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  • IDFC Banking & PSU Debt Fund (Growth)
IDFC Mutual Funds

IDFC Banking & PSU Debt Fund (Growth)

DebtBanking And Psu

19.9937

NAV (Jun 24)

6.9%
3 Year CAGR
Scripbox Opinion
Neutral
Click here for top ranked funds in banking and psu mutual funds.

However, Scripbox does not recommend investing in banking and psu mutual funds.

Banking and PSU Funds are mandated to invest a minimum of 80% of total assets in debt instruments issued by Banks, Public Sector Undertakings and Public Financial Institutions.

They tend to invest in medium to long duration securities and hence are exposed to higher variations when interest rates change.

The category accounts for close to 8% of the total assets in the Debt Segment.

We assess the credit quality of funds in this category as relatively poor.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher credit risk and higher interest rate risk.

Our analysis of this fundLearn how we rate funds ->

Track Record

9 Years. The Fund has Sufficient history for analysis and the track record is good.

Relative Size

16,555 Cr. Category leader in size

Impact of Interest Rate Changes

Low Interest Rate Risk. The impact on fund value is quite low when interest rates change

Credit Quality Of Fund's Portfolio

High Credit Risk. The fund has a lower credit quality compared to other debt funds

Scripbox Recommended Debt Funds

Want the floating rate funds that are right for your short term investment needs?

Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

19.9937

NAV (Jun 24)

Fund Returns

Last 1Y

2.8%

Last 3Y

6.9%

Last 5Y

7.2%

Last 10Y

NA

Since Inception

7.7%

6 Month CAGR

0.9%

Scheme Information

Investment Objective

The Scheme seeks to generate returns through investments in debt and money market instruments predominantly issued by entities such as Banks,Public Sector Undertakings (PSUs) and Public Financial Institutions (PFIs).

Expense Ratio

0.62

Launched (9y ago)

Mar 07, 2013

AUM in Crores

16554.143

ISIN

INF194K01SN6

Lock-in

No Lock-in

Benchmark

NIFTY Banking & PSU Debt TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Fund Managers

Gautam Kaul

Fund Manager

Suyash Choudhary

Fund Manager

Anurag Mittal

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2022-06-24

Top Debt Holdings

national bank for agriculture and rural development

6.7%
6.7%

axis bank limited

5.9%
5.9%

bank of baroda

4.4%
4.4%

triparty repo

4.2%
4.2%

indian railway finance corporation limited

3.7%
3.7%
See all holdings

Comparison with Debt Funds

Fund NameScripbox OpinionFund SizeTrack Record
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 44,308 cr

5

₹ 14,441 cr

5

₹ 18,739 cr

5

₹ 12,059 cr

5

₹ 44,308 cr

5

About the AMC

IDFC Asset Management Company Limited

IDFC Asset Management Company Limited manages assets worth 121,537 crores and was set up on 20 December 1999. It's current offering of mutual fund schemes includes 33 equity,199 debt and 32 hybrid funds.

amc-img

  • 022-66289999
  • investormf@idfc.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    5.8%

    7.7%

    5%

    7.9%

    11.2%

    10.4%

    7.8%

    8.6%

    5.5%

    6.4%

    Investment Calculator

    Investment Duration5 years

    0

    Total Investment

    0

    Wealth Gained

    0

    Total Corpus Created (₹)

    With CAGR of 11.25 % in 5 years

    IDFC Banking & PSU Debt Fund (G) Review

    IDFC Banking & PSU Debt Fund (G) is a Banking And Psu Debt fund and has delivered an annualised return of 7.7% over a period of 9 years. The fund is managed by IDFC Asset Management Company Limited. The fund managers are Anurag Mittal, Gautam Kaul, Suyash Choudhary.

    Nav of IDFC Banking & PSU Debt Fund (G) as of 6/24/2022 is ₹19.99 with the total AUM as of 6/26/2022 is ₹16554.143. With Scripbox you can compare and check the latest nav for all mutual funds in India. IDFC Banking & PSU Debt Fund (G) was launched on Mar 07, 2013. The category risk of the fund is Low to Moderate Risk.

    The minimum SIP amount for IDFC Banking & PSU Debt Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

    IDFC Banking & PSU Debt Fund (G) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to NIFTY Banking & PSU Debt TR INR.

    IDFC Banking & PSU Debt Fund (G) is rated as a 2 fund in Debt and delivered 2.8% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with IDFC Banking & PSU Debt Fund (G).

    Frequently Asked Questions

    What is IDFC Banking & PSU Debt Fund (G)?

    IDFC Banking & PSU Debt Fund (G) is a Banking And Psu Debt scheme predominantly investing across Debt stocks with an investment objective to generate wealth over the long term.

    How to invest in IDFC Banking & PSU Debt Fund (G)?

    You can invest in IDFC Banking & PSU Debt Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

    What is the minimum sip amount of IDFC Banking & PSU Debt Fund (G)?

    The minimum sip amount for IDFC Banking & PSU Debt Fund (G) is ₹1000. You can invest in multiples of ₹5000.

    Is IDFC Banking & PSU Debt Fund (G) good to invest in?

    As per Scripbox experts, IDFC Banking & PSU Debt Fund (G) is a Neutral fund. You can investIDFC Banking & PSU Debt Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

    What is the expense ratio of the IDFC Banking & PSU Debt Fund (G)?

    The expense ratio of the IDFC Banking & PSU Debt Fund (G) is 0.62% for regular plan.