How to Invest in IDFC Floating Rate Fund Direct IDCW Yearly?

You can easily invest in IDFC Floating Rate Fund Direct IDCW Yearly 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 Floating Rate Fund Direct IDCW Yearly 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 Floating Rate Fund Direct IDCW Yearly as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does IDFC Floating Rate Fund Direct IDCW Yearly provide?

The IDFC Floating Rate Fund Direct IDCW Yearly has been there from 18 Feb 2021 and the average annual returns provided by this fund is 4.71% since its inception.

How much expense ratio is charged by IDFC Floating Rate Fund Direct IDCW Yearly?

The term Expense Ratio used for IDFC Floating Rate Fund Direct IDCW Yearly 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 Floating Rate Fund Direct IDCW Yearly is 0.34% as of 06 Feb 2023...

What is the AUM of IDFC Floating Rate Fund Direct IDCW Yearly?

The AUM, short for Assets Under Management of IDFC Floating Rate Fund Direct IDCW Yearly is ₹349.08Cr as of 06 Feb 2023.

How to Redeem IDFC Floating Rate Fund Direct IDCW Yearly?

If you want to sell your IDFC Floating Rate Fund Direct IDCW Yearly 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 Floating Rate Fund Direct IDCW Yearly?

You can select either SIP or Lumpsum investment of IDFC Floating Rate Fund Direct IDCW Yearly based on your investment objective and risk tolerance.

What is the NAV of IDFC Floating Rate Fund Direct IDCW Yearly?

The NAV of IDFC Floating Rate Fund Direct IDCW Yearly is ₹10.42 as of 03 Feb 2023.

What is the PE and PB ratio of IDFC Floating Rate Fund Direct IDCW Yearly?

The PE ratio ratio of IDFC Floating Rate Fund Direct IDCW Yearly 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).

IDFC Floating Rate Fund Direct IDCW Yearly - NAV, Mutual Fund Performance & Portfolio

