IDFC Asset Management Company Limited Mutual Funds Investments

Investing with Scripbox saves you time and effort

  • Algorithimically Selected Mutual Funds

    From 6000+ choices in the market.

  • Annual Review Of Funds

    To ensure you're on track to achieve your life goals.

  • Tax Optimisation

    Reduce long-term capital gains in taxes when you withdraw.

  • Consolidated Portfolio

    One account for your regular fund investments.

We have listed various Mutual Fund schemes across different asset classes along with the necessary information to help you make an informed decision. You can filter as per the funds based on the categories of mutual funds. The screener will help you analyze the funds on parameters like fund type, AUM, minimum amount, age, and returns.

About IDFC Mutual Fund

IDFC Mutual Fund was established in 2000. It is promoted by IDFC Ltd. IDFC Ltd was set up by GOI (Government of India) as a premier infrastructure finance company. The AMC is among the Top 10 asset managers by AUM in India. The fund house aims to provide a better outcome for savings for investors by helping them make smarter investment choices. The high quality investment solutions help in achieving the investor's goal.

The asset management company offers a range of well-constructed investment products across fixed income, equities, liquid alternatives, and portfolio management services (PMS).

Equity: IDFC's offering is based on a fundamental and research driven framework. At IDFC mutual fund, the stock selection follows its proprietary seven-factor investment framework. The combinations of weights differ for each fund objective. The fund house provides a wide range of growth oriented investment products. The investment strategies are across themes and market caps.

Fixed Income: The fixed income offerings are backed by strong fundamental and macro research. Quality and consistency is the utmost priority. The product offerings are both actively managed long-bond or sovereign funds, and front-end carry oriented strategies.

Liquid Alternatives: These are absolute returns hedge funds. IDFC Mutual Fund ensures that the product is uncorrelated to market indices and traditional offerings. However, managing the volatility within the predefined range. The two absolute return products offered by the fund house are:

  • India Equity Hedge Conservative: It is a Long/Short Low Net Market Neutral fund. With half the Index market volatility, the fund targets low teen gross returns.
  • India Equity Hedge Tactical: It is a long/short fund. The fund aims to outperform the Indian Equities across different market cycles. It targets high teen+ gross returns. Also, it seeks to generate positive returns in a bear market scenario.

Portfolio Management Services (PMS): IDFC mutual fund is a pioneer in bringing the use of Machine Learning (ML) and Artificial Intelligence (AI) based investment techniques to India. The Neo PMS is an offering by the fund house that focuses on large and mid-cap stocks. Also, this is powered by the ML & AI process.

IDFC Mutual Fund manages client assets more than INR 1 trillion for over 1 million investor folios. The investors are individual clients, corporates, institutions, and family run businesses. IDFC Mutual Fund has its presence in more than 46 cities and serves clients across 280 towns.

How to Invest in IDFC Mutual Funds via Scripbox?

Scripbox enables mutual fund investment at the click of a mouse. One has to follow the steps below to invest in mutual funds:

Step 1 – Visit Scripbox and Begin the Investment Journey

On the homepage of Scripbox's website, click on the button, "Let's get started." A list of investment options based on life goals is displayed.

One can choose any option from the available financial goals to invest in mutual funds.

Click on “Continue” to proceed with the mutual fund investment.

Step 2 – Signup and Create an Account

In this step, one has to create a Scripbox account. The investment details like payment options and the amount of investment will be available upon logging in.

Here Scripbox allows the selection of the payment option. They can select "Every month SIP" or "One-time" payment options depending on their cash flow.

Scripbox’s online SIP calculator can be used to calculate their potential returns from SIP investment.

Next, click on the "See Recommended Funds" button to proceed for investment.

Step 3 – Check the Plan and Fund Allocation

A list of mutual funds and the investment amount allocated for each of the mutual funds in the selected plan will be displayed. Check all the details before proceeding ahead.

Investors can change the fund or investment amount if they wish to. They can do so by clicking on the option, "I want to change Funds/ Amount."

Click on the "Next" button to make payment.

Step 4 – Bank Details and Money Transfer

In this step, one has to enter the bank account and PAN details. Scripbox provides a secure environment. The bank details will only be used for investing and crediting the redemption proceeds only.

KYC Required to Invest in IDFC Mutual Fund via Scripbox

KYC stands for Know Your Customer. It helps in identifying a client. SEBI has prescribed KYC requirements. Investors need to be KYC compliant to invest in SEBI registered mutual funds. Details of identity, address, financial status, occupation, and demographic information are a part of the KYC form.

