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
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
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Category: Banking and PSU
: ₹ 4,660.91 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.
: ₹ 5,098.77 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.
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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.
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. | 2.42% |
| 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. | 3.05 years |
| Average Maturity | 3.79 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. | 8.15% |
| Expense Ratio | |
| Regular | 0.55% |
| Direct | 0.30% |
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, Monthly (Reinvestment), Quarterly (Payout), Annual (Payout) & Periodic
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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.
NAV (₹)
| Plan | Option | Freq | NAV |
| Regular Plan | Growth | - | 16.0173 |
| Regular Plan | Dividend | - | 11.6522 |
| Regular Plan | Dividend | Fortnightly | 10.2131 |
| Regular Plan | Dividend | Daily | 10.1512 |
| Regular Plan | Dividend | Monthly | 10.2899 |
| Regular Plan | Dividend | Quarterly | 10.6510 |
| Regular Plan | Dividend | Annual | 10.2278 |
| Name | Rating | % of NAV |
| Corporate Bond | 91.52% | |
| NABARD | AAA | 11.61% |
| Axis Bank | AAA | 9.47% |
| Indian Railway Finance Corporation | AAA | 8.69% |
| Export Import Bank of India | AAA | 8.26% |
| Power Finance Corporation | AAA | 8.11% |
| REC | AAA | 6.13% |
| Reliance Industries | AAA | 6.09% |
| Power Grid Corporation of India | AAA | 5.93% |
| Housing & Urban Development Corporation | AAA | 5.69% |
| LIC Housing Finance | AAA | 5.42% |
| Bharat Petroleum Corporation | AAA | 3.73% |
| ICICI Bank | AAA | 3.56% |
| Small Industries Dev Bank of India | AAA | 2.70% |
| HDFC | AAA | 1.88% |
| National Highways Auth of Ind | AAA | 1.34% |
| NTPC | AAA | 1.12% |
| NHPC | AAA | 1.09% |
| Bajaj Finance | AAA | 0.39% |
| Larsen & Toubro | AAA | 0.29% |
| Tata Sons Private | AAA | 0.04% |
| Zero Coupon Bond | 4.61% | |
| HDB Financial Services | AAA | 2.85% |
| Sundaram Finance | AAA | 0.99% |
| LIC Housing Finance | AAA | 0.77% |
| State Government Bond | 0.31% | |
| 8.10% TAMIL NADU SDL - 2023 | SOV | 0.27% |
| 8.48% Tamilnadu SDL - 2023 | SOV | 0.04% |
| Certificate of Deposit | 0.27% | |
| Small Industries Dev Bank of India | A1+ | 0.27% |
| Net Cash and Cash Equivalent | 3.29% | |
| Grand Total | 100.00% |
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 30/04/2019. 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.
- 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.
