• Mutual Funds
  • IDFC Mutual Funds
  • IDFC Floating Rate Fund (RIDCW-A)

Formerly IDFC Floating Rate Reg Ann DR

IDFC Mutual Funds

IDFC Floating Rate Fund (RIDCW-A)

DebtShort Term

10.1134

NAV (Aug 05)

3.3%
Till Date CAGR
Scripbox Opinion
Not Reviewed yet
Our analysis of this fundLearn how we rate funds ->

Fund Size

₹ 751 Cr

Rolling Returns

View all 8 analysis

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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

10.1134

NAV (Aug 5)

Fund Returns

Last 1Y

3%

Last 3Y

NA

Last 5Y

NA

Last 10Y

NA

Since Inception

3.3%

6 Month CAGR

1.5%

Scheme Information

Investment Objective

The Fund seeks to generate returns by creating a portfolio that is primarily invested in floating rate instruments,including fixed rate instruments swapped for floating returns and other debt and money market instruments.

Expense Ratio

0.8

Launched (1y ago)

Feb 22, 2021

AUM in Crores

750.922

ISIN

INF194KB1AZ4

Lock-in

No Lock-in

Benchmark

NIFTY Low Duration Debt Index TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Fund Managers

Suyash Choudhary

Fund Manager

Viraj Kulkarni

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 2022-08-05

Top Debt Holdings

interest rate swaps (25/07/2022) receive floating

53.3%
53.3%

interest rate swaps (25/07/2022) pay fix

53.3%
53.3%

5.63% govt stock 2026

21%
21%

182 Days Treasury Bill 15-12-2022

9.8%
9.8%

triparty repo

8.2%
8.2%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 49,911 cr

₹ 14,870 cr

₹ 15,889 cr

₹ 14,702 cr

₹ 49,911 cr

About the AMC

IDFC Asset Management Company Limited

IDFC Asset Management Company Limited manages assets worth 122,611 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

    5.4%

    7.8%

    4.5%

    8%

    17.4%

    11.2%

    7.8%

    8.6%

    5.1%

    7.2%

    Investment Calculator

    Investment Duration5 years

    0

    Total Investment

    0

    Wealth Gained

    0

    Total Corpus Created (₹)

    With CAGR of 11.25 % in 5 years

    IDFC Floating Rate Fund (RIDCW-A) Review

    IDFC Floating Rate Fund (RIDCW-A) is a Short Term Debt fund and has delivered an annualised return of 3.3% over a period of 1 years. The fund was previously known as IDFC Floating Rate Reg Ann DR. The fund is managed by IDFC Asset Management Company Limited. The fund managers are Anurag Mittal, Suyash Choudhary, Viraj Kulkarni.

    Nav of IDFC Floating Rate Fund (RIDCW-A) as of 8/5/2022 is ₹10.11 with the total AUM as of 8/6/2022 is ₹750.922. With Scripbox you can compare and check the latest nav for all mutual funds in India. IDFC Floating Rate Fund (RIDCW-A) was launched on Feb 22, 2021. The category risk of the fund is Low to Moderate Risk.

    The minimum SIP amount for IDFC Floating Rate Fund (RIDCW-A) 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 Floating Rate Fund (RIDCW-A) 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 Low Duration Debt Index TR INR.

    IDFC Floating Rate Fund (RIDCW-A) is rated as a 0 fund in Debt and delivered 3% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with IDFC Floating Rate Fund (RIDCW-A).

    Frequently Asked Questions

    What is IDFC Floating Rate Fund (RIDCW-A)?

    IDFC Floating Rate Fund (RIDCW-A) is a Short Term Debt scheme predominantly investing across Debt stocks with an investment objective to generate wealth over the long term.

    How to invest in IDFC Floating Rate Fund (RIDCW-A)?

    You can invest in IDFC Floating Rate Fund (RIDCW-A) 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 Floating Rate Fund (RIDCW-A)?

    The minimum sip amount for IDFC Floating Rate Fund (RIDCW-A) is ₹1000. You can invest in multiples of ₹5000.

    Is IDFC Floating Rate Fund (RIDCW-A) good to invest in?

    As per Scripbox experts, IDFC Floating Rate Fund (RIDCW-A) is a Not Reviewed Yet fund. You can investIDFC Floating Rate Fund (RIDCW-A) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

    What is the expense ratio of the IDFC Floating Rate Fund (RIDCW-A)?

    The expense ratio of the IDFC Floating Rate Fund (RIDCW-A) is 0.8% for regular plan.