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IDFC Corporate Bond Fund Direct IDCW

Debt
Corporate Bond
Moderate Risk
8.02%
3Y annualised
-0.02% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 18 Jan 2022₹10.54
Min. SIP amount₹1,000
Rating3
Fund size₹19,998.95Cr

Returns and rankings

Category: Debt Corporate Bond
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.5%8.0%7.3%8.0%
Category average4.7%8.2%7.6%NA
Rank with in category698NA
Understand terms

Holdings (90)

NameSectorInstrumentAssets
GOI
SovereignGOI Sec17.7%
EnergyNCD6.9%
National Bank For Agriculture & Rural Development
FinancialBonds/NCD4.1%
FinancialDebenture3.9%
Larsen & Toubro Ltd.
ConstructionNCD3.6%
FinancialNCD3.5%
FinancialDebenture3.1%
FinancialBonds/NCD2.9%
GOI
SovereignGOI Sec2.8%
FinancialDebenture2.1%
See All

Pros and cons

Category: Debt Corporate Bond

Pros

Higher alpha: 2.84 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

Cons

Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y

Expense ratio, exit load and tax

Expense ratio: 0.27%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms
Check past data

Minimum investment amounts

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

Fund management

Suyash Choudhary
Jul 2021 - Present
View details

Fund house & investment objective

Fund house contact details

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FAQs

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