Rating: ★ ★ ★ ★ ☆

IDFC Bond Fund - Medium Term Plan Direct Plan Monthly Dividend Payout

Debt

  

Medium Duration Fund

NAV

10.613 -0.185

as on (29 May, 2020)

RETURNS

6.76 %

Fund Type

Open Ended

Investment Plan

Dividend Payout

Expense Ratio

0.75 %

Benchmark

CRISIL Short Term Bond Fund TR INR

Asset Size

2807.92 Cr.

(As of 30 Apr, 2019)

Risk

Moderate

Objective

The scheme seeks to invest in a diversified set of debt and money market securities with the aim of generating optimal returns over medium term such that the Macaulay duration of the portfolio is between 3 years and 4 years.

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Fund manager

Suyash Choudhary

(since 15 Sep, 2015)

Exit load

1 %

(If redeemed within 180 days)

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 Bank For Agriculture And Rural Development

10.65 %

LIC Housing Finance Limited

6.67 %

7.17% Govt Stock 2028

5.77 %

Bajaj Finance Limited

3.88 %

Sector Allocation

About the Scheme Type

Medium Duration Fund

Medium Duration Funds invest in debt and money market instruments wherein the portfolio’s Macaulay Duration should be between three to four years. Given that these funds do not have equity exposure, it reduces the risk factor and is generallysuited for investors whose investment horizon is 1 – 3 years and are looking for just better than nominal returns.

Ratings

This fund is rated 4 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.