Scripbox does KYC online. The following KYC documents are needed by Resident Indians and PIO residing in India:

  • Address proof (Aadhar Card (Both Front & Back)/Driving License/Passport/Voter ID Card)
  • Photograph
  • Pan Card
  • KYC Authorisation Letter. (Please write on a while plain sheet of paper that "I authorize Scripbox to do my mutual fund KYC" & sign below it)
  • Video Selfie: Record a video by facing the camera for 5 seconds

One has to upload clear color scanned copies of their KYC documents. This can be done during the registration itself. Or. They could also share their KYC documents at help@scripbox.com or Whatsapp it to us on +91-8884448026.

Top IDFC Mutual Funds

Below are the IDFC mutual fund schemes.

Scheme Category AUM in Cr (As on 30th June 2020)
IDFC Low Duration Fund (G) Debt: Low Duration Rs 4,575 Cr
IDFC Bond Fund Short Term Plan (G) Debt: Short Duration Rs 12,716 Cr
IDFC Banking & PSU Debt Fund (G) Debt: Banking and PSU Rs 16,967 Cr
IDFC Multi Cap Fund (G) Equity: Multi Cap Rs 4,556 Cr
IDFC Core Equity Fund (G) Equity: Large & Mid Cap Rs 2,071 Cr

 

Top IDFC Equity Funds

Below are the top-performing IDFC equity mutual fund schemes in India.

Scheme Category AUM in Cr (As on 30th June 2020)
IDFC Core Equity Fund (G) Equity: Large & Mid Cap Rs 2,071 Cr
IDFC Focused Equity Fund (G) Equity: Multi Cap Rs 1,264 Cr
IDFC Large Cap Fund (G) Equity: Large Cap Rs 439 Cr
IDFC Multi Cap Fund (G) Equity: Multi Cap Rs 4,556 Cr

 

Top IDFC Debt Funds

Below are the top-performing IDFC debt mutual fund schemes in India.

Scheme Category AUM in Cr (As on 30th June 2020)
IDFC Banking & PSU Debt Fund (G) Debt: Banking and PSU Rs 16,967 Cr
IDFC Bond Fund Short Term Plan (G) Debt: Short Duration Rs 12,716 Cr
IDFC Cash Fund (G) Debt: Liquid Rs 11,912 Cr
IDFC Money Manager Fund (G) Debt: Money Market Rs 2,215 Cr

 

Top Fund Managers

Top Equity Fund Managers

Mr. Yogik Pitti

Mr. Pitti is associate vice president of fund management at IDFC. He has over a decade of experience in the mutual fund industry. He has been associated with IDFC since 2007. Also, he previously worked with Standard Chartered Bank as a trader. Mr. Pitti has a degree in B.com (H). He manages IDFC Sensex ETF Fund, IDFC Arbitrage Fund, IDFC Equity Savings Fund, and IDFC Nifty ETF Fund.

Sumit Agrawal

Mr. Agarwal joined the IDFC AMC in 2016 and is currently the Vice President – Fund Management. He has more than 12 years of experience in the Finance Industry. His prior associations were with Mirae Asset Mutual Fund as a Fund Manager and Axis Capital. He was also associated with JP Morgan India Services Ltd. Mr. Agarwal holds a Post Graduate Diploma in Management (PGDM) in Finance and also a Bachelor's Degree in Commerce. He is also a Chartered Financial Analyst (USA) and a Company Secretary affiliated with the Institute of Company Secretaries of India. A few of the funds he manages are IDFC Nifty fund and IDFC Dynamic Equity Fund (hybrid fund).

Mr. Anoop Bhaskar

Mr. Bhaskar joined IDFC Mutual Fund in 2016 and is currently the Head – Equity. He has more than 27 years of experience in the mutual fund industry. Prior to joining the AMC, he was working with UTI AMC as Head of Equity. He was then responsible for the entire equity fund management. Also, prior to this, he was associated with Sundaram AMC as a Fund Manager. Mr. Bhaskar holds a Master's in Business Administration degree in Finance. He also holds a Bachelor's degree in Commerce with honors. Some of the funds he manages are Core Equity Fund and Multi cap fund.

Mr. Daylynn Pinto

Mr. Pinto joined IDFC Mutual Fund in 2016 and is currently the Senior Fund Manager - Equity. He has more than 12 years of experience in the industry. Prior to this, he was associated with UTI Mutual Fund as the Fund Manager.  He holds a Post Graduate Diploma in Management (PGDM) and also a Bachelor's degree in Commerce. He manages the Tax Advantage (ELSS) Fund (tax savings fund), and Sterling Value Fund.

