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4 star

IDFC Bond Fund Medium Term Plan - Direct Plan


1 Lakh

Investment Grown to
₹ 1.06 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

Suitability:

Medium Duration debt funds invest mainly in bonds maturing in about three to four years. They aim to earn better returns than bank fixed deposits of a similar duration. The risk of incurring a loss in these funds over the said time frame is low, but they do not guarantee returns or safety of capital.

Retail investors can avoid these funds altogether. We believe that Short Duration funds are a better alternative for the fixed-income allocation in an investor’s portfolio.

We also believe that investors with an investment horizon of more than three years may consider investing some portion of their money in equity funds to earn higher returns. They witness more severe ups and downs than debt funds but the possibility of incurring a loss reduces with an increase in one’s investment horizon.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 1.03 -0.03 0.22 0.58 2.78 1.45 6.00 9.26 8.32 8.63 --
VR Bond 0.81 0.06 0.26 0.30 1.67 0.99 3.52 7.18 6.61 7.15 --
Debt: Medium Duration 2.28 0.03 0.28 0.79 2.76 2.64 8.45 6.19 7.54 8.07 --
Rank within category 18 18 15 17 8 18 12 4 5 5 --
Number of funds in category 18 19 19 19 18 18 16 14 13 10 0

As on 14-Jun-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
IDFC Bond Fund Medium Term Plan - Direct Plan
4 star
Jan-13 6.00 9.26 8.32 0.75 4,528
SBI Magnum Medium Duration Fund - Direct Plan  | Invest Online
5 star
Jan-13 8.60 10.38 10.11 0.68 9,122
ICICI Prudential Medium Term Bond Fund - Direct Plan  | Invest Now
4 star
Jan-13 11.38 9.53 8.94 0.74 6,683
HDFC Medium Term Debt Fund - Direct Plan  | Invest Online
4 star
Jan-13 11.13 9.49 8.81 0.49 3,310
Axis Strategic Bond Fund - Direct Plan
4 star
Jan-13 9.87 9.06 9.02 0.35 1,426

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 2.17 24-Mar-2020 - 31-Mar-2020 -1.91 12-Aug-2013 - 19-Aug-2013
Month 3.99 24-Mar-2020 - 23-Apr-2020 -2.28 19-Jul-2013 - 19-Aug-2013
Quarter 6.71 09-Apr-2020 - 10-Jul-2020 -3.38 20-May-2013 - 19-Aug-2013
Year 12.61 02-Jul-2019 - 01-Jul-2020 3.26 11-Sep-2017 - 11-Sep-2018

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 8.83 2.48 1.83 2.30 1.02 1.94
VR Bond 6.84 2.05 1.24 1.72 -- --
Debt: Medium Duration 5.98 4.68 0.90 1.24 0.50 0.42
Rank within category 4 4 4 4 14 7
Number of funds in category 14 14 14 14 14 14

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-May-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 28 50 28 38
Modified Duration (yrs) 3.32 3.76 3.32 --
Average Maturity (yrs) 4.02 4.65 4.02 --
Yield to Maturity (%) 5.40 6.00 4.97 --
Avg Credit Rating AAA -- -- --

