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Unrated

IDFC Fixed Term Plan Series 154 - Regular Plan


Debt: FMP

1 Lakh

Investment Grown to
₹ 1.09 Lakh

Suitability:

Fixed Maturity Plans, as the name suggests, are funds that have a fixed tenure which can vary from three months to five years or even more. Upon the completion of the stated tenure, the fund is wound up and investors' money is returned to them along with accumulated gains. Therefore, they are similar to bank fixed deposits except that they do not offer guaranteed returns even though they aim to better what an FD can fetch.

However, retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for an investment horizon of up to three years) in their longer-term portfolios.

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 5.72 0.03 0.06 0.38 2.95 4.42 9.22 -- -- -- --
CCIL T Bill Liquidity Weight 2.20 -0.03 0.05 0.13 0.64 1.77 3.58 -- -- -- --
Debt: FMP 6.04 0.05 0.08 0.41 3.12 4.63 9.11 -- -- -- --
Rank within category 342 378 314 325 340 331 309 -- -- -- --
Number of funds in category 597 608 608 608 607 600 585 32 4 0 0

As on 10-Aug-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
IDFC Fixed Term Plan Series 154 - Regular Plan
Unrated
Jun-18 9.22 -- -- 0.30 105
Nippon India Fixed Horizon Fund XXXVIII - Series 6 - Regular Plan
Unrated
Jul-18 8.64 -- -- 0.06 1,893
Kotak FMP Series 252 - 1261 Days - Regular Plan
Unrated
Nov-18 10.69 -- -- 0.09 1,275
ICICI Prudential Fixed Maturity Plan - Series 82 1185 Days Plan I
Unrated
Feb-18 8.80 -- -- 0.05 1,110
HDFC Fixed Maturity Plan - 1158 Days - February 2018 (1) - Regular Plan
Unrated
Feb-18 8.67 -- -- 0.18 1,044

Best & Worst Performance

Best (Period) Worst (Period)
Week 1.60 (24-Mar-2020 - 31-Mar-2020) -1.12 (12-Mar-2020 - 19-Mar-2020)
Month 2.41 (24-Mar-2020 - 23-Apr-2020) -1.21 (20-Feb-2020 - 24-Mar-2020)
Quarter 4.58 (24-Mar-2020 - 24-Jun-2020) 0.19 (24-Dec-2019 - 24-Mar-2020)
Year 11.86 (01-Nov-2018 - 01-Nov-2019) 7.65 (25-Mar-2019 - 24-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
CCIL T Bill Liquidity Weight* 4.03 0.29 -4.08 -7.51 -- --
Debt: FMP* 6.44 2.06 0.82 1.14 2.92 4.69
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

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

As on

* As on 31-Jul-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 14 14 -- 16
Modified Duration (yrs) -- -- -- --
Average Maturity (yrs) -- -- -- --
Yield to Maturity (%) -- -- -- --

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal Axis Finance 14/06/2021 Debenture AAA 11.60 - 11.72 11.72
equal Sundaram Finance 15/07/2021 Debenture AAA 10.84 - 10.97 10.97
equal 8.50% SIDBI 21/06/2021 Debenture AAA 10.83 - 11.63 10.95
equal 7.65% IRFC 15/03/2021 Debenture AAA 10.39 - 11.17 10.49
equal 8.56% Tamilnadu State 22/06/2021 State Development Loan SOV 9.89 - 10.71 9.89
equal Bajaj Housing Finance 2021 Bonds/NCDs AAA 9.81 - 9.88 9.87
equal 7.18% REC 21/05/2021 Debenture AAA 9.72 - 10.29 9.72
equal LIC Housing Fin. 25/03/2021 Debenture AAA 7.59 - 7.64 7.64
equal 9.61% Power Finance Corp. 29/06/2021 Bonds AAA 4.97 - 5.35 4.97
equal 8.40% Power Grid Corporation 27/05/2021 Debenture AAA 0.00 - 4.16 4.13
equal 7.40% National Bank Agr. Rur. Devp 2021 Debenture AAA 3.96 - 6.23 3.96
equal 8.15% REC 18/01/2021 Bonds/Debentures AAA 0.00 - 1.68 1.67
new 7.73% Power Finance Corp. 2021 Debenture AAA 0.00 - 1.65 1.65
equal 7.68% HUDCO 2021 Debenture AAA 0.97 - 1.04 0.97

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-2020

Fund Manager

— Anurag Mittal since 25-Jun-2018

Education: Mr. Mittal is B.Com. (Hons), CA and M.Sc. in Accounting and Finance (specialization in Finance) from London School of Economics & Political Science.

Experience: Prior to joining IDFC AMC, he worked with HDFC AMC ( Sept. 2012 - Oct. 2015), Axis AMC (July 2009 - Sept. 2012), ICICI Prudential Life Insurance Company Ltd. as Credit Research Analyst (2008-2009) and with Bank of America in Corporate Banking (2006-2008).

Funds Managed:


0.03%

Change from previous, NAV as on 10-Aug-2020

Growth: ₹ 12.1621

Dividend Half Yearly: ₹ 10.6536


Investment Strategy

The scheme seeks to generate income by investing in a portfolio of debt and money market instruments maturing on or before the maturity of the scheme.

Tenure (Days) 1098
Maturity date 29-Jun-2021

Basic Details

Fund House: IDFC Mutual Fund
Launch Date: 27-Jun-2018
Return Since Launch: 9.66%
Benchmark: CRISIL Composite Bond
Riskometer: Moderately Low
Type: Closed-end

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Half Yearly24-Mar-20200.2593

 27-Sep-20190.2987
 27-Mar-20190.3747
 24-Sep-20180.0536

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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