IDFC Corporate Bond Fund Core Bucket

An open ended debt scheme predominantly investing in AA+ and above rated corporate bonds.

28th February 2021

IDFC Corporate Bond Fund Core Bucket

An open ended debt scheme predominantly investing in AA+ and above rated corporate bonds.

28th February 2021

About the Fund: The fund focuses on delivering returns through investment in the corporate bond segment.
Category: Corporate Bond
Monthly Avg AUM : ₹ 22,890.72 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 : ₹ 22,810.18 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: 12 January 2016
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. Anurag Mittal (w.e.f. 12th January 2016)
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.

3.48%
Modified Duration

Modified duration is the price sensitivity and the percentage change in price for a unit change in yield

2.57 years
Average Maturity 2.98 years
Macaulay Duration 2.69 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.

5.56%
Total Expense Ratio
Regular0.58%
Direct0.27%
Benchmark: NIFTY AAA Short Duration Bond Index (with effect from November 11, 2019)
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 Option - Payout, Reinvestment & Sweep and Monthly, Quarterly, Half Yearly, Annual & 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
NAV (₹) as on February 26, 2021
Plan Option Freq NAV
Regular Plan Growth - 14.8792
Regular Plan Dividend - N.A
Regular Plan Dividend Periodic 11.2050
Regular Plan Dividend Monthly 10.4918
Regular Plan Dividend Half Yearly 10.8870
Regular Plan Dividend Quarterly 10.3251
Regular Plan Dividend Annual 11.2048


NameRating% of NAV
Corporate Bond 69.54%
NABARD AAA 9.70%
HDFC AAA 8.82%
LIC Housing Finance AAA 8.58%
REC AAA 8.27%
Reliance Industries AAA 8.18%
Power Finance Corporation AAA 5.28%
Larsen & Toubro AAA 4.79%
National Housing Bank AAA 4.29%
Hindustan Petroleum Corporation AAA 2.71%
Indian Railway Finance Corporation AAA 1.62%
Indian Oil Corporation AAA 1.34%
Axis Bank AAA 1.30%
UltraTech Cement AAA 1.27%
ICICI Bank AAA 1.11%
Mahindra & Mahindra AAA 0.90%
Small Industries Dev Bank of India AAA 0.49%
Power Grid Corporation of India AAA 0.35%
Export Import Bank of India AAA 0.29%
NTPC AAA 0.14%
National Highways Auth of Ind AAA 0.07%
HDB Financial Services AAA 0.04%
Government Bond 18.59%
5.22% - 2025 G-Sec SOV 13.89%
7.32% - 2024 G-Sec SOV 4.47%
7.16% - 2023 G-Sec SOV 0.23%
State Government Bond 7.41%
7.93% Chattisgarh SDL - 2024 SOV 1.00%
8.08% Haryana SDL - 2025 SOV 0.71%
9.22% Gujarat SDL - 2023 SOV 0.67%
7.68% Chattisgarh SDL - 2024 SOV 0.62%
8.14% Gujarat SDL - 2025 SOV 0.40%
6.49% Madhya Pradesh SDL - 2024 SOV 0.34%
8.06% Maharastra SDL - 2025 SOV 0.33%
6.68% Andhra Pradesh SDL - 2024 SOV 0.32%
6.64% Rajasthan SDL - 2024 SOV 0.32%
9.25% Haryana SDL - 2023 SOV 0.24%
8.83% Tamilnadu SDL - 2024 SOV 0.24%
8.13% Tamil Nadu SDL - 2025 SOV 0.24%
6.99% Madhya Pradesh SDL - 2024 SOV 0.23%
6.7% Odisha SDL - 2024 SOV 0.23%
9.55% Karnataka SDL - 2024 SOV 0.19%
5.6% Haryana SDL - 2024 SOV 0.19%
9.47% Haryana SDL - 2024 SOV 0.17%
9.63% Andhra Pradesh SDL - 2024 SOV 0.15%
9.80% Haryana SDL - 2024 SOV 0.12%
8.96% Maharashtra SDL - 2024 SOV 0.12%
5.6% Maharashtra SDL - 2024 SOV 0.11%
9.48% Andhra Pradesh SDL - 2024 SOV 0.10%
8.05% Maharashtra SDL - 2025 SOV 0.09%
9.5% Gujrat SDL - 2023 SOV 0.07%
9.71% Haryana SDL - 2024 SOV 0.05%
9.24% Haryana SDL - 2024 SOV 0.05%
8.05% Gujarat SDL - 2025 SOV 0.05%
9.11% Maharashtra SDL - 2024 SOV 0.02%
9.37% Gujarat SDL - 2024 SOV 0.02%
8.07% Gujrat SDL - 2025 SOV 0.02%
5.75% Tamilnadu SDL - 2025 SOV 0.01%
Commercial Paper 0.53%
HDB Financial Services A1+ 0.32%
HDFC A1+ 0.21%
Certificate of Deposit 0.22%
Axis Bank A1+ 0.22%
Net Cash and Cash Equivalent 3.71%
Grand Total 100.00%



Performance based on NAV as on 26/02/2021 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 Jan 12, 2016.



  • To generate medium to long term optimal returns.
  • Investments predominantly in high quality corporate bonds.

* 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.