Mr. Rajendra Kumar Mishra

Mr. Mishra has been associated with IDFC Mutual Fund since 2011. He is currently the Fund Manager at AMC. He has more than 18 years of experience in the industry. Of which fifteen years in Equities and Investments and also three years in the core industry. His specialties are in fund management, capital markets, and investment analysis and business valuation. His expertise also in listed and unlisted equity asset classes, primarily in the Infrastructure, Real estate, Financials, and Industrial sectors. He holds an MBA degree from IIM Lucknow and also an Engineering degree from the National Institute of Technology, Jamshedpur. He manages the Equity Savings Fund and Infrastructure Fund.

Mr. Arpit Kapoor

Mr. Kapoor joined IDFC AMC in 2015 and is currently the Portfolio Manager at the fund house. He has more than 12 years of experience. At the AMC, he tracks Consumer, Auto, NBFC, and Healthcare sectors. He was previously associated with UTI Mutual Fund as a Fund Manager. Mr. Kapoor holds an MBA degree from IIM Kozhikode. He also holds a B.Tech degree in Electronics and Communication from Dr. A.P.J Abdul Kalam Technical University. Some of the funds he manages are IDFC Asset Allocation Fund (fund of funds), IDFC Nifty Fund,  and IDFC Arbitrage Fund.

Top Debt Fund Managers

Mr. Harshal Joshi

Mr. Joshi is a fund manager for fixed income at IDFC. He has over a decade of experience at IDFC. Before working with IDFC, he worked as a dealer with ICAP India Pvt Ltd. He has done his M.Com and B.Com from Mumbai University. Also, he is a PGDBM in Finance from N.L. Dalmia Institute of Management Studies and Research, Mumbai. He manages the following funds at IDFC, namely, IDFC All Seasons Bond Fund,  Equity Savings Fund (hybrid fund), IDFC Government Securities Fund, and Ultra Short Term Fund.

Mr. Arvind Subramanian

Mr. Subramanian is a fund manager and head of credit research at IDFC. He has been with IDFC for the past nine years. Before joining IDFC, he worked with ICRA Limited as a senior analyst. He was also with JP Morgan as an intern. He did his MBA in finance from Xavier Institute of Management, Bhubaneshwar. Mr. Subramanian also holds a BE degree from Anna University, Chennai. He manages the IDFC Credit Risk Fund, and Dynamic Equity Fund (hybrid fund).

Mr. Suyash Choudhary

Mr. Choudhary is the head of fixed income at IDFC MF. He has over 20 years of experience in the industry. Before joining IDFC, he worked with HSBC Global Asset Management, Standard Chartered Asset Management, and Deutsche Bank. He also has a PGDM from IIM Calcutta. He currently manages the following funds: IDFC Government Securities Fund, IDFC Bond Fund Income Plan, IDFC Dynamic Bond Fund, IDFC Bond Fund Short Term Plan, and IDFC Bond Fund Medium Term Plan.

Mr. Brijesh Shah

Mr. Shah is the associate vice president at IDFC asset management. He has an experience of 10 years in the fixed income market. Before joining IDFC, he was with IDBI asset management. He also worked with IndiaBulls Mutual Fund, Mata Securities & Twenty-First Century. Mr. Shah has a post graduate diploma in finance. He manages the IDFC Overnight Fund.

Mr. Vijay Krishna Kumar

Mr. Kumar is the Head – Liquid Alternative at IDFC Asset Management Company. He is a specialist in India Long/Short investing. He has more than two decades of global investment experience.  Prior to joining IDFC AMC, he was working with Gulmohar Alpha Capital Advisors and SteppenWolf Capital LLC. Also, during this time, he won the 'Best Emerging Markets Investor – India' and 'Best India Long/Short' awards by AI Hedge in 2016. He was also associated with The Chatterjee Group's public equities division and was the Co-CIO of the AGRA India Fund (PCE Investors, London). This was seeded by New Alpha Advisers. It is a consortium of blue chip European insurance companies. Mr. Kumar holds a Master's degree in Corporate and International Finance from Durham University, UK.

