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4 star

IDFC Bond Fund Short Term Plan - Direct Plan


Debt: Short Duration

1 Lakh

Investment Grown to
₹ 1.07 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

Suitability:

Short Duration debt funds invest mainly in bonds maturing in a period of one to three years. They are suitable for investment horizons of one to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.

The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit. There have been instances when short duration funds have incurred losses.

Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run.

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 1.74 0.01 0.19 0.52 2.14 1.98 6.63 9.12 8.17 8.49 --
CCIL T Bill Liquidity Weight 0.86 0.02 0.05 0.20 0.51 0.97 2.16 3.59 3.79 4.24 --
Debt: Short Duration 1.85 0.02 0.21 0.61 2.18 2.12 7.57 7.38 7.32 7.93 --
Rank within category 16 21 21 24 18 16 15 8 9 10 --
Number of funds in category 26 27 27 27 27 26 26 25 23 23 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 Short Term Plan - Direct Plan
4 star
Jan-13 6.63 9.12 8.17 0.29 13,776
ICICI Prudential Short Term Fund - Direct Plan  | Invest Now
5 star
Jan-13 8.43 9.64 8.98 0.39 20,015
HDFC Short Term Debt Fund - Direct Plan  | Invest Online
4 star
Jan-13 8.38 9.33 8.47 0.24 18,117
Kotak Bond - Short Term Fund - Direct Plan  | Invest Online
4 star
Jan-13 7.22 9.33 8.55 0.34 17,363
Axis Short Term Fund - Direct Plan
5 star
Jan-13 7.45 9.38 8.59 0.30 12,070

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 2.95 24-Mar-2020 - 31-Mar-2020 -1.91 12-Mar-2020 - 19-Mar-2020
Month 3.71 24-Mar-2020 - 23-Apr-2020 -2.29 20-Feb-2020 - 23-Mar-2020
Quarter 6.88 26-Mar-2020 - 25-Jun-2020 -1.11 21-May-2013 - 20-Aug-2013
Year 12.10 02-Jul-2019 - 01-Jul-2020 4.30 25-Sep-2017 - 25-Sep-2018

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 8.72 1.82 2.43 4.33 1.88 5.88
CCIL T Bill Liquidity Weight 3.52 0.39 -2.00 -4.76 -- --
Debt: Short Duration 7.15 3.40 1.61 2.65 0.75 3.43
Rank within category 8 9 7 6 20 4
Number of funds in category 25 25 25 25 25 25

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 91 124 91 64
Modified Duration (yrs) 1.81 1.90 1.69 --
Average Maturity (yrs) 2.11 2.20 1.92 --
Yield to Maturity (%) 4.61 5.67 4.22 --
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 6.97% GOI 2026 GOI Securities SOV 0.00 - 16.33 16.33
equal 6.95% Reliance Industries 15/03/2023 Non Convertible Debenture AAA 6.47 - 7.11 6.70
equal 7.87% HDFC 18/07/2022 Non Convertible Debenture AAA 3.06 - 3.36 3.16
equal 8.50% National Bank Agr. Rur. Devp Debenture AAA 2.94 - 3.34 3.03
equal 6.19% Indian Railway Finance Corporation 28/04/2023 Debenture AAA 2.33 - 3.47 2.73
new 5.63% GOI 2026 GOI Securities SOV 0.00 - 2.70 2.70
equal 7.24% LIC Housing Fin. 23/08/2021 Non Convertible Debenture AAA 2.42 - 2.72 2.49
equal 7.42% LIC Housing Fin. 15/07/2022 Bonds/NCDs AAA 0.27 - 2.47 2.32
equal 8.81% SIDBI 25/01/2022 Debenture AAA 2.15 - 2.47 2.20
up 7.06% HDFC 13/12/2021 Non Convertible Debenture AAA 0.00 - 2.10 2.10
equal 8.60% National Bank Agr. Rur. Devp 31/01/2022 Debenture AAA 1.93 - 2.20 1.97
up 5.22% GOI 15/06/2025 GOI Securities SOV 0.00 - 10.08 1.95
equal 8.30% Reliance Industries 2022 Debenture AAA 1.87 - 3.38 1.87
equal 7.60% Nat. Highways Authority 18/03/2022 Bonds AAA 1.69 - 1.92 1.73
equal 7.93% NTPC 2022 Non Convertible Debenture AAA 1.61 - 3.08 1.65
equal 8.60% LIC Housing Fin. 14/01/2022 Debenture AAA 1.60 - 1.81 1.64
equal 7.87% Larsen & Toubro 18/04/2022 Non Convertible Debenture AAA 1.53 - 1.72 1.57
equal 5.80% National Housing Bank 15/05/2023 Debenture AAA 1.08 - 1.65 1.56
equal 7.35% Power Finance Corporation 15/10/2022 Debenture AAA 1.38 - 1.55 1.43
equal 8.58% HDFC 18/03/2022 Debenture AAA 1.38 - 1.56 1.42
equal 7.28% HDFC 26/09/2022 Debenture AAA 1.20 - 1.35 1.24
equal 8.83% REC 21/01/2022 Non Convertible Debenture AAA 1.17 - 1.32 1.20
equal 7.95% SIDBI 26/04/2022 Debenture AAA 1.13 - 1.87 1.16
equal 6.40% National Bank Agr. Rur. Devp 31/07/2023 Non Convertible Debenture AAA 0.24 - 1.19 1.12
up 6.22% HDFC 2021 Debenture AAA 0.00 - 1.03 1.03

