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IDFC Corporate Bond Fund Direct IDCW Quarterly

Debt
Corporate Bond
Low to Moderate Risk
6.61%
3Y annualised
+0.02% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 24 Jun 2022₹10.23
Min. SIP amountNA
Rating2
Fund size₹17,068.59Cr

Returns and rankings

Category: Debt Corporate Bond
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns2.3%6.6%6.7%7.4%
Category average4.7%8.2%7.6%NA
Rank with in category151410NA
Understand terms

Holdings (93)

NameSectorInstrumentAssets
GOI
SovereignGOI Sec16.2%
Reliance Industries Ltd.EnergyNCD6.0%
REC Ltd.FinancialDebenture4.4%
Larsen & Toubro Ltd.
ConstructionNCD4.0%
Power Finance Corporation Ltd.FinancialNCD4.0%
National Bank For Agriculture & Rural Development
FinancialBonds/NCD3.8%
National Housing BankFinancialBonds/NCD3.0%
National Bank For Agriculture & Rural Development
FinancialNCD2.3%
REC Ltd.FinancialNCD2.3%
Housing Development Finance Corpn. Ltd.FinancialDebenture2.1%
See All

Pros and cons

Category: Debt Corporate Bond

Pros

Cons

Exit load is zero
Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
Higher expense ratio: 0.3%
Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 0.30%

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 investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA

Fund management

Suyash Choudhary
Jul 2021 - Present
View details

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

Gautam Kaul
Dec 2021 - Present
View details

Education
Mr. Kaul is a B.Com (H) and MBA (Finance).
Experience
Prior to joining IDFC Mutual Fund, he has worked with Edelweiss AMC, Invesco Mutual Fund, Sahara India Asset Management Company Pvt. Ltd, IDBI AMC. and Mata Securities (India) Pvt. Ltd.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
Unit No. 27, Ground Floor,Khetan Bhavan,198, Jamshedji Tata Road,Churchgate, Mumbai 400020
Phone
022-24398777 / 24399999 / 66289999
Launch Date
20 Dec 1999
Website
NA
Amc Image
IDFC Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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FAQs

How to Invest in IDFC Corporate Bond Fund Direct IDCW Quarterly?

You can easily invest in IDFC Corporate Bond Fund Direct IDCW Quarterly in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for IDFC Corporate Bond Fund Direct IDCW Quarterly from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in IDFC Corporate Bond Fund Direct IDCW Quarterly as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does IDFC Corporate Bond Fund Direct IDCW Quarterly provide?

The IDFC Corporate Bond Fund Direct IDCW Quarterly has been there from 21 Mar 2016 and the average annual returns provided by this fund is 2.28% since its inception.

How much expense ratio is charged by IDFC Corporate Bond Fund Direct IDCW Quarterly?

The term Expense Ratio used for IDFC Corporate Bond Fund Direct IDCW Quarterly or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of IDFC Corporate Bond Fund Direct IDCW Quarterly is 0.30% as of 27 Jun 2022...

What is the AUM of IDFC Corporate Bond Fund Direct IDCW Quarterly?

The AUM, short for Assets Under Management of IDFC Corporate Bond Fund Direct IDCW Quarterly is ₹17,068.59Cr as of 27 Jun 2022.

How to Redeem IDFC Corporate Bond Fund Direct IDCW Quarterly?

If you want to sell your IDFC Corporate Bond Fund Direct IDCW Quarterly holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of IDFC Corporate Bond Fund Direct IDCW Quarterly?

You can select either SIP or Lumpsum investment of IDFC Corporate Bond Fund Direct IDCW Quarterly based on your investment objective and risk tolerance.

What is the NAV of IDFC Corporate Bond Fund Direct IDCW Quarterly?

The NAV of IDFC Corporate Bond Fund Direct IDCW Quarterly is ₹10.23 as of 24 Jun 2022.

What is the PE and PB ratio of IDFC Corporate Bond Fund Direct IDCW Quarterly?

The PE ratio ratio of IDFC Corporate Bond Fund Direct IDCW Quarterly is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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