| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.67% |
| NAV | ₹13.56 (23 Oct 2020) |
|---|---|
| Fund Started | 03 Mar 2014 |
| Fund Size | ₹38 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Punjab National Bank | Financial | Bonds | 39.1% |
| Tata Power Co. Ltd. | Energy | Debenture | 27.0% |
| Hindalco Industries Ltd. | Metals | Bonds/NCD | 21.0% |
| Axis Bank Ltd. | Financial | Bonds | 2.7% |
| Vedanta Ltd. | Metals | Debenture | 2.6% |
| Housing & Urban Development Corpn. Ltd. | Financial | Debenture | 1.4% |
| Power Finance Corpn. Ltd. | Financial | NCD | 1.4% |
| Dewan Housing Finance Corpn. Ltd. | Financial | Debenture | 0.0% |
| Yes Bank Ltd. | Financial | Bonds/NCD | 0.0% |
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 23 Oct 2020 is ₹13.56.
The IDBI Credit Risk Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 1%, if redeemed within one year.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.