1M
6M
All
| NAV: 14 Oct 2021 | ₹10.28 |
| Min. SIP amount | NA |
| Rating | NA |
| Fund size | ₹1,259.64 Cr |
Understand terms
Annualised returns
Average of the yearly returns of a mutual fund over a given period.
Absolute returns
The total return of a mutual fund over a given period.
Returns and rankings
Category: Debt Floater
Absolute returns
| 1M | 3M | 6M | All | |
|---|---|---|---|---|
| Fund returns | 0.2% | 1.0% | 2.3% | 2.8% |
| Category average | NA | NA | NA | NA |
| Rank with in category | NA | 11 | 10 | NA |
Understand termsinfo
Holdings (29)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Reliance Industries Ltd. | Energy | CP | 6.4% |
Kotak Mahindra Prime Ltd. | Financial | CP | 6.3% |
Kotak Mahindra Bank Ltd. | Financial | CD | 6.0% |
Axis Bank Ltd. | Financial | FRD | 6.0% |
GOI | Sovereign | GOI Sec | 6.0% |
REC Ltd. | Financial | NCD | 4.4% |
Housing Development Finance Corpn. Ltd. | Financial | NCD | 4.4% |
Housing Development Finance Corpn. Ltd. | Financial | Debenture | 4.3% |
Summit Digitel Infrastructure Pvt. Ltd. | Communication | Debenture | 4.3% |
Reserve Bank of India | Financial | T-Bills | 4.2% |
See All
Understand terms
Expense ratio
A fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
Tax
A percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit load
A fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp duty
A form of tax payable for the purchase or sale of an asset or security.
Past expense ratio & exit load
Expense ratio
Exit load
30 Sep 2021 - Present
0.27%
31 Aug 2021 - 30 Sep 2021
0.27%
31 Jul 2021 - 31 Aug 2021
0.27%
30 Jun 2021 - 31 Jul 2021
0.27%
31 May 2021 - 30 Jun 2021
0.27%
30 Apr 2021 - 31 May 2021
0.27%
31 Mar 2021 - 30 Apr 2021
0.27%
28 Feb 2021 - 31 Mar 2021
0.27%
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 termsinfo
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹0 |
| Min. for SIP | NA |
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
Anurag Mittal
Feb 2021 - Present
View details
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).
Also manages these schemes
Arvind Subramanian
Feb 2021 - Present
View details
Education
Mr. Subramanian is a B.E (Electrical & Electronics Engineering ) and MBA ( Post Graduate Diploma in Management).
Experience
Prior to joining IDFC AMC he worked as a Senior Analyst at ICRA Limited ( Apr. 2009 - Aug. 2011
Also manages these schemes
Viraj Kulkarni
Feb 2021 - Present
View details
Education
Mr. Kulkarni is a B.Tech. (Electronics), CFA and also holds a PGDM (Finance).
Experience
Prior to joining IDFC AMC he was associated with Franklin Templeton Asset Management (India) Pvt. Ltd. (May 2014-Sept. 2015) and Goldman Sachs Services India (June 2010-May 2012).
Also manages these schemes
Fund house & investment objective
| Rank (total assets) | #9 in India |
|---|---|
| Total AUM | 1,20,172.24 Cr |
| Date of Incorporation | 13 Mar 2000 |
|---|
IDFC Floating Rate Fund Direct IDCW Yearly is a Debt Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was made available to investors on 1
IDFC Floating Rate Fund Direct IDCW Yearly is a Debt Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was made available to investors on 13 Mar 2000. Anurag Mittal is the Current Fund Manager of IDFC Floating Rate Fund Direct IDCW Yearly fund. The fund currently has an Asset Under Management(AUM) of ₹1,20,172 Cr and the Latest NAV as of 14 Oct 2021 is ₹10.28.
The IDFC Floating Rate Fund Direct IDCW Yearly is rated Low to Moderate risk. Minimum Lumpsum Investment is 5000.
...Read more
Investment Objective
The scheme seeks to generate returns by creating a portfolio that is primarily invested in floating rate instruments, including fixed rate instrument.
The scheme seeks to generate returns by creating a portfolio that is primarily invested in floating rate instruments, including fixed rate instrument.
...Read more
| Fund benchmark | NIFTY Low Duration Debt TRI |
|---|
Fund house contact details
Address
OneIndiaBulls Centre, 841 Jupiter Mills Compound, Senapati Bapat Marg, Elphinstone Road (West), Mumbai 400013
Phone
022-66289999
Launch Date
13 Mar 2000
E-mail
[email protected]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,
Email
[email protected]Website
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IDFC Floating Rate Fund Direct IDCW Yearly
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