IDFC Banking & PSU Debt Fund
Core Bucket
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 Core Bucket
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
: ₹ 13,673.59 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.
: ₹ 13,996.66 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.
:
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. | 2.78% |
| Modified Duration
Modified duration is the price sensitivity and the percentage change in price for a unit change in yield | 2.54 years |
| Average Maturity | 3.02 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. | 6.56% |
| Expense Ratio | |
| Regular | 0.65% |
| 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
:
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 | - | 17.6317 |
| Regular Plan | Dividend | - | 12.8268 |
| Regular Plan | Dividend | Fortnightly | 10.5997 |
| Regular Plan | Dividend | Daily | 10.6957 |
| Regular Plan | Dividend | Monthly | 10.7623 |
| Regular Plan | Dividend | Quarterly | 10.8913 |
| Regular Plan | Dividend | Annual | 11.2624 |
| Name | Rating | % of NAV |
| Corporate Bond | 89.65% | |
| NABARD | AAA | 11.24% |
| LIC Housing Finance | AAA | 9.15% |
| Power Finance Corporation | AAA | 8.14% |
| Hindustan Petroleum Corporation | AAA | 6.03% |
| National Highways Auth of Ind | AAA | 5.95% |
| Axis Bank | AAA | 5.72% |
| National Housing Bank | AAA | 5.51% |
| REC | AAA | 5.33% |
| Indian Railway Finance Corporation | AAA | 5.15% |
| Small Industries Dev Bank of India | AAA | 4.70% |
| Export Import Bank of India | AAA | 4.38% |
| Power Grid Corporation of India | AAA | 3.05% |
| ICICI Bank | AAA | 2.66% |
| Housing & Urban Development Corporation | AAA | 2.13% |
| Bharat Petroleum Corporation | AAA | 2.05% |
| HDFC | AAA | 1.60% |
| NTPC | AAA | 1.56% |
| NHPC | AAA | 1.23% |
| Reliance Industries | AAA | 1.18% |
| Kotak Mahindra Prime | AAA | 1.07% |
| Bajaj Finance | AAA | 0.96% |
| HDB Financial Services | AAA | 0.69% |
| Sundaram Finance | AAA | 0.14% |
| Tata Sons Private | AAA | 0.03% |
| Zero Coupon Bond | 4.12% | |
| Sundaram Finance | AAA | 1.82% |
| HDB Financial Services | AAA | 1.22% |
| LIC Housing Finance | AAA | 0.72% |
| Bajaj Finance | AAA | 0.36% |
| Certificate of Deposit | 3.43% | |
| Small Industries Dev Bank of India | A1+ | 1.18% |
| ICICI Bank | A1+ | 1.16% |
| Axis Bank | A1+ | 0.53% |
| Bank of Baroda | A1+ | 0.36% |
| Kotak Mahindra Bank | A1+ | 0.20% |
| Commercial Paper | 0.18% | |
| Indian Oil Corporation | A1+ | 0.18% |
| State Government Bond | 0.10% | |
| 8.23% Rajasthan SDL - 2025 | SOV | 0.08% |
| 8.48% Tamilnadu SDL - 2023 | SOV | 0.02% |
| 8.10% Tamil Nadu SDL - 2023 | SOV | 0.004% |
| Net Cash and Cash Equivalent | 2.52% | |
| Grand Total | 100.00% |
Performance based on NAV as on 28/02/2020 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 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.
