Fund Performance
Lumpsum
SIP
6.60
as on 20 Mar 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 12,114 today.
NAV Performance
Fund Information
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₹ 16.190
as on 20 Mar 2023 -
Regular - Growth
-
5 / 17
-
₹ 5,000
-
₹ 20,283 Cr.
as on 31 Dec 2021 -
0.57%
-
12 Jan 2016
-
CRISIL 10 Year Gilt Index
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IDFC Mutual Fund
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Highlights of this fund
IDFC Corporate Bond Fund is an Open-ended Debt Fund. The fund belongs to Corporate Bond 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 12 Jan 2016. 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 ₹ 16.190 as on 20 Mar 2023.
This fund has 7 years of track record. Since 30 Nov 2021 expense ratio of this fund is 0.57%. 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
The Fund seeks to provide steady income and capital appreciation by investing primarily in AA+ and above rated corporate debt securities across maturities.
List of Fund Managers of IDFC Corporate Bond Fund
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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 Moderate 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 | 0.56% | 0.60% | 1.58% | 3.11% | 5.55% | 5.12% | 6.95% | 7.29% | 8.06% | 6.39% | 5.16% | 5.20% | 6.45% | 7.44% |
| Category Average | 0.35% | 0.52% | 1.28% | 2.72% | 3.51% | 3.84% | 5.80% | 6.47% | 7.33% | 5.24% | 4.09% | 4.32% | 5.70% | 6.78% |
| IDFC Corporate Bond Fund | 0.28%₹ 10,028 | 0.50%₹ 10,050 | 1.39%₹ 10,139 | 2.76%₹ 10,275 | 3.09%₹ 10,309 | 4.92%₹ 12,315 | 4.10%₹ 10,837 | 3.73%₹ 24,935 | 6.60%₹ 12,114 | 4.14%₹ 38,341 | 6.46%₹ 13,676 | 5.60%₹ 69,123 | - | - |
| ICICI Prudential Corporate Bond Fund | 0.24%₹ 10,024 | 0.52%₹ 10,052 | 1.50%₹ 10,149 | 3.05%₹ 10,305 | 5.55%₹ 10,554 | 6.39%₹ 12,409 | 5.03%₹ 11,032 | 5.16%₹ 25,298 | 6.68%₹ 12,139 | 5.20%₹ 38,955 | 7.02%₹ 14,042 | 6.36%₹ 70,438 | 7.73%₹ 21,054 | 7.19%₹ 1,73,718 |
| Aditya Birla Sun Life Corporate Bond Fund | 0.33%₹ 10,032 | 0.57%₹ 10,056 | 1.49%₹ 10,149 | 3.11%₹ 10,310 | 4.76%₹ 10,475 | 5.97%₹ 12,382 | 4.94%₹ 11,013 | 4.81%₹ 25,208 | 6.95%₹ 12,233 | 5.03%₹ 38,859 | 7.29%₹ 14,218 | 6.45%₹ 70,601 | 8.06%₹ 21,715 | 7.44%₹ 1,76,040 |
| Kotak Corporate Bond Fund Standard | 0.35%₹ 10,035 | 0.54%₹ 10,054 | 1.24%₹ 10,123 | 2.75%₹ 10,274 | 4.13%₹ 10,413 | 5.23%₹ 12,335 | 4.59%₹ 10,939 | 4.31%₹ 25,082 | 5.98%₹ 11,903 | 4.50%₹ 38,549 | 6.72%₹ 13,847 | 5.74%₹ 69,359 | - | - |
| Invesco India Corporate Bond Fund | 0.44%₹ 10,044 | 0.55%₹ 10,055 | 1.32%₹ 10,132 | 2.76%₹ 10,276 | 3.40%₹ 10,340 | 4.98%₹ 12,319 | 3.95%₹ 10,806 | 3.81%₹ 24,955 | 5.98%₹ 11,902 | 4.04%₹ 38,283 | 6.41%₹ 13,643 | 5.58%₹ 69,082 | 6.66%₹ 19,065 | 6.26%₹ 1,65,442 |
| UTI Corporate Bond Fund | 0.36%₹ 10,035 | 0.53%₹ 10,052 | 1.33%₹ 10,133 | 2.74%₹ 10,273 | 3.97%₹ 10,397 | 5.15%₹ 12,330 | 4.30%₹ 10,878 | 4.15%₹ 25,040 | 6.15%₹ 11,960 | 4.36%₹ 38,467 | - | - | - | - |
Portfolio Holdings
Top Debt Instrument Type holdings of IDFC Corporate Bond Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| NCD & Bonds | 71.58% | ₹ 14,298.08 Cr. |
| GOI | 24.28% | ₹ 4,853.38 Cr. |
| CP | 0.24% | ₹ 48.63 Cr. |
| Others | 3.90% | - |
Top Debt Holdings of IDFC Corporate Bond Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - Govt of India | 24.28% | ₹ 4,853.38 Cr. |
| Bond - National Bank for Agriculture & Rural Development | 11.56% | ₹ 2,311.80 Cr. |
| Bond - Rural Electrification Corporation Limited | 10.66% | ₹ 2,129.66 Cr. |
| Bond - Housing Development Finance Corporation Ltd. | 8.63% | ₹ 1,726.21 Cr. |
| Bond - Reliance Industries Ltd. | 7.83% | ₹ 1,564.79 Cr. |
| Others | 37.04% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| Net Receivables | 2.93% |
| TREPS | 0.97% |
| Margin | 0.00% |