IDFC Floating Rate Fund Direct Growth

Debt
Floater
Low to Moderate Risk
0.15%
1M return
+0.07% 1D
1M
6M
1Y
All
NAV: 30 Sep 2022₹10.62
Min. SIP amount₹1,000
RatingNA
Fund size₹609.50Cr

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 returns1.3%1.5%3.4%6.2%
Category averageNANA3.1%NA
Rank with in category997NA
Understand terms

Holdings (14)

NameSectorInstrumentAssets
GOI
SovereignGOI Sec18.1%
Axis Bank Ltd.
FinancialCD12.8%
Canara Bank
FinancialCD12.1%
Small Industries Devp. Bank of India Ltd.
FinancialCP11.9%
Export-Import Bank Of India
FinancialCD11.5%
REC Ltd.FinancialNCD9.1%
National Bank For Agriculture & Rural DevelopmentFinancialDebenture4.1%
Kotak Mahindra Bank Ltd.
FinancialCD4.0%
HDFC Bank Ltd.
FinancialCD4.0%
REC Ltd.FinancialNCD2.4%
See All

Expense ratio, exit load and tax

Expense ratio: 0.35%

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 onwards₹5,000
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

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,

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