Name: IDFC Corporate Bond Fund Direct Growth
Brand: IDFC Mutual Fund

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IDFC Corporate Bond Fund Direct Growth
Debt
Corporate Bond
Moderate Risk
8.71%
3Y annualised
-0.03% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 20 Oct 2021₹15.78
Min. SIP amount₹1,000
Rating3star
Fund size₹20,868.94 Cr
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Debt Corporate Bond
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.9%8.7%7.7%8.2%
Category average4.7%8.2%7.6%NA
Rank with in category9107NA
Understand termsinfo
Holdings (96)NameSectorInstrumentAssets
GOI
SovereignGOI Sec18.9%
Reliance Industries Ltd.
EnergyNCD6.7%
National Bank For Agriculture & Rural Development
FinancialBonds/NCD4.0%
REC Ltd.
FinancialDebenture3.8%
Larsen & Toubro Ltd.
ConstructionNCD3.5%
Housing Development Finance Corpn. Ltd.
FinancialDebenture3.0%
Power Finance Corporation Ltd.
FinancialNCD2.9%
National Housing Bank
FinancialBonds/NCD2.8%
GOI
SovereignGOI Sec2.8%
National Bank For Agriculture & Rural Development
FinancialNCD2.3%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and consinfo
Category: Debt Corporate Bond
thumb_up_altPros
Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Higher alpha: 2.9
The fund has generated returns higher than benchmark - Nifty AAA Short Duration Bond - in the last 3Y 
Exit load is zero
Lower expense ratio: 0.27%
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
thumb_down_altCons
Higher AUM: 20868Cr.
Funds with a higher AUM tend to have lower returns in the future
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
30 Sep 2021 - Present
0.27%
31 Aug 2021 - 30 Sep 2021
0.27%
31 Jul 2021 - 31 Aug 2021
0.27%
30 Jun 2021 - 31 Jul 2021
0.27%
31 May 2021 - 30 Jun 2021
0.27%
30 Apr 2021 - 31 May 2021
0.27%
31 Mar 2021 - 30 Apr 2021
0.27%
28 Feb 2021 - 31 Mar 2021
0.27%
31 Jan 2021 - 28 Feb 2021
0.27%
31 Dec 2020 - 31 Jan 2021
0.27%
30 Nov 2020 - 31 Dec 2020
0.27%
31 Oct 2020 - 30 Nov 2020
0.27%
30 Sep 2020 - 31 Oct 2020
0.27%
31 Aug 2020 - 30 Sep 2020
0.27%
31 Jul 2020 - 31 Aug 2020
0.27%
30 Jun 2020 - 31 Jul 2020
0.27%
31 May 2020 - 30 Jun 2020
0.27%
30 Apr 2020 - 31 May 2020
0.27%
31 Mar 2020 - 30 Apr 2020
0.28%
29 Feb 2020 - 31 Mar 2020
0.28%
31 Jan 2020 - 29 Feb 2020
0.27%
31 Dec 2019 - 31 Jan 2020
0.27%
30 Nov 2019 - 31 Dec 2019
0.27%
31 Oct 2019 - 30 Nov 2019
0.27%
30 Sep 2019 - 31 Oct 2019
0.26%
31 Aug 2019 - 30 Sep 2019
0.26%
31 Jul 2019 - 31 Aug 2019
0.26%
30 Jun 2019 - 31 Jul 2019
0.26%
31 May 2019 - 30 Jun 2019
0.26%
30 Apr 2019 - 31 May 2019
0.26%
31 Mar 2019 - 30 Apr 2019
0.26%
28 Feb 2019 - 31 Mar 2019
0.23%
31 Jan 2019 - 28 Feb 2019
0.23%
31 Dec 2018 - 31 Jan 2019
0.22%
30 Nov 2018 - 31 Dec 2018
0.22%
31 Oct 2018 - 30 Nov 2018
0.22%
30 Sep 2018 - 31 Oct 2018
0.23%
31 Aug 2018 - 30 Sep 2018
0.23%
31 Jul 2018 - 31 Aug 2018
0.23%
30 Jun 2018 - 31 Jul 2018
0.22%
31 May 2018 - 30 Jun 2018
0.22%
30 Apr 2018 - 31 May 2018
0.22%
31 Mar 2018 - 30 Apr 2018
0.22%
28 Feb 2018 - 31 Mar 2018
0.19%
31 Jan 2018 - 28 Feb 2018
0.19%
31 Dec 2017 - 31 Jan 2018
0.19%
30 Nov 2017 - 31 Dec 2017
0.19%
31 Oct 2017 - 30 Nov 2017
0.23%
Expense ratio, exit load and taxExpense ratio: 0.27%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Understand termsinfo
Check past data
Minimum investment amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000
Fund managementSuyash Choudhary
Jul 2021 - Present
View details
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Education
Mr. Choudhary is a B.A (H) Economics from Delhi University and PGDM from IIM Calcutta.
