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IDBI Credit Risk Fund Direct IDCW Quarterly-0.01%

10.95%
1 Year Return
Debt
Credit Risk
2.0star
6M
1Y
3Y
5Y
All

Fund Details

IDBI Credit Risk Fund Direct IDCW Quarterly

RiskModerately High
Min SIP Amount₹500
Expense Ratio0.62%
NAV₹9.72 (15 Jun 2021)
Fund Started03 Mar 2014
Fund Size38 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
10.9%
-0.3%
2.7%
4.9%
Category Average
4.1%
1.3%
3.6%
-
Rank Within Category
7
14
13
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 10.9% returns per annum

Comparison

Data not available
Pros
1. 1Y Returns are higher than the category average returns
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. 3Y Returns are lower than the category average returns
3. 5Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
Punjab National BankFinancial39.4%
Reserve Bank of IndiaFinancialT-Bills10.4%
Godrej Properties Ltd.ConstructionZCB9.3%
Power Finance Corpn. Ltd.FinancialNCD8.6%
Hindalco Industries Ltd.MetalsBonds/NCD8.4%
Tata Power Co. Ltd.EnergyDebenture8.2%
REC Ltd.FinancialNCD7.8%
Axis Bank Ltd.Financial2.7%
Chennai Petroleum Corpn. Ltd.EnergyNCD1.0%

IDBI Credit Risk Fund Direct IDCW Quarterly Details

IDBI Credit Risk Fund Direct IDCW Quarterly 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 IDCW Quarterly fund.The fund currently has an Asset Under Management(AUM) of ₹38 Cr and the Latest NAV as of 15 Jun 2021 is ₹9.72.

The IDBI Credit Risk Fund Direct IDCW Quarterly 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.

Scheme Information Document(SID)

₹5000
Min for First Investment
₹1000
Min for Second Investment
Exit load of 1% if units in excess of 10% are redeemed within 12 months
Exit Load

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About IDBI Mutual Fund

Address
5th floor, Mafatlal Centre, Nariman Point Mumbai 400021
Phone
022-6644 2800
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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