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IDFC Bond Fund Short Term Plan - Direct Plan download report


Debt: Short Duration

1 Lakh

Investment Grown to
₹ 1.03 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 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
IDFC Bond Short Term Direct-G 1.47 -0.01 0.22 0.93 1.80 0.88 2.99 6.22 6.82 7.38 --
CCIL T Bill Liquidity Weight 1.28 0.06 0.07 0.30 0.76 1.05 2.05 2.60 3.27 3.64 --
Debt: Short Duration 2.29 0.01 0.20 0.66 1.48 1.80 4.53 6.34 6.21 7.10 --
Rank within category 20 24 8 1 1 23 17 13 9 10 --
Number of funds in category 26 26 26 26 26 26 26 24 21 21 0

As on 12-Aug-2022

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  | Invest Online
3 star
Jan-13 2.99 6.22 6.82 0.30 10,181
ICICI Prudential Short Term Fund - Direct Plan  | Invest Now
4 star
Jan-13 4.40 7.34 7.37 0.37 15,543
HDFC Short Term Debt Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.42 6.92 7.22 0.29 13,533
Kotak Bond - Short Term Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.36 6.57 7.08 0.34 13,158
Nippon India Short Term Fund - Direct Plan  | Invest Online
5 star
Jan-13 3.62 6.92 6.97 0.35 6,681

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 -1.29 17-Mar-2022 - 16-Jun-2022
Year 12.10 02-Jul-2019 - 01-Jul-2020 1.63 11-Jun-2021 - 13-Jun-2022

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
IDFC Bond Short Term Direct-G 6.15 1.91 1.40 2.36 2.75 5.12
CCIL T Bill Liquidity Weight 2.60 0.34 -2.61 -4.87 -- --
Debt: Short Duration 6.28 2.81 1.30 2.59 1.26 3.92
Rank within category 13 14 13 14 21 6
Number of funds in category 24 24 24 24 24 24

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

As on 31-Jul-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 34 91 34 47
Modified Duration (yrs) 2.16 2.19 1.35 1.50
Average Maturity (yrs) 2.48 2.50 1.53 1.89
Yield to Maturity (%) 6.55 6.57 4.44 6.76
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 5.63% GOI 2026 GOI Securities SOV 24.86 - 63.30 63.30
equal National Bank Agr. Rur. Devp 175-D 30/08/2022 Commercial Paper A1+ 0.00 - 5.38 5.38
equal HDFC 154-D 25/11/2022 Commercial Paper A1+ 0.00 - 3.37 3.37
equal 7.17% Reliance Industries 2022 Non Convertible Debenture AAA 0.00 - 2.71 2.71
equal Axis Bank 2022 Certificate of Deposit A1+ 0.00 - 2.42 2.42
down Axis Bank 25/08/2022 Certificate of Deposit A1+ 0.00 - 9.26 2.20
equal 7.00% Reliance Industries 31/08/2022 Non Convertible Debenture AAA 0.00 - 1.77 1.62
equal 7.28% HDFC 26/09/2022 Debenture AAA 1.22 - 1.62 1.62
equal 7.03% REC 2022 Non Convertible Debenture AAA 0.76 - 1.38 1.38
equal 6.70% National Bank Agr. Rur. Devp 2022 Debenture AAA 0.37 - 0.98 0.98
equal HDFC Bank 13/12/2022 Certificate of Deposit A1+ 0.00 - 0.96 0.96
new National Bank Agr. Rur. Devp 14/02/2023 Commercial Paper A1+ 0.00 - 0.95 0.95
down 7.45% REC 30/11/2022 Non Convertible Debenture AAA 0.79 - 1.08 0.79
equal Axis Bank 2022 Certificate of Deposit A1+ 0.00 - 0.73 0.73
down First Business Receivable Trust Securitised Debt AAA 0.03 - 0.06 0.53
equal 7.11% Nat. Highways Authority 2022 Non Convertible Debenture AAA 0.37 - 0.49 0.49
new Canara Bank 2022 Certificate of Deposit A1+ 0.00 - 0.48 0.48
equal SIDBI 182-D 31/10/2022 Commercial Paper A1+ 0.00 - 0.48 0.48
new Export-Import Bank 17/03/2023 Certificate of Deposit A1+ 0.00 - 0.47 0.47
new SIDBI 22/02/2023 Certificate of Deposit A1+ 0.00 - 0.47 0.47
equal 7.18% National Bank Agr. Rur. Devp 2022 Non Convertible Debenture AAA 0.37 - 0.95 0.44
equal 9.30% Power Grid Corporation 28/06/2024 Bonds AAA 0.20 - 0.26 0.26
equal 8.93% Power Grid Corporation 20/10/2023 Bonds AAA 0.19 - 0.25 0.25
new SIDBI 2023 Commercial Paper A1+ 0.00 - 0.24 0.24
equal 9.35% Power Grid Corporation 29/08/2023 Bonds/NCDs AAA 0.15 - 0.20 0.20

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-Jul-2022

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 12-Aug-2022

Growth: ₹ 49.2406

IDCW Yearly: ₹ 10.7190

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IDCW Quarterly: ₹ 10.4639

IDCW Periodic: ₹ 17.7766

IDCW Monthly: ₹ 10.4098

IDCW Fortnightly: ₹ 10.3815


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

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 1,000
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: 7.96%
Benchmark: NIFTY Short Duration Debt Index A-II
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 10,181 Cr (As on 31-Jul-2022)
Expense Ratio: 0.30% (As on 31-Jul-2022)
Risk Grade: Above Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Fortnightly02-Aug-20220.0498

 29-Mar-20220.0156
 15-Mar-20220.0111
 15-Feb-20220.0638
 01-Feb-20220.0037
 18-Jan-20220.0038
 04-Jan-20220.0066
 21-Dec-20210.0010
 07-Dec-20210.0144
 23-Nov-20210.0115
 09-Nov-20210.0285
 26-Oct-20210.0109
 12-Oct-20210.0093
 28-Sep-20210.0033
 14-Sep-20210.0175
 31-Aug-20210.0266
 17-Aug-20210.0303
 03-Aug-20210.0124
 20-Jul-20210.0502
 08-Jun-20210.0158
 25-May-20210.0238
 11-May-20210.0304
 27-Apr-20210.0366
 12-Apr-20210.0338
 30-Mar-20210.0042
IDCW Monthly28-Jul-20220.0061

 30-Mar-20220.0453
 25-Feb-20220.0563
 28-Jan-20220.0064
 30-Dec-20210.0139
 29-Nov-20210.0488
 28-Oct-20210.0190
 29-Sep-20210.0251
 30-Aug-20210.0622
 29-Jul-20210.0607
 29-Jun-20210.0131
 28-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
IDCW Quarterly28-Mar-20220.0917

 28-Dec-20210.0839
 28-Sep-20210.1535
 28-Jun-20210.1732
 24-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
IDCW Yearly28-Mar-20220.4860

 24-Mar-20211.1054
 24-Mar-20200.0935

Contact Information

AMC: IDFC Asset Management Company Limited

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

Fax: 24215052 / 24215051

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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