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Home>Mutual Funds>IDFC Mutual Fund>IDFC Banking & PSU Debt Fund Direct IDCW Daily

IDFC Banking & PSU Debt Fund Direct IDCW Daily

Debt
Banking and PSU
Low to Moderate Risk
8.68%
3Y annualised
+0.02% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 20 Jan 2022₹10.48
Min. SIP amount₹1,000
Rating4
Fund size₹18,236.22Cr

Returns and rankings

Category: Debt Banking and PSU
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.3%8.7%7.9%8.3%
Category average4.4%8.4%7.7%NA
Rank with in category732NA
Understand terms

Holdings (106)

NameSectorInstrumentAssets
FinancialDebenture6.1%
FinancialBonds/Deb5.5%
GOI
SovereignGOI Sec3.8%
FinancialDebenture3.5%
GOI
SovereignGOI Sec3.3%
ICICI Bank Ltd.
FinancialBonds2.9%
EnergyDebenture2.7%
EnergyDebenture2.3%
National Housing Bank
FinancialNCD1.9%
FinancialDebenture1.9%
See All

Pros and cons

Category: Debt Banking and PSU

Pros

3Y and 5Y annualised returns higher than category average
Higher alpha: 6.61 The fund has generated returns higher than benchmark - NIFTY Banking and PSU Debt TRI - in the last 3Y
Exit load is zero
Lower expense ratio: 0.31%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Cons

1Y annualised returns lower than category average by 0.18%

Expense ratio, exit load and tax

Expense ratio: 0.31%

Inclusive of GST

Exit load

Nil

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₹1,000

Fund management

Suyash Choudhary
Jul 2021 - Present
View details

Fund house & investment objective

Fund house contact details

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FAQs

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