| NAV: 24 Jun 2022 | ₹10.73 |
| Min. SIP amount | ₹1,000 |
| Rating | 5 |
| Fund size | ₹16,606.83Cr |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 3.1% | 7.2% | 7.5% | 8.0% |
| Category average | 4.4% | 8.4% | 7.7% | NA |
| Rank with in category | 7 | 3 | 2 | NA |
Holdings (102)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| National Bank For Agriculture & Rural Development | Financial | Debenture | 6.6% |
| Axis Bank Ltd. | Financial | Bonds/Deb | 5.8% |
Bank Of Baroda | Financial | CD | 4.3% |
| Indian Railway Finance Corporation Ltd. | Financial | Debenture | 3.7% |
GOI | Sovereign | GOI Sec | 3.1% |
GOI | Sovereign | GOI Sec | 2.5% |
| Hindustan Petroleum Corporation Ltd. | Energy | Debenture | 2.4% |
ICICI Bank Ltd. | Financial | Bonds | 2.4% |
| Indian Railway Finance Corporation Ltd. | Financial | Debenture | 2.0% |
National Housing Bank | Financial | NCD | 2.0% |
Pros and cons
Pros
Cons
Expense ratio, exit load and tax
Expense ratio: 0.32%
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.
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹1,000 |
Fund management
Suyash ChoudharyJul 2021 - PresentView details
Gautam KaulDec 2021 - PresentView details
Fund house & investment objective
Fund house contact details
Compare funds
FAQs
How to Invest in IDFC Banking & PSU Debt Fund Direct IDCW?
You can easily invest in IDFC Banking & PSU Debt Fund Direct IDCW 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 IDFC Banking & PSU Debt Fund Direct IDCW 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 IDFC Banking & PSU Debt Fund Direct IDCW as SIP or lumpsum as per your investment objective and risk tolerance
What kind of returns does IDFC Banking & PSU Debt Fund Direct IDCW provide?
The IDFC Banking & PSU Debt Fund Direct IDCW has been there from 07 Mar 2013 and the average annual returns provided by this fund is 3.10% since its inception.
How much expense ratio is charged by IDFC Banking & PSU Debt Fund Direct IDCW?
The term
Expense Ratio used for IDFC Banking & PSU Debt Fund Direct IDCW 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 IDFC Banking & PSU Debt Fund Direct IDCW is 0.32% as of 27 Jun 2022...
What is the AUM of IDFC Banking & PSU Debt Fund Direct IDCW?
The AUM, short for Assets Under Management of IDFC Banking & PSU Debt Fund Direct IDCW is ₹16,606.83Cr as of 27 Jun 2022.
How to Redeem IDFC Banking & PSU Debt Fund Direct IDCW?
If you want to sell your IDFC Banking & PSU Debt Fund Direct IDCW 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 IDFC Banking & PSU Debt Fund Direct IDCW?
What is the NAV of IDFC Banking & PSU Debt Fund Direct IDCW?
The NAV of IDFC Banking & PSU Debt Fund Direct IDCW is ₹10.73 as of 24 Jun 2022.
