IDFC Bond Fund - Medium Term Plan

(previously known as IDFC Super Saver Income Fund - Medium Term Plan)
An open ended medium term debt scheme investing in instruments such that the Macaulay
duration of the portfolio is between 3 years and 4 years

31st May 2019

IDFC Bond Fund - Medium Term Plan

(previously known as IDFC Super Saver Income Fund - Medium Term Plan)
An open ended medium term debt scheme investing in instruments such that the Macaulay
duration of the portfolio is between 3 years and 4 years

31st May 2019

About the Fund: The fund is positioned in the short term fund category and invests in a mix of debt and money market instruments. The overall average maturity of the fund will ordinarily not exceed around 4 years. MT is best suited for investors who want moderate participation. The around 4 year average maturity cap makes the fund well suited to offer lower volatility yet benefit from potential fall in interest rates.
Category: Medium Duration
Monthly Avg AUM : ₹ 2,374.43 Crores

AUM or assets under management refers to the recent / updated cumulative market value of investments managed by a mutual fund or any investment firm.

Monthly end AUM : ₹ 2,421.00 Crores

AUM or assets under management refers to the recent / updated cumulative market value of investments managed by a mutual fund or any investment firm.

Inception Date: 8 July 2003
Fund Manager :

An employee of the asset management company such as a mutual fund or life insurer, who manages investments of the scheme. He is usually part of a larger team of fund managers and research analysts.

Mr. Suyash Choudhary (w.e.f. 15th September 2015)
Other Parameter:
Standard Deviation (Annualized)

Standard deviation is a statistical measure of the range of an investment's performance. When a mutual fund has a high standard deviation, its means its range of performance is wide, implying greater volatility.

1.95%
Modified Duration

The Yield to Maturity or the YTM is the rate of return anticipated on a bond if held until maturity. YTM is expressed as an annual rate. The YTM factors in the bond's current market price, par value, coupon interest rate and time to maturity.

 2.80 years
Average Maturity 3.93 years
Yield to Maturity

The Yield to Maturity or the YTM is the rate of return anticipated on a bond if held until maturity. YTM is expressed as an annual rate. The YTM factors in the bond's current market price, par value, coupon interest rate and time to maturity.

7.63%
Expense Ratio
Regular1.41%
Direct0.79%
Benchmark: CRISIL Short Term Bond Fund Index
SIP (Minimum Amount): ₹ 1,000/-
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 : ₹ 5,000/- and any amount thereafter
Option Available: Growth, Dividend - Daily, Fortnightly (Payout & Reinvestment), Monthly, Bi - Monthly (once in two months), Quarterly & Periodic
Exit Load :

Exit load is charged at the time an investor redeems the units of a mutual fund. The exit load is deducted from the prevailing NAV at the time of redemption. For instance, if the NAV is ₹ 100 and the exit load is 1%, the redemption price would be ₹ 99 per unit.

NIL (w.e.f. 15th January 2019)
NAV (₹)
Plan Option Freq NAV
Regular Plan Growth - 31.7347
Regular Plan Dividend BiMonthly 11.8977
Regular Plan Dividend Fortnightly 10.1821
Regular Plan Dividend Monthly 10.1881
Regular Plan Dividend Daily 10.2092
Regular Plan Dividend Quarterly 11.0647
Regular Plan Dividend Periodic 14.4915


NameRating% of NAV
Corporate Bond 73.81%
NABARD AAA 11.34%
National Highways Auth of Ind AAA 9.96%
Reliance Industries AAA 9.71%
REC AAA 9.68%
Indian Railway Finance Corporation AAA 9.10%
Power Finance Corporation AAA 8.27%
Bajaj Finance AAA 5.35%
HDFC AAA 3.56%
HDB Financial Services AAA 3.07%
NTPC AAA 2.96%
LIC Housing Finance AAA 0.83%
Certificate of Deposit 7.58%
Axis Bank A1+ 6.58%
ICICI Bank A1+ 1.00%
Commercial Paper 6.95%
HDFC A1+ 5.99%
HDB Financial Services A1+ 0.96%
Government Bond 4.71%
7.32% - 2024 G-Sec SOV 2.40%
7.35% - 2024 G-Sec SOV 2.31%
State Government Bond 3.06%
8.14% Tamil nadu SDL - 2025 SOV 1.69%
9.01% Gujarat SDL - 2024 SOV 1.10%
8.32% Karnataka SDL - 2029 SOV0.15%
8.37% Tamil Nadu SDL - 2028 SOV 0.08%
8.3% Gujarat SDL - 2029 SOV 0.04%
8.25% Andhra Pradesh SDL - 2023 SOV 0.001%
8.68% Gujarat SDL - 2023 SOV 0.0002%
Zero Coupon Bond 1.01%
Bajaj Finance AAA 1.01%
Net Cash and Cash Equivalent 2.88%
Grand Total 100.00%






Performance based on NAV as on 31/05/2019. 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
*Inception Date of Regular Plan - Growth Jul 08, 2003.


  • To generate optimal returns over medium term.
  • Investments in Debt & Money Market securities such that the Macaulay duration of the portfolio is between 3 years and 4 years.

* 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.
Gsec/SDL yields have been annualized wherever applicable