Experience
Prior to joining IDFC Mutual Fund he has worked with HSBC Asset Management (India) Pvt. Ltd., Standard Chartered Asset Management Co. Pvt. Ltd. and Deutsche Bank.
Also manages these schemes
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IDFC Bond Fund Short Term Plan Regular IDCW Fortnightly
IDFC Bond Fund Medium Term Plan Regular IDCW Monthly
IDFC Bond Fund Medium Term Plan Regular Growth
IDFC Bond Fund Medium Term Plan Regular IDCW Fornightly
IDFC Bond Fund Medium Term Plan Regular IDCW Bimonthly
IDFC Bond Fund Medium Term Plan Regular IDCW Daily
IDFC Bond Fund Income Plan Regular IDCW Half Yearly
IDFC Bond Fund Income Plan Regular IDCW Quarterly
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IDFC Bond Fund Short Term Plan Regular IDCW Monthly
IDFC Bond Fund Short Term Plan Regular Growth
IDFC Dynamic Bond Fund Regular IDCW
IDFC Dynamic Bond Fund Regular Growth
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IDFC Government Securities Investment Regular IDCW
IDFC Bond Fund Medium Term Plan Regular IDCW Quarterly
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IDFC Bond Fund Income Plan Direct IDCW Quarterly
IDFC Bond Fund Medium Term Plan Direct IDCW Bimonthly
IDFC Bond Fund Medium Term Plan Direct IDCW Daily
IDFC Bond Fund Medium Term Plan Direct Growth
IDFC Bond Fund Medium Term Plan Direct IDCW Monthly
IDFC Bond Fund Medium Term Plan Direct IDCW Quarterly
IDFC Bond Fund Medium Term Plan Direct IDCW Fortnightly
IDFC Bond Fund Short Term Plan Direct IDCW Fortnightly
IDFC Bond Fund Short Term Plan Direct IDCW Monthly
IDFC Bond Fund Short Term Plan Direct Growth
IDFC Dynamic Bond Fund Direct IDCW Yearly
IDFC Dynamic Bond Fund Direct Growth
IDFC Dynamic Bond Fund Direct IDCW
IDFC Dynamic Bond Fund Direct IDCW Quarterly
IDFC Government Securities Investment Plan Direct IDCW
IDFC Government Securities Investment Plan Direct Growth
IDFC Government Securities Investment Plan Direct IDCW Quarterly
IDFC Government Securities Investment Plan Direct IDCW Yearly
IDFC Banking & PSU Debt Fund Direct Growth
IDFC Banking & PSU Debt Fund Regular Growth
IDFC Banking & PSU Debt Fund Direct IDCW
IDFC Banking & PSU Debt Fund Regular IDCW
IDFC Banking & PSU Debt Fund Regular IDCW Fortnightly
IDFC Banking & PSU Debt Fund Regular IDCW Monthly
IDFC Banking & PSU Debt Fund Regular IDCW Yearly
IDFC Banking & PSU Debt Fund Direct IDCW Fortnightly
IDFC Banking & PSU Debt Fund Direct IDCW Monthly
IDFC Banking & PSU Debt Fund Regular IDCW Quarterly
IDFC Banking & PSU Debt Fund Direct IDCW Quarterly
IDFC Dynamic Bond Fund Direct IDCW Half Yearly
IDFC Dynamic Bond Fund Regular IDCW Half Yearly
IDFC Banking & PSU Debt Fund Regular IDCW Daily
IDFC Banking & PSU Debt Fund Direct IDCW Daily
IDFC Bond Fund Short Term Plan Direct IDCW Periodic
IDFC Bond Fund Short Term Plan Regular IDCW Periodic
IDFC Bond Fund Medium Term Plan Direct IDCW Periodic
IDFC Bond Fund Medium Term Plan Regular IDCW Periodic
IDFC Bond Fund Income Plan Direct IDCW Periodic
IDFC Bond Fund Income Plan Regular IDCW Periodic
IDFC Government Securities Investment Plan Direct IDCW Periodic
IDFC Government Securities Investment Regular IDCW Periodic
