| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.27% |
| NAV | ₹15.07 (29 Oct 2020) |
|---|---|
| Fund Started | 12 Jan 2016 |
| Fund Size | ₹18,236 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | NCD | 7.6% |
| National Bank For Agriculture & Rural Development | Financial | Bonds/NCD | 5.0% |
| National Housing Bank | Financial | Bonds/NCD | 5.0% |
| REC Ltd. | Financial | Debenture | 4.2% |
| GOI | Sovereign | GOI Sec | 4.1% |
| Larsen & Toubro Ltd. | Construction | NCD | 4.0% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 3.3% |
| National Bank For Agriculture & Rural Development | Financial | NCD | 2.5% |
| GOI | Sovereign | GOI Sec | 2.5% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 2.3% |
IDFC Corporate Bond Fund Direct Growth is a Debt Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was made available to investors on 12 Jan 2016. Anurag Mittal is the Current Fund Manager of IDFC Corporate Bond Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹18,236 Cr and the Latest NAV as of 29 Oct 2020 is ₹15.07.
The IDFC Corporate Bond Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
The Fund seeks to provide steady income and capital appreciation by investing primarily in AA+ and above rated corporate debt securities across maturities.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.