| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.65% |
| NAV | ₹10.87 (11 Aug 2020) |
|---|---|
| Fund Started | 10 Feb 2014 |
| Fund Size | ₹16,967 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| National Housing Bank | Financial | NCD | 3.1% |
| Hindustan Petroleum Corpn. Ltd. | Energy | Debenture | 2.9% |
| Hindustan Petroleum Corpn. Ltd. | Energy | Debenture | 2.5% |
| National Housing Bank | Financial | Bonds/NCD | 1.6% |
| Indian Railway Finance Corpn. Ltd. | Financial | Debenture | 1.5% |
| REC Ltd. | Financial | Debenture | 1.2% |
| Small Industries Devp. Bank of India Ltd. | Financial | Bonds/NCD | 1.1% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 0.8% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 0.8% |
| LIC Housing Finance Ltd. | Financial | NCD | 0.8% |
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 ₹16,967 Cr and the Latest NAV as of 11 Aug 2020 is ₹10.87.
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.
The primary objective of the Scheme is to seek to generate stable returns with a low risk strategy by creating a portfolio that is invested in debt and money market instruments issued by scheduled Commercial banks. However, there can be no assurance or guarantee that the objectives of the scheme will be realized.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.