Our Funds / Debt Funds

IDFC Floating Rate Fund

An Open-ended Debt Scheme predominantly investing in floating rate instruments (including fixed rate instruments converted to floating rate exposures using swaps/derivatives). A scheme with moderate interest rate risk and moderate credit risk.

DebtInception Date:18/02/2021
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The Fund seeks to generate returns by creating a portfolio that is primarily invested in floating rate instruments, including fixed rate instruments swapped for floating returns and other debt and money market instruments.

 

  • Min Investment 5,000
  • Min SIP Amount 1,000
  • Exit Load

    Nil

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Annualised Returns(as on 31st Jul, 2022)2.98%1yrN.A.3yrN.A.5yr
NAV 10.5196 as on 17/08/20221 Day Change: 0.01(0.13%)

Allocation to Satellite bucket with a minimum investment horizon of 6 months

Tier 1 Benchmark : Nifty Low Duration Debt IndexAlternate Benchmark : CRISIL 10 Year Gilt Index

Performance as on 31st July 2022

Scheme NamesCAGR Returns (%)Current value of Investment of 10,000
1 year3 year5 year10 year18/02/2021 Since inception1 year3 year5 year10 year18/02/2021 Since inception
IDFC Floating Rate Fund - Regular Plan - Growth2.98N.A.N.A.N.A.3.3110,298N.A.N.A.N.A.10,480
3.605.416.187.443.8110,36011,71713,49920,50810,523
-1.292.834.256.400.269,87110,87412,31518,60810,038
^ Tier 1 Benchmark   |   ^^ Alternate Benchmark   |   ^^^ Tier 2 Benchmark

This fund is managed by Suyash Choudhary (w.e.f 28/07/2021)

View fund performance of other funds managed by Suyash Choudhary

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 Floating Rate Fund

(Scheme Risk-o-meter)

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

Nifty Low Duration Debt Index

(Tier 1 Benchmark Risk-o-meter)

This product is suitable for investors who are seeking* :

  • To generate short-term optimal returns.
  • To invest predominantly in floating rate instruments

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