Fund Details
IDFC Banking & PSU Debt Fund Direct Dividend
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.30% |
| NAV | ₹11.21 (27 Nov 2020) |
|---|---|
| Fund Started | 07 Mar 2013 |
| Fund Size | ₹19,780 Cr |
Returns
as per Historical Returns
Comparison
1. Lower expense ratio - 0.3%
2. Exit load is zero
3. 1Y Returns are higher than the category average returns
4. 3Y Returns are higher than the category average returns
5. 5Y Returns are higher than the category average returns
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 7.9% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 5.9% |
| Axis Bank Ltd. | Financial | Bonds/Deb | 5.1% |
| Indian Railway Finance Corpn. Ltd. | Financial | Debenture | 3.4% |
| GOI | Sovereign | GOI Sec | 3.4% |
| National Housing Bank | Financial | NCD | 2.6% |
| Hindustan Petroleum Corpn. Ltd. | Energy | Debenture | 2.6% |
| National Highways Authority of India Ltd. | Services | NCD | 2.3% |
| Hindustan Petroleum Corpn. Ltd. | Energy | Debenture | 2.2% |
| ICICI Bank Ltd. | Financial | Bonds | 2.0% |
Fund Managers
IDFC Banking & PSU Debt Fund Direct Dividend Details
IDFC Banking & PSU Debt Fund Direct Dividend is a Debt Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was made available to investors on 07 Mar 2013. Anurag Mittal is the Current Fund Manager of IDFC Banking & PSU Debt Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹19,780 Cr and the Latest NAV as of 27 Nov 2020 is ₹11.21.
The IDFC Banking & PSU Debt Fund Direct Dividend is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
Investment Objective
To achieve optimal returns by investing in money market and debt instruments issued by scheduled commercial banks.
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.