Value Research Fund Style*

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
down 6.97% GOI 2026 GOI Securities SOV 0.00 - 42.09 34.97
new 5.63% GOI 2026 GOI Securities SOV 0.00 - 30.84 30.84
up 5.22% GOI 15/06/2025 GOI Securities SOV 0.00 - 21.62 5.49
equal 6.95% Reliance Industries 15/03/2023 Non Convertible Debenture AAA 4.27 - 6.74 4.61
equal 7.35% Power Finance Corporation 15/10/2022 Debenture AAA 2.97 - 4.73 3.20
equal 7.24% LIC Housing Fin. 23/08/2021 Non Convertible Debenture AAA 2.47 - 5.69 2.56
down 6.79% GOI 15/05/2027 GOI Securities SOV 1.67 - 36.80 1.68
equal 8.58% HDFC 18/03/2022 Debenture AAA 1.09 - 1.74 1.16
equal 8.83% REC 21/01/2022 Non Convertible Debenture AAA 0.85 - 1.36 0.91
equal 6.22% HDFC 2021 Debenture AAA 0.00 - 1.08 0.89
equal First Business Receivable Trust Securitised Debt AAA 0.04 - 0.10 0.75
new Axis Bank 13/05/2022 Certificate of Deposit A1+ 0.00 - 0.70 0.70
equal 8.50% REC 20/12/2021 Bonds/NCDs AAA 0.00 - 0.68 0.68
equal 8.30% Reliance Industries 2022 Debenture AAA 0.66 - 3.17 0.68
equal 6.19% Indian Railway Finance Corporation 28/04/2023 Debenture AAA 0.52 - 0.83 0.57
equal 7.12% REC 31/03/2023 Non Convertible Debenture AAA 0.53 - 0.84 0.57
new Reserve Bank of India 182-D 12/11/2021 Treasury Bills SOV 0.00 - 0.52 0.52
equal 8.20% Gujarat State 24/06/2025 State Development Loan SOV 0.34 - 0.54 0.36
equal 8.25% Maharashtra State 13/05/2025 State Development Loan SOV 0.34 - 0.54 0.36
equal 7.45% REC 30/11/2022 Non Convertible Debenture AAA 0.32 - 1.65 0.34
up 8.24% GOI 15/02/2027 Central Government Loan SOV 0.00 - 14.41 0.27
equal 6.99% REC 30/09/2024 Non Convertible Debenture AAA 0.21 - 0.34 0.23
equal 7.87% HDFC 18/07/2022 Non Convertible Debenture AAA 0.11 - 0.17 0.11
equal 7.17% GOI 2028 GOI Securities SOV 0.00 - 9.34 0.06
equal 8.37% Tamilnadu State 2028 State Development Loan SOV 0.04 - 0.07 0.05

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-May-2021

*As on 30-Apr-2021

Fund Manager

— Suyash Choudhary since 16-Sep-2015

Education: Mr. Choudhary is a B.A (H) Economics from Delhi University and PGDM from IIM Calcutta.

Experience: Prior to joining IDFC Mutual Fund he has worked with HSBC Asset Management (India) Pvt. Ltd., Standard Chartered Asset Management Co. Pvt. Ltd. and Deutsche Bank.

Interviews:

Funds Managed:


-0.03%

Change from previous, NAV as on 14-Jun-2021

Growth: ₹ 39.3447

IDCW Quarterly: ₹ 11.2003

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IDCW Periodic: ₹ 10.2732

IDCW Monthly: ₹ 10.4855

IDCW Fortnightly: ₹ 10.2673

IDCW Daily: ₹ 10.4207

IDCW Bimonthly: ₹ 12.2535


Investment Strategy

The scheme seeks to invest in a diversified set of debt and money market securities with the aim of generating optimal returns over medium term such that the Macaulay duration of the portfolio is between 3 years and 4 years.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 500
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: IDFC Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 8.53%
Benchmark: Nifty AAA Medium Duration Bond
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 4,528 Cr (As on 31-May-2021)
Expense: 0.75% (As on 30-Apr-2021)
Risk Grade: Average
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily11-Jun-20210.0042

 10-Jun-20210.0069
 09-Jun-20210.0003
 08-Jun-20210.0146
 07-Jun-20210.0005
 25-May-20210.0128
 24-May-20210.0054
 21-May-20210.0038
 20-May-20210.0055
 19-May-20210.0020
 18-May-20210.0015
 17-May-20210.0037
 12-May-20210.0033
 11-May-20210.0009
 10-May-20210.0019
 07-May-20210.0025
 06-May-20210.0069
 05-Jan-20210.0065
 04-Jan-20210.0223
 01-Jan-20210.0053
 31-Dec-20200.0052
 30-Dec-20200.0082
 29-Dec-20200.0029
 28-Dec-20200.0108
 24-Dec-20200.0027
IDCW Fortnightly08-Jun-20210.0148

