IDFC Corporate Bond Fund Direct Growth is a Debt Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was introduced to investors on 12 Jan 2016. Anurag Mittal is the Current Fund Manager of IDFC Corporate Bond Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹15,835 Cr and the Latest NAV as of 14 Oct 2019 is ₹13.46.
The IDFC Corporate Bond Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Nil.
Investment Objective
The Fund seeks to provide steady income and capital appreciation by investing primarily in corporate debt securities across maturities and ratings. Disclaimer: There is no assurance or guarantee that the objectives of the scheme will be realised.
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.
Scheme Information Document(SID)
₹5000
Min for First Investment
₹1000
Min for Second Investment