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IDFC Floating Rate Fund Direct Growth+0.08%

0.00%
1 Year Return
Debt
Floater
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Fund Details

IDFC Floating Rate Fund Direct Growth

RiskModerate
Min SIP Amount₹1000
Expense Ratio0.27%
NAV₹10.06 (19 Apr 2021)
Fund Started17 Feb 2021
Fund Size585 Cr

Comparison

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Pros
Found nothing so far.
Cons
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Top Holdings

NameSectorInstrument% Assets
Axis Bank Ltd.FinancialFRD12.0%
National Bank For Agriculture & Rural DevelopmentFinancialCP11.6%
REC Ltd.FinancialNCD8.9%
L&T Finance Ltd.FinancialDebenture8.9%
Housing Development Finance Corpn. Ltd.FinancialDebenture6.0%
Indusind Bank Ltd.FinancialCD5.9%
Power Finance Corpn. Ltd.FinancialDebenture5.3%
Federal Bank Ltd.FinancialCD5.1%
LIC Housing Finance Ltd.FinancialDebenture4.3%
RBL Bank Ltd.FinancialCD4.3%
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Fund Managers

Anurag Mittal
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IDFC Floating Rate Fund Direct Growth Details

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.

Investment Objective

The scheme seeks to generate returns by creating a portfolio that is primarily invested in floating rate instruments, including fixed rate instrument.

Tax Implications

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Scheme Information Document(SID)

₹5000
Min for First Investment
₹5000
Min for Second Investment
Nil
Exit Load

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IDFC Floating Rate Fund Direct Growth
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About IDFC Mutual Fund

Address
OneIndiaBulls Centre, 841 Jupiter Mills Compound, Senapati Bapat Marg, Elphinstone Road (West), Mumbai 400013
Phone
022-66289999
Launch Date
13 Mar 2000
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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