IDFC CREDIT RISK FUND
An open ended debt scheme predominantly investing in AA and below rated corporate bonds
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IDFC CREDIT RISK 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
FUND FEATURES: (Data as on 30th June'21)
Category: Credit Risk
Monthly Avg AUM: Rs840.91 Crores
Inception Date: 3rd March 2017
Fund Manager: Mr. Arvind Subramanian (w.e.f. 03rd March 2017)
Standard Deviation (Annualized): 1.72%
Modified duration: 2.79 years
Average Maturity: 3.77 years
Macaulay Duration: 2.95 years
Yield to Maturity: 6.55%
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, IDCW@
- Quarterly, Half yearly, Annual and
Periodic (Payout, Reinvestment &
Sweep facility)
Maturity Bucket:
@Income Distribution cum capital withdrawal
| PORTFOLIO | (30 June 2021) |
| Name | Rating | Total (%) |
| Corporate Bond | 51.01% | |
| Tata Power Renewable Energy* | AA(CE) | 6.08% |
| Reliance Industries | AAA | 5.96% |
| Bharti Hexacom | AA | 5.84% |
| National Highways Auth of Ind | AAA | 5.71% |
| Tata Steel | AA | 5.32% |
| Afcons Infrastructure | A+ | 5.17% |
| Hindalco Industries | AA | 4.94% |
| IndusInd Bank@ | AA | 4.12% |
| Bank of Baroda@ | AA | 2.99% |
| Indian Bank@ | AA | 2.34% |
| Indian Railway Finance Corporation | AAA | 1.28% |
| HDFC | AAA | 0.64% |
| Tata Power Company | AA | 0.62% |
| Government Bond | 21.33% | |
| 7.17% - 2028 G-Sec | SOV | 14.73% |
| 5.22% - 2025 G-Sec | SOV | 3.50% |
| 7.59% - 2026 G-Sec | SOV | 2.52% |
| 5.15% - 2025 G-Sec | SOV | 0.58% |
| PTC | 8.13% | |
| First Business Receivables Trust^ | AAA(SO) | 8.13% |
| Net Cash and Cash Equivalent | 19.54% | |
| Grand Total | 100.00% |
(PTC originated by Reliance Industries Limited)
#Corporate Guarantee from Tata Power
@AT1 Bonds under Basel III
RISKOMETER
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.
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Gsec/SDL yields have been annualized wherever applicable
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 | |