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 01-Jan-2013

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:


0.01%

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

Growth: ₹ 47.5249

IDCW Yearly: ₹ 10.8181

More

IDCW Quarterly: ₹ 10.5962

IDCW Periodic: ₹ 17.1583

IDCW Monthly: ₹ 10.3986

IDCW Fortnightly: ₹ 10.3838


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 short term such that the Macaulay duration of the portfolio is between 1 year and 3 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: 8.64%
Benchmark: Nifty AAA Short Duration Bond
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 13,776 Cr (As on 31-May-2021)
Expense: 0.29% (As on 30-Apr-2021)
Risk Grade: Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Fortnightly08-Jun-20210.0158

 25-May-20210.0238
 11-May-20210.0304
 27-Apr-20210.0366
 12-Apr-20210.0338
 30-Mar-20210.0042
 05-Jan-20210.0401
 22-Dec-20200.0007
 08-Dec-20200.0195
 24-Nov-20200.0444
 10-Nov-20200.0266
 27-Oct-20200.0245
 13-Oct-20200.0824
 29-Sep-20200.0093
 01-Sep-20200.0229
 18-Aug-20200.0066
 04-Aug-20200.0128
 21-Jul-20200.0364
 07-Jul-20200.0321
 23-Jun-20200.0710
 09-Jun-20200.0054
 26-May-20200.1241
 12-May-20200.0906
 28-Apr-20200.0247
 31-Mar-20200.0375
IDCW Monthly28-May-20210.0450

 29-Apr-20210.0847
 26-Mar-20210.0259
 28-Dec-20200.0268
 25-Nov-20200.0763
 28-Oct-20200.1038
 28-Sep-20200.0641
 28-Aug-20200.0014
 28-Jul-20200.0876
 26-Jun-20200.1593
 28-May-20200.2238
 28-Apr-20200.0476
 27-Mar-20200.0284
 28-Feb-20200.0658
 28-Jan-20200.0650
 27-Dec-20190.0112
 28-Nov-20190.0636
 30-Oct-20190.1000
 27-Sep-20190.0208
 29-Aug-20190.0857
 30-Jul-20190.1023
 27-Jun-20190.0318
 30-May-20190.1036
 26-Apr-20190.0134
 28-Mar-20190.0990
IDCW Yearly24-Mar-20211.1054

 24-Mar-20200.0935
IDCW Quarterly24-Dec-20200.1922

 28-Sep-20200.1326
 26-Jun-20200.3349
 24-Mar-20200.0837
 26-Dec-20190.1552
 25-Sep-20190.1840
 25-Jun-20190.1424
 27-Mar-20190.1781
 27-Dec-20180.2003
 26-Sep-20180.0915
 26-Jun-20180.0210

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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