debenture | 0.0% |
Fund Managers
IDBI Credit Risk Fund Direct Growth Details
IDBI Credit Risk Fund Direct Growth is a Debt Mutual Fund Scheme launched by IDBI Mutual Fund. This scheme was made available to investors on 03 Mar 2014. Bupesh Kalyani is the Current Fund Manager of IDBI Credit Risk Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹38 Cr and the Latest NAV as of 09 Apr 2021 is ₹14.01.
The IDBI Credit Risk Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if units in excess of 10% are redeemed within 12 months
Investment Objective
The Scheme seeks to generate regular income and opportunities for capital appreciation by investing predominantly in AA and below rated corporate bonds across maturity spectrum.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
