IDFC Banking & PSU Debt Fund Regular IDCW Yearly

Debt
Banking and PSU
Low to Moderate Risk
5.49%
3Y annualised
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 07 Feb 2023₹11.32
Min. SIP amountNot Supported
Rating5
Fund size₹14,408.41Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Debt Banking and PSU
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.0%5.5%7.3%7.6%
Category average4.1%5.3%6.7%NA
Rank with in category972NA
Understand terms

Holdings (90)

NameSectorInstrumentAssets
National Bank For Agriculture & Rural DevelopmentFinancialDebenture9.1%
Bank Of Baroda
FinancialCD5.2%
Reserve Bank of India
FinancialT-Bills3.0%
Indian Bank
FinancialCD2.7%
Export-Import Bank Of India
FinancialCD2.4%
Canara Bank
FinancialCD2.4%
Axis Bank Ltd.FinancialBonds/Deb2.3%
Indian Railway Finance Corporation Ltd.FinancialDebenture2.3%
Axis Bank Ltd.
FinancialCD2.1%
Hindustan Petroleum Corporation Ltd.
EnergyCP2.1%
See All

Pros and cons

Category: Debt Banking and PSU

Pros

Cons

Higher alpha: 6.05 The fund has generated returns higher than benchmark - NIFTY Banking and PSU Debt Index - in the last 3Y
Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y
Exit load is zero
Higher expense ratio: 0.62%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Expense ratio, exit load and tax

Expense ratio: 0.62%

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 investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported

Fund management

Suyash Choudhary
Jul 2021 - Present
View details

Education
Mr. Choudhary is a B.A (H) Economics from Delhi University and PGDM from IIM Calcutta.
Experience
Prior to joining IDFC Mutual Fund he has worked with HSBC Asset Management (India) Pvt. Ltd., Standard Chartered Asset Management Co. Pvt. Ltd. and Deutsche Bank.
Also manages these schemes

Gautam Kaul
Dec 2021 - Present
View details

Education
Mr. Kaul is a B.Com (H) and MBA (Finance).
Experience
Prior to joining IDFC Mutual Fund, he has worked with Edelweiss AMC, Invesco Mutual Fund, Sahara India Asset Management Company Pvt. Ltd, IDBI AMC. and Mata Securities (India) Pvt. Ltd.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
Unit No. 27, Ground Floor,Khetan Bhavan,198, Jamshedji Tata Road,Churchgate, Mumbai 400020
Phone
022-24398777 / 24399999 / 66289999
Launch Date
20 Dec 1999
Website
NA
IDFC Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

Compare funds

IDFC Banking & PSU Debt Fund Regular IDCW Yearly
VS
Add mutual fund to compare
Loading...
ⓒ 2016-2023 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 3.7.1
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  ICICI PRUDENTIAL |  HDFC |  NIPPON INDIA |  ADITYA BIRLA SUN LIFE |  SBI |  UTI |  FRANKLIN TEMPLETON |  KOTAK MAHINDRA |  IDFC |  DSP |  AXIS |  TATA |  L&T |  SUNDARAM |  PGIM |  INVESCO |  LIC |  JM FINANCIAL |  BARODA PIONEER |  CANARA ROBECO |  HSBC |  IDBI |  INDIABULLS |  MOTILAL OSWAL |  BNP PARIBAS |  MIRAE ASSET |  PRINCIPAL |  BOI AXA |  UNION KBC |  TAURUS |  EDELWEISS |  NAVI |  MAHINDRA |  QUANTUM |  PPFAS |  IIFL |  Quant |  SHRIRAM |  SAHARA |  ITI