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Unrated

IDFC Fixed Term Plan Series 163 - Regular Plan


Debt: FMP

1 Lakh

Investment Grown to
₹ 1.11 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 7.51 -0.02 0.18 0.65 4.30 6.03 11.46 -- -- -- --
CCIL T Bill Liquidity Weight 2.20 0.01 0.05 0.18 0.64 1.81 3.71 -- -- -- --
Debt: FMP 5.99 0.00 0.13 0.58 3.21 4.78 9.30 -- -- -- --
Rank within category 29 437 104 162 70 26 9 -- -- -- --
Number of funds in category 598 609 609 609 608 601 586 32 4 0 0

As on 06-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 163 - Regular Plan
Unrated
Dec-18 11.46 -- -- 0.25 26
Nippon India Fixed Horizon Fund XXXVIII - Series 6 - Regular Plan
Unrated
Jul-18 8.81 -- -- 0.06 1,877
Kotak FMP Series 252 - 1261 Days - Regular Plan
Unrated
Nov-18 10.94 -- -- 0.09 1,263
ICICI Prudential Fixed Maturity Plan - Series 82 1185 Days Plan I
Unrated
Feb-18 9.07 -- -- 0.05 1,104
HDFC Fixed Maturity Plan - 1158 Days - February 2018 (1) - Regular Plan
Unrated
Feb-18 8.91 -- -- 0.18 1,044

Best & Worst Performance

Best (Period) Worst (Period)
Week 2.40 (24-Mar-2020 - 31-Mar-2020) -1.67 (12-Mar-2020 - 19-Mar-2020)
Month 3.21 (24-Mar-2020 - 23-Apr-2020) -1.96 (20-Feb-2020 - 24-Mar-2020)
Quarter 6.46 (24-Mar-2020 - 24-Jun-2020) -0.25 (24-Dec-2019 - 24-Mar-2020)
Year 12.42 (02-Jul-2019 - 01-Jul-2020) 7.76 (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 12 12 -- 15
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 LIC Housing Fin. 25/02/2022 Debenture AAA 11.94 - 12.06 12.05
equal HDB Financial Services 2022 Debenture AAA 11.94 - 12.07 12.00
equal 8.45% REC 22/03/2022 Debenture AAA 10.74 - 11.90 11.66
equal 7.90% National Bank Agr. Rur. Devp 18/04/2022 Non Convertible Debenture AAA 0.00 - 11.83 11.65
equal 8.30% Reliance Industries 2022 Debenture AAA 0.00 - 11.67 11.61
equal 7.60% Nat. Highways Authority 18/03/2022 Bonds AAA 10.00 - 10.72 10.00
equal 7.87% Larsen & Toubro 18/04/2022 Non Convertible Debenture AAA 0.00 - 9.23 9.16
equal 8.92% Karnataka State 2022 State Development Loan SOV 8.29 - 9.00 8.29
equal Bajaj Finance 2022 Zero Coupon Bonds AAA 0.00 - 5.57 5.54
equal 8.99% Gujarat State 14/03/2022 State Development Loan SOV 4.09 - 4.45 4.09
equal 8.55% Power Finance Corp. 2021 Bonds AAA 1.20 - 11.16 1.20
equal 7.20% Power Grid Corporation 21/12/2021 Bonds AAA 0.79 - 11.48 0.79

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-Jun-2020

Fund Manager

— Anurag Mittal since 10-Dec-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:


-0.02%

Change from previous, NAV as on 06-Aug-2020

Growth: ₹ 12.0278

Dividend: ₹ 10.8506


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) 1223
Maturity date 20-Apr-2022

Basic Details

Fund House: IDFC Mutual Fund
Launch Date: 14-Dec-2018
Return Since Launch: 11.87%
Benchmark: CRISIL Composite Bond
Riskometer: Moderate
Type: Closed-end

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend24-Mar-20200.7879

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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