IDFC CREDIT RISK FUND

(Previously known as IDFC Credit Opportunities Fund)
An open ended debt scheme predominantly investing in AA and below rated corporate bonds

IDFC CREDIT RISK FUND

(Previously known as IDFC Credit Opportunities Fund)
An open ended debt scheme predominantly investing in AA and below rated corporate bonds

IDFC Credit Risk Fund fund aims to provide an optimal risk-reward profile to investors by focusing on companies with well-run management and evolving business prospects or good businesses with improving financial profile.

ASSET QUALITY click to expand contents

FUND FEATURES: (Data as on 31st December'20) click to expand contents

Category: Credit Risk
Monthly Avg AUM: Rs806.34 Crores
Inception Date: 3rd March 2017
Fund Manager: Mr. Arvind Subramanian (w.e.f. 03rd March 2017)
Standard Deviation (Annualized): 3.25%
Modified duration: 2.78 years
Average Maturity: 3.58 years
Macaulay Duration: 2.94 years
Yield to Maturity: 7.06%
Benchmark: 65% NIFTY AA Short Duration Bond Index + 35% NIFTY AAA Short Duration Bond Index (w.e.f 11/11/2019)
Exit Load: 1% if redeemed/switched out within 365 days from the date of allotment
Options Available: Growth, Dividend - Quarterly, Half yearly, Annual and Periodic (Payout, Reinvestment & Sweep facility)
Maturity Bucket:

PORTFOLIO (31 December 2020)
click to expand contents

Name	Rating	Total (%)
Corporate Bond		49.94%
Reliance Industries	AAA	6.42%
Tata Power Renewable Energy*	AA(CE)	6.40%
Afcons Infrastructure	A+	6.33%
National Highways Auth of Ind	AAA	6.06%
IndusInd Bank@	AA	5.75%
Bank of Baroda@	AA+	5.64%
Indian Bank@	AA	3.70%
Bank of Baroda@	AA	3.17%
Tata Steel	AA-	3.14%
Indian Railway Finance Corporation	AAA	1.36%
HDFC	AAA	0.68%
Tata Power Company	AA	0.64%
State Bank of India@	AA+	0.63%
Government Bond		18.60%
7.17% - 2028 G-Sec	SOV	15.88%
7.59% - 2026 G-Sec	SOV	2.72%
PTC		9.23%
First Business Receivables Trust^	AAA(SO)	9.23%
Zero Coupon Bond		9.13%
Aditya Birla Fashion and Retail	AA	9.13%
Net Cash and Cash Equivalent		13.11%
Grand Total		100.00%

^First Business Receivables Trust- wt. avg. mat: 2.09 years
(PTC originated by Reliance Industries Limited)
^#Corporate Guarantee from Tata Power
^@AT1 Bonds under Basel III

RISKOMETER click to expand contents

This product is suitable for investors who are seeking*:
• To generate optimal returns over medium to long term
• To predominantly invest in a portfolio of corporate debt securities across the credit spectrum
*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.

Standard Deviation calculated on the basis of 1 year history of monthly data
Gsec/SDL yields have been annualized wherever applicable
MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.