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IDFC Corporate Bond Fund

IDFC Corporate Bond Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

8.18

as on 26 Nov 2021

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 12,664 today.

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NAV Performance

IDFC Corporate Bond Fund performance graph for last 3 years
Performance of IDFC Corporate Bond Fund for last 3 Years

Fund Information

  • ₹ 15.565

    as on 26 Nov 2021
  • Regular - Growth

  • 5 / 17

  • ₹ 5,000

  • ₹ 20,751 Cr.

    as on 26 Nov 2021
  • 0.57%

    since 31 May 2021
  • 12 Jan 2016

  • Debt - Corporate Bond Fund

  • CRISIL 10 Year Gilt Index

  • IDFC Mutual Fund

    Show All Funds

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 ₹ 15.565 as on 26 Nov 2021.

This fund has 5 years of track record. Since 31 May 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

  • 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 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 0.19% 0.59% 1.82% 2.68% 4.78% 8.10% 10.17% 7.63% 8.87% 5.68% 6.67% 8.27% 8.43% 8.47%
Category Average 0.09% 0.34% 0.86% 2.05% 3.49% 6.49% 7.69% 6.70% 8.33% 4.38% 5.93% 6.97% 7.22% 8.00%
IDFC Corporate Bond Fund 0.12%₹ 10,012 0.41%₹ 10,040 0.73%₹ 10,072 2.05%₹ 10,205 3.81%₹ 10,381 4.62%₹ 12,299 7.73%₹ 11,607 6.41%₹ 25,623 8.18%₹ 12,664 7.28%₹ 40,196 7.02%₹ 14,043 7.46%₹ 72,435 - -
ICICI Prudential Corporate Bond Fund 0.07%₹ 10,007 0.50%₹ 10,050 1.37%₹ 10,136 2.51%₹ 10,250 4.44%₹ 10,444 5.10%₹ 12,329 7.47%₹ 11,552 6.40%₹ 25,619 8.44%₹ 12,755 7.38%₹ 40,261 7.28%₹ 14,212 7.64%₹ 72,771 8.33%₹ 22,274 8.05%₹ 1,81,847
Aditya Birla Sun Life Corporate Bond Fund 0.10%₹ 10,009 0.35%₹ 10,035 0.86%₹ 10,085 2.23%₹ 10,223 4.25%₹ 10,424 4.77%₹ 12,308 7.99%₹ 11,664 6.61%₹ 25,674 8.83%₹ 12,892 7.68%₹ 40,439 7.63%₹ 14,450 8.01%₹ 73,446 8.86%₹ 23,395 8.47%₹ 1,85,862
Kotak Corporate Bond Fund Standard 0.07%₹ 10,006 0.22%₹ 10,021 0.97%₹ 10,096 2.32%₹ 10,231 3.97%₹ 10,396 4.65%₹ 12,300 6.76%₹ 11,398 5.87%₹ 25,485 7.96%₹ 12,584 6.82%₹ 39,926 7.40%₹ 14,297 7.39%₹ 72,306 - -
Invesco India Corporate Bond Fund 0.11%₹ 10,010 0.34%₹ 10,033 0.64%₹ 10,064 1.87%₹ 10,186 3.43%₹ 10,342 4.06%₹ 12,262 6.68%₹ 11,382 5.60%₹ 25,415 8.51%₹ 12,778 6.89%₹ 39,965 5.32%₹ 12,959 6.89%₹ 71,409 7.57%₹ 20,757 7.21%₹ 1,73,963
UTI Corporate Bond Fund 0.11%₹ 10,010 0.30%₹ 10,029 0.71%₹ 10,071 2.00%₹ 10,199 3.49%₹ 10,349 4.16%₹ 12,269 7.11%₹ 11,474 5.83%₹ 25,473 8.99%₹ 12,948 7.31%₹ 40,213 - - - -

Portfolio Holdings

Portfolio holdings pattern of IDFC Corporate Bond Fund as on 29 Nov 2021 are listed below:

  • Equity Holdings:

    0.00%
  • Debt Holdings:

    96.41%
  • Others Holdings:

    3.59%

Top Debt Instrument Type holdings of IDFC Corporate Bond Fund

Instrument TypeHolding PercentageHolding Values in Crore
NCD & Bonds 71.20% ₹ 14,682.78 Cr.
GOI 24.98% ₹ 5,150.79 Cr.
CP 0.23% ₹ 48.31 Cr.
Others 3.59% -

Top Debt Holdings of IDFC Corporate Bond Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 24.98% ₹ 5,150.79 Cr.
Bond - National Bank for Agriculture & Rural Development 11.23% ₹ 2,319.36 Cr.
Bond - Rural Electrification Corporation Limited 10.91% ₹ 2,251.66 Cr.
Bond - Housing Development Finance Corporation Ltd. 7.65% ₹ 1,579.04 Cr.
Bond - Reliance Industries Ltd. 7.63% ₹ 1,572.79 Cr.
Others 37.60%

Other Holdings

Holding TypeHolding Percentage
Net Receivables 3.12%
TREPS 0.47%
Margin 0.00%