Click here for top ranked funds in corporate bond mutual funds.
However, Scripbox does not recommend investing in corporate bond mutual funds.
Corporate Bond Funds are mandated to invest a minimum of 80% of total assets in Corporate Bonds of the highest ratings.The category is one of the largest categories within the Debt Segment(9 % of total debt funds assets).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.
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Scheme Information
Investment Objective
The Fund seeks to provide steady income and capital appreciation by investing primarily in AA+ and above rated corporate debt securities across maturities.
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.
IDFC Asset Management Company Limited manages assets worth 122,101 crores and was set up on 20 December 1999. It's current offering of mutual fund schemes includes 33 equity,198 debt and 32 hybrid funds.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
Top Ranked
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Category View
We check if the sub-category of the fund is recommended by us.
Consistency Of Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Credit Quality Of Fund’s Portfolio
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Equity Funds
Debt Funds
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About IDFC Corporate Bond Fund (DR-6M)
About IDFC Corporate Bond Fund (DR-6M)
IDFC Corporate Bond Fund (DR-6M) is a corporate bond debt fund and has delivered an annualised return of 6.2% over a period of 5 years ..The fund is managed by IDFC Asset Management Company Limited.The fund manager’s name is Anurag Mittal.
IDFC Corporate Bond Fund (DR-6M) Investment Objective
The Fund seeks to provide steady income and capital appreciation by investing primarily in AA+ and above rated corporate debt securities across maturities. However, there is no assurance that the objective of the scheme will be realized.
IDFC Corporate Bond Fund (DR-6M) NAV,AUM,Risk
The IDFC Corporate Bond Fund (DR-6M) fund was launched on Apr 07, 2016. The NAV (Net Asset Value) of this corporate bond debt as of 2021-02-24 is ₹ 10.8943. The total AUM (Asset Under Management) of the fund as of 2021-02-24 is ₹ 22998.604. The category risk of the IDFC Corporate Bond Fund (DR-6M) fund is Moderate Risk.
The fund charges 0.58 % as expense ratio.
IDFC Corporate Bond Fund (DR-6M) Holdings
The fund’s highest allocation is towards debt and has invested 96.2% in this asset class. The top three holdings of the fund are 5.22% goi 2025,reliance industries limited and 7.32% govt stock 2024
IDFC Corporate Bond Fund (DR-6M) SIP
The minimum SIP (Systematic Investment Plan) amount for this 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.
IDFC Corporate Bond Fund (DR-6M) Investment volatility and Horizon
This fund 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 AAA Short Duration Bond TR INR.
IDFC Corporate Bond Fund (DR-6M) Review
IDFC Corporate Bond Fund (DR-6M) has a score of 3 on a scale of 5. The fund scores 3 out of 5 based on historical performance. As compared to the other funds in its category, IDFC Corporate Bond Fund (DR-6M) has a score of 5 out of 5.
The credit risk of the fund is 4 out of 5 as compared to other debt funds.
