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

IDFC Banking & PSU Debt Fund Direct IDCW Fortnightly

Debt
Banking and PSU
Low to Moderate Risk
8.70%
3Y annualised
-0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 18 Jan 2022₹10.47
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 returns4.4%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
Lower expense ratio - 0.31%
3Y Returns are higher than the category average returns
5Y Returns are higher than the category average returns

Cons

1Y Returns are lower than the category average returns
1Y annualised returns lower than category average by 0.93%

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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