 25-May-20210.0375
 11-May-20210.0127
 05-Jan-20210.0632
 22-Dec-20200.0208
 08-Dec-20200.0093
 24-Nov-20200.0640
 10-Nov-20200.0096
 27-Oct-20200.0448
 13-Oct-20200.0922
 21-Jul-20200.0404
 07-Jul-20200.0518
 23-Jun-20200.0678
 09-Jun-20200.0106
 26-May-20200.0896
 12-May-20200.0674
 28-Apr-20200.1263
 31-Mar-20200.0179
 03-Mar-20200.0101
 18-Feb-20200.0795
 04-Feb-20200.0588
 21-Jan-20200.0157
 07-Jan-20200.0169
 26-Nov-20190.0949
 13-Nov-20180.0391
IDCW Bimonthly28-May-20210.0991

 28-Jan-20210.0217
 25-Nov-20200.2173
 28-Jul-20200.3241
 28-May-20200.5768
 24-Mar-20200.0990
 28-Jan-20200.0226
 28-Nov-20190.1517
 26-Sep-20190.1104
 26-Jul-20190.2303
 30-May-20190.0774
 28-Mar-20190.1420
 30-Jan-20190.1093
 29-Nov-20180.1541
 27-Sep-20180.0381
 30-Jul-20180.0946
 30-May-20180.0085
 26-Mar-20180.0466
 29-Nov-20170.0578
 27-Sep-20170.0650
 28-Jul-20170.1228
 30-May-20170.0722
 29-Mar-20170.0217
 30-Jan-20170.0361
 29-Nov-20160.2022
IDCW Monthly28-May-20210.0633

 29-Apr-20210.0292
 28-Dec-20200.0381
 25-Nov-20200.0654
 28-Oct-20200.1432
 28-Jul-20200.1123
 26-Jun-20200.1436
 28-May-20200.1876
 28-Apr-20200.1332
 27-Mar-20200.0229
 28-Feb-20200.1221
 28-Jan-20200.0498
 28-Nov-20190.0644
 30-Oct-20190.0812
 29-Aug-20190.0683
 30-Jul-20190.1349
 27-Jun-20190.0673
 30-May-20190.1191
 26-Apr-20190.0070
 28-Mar-20190.1249
 27-Feb-20190.0244
 30-Jan-20190.0356
 28-Dec-20180.0760
 29-Nov-20180.0941
 30-Oct-20180.0738
IDCW Periodic25-Mar-20210.9192

 24-Mar-20204.0766
IDCW Quarterly24-Dec-20200.2936

 28-Sep-20200.0738
 26-Jun-20200.6461
 24-Mar-20200.1626
 26-Dec-20190.0904
 25-Sep-20190.2136
 25-Jun-20190.1946
 27-Mar-20190.1495
 27-Dec-20180.2385
 26-Sep-20180.0937
 26-Jun-20180.0431
 22-Mar-20180.0493
 21-Dec-20170.0529
 21-Sep-20170.1228
 27-Jun-20170.1878
 22-Mar-20170.0722
 22-Dec-20160.2022
 22-Sep-20160.2311
 23-Jun-20160.1589
 22-Mar-20160.1212
 21-Dec-20150.1312
 24-Sep-20150.0945
 23-Jun-20150.0886
 23-Mar-20150.1737
 18-Dec-20140.2823

Contact Information

AMC: IDFC Asset Management Company Limited

Address: Unit No. 27, Ground Floor, Khetan Bhavan,198, Jamshedji Tata Road, Churchgate, Mumbai - 400020

Phone: 022-24398777 / 24399999 / 66289999

Fax: 24215052 / 24215051

Email: [email protected]

Website: http://www.idfcmf.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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