IDFC Corporate Bond Fund Direct Dividend Quarterly-0.02%

3
11.72%
1 Year Return
Debt
Corporate Bond
3.0star
6M
1Y
3Y
All

Fund Details

IDFC Corporate Bond Fund Direct Dividend Quarterly

RiskModerate
Min SIP AmountNot Supported
Expense Ratio0.27%
NAV10.51 (11 Aug 2020)
Fund Started21 Mar 2016
Fund Size16,088 Cr

Returns

1Y
3Y*
5Y*
Since inception*
IDFC Corporate Bond Fund Direct Dividend Quarterly
11.7%
8.5%
NA
9.0%
Category Average
10.0%
7.3%
7.8%
-
Rank within category
4
7
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    Estimated Value
    as per Historical Returns
    0
    with 11.7% annual returns

    Comparison

    Data not available
    Pros
    1. Risk-adjusted returns are higher compared to the category
    2. Lower expense ratio - 0.27%
    3. 3Y Returns are higher than the category average returns
    4. Exit load is zero
    5. 1Y Returns are higher than the category average returns
    Cons
    Found nothing so far.

    Top Holdings

    NameSectorInstrument% Assets
    Reliance Industries Ltd.EnergyNCD7.8%
    National Housing BankFinancialBonds/NCD7.0%
    REC Ltd.FinancialDebenture5.1%
    National Bank For Agriculture & Rural DevelopmentFinancialNCD4.8%
    Housing Development Finance Corpn. Ltd.FinancialDebenture4.8%
    Larsen & Toubro Ltd.ConstructionNCD4.5%
    National Bank For Agriculture & Rural DevelopmentFinancialBonds/NCD3.9%
    Housing Development Finance Corpn. Ltd.FinancialDebenture2.7%
    Power Finance Corpn. Ltd.FinancialNCD2.3%
    LIC Housing Finance Ltd.FinancialNCD2.2%
    See All

    Fund Managers

    addAnurag Mittal
    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).
    Funds Managed

    IDFC Corporate Bond Fund Direct Dividend Quarterly Details

    IDFC Corporate Bond Fund Direct Dividend Quarterly is a Debt Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was made available to investors on 21 Mar 2016. Anurag Mittal is the Current Fund Manager of IDFC Corporate Bond Fund Direct Dividend Quarterly fund.The fund currently has an Asset Under Management(AUM) of ₹16,088 Cr and the Latest NAV as of 11 Aug 2020 is ₹10.51.

    The IDFC Corporate Bond Fund Direct Dividend Quarterly is rated Moderate risk. Minimum SIP Investment is set to 1000.

    Investment Objective

    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.

    Tax Implications

    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)

    Not Supported
    Min for First Investment
    Not Supported
    Min for Second Investment
    Nil
    Exit Load

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    About IDFC Mutual Fund

    Address
    OneIndiaBulls Centre, 841 Jupiter Mills Compound, Senapati Bapat Marg, Elphinstone Road (West), Mumbai 400013
    Phone
    022-66289999
    Launch Date
    13 Mar 2000
    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,
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