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Fincash » Mutual Funds » IDFC Banking PSU Debt Fund

IDFC Banking & PSU Debt Fund - G

NAV  ₹22.1953 ↑ 0.00  (0.00 %) as on 1 Mar 24

Scheme Objective

The Scheme seeks to generate returns through investments in debt and money market instruments predominantly issued by entities such as Banks, Public Sector Undertakings (PSUs) and Public Financial Institutions (PFIs).

IDFC Banking & PSU Debt Fund is a Debt - Banking & PSU Debt fund launched on 7 Mar 13. It is a fund with Moderate risk and has given a CAGR return of 7.5% since its launch.  Ranked 60 in Banking & PSU Debt category.  Return for 2023 was 6.7% , 2022 was 3.6% and 2021 was 3.4% .

Below is the key information for IDFC Banking & PSU Debt Fund

NAV as on 1 Mar 24₹22.1953 ↑ 0.00  (0.00 %)
Net Assets (AUM) as on 31 Jan 2024 ₹14,537 Cr.
Launch Date7 Mar 2013
CategoryDebt - Banking & PSU Debt
Rating
TypeOpen Ended Fund
RiskModerate
Yield To Maturity7.62%
Effective Maturity2 Years 2 Months 16 Days
Modified Duration1 Year 10 Months 20 Days
Alpha Ratio0.0
Expense Ratio0.62 %
Sharpe Ratio-0.16
Information Ratio0.0
BenchmarkNot Available
ISININF194K01SN6
AMCIDFC Asset Management Company Limited
Min Investment ₹5,000
Min SIP Investment ₹1,000
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Mar 24

DurationReturns
1 Month 0.6%
3 Month 1.9%
6 Month 3.3%
1 Year 7.3%
3 Year 5.2%
5 Year 7.1%
10 Year
15 Year
Since launch 7.5%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 6.7%
2022 3.6%
2021 3.4%
2020 10.9%
2019 11.2%
2018 7.3%
2017 5.5%
2016 8%
2015 8.5%

Growth of 10k Over Years

DateValue
28 Feb 19₹10,000
29 Feb 20₹11,207
28 Feb 21₹12,127
28 Feb 22₹12,680
28 Feb 23₹13,142
29 Feb 24₹14,107
IDFC Banking & PSU Debt Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash13.82%
Debt85.92%
Other0.25%
IDFC Banking & PSU Debt Fund Asset Allocation

Sector Allocation

SectorValue
Government51.52%
Corporate40.18%
Cash Equivalent8.05%
RatingValue
AAA100%
IDFC Banking & PSU Debt Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
7.38% Govt Stock 2027
Sovereign Bonds | -
13%₹1,844 Cr182,500,000
↑ 31,500,000
National Bank For Agriculture And Rural Development
Debentures | -
7%₹995 Cr100,000,000
↑ 2,500,000
Rural Electrification Corporation Limited
Debentures | -
7%₹947 Cr95,000,000
Indian Railway Finance Corporation Limited
Debentures | -
5%₹762 Cr76,500,000
Indian Railway Finance Corporation Limited
Debentures | -
5%₹746 Cr75,000,000
HDFC Bank Limited
Debentures | -
4%₹574 Cr59,700,000
Bajaj Housing Finance Limited
Debentures | -
4%₹573 Cr57,500,000
Hindustan Petroleum Corporation Limited
Debentures | -
4%₹534 Cr53,000,000
Small Industries Development Bank Of India
Debentures | -
3%₹478 Cr48,000,000
HDFC Bank Limited
Debentures | -
3%₹447 Cr45,000,000
1 - 10 of 85
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Fund Managers

NameSinceTenure
Suyash Choudhary28 Jul 212.51 Yr.
Gautam Kaul1 Dec 212.17 Yr.

Custodians

CompanyAddress
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,

Registrar & Transfer Agent

Computer Age Management Services Ltd
AddressNew No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam
FAX91-44-28283610
Emailenq_L@camsonline.com

Administrator Companies

CompanyAddress
Bandhan Asset Management Company LimitedBandhan Asset Management Company Limited,6th Floor, 841, One World Center,Jupiter Mill, Senapati Bapat Marg, Elphinstone Road (West), Mumbai

Auditors

CompanyAddress
Deloitte Haskins & Sells LLP12, Dr. Annie Besant Road, Opp. Shiv Sagar Estate,,Worli

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
IDFC Banking & PSU Debt Fund
Normal Dividend, Payout
₹11.9854
↑ 0.00
3.26 %7.34 %4.9 %5.26 %
IDFC Banking & PSU Debt Fund
Growth
₹22.1953
↑ 0.00
3.26 %7.34 %5.17 %7.12 %
IDFC Banking & PSU Debt Fund
Annual Dividend, Payout
₹11.676
↑ 0.00
3.27 %3.17 %3.56 %5.49 %
IDFC Banking & PSU Debt Fund
Daily Dividend, Reinvestment
₹10.8788
0 %2.9 %3.43 %5.58 %
IDFC Banking & PSU Debt Fund
Fortnightly Dividend, Reinvestment
₹10.6136
↑ 0.00
-0.02 %0 %2.39 %4.92 %
IDFC Banking & PSU Debt Fund
Monthly Dividend, Reinvestment
₹10.6703
↑ 0.00
-0.01 %-0.02 %2.11 %4.81 %
IDFC Banking & PSU Debt Fund
Quarterly Dividend, Payout
₹10.7678
↑ 0.00
0.52 %1.15 %2.12 %4.44 %
Data as on 1 Mar 24

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.