₹ 10.8943
NAV (Feb 24)
Neutral
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.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Track Record
5 Years. The fund has Relatively moderate history for analysis. We recommend funds with longer history.
Relative Size
22,999 Cr. Category leader in size
Impact of Interest Rate Changes
High Interest Rate Risk. The impact on fund value is high when interest rates change
Credit Quality Of Fund's Portfolio
Low Credit Risk. The fund has a high credit quality compared to other debt funds
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
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Scheme Information
The Fund seeks to provide steady income and capital appreciation by investing primarily in AA+ and above rated corporate debt securities across maturities.
Low
Low to Moderate
Moderate
Moderately High
High
Very High
Moderate Risk
0.58 %
Expense Ratio
Apr 07, 2016
Launched (5y ago)
₹ 22,999
AUM in Crores
INF194KA1R93
ISIN
No Lock-in
Lock-in
NIFTY AAA Short Duration Bond TR INR
Benchmark
₹ 1,000
SIP Minimum
₹ 5,000
Lumpsum Min.
Returns Calculator Comparison
of
for
with step up of
Instrument | Returns | Total Corpus | Gains | Annualised % |
---|---|---|---|---|
Mutual Fund | ₹ 965,796 | ₹ 233,184 | 11.25% | |
EPF | ₹ 900,761 | ₹ 168,149 | 8.50% | |
Property | ₹ 867,662 | ₹ 135,050 | 7.00% | |
PPF | ₹ 869,819 | ₹ 137,207 | 7.10% | |
Bank FD | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Gold | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Savings Bank | ₹ 825,950 | ₹ 93,338 | 5.00% |
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.
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
Comparison with Debt Funds
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About the AMC
IDFC Asset Management Company Limited
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.
Low Duration
Recommended
Top Ranked
₹ 6,524 Cr
Fund Size
7.3%
3Y returns
Low Duration
Top Ranked
₹ 6,524 Cr
Fund Size
5.4%
3Y returns
Low Duration
Top Ranked
₹ 6,524 Cr
Fund Size
5.3%
3Y returns
Low Duration
Top Ranked
₹ 6,524 Cr
Fund Size
5.3%
3Y returns
Low Duration
Top Ranked
₹ 6,524 Cr
Fund Size
0.4%
3Y returns
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
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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.
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.
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.
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
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.
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) 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.