IDFC Corporate Bond Fund - Growth - Regular Plan

₹13.43 0.02 %Nav, as on 04-12-2019
Previous Nav
₹ 13.4266
Net Change on 04-12-2019
₹0
PersonalFN Rating

3 PersonalFN
Category
Debt - Corporate Bond Fund
Assets (Cr.)
₹ 15,902.87
Expense Ratio
0.57%
(As on Oct 31, 2019)

Fund Overview Growth | Regular Plan

Fund House
IDFC Mutual Fund
Launch Date
12-Jan-2016
Benchmark
Crisil 1 Yr T-Bill Index
Minimum Investment (₹)
5,000
Minimum Addl Investment (₹)
1,000
Exit Load (%)
Nil
Minimum SIP Investment (₹)
1,000
Minimum STP Investment (₹)
500
Minimum SWP Investment (₹)
500
52 Week Low Nav (₹)
12.32
52 Week Low Nav Date
03-Dec-2018
52 Week High Nav (₹)
13.43
52 Week High Nav Date
03-Dec-2019

Fund Objective

The Fund seeks to provide steady income and capital appreciation by investing primarily in AA+ and above rated corporate debt securities across maturities.

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
Crisil 1 Yr T-Bill Index	N/A	N/A	N/A	N/A	N/A	N/A
NIFTY AAA Short Duration Bond Index	N/A	N/A	N/A	N/A	N/A	N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name	Launch Date	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
Aditya Birla Sun Life Corporate Bond Fund - Growth - Regular Plan	Mar 03, 1997	10.30	7.49	8.50	0.38	16,893.29
HDFC Corporate Bond Fund - Growth Option	Jun 29, 2010	11.27	7.53	8.58	0.45	11,937.53
ICICI Prudential Corporate Bond Fund - Growth	Aug 11, 2009	10.36	7.25	8.28	0.56	10,587.33
Kotak Corporate Bond Fund- Regular Plan-Growth Option	Sep 21, 2007	10.30	7.91	8.65	0.61	3,431.86
L&T Triple Ace Bond Fund-Regular Plan-Growth Plan	Mar 31, 1997	14.17	5.78	7.46	0.62	1,754.18

