IDFC Banking & PSU Fund - Direct - Growth+0.1%

6.6%
1 Year Return
Debt
Banking & PSU
3.0 star
1Y
3Y
5Y

Fund Details

IDFC Banking & PSU Fund - Direct - Growth

RiskModerately Low
Min SIP Amount₹1000
Expense Ratio0.30%
NAV15.5 (13-Dec-2018)
Fund Started07-Mar-2013
Fund Size776 Cr

Returns

Fund
1Y
3Y
5Y
IDFC Banking & PSU Fund - Direct - Growth
6.6%
7.0% p.a
7.8% p.a

SIP Calculator

I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with 6.6% annual returns

    Comparison

    Data not available
    Pros
    1. Lower expense ratio
    2. Exit load is zero
    Cons
    1. Risk-adjusted returns are lower compared to the category
    2. Risk is higher compared to the benchmark
    3. 1Y Returns are lower than the benchmark
    4. 3Y Returns are lower than the benchmark

    Top 10 Holdings

    Name% AssetsSectorInstrumentRating/SizeValue(Cr)
    7.6 ICICI Bank Ltd. Oct 7 2023 11.4%Financial ServicesDebenturesAAA113.0
    7.6 Axis Bank Ltd. Oct 20 2023 10.6%Financial ServicesDebenturesAAA104.9
    9.19 LIC Housing Finance Ltd. Jun 6 2023 9.2%Financial ServicesDebenturesAAA90.8
    8.8 Power Grid Corporation of India Ltd. Mar 13 2023 7.1%EnergyBondAAA70.7
    9.95 Food Corporation of India Mar 7 2022 6.8%Consumer GoodsDebenturesAAA(SO)67.8
    9.05 Housing Development Finance Corporation Ltd. Nov 20 2023 6.6%Financial ServicesDebenturesAAA65.4
    9.15 Export-Import Bank of India Ltd. Sep 5 2022 5.2%Financial ServicesBondAAA51.0
    8.6 NABARD Jan 31 2022 4.9%Financial ServicesBondAAA48.3
    7.1 Power Finance Corporation Ltd. Aug 8 2022 3.4%Financial ServicesDebenturesAAA33.4
    Triparty Repo3.2%Current AssetsMoney Market--31.8
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    About IDFC Mutual Fund

    IDFC Mutual Fund started their mutual fund on 13/03/2000 and its managing total assets of ₹66,620 Cr. Its ranked at 11 as per total assets at end of 30th Sep 2017.

    IDFC Mutual Fund works under the name IDFC Asset Management Company. The main objective of this mutual fund company is to grow the AUM of the company by offering adequate products for retail, as well as industrial customers.

    IDFC is a relatively new fund house, but nevertheless, has won many accolades for its performance, from various agencies.

    IDFC mutual fund offers a bunch of mutual fund schemes that have performed relatively well in the market and therefore, this fund house has carved a niche for itself.

    It provides funds ranging from equity to debt to hybrid.

    This AMC focuses on infrastructure as its key area and its main businesses in Project Finance, Principal Investments, Financial Markets and Investment Banking, Broking, Advisory Services and Asset Management.

    IDFC effectively started off its business in 2000 and has since then been catering to investor needs by periodically improving its fund stature, holdings and policies.

    Launch Date12 Mar 2000
    AddressOneIndiaBulls Centre, 841 Jupiter Mills Compound, Senapati Bapat Marg, Elphinstone Road (West), Mumbai 400013
    Assets66,620 Cr
    SponsorNA
    Phone022-66289999
    Emailinvestormf@idfc.com
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    Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
    Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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