Fund Details
IDFC Banking & PSU Debt Fund Regular Dividend Daily
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.65% |
| NAV | ₹10.88 (27 Nov 2020) |
|---|---|
| Fund Started | 10 Feb 2014 |
| Fund Size | ₹19,780 Cr |
Returns
as per Historical Returns
Comparison
1. Risk-adjusted returns are higher compared to the category
2. 1Y Returns are higher than the benchmark
3. 3Y Returns are higher than the benchmark
4. 5Y Returns are higher than the benchmark
5. Exit load is zero
6. Risk-adjusted returns are higher compared to the category
7. 1Y Returns are higher than the category average returns
8. 3Y Returns are higher than the category average returns
1. Risk is higher compared to the benchmark
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 Regular Dividend Daily Details
IDFC Banking & PSU Debt Fund Regular Dividend Daily is a Debt Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was made available to investors on 10 Feb 2014. Anurag Mittal is the Current Fund Manager of IDFC Banking & PSU Debt Fund Regular Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹19,780 Cr and the Latest NAV as of 27 Nov 2020 is ₹10.88.
The IDFC Banking & PSU Debt Fund Regular Dividend Daily 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.
