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IDFC Bond Fund Short Term Plan - Direct Plan


1 Lakh

Investment Grown to
₹ 1.11 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.26 Lakh

Analyst's Choice?

Suitability:

Short Duration debt funds are suitable to invest your money for a duration of 1 year to 3 years. You can expect to earn higher returns than what a bank fixed deposit of a similar duration can fetch.

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 like a bank deposit. There have been instances when short duration funds have incurred losses.

Remember, these are suitable only to invest for a short time frame of up to 3 years. Do not invest in this, or any other Short Duration fund, if your aim is 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 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 paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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(₹)
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Trailing Returns (%)

YTD 1 Month 3 Months 1 Years 3 Years 5 Years 10 Years
Fund 9.84 0.29 1.89 10.66 7.84 8.34 --
CCIL T Bill Liquidity Weight 4.21 0.30 0.89 4.41 4.19 4.52 --
Debt: Short Duration 4.97 0.21 2.23 5.63 6.06 7.29 --
Rank within category 4 12 7 2 4 9 --
Number of funds in category 28 29 29 28 26 26 0

As on 13-Dec-2019

Best & Worst Performance

Best (Period) Worst (Period)
Month 2.34 (20-Aug-2013 - 19-Sep-2013) -1.28 (24-Jun-2013 - 24-Jul-2013)
Quarter 4.26 (29-Aug-2013 - 28-Nov-2013) -1.11 (21-May-2013 - 20-Aug-2013)
Year 12.04 (28-Aug-2013 - 28-Aug-2014) 4.30 (25-Sep-2017 - 25-Sep-2018)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.57 1.60 1.12 2.08 4.18 8.77
CCIL T Bill Liquidity Weight 4.11 0.25 -6.57 -10.84 -- --
Debt: Short Duration 6.01 3.03 0.53 1.06 3.67 6.35
Rank within category 5 7 6 5 16 4
Number of funds in category 27 27 27 27 27 27

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

As on 30-Nov-2019

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 112 112 82 57
Modified Duration (yrs) 1.81 1.82 1.65 2.04
Average Maturity (yrs) 2.12 2.16 1.94 2.54
Yield to Maturity (%) 6.51 8.32 6.51 7.37

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up 7.17% Reliance Industries 2022 Non Convertible Debenture AAA 1.36 - 5.11 5.05
equal 8.25% IRFC 28/02/2024 Debenture AAA 0.00 - 4.45 4.19
equal 8.50% National Bank Agr. Rur. Devp Debenture AAA 0.55 - 4.80 4.02
up 7.87% HDFC 18/07/2022 Non Convertible Debenture AAA 0.00 - 3.55 3.55
equal 7.60% Nat. Highways Authority 18/03/2022 Bonds AAA 3.46 - 7.17 3.46
equal 7.93% NTPC 2022 Non Convertible Debenture AAA 0.00 - 4.59 3.38
equal 7.24% LIC Housing Fin. 23/08/2021 Non Convertible Debenture AAA 0.00 - 3.06 2.87
equal Axis Bank 29/07/2020 Certificate of Deposit A1+ 0.00 - 2.94 2.55
up 7.00% Reliance Industries 31/08/2022 Non Convertible Debenture AAA 2.29 - 4.46 2.44
equal 8.60% National Bank Agr. Rur. Devp 31/01/2022 Debenture AAA 2.42 - 5.43 2.42
equal 7.20% IRFC 31/05/2020 Bonds AAA 2.31 - 4.21 2.31
equal 8.62% HDFC 15/10/2020 Debenture AAA 0.00 - 2.63 2.24
equal 7.95% SIDBI 26/04/2022 Debenture AAA 0.00 - 3.03 2.05
equal 7.17% Nat. Highways Authority 23/12/2021 Non Convertible Debenture AAA 0.81 - 2.62 1.93
equal 7.87% Larsen & Toubro 18/04/2022 Non Convertible Debenture AAA 0.00 - 2.85 1.90
new 7.42% Power Finance Corp. 19/11/2024 Non Convertible Debenture AAA 0.00 - 1.77 1.77
equal 8.71% HDB Financial Services 18/02/2021 Bonds/Debentures AAA 0.00 - 2.80 1.75
up 7.40% HDFC 17/11/2020 Non Convertible Debenture AAA 0.00 - 1.75 1.73
equal 8.58% HDFC 18/03/2022 Debenture AAA 0.00 - 2.38 1.72
equal 8.30% Reliance Industries 2022 Debenture AAA 0.00 - 1.89 1.69
up 8.60% LIC Housing Fin. 14/01/2022 Debenture AAA 0.00 - 1.58 1.58
new 7.25% Bajaj Finance 2020 Debenture AAA 0.00 - 1.55 1.55
equal 8.81% SIDBI 25/01/2022 Debenture AAA 0.00 - 3.26 1.51
equal 8.83% REC 21/01/2022 Non Convertible Debenture AAA 0.00 - 1.64 1.46
up 7.28% HDFC 26/09/2022 Debenture AAA 0.00 - 1.46 1.46

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 30-Nov-2019

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.

Funds Managed:


-0.05%

Change from previous, NAV as on 13-Dec-2019

Growth: ₹ 42.2043

Dividend Quarterly: ₹ 10.3515

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Dividend Periodic: ₹ 15.2377

Dividend Monthly: ₹ 10.3443

Dividend Fortnightly: ₹ 10.2394


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 (₹) 100
Minimum No of Cheques 6
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 500
Exit Load 0

Basic Details

Fund House: IDFC Mutual Fund
Launch Date: 01-Jan-2013
Benchmark: Nifty AAA Short Duration Bond
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 11,356 Cr (As on 30-Nov-2019)
Expense: 0.28% (As on 30-Nov-2019)
Risk Grade: Below Average
Return Grade: Above Average
Turnover: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Fortnightly26-Nov-20190.0381

 11-Nov-20190.0265
 29-Oct-20190.0394
 15-Oct-20190.0333
 01-Oct-20190.0157
 17-Sep-20190.0093
 03-Sep-20190.0445
 20-Aug-20190.0225
 06-Aug-20190.0488
 23-Jul-20190.0295
 09-Jul-20190.0513
 25-Jun-20190.0198
 11-Jun-20190.0109
 28-May-20190.0704
 14-May-20190.0079
 02-Apr-20190.0576
 19-Mar-20190.0599
 05-Mar-20190.0285
 18-Feb-20190.0460
 05-Feb-20190.0004
 22-Jan-20190.0269
 08-Jan-20190.0360
 24-Dec-20180.0427
 11-Dec-20180.0271
 27-Nov-20180.0366
Dividend Monthly28-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
 27-Feb-20190.0490
 30-Jan-20190.0582
 28-Dec-20180.0678
 29-Nov-20180.0915
 30-Oct-20180.0660
 30-Aug-20180.0429
 30-Jul-20180.0675
 28-Jun-20180.0355
 30-May-20180.0178
 26-Apr-20180.0062
 26-Mar-20180.0618
 27-Feb-20180.0175
 30-Jan-20180.0291
 29-Nov-20170.0158
 30-Oct-20170.0474
 27-Sep-20170.0190
Dividend Quarterly25-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: 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

Upcoming Video

Investors' Hangout

Why you should ditch dividend plans

dateFriday, 20-Dec-2019
time12:30 PM - 01:00 PM