IDFC Floating Rate Fund Direct Weekly Reinvestment of Income Distribution cum cptl Wdrl opt
IDFC Floating Rate Fund Direct Weekly Reinvestment of Income Distribution cum cptl Wdrl opt

IDFC Floating Rate Fund Direct Weekly Reinvestment of Income Distribution cum cptl Wdrl opt

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Debt
Direct
Floating Rate

NAV: ₹ 10 as on 30-11-2022

Fund Performance

Fund Performance

Return
1M
3M
6M
1Y
This Fund
0.3%
1%
2.5%
3.7%
Benchmark
0.5%
1.7%
1.8%
3.1%
About the Fund

IDFC Floating Rate Fund Direct Weekly Reinvestment of Income Distribution cum cptl Wdrl opt is a debt fund. This fund was started on  22 February, 2021. The fund is managed by Suyash Choudhary. This fund is suitable to keep your money safe.

Key parameters

1) IDFC Floating Rate Fund Direct Weekly Reinvestment of Income Distribution cum cptl Wdrl opt has a NAV of 10.0352 as on 30-11-2022.

2) IDFC Floating Rate Fund Direct Weekly Reinvestment of Income Distribution cum cptl Wdrl opt has 427 Cr worth of assets under management (AUM) as on 30-09-2022 and is less than category average.

3) The fund has an expense ratio 0.35 %.

Fund Overview

Expense ratio
Expense ratio
0.35%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹427 Cr
Inception Date
Inception Date
22 February, 2021
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
500.43%

Fund Distribution

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

Sector Allocation

Oct'22

Sep'22

Aug'22

Government

69.4%

Corporate

29.6%

Cash Equivalent

1%

Top Holdings

  • All
  • Debt & Cash
Total Holdings19
Debt Holdings19
Holdings
Weight%
Holdings Trend
1M Change
icon
5.63% Govt Stock 2026
14.56%
-9.1%
icon
Axis Bank Limited
11.51%
-6.3%
icon
HDFC Bank Limited
11.51%
0%
icon
Small Industries Development Bank Of India
11.42%
0%
icon
Export-Import Bank Of India
11.06%
100%

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 77.4 Cr in last 1M
Oct'22 return outperformed benchmark

Change in AUM

Oct'22
₹ 470.5 Cr
Sep'22
₹ 547.9 Cr
Aug'22
₹ 599.6 Cr

Fund Returns vs Benchmark

Oct'22
0.74%
0.58%
Sep'22
0.15%
0.28%
Aug'22
0.38%
0.73%
Fund Return
Benchmark Return

Fund Manager

Suyash Choudhary

Suyash Choudhary

Managing this fund since 28 July 2021

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
IDFC Corporate Bond Fund Direct Plan Growth
6.17%
5.22%
IDFC Bond Fund - Short Term Plan Direct Plan Growth
5.66%
5.61%
IDFC Banking & PSU Debt Fund Direct Growth
6.07%
5.21%

AMC details

Address
IDFC Asset Management Company Limited,OneIndiaBulls Centre, 841, Jupiter Mills Compound,,Senapati Bapat Marg,,Elphinstone Road (West),
Phone
022-68087000/18602660111
Fund House
IDFC Asset Management Company Limited

Fund Highlights

meter
pointer

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 3.94% since inception which is less than its category average return of 4.8%
AUM size ₹427 Cr

AUM size ₹427 Cr

This fund has AUM of ₹427 Cr which is less than its category average of ₹ 5353 Cr
Expense Ratio 0.35%

Expense Ratio 0.35%

This fund has an expense ratio of 0.35% which is less than its category average expense ratio of 0.56%

Frequently Asked Questions

The current NAV of IDFC Floating Rate Fund Direct Weekly Reinvestment of Income Distribution cum cptl Wdrl opt is 10.04.
Existing (Absolute + CAGR)
IDFC Floating Rate Fund Direct Weekly Reinvestment of Income Distribution cum cptl Wdrl opt
Absolute Returns
CAGR Returns
1 Month Returns
0.6%
0.6%
6 Month Returns
2.53%
2.53%
1 Year Returns
3.81%
3.81%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
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.
0.35 as on October 2022
427 Cr as on October 2022
7.21
1.03
AAA
100
Suyash Choudhary is the fund manager of IDFC Floating Rate Fund Direct Weekly Reinvestment of Income Distribution cum cptl Wdrl opt
The Exit load of IDFC Floating Rate Fund Direct Weekly Reinvestment of Income Distribution cum cptl Wdrl opt 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.