IDFC Banking & PSU Debt Fund Regular Growth - Latest NAV ₹18.5115, Returns, Performance & Portfolio

IDFC Banking & PSU Debt Fund Regular Growth

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    8.65%
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    (+0.02)18.5115

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Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years8.65%
3 Years9.44%
1 Year13.08%
6 Months7.1%
Fund Details
ISININF194K01SN6
RiskModerate Risk
Fund TypeBanking & PSU
NAV18.5115
Exit Load--

More about this fundstar

Top HoldingsWeightage
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT6.97%
Axis Bank Limited5.44%
INDIAN RAILWAY FINANCE CORPORATION LIMITED4%
National Housing Bank3.15%
HINDUSTAN PETROLEUM CORPORATION LIMITED2.95%
National Highways Authority Of India2.43%
ICICI Bank Limited2.31%
Hindustan Petroleum Corporation Limited2.07%
Reliance Industries Limited2.03%
7.68% Govt Stock 20231.94%

About IDFC Banking and PSU Debt Fund

Being an open-ended debt fund, the scheme seeks to generate optimal returns by investing in debt and money market instruments of public sector undertakings, public financial institution and banks.

Pros and Cons of IDFC Banking and PSU Debt Fund

This scheme is suitable for investors seeking: 1. Generate income over short to medium term. 2. The fund invests predominantly in debt and money market instruments issued by Banks & PFI and PSU.

Fund Information and Statistics of IDFC Banking and PSU Debt Fund

i) Inception / Launch date

The IDFC Banking and PSU Debt Fund was launched on 7 March 2013 by IDFC Mutual Fund.

ii) Risk level

The NAV of the units issued under the schemes may get impacted by various factors affecting the capital markets due to which it may go up or down. The rate of returns of the schemes is not assured. The securities of the mutual fund are subject to market risks and there is no such assurance that the objective of the scheme will be achieved.

iii) Redemption

The redemption of the units can be done on all business days. The dispatch of redemption proceeds within 10 business days from the date of receipt of the redemption request.

iv) Fund Manager

Mr. Anurag Mittal is the fund manager of IDFC Banking and PSU Debt Fund since May 2017.

v) Entry / Exit load

The entry load for this scheme is NIL and the exit load is not applicable.

Tax benefits of investing in IDFC Banking and PSU Debt Fund

If the units are held for more than 36 months from the date of investment than it is subject to long term capital gains and are taxed at the rate of 20% with indexation. Units held for lesser period are subject to short term capital gains and are taxed as per the investor’s income slab.

About IDFC Mutual Fund

IDFC Mutual Fund is one of the largest fund houses in India. By investing in money market securities and fixed income the mutual fund seeks to generate stable returns with low risk strategy. For common man as it offers an opportunity to invest relatively in a low cost in professionally and diversified managed basket of securities, it is one of the most viable investment option.

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Frequently Asked Questions

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Currently this fund is not available on ClearTax Invest. We request you to checkout other Related funds
Moderate Risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns