IDFC BANKING & PSU DEBT FUND

An open ended debt scheme predominantly investing in debt instruments of banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds.

IDFC BANKING & PSU DEBT FUND

An open ended debt scheme predominantly investing in debt instruments of banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds.

• A portfolio that emphasizes on high quality instruments. currently 100% AAA and equivalent instruments.

• By investing in one single fund you get to diversify your allocation into multiple high quality instruments issued by banks, PSUs (Public Sector Undertakings), PFIs (Public Financial Institutions) and Municipal Bonds.

• Ideal to form part of ‘Core’ Bucket – due to its high quality and low to moderate duration profile

     FUND FEATURES: (Data as on 30th June'21)

Category: Banking and PSU
Monthly Avg AUM: Rs18,343.52 Crores
Inception Date: 7th March 2013
Fund Manager: Mr. Anurag Mittal (w.e.f. 15th May 2017)
Standard Deviation (Annualized): 1.63%
Modified duration 1.56 years
Average Maturity: 1.74 years
Macaulay Duration: 1.63 years
Yield to Maturity: 4.68%
Benchmark: NIFTY Banking & PSU Debt Index (w.e.f 11/11/2019)
Minimum Investment Amount: Rs5,000/- and any amount thereafter
Exit Load: Nil (w.e.f. 12th June 2017)
Options Available : Growth, IDCW@ - Daily, Fortnightly, Monthly (Reinvestment), Quarterly (Payout), Annual (Payout) & Periodic (Payout & Reinvestment)
Maturity Bucket:


@Income Distribution cum capital withdrawal

PORTFOLIO (30 June 2021)

NameRatingTotal (%)
Corporate Bond 79.83%
NABARD AAA 11.33%
Power Finance Corporation AAA 7.63%
HDFC AAA 5.87%
Indian Railway Finance Corporation AAA 5.83%
REC AAA 5.63%
Axis Bank AAA 5.58%
Hindustan Petroleum Corporation AAA 5.20%
National Highways Auth of Ind AAA 5.01%
LIC Housing Finance AAA 4.57%
Small Industries Dev Bank of India AAA 4.24%
National Housing Bank AAA 3.62%
ICICI Bank AAA 2.89%
Export Import Bank of India AAA 2.75%
Reliance Industries AAA 2.30%
Power Grid Corporation of India AAA 2.11%
Housing & Urban Development Corporation AAA 1.69%
NTPC AAA 1.35%
NHPC AAA 0.95%
Larsen & Toubro AAA 0.85%
Bajaj Finance AAA 0.28%
Indian Oil Corporation AAA 0.14%
Tata Sons Private AAA 0.01%
Government Bond 11.73%
7.32% - 2024 G-Sec SOV 3.23%
7.16% - 2023 G-Sec SOV 3.11%
7.37% - 2023 G-Sec SOV 3.09%
5.22% - 2025 G-Sec SOV 1.67%
6.18% - 2024 G-Sec SOV 0.31%
6.84% - 2022 G-Sec SOV 0.20%
8.13% - 2022 G-Sec SOV 0.11%
Certificate of Deposit 3.50%
Axis Bank A1+ 2.75%
Export Import Bank of India A1+ 0.75%
Commercial Paper 0.70%
Export Import Bank of India A1+ 0.70%
State Government Bond 0.69%
9.25% Haryana SDL - 2023 SOV 0.30%
5.41% Andhra Pradesh SDL - 2024 SOV 0.14%
5.68% Maharashtra SDL - 2024 SOV 0.08%
7.93% Chattisgarh SDL - 2024 SOV 0.06%
8.62% Maharashtra SDL - 2023 SOV 0.06%
7.77% Gujarat SDL - 2023 SOV 0.03%
5.93% ODISHA SDL - 2022 SOV 0.02%
8.48% Tamilnadu SDL - 2023 SOV 0.01%
8.10% Tamil Nadu SDL - 2023 SOV 0.003%
Floating Rate Note 0.16%
Kotak Mahindra Bank A1+ 0.16%
Zero Coupon Bond 0.02%
LIC Housing Finance AAA 0.02%
Net Cash and Cash Equivalent 3.37%
Grand Total 100.00%

     ASSET QUALITY

     RISKOMETER

This product is suitable for investors who are seeking*:
• To generate optimal returns over short to medium term
• Investments predominantly in debt & money market instruments issued by PSU, Banks & PFI
*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.


*The scheme is currently following a ‘roll down’ investment approach on a tactical basis. 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. The approach being followed currently is tactical in nature and would be subject to change depending on investment opportunities available without prior notice.

Standard Deviation calculated on the basis of 1 year history of monthly data
$$For details please refer Notice ( https://www.idfcmf.com/uploads/090520171306No-18-Change-in-Scheme-features-of-IDFC-Banking-Debt-Fund.pdf )
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
Invest online at www.idfcmf.com
www.facebook.com/idfcamc
@IDFCMF

Contact your Financial Advisor

Call toll free
1800-2-6666-88

Invest online at www.idfcmf.com

www.facebook.com/idfcamc

@IDFCMF