IDFC CORPORATE BOND FUND
|
|
|
|
IDFC CORPORATE BOND FUND
An open ended debt scheme predominantly investing in AA+ and above rated corporate bonds
The scheme is currently following a ‘roll down’
investment strategy as a tactical approach. This means
that 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.*
FUND FEATURES: (Data as on 31st August'20)
Category: Corporate Bond
Monthly Avg AUM: Rs17,428.02 Crores
Inception Date: 12th January 2016
Fund Manager:
Mr. Anurag Mittal
(w.e.f. 12th January 2016)
Standard Deviation (Annualized): 2.70%
Modified duration 2.96 years
Average Maturity: 3.51 years
Macaulay Duration: 3.11 years
Yield to Maturity: 5.56%
Benchmark: NIFTY AAA Short Duration
Bond Index (w.e.f 11/11/2019)
Minimum Investment Amount: Rs5,000/- and any amount thereafter
Exit Load: Nil
Options Available : Growth & Dividend Option
- Payout, Reinvestment & Sweep and Monthly,
Quarterly, Half Yearly, Annual & Periodic.
Maturity Bucket:
| PORTFOLIO | (31 August 2020) |
| Name | Rating | Total (%) |
| Corporate Bond | 71.72% | |
| NABARD | AAA | 10.54% |
| REC | AAA | 9.52% |
| Reliance Industries | AAA | 9.21% |
| HDFC | AAA | 9.12% |
| LIC Housing Finance | AAA | 7.91% |
| Larsen & Toubro | AAA | 5.69% |
| National Housing Bank | AAA | 5.62% |
| Power Finance Corporation | AAA | 4.40% |
| UltraTech Cement | AAA | 1.65% |
| Indian Railway Finance Corporation | AAA | 1.64% |
| Indian Oil Corporation | AAA | 1.61% |
| Hindustan Petroleum Corporation | AAA | 1.38% |
| Mahindra & Mahindra | AAA | 1.03% |
| Axis Bank | AAA | 0.99% |
| ICICI Bank | AAA | 0.45% |
| Power Grid Corporation of India | AAA | 0.41% |
| Export Import Bank of India | AAA | 0.29% |
| NTPC | AAA | 0.18% |
| Small Industries Dev Bank of India | AAA | 0.09% |
| State Government Bond | 18.23% | |
| 8.25% Gujarat SDL - 2024 | SOV | 1.64% |
| 7.93% Chattisgarh SDL - 2024 | SOV | 1.31% |
| 8.08% Haryana SDL - 2025 | SOV | 1.23% |
| 8.46% Andhra Pradesh SDL - 2024 | SOV | 1.22% |
| 5.95% Tamilnadu SDL - 2025 | SOV | 1.14% |
| 8.44% Tamil Nadu SDL - 2024 | SOV | 0.94% |
| 9.22% Gujarat SDL - 2023 | SOV | 0.88% |
| 7.68% Chattisgarh SDL - 2024 | SOV | 0.81% |
| 8.07% Haryana SDL - 2025 | SOV | 0.61% |
| 7.89% GUJARAT SDL - 2025 | SOV | 0.61% |
| 8.14% Gujarat SDL - 2025 | SOV | 0.52% |
| 6.49% Madhya Pradesh SDL - 2024 | SOV | 0.44% |
| 8.05% Gujarat SDL - 2025 | SOV | 0.43% |
| 8.06% Maharastra SDL - 2025 | SOV | 0.43% |
| 8.06% KARNATAKA SDL - 2025 | SOV | 0.43% |
| 6.64% Rajasthan SDL - 2024 | SOV | 0.41% |
| 6.68% Andhra Pradesh SDL - 2024 | SOV | 0.35% |
| 9.25% Haryana SDL - 2023 | SOV | 0.32% |
| 8.83% Tamilnadu SDL - 2024 | SOV | 0.31% |
| 8.13% Tamil Nadu SDL - 2025 | SOV | 0.31% |
| 6.99% Madhya Pradesh SDL - 2024 | SOV | 0.30% |
| 6.7% Odisha SDL - 2024 | SOV | 0.29% |
| 9.55% Karnataka SDL - 2024 | SOV | 0.25% |
| 8.25% Maharastra SDL - 2025 | SOV | 0.25% |
| 5.6% Haryana SDL - 2024 | SOV | 0.24% |
| 9.47% Haryana SDL -2024 | SOV | 0.22% |
| 8.06% Tamil Nadu SDL - 2025 | SOV | 0.22% |
| 9.63% Andhra Pradesh SDL - 2024 | SOV | 0.19% |
| 8.99% Tamil Nadu SDL - 2024 | SOV | 0.19% |
| 9.80% Haryana SDL - 2024 | SOV | 0.16% |
| 8.96% Maharashtra SDL - 2024 | SOV | 0.16% |
| 8.73% Karnataka SDL - 2024 | SOV | 0.16% |
| 8.25% Maharashtra SDL - 2025 | SOV | 0.16% |
| 8.27% Haryana SDL - 2024 | SOV | 0.16% |
| 9.48% Andhra Pradesh SDL - 2024 | SOV | 0.13% |
| 8.07% Tamil Nadu SDL - 2025 | SOV | 0.12% |
| 8.05% Maharashtra SDL - 2025 | SOV | 0.12% |
| 9.5% Gujrat SDL - 2023 | SOV | 0.10% |
| 8.10% Tamil Nadu SDL - 2025 | SOV | 0.09% |
| 8.07% Gujarat SDL - 2025 | SOV | 0.09% |
| 9.71% Haryana SDL - 2024 | SOV | 0.06% |
| 9.24% Haryana SDL - 2024 | SOV | 0.06% |
| 8.25% Madhya Pradesh SDL - 2025 | SOV | 0.06% |
| 9.37% Gujarat SDL - 2024 | SOV | 0.03% |
| 9.11% Maharashtra SDL - 2024 | SOV | 0.03% |
| 8.07% Gujrat SDL - 2025 | SOV | 0.03% |
| 5.75% Tamilnadu SDL - 2025 | SOV | 0.01% |
| Government Bond | 6.25% | |
| 7.32% - 2024 G-Sec | SOV | 3.77% |
| 5.22% - 2025 G-Sec | SOV | 0.98% |
| 6.18% - 2024 G-Sec | SOV | 0.73% |
| 7.72% - 2025 G-Sec | SOV | 0.62% |
| 7.68% - 2023 G-Sec | SOV | 0.12% |
| 8.12% - 2020 G-Sec | SOV | 0.03% |
| Net Cash and Cash Equivalent | 3.81% | |
| Grand Total | 100.00% | |
ASSET QUALITY
RISKOMETER
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 advisors if in doubt
about whether the product is suitable for them.
|
* The strategy being followed currently is tactical in nature and would be subject to change depending on investment opportunities available without prior notice.
MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.
 | Contact your Financial Advisor |
 | Call toll free 1800-2-6666-88 |
| Contact your Financial Advisor | Call toll free 1800-2-6666-88 |
 Invest online at www.idfcmf.com |  www.facebook.com/idfcamc |
 @IDFCMF | |