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IDBI Credit Risk Fund Direct Growth

Debt
Credit Risk
Moderately High Risk
4.11%
3Y annualised
+0.15% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 04 Jul 2022₹16.31
Min. SIP amount₹500
Rating2
Fund size₹32.10Cr

Returns and rankings

Category: Debt Credit Risk
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns14.3%4.1%3.8%6.0%
Category average7.9%1.7%3.6%NA
Rank with in category31312NA
Understand terms

Holdings (11)

NameSectorInstrumentAssets
GOI
SovereignGOI Sec17.6%
JSW Steel Ltd.Metals & MiningDebenture10.9%
Godrej Properties Ltd.ConstructionZCB10.8%
Tata Motors Ltd.AutomobileDebenture10.6%
Tata Power Company Ltd.EnergyDebenture9.3%
Godrej Industries Ltd.
DiversifiedDebenture9.1%
Steel Authority Of India Ltd.Metals & MiningBonds7.7%
REC Ltd.
FinancialNCD6.2%
Piramal Capital & Housing Finance Ltd.FinancialDebenture6.2%
Axis Bank Ltd.FinancialAdditional Tier 1 Bo3.0%
See All

Pros and cons

Category: Debt Credit Risk

Pros

Cons

1Y category rank: 3
Lower AUM: 32Cr. Funds with lower AUM tend to have higher expense ratio
Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Lower alpha: -10.1 The fund has generated returns lower than benchmark - NIFTY Credit Risk Bond Index C-III - in the last 3Y
Lower expense ratio: 0.62%
Low rating: 2

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 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
Amc Image
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,

Compare funds

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FAQs

How to Invest in IDBI Credit Risk Fund Direct Growth?

You can easily invest in IDBI Credit Risk Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for IDBI Credit Risk Fund Direct Growth from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in IDBI Credit Risk Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does IDBI Credit Risk Fund Direct Growth provide?

The IDBI Credit Risk Fund Direct Growth has been there from 03 Mar 2014 and the average annual returns provided by this fund is 14.26% since its inception.

How much expense ratio is charged by IDBI Credit Risk Fund Direct Growth?

The term Expense Ratio used for IDBI Credit Risk Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of IDBI Credit Risk Fund Direct Growth is 0.62% as of 05 Jul 2022...

What is the AUM of IDBI Credit Risk Fund Direct Growth?

The AUM, short for Assets Under Management of IDBI Credit Risk Fund Direct Growth is ₹32.10Cr as of 05 Jul 2022.

How to Redeem IDBI Credit Risk Fund Direct Growth?

If you want to sell your IDBI Credit Risk Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of IDBI Credit Risk Fund Direct Growth?

You can select either SIP or Lumpsum investment of IDBI Credit Risk Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of IDBI Credit Risk Fund Direct Growth?

The NAV of IDBI Credit Risk Fund Direct Growth is ₹16.31 as of 04 Jul 2022.

What is the PE and PB ratio of IDBI Credit Risk Fund Direct Growth?

The PE ratio ratio of IDBI Credit Risk Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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