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IDFC Corporate Bond Fund

IDFC Corporate Bond Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

4.28

as on 08 Dec 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,341 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

  • ₹ 17.013

    as on 08 Dec 2023
  • Regular - Growth

  • 5 / 17

  • ₹ 5,000

  • ₹ 14,464 Cr.

    as on 31 May 2023
  • 0.61%

  • 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 ₹ 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

  • About Suyash Choudhary

    Picture of Suyash ChoudharyMr. 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
  • About Gautam Kaul

    Picture of Gautam KaulGautam 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

Portfolio holdings pattern of IDFC Corporate Bond Fund as on 10 Dec 2023 are listed below:

  • Equity Holdings:

    0.00%
  • Debt Holdings:

    97.46%
  • Others Holdings:

    2.54%

Top Debt Instrument Type holdings of IDFC Corporate Bond Fund

Instrument TypeHolding PercentageHolding 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 InstrumentHolding PercentageHolding 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 TypeHolding Percentage
TREPS 1.73%
Net Receivables 0.81%
Margin 0.00%