IDFC Banking & PSU Debt Fund
An open ended debt scheme predominantly investing in debt instruments of banks,
Public Sector Undertakings, Public Financial Institutions and Municipal Bonds
31st January 2019
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IDFC Banking & PSU Debt Fund
An open ended debt scheme predominantly investing in debt instruments of banks,
Public Sector Undertakings, Public Financial Institutions and Municipal Bonds
31st January 2019
FUND FEATURES
Category: Banking and PSU
Monthly Avg AUM: ₹ 2,221.95 Crores
Monthly end AUM: ₹ 2,444.70 Crores
Inception Date: 7 March 2013
Fund Manager:
Mr. Anurag Mittal (w.e.f. 15th May 2017)
Other Parameter:
| Standard Deviation (Annualized) | 2.12% |
| Modified Duration | 3.20 years |
| Average Maturity | 4.01 years |
| Yield to Maturity | 8.39% |
| Expense Ratio | |
| Regular | 0.49% |
| Direct | 0.31% |
SIP (Minimum Amount): ₹ 1000/-
SIP Frequency: Monthly
SIP Dates (Monthly): Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment.
Investment Objective: Click here
Minimum Investment Amount : ₹ 5000/- and any amount thereafter
Option Available: Growth, Dividend - Daily, Fortnightly, Monthly (Reinvestment), Quarterly (Payout), Annual (Payout) & Periodic
Exit Load: Nil (w.e.f. June 12th 2017)
NAV (₹)
| Plan | Option | Freq | NAV |
| Regular Plan | Growth | - | 15.6364 |
| Regular Plan | Dividend | - | 11.3749 |
| Regular Plan | Dividend | Fortnightly | 10.1933 |
| Regular Plan | Dividend | Daily | 10.1044 |
| Regular Plan | Dividend | Monthly | 10.1607 |
| Regular Plan | Dividend | Quarterly | 10.6870 |
| Regular Plan | Dividend | Annual | 10.6292 |
PORTFOLIO
| Name | Rating | % of NAV |
| Corporate Bond | 95.29% | |
| NABARD | AAA | 11.75% |
| Housing & Urban Development Corporation | AAA | 9.31% |
| Power Grid Corporation of India | AAA | 9.20% |
| LIC Housing Finance | AAA | 8.99% |
| Axis Bank | AAA | 8.29% |
| Export Import Bank of India | AAA | 7.86% |
| ICICI Bank | AAA | 7.17% |
| REC | AAA | 7.12% |
| HDFC | AAA | 7.03% |
| Power Finance Corporation | AAA | 6.95% |
| National Highways Auth of Ind | AAA | 4.58% |
| Small Industries Dev Bank of India | AAA | 2.29% |
| NHPC | AAA | 1.63% |
| Bharat Petroleum Corporation | AAA | 1.01% |
| Reliance Industries | AAA | 0.78% |
| NTPC | AAA | 0.63% |
| Indian Railway Finance Corporation | AAA | 0.40% |
| National Housing Bank | AAA | 0.20% |
| Tata Sons Private | AAA | 0.08% |
| Zero Coupon Bond | 2.32% | |
| LIC Housing Finance | AAA | 1.48% |
| HDB Financial Services | AAA | 0.84% |
| State Government Bond | 0.09% | |
| 8.48% Tamilnadu SDL - 2023 | SOV | 0.09% |
| Net Cash and Cash Equivalent | 2.30% | |
| Grand Total | 100.00% |
Asset Allocation
Asset Quality
PERFORMANCE TABLE
Current Index performance adjusted for the period from since inception to June 12, 2017 with the performance of CRISIL
Short Term Bond Fund Index (Benchmark) & 1 Year T-Bill (Alternate Benchmark)
Performance based on NAV as on 31/01/2019. Past performance may or may not be sustained in future.
The performances given are of regular plan growth option.
Click here for other funds managed by the fund manager and refer to the respective fund pages
#Benchmark Returns. ##Alternate Benchmark Returns. Standard Deviation calculated on the basis of 1 year history of monthly data Current Index performance adjusted for the period from since
inception to June 12, 2017 with the performance of CRISIL Liquid Fund Index (Benchmark)
*Inception Date of Regular Plan - Growth Mar 07, 2013.
The Fund (erstwhile IDFC Banking Debt Fund) has been repositioned with effect from June 12, 2017.
RISKOMETER
- To generate optimal returns over short to medium term.
- Investments predominantly in debt & money market instruments issued by PSU, Banks & PFI.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc.
