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Inception Date: 07 Mar 2013

IDFC Banking and PSU Debt Fund

IDFC Banking and PSU Debt Fund will predominantly invest in high quality money market and debt instruments of Banks, PSU and PFI.

An open ended debt scheme predominantly investing in debt instruments of banks Public Sector Undertakings Public Financial Institutions and Municipal Bonds
IDFC Banking & PSU Debt Fund - Regular Plan - Growth
  • Fund Category:

    Debt VIEW ALL
  • Returns Period:

    7.84 %
    5+ yrs

Fund Summary

Fund Manager:

Min. Investment: 5,000.00

Min. SIP 1,000.00

Exit Load:
Nil (w.e.f. June 12th 2017)

Why choose this fund?

  • FUND PERFORMANCE
  • STRATEGY & PORTFOLIO
  • DOCUMENTS
Value of ` 10,000 invested in IDFC Banking & PSU Debt Fund - Regular Plan - Growth
Scheme Name CAGR Returns (%) Current value of Investment of ₹ 10,000
1 Year 3 Years 5 Years Since Inception 07 Mar 2013 1 Year 3 Years 5 Years Since Inception 07 Mar 2013
IDFC Banking & PSU Debt Fund - Regular Plan - Growth 10.62 7.32 7.84 8.12 11062.13 12359.61 14591.85 16370.3
Crisil Short Term Bond Fund Index # 9.06 7.51 8.2 8.4 10906.01 12427.44 14832.49 16642.07
CRISIL 1 Year T-Bill Index ## 7.95 6.76 7.29 7.12 10794.63 12166.52 14219.14 15444.1

# Scheme Benchmark   

## Scheme Alternate Benchmark

This fund is managed by Anurag Mittal (w.e.f 15 May 2017 )

* Performance based on NAV as on 30 Jun 2019.

View fund performance of other funds managed by Anurag Mittal

Past performance may or may not be sustained in future.
Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc.

DIVIDEND HISTORY

Dividend considered here is for Regular Plan paid to Individual investors.

RECORD DATE /UNIT    NAV
27 Jun 2019 .03 10.3504
30 May 2019 .12 10.4672
28 Mar 2019 .04 10.3613
27 Feb 2019 .04 10.2163
30 Jan 2019 .05 10.2190

Face Value per Unit is Rs.10. Dividend is not guaranteed and past performance may or may not be sustained in future. Pursuant to payment of dividend, the NAV of the scheme would fall to the extent of payout and statutory levy (as applicable).

If you have invested in our funds, check its value as of today

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Taxation:

  • Equity oriented mutual funds - Long Term Capital Gains Tax (holding period is 12 months from date of investment^): 10%*#
  • Short Term capital Gains Tax: 15%*
  • Dividend Distribution Tax: 10%*
  • Other than Equity oriented mutual funds - Long Term Capital Gains Tax (holding period is 36 months from date of investment): 20% with indexation*
  • Short Term capital Gains Tax: As per income tax slab*
  • Dividend Distribution Tax: 25%*

#LTCG exceeding Rs. 1,00,000 on transfer of units of equity oriented mutual fund would be taxable at the rate of 10%
(plus applicable surcharge and education cesses) subject to payment of securities transaction tax at the time of transfer.
*These rates will further increase by applicable surcharge and education cess
The information provided above is as per prevailing taxation laws and applicable to Individuals who are Residents in India respectively.
^Securities transaction tax (STT) will be deducted on equity funds at the time of redemption and switch to the other schemes.

  • Investors understand that their principal will be at moderate risk

  • This product is suitable for investors who are seeking* :

    To generate optimal returns over short to medium term.

    Investments predominantly in debt & money market instruments issued by PSU, Banks & PFI.

    *Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

* Performance based on NAV as on 30 Jun 2019.
 
 
 
 
 
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