Fund Holdings as on 31-October-2019

Company % Assets
7.2% Indian Railway Finance Corporation Limited **
6.02
8.5% National Bank For Agriculture and Rural Development **
4.76
7.42% Power Finance Corporation Limited **
3.82
Net Current Assets
3.22
8.37% National Bank For Agriculture and Rural Development **
3.16
7.25% Small Industries Dev Bank of India **
3.16
7.6% Housing Development Finance Corporation Limited **
2.34
7.09% Export Import Bank of India **
2.09
7.42% REC Limited **
1.93
8.49% Housing Development Finance Corporation Limited **
1.75
7.05% Power Finance Corporation Limited **
1.71
7.78% Housing Development Finance Corporation Limited **
1.70
7.3% Power Finance Corporation Limited **
1.68
8.14% National Housing Bank **
1.55
8.055% HDB Financial Services Limited **
1.46
8.02% National Housing Bank **
1.46
6.73% Indian Railway Finance Corporation Limited **
1.43
7.9% Tata Sons Private Ltd **
1.42
8.36% Power Finance Corporation Limited **
1.40
Axis Bank Limited **
1.39
7.4805% Kotak Mahindra Prime Limited **
1.36
7.46% Power Finance Corporation Limited **
1.30
8.52% Housing Development Finance Corporation Limited **
1.27
Kotak Mahindra Prime Limited **
1.23
8.18% National Bank For Agriculture and Rural Development **
1.15
8.5% Indian Railway Finance Corporation Limited **
1.12
7.82% HDB Financial Services Limited **
1.11
8.15% National Bank For Agriculture and Rural Development **
1.08
8.75% Reliance Industries Limited **
1.04
8.22% National Bank For Agriculture and Rural Development **
1.01
8.38% Power Finance Corporation Limited **
0.94
9.1106% LIC Housing Finance Limited **
0.93
Housing Development Finance Corporation Limited **
0.92
Axis Bank Limited **
0.78
Kotak Mahindra Investments Limited **
0.76
8.05% National Housing Bank **
0.76
Kotak Mahindra Bank Limited **
0.74
8.8% Housing Development Finance Corporation Limited **
0.73
Kotak Mahindra Prime Limited **
0.70
8.95% Larsen & Toubro Limited **
0.70
Small Industries Dev Bank of India **
0.70
Small Industries Dev Bank of India
0.70
Small Industries Dev Bank of India **
0.65
1.5% Housing Development Finance Corporation Limited **
0.64
8.4% Power Grid Corporation of India Limited **
0.64
9.2556% HDB Financial Services Limited **
0.63
7.78% LIC Housing Finance Limited **
0.63
8.47% LIC Housing Finance Limited **
0.63
Kotak Mahindra Prime Limited **
0.62
Small Industries Dev Bank of India
0.62
National Bank For Agriculture and Rural Development
0.62
Axis Bank Limited **
0.62
Sundaram Finance Limited **
0.62
Small Industries Dev Bank of India **
0.61
Kotak Mahindra Prime Limited **
0.61
7.59% REC Limited **
0.60
7.55% HDB Financial Services Limited **
0.60
8.95% Bajaj Finance Limited **
0.57
ICICI Bank Limited **
0.55
7.98% LIC Housing Finance Limited **
0.55
8.68% LIC Housing Finance Limited **
0.54
7.2% LIC Housing Finance Limited **
0.54
LIC Housing Finance Limited **
0.51
7.77% Bajaj Finance Limited **
0.51
9.3808% HDB Financial Services Limited **
0.48
8.02% LIC Housing Finance Limited **
0.47
8.75% Housing Development Finance Corporation Limited **
0.47
7.65% Bajaj Finance Limited **
0.47
Kotak Mahindra Prime Limited **
0.46
Kotak Mahindra Investments Limited **
0.46
Bajaj Finance Limited **
0.45
6.83% REC Limited **
0.44
8.15% Power Grid Corporation of India Limited **
0.42
Triparty Repo
0.42
7.813% LIC Housing Finance Limited **
0.41
8.2% Power Grid Corporation of India Limited **
0.41
ICICI Bank Limited **
0.40
8.87% REC Limited **
0.39
8.2% National Bank For Agriculture and Rural Development **
0.39
9.15% Larsen & Toubro Limited **
0.39
8.65% Power Finance Corporation Limited **
0.38
LIC Housing Finance Limited **
0.36
7.9% Tata Sons Private Ltd **
0.35
8.6138% Sundaram Finance Limited **
0.32
7.65% National Housing Bank **
0.32
8.19% Mahindra Vehicle Mfg Limited **
0.32
7.67% Housing Development Finance Corporation Limited **
0.32
7.52% LIC Housing Finance Limited **
0.32
7.8058% Kotak Mahindra Prime Limited **
0.32
7.65% Bajaj Finance Limited **
0.32
7.85% L & T Housing Finance **
0.31
ICICI Bank Limited **
0.31
Housing Development Finance Corporation Limited **
0.31
Bank of Baroda
0.30
8.82% Power Finance Corporation Limited **
0.29
8.48% LIC Housing Finance Limited **
0.29
Kotak Mahindra Investments Limited **
0.28
7.7952% Sundaram Finance Limited **
0.25
7.97% LIC Housing Finance Limited **
0.25
8.78% NHPC Limited **
0.22
6.83% Power Finance Corporation Limited **
0.22
6.54% Export Import Bank of India **
0.22
HDFC Bank Limited **
0.22
Housing Development Finance Corporation Limited **
0.19
Bajaj Finance Limited **
0.19
8.7% Power Finance Corporation Limited **
0.19
8.43% Housing Development Finance Corporation Limited **
0.19
8.75% LIC Housing Finance Limited **
0.19
Small Industries Dev Bank of India **
0.19
8.95% Power Finance Corporation Limited **
0.16
7.8% Axis Finance Limited **
0.16
7.7455% Kotak Mahindra Prime Limited **
0.16
7.76% Kotak Mahindra Prime Limited **
0.16
7.5% HDB Financial Services Limited **
0.16
7.9% LIC Housing Finance Limited **
0.16
7.5% Bajaj Finance Limited **
0.16
Kotak Mahindra Investments Limited **
0.16
Axis Bank Limited **
0.15
Sundaram Finance Limited **
0.15
Housing Development Finance Corporation Limited **
0.14
9.64% Power Grid Corporation of India Limited **
0.13
7.93% Power Grid Corporation of India Limited **
0.13
8.55% Indian Railway Finance Corporation Limited **
0.13
7.09% Small Industries Dev Bank of India **
0.13
8.7% Power Finance Corporation Limited **
0.13
7.62% Bajaj Finance Limited **
0.13
8.7% Housing Development Finance Corporation Limited **
0.10
8.42% Power Finance Corporation Limited **
0.10
Bajaj Finance Limited **
0.09
8.49% Housing Development Finance Corporation Limited **
0.07
9.47% Power Grid Corporation of India Limited **
0.06
8.84% Power Grid Corporation of India Limited **
0.06
8.78% NTPC Limited **
0.06
8.9% Power Grid Corporation of India Limited **
0.06
7.8834% Bajaj Finance Limited **
0.06
7.8409% Bajaj Finance Limited **
0.06
9.02% REC Limited **
0.06
8.85% NHPC Limited **
0.05
9.42% Power Finance Corporation Limited **
0.03
8.8% Larsen & Toubro Limited **
0.03
8.13% Power Grid Corporation of India Limited **
0.03
8.5571% Sundaram Finance Limited **
0.03
8.49% NHPC Limited **
0.03
8.65% REC Limited **
0.03
8.85% Power Grid Corporation of India Limited **
0.01
Cash Margin - CCIL
0.00