Anurag Mittal

Mr. Mittal joined the IDFC Mutual fund in 2015 and is currently the Associate Director – Fixed Income. He has more than a decade of experience in the Banking and Mutual Fund industry. Prior to IDFC, he was associated with HDFC Mutual Fund, Axis Mutual Fund, and ICICI Prudential Life Insurance. Mr. Mittal also worked with Bank of America. He holds a Master's degree from the London School of Economics & Political Science in Accounting & Finance with a specialization in Finance. He also holds a Bachelor's degree in Commerce. Mr. Mittal is also a Chartered Accountant affiliated with the Institute of Chartered Accountants of India. Some of the funds he manages are Hybrid Equity Fund and Regular Savings Fund.

 

Key Information about IDFC AMC

Mutual fund IDFC Mutual Fund
Incorporated 20th December 1999
Sponsor IDFC Limited
Trustee IDFC AMC Trustee Company Private Limited
Chairman Mr. Sunil Kakar
MD and CEO Mr. Vishal Kapoor
Compliance Officer Mr. Sanjay Lakra
Investor Service Officer Mr. Sunil Aryamane
AUM INR 1,04,629.71 crore (31st December 2019)

 

IDFC AMC Contact Details

Auditors Deloitte Haskins and Sells
Custodians Deutsche Bank Limited AG
Registrars Computer Age Management Services Pvt. Ltd.
Address Tower 1, 6th Floor, One IndiaBulls Centre, 841, S. B. Marg, Elphinstone Road (W), Mumbai - 400013
Telephone No. 022-66289999
Fax No. 022-24215052
E-mail investormf@idfc.com
Website https://idfcmf.com/

 

Frequently Asked Questions

How to invest in an IDFC mutual fund?

Investors can invest in IDFC mutual funds through physical and online modes. In a physical mode, investors have to submit a filled application form along with necessary documents. They have to submit them at the nearest branch of IDFC mutual fund. Investors can invest online through the IDFC website or any other online platform that sells mutual funds.

How to stop sip in IDFC mutual fund?

SIP investments can be stopped online or offline. It can be done by sending a letter to the IDFC mutual fund office or the CAMS office asking to stop the mutual fund SIP. Alternatively, they can also login to their IDFC mutual fund account online and stop the mutual fund SIP investment. Investors can also stop their SIP investments through multiple online portals that they invested through. It takes around 30 days for the request to process.

How to withdraw IDFC mutual fund?

To withdraw/redeem investment from IDFC mutual fund, one has to submit a redemption form that can be downloaded at the IDFC website or available at the end of the account statement. The investor can submit the form at the nearest branch. Alternatively, they can also redeem their investment online. The redemption will be processed as per the applicable Net Asset Value (NAV) as on the date and time of receipt of the request. The mutual fund schemes NAV is determined at the end of the day by the fund house. The fund house has to publish the mutual fund schemes NAV every day after the closing hours. 

Investors who invested through online portals like Scripbox can redeem their investments from there as well.

How to increase the sip amount in IDFC mutual fund?

Increasing the SIP amount can be done by stopping the existing SIP and starting a new SIP with the new amount. Or one can let the ongoing SIP continue and start a new SIP in the same fund with the additional amount. So there will be two SIPs in one fund. If one hasn't started investing yet, they can always opt for a SIP top-up option. It lets investors top-up SIP with a certain amount or a certain percentage every year.

Is IDFC Mutual Fund good?

IDFC was established in 2000. It has over two decades of experience in asset management. The AMC is among the Top 10 asset managers by AUM in India. The asset management company offers a range of well-constructed investment products across fixed income, equities, liquid alternatives, and portfolio management services (PMS). IDFC Mutual Fund manages client assets more than INR 1 trillion for over 1 million investor folios. The investors are individual clients, corporates, institutions, and family run businesses. IDFC Mutual Fund has its presence in more than 46 cities and serves clients across 280 towns. Few of the well-known IDFC mutual fund schemes are Low Duration Fund, IDFC Credit Risk Fund, IDFC Bond Fund Short Term Plan, Ultra Short Term Fund, IDFC Banking & PSU Debt Fund, Multi Cap Fund, IDFC Asset Allocation Fund (fund of funds), IDFC All Seasons Bond Fund, Dynamic Bond Fund, and Core Equity Fund.

Which IDFC Mutual Fund is best?

IDFC Mutual Fund has been in the market for more than 20 years now. It has grown through various market conditions. The fund house aims to provide a better outcome for savings for investors by helping them make smarter investment choices. The high quality investment solutions help in achieving the investor's goal.

An investor has to find their best fit by aligning their objectives and risk profile with that of the fund's objectives and risk profile. Scripbox recommends IDFC Low Duration Fund.