IDFC Floating Rate Fund Direct IDCW Yearly

Debt
Floater
Low to Moderate Risk
1M
6M
1Y
All
NAV: 03 Feb 2023₹10.42
Min. SIP amount₹1,000
Rating2
Fund size₹349.08Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Debt Floater
Absolute returns
3M6M1YAll
Fund returns1.6%2.9%4.2%7.9%
Category averageNANA4.5%NA
Rank with in category4118NA
Understand terms

Holdings (14)

NameSectorInstrumentAssets
GOI
SovereignGOI Sec16.4%
Export-Import Bank Of India
FinancialCD13.7%
State Bank of India
FinancialCD13.6%
HDFC Bank Ltd.
FinancialCD11.4%
Kotak Mahindra Bank Ltd.
FinancialCD6.8%
Axis Bank Ltd.
FinancialCD6.8%
ICICI Bank Ltd.
FinancialCD6.7%
Housing Development Finance Corporation Ltd.FinancialCP5.1%
REC Ltd.FinancialNCD4.2%
REC Ltd.FinancialDebenture4.2%
See All

Expense ratio, exit load and tax

Expense ratio: 0.34%

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 onwardsNA
Min. for SIP₹1,000

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

Nishita Doshi
Jul 2022 - Present
View details

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
IDFC Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

Compare funds

IDFC Floating Rate Fund Direct IDCW Yearly
VS
Add mutual fund to compare
Loading...
ⓒ 2016-2023 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 3.7.0
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  ICICI PRUDENTIAL |  HDFC |  NIPPON INDIA |  ADITYA BIRLA SUN LIFE |  SBI |  UTI |  FRANKLIN TEMPLETON |  KOTAK MAHINDRA |  IDFC |  DSP |  AXIS |  TATA |  L&T |  SUNDARAM |  PGIM |  INVESCO |  LIC |  JM FINANCIAL |  BARODA PIONEER |  CANARA ROBECO |  HSBC |  IDBI |  INDIABULLS |  MOTILAL OSWAL |  BNP PARIBAS |  MIRAE ASSET |  PRINCIPAL |  BOI AXA |  UNION KBC |  TAURUS |  EDELWEISS |  NAVI |  MAHINDRA |  QUANTUM |  PPFAS |  IIFL |  Quant |  SHRIRAM |  SAHARA |  ITI