Sector Holding%
Miscellaneous
80.95

About IDFC Corporate Bond Fund

Scheme Analysis

IDFC Corporate Bond Fund is a Debt - Corporate Bond Fund fund and belongs to IDFC Mutual Fund. It was launched on 12-Jan-2016 and currently has an AUM of ₹15,902.87 crore. IDFC Corporate Bond Fund is benchmarked against Crisil 1 Yr T-Bill Index as primary index and NIFTY AAA Short Duration Bond Index as secondary index.

The NAV of IDFC Corporate Bond Fund ended up ₹0(0.02%)yesterday to ₹13.43.

Among its top 3 holdings the fund has exposure to 7.2% Indian Railway Finance Corporation Limited **, 8.5% National Bank For Agriculture and Rural Development ** and 7.42% Power Finance Corporation Limited **

The IDFC Corporate Bond Fund is managed by Anurag Mittal .

Fund House Contact

Address:

OneIndiaBulls Centre, 841, Jupiter Mills Compound, Senapati Bapat Marg, Elphinstone Road (West), Mumbai - 400 013

Phone Number: 022-66289999

Email Address: investormf@idfc.com

Fax Number: 022-24215052

Website: www.idfcmf.com

Fund Manager

Anurag Mittal

Education:B.Com, ACA, MSc
Experience:4 Years
Basic Details:Mr. Anuraj Mittal has Wide experience in credit research.
Funds Managed:
IDFC Banking & PSU Debt Fund
IDFC Cash Fund
IDFC Corporate Bond Fund
IDFC Hybrid Equity Fund
IDFC Low Duration Fund
IDFC Money Manager Fund
IDFC Regular Savings Fund

Holding Type Holding %
CARE A1+
2.99
CARE AAA
8.23
Cash
3.64
CRISIL A1+
6.66
CRISIL AAA
71.00
FITCH A1+
0.30
FITCH AAA
0.22
ICRA A1+
5.43
ICRA AAA
1.51

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