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Best IDBI Debt Mutual Funds

Set up in January 2010, IDBI Asset Management is 66.67% owned by IDBI Bank, while the remaining 33.33% is owned by IDBI Capital Market & Securities Ltd. As of 31st March 2021, this AMC had assets under management (AUM) of Rs.4120 crore. 

This AMC presently offers over 20 mutual fund schemes including debt, equity and hybrid categories. This includes the best IDBI debt mutual funds.

A debt mutual fund or a fixed income fund is a particular scheme of mutual fund, which makes investments in fixed-income instruments. This includes corporate debt securities, money market instruments, government and corporate bonds, etc. Investments in such sectors reduce the risk factor significantly for investors. This is a comparatively stable investment avenue for generating wealth.

The top IDBI debt mutual funds generate returns for the investors by making investments in fixed income securities. The investments are made depending on the credit ratings of the securities or based on their maturity periods. Fund managers allocate resources pertaining to the fund sub-type. Usually, there are 16 categories of debt funds premised on those two factors. 

There are several benefits of investing in the best IDBI debt mutual fund 2022, including low cost structure, comparatively stable returns, reasonable safety, and relatively high liquidity.

The current mutual fund scheme offering of this AMC includes more than 5 debt fund schemes.

Taxability

Besides having an idea about the above-mentioned facts regarding the best IDBI debt mutual fund, investors must know about their taxability:

The capital gains generated through the sale of the best IDBI debt mutual funds are applicable for taxation. The taxation rate on capital gains of debt mutual funds is dependent on the holding period.

Long-term Capital Gains Tax: If an investor sells his or her investment of a debt fund after a holding period of 36 months, then capital gains generated from those transactions are termed long-term capital gains or LTCG. These gains are taxed at the LTCG tax rate, which is currently 20% with indexation.

Short-term Capital Gains Tax: If an investor sells the investment of a debt fund at a holding period of less than 36 months, then capital gains generated from those transactions are termed short-term capital gains or STCG. These gains are taxed at the STCG tax rate. For debt mutual funds, this taxation is done according to the tax slab of the individual. For instance, if the taxpayer is eligible for an income tax slab of 20%, then the debt mutual fund would also attract the same rate of 20%.

TDS: Investors must note that there is no tax deducted at source while selling or redeeming these units. Therefore, the AMC releases the entire capital gains to the investor, without any tax deductions from their end.

Factors to Consider Before Investing

In addition to this taxability section, investors must consider some other parameters while investing in the best IDBI debt mutual funds.

Risk: The risk factor associated with the best IDBI debt mutual funds is more than that involved with bank fixed deposits because these debt funds are subjected to interest rate risk and credit risk. The bond prices might reduce because of an increase in interest rate. On the other hand, in credit risk, a fund manager might invest in securities that are low credit rated and come with a greater default probability.

Return: Though debt mutual funds invest in fixed income securities, they do not commit guaranteed returns. With an increase in the overall rate of interest in the economy, the NAV of these funds tends to reduce. Therefore, these funds are ideal for a falling rate of interest regime.

Expense ratio: Fund managers of debt funds charge a certain amount of fees from an investor for managing the money. This charged fee is known as the expense ratio.

Experience of a fund manager: The experience of a fund manager in managing debt schemes can be a determining factor as to whether a debt fund scheme would prove to be profitable for an investor or not. Competent fund managers make accurate market predictions and take actions promptly for maximising gains and minimising losses.

Past performance of the fund: Though a fund’s past performance does not indicate probable future outcomes, it can provide valuable insights regarding the market, which can help make informed decisions.

Investing might prove to be a daunting task for first-time investors. However, having basic knowledge about debt mutual funds and referring to this article as a guide would prove to be highly helpful for them in choosing a suitable fund among the best IDBI debt mutual funds.

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List of Idbi Mutual Funds in India

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
IDBI Small Cap FundEquityVery High14.8%3₹134
IDBI Nifty Junior Index FundOtherVery High2.5%2₹56
IDBI Liquid FundDebtModerate3.5%5₹804
IDBI Equity Advantage FundEquityVery High6.2%2₹495
IDBI Hybrid Equity FundHybridVery High3.4%2₹189
IDBI Nifty Index FundOtherVery High6.9%3₹211
IDBI Midcap FundEquityVery High0.1%2₹193
IDBI Focused 30 Equity FundEquityVery High9.2%4₹132
IDBI India Top 100 Equity FundEquityVery High8.4%4₹574
IDBI Flexi Cap FundEquityVery High10.7%4₹381
IDBI Gold FundOtherHigh6.1%5₹41
IDBI Short Term Bond FundDebtModerate10.9%3₹33
IDBI Ultra Short Term FundDebtModerate4.2%1₹260
IDBI Equity Savings FundHybridModerately High3.2%3₹12
IDBI Dynamic Bond FundDebtModerate2.8%4₹19
View All

Let's have a closer look

Now let us jump and check about these top 10 mutual fund schemes.

