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IDFC Banking & PSU Debt Fund

IDFC Banking & PSU Debt Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

9.80

as on 10 Jun 2021

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 13,247 today.

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NAV Performance

IDFC Banking & PSU Debt Fund performance graph for last 3 years
Performance of IDFC Banking & PSU Debt Fund for last 3 Years

Fund Information

  • ₹ 19.484

    as on 10 Jun 2021
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 17,685 Cr.

    as on 10 Jun 2021
  • 0.65%

    since 31 Dec 2020
  • 07 Mar 2013

  • Debt - Banking and PSU Fund

  • 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 ₹ 19.484 as on 10 Jun 2021.

This fund has 8 years of track record. Since 31 Dec 2020 expense ratio of this fund is 0.65%. 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 Anurag Mittal

    Picture of Anurag MittalMr. 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 Bachelors Degree in Commerce.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Very High 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 0.61% 1.26% 4.53% 2.59% 7.73% 11.05% 10.81% 8.41% 9.23% 6.92% 9.38% 10.45% 8.61% 8.87%
Category Average 0.27% 0.61% 2.08% 1.79% 6.42% 8.62% 8.75% 7.83% 8.40% 5.28% 7.32% 8.18% 7.81% 8.06%
IDFC Banking & PSU Debt Fund 0.27%₹ 10,027 0.50%₹ 10,050 1.95%₹ 10,195 1.80%₹ 10,179 6.82%₹ 10,681 5.37%₹ 12,345 9.32%₹ 11,953 7.80%₹ 25,974 9.80%₹ 13,247 8.97%₹ 41,210 8.10%₹ 14,763 8.61%₹ 74,547 - -
Edelweiss Banking And PSU Debt Fund 0.61%₹ 10,061 1.26%₹ 10,126 4.53%₹ 10,452 2.59%₹ 10,259 7.66%₹ 10,766 6.92%₹ 12,443 11.05%₹ 12,336 9.38%₹ 26,379 10.81%₹ 13,618 10.45%₹ 42,115 - - - -
Nippon India Banking & PSU Debt Fund 0.21%₹ 10,020 0.59%₹ 10,058 2.30%₹ 10,230 1.88%₹ 10,187 6.88%₹ 10,688 5.58%₹ 12,358 9.30%₹ 11,948 7.84%₹ 25,985 9.40%₹ 13,104 8.81%₹ 41,111 8.29%₹ 14,895 8.39%₹ 74,134 - -
Kotak Banking And PSU Debt Fund 0.22%₹ 10,022 0.83%₹ 10,083 2.07%₹ 10,206 1.77%₹ 10,176 6.94%₹ 10,693 5.49%₹ 12,352 8.91%₹ 11,863 7.61%₹ 25,925 9.34%₹ 13,081 8.63%₹ 41,003 8.35%₹ 14,935 8.34%₹ 74,044 - -
Franklin India Banking And PSU Debt Fund 0.19%₹ 10,019 0.52%₹ 10,052 2.19%₹ 10,219 1.97%₹ 10,196 6.36%₹ 10,636 5.36%₹ 12,344 8.38%₹ 11,749 7.05%₹ 25,781 9.27%₹ 13,057 8.27%₹ 40,788 8.13%₹ 14,785 8.15%₹ 73,693 - -
HDFC Banking And PSU Debt FunD-2014 0.27%₹ 10,027 0.74%₹ 10,074 2.15%₹ 10,215 1.99%₹ 10,198 7.73%₹ 10,772 5.97%₹ 12,383 8.97%₹ 11,877 7.89%₹ 25,998 9.22%₹ 13,038 8.66%₹ 41,022 8.19%₹ 14,827 8.18%₹ 73,746 - -

Portfolio Holdings

Portfolio holdings pattern of IDFC Banking & PSU Debt Fund as on 12 Jun 2021 are listed below:

  • Equity Holdings:

    0.00%
  • Debt Holdings:

    95.85%
  • Others Holdings:

    4.15%

Top Debt Instrument Type holdings of IDFC Banking & PSU Debt Fund

Instrument TypeHolding PercentageHolding Values in Crore
NCD & Bonds 80.51% ₹ 14,310.36 Cr.
GOI 11.57% ₹ 2,056.23 Cr.
CD 2.93% ₹ 521.96 Cr.
CP 0.84% ₹ 149.01 Cr.
Others 4.15% -

Top Debt Holdings of IDFC Banking & PSU Debt Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 11.57% ₹ 2,056.23 Cr.
Bond - National Bank for Agriculture & Rural Development 9.41% ₹ 1,675.60 Cr.
Bond - Power Finance Corporation Ltd. 7.88% ₹ 1,401.00 Cr.
Bond - Indian Railway Finance Corporation Ltd. 6.11% ₹ 1,084.02 Cr.
Bond - Rural Electrification Corporation Limited 5.96% ₹ 1,057.43 Cr.
Others 59.07%

Other Holdings

Holding TypeHolding Percentage
Net Receivables 3.95%
TREPS 0.20%
Margin 0.00%