Fund Details
IDFC Banking & PSU Debt Fund Direct Growth
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.30% |
| NAV | ₹19.41 (25 Jan 2021) |
|---|---|
| Fund Started | 07 Mar 2013 |
| Fund Size | ₹17,685 Cr |
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 |
|---|---|---|---|
| National Bank For Agriculture & Rural Development | Financial | Debenture | 6.6% |
| Axis Bank Ltd. | Financial | Bonds/Deb | 5.8% |
| Indian Railway Finance Corpn. Ltd. | Financial | Debenture | 3.8% |
| Hindustan Petroleum Corpn. Ltd. | Energy | Debenture | 2.9% |
| ICICI Bank Ltd. | Financial | Bonds | 2.7% |
| National Housing Bank | Financial | NCD | 2.6% |
| National Highways Authority of India Ltd. | Services | NCD | 2.6% |
| Hindustan Petroleum Corpn. Ltd. | Energy | Debenture | 2.4% |
| Reliance Industries Ltd. | Energy | Debenture | 2.0% |
| Indian Railway Finance Corpn. Ltd. | Financial | Debenture | 1.5% |
Fund Managers
IDFC Banking & PSU Debt Fund Direct Growth Details
IDFC Banking & PSU Debt Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹17,685 Cr and the Latest NAV as of 25 Jan 2021 is ₹19.41.
The IDFC Banking & PSU Debt Fund Direct Growth 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.