IDFC Dynamic Bond Fund Direct IDCW Periodic
IDFC Dynamic Bond Fund Regular IDCW Periodic
IDFC Corporate Bond Fund Regular Growth
IDFC Corporate Bond Fund Regular IDCW
IDFC Corporate Bond Fund Direct Growth
IDFC Corporate Bond Fund Direct IDCW
IDFC Corporate Bond Fund Direct IDCW Monthly
IDFC Corporate Bond Fund Direct IDCW Quarterly
IDFC Corporate Bond Fund Direct IDCW Yearly
IDFC Corporate Bond Fund Regular IDCW Monthly
IDFC Corporate Bond Fund Regular IDCW Half Yearly
IDFC Corporate Bond Fund Regular IDCW Yearly
IDFC Corporate Bond Fund Regular IDCW Quarterly
IDFC Bond Fund Short Term Plan Direct IDCW Quarterly
IDFC Bond Fund Short Term Plan Direct IDCW Yearly
IDFC Floating Rate Fund Regular Growth
IDFC Floating Rate Fund Direct Growth
IDFC Floating Rate Fund Direct IDCW Yearly
Anurag Mittal
Dec 2015 - Present
View details
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Education
Mr. Mittal is B.Com. (Hons), CA and M.Sc. in Accounting and Finance (specialization in Finance) from London School of Economics & Political Science.
Experience
Prior to joining IDFC AMC, he worked with HDFC AMC ( Sept. 2012 - Oct. 2015), Axis AMC (July 2009 - Sept. 2012), ICICI Prudential Life Insurance Company Ltd. as Credit Research Analyst (2008-2009) and with Bank of America in Corporate Banking (2006-2008).
Also manages these schemes
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IDFC Cash Regular IDCW Weekly
IDFC Cash Regular IDCW Daily
IDFC Cash Regular IDCW Monthly
IDFC Money Manager Fund Regular IDCW Weekly
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IDFC Money Manager Fund Regular IDCW Monthly
IDFC Regular Savings Fund Regular IDCW Monthly
IDFC Regular Savings Fund Regular Growth
IDFC Regular Savings Fund Regular IDCW Quarterly
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IDFC Low Duration Fund Regular IDCW
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IDFC Cash Direct Plan IDCW Monthly
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IDFC Low Duration Fund Direct IDCW
IDFC Low Duration Fund Direct Growth
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IDFC Money Manager Fund Direct IDCW Daily
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IDFC Regular Savings Fund Direct Plan IDCW Monthly
IDFC Regular Savings Fund Direct Plan Growth
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IDFC Banking & PSU Debt Fund Direct Growth
IDFC Banking & PSU Debt Fund Regular Growth
IDFC Banking & PSU Debt Fund Direct IDCW
IDFC Banking & PSU Debt Fund Regular IDCW
IDFC Banking & PSU Debt Fund Regular IDCW Fortnightly
IDFC Banking & PSU Debt Fund Regular IDCW Monthly
IDFC Banking & PSU Debt Fund Regular IDCW Yearly
IDFC Banking & PSU Debt Fund Direct IDCW Fortnightly
IDFC Banking & PSU Debt Fund Direct IDCW Monthly
IDFC Banking & PSU Debt Fund Regular IDCW Quarterly
IDFC Banking & PSU Debt Fund Direct IDCW Quarterly
IDFC Banking & PSU Debt Fund Regular IDCW Daily
IDFC Banking & PSU Debt Fund Direct IDCW Daily
IDFC Money Manager Fund Direct IDCW Periodic
IDFC Money Manager Fund Regular IDCW Periodic
IDFC Corporate Bond Fund Regular Growth
IDFC Corporate Bond Fund Regular IDCW
