IDFC Corporate Bond Fund Regular Plan Growth
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- Fund Summary
- More about Fund
- Related funds
- Why Cleartax
|Fund Type||Corporate Bond|
More about this fund
|National Housing Bank||8.2%|
|Housing Development Finance Corporation Limited||5.08%|
|Larsen And Toubro Limited||4.99%|
|9.22% Gujarat SDL 2023||3.87%|
|Indian Oil Corporation Limited||3.67%|
|8.25% Gujarat SDL 2024||3.61%|
|Indian Railway Finance Corporation Limited||3.58%|
|Small Industries Development Bank Of India||3.54%|
|National Bank For Agriculture And Rural Development||3.53%|
|HDB Financial Services Limited||2.5%|
About IDFC Corporate Bond Fund
Being an open –ended debt fund, the scheme seeks to provide steady capital appreciation and income by investing primarily in AA+ and above rated corporate debt securities across maturities.
Pros and Cons of IDFC Corporate Bond
This product is suitable for those who are seeking: 1. The scheme generates long term optimal returns by active management. 2. The fund is invested in money market instruments and corporate bonds.
Fund Information and Statistics of IDFC Corporate Bond
i) Inception / Launch date
The IDFC Corporate Bond was launched on 12 January 2016 by IDFC Mutual Fund.
ii) Risk level
Among the underlying issuers, the corporate bonds are affected by credit risk or the default risk as well as the interest rate risk of the impact of prevailing rates. The long term debt funds are often at high risk when interest rate fluctuates beyond expectation due to various factors affecting the securities.
The dispatch of redemption proceeds within 10 business days from the date of receipt of the redemption request. The scheme is open for the redemption of its units on all business days at the prevailing NAV based price.
iv) Fund Manager
Mr. Anurag Mittal is the fund manager of IDFC Corporate Bond Fund since December 2015.
v) Entry / Exit load
The entry load is NIL for this investment and the exit load is not applicable too.
Tax benefits of investing in IDFC Corporate Bond Fund
If units are held for more than 36 months the long term capital gains is taxed at 20% with indexation. The units held for less than 3 years are subject to short term capital gains and taxed as per the income slab of the investor.
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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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