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 ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: 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
Understand termsExpense ratioA 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.
TaxA 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 loadA 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 dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
31 Dec 2022 - Present
0.34%
31 Dec 2022 - 31 Dec 2022
0.34%
30 Nov 2022 - 31 Dec 2022
0.34%
30 Nov 2022 - 30 Nov 2022
0.34%
30 Nov 2022 - 30 Nov 2022
0.34%
31 Oct 2022 - 30 Nov 2022
0.35%
31 Oct 2022 - 31 Oct 2022
0.35%
31 Oct 2022 - 31 Oct 2022
0.35%
31 Oct 2022 - 31 Oct 2022
0.35%
30 Sep 2022 - 31 Oct 2022
0.35%
30 Sep 2022 - 30 Sep 2022
0.35%
30 Sep 2022 - 30 Sep 2022
0.35%
31 Aug 2022 - 30 Sep 2022
0.35%
31 Aug 2022 - 31 Aug 2022
0.35%
31 Jul 2022 - 31 Aug 2022
0.31%
31 Jul 2022 - 31 Jul 2022
0.31%
30 Jun 2022 - 31 Jul 2022
0.31%
30 Jun 2022 - 30 Jun 2022
0.31%
31 May 2022 - 30 Jun 2022
0.31%
31 May 2022 - 31 May 2022
0.31%
30 Apr 2022 - 31 May 2022
0.27%
30 Apr 2022 - 30 Apr 2022
0.27%
31 Mar 2022 - 30 Apr 2022
0.28%
31 Mar 2022 - 31 Mar 2022
0.28%
28 Feb 2022 - 31 Mar 2022
0.28%
28 Feb 2022 - 28 Feb 2022
0.28%
31 Jan 2022 - 28 Feb 2022
0.28%
31 Dec 2021 - 31 Jan 2022
0.28%
30 Nov 2021 - 31 Dec 2021
0.28%
31 Oct 2021 - 30 Nov 2021
0.28%
30 Sep 2021 - 31 Oct 2021
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 taxExpense ratio: 0.34%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns 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 amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwardsNA
Min. for SIP₹1,000
Fund managementSuyash 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
IDFC Government Securities Investment Regular IDCW Quarterly
IDFC Government Securities Investment Regular IDCW Half Yearly
IDFC Government Securities Investment Regular IDCW Yearly
IDFC Dynamic Bond Fund Regular IDCW Quarterly
IDFC Dynamic Bond Fund Regular IDCW Yearly
IDFC Bond Fund Short Term Plan Regular IDCW Fortnightly
IDFC Bond Fund Medium Term Plan Regular IDCW Monthly
IDFC Bond Fund Medium Term Plan Regular Growth
IDFC Bond Fund Medium Term Plan Regular IDCW Fornightly
IDFC Bond Fund Medium Term Plan Regular IDCW Bimonthly
IDFC Bond Fund Medium Term Plan Regular IDCW Daily
IDFC Bond Fund Income Plan Regular IDCW Half Yearly
IDFC Bond Fund Income Plan Regular IDCW Quarterly
IDFC Bond Fund Income Plan Regular Growth
IDFC Bond Fund Income Plan Regular IDCW Yearly
IDFC Bond Fund Short Term Plan Regular IDCW Monthly
IDFC Bond Fund Short Term Plan Regular Growth
IDFC Dynamic Bond Fund Regular IDCW
IDFC Dynamic Bond Fund Regular Growth
IDFC Government Securities Investment Regular Growth
IDFC Government Securities Investment Regular IDCW
IDFC Bond Fund Medium Term Plan Regular IDCW Quarterly
IDFC Bond Fund Income Plan Direct IDCW Yearly
IDFC Bond Fund Income Plan Direct Growth
IDFC Bond Fund Income Plan Direct IDCW Half Yearly
IDFC Bond Fund Income Plan Direct IDCW Quarterly
IDFC Bond Fund Medium Term Plan Direct IDCW Bimonthly
IDFC Bond Fund Medium Term Plan Direct IDCW Daily
IDFC Bond Fund Medium Term Plan Direct Growth
IDFC Bond Fund Medium Term Plan Direct IDCW Monthly
IDFC Bond Fund Medium Term Plan Direct IDCW Quarterly
IDFC Bond Fund Medium Term Plan Direct IDCW Fortnightly
IDFC Bond Fund Short Term Plan Direct IDCW Fortnightly
IDFC Bond Fund Short Term Plan Direct IDCW Monthly
IDFC Bond Fund Short Term Plan Direct Growth
IDFC Dynamic Bond Fund Direct IDCW Yearly
IDFC Dynamic Bond Fund Direct Growth
IDFC Dynamic Bond Fund Direct IDCW
IDFC Dynamic Bond Fund Direct IDCW Quarterly
IDFC Government Securities Investment Plan Direct IDCW
IDFC Government Securities Investment Plan Direct Growth
IDFC Government Securities Investment Plan Direct IDCW Half Yearly
IDFC Government Securities Investment Plan Direct IDCW Quarterly
IDFC Government Securities Investment Plan Direct IDCW Yearly
IDFC Banking & PSU Debt Fund Direct Growth
IDFC Banking & PSU Debt Fund Regular Growth
IDFC Banking & PSU Debt Fund Direct IDCW
IDFC Banking & PSU Debt Fund Regular IDCW
IDFC Banking & PSU Debt Fund Regular IDCW Fortnightly
IDFC Banking & PSU Debt Fund Regular IDCW Monthly
IDFC Banking & PSU Debt Fund Regular IDCW Yearly
IDFC Banking & PSU Debt Fund Direct IDCW Fortnightly
IDFC Banking & PSU Debt Fund Direct IDCW Monthly
IDFC Banking & PSU Debt Fund Direct IDCW Yearly
IDFC Banking & PSU Debt Fund Regular IDCW Quarterly
IDFC Banking & PSU Debt Fund Direct IDCW Quarterly
IDFC Dynamic Bond Fund Direct IDCW Half Yearly
IDFC Dynamic Bond Fund Regular IDCW Half Yearly
IDFC Banking & PSU Debt Fund Regular IDCW Daily
IDFC Banking & PSU Debt Fund Direct IDCW Daily
IDFC Bond Fund Short Term Plan Direct IDCW Periodic
IDFC Bond Fund Short Term Plan Regular IDCW Periodic
IDFC Bond Fund Medium Term Plan Direct IDCW Periodic
IDFC Bond Fund Medium Term Plan Regular IDCW Periodic
IDFC Bond Fund Income Plan Direct IDCW Periodic
IDFC Bond Fund Income Plan Regular IDCW Periodic
IDFC Government Securities Investment Plan Direct IDCW Periodic
IDFC Government Securities Investment Regular IDCW Periodic
IDFC Dynamic Bond Fund Direct IDCW Periodic
IDFC Dynamic Bond Fund Regular IDCW Periodic
IDFC Corporate Bond Fund Regular Growth
IDFC Corporate Bond Fund Regular IDCW
IDFC Corporate Bond Fund Direct Growth
IDFC Corporate Bond Fund Direct IDCW
IDFC Corporate Bond Fund Direct IDCW Monthly
IDFC Corporate Bond Fund Direct IDCW Quarterly
IDFC Corporate Bond Fund Direct IDCW Half Yearly
IDFC Corporate Bond Fund Direct IDCW Yearly
IDFC Corporate Bond Fund Regular IDCW Monthly
IDFC Corporate Bond Fund Regular IDCW Half Yearly
IDFC Corporate Bond Fund Regular IDCW Yearly
IDFC Corporate Bond Fund Regular IDCW Quarterly
IDFC Bond Fund Short Term Plan Regular IDCW Quarterly
IDFC Bond Fund Short Term Plan Direct IDCW Quarterly
IDFC Bond Fund Short Term Plan Regular IDCW Yearly
IDFC Bond Fund Short Term Plan Direct IDCW Yearly
IDFC Floating Rate Fund Regular Growth
IDFC Floating Rate Fund Regular IDCW Quarterly
IDFC Floating Rate Fund Regular IDCW Monthly
IDFC Floating Rate Fund Regular IDCW Weekly
IDFC Floating Rate Fund Regular IDCW Periodic
IDFC Floating Rate Fund Regular IDCW Daily
IDFC Floating Rate Fund Direct Growth
IDFC Floating Rate Fund Direct IDCW Quarterly
IDFC Floating Rate Fund Direct IDCW Monthly
IDFC Floating Rate Fund Direct IDCW Daily
IDFC Floating Rate Fund Direct IDCW Periodic
IDFC Floating Rate Fund Direct IDCW Weekly
IDFC Floating Rate Fund Direct IDCW Yearly
IDFC Floating Rate Fund Regular IDCW Yearly
Nishita Doshi
Jul 2022 - Present
View details
Also manages these schemes
IDFC Equity Savings Fund Regular IDCW Monthly
IDFC Equity Savings Fund Regular Growth
IDFC Regular Savings Fund Regular IDCW Monthly
IDFC Regular Savings Fund Regular Growth
IDFC Regular Savings Fund Regular IDCW Quarterly
IDFC Equity Savings Fund Direct IDCW Monthly
IDFC Equity Savings Fund Direct Growth
IDFC Regular Savings Fund Direct Plan IDCW Monthly
IDFC Regular Savings Fund Direct Plan Growth
IDFC Regular Savings Fund Direct Plan IDCW Quarterly
IDFC Balanced Advantage Fund Regular IDCW
IDFC Balanced Advantage Fund Direct Growth
IDFC Balanced Advantage Fund Direct IDCW
IDFC Balanced Advantage Fund Regular Growth
IDFC Equity Savings Fund Direct IDCW Yearly
IDFC Equity Savings Fund Regular IDCW Yearly
IDFC Hybrid Equity Fund Regular Growth
IDFC Hybrid Equity Fund Direct Growth
IDFC Hybrid Equity Fund Direct IDCW
IDFC Hybrid Equity Fund Regular IDCW
IDFC Credit Risk Fund Direct Growth
IDFC Credit Risk Fund Direct IDCW Quarterly
IDFC Credit Risk Fund Direct IDCW Half Yearly
IDFC Credit Risk Fund Direct IDCW
IDFC Credit Risk Fund Regular IDCW Quarterly
IDFC Credit Risk Fund Regular IDCW Yearly
IDFC Credit Risk Fund Regular Growth
IDFC Credit Risk Fund Direct IDCW Yearly
IDFC Credit Risk Fund Regular IDCW Half Yearly
IDFC Credit Risk Fund Regular IDCW
IDFC Equity Savings Fund Direct IDCW Quarterly
IDFC Equity Savings Fund Regular IDCW Quarterly
IDFC Floating Rate Fund Regular Growth
IDFC Floating Rate Fund Regular IDCW Quarterly
IDFC Floating Rate Fund Regular IDCW Monthly
IDFC Floating Rate Fund Regular IDCW Weekly
IDFC Floating Rate Fund Regular IDCW Periodic
IDFC Floating Rate Fund Regular IDCW Daily
IDFC Floating Rate Fund Direct Growth
IDFC Floating Rate Fund Direct IDCW Quarterly
IDFC Floating Rate Fund Direct IDCW Monthly
IDFC Floating Rate Fund Direct IDCW Daily
IDFC Floating Rate Fund Direct IDCW Periodic
IDFC Floating Rate Fund Direct IDCW Weekly
IDFC Floating Rate Fund Direct IDCW Yearly
IDFC Floating Rate Fund Regular IDCW Yearly
IDFC US Equity FoF Regular IDCW
IDFC US Equity FoF Direct Growth
IDFC US Equity FoF Direct IDCW
IDFC US Equity FoF Regular Growth
IDFC Midcap Fund Direct IDCW
IDFC Midcap Fund Regular Growth
IDFC Midcap Fund Regular IDCW
IDFC Midcap Fund Direct Growth
IDFC Transportation and Logistics Fund Direct Growth
IDFC Transportation and Logistics Fund Regular Growth
IDFC Transportation and Logistics Fund Regular IDCW
IDFC Transportation and Logistics Fund Direct IDCW
Fund house & investment objective
IDFC Mutual Fund
Rank (total assets)#9 in India
Total AUM₹1,22,101.48Cr
Date of Incorporation20 Dec 1999
 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 20 Dec 1999. 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 ₹1,22,101 Cr and the Latest NAV as of 03 Feb 2023 is ₹10.42.
The IDFC Floating Rate Fund Direct IDCW Yearly is rated Low to Moderate risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹5,000.
;
Investment ObjectiveThe scheme seeks to generate returns by creating a portfolio that is primarily invested in floating rate instruments, including fixed rate instrument.
;
Fund benchmarkNIFTY Low Duration Debt Index
Scheme Information Document(SID)
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
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
www.camsonline.com
Compare funds
IDFC Floating Rate Fund Direct IDCW Yearly
VS
Add mutual fund to compare

	3M	6M	1Y	All
Fund returns	1.6%	2.9%	4.2%	7.9%
Category average	NA	NA	4.5%	NA
Rank with in category	4	11	8	NA

Name	Sector	Instrument	Assets
GOI	Sovereign	GOI Sec	16.4%
Export-Import Bank Of India	Financial	CD	13.7%
State Bank of India	Financial	CD	13.6%
HDFC Bank Ltd.	Financial	CD	11.4%
Kotak Mahindra Bank Ltd.	Financial	CD	6.8%
Axis Bank Ltd.	Financial	CD	6.8%
ICICI Bank Ltd.	Financial	CD	6.7%
Housing Development Finance Corporation Ltd.	Financial	CP	5.1%
REC Ltd.	Financial	NCD	4.2%
REC Ltd.	Financial	Debenture	4.2%

Rank (total assets)	#9 in India
Total AUM	₹1,22,101.48Cr

Date of Incorporation	20 Dec 1999

Fund benchmark	NIFTY Low Duration Debt Index

Vaishnavi Tech Park, 3rd Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
Contact Us
PRODUCTS
StocksFutures & OptionsMutual FundsUS Stocks
GROWW
About UsPricingBlogMedia & PressCareersHelp and Support
QUICK LINKS
AMC Mutual FundsCalculatorsGlossaryOpen Demat AccountGroww DigestGroww AcademySitemap
ⓒ 2016-2023 Groww. All rights reserved, Built with ♥in India

Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	NA

Rating	2
Fund size	₹349.08Cr

IDFC Floating Rate Fund Direct IDCW Yearly

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (14)

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.34%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Suyash ChoudharyJul 2021 - PresentView details

Nishita DoshiJul 2022 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Suyash Choudhary
Jul 2021 - Present
View details

Nishita Doshi
Jul 2022 - Present
View details