IDFC Corporate Bond Fund 
Core Bucket
An open ended debt scheme predominantly investing in AA+ and above rated corporate bonds.
A Scheme with Relatively High Interest Rate Risk and Relatively Low Credit Risk.
IDFC Corporate Bond Fund Core Bucket
An open ended debt scheme predominantly investing in AA+ and above rated corporate bonds.
A Scheme with Relatively High Interest Rate Risk and Relatively Low Credit Risk.
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Category: Corporate Bond
: ₹ 16,177.80 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.
: ₹ 15,405.13 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.
Mr. Gautam Kaul (w.e.f. 1st Dcember 2021)
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. | 1.66% |
| Modified Duration
Modified duration is the price sensitivity and the percentage change in price for a unit change in yield | 1.10 years |
| Average Maturity | 1.23 years |
| Macaulay Duration | 1.17 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. | 7.34% |
| Total Expense Ratio | |
| Regular | 0.61% |
| Direct | 0.31% |
SIP (Minimum Amount): ₹ 1,000/-
SIP Frequency: Monthly/Quarterly (w.e.f. 09-11-2022)
SIP Dates (Monthly): InvestorInvestor may choose any day of the month except 29th, 30th and 31st as the date of instalment. (Quarterly): Any day of next month from,the Quarter end. ) Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment (w.e.f. 09-11-2022)
Investment Objective: Click here
Minimum Investment Amount : ₹ 5,000/- and any amount thereafter
Option Available: Growth & IDCW@ Option - Payout, Reinvestment & Sweep and Monthly, Quarterly, Half Yearly, Annual & 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 (₹) as on December 30, 2022
| Plan | Option | Freq | NAV |
| Regular Plan | Growth | - | 15.9914 |
| Regular Plan | IDCW@ | - | N.A |
| Regular Plan | IDCW@ | Periodic | 10.7803 |
| Regular Plan | IDCW@ | Monthly | 10.5934 |
| Regular Plan | IDCW@ | Half Yearly | 10.9055 |
| Regular Plan | IDCW@ | Quarterly | 10.3856 |
| Regular Plan | IDCW@ | Annual | 10.3012 |
| Name | Rating | % of NAV |
| Corporate Bond | 74.00% | |
| REC | AAA | 10.28% |
| NABARD | AAA | 9.69% |
| National Housing Bank | AAA | 8.47% |
| Larsen & Toubro | AAA | 6.21% |
| Power Finance Corporation | AAA | 5.42% |
| Export Import Bank of India | AAA | 5.03% |
| Indian Railway Finance Corporation | AAA | 4.04% |
| HDFC | AAA | 3.88% |
| Oil & Natural Gas Corporation | AAA | 3.35% |
| Reliance Industries | AAA | 3.28% |
| ICICI Bank | AAA | 2.53% |
| UltraTech Cement | AAA | 2.39% |
| Axis Bank | AAA | 2.05% |
| Hindustan Petroleum Corporation | AAA | 1.84% |
| NTPC | AAA | 1.69% |
| Mahindra & Mahindra | AAA | 1.30% |
| Small Industries Dev Bank of India | AAA | 1.10% |
| Power Grid Corporation of India | AAA | 0.56% |
| Bajaj Finance | AAA | 0.45% |
| Indian Oil Corporation | AAA | 0.45% |
| Government Bond | 11.39% | |
| 5.22% - 2025 G-Sec | SOV | 6.88% |
| 6.69% - 2024 G-Sec | SOV | 2.62% |
| 7.32% - 2024 G-Sec | SOV | 1.79% |
| 7.35% - 2024 G-Sec | SOV | 0.07% |
| 7.68% - 2023 G-Sec | SOV | 0.03% |
| Certificate of Deposit | 7.03% | |
| State Bank of India | A1+ | 2.47% |
| Export Import Bank of India | A1+ | 1.71% |
| Indian Bank | A1+ | 1.28% |
| Small Industries Dev Bank of India | A1+ | 0.93% |
| Canara Bank | A1+ | 0.64% |
| State Government Bond | 4.03% | |
| 6.64% Rajasthan SDL - 2024 | SOV | 0.45% |
| 8.10% Tamil Nadu SDL - 2023 | SOV | 0.42% |
| 8.83% Maharashtra SDL - 2024 | SOV | 0.33% |
| 9.25% Haryana SDL - 2023 | SOV | 0.33% |
| 9.11% Maharashtra SDL - 2024 | SOV | 0.30% |
| 5.6% Haryana SDL - 2024 | SOV | 0.27% |
| 9.47% Haryana SDL - 2024 | SOV | 0.23% |
| 9.55% Karnataka SDL - 2024 | SOV | 0.23% |
| 9.63% Andhra Pradesh SDL - 2024 | SOV | 0.20% |
| 9.80% Haryana SDL - 2024 | SOV | 0.17% |
| 8.96% Maharashtra SDL - 2024 | SOV | 0.17% |
| 9.48% Andhra Pradesh SDL - 2024 | SOV | 0.13% |
| 9.37% Gujarat SDL - 2024 | SOV | 0.13% |
| 8.83% Tamilnadu SDL - 2024 | SOV | 0.13% |
| 8.99% Maharashtra SDL - 2024 | SOV | 0.11% |
| 9.45% Rahasthan SDL - 2024 | SOV | 0.10% |
| 9.5% Gujrat SDL - 2023 | SOV | 0.10% |
| 9.71% Haryana SDL - 2024 | SOV | 0.07% |
| 9.47% Tamilnadu SDL - 2024 | SOV | 0.07% |
| 9.24% Haryana SDL - 2024 | SOV | 0.07% |
| 5.75% Tamilnadu SDL - 2025 | SOV | 0.02% |
| Net Cash and Cash Equivalent | 3.55% | |
| Grand Total | 100.00% |
Performance based on NAV as on 30/12/2022 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.
Scheme risk-o-meter
Investors understand that their principal will be at Low to Moderate risk
This product is suitable for investors who are seeking*
- 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.
Benchmark risk-o-meter
Tier 1: NIFTY Corporate Bond Index B-III
Benchmark risk-o-meter
Tier 2: NIFTY AAA Short Duration Bond Index
*The scheme is currently following a ‘roll down’ investment approach on a tactical basis and thereby intends to be repositioned in March 2024.Till then, ordinarily the average maturity of the scheme’s portfolio is unlikely to increase significantly and may be expected to generally reduce with the passage of time, subject to intermittent periods of volatility in the maturity profile owing to AUM movement and market conditions. The approach being followed is tactical in nature and would be subject to change depending on investment opportunities available without prior notice.
Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc.
