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.
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 LoadNil (w.e.f. June 12th 2017)
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
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Performance as on 31st May 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 | 2.68 | 6.88 | 7.24 | N.A. | 7.76 | 10,268 | 12,212 | 14,186 | N.A. | 19,946 |
3.87 | 7.31 | 6.81 | 7.96 | 7.77 | 10,387 | 12,365 | 13,904 | 21,513 | 19,825 | |
-3.88 | 4.08 | 4.31 | 6.30 | 5.90 | 9,612 | 11,276 | 12,350 | 18,420 | 16,979 | |
^ 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)

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.