IDFC Corporate Bond Fund Direct Growth
IDFC Corporate Bond Fund Direct IDCW
IDFC Corporate Bond Fund Direct IDCW Monthly
IDFC Corporate Bond Fund Direct IDCW Quarterly
IDFC Corporate Bond Fund Direct IDCW Yearly
IDFC Corporate Bond Fund Regular IDCW Monthly
IDFC Corporate Bond Fund Regular IDCW Half Yearly
IDFC Corporate Bond Fund Regular IDCW Yearly
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IDFC Cash Plan Unclaimed Redemption Upto 3 Yrs
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IDFC Hybrid Equity Fund Regular Growth
IDFC Hybrid Equity Fund Direct Growth
IDFC Hybrid Equity Fund Direct IDCW
IDFC Hybrid Equity Fund Regular IDCW
IDFC Fixed Term Plan Series 149 Direct Growth
IDFC Fixed Term Plan Series 160 Direct Growth
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IDFC Fixed Term Plan Series 177 Regular Growth
IDFC Fixed Term Plan Series 178 Regular Growth
IDFC Floating Rate Fund Regular Growth
IDFC Floating Rate Fund Direct Growth
IDFC Floating Rate Fund Direct IDCW Yearly
IDFC Gilt 2027 Index Fund Direct Growth
IDFC Gilt 2028 Index Fund Direct Growth
Fund house & investment objective
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IDFC Mutual Fund
Rank (total assets)#9 in India
Total AUM1,20,172.24 Cr
Date of Incorporation13 Mar 2000
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 13 Ma
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 13 Mar 2000. 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 ₹1,20,172 Cr and the Latest NAV as of 20 Oct 2021 is ₹15.78.
The IDFC Corporate Bond Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. ...Read more
Investment Objective
The Fund seeks to provide steady income and capital appreciation by investing primarily in AA+ and above rated corporate debt securities across maturi
The Fund seeks to provide steady income and capital appreciation by investing primarily in AA+ and above rated corporate debt securities across maturities.
...Read more
Fund benchmarkNifty AAA Short Duration Bond
descriptionScheme Information Document(SID)
Fund house contact details
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Address
OneIndiaBulls Centre, 841 Jupiter Mills Compound, Senapati Bapat Marg, Elphinstone Road (West), Mumbai 400013
Phone
022-66289999
Launch Date
13 Mar 2000
E-mail
[email protected]
Website
NA
IDFC Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
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	1Y	3Y	5Y	All
Fund returns	4.9%	8.7%	7.7%	8.2%
Category average	4.7%	8.2%	7.6%	NA
Rank with in category	9	10	7	NA

Name	Sector	Instrument	Assets
GOI	Sovereign	GOI Sec	18.9%
Reliance Industries Ltd.	Energy	NCD	6.7%
National Bank For Agriculture & Rural Development	Financial	Bonds/NCD	4.0%
REC Ltd.	Financial	Debenture	3.8%
Larsen & Toubro Ltd.	Construction	NCD	3.5%
Housing Development Finance Corpn. Ltd.	Financial	Debenture	3.0%
Power Finance Corporation Ltd.	Financial	NCD	2.9%
National Housing Bank	Financial	Bonds/NCD	2.8%
GOI	Sovereign	GOI Sec	2.8%
National Bank For Agriculture & Rural Development	Financial	NCD	2.3%

Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	₹1,000

Rating	3
Fund size	₹20,868.94 Cr