IDBI Small Cap Fund Direct Growth

Fund Performance: The IDBI Small Cap Fund belongs to the Equity category of IDBI Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in IDBI Small Cap Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹134Cr
1Y Returns14.8%

IDBI Nifty Junior Index Fund Direct Growth

Fund Performance: The IDBI Nifty Junior Index Fund has given 11.41% annualized returns in the past three years and 8.09% in the last 5 years. The IDBI Nifty Junior Index Fund belongs to the Other category of IDBI Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in IDBI Nifty Junior Index Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹56Cr
1Y Returns2.5%

IDBI Liquid Fund Direct Growth

Fund Performance: The IDBI Liquid Fund has given 4.39% annualized returns in the past three years and 5.55% in the last 5 years. The IDBI Liquid Fund belongs to the Debt category of IDBI Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in IDBI Liquid Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹804Cr
1Y Returns3.5%

IDBI Equity Advantage Fund Direct Growth

Fund Performance: The IDBI Equity Advantage Fund has given 11.43% annualized returns in the past three years and 9.47% in the last 5 years. The IDBI Equity Advantage Fund belongs to the Equity category of IDBI Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in IDBI Equity Advantage Fund via lump sum is ₹500 and via SIP is ₹500.

Min Investment Amt₹500
AUM₹495Cr
1Y Returns6.2%

IDBI Hybrid Equity Fund Direct Growth

Fund Performance: The IDBI Hybrid Equity Fund has given 9.41% annualized returns in the past three years and 6.85% in the last 5 years. The IDBI Hybrid Equity Fund belongs to the Hybrid category of IDBI Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in IDBI Hybrid Equity Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹189Cr
1Y Returns3.4%

IDBI Nifty Index Fund Direct Growth

Fund Performance: The IDBI Nifty Index Fund has given 11.64% annualized returns in the past three years and 11.77% in the last 5 years. The IDBI Nifty Index Fund belongs to the Other category of IDBI Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in IDBI Nifty Index Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹211Cr
1Y Returns6.9%

IDBI Midcap Fund Direct Growth

Fund Performance: The IDBI Midcap Fund has given 13.35% annualized returns in the past three years and 8.38% in the last 5 years. The IDBI Midcap Fund belongs to the Equity category of IDBI Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in IDBI Midcap Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹193Cr
1Y Returns0.1%

IDBI Focused 30 Equity Fund Direct Growth

Fund Performance: The IDBI Focused 30 Equity Fund belongs to the Equity category of IDBI Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in IDBI Focused 30 Equity Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹132Cr
1Y Returns9.2%

IDBI India Top 100 Equity Fund Direct Growth

Fund Performance: The IDBI India Top 100 Equity Fund has given 15.45% annualized returns in the past three years and 10.93% in the last 5 years. The IDBI India Top 100 Equity Fund belongs to the Equity category of IDBI Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in IDBI India Top 100 Equity Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹574Cr
1Y Returns8.4%

IDBI Flexi Cap Fund Direct Growth

Fund Performance: The IDBI Flexi Cap Fund has given 16.08% annualized returns in the past three years and 12.06% in the last 5 years. The IDBI Flexi Cap Fund belongs to the Equity category of IDBI Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in IDBI Flexi Cap Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹381Cr
1Y Returns10.7%

IDBI Gold Direct Growth

Fund Performance: The IDBI Gold Fund has given 15.9% annualized returns in the past three years and 10.38% in the last 5 years. The IDBI Gold Fund belongs to the Other category of IDBI Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in IDBI Gold Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹41Cr
1Y Returns6.1%

IDBI Short Term Bond Fund Direct Growth

Fund Performance: The IDBI Short Term Bond Fund has given 6.69% annualized returns in the past three years and 7.03% in the last 5 years. The IDBI Short Term Bond Fund belongs to the Debt category of IDBI Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in IDBI Short Term Bond Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹33Cr
1Y Returns10.9%

IDBI Ultra Short Term Fund Direct Growth

Fund Performance: The IDBI Ultra Short Term Fund has given 5.73% annualized returns in the past three years and 6.05% in the last 5 years. The IDBI Ultra Short Term Fund belongs to the Debt category of IDBI Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in IDBI Ultra Short Term Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹260Cr
1Y Returns4.2%

IDBI Equity Savings Fund Direct Growth

Fund Performance: The IDBI Equity Savings Fund has given 8.27% annualized returns in the past three years and 6.57% in the last 5 years. The IDBI Equity Savings Fund belongs to the Hybrid category of IDBI Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in IDBI Equity Savings Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹12Cr
1Y Returns3.2%

IDBI Dynamic Bond Fund Direct Growth

Fund Performance: The IDBI Dynamic Bond Fund has given 5.95% annualized returns in the past three years and 5.61% in the last 5 years. The IDBI Dynamic Bond Fund belongs to the Debt category of IDBI Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in IDBI Dynamic Bond Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹19Cr
1Y Returns2.8%

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