Rating : ★ ★ ★ ☆ ☆

IDFC Credit Risk Fund Regular Periodic Payout of Income Distribution cum Capital Wdrl Opt

Debt

  

Credit Risk Fund

NAV

10.4775 +0.0044

(as on 25 May, 2022)

RETURNS

3.04 %

Fund Type

Open Ended

Investment Plan

Dividend Payout

Expense Ratio

2%

Asset Size

735.78 Cr.

(As of 15 May, 2022)

Benchmark

NIFTY Credit Risk Bond TR INR

Riskometer

Investors understand that their principal will be at Risk.

Objective

The Fund seeks to generate returns by investing predominantly in AA and below rated corporate debt securities across maturities.

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Fund manager

Arvind Subramanian

Exit load

1 %

(If redeemed within 365 days)

Minimum sip

₹1000

Minimum investment

₹5000

Top Holdings

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Company

Assets

7.17% Govt Stock 2028

13.38%

TATA Power Renewable Energy Limited

6.70%

Bharti Hexacom Limited

6.66%

Summit Digitel Infrastructure Private Limited

6.56%

Sector Allocation

About the Scheme Type

Credit Risk Funds need to have at least 65% of their investmentin lower rated securities such as those having AA-, A+, A-, BBB, etc. The maturity period of these papers is usually 1 – 3 years, unlike long maturity bonds. The interest rates offered by such companies is higher and earning scope arises when their ratings go up, offering a benefit of capital gains. They, at times,pose as an attractive investment option as they have the potential to give 2 – 3% higher returns than risk-free papers.

Ratings

This fund is rated 3 stars by Morning Star Ratings.

★ ★ ★ ☆ ☆

Overview of IDFC Asset Management Company Limited

IDFC Asset Management Company Limited finds its roots back to 2000 when it was established and which has since gone on to become one of the largest fund houses in India (in terms of AUM). The IDFC Mutual Fund provides its services to institutional and retail investors and has developed a robust network to deliver consistent value to its investors across India. The IDFC Fund manages equity, fixed income, and balanced mutual funds for its clients and invests in public equity and fixed income markets of India. The firm obtains external research to complement its in- house research. IDFC Asset Management Company Limited operates as a subsidiary of IDFC Financial Holding Company Limited.