IDFC Corporate Bond Fund Direct Dividend Monthly is a Debt Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was introduced to investors on 21 Mar 2016. Anurag Mittal is the Current Fund Manager of IDFC Corporate Bond Fund Direct Dividend Monthly.The fund currently has an Asset Under Management(AUM) of ₹15,903 Cr and the Latest NAV as of 15 Nov 2019 is ₹10.27.
The IDFC Corporate Bond Fund Direct Dividend Monthly is rated Moderate risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Nil.
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.
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