IDFC Credit Risk Fund

(previously known as IDFC Credit Opportunities Fund)
An open ended debt scheme predominantly investing in AA and below rated corporate bonds
31st January 2019

IDFC Credit Risk Fund

(previously known as IDFC Credit Opportunities Fund)
An open ended debt scheme predominantly investing in AA and below rated corporate bonds
31st January 2019


     FUND FEATURES

About the Fund: IDFC Credit Risk Fund aims to provide an optimal risk-reward profile to investors by focusing on companies with well-run management and evolving business prospects or good businesses with improving financial profile.
Category: Credit Risk
Monthly Avg AUM: ₹ 1,207.91 Crores
Monthly end AUM: ₹ 1,206.82 Crores
Inception Date: 03 March 2017
Fund Manager:
Mr. Arvind Subramanian (w.e.f. 03rd March 2017) and Khushboo Sharma (w.e.f. 15th May 2017)
Other Parameter:
Standard Deviation (Annualized) 1.75%
Modified Duration 1.86 years
Average Maturity 2.40 years
Yield to Maturity9.22%
Expense Ratio
Regular1.27%
Direct0.57%
Benchmark: 80% CRISIL AA Medium Term Bond Index + 20% CRISIL AAA Short Term Bond Index
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 installment.
Investment Objective: Click here
Minimum Investment Amount : ₹ 5000/- and any amount thereafter
Option Available: Growth & Dividend (Payout, Reinvestment & Sweep facility)
Exit Load: 1% if redeemed/switched out within 365 days from the date of allotment
NAV (₹)
Plan Option Freq NAV
Regular Plan Growth- 11.1414
Regular Plan Dividend Periodic 11.1414
Regular Plan Dividend Annual 10.5215
Regular Plan Dividend Half Yearly 10.4132
Regular Plan Dividend Quarterly 10.2237

     PORTFOLIO

Name Rating% of NAV
Corporate Bond 92.68%
IndusInd Bank AA 9.27%
Piramal Enterprises AA 6.18%
Tata Housing Development Company AA 6.11%
Power Finance Corporation AAA 6.08%
Reliance Industries AAA 5.77%
Axis Bank AA+ 5.20%
Afcons Infrastructure AA 4.47%
IndoStar Capital Finance AA- 4.12%
REC AAA 4.02%
*Walwhan Renewable Energy AA(SO) 3.98%
Hindalco Industries AA 3.77%
IIFL Home Finance AA 3.68%
Mahindra Rural Housing Finance AA+ 3.29%
Small Industries Dev Bank of India AAA 2.50%
Tata Power Company AA- 2.50%
NABARD AAA 2.47%
Tata Power Company AA 2.40%
Tata Motors AA 2.09%
Vedanta AA 2.06%
Vodafone Idea AA 2.05%
L & T Housing Finance AAA 2.04%
*Tata Power Renewable Energy AA(SO) 2.00%
Indiabulls Housing Finance AAA 1.66%
Sundaram BNP Paribas Home Finance AA+ 1.66%
JM Financial Credit Solution AA 1.65%
Tata Steel AA 1.24%
Indian Railway Finance Corporation AAA 0.42%
Net Cash and Cash Equivalent 7.32%
Grand Total 100.00%
*Corporate Guarantee from Tata Power

     Maturity Bucket

     Asset Quality

     Asset Allocation

     PERFORMANCE TABLE


The scheme has been in existence for more than 1 year but less than 3 years.
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.
Past performance may or may not be sustained in future.
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
*Inception Date of Regular Plan - Growth Mar 3, 2017.


     RISKOMETER

  • To generate optimal returns over medium to long term.
  • To predominantly invest in a portfolio of corporate debt securities across the credit spectrum.

*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.