IDFC Banking & PSU Debt Fund Regular 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 Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹14,069 Cr and the Latest NAV as of 09 Apr 2020 is ₹17.60.
The IDFC Banking & PSU Debt Fund Regular Growth is rated Moderately Low 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.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment