|Min SIP Amount||₹1000|
|NAV||₹10.06 (19 Apr 2021)|
|Fund Started||17 Feb 2021|
|Fund Size||₹585 Cr|
|Axis Bank Ltd.||Financial||FRD||12.0%|
|National Bank For Agriculture & Rural Development||Financial||CP||11.6%|
|L&T Finance Ltd.||Financial||Debenture||8.9%|
|Housing Development Finance Corpn. Ltd.||Financial||Debenture||6.0%|
|Indusind Bank Ltd.||Financial||CD||5.9%|
|Power Finance Corpn. Ltd.||Financial||Debenture||5.3%|
|Federal Bank Ltd.||Financial||CD||5.1%|
|LIC Housing Finance Ltd.||Financial||Debenture||4.3%|
|RBL Bank Ltd.||Financial||CD||4.3%|
IDFC Floating Rate Fund Direct Growth is a Debt Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was made available to investors on 17 Feb 2021. Anurag Mittal is the Current Fund Manager of IDFC Floating Rate Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹585 Cr and the Latest NAV as of 19 Apr 2021 is ₹10.06.
The IDFC Floating Rate Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
The scheme seeks to generate returns by creating a portfolio that is primarily invested in floating rate instruments, including fixed rate instrument.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.