Fund Details
IDFC Corporate Bond Fund Regular Dividend Yearly
| Risk | Moderate |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.58% |
| NAV | ₹11.22 (02 Mar 2021) |
|---|---|
| Fund Started | 21 Mar 2016 |
| Fund Size | ₹22,999 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. Exit load is zero
1. Asset under management(AUM) is more than 20000 Crs. Returns tend to go low once AUM exceeds a certain amount
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 14.5% |
| Reliance Industries Ltd. | Energy | NCD | 6.1% |
| GOI | Sovereign | GOI Sec | 4.7% |
| National Bank For Agriculture & Rural Development | Financial | Bonds/NCD | 4.0% |
| National Housing Bank | Financial | Bonds/NCD | 3.7% |
| REC Ltd. | Financial | Debenture | 3.4% |
| Larsen & Toubro Ltd. | Construction | NCD | 3.1% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 2.6% |
| National Bank For Agriculture & Rural Development | Financial | NCD | 2.2% |
| Power Finance Corpn. Ltd. | Financial | NCD | 1.8% |
Fund Managers
IDFC Corporate Bond Fund Regular Dividend Yearly Details
IDFC Corporate Bond Fund Regular Dividend Yearly 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 Regular Dividend Yearly fund.The fund currently has an Asset Under Management(AUM) of ₹22,999 Cr and the Latest NAV as of 02 Mar 2021 is ₹11.22.
The IDFC Corporate Bond Fund Regular Dividend Yearly 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 AA+ and above rated corporate debt securities across maturities.
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.
