Fund Performance
Lumpsum
SIP
6.79
as on 24 Mar 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 12,177 today.
NAV Performance
Fund Information
-
₹ 20.836
as on 24 Mar 2023 -
Regular - Growth
-
7 / 19
-
₹ 5,000
-
₹ 18,645 Cr.
as on 31 Dec 2021 -
0.62%
-
07 Mar 2013
-
CRISIL 10 Year Gilt Index
-
IDFC Mutual Fund
Show All Funds
Highlights of this fund
IDFC Banking & PSU Debt Fund is an Open-ended Debt Fund. The fund belongs to Banking and PSU Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 07 Mar 2013. This fund is offered by one of the top AMC (Assets Management Company) IDFC Mutual Fund. You can also view here all other Debt funds offered by IDFC Mutual Fund.
Latest NAV of the fund is ₹ 20.836 as on 24 Mar 2023.
This fund has 10 years of track record. Since 30 Nov 2021 expense ratio of this fund is 0.62%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.
You can invest in this fund in SIP with the minimum investment of ₹ 1,000. Lumpsum invest is offered with minimum investment of ₹ 5,000.
Fund Objective
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).
List of Fund Managers of IDFC Banking & PSU Debt Fund
-
About Suyash Choudhary
Mr. Suyash Choudhary is Head – Fixed Income at IDFC Asset Management Company Limited.Mr. Choudhary has experience spanning of over 16 years in Fixed Income Investments.Prior to joining IDFC AMC he was associated with HSBC Asset Management (India) Pvt. Ltd as Head - Fund Management(Fixed Income) where he was responsible for investments of all fixed income funds. Prior to HSBC AMC, he was also associated with Standard Chartered Asset Management Co. Pvt. Ltd. as Fund Manager and with Deutsche Bank AG. He holds a Bachelor Degree of Arts (Hons) in Economics from Delhi University, Post Graduate Diploma in Management from Indian Institute of Management, Calcutta
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Moderately Low Risk
Fund Return Comparison
| Fund Name | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 0.34% | 0.85% | 1.55% | 3.45% | 10.80% | 7.15% | 7.95% | 7.62% | 8.20% | 7.73% | 8.04% | 7.26% | 6.53% | 7.26% |
| Category Average | 0.24% | 0.69% | 1.40% | 3.05% | 4.15% | 4.20% | 6.35% | 6.61% | 7.28% | 5.43% | 4.29% | 4.41% | 5.73% | 6.60% |
| IDFC Banking & PSU Debt Fund | 0.26%₹ 10,026 | 0.80%₹ 10,079 | 1.55%₹ 10,155 | 2.99%₹ 10,298 | 4.21%₹ 10,421 | 5.47%₹ 12,349 | 4.17%₹ 10,851 | 4.36%₹ 25,093 | 6.79%₹ 12,177 | 4.52%₹ 38,558 | 7.24%₹ 14,191 | 6.13%₹ 70,040 | 7.54%₹ 20,712 | 7.03%₹ 1,72,229 |
| ICICI Prudential Banking And PSU Debt Fund | 0.14%₹ 10,013 | 0.52%₹ 10,051 | 1.50%₹ 10,150 | 3.08%₹ 10,308 | 5.28%₹ 10,528 | 6.05%₹ 12,386 | 4.88%₹ 10,999 | 5.01%₹ 25,258 | 6.69%₹ 12,142 | 5.09%₹ 38,891 | 6.67%₹ 13,815 | 6.11%₹ 70,000 | 7.83%₹ 21,269 | 7.10%₹ 1,72,930 |
| Aditya Birla Sun Life Banking & PSU Debt Fund | 0.21%₹ 10,021 | 0.57%₹ 10,057 | 1.45%₹ 10,145 | 3.05%₹ 10,305 | 4.23%₹ 10,423 | 5.40%₹ 12,345 | 4.48%₹ 10,916 | 4.42%₹ 25,109 | 6.66%₹ 12,134 | 4.62%₹ 38,616 | 6.94%₹ 13,988 | 6.02%₹ 69,847 | 8.20%₹ 22,014 | 7.26%₹ 1,74,385 |
| Kotak Banking And PSU Debt Fund | 0.17%₹ 10,017 | 0.67%₹ 10,067 | 1.38%₹ 10,137 | 3.21%₹ 10,320 | 4.33%₹ 10,433 | 5.65%₹ 12,361 | 4.65%₹ 10,951 | 4.55%₹ 25,141 | 6.56%₹ 12,100 | 4.70%₹ 38,666 | 7.07%₹ 14,073 | 6.12%₹ 70,030 | - | - |
| L&T Banking And PSU Debt Fund | 0.27%₹ 10,027 | 0.82%₹ 10,082 | 1.37%₹ 10,137 | 3.25%₹ 10,325 | 1.99%₹ 10,199 | 4.74%₹ 12,303 | 3.06%₹ 10,621 | 3.07%₹ 24,769 | 5.90%₹ 11,876 | 3.40%₹ 37,913 | 6.06%₹ 13,421 | 5.01%₹ 68,095 | 7.02%₹ 19,726 | 6.30%₹ 1,65,814 |
| HDFC Banking And PSU Debt FunD-2014 | 0.22%₹ 10,022 | 0.58%₹ 10,057 | 1.44%₹ 10,143 | 2.94%₹ 10,294 | 3.97%₹ 10,397 | 5.28%₹ 12,338 | 4.26%₹ 10,870 | 4.21%₹ 25,056 | 6.53%₹ 12,089 | 4.48%₹ 38,537 | 6.70%₹ 13,833 | 5.90%₹ 69,629 | - | - |
Portfolio Holdings
Top Debt Instrument Type holdings of IDFC Banking & PSU Debt Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| NCD & Bonds | 78.85% | ₹ 14,372.24 Cr. |
| GOI | 10.26% | ₹ 1,871.94 Cr. |
| CD | 5.27% | ₹ 962.01 Cr. |
| CP | 0.53% | ₹ 97.27 Cr. |
| Others | 5.09% | - |
Top Debt Holdings of IDFC Banking & PSU Debt Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - National Bank for Agriculture & Rural Development | 11.06% | ₹ 2,019.56 Cr. |
| Bond - Govt of India | 10.26% | ₹ 1,871.94 Cr. |
| Bond - Power Finance Corporation Ltd. | 7.55% | ₹ 1,378.52 Cr. |
| Bond - Housing Development Finance Corporation Ltd. | 7.44% | ₹ 1,357.56 Cr. |
| Bond - Indian Railway Finance Corporation Ltd. | 6.65% | ₹ 1,211.49 Cr. |
| Others | 57.04% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| Net Receivables | 2.84% |
| TREPS | 2.25% |
| Margin | 0.00% |