IDFC Corporate Bond Fund - Direct Plan

Our Funds / Debt Funds

IDFC Corporate Bond Fund - Direct Plan

An open ended debt scheme predominantly investing in AA+ and above rated corporate bonds. A scheme with relatively high interest rate risk and relatively low credit risk.

DebtInception Date:12/01/2016
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The fund focuses on delivering returns through investment in the corporate bond segment. (Min. recommended investment horizon- 3 years)

 

  • Min Investment 5,000
  • Min SIP Amount 1,000
  • Exit Load
    Nil
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Annualised Returns(as on 31st Oct, 2022)2.01%1yr5.78%3yr6.25%5yr
NAV 15.9023 as on 25/11/20221 Day Change: 0.00(0.02%)

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

Tier 1 Benchmark : NIFTY Corporate Bond Index B-III (w.e.f. 1st April 2022)Alternate Benchmark : CRISIL 10 Year Gilt Index

Tier 2 Benchmark : NIFTY AAA Short Duration Bond Index

Performance as on 31st October 2022

Scheme NamesCAGR Returns (%)Current value of Investment of 10,000
1 year3 year5 year10 year12/01/2016 Since inception1 year3 year5 year10 year12/01/2016 Since inception
IDFC Corporate Bond Fund - Regular Plan - Growth2.015.786.25N.A.6.9610,20211,83713,542N.A.15,809
3.476.917.05N.A.7.5510,34912,22114,058N.A.16,409
2.425.916.62N.A.7.1710,24411,88113,780N.A.16,017
-0.983.104.596.235.769,90210,96112,51718,30214,639
^ 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 Corporate Bond Fund

(Scheme Risk-o-meter)

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

NIFTY Corporate Bond Index B-III (w.e.f. 1st April 2022)

(Tier 1 Benchmark Risk-o-meter)

NIFTY AAA Short Duration Bond Index

(Tier 2 Benchmark Risk-o-meter)

This product is suitable for investors who are seeking* :

  • To generate medium to long term optimal returns.
  • Investments predominantly in high quality corporate bonds.

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