Our Funds / Debt Funds

IDFC Banking and PSU Debt Fund

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

Ask an Advisor

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)

Annualised Returns(as on 31st Jul, 2022)2.65%1yr6.56%3yr7.09%5yr

NAV 20.1377 as on 10/08/20221 Day Change: 0.01(0.05%)

Get NAV History

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
Portfolio
Download
Details

Performance as on 31st July 2022

Scheme Names	CAGR Returns (%)					Current value of Investment of 10,000
	1 year	3 year	5 year	10 year	07/03/2013 Since inception	1 year	3 year	5 year	10 year	07/03/2013 Since inception
IDFC Banking & PSU Debt Fund - Regular Plan - Growth	2.65	6.56	7.09	N.A.	7.71	10,265	12,103	14,092	N.A.	20,101
NIFTY Banking and PSU Debt Index ^	2.32	6.44	6.29	7.72	7.54	10,232	12,067	13,570	21,047	19,688
CRISIL 10 Year Gilt Index ^^	-1.29	2.83	4.25	6.40	6.00	9,871	10,874	12,315	18,608	17,304
^ 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)

Performance of IDFC Banking & PSU Debt Fund - Regular Plan - Growth as on 31/07/2022.

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.