Fund Performance
Lumpsum
SIP
4.28
as on 08 Dec 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,341 today.
NAV Performance
Fund Information
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₹ 17.013
as on 08 Dec 2023 -
Regular - Growth
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5 / 17
-
₹ 5,000
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₹ 14,464 Cr.
as on 31 May 2023 -
0.61%
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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 ₹ 17.013 as on 08 Dec 2023.
This fund has 7 years of track record. Since 31 Mar 2023 expense ratio of this fund is 0.61%. 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
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About Gautam Kaul
Gautam Kaul comes with 15 plus years of rich experience in the financial markets. He is the Fund Manager with us with Fixed Income Schemes being his core competence.Gautam Kaul has been associated with some of the renowned fund houses in India, viz. Sahara, Invesco, IDBI Asset Management amongst others. His association with Edelweiss Asset Management Limited started in the year 2016. With an MBA in Finance from Pune University, he strongly believes that one should always lead by example!
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 | 0.22% | 0.52% | 1.57% | 3.39% | 7.40% | 5.68% | 5.30% | 7.44% | 8.03% | 7.34% | 6.92% | 6.15% | 6.46% | 7.30% |
| Category Average | 0.16% | 0.47% | 1.30% | 2.61% | 6.07% | 4.23% | 4.18% | 6.65% | 7.44% | 6.35% | 5.86% | 5.17% | 5.67% | 6.69% |
| IDFC Corporate Bond Fund | 0.12%₹ 10,012 | 0.51%₹ 10,050 | 1.57%₹ 10,157 | 3.23%₹ 10,323 | 6.78%₹ 10,677 | 6.78%₹ 12,436 | 4.47%₹ 10,913 | 5.87%₹ 25,482 | 4.28%₹ 11,341 | 5.10%₹ 38,901 | 6.62%₹ 13,781 | 5.67%₹ 69,254 | - | - |
| ICICI Prudential Corporate Bond Fund | 0.15%₹ 10,015 | 0.49%₹ 10,048 | 1.52%₹ 10,152 | 3.39%₹ 10,339 | 7.40%₹ 10,740 | 7.34%₹ 12,471 | 5.68%₹ 11,168 | 6.92%₹ 25,751 | 5.30%₹ 11,675 | 6.15%₹ 39,522 | 7.27%₹ 14,208 | 6.46%₹ 70,640 | 7.70%₹ 21,010 | 7.17%₹ 1,73,560 |
| Aditya Birla Sun Life Corporate Bond Fund | 0.19%₹ 10,019 | 0.49%₹ 10,048 | 1.38%₹ 10,137 | 3.01%₹ 10,301 | 6.96%₹ 10,696 | 6.82%₹ 12,438 | 5.34%₹ 11,095 | 6.41%₹ 25,621 | 5.02%₹ 11,582 | 5.74%₹ 39,281 | 7.32%₹ 14,239 | 6.33%₹ 70,407 | 7.99%₹ 21,590 | 7.30%₹ 1,74,780 |
| Kotak Corporate Bond Fund Standard | 0.16%₹ 10,015 | 0.49%₹ 10,048 | 1.38%₹ 10,138 | 2.84%₹ 10,284 | 6.58%₹ 10,658 | 6.58%₹ 12,423 | 4.97%₹ 11,019 | 6.04%₹ 25,525 | 4.65%₹ 11,459 | 5.39%₹ 39,077 | 6.69%₹ 13,826 | 5.78%₹ 69,438 | - | - |
| Invesco India Corporate Bond Fund | 0.18%₹ 10,018 | 0.46%₹ 10,046 | 1.27%₹ 10,127 | 2.64%₹ 10,263 | 6.35%₹ 10,635 | 6.18%₹ 12,397 | 4.42%₹ 10,903 | 5.61%₹ 25,417 | 4.15%₹ 11,297 | 4.91%₹ 38,794 | 6.77%₹ 13,879 | 5.48%₹ 68,919 | 6.81%₹ 19,332 | 6.23%₹ 1,65,281 |
| UTI Corporate Bond Fund | 0.18%₹ 10,018 | 0.48%₹ 10,047 | 1.35%₹ 10,134 | 2.74%₹ 10,274 | 6.56%₹ 10,656 | 6.42%₹ 12,413 | 4.84%₹ 10,991 | 5.90%₹ 25,488 | 4.43%₹ 11,389 | 5.22%₹ 38,974 | 7.18%₹ 14,150 | 5.87%₹ 69,591 | - | - |
Portfolio Holdings
Top Debt Instrument Type holdings of IDFC Corporate Bond Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| NCD & Bonds | 71.93% | ₹ 10,396.05 Cr. |
| T-Bills | 9.78% | ₹ 1,414.19 Cr. |
| CP | 6.07% | ₹ 876.22 Cr. |
| CD | 5.59% | ₹ 807.80 Cr. |
| GOI | 4.09% | ₹ 591.56 Cr. |
| Others | 2.54% | - |
Top Debt Holdings of IDFC Corporate Bond Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - National Bank for Agriculture & Rural Development | 10.63% | ₹ 1,537.15 Cr. |
| Bond - T-Bill | 9.78% | ₹ 1,414.19 Cr. |
| Bond - Rural Electrification Corporation Limited | 9.16% | ₹ 1,323.80 Cr. |
| Bond - Housing Development Finance Corporation Ltd. | 8.91% | ₹ 1,286.90 Cr. |
| Bond - National Housing Bank | 7.87% | ₹ 1,137.50 Cr. |
| Others | 53.65% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 1.73% |
| Net Receivables | 0.81% |
| Margin | 0.00% |