IDFC Banking & PSU Debt Fund - Direct Plan

Our Funds / Debt Funds

IDFC Banking & PSU Debt Fund - Direct Plan

An open ended debt scheme predominantly investing in debt instruments of banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds. A scheme with relatively high interest rate risk and relatively low credit risk.

DebtInception Date:07/03/2013
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The Fund will predominantly invest in high quality money market and debt instruments of Banks, PSU and PFI. (Min. recommended investment horizon- 3 years)


 

  • Min Investment 5,000
  • Min SIP Amount 1,000
  • Exit Load
    Nil (w.e.f. June 12th 2017)
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Annualised Returns(as on 31st Oct, 2022)3.09%1yr5.81%3yr7.03%5yr
NAV 20.4307 as on 28/11/20221 Day Change: 0.01(0.05%)

Scheme is suitable as 'Core' debt allocation and is recommended for a minimum investment horizon of 3 years

Tier 1 Benchmark : NIFTY Banking and PSU Debt IndexAlternate Benchmark : CRISIL 10 Year Gilt Index

Performance as on 31st October 2022

Scheme NamesCAGR Returns (%)Current value of Investment of 10,000
1 year3 year5 year10 year07/03/2013 Since inception1 year3 year5 year10 year07/03/2013 Since inception
IDFC Banking & PSU Debt Fund - Regular Plan - Growth3.095.817.03N.A.7.6210,31111,84814,049N.A.20,326
2.166.036.237.557.5110,21611,92313,53120,71019,995
-0.983.104.596.235.909,90210,96112,51718,30217,397
^ Tier 1 Benchmark   |   ^^ Alternate Benchmark   |   ^^^ Tier 2 Benchmark

This fund is managed by Suyash Choudhary (w.e.f 28/07/2021) & Mr. Gautam Kaul (w.e.f 01/12/2021)

View fund performance of other funds managed by Suyash Choudhary, Mr. Gautam Kaul

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.

Taxation:

For taxation, please refer the link :  https://bit.ly/3a5CcbE

IDFC Banking and PSU Debt Fund

(Scheme Risk-o-meter)

Investors understand that their principal will be at Low To Moderate Risk.

NIFTY Banking and PSU Debt Index

(Tier 1 Benchmark Risk-o-meter)

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.