IDBI Credit Risk Fund Direct Growth
IDBI Credit Risk Fund Direct Growth

IDBI Credit Risk Fund Direct Growth

Debt
Direct
Credit Risk

NAV: ₹ 17 as on 07-02-2023

Fund Performance

Fund Insights

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In the last 1 year, DSP Credit Risk Fund Direct Plan Growth has given 10.89% return, outperforming this fund by 5.8%

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In the last 3 years, Baroda BNP Paribas Credit Risk Fund Direct Growth has given 9% return, outperforming this fund by 3.52% per annum

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In the last 5 years, ICICI Prudential Credit Risk Fund Direct Plan Growth has given 8.16% return, outperforming this fund by 4.32% per annum

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This fund has one of the lowest expense ratio in the category (credit risk). Its expense ratio is 0.62% which is lower than the category average expense ratio of 1.23%

Fund Performance as on (01-Jan-70)

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
0.7%
2.2%
3.5%
5.1%
5.5%
3.8%
Benchmark
0.5%
1.6%
2.7%
13.2%
5.8%
3.9%
About the Fund

IDBI Credit Risk Fund Direct Growth is a debt fund. This fund was started on  3 March, 2014. The fund is managed by Raju Sharma. This fund is suitable to keep your money safe.

Key parameters

1) IDBI Credit Risk Fund Direct Growth has a NAV of 17.0083 as on 07-02-2023.

2) IDBI Credit Risk Fund Direct Growth has 25 Cr worth of assets under management (AUM) as on 31-12-2022 and is less than category average.

3) The fund has an expense ratio 0.62 %.

Fund Overview

Expense ratio
Expense ratio
0.62%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹25 Cr
Inception Date
Inception Date
3 March, 2014
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
1397.39%

Fund Distribution as on (31-Dec-22)

  • Debt & Cash 100%
Credit rating breakup
AA
78.7%
AAA
21.3%

Sector Allocation

Dec'22

Nov'22

Oct'22

Corporate

62.9%

Government

19.1%

Cash Equivalent

18%

Top Holdings as on (31-Dec-69)

  • Debt & Cash
Debt Holdings9
Holdings
Weight%
Holdings Trend
1M Change
JSW Steel Limited
JSW Steel Limited
14.34%
0%
TATA Motors Limited
TATA Motors Limited
13.81%
0%
Godrej Industries Limited
Godrej Industries Limited
11.97%
0%
Treps
Treps
10.85%
157.5%
7.38% Govt Stock 2027
7.38% Govt Stock 2027
10.28%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM has remained same in the last 1M
Dec'69 return underperformed benchmark

Change in AUM

Dec'22
₹ 26 Cr
Nov'22
₹ 26 Cr
Oct'22
₹ 26 Cr

Fund Returns vs Benchmark

Jan'23
0.73%
0.86%
Dec'22
0.08%
-0.02%
Nov'22
0.87%
0.71%
Fund Return
Benchmark Return

Fund Manager

Raju Sharma

Raju Sharma

Fund Manager of IDBI Credit Risk Fund Direct Growth, since 7 September 2022

AMC details

Fund House
IDBI Asset Management Limited
Total Schemes
Total AUM
₹3.78K Cr
as on 31-Dec-2022
Address
IDBI Asset Management Ltd.,5th floor, Mafatlal Centre,,Nariman Point,
Phone
+912266442800
Email
contactus@idbimutual.co.in

Fund Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 6.1% since inception which is more than its category average return of 5.22%
AUM size ₹25 Cr

AUM size ₹25 Cr

This fund has AUM of ₹25 Cr which is less than its category average of ₹ 1369 Cr
Expense Ratio 0.62%

Expense Ratio 0.62%

This fund has an expense ratio of 0.62% which is less than its category average expense ratio of 1.16%

Frequently Asked Questions

The current NAV of IDBI Credit Risk Fund Direct Growth is 17.01 as on 07-Feb-2023.
Existing (Absolute + CAGR)
IDBI Credit Risk Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.66%
0.66%
6 Month Returns
3.46%
3.46%
1 Year Returns
5.09%
5.09%
3 Years Returns
17.37%
5.48%
5 Years Returns
20.71%
3.84%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.62 as on January 2023
25 Cr as on January 2023
Yield to Maturity is 7.95 as on January 2023. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 2.02 as on January 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AA
78.74
AAA
21.26
Raju Sharma is the fund manager of IDBI Credit Risk Fund Direct Growth
The Exit load of IDBI Credit Risk Fund Direct Growth is 1%

Mutual Fund execution provided by

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.