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

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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)

Annualised Returns(as on 31st May, 2022)2.68%1yr6.88%3yr7.24%5yr

NAV 19.9583 as on 16/06/20221 Day Change: -0.00(-0.01%)

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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
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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
NIFTY Banking and PSU Debt Index ^	3.87	7.31	6.81	7.96	7.77	10,387	12,365	13,904	21,513	19,825
CRISIL 10 Year Gilt Index ^^	-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)

Performance of IDFC Banking & PSU Debt Fund - Regular Plan - Growth as on 31/05/2022.

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.