Overview (as on 23 Sep 2020)

NAV

₹10.9761

1y returns

1.874%

Fund AUM

₹17,691 Cr

Expense Ratio

0.3%

Min Lumpsum

₹5,000

Fund Performance

Calculator

Asset Allocation

Sector Allocation
Government
49.58%
Corporate
45.04%
Cash Equivalent
5.17%
Securitized
0.21%
Debt Credit Ratings
AAA
100.00%

Key Metrics

Modified Duration 

2.23 yr

Average Maturity 

2.57 yr

Yield to Maturity 

5.05%

Top 10 Holdings

Fund Details

Investment Objectives
The Scheme seeks to generate returns through investments in debt and money market instruments predominantly issued by entities such as Banks, Public Sector Undertakings (PSUs) and Public Financial Institutions (PFIs).
Scheme Name
IDFC Banking & PSU Debt Fund Direct Dividend Reinvestment
Scheme Document
Exit Load

After 0 Days : 0%

Plan Started
07 March, 2013
Fund Manager
Anurag Mittal
Fund House Details
Fund House
IDFC Asset Management Company Limited
Email
NA
Phone
NA
Address
IDFC Asset Management Company Limited,OneIndiaBulls Centre, 841, Jupiter Mills Compound,,Senapati Bapat Marg,,Elphinstone Road (West),

Other Related Plans

Fund NamePlan TypeExpense Ratio1yr Returns
IDFC Banking & PSU Debt Fund Direct Growth
Direct0.30%11.51%
IDFC Banking & PSU Debt Fund-Direct Plan- Daily Dividend Reinvestment
Direct0.30%9.06%
IDFC Banking & PSU Debt Fund-Direct Plan- Monthly Dividend Reinvestment
Direct0.30%10.33%
IDFC Banking & PSU Debt Fund-Direct Plan- Quarterly Dividend Reinvestment
Direct0.30%8.77%
IDFC Banking & PSU Debt Fund-Direct Plan- Fortnightly Dividend Reinvestment
Direct0.30%10.29%
IDFC Banking & PSU Debt Fund-Direct Plan- Monthly Dividend Payout
Direct0.30%10.33%
IDFC Banking & PSU Debt Fund-Direct Plan- Quarterly Dividend Payout
Direct0.30%8.77%
IDFC Banking & PSU Debt Fund Direct Dividend Payout
Direct0.30%1.87%
IDFC Banking & PSU Debt Fund-Direct Plan- Fortnightly Dividend Payout
Direct0.30%10.29%
IDFC Banking & PSU Debt Fund Regular Growth
Regular0.65%11.12%
IDFC Banking & PSU Debt Fund-Regular Plan- Daily Dividend Reinvestment
Regular0.65%10.04%
IDFC Banking & PSU Debt Fund-Regular Plan- Monthly Dividend Reinvestment
Regular0.65%10.28%
IDFC Banking & PSU Debt Fund-Regular Plan- Quarterly Dividend Reinvestment2010-06-30
Regular0.65%8.48%
IDFC Banking & PSU Debt Fund Regular Dividend Reinvestment
Regular0.65%2.55%
IDFC Banking & PSU Debt Fund-Regular Plan- Fortnightly Dividend Reinvestment
Regular0.65%10.19%
IDFC Banking & PSU Debt Fund-Regular Plan- Annual Dividend Payout
Regular0.65%9.88%
IDFC Banking & PSU Debt Fund-Regular Plan- Monthly Dividend Payout
Regular0.65%10.28%
IDFC Banking & PSU Debt Fund-Regular Plan- Quarterly Dividend Payout
Regular0.65%8.48%
IDFC Banking & PSU Debt Fund Regular Dividend Payout
Regular0.65%2.55%
IDFC Banking & PSU Debt Fund-Regular Plan- Fortnightly Dividend Payout
Regular0.65%10.19%

Peer Funds

IDFC Banking & PSU Debt Fund Direct Dividend Re...

NAV

₹10.9761

INDmoney Analysis

    error

    Fund is in Bottom 50 percent in its Category

    Return score is based upon:

    Benchmark out performance
    Consistency of returns
    Indicative yields
    success

    Fund is in Top 20 percent in its Category

    Risk score is based upon:

    Market sensitivity
    Credit risk
    Underlying maturity
    success

    Fund has high quality bonds and commercial papers

    Credit Quality is based upon:

    Long term credit rating
    Credit rating outlook
    Probability of default

    Based on credit rating and modified duration of underlying instruments

Fund Manager

Anurag Mittal
Anurag Mittal

Manager

Qualifications
B.Com (Hons), ACA, MSc in Accounting and Finance (London School of Economics).
Work Experience
Mr. Anurag Mittal is Associate Director – Fund Management at IDFC Asset Management Company Limited. Mr. Mittal has experience spanning of over 10 years in Fund Management, Dealing & Research Activities. He has been associated with IDFC AMC since November’2015. Prior to joining IDFC AMC, he was associated with HDFC Asset Management Company Ltd as Senior Manager - Investments, responsible for Dealing & Research (September 2012 - October 2015). Prior to the same he was associated with Axis Asset Management Company Limited as Fund Manager - Investments, responsible for Fund Management, Dealing & Research (July 2009 - September 2012). Prior to the same he was associated with ICICI Prudential Life Insurance as Manager - Investments, responsible for Dealing & Research (June 2008 – June 2009). Prior to the same he was also associated with Bank of America as Analyst - Corporate Debt Products, involved in research (November 2006 - June 2008). He is Chartered Accountant affiliated with Institute of Chartered Accountants of India, He holds a Master Degree in Accounting & Finance with specialization in Finance from London School of Economics & Political Science and a Bachelor’s Degree in Commerce.

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