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4 star

IDFC Bond Fund Short Term Plan - Regular Plan


Debt: Short Duration

1 Lakh

Investment Grown to
₹ 1.11 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.27 Lakh

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 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 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-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 6.84 0.02 0.41 2.05 5.16 6.49 11.39 8.44 8.33 8.46 8.34
CCIL T Bill Liquidity Weight 2.04 0.00 0.04 0.24 0.86 1.94 3.94 4.14 4.32 4.70 4.78
Debt: Short Duration 6.07 0.06 1.15 2.56 4.65 5.78 9.36 6.29 7.17 7.61 7.92
Rank within category 12 23 22 16 17 13 7 4 7 6 8
Number of funds in category 27 27 27 27 27 27 27 24 24 23 21

As on 09-Jul-2020

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 - Regular Plan
4 star
Dec-00 11.39 8.44 8.33 0.80 12,511
SBI Short Term Debt Fund
4 star
Jul-07 11.25 8.16 8.38 0.84 14,266
ICICI Prudential Short Term Fund  | Invest Now
4 star
Oct-01 11.48 8.15 8.71 1.51 13,649
Kotak Bond - Short Term Regular Fund  | Invest Online
4 star
May-02 11.06 8.24 8.32 1.13 11,858
HDFC Short Term Debt Fund  | Invest Online
5 star
Jun-10 11.92 8.86 8.73 0.39 11,138

Best & Worst Performance

Best (Period) Worst (Period)
Week 3.84 (11-Dec-2008 - 18-Dec-2008) -1.92 (12-Mar-2020 - 19-Mar-2020)
Month 8.38 (18-Nov-2008 - 18-Dec-2008) -2.34 (20-Feb-2020 - 23-Mar-2020)
Quarter 8.97 (16-Oct-2008 - 15-Jan-2009) -1.30 (21-May-2013 - 20-Aug-2013)
Year 14.43 (16-Jul-2008 - 16-Jul-2009) 3.23 (12-Nov-2003 - 11-Nov-2004)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 8.04 1.84 1.49 3.03 1.76 4.90
CCIL T Bill Liquidity Weight 4.07 0.28 -4.34 -7.86 -- --
Debt: Short Duration 5.74 3.41 0.64 1.42 1.21 1.92
Rank within category 3 11 4 5 17 4
Number of funds in category 26 26 26 26 26 26

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

As on 30-Jun-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 99 126 99 50
Modified Duration (yrs) 1.89 1.98 1.75 --
Average Maturity (yrs) 2.20 2.31 2.06 --
Yield to Maturity (%) 5.67 7.73 5.67 --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new 6.95% Reliance Industries 15/03/2023 Non Convertible Debenture AAA 0.00 - 6.80 6.80
equal 8.25% IRFC 28/02/2024 Debenture AAA 3.34 - 4.45 3.92
equal 8.50% National Bank Agr. Rur. Devp Debenture AAA 3.37 - 4.80 3.39
equal 8.30% Reliance Industries 2022 Debenture AAA 1.18 - 3.64 3.39
equal 7.87% HDFC 18/07/2022 Non Convertible Debenture AAA 0.00 - 3.55 3.24
equal 7.93% NTPC 2022 Non Convertible Debenture AAA 3.10 - 4.59 3.11
equal 7.42% Power Finance Corp. 19/11/2024 Non Convertible Debenture AAA 0.00 - 3.29 3.05
equal 7.24% LIC Housing Fin. 23/08/2021 Non Convertible Debenture AAA 0.00 - 3.06 2.62
equal 7.17% Nat. Highways Authority 23/12/2021 Non Convertible Debenture AAA 0.81 - 2.71 2.53
up 8.81% SIDBI 25/01/2022 Debenture AAA 1.38 - 2.49 2.49
up 6.19% IRFC 28/04/2023 Debenture AAA 0.00 - 2.37 2.37
equal 7.05% National Housing Bank 18/12/2024 Non Convertible Debenture AAA 0.00 - 2.47 2.32
equal 8.60% National Bank Agr. Rur. Devp 31/01/2022 Debenture AAA 2.22 - 3.17 2.22
new 5.80% National Housing Bank 15/05/2023 Debenture AAA 0.00 - 2.02 2.02
equal 8.60% LIC Housing Fin. 14/01/2022 Debenture AAA 0.00 - 2.17 2.01
equal 7.60% Nat. Highways Authority 18/03/2022 Bonds AAA 1.94 - 4.71 1.94
equal 7.95% SIDBI 26/04/2022 Debenture AAA 1.88 - 2.82 1.89
equal 7.25% Bajaj Finance 2020 Debenture AAA 0.00 - 1.97 1.81
equal 7.87% Larsen & Toubro 18/04/2022 Non Convertible Debenture AAA 1.73 - 2.57 1.73
equal 6.88% National Housing Bank 21/01/2025 Bonds/NCDs AAA 0.00 - 1.78 1.67
equal 7.40% HDFC 17/11/2020 Non Convertible Debenture AAA 0.30 - 1.75 1.57
equal 8.58% HDFC 18/03/2022 Debenture AAA 1.56 - 2.38 1.56
up 7.35% Power Finance Corp. 15/10/2022 Debenture AAA 0.00 - 1.55 1.55
equal 7.28% HDFC 26/09/2022 Debenture AAA 0.00 - 1.46 1.34
equal 8.83% REC 21/01/2022 Non Convertible Debenture AAA 0.12 - 1.64 1.32

