|Min SIP Amount||₹1000|
|NAV||₹56.93 (20 Jan 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹705 Cr|
IDFC Bond Fund Income Plan Direct Growth is a Debt Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Suyash Choudhary is the Current Fund Manager of IDFC Bond Fund Income Plan Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹705 Cr and the Latest NAV as of 20 Jan 2021 is ₹56.93.
The IDFC Bond Fund Income Plan Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days
The scheme seeks to invest in a diversified set of debt and money market securities with the aim of generating optimal returns over long term such that the Macaulay duration of the portfolio is greater than 7 years.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.