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4 star

IDFC Bond Fund Medium Term Plan - Direct Plan


1 Lakh

Investment Grown to
₹ 1.03 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 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 -0.21 -0.03 -0.11 -0.09 0.41 1.51 3.23 7.99 7.26 7.84 --
VR Bond -0.34 0.05 -0.03 -0.42 0.50 1.80 2.07 5.76 5.56 6.32 --
Debt: Medium Duration 0.00 0.01 0.02 0.08 0.69 2.33 5.69 5.81 6.43 7.21 --
Rank within category 18 19 19 16 17 17 16 6 5 5 --
Number of funds in category 19 19 19 19 19 19 18 14 13 10 0

As on 21-Jan-2022

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 3.23 7.99 7.26 0.76% 2,708
SBI Magnum Medium Duration Fund - Direct Plan  | Invest Online
5 star
Jan-13 4.64 9.46 8.61 0.68% 10,974
ICICI Prudential Medium Term Bond Fund - Direct Plan  | Invest Now
4 star
Jan-13 6.06 8.92 7.91 0.63% 7,192
HDFC Medium Term Debt Fund - Direct Plan  | Invest Online
4 star
Jan-13 5.80 8.77 7.73 0.59% 4,313
Axis Strategic Bond Fund - Direct Plan
4 star
Jan-13 6.07 8.22 7.93 0.39% 1,841

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 2.51 08-Jan-2021 - 10-Jan-2022

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.89 2.51 1.66 2.31 1.05 2.04
VR Bond 5.74 2.02 1.00 1.37 -- --
Debt: Medium Duration 5.89 4.85 0.96 1.36 0.45 1.25
Rank within category 6 4 5 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-Dec-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 18 50 18 37
Modified Duration (yrs) 3.64 3.64 1.02 2.76
Average Maturity (yrs) 4.27 4.41 1.17 3.36
Yield to Maturity (%) 5.83 5.83 4.04 5.71
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
up 5.63% GOI 2026 GOI Securities SOV 0.00 - 87.86 60.06
up 6.79% GOI 15/05/2027 GOI Securities SOV 0.01 - 31.74 28.42
equal Kotak Mahindra Prime 141-D 05/04/2022 Commercial Paper A1+ 0.00 - 2.74 2.74
down First Business Receivable Trust Securitised Debt AAA 0.04 - 0.12 1.08
equal 7.12% REC 31/03/2023 Non Convertible Debenture AAA 0.53 - 0.95 0.95
equal 6.19% Indian Railway Finance Corporation 28/04/2023 Debenture AAA 0.52 - 0.94 0.94
equal 8.25% Maharashtra State 13/05/2025 State Development Loan SOV 0.34 - 0.60 0.60
equal 8.20% Gujarat State 24/06/2025 State Development Loan SOV 0.34 - 0.60 0.60
equal 7.45% REC 30/11/2022 Non Convertible Debenture AAA 0.32 - 0.57 0.57
equal 6.99% REC 30/09/2024 Non Convertible Debenture AAA 0.21 - 0.38 0.38
equal 7.87% HDFC 18/07/2022 Non Convertible Debenture AAA 0.11 - 0.19 0.19
equal 7.17% GOI 2028 GOI Securities SOV 0.00 - 0.15 0.15
equal 8.37% Tamilnadu State 2028 State Development Loan SOV 0.04 - 0.08 0.08
equal 6.95% Reliance Industries 15/03/2023 Non Convertible Debenture AAA 0.03 - 5.48 0.04
equal 8.50% National Bank Agr. Rur. Devp Debenture AAA 0.02 - 0.04 0.04
equal 8.24% GOI 15/02/2027 Central Government Loan SOV 0.00 - 14.41 0.00
equal 8.25% Andhra Pradesh State 25/04/2023 State Development Loan SOV 0.00 - 0.00 0.00
equal 8.68% Gujarat State 2023 State Development Loan SOV 0.00 - 0.00 0.00
equal Others Margin Money -- - 0.06

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-Dec-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 21-Jan-2022

Growth: ₹ 40.0791

IDCW Quarterly: ₹ 11.0227

More

IDCW Periodic: ₹ 10.4649

IDCW Monthly: ₹ 10.4387

IDCW Fortnightly: ₹ 10.2443

IDCW Daily: ₹ 10.3972

IDCW Bimonthly: ₹ 12.2374


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

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 100
Min. No of Cheques 6
Min. Withdrawal (₹) 500
Min. 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: 8.16%
Benchmark: NIFTY Medium Duration
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 2,708 Cr (As on 31-Dec-2021)
Expense: 0.76% (As on 31-Dec-2021)
Risk Grade: Average
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Monthly30-Dec-20210.0014

 29-Nov-20210.0526
 28-Oct-20210.0148
 29-Sep-20210.0383
 30-Aug-20210.0714
 29-Jul-20210.0536
 29-Jun-20210.0086
 28-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
IDCW Quarterly28-Dec-20210.0914

 28-Sep-20210.1770
 28-Jun-20210.1152
 24-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
IDCW Daily16-Dec-20210.0005

 15-Dec-20210.0005
 14-Dec-20210.0017
 13-Dec-20210.0010
 09-Dec-20210.0004
 08-Dec-20210.0053
 07-Dec-20210.0053
 06-Dec-20210.0007
 30-Nov-20210.0025
 29-Nov-20210.0027
 26-Nov-20210.0049
 25-Nov-20210.0019
 24-Nov-20210.0019
 22-Nov-20210.0033
 18-Nov-20210.0020
 17-Nov-20210.0022
 16-Nov-20210.0022
 09-Nov-20210.0029
 08-Nov-20210.0254
 03-Nov-20210.0021
 02-Nov-20210.0019
 27-Oct-20210.0015
 20-Sep-20210.0174
 15-Sep-20210.0083
 06-Sep-20210.0030
IDCW Fortnightly07-Dec-20210.0114

 23-Nov-20210.0069
 09-Nov-20210.0386
 26-Oct-20210.0117
 12-Oct-20210.0071
 28-Sep-20210.0052
 14-Sep-20210.0225
 31-Aug-20210.0334
 17-Aug-20210.0323
 03-Aug-20210.0021
 20-Jul-20210.0441
 08-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
IDCW Bimonthly26-Nov-20210.0648

 28-Sep-20210.1230
 28-Jul-20210.0556
 28-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
IDCW Periodic25-Mar-20210.9192

 24-Mar-20204.0766

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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