IDFC Banking & PSU Debt Fund Direct Growth
IDFC Banking & PSU Debt Fund Direct Growth

IDFC Banking & PSU Debt Fund Direct Growth

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Debt
Direct
Banking & Psu

NAV: ₹ 21.1 as on 03-02-2023

Fund Performance
zero opening, trading, fund transfer fee
413 people have invested ₹ 34.2L in mutual fund in the last three months

Fund Insights

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In the last 1 year, UTI Banking & PSU Debt Fund Direct Plan Growth has given 11.19% return, outperforming this fund by 6.85%

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In the last 3 years, UTI Banking & PSU Debt Fund Direct Plan Growth has given 7.35% return, outperforming this fund by 1.27% per annum

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In the last 5 years, Edelweiss Banking and PSU Debt Fund Direct Plan Growth has given 8.09% return, outperforming this fund by 0.45% per annum

Fund Performance as on (01-Jan-70)

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
0.5%
1.7%
2.8%
4.3%
6.1%
7.6%
Benchmark
0.5%
1.6%
2.4%
3.7%
5.2%
5.9%
About the Fund

IDFC Banking & PSU Debt Fund Direct Growth is a debt fund. This fund was started on  7 March, 2013. The fund is managed by Suyash Choudhary, Gautam Kaul. This fund is suitable to keep your money safe.

Key parameters

1) IDFC Banking & PSU Debt Fund Direct Growth has a NAV of 21.1129 as on 03-02-2023.

2) IDFC Banking & PSU Debt Fund Direct Growth has 14373 Cr worth of assets under management (AUM) as on 31-12-2022 and is more than category average.

3) The fund has an expense ratio 0.32 %.

Fund Overview

Expense ratio
Expense ratio
0.32%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹14373 Cr
Inception Date
Inception Date
7 March, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹100
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
37.66%

Fund Distribution as on (31-Dec-22)

  • Debt & Cash 100%
Credit rating breakup
AAA
100%

Sector Allocation

Dec'22

Nov'22

Oct'22

Corporate

39.9%

Cash Equivalent

33.1%

Government

26.9%

Top Holdings as on (31-Dec-69)

  • Debt & Cash
Debt Holdings127
Holdings
Weight%
Holdings Trend
1M Change
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
9.05%
0%
Bank Of Baroda
Bank Of Baroda
5.19%
0%
364 Dtb 16032023
364 Dtb 16032023
3.02%
0%
Triparty Repo
Triparty Repo
2.85%
0%
Indian Bank
Indian Bank
2.74%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 97.5 Cr in last 1M
Dec'69 return underperformed benchmark

Change in AUM

Dec'22
₹ 14.4K Cr
Nov'22
₹ 14.5K Cr
Oct'22
₹ 14.8K Cr

Fund Returns vs Benchmark

Jan'23
0.48%
0.71%
Dec'22
0.30%
-0.06%
Nov'22
0.49%
0.66%
Fund Return
Benchmark Return

Fund Manager

Suyash Choudhary

Suyash Choudhary

Fund Manager of IDFC Banking & PSU Debt Fund Direct Growth, since 28 July 2021
Gautam Kaul

Gautam Kaul

Fund Manager of IDFC Banking & PSU Debt Fund Direct Growth, since 1 December 2021

AMC details

Fund House
IDFC Asset Management Company Limited
Total Schemes
Total AUM
₹1.17L Cr
as on 31-Dec-2022
Address
IDFC Asset Management Company Limited,OneIndiaBulls Centre, 841, Jupiter Mills Compound,,Senapati Bapat Marg,,Elphinstone Road (West),
Phone
022-68087000/18602660111
Email
investor@idfcmf.com

Fund Highlights

Risk meter
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Low to Moderate Risk

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

About the fund

This fund has delivered an average annual returns of 7.83% since inception which is more than its category average return of 5.38%
AUM size ₹14373 Cr

AUM size ₹14373 Cr

This fund has AUM of ₹14373 Cr which is more than its category average of ₹ 3568 Cr
Expense Ratio 0.32%

Expense Ratio 0.32%

This fund has an expense ratio of 0.32% which is less than its category average expense ratio of 0.48%

Frequently Asked Questions

The current NAV of IDFC Banking & PSU Debt Fund Direct Growth is 21.11 as on 02-Feb-2023.
Existing (Absolute + CAGR)
IDFC Banking & PSU Debt Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.54%
0.54%
6 Month Returns
2.83%
2.83%
1 Year Returns
4.35%
4.35%
3 Years Returns
19.61%
6.15%
5 Years Returns
44.54%
7.65%
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.
0.32 as on January 2023
14373 Cr as on January 2023
Yield to Maturity is 6.8 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 0.23 as on January 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Suyash Choudhary,Gautam Kaul are the fund managers of IDFC Banking & PSU Debt Fund Direct Growth
The Exit load of IDFC Banking & PSU Debt Fund Direct Growth is 0%

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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.