★ ★ ★ ★ ★

IDFC Bond Fund - Short Term Plan Direct Plan Periodic Dividend Payout

Debt

  

Short Duration Fund

NAV

15.65 -0.0062

as on (03 Apr, 2020)

RETURNS

8.06 %

Fund Type

Open Ended

Investment Plan

Dividend Payout

Expense Ratio

0.29 %

Benchmark

Crisil AAA Short Term Bond Index TR INR

Asset Size

12340.94 Cr.

(As of 30 Apr, 2019)

Risk

Moderately Low

Objective

The scheme seeks to invest in a diversified set of debt and money market securities with the aim of generating optimal returns over short term such that the Macaulay duration of the portfolio is between 1 year and 3 years.

app screenshot
Google play store download image   Apple app store download image

Fund manager

Suyash Choudhary

(since 11 Mar, 2011)

Exit load

N / A

Minimum sip

₹ 100

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

National Highways Authority Of India

7.03 %

National Bank For Agriculture And Rural Development

5.32 %

Reliance Industries Limited

4.36 %

Indian Railway Finance Corporation Limited

4.12 %

Sector Allocation

About the Scheme Type

Short Duration Fund

Short Duration Mutual Funds usually have an investment horizon spanning about 1 – 3 years, with a scope to be extended to 4 years. Short Duration Mutual Funds are often accompanied by modest risks and non-volatile returns and theydo not even attract penalty on pre-mature withdrawals. These are usually beneficial for investors with lower risk appetite and offer greater post tax returns in comparison to other non-equitycounterparts of the same tenure.

Ratings

This fund is rated 5 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.