IDFC Bond Fund - Income Plan
An open ended medium term debt scheme investing in instruments such that the
Macaulay duration of the portfolio is between 4 years and 7 years.
A Scheme with Relatively High Interest Rate Risk and Relatively Low Credit Risk.
(In case of anticipated adverse situation, macaulay duration of the portfolio could be
between 1 year and 7 years)
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IDFC Bond Fund - Income Plan
An open ended medium term debt scheme investing in instruments such that the
Macaulay duration of the portfolio is between 4 years and 7 years.
A Scheme with Relatively High Interest Rate Risk and Relatively Low Credit Risk.
(In case of anticipated adverse situation, macaulay duration of the portfolio could be
between 1 year and 7 years)
An actively managed bond fund (with Macaulay duration between 4 to 7 years) which seeks to invest in highly rated money market and debt instruments (including government securities) and aims to generate stable long term returns through mix of accrual income and capital appreciation.
OUTLOOK
Central banks have been focused on a point
pre-pandemic that the economy needs to re-attain and
then grow beyond. This thought has been apparent in
the US Fed’s commentary on labor markets as well as
RBI / MPC commentary in the recently concluded policy.
The extent of disequilibrium in India is nowhere near
what it is in the US. This is because both monetary and
fiscal loosening were well calibrated and therefore
largely avoided the risk of near term overheating.
Given the current emergency levels of overnight rate at
3.35%, RBI doesn’t need a full all clear to start to lift this
rate. From a bond market perspective, volatility in
money market rates will likely continue as RBI moves to
further expand the VRRR program as flagged in the
policy. This reaffirms our long preferred bar-belling
approach to risk management in this environment.
ASSET QUALITY
FUND FEATURES: (Data as on 30th November'21)
Category: Medium to Long Duration
Monthly Avg AUM: Rs642.10 Crores
Inception Date: 14th July 2000
Fund Manager:
Mr. Suyash Choudhary (Since
15th October 2010)
Standard Deviation (Annualized): 2.95%
Modified duration 1.29 years
Average Maturity: 1.53 years
Macaulay Duration: 1.32 years
Yield to Maturity: 4.10%
Benchmark: CRISIL Composite Bond
Fund Index
Minimum Investment Amount: Rs5,000/- and any amount thereafter
Exit Load: If redeemed/switched out
within 365 days from the date of
allotment:
For 10% of investment: Nil
For remaining investment: 1%
If redeemed/switched out after 365
days from the date of allotment: Nil
Options Available : Growth, IDCW@
- Quarterly, Half Yearly, Annual & Periodic
(each with payout, reinvestment and sweep
facility)
Maturity Bucket:
@Income Distribution cum capital withdrawal
| PORTFOLIO | (30 November 2021) |
| Name | Rating | Total (%) |
| Government Bond | 30.82% | |
| 5.63% - 2026 G-Sec | SOV | 27.68% |
| 6.1% - 2031 G-Sec | SOV | 3.08% |
| 7.73% - 2034 G-Sec | SOV | 0.06% |
| Net Cash and Cash Equivalent | 69.18% | |
| Grand Total | 100.00% |
POTENTIAL RISK CLASS MATRIX
RISKOMETER
Scheme risk-o-meter
Benchmark risk-o-meter
This product is suitable for investors who are seeking*:
• To generate optimal returns over long term
• Investments in Debt & Money Market securities such that the
Macaulay duration of the portfolio is between 4 years and 7 years
*Investors should consult their financial advisors if in doubt about
whether the product is suitable for them.
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Standard Deviation calculated on the basis of 1 year history of monthly data
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 |
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 @IDFCMF | |