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-2020

Fund Manager

— Suyash Choudhary since 11-Mar-2011

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:


0.02%

Change from previous, NAV as on 09-Jul-2020

Growth: ₹ 43.4247

Dividend Yearly: ₹ 10.8436

More

Dividend Quarterly: ₹ 10.5417

Dividend Periodic: ₹ 16.1125

Dividend Monthly: ₹ 10.4077

Dividend Fortnightly: ₹ 10.4246


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
Exit Load 0

Basic Details

Fund House: IDFC Mutual Fund
Launch Date: 14-Dec-2000
Return Since Launch: 7.79%
Benchmark: Nifty AAA Short Duration Bond
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 12,511 Cr (As on 31-May-2020)
Expense: 0.80% (As on 31-May-2020)
Risk Grade: Average
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Fortnightly07-Jul-20200.0513

 23-Jun-20200.1201
 09-Jun-20200.0034
 26-May-20200.1363
 12-May-20200.0896
 28-Apr-20200.0209
 31-Mar-20200.0350
 03-Mar-20200.0001
 18-Feb-20200.0379
 04-Feb-20200.0376
 21-Jan-20200.0182
 07-Jan-20200.0228
 24-Dec-20190.0127
 26-Nov-20190.0206
 11-Nov-20190.0210
 29-Oct-20190.0337
 15-Oct-20190.0320
 01-Oct-20190.0143
 17-Sep-20190.0079
 03-Sep-20190.0434
 20-Aug-20190.0212
 06-Aug-20190.0478
 23-Jul-20190.0283
 09-Jul-20190.0502
 25-Jun-20190.0185
Dividend Monthly26-Jun-20200.0674

 28-May-20200.1440
 28-Apr-20200.0421
 27-Mar-20200.0251
 28-Feb-20200.0614
 28-Jan-20200.0606
 27-Dec-20190.0081
 28-Nov-20190.0467
 30-Oct-20190.0918
 27-Sep-20190.0175
 29-Aug-20190.0809
 30-Jul-20190.0969
 27-Jun-20190.0283
 30-May-20190.0980
 26-Apr-20190.0103
 28-Mar-20190.0944
 27-Feb-20190.0459
 30-Jan-20190.0541
 28-Dec-20180.0635
 29-Nov-20180.0866
 30-Oct-20180.0583
 30-Aug-20180.0388
 30-Jul-20180.0628
 28-Jun-20180.0319
 30-May-20180.0142
Dividend Quarterly26-Jun-20200.3096

 24-Mar-20200.0831
 26-Dec-20190.1081
 25-Sep-20190.1364
 25-Jun-20190.1344
 27-Mar-20190.1713
 27-Dec-20180.1916
 26-Sep-20180.0829
 26-Jun-20180.0176
Dividend Yearly24-Mar-20200.4405

 27-Mar-20190.5076

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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