IDFC Bond Fund Income Plan Direct Growth is a Debt Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Suyash Choudhary is the Current Fund Manager of IDFC Bond Fund Income Plan Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹669 Cr and the Latest NAV as of 11 Oct 2019 is ₹50.16.
The IDFC Bond Fund Income Plan Direct Growth is rated Moderate risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days.
Investment Objective
To seek to generate stable long term returns with a low risk strategy by creating a portfolio that is invested in good quality fixed income and money market securities.
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
₹1000
Min for Second Investment
For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days
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