IDFC Mutual Fund
IDFC is a leading financial services company in India with a strong growth and performance track record. With approximately 22 years of involvement, the organization has assembled a solid presence in foundation financing and related areas. Likewise, it is one of India’s driving resource directors, with a typical Assets under Management (AUM) of over Rs. 1,20,000 crores as of December 2020.
It has an accomplished venture group with a profound on-the-ground presence in more than 46 urban communities and financial backers across over 375+ urban areas and towns in India. IDFC AMC’s Equity products are built on a combination of fundamental research, deep sectoral insight, and proprietary frameworks. The AMC has a large and experienced Equity team focusing on wealth preservation through consistent risk management.
Top 10 IDFC Mutual Fund Schemes –
Fund Size (in Cr)
|IDFC Sterling Value Fund – Direct Growth||Equity||Very High||19.55||3||4,636|
|IDFC Sterling Value Fund – Direct (IDCW)||Equity||Very High||19.55||1||4,636|
|IDFC Tax Advantage (ELSS) Fund – Direct Growth||Equity||Very High||14.15||4||3,742|
|IDFC Tax Advantage (ELSS) Fund – Direct (IDCW)||Equity||Very High||14.12||3||3,742|
|IDFC Infrastructure Fund – Direct (IDCW)||Equity||Very High||16.48||2||650|
|IDFC Infrastructure Fund – Direct Growth||Equity||Very High||16.39||2||650|
|IDFC FTP – Sr.166 Growth||Debt||Moderate||11.18||-||56|
|IDFC FTP – Sr.149 Growth||Debt||Moderate||11.18||-||601|
|IDFC FTP – Sr.149 (IDCW-H)||Debt||Moderate||11.18||-||601|
|IDFC FTP – Sr.149 (IDCW-Q)||Debt||Moderate||11.18||-||601|
The Debt products aim to deliver superior risk-adjusted returns through prudent portfolio construction across interest rate cycles, credit cycles, and liquidity conditions. The AMC has a large and experienced Debt team focusing on capital preservation. IDFC Mutual Fund focuses on providing investors access to return enhancing avenues such as high-quality corporate bonds, dynamic asset allocation, and MIPs. These fixed income solutions leverage AMC’s large debt platform.
The primary aim of the fund house is to generate long-term capital appreciation by investing in a diversified portfolio of equity and equity-related securities of companies that are trading at a discount to their intrinsic worth. The fund has been able to deliver above-average returns over a long period.
Some of these schemes offer tax savings, while others generate high returns compared to other instruments available in the market. The schemes offered have performed consistently over time, making it an ideal choice for investors who wish to save taxes or create wealth over a short or long time.
IDFC Mutual Funds are one of the best mutual funds to invest in. Investing in IDFC Mutual Funds Online in India is an excellent way to diversify your risk over various sectors, industries, and asset classes. This helps mitigate your investment risk and thus ensures steady returns on your investment.
Investing in IDFC Mutual Funds online is are relatively easy and convenient. IDFC Securities Limited provides financial services and products such as equity trading, currency trading, commodity trading, and fixed income securities. They also offer insurance products such as life insurance and equity broking services to customers all over the country.
IDFC Mutual Fund Key Information
|Mutual Fund Name||IDFC Mutual Fund|
|Founded on||20th December 1999|
|Sponsor Name||IDFC Limited|
|Trustee Company||IDFC AMC Trustee Company Private Limited|
|Chairman and Independent Director||Mr Sunil Kakar|
|Managing Director and Chief Executive Officer||Mr Vishal Kapoor|
|Executive Director and Chief Information Officer||N.A.|
|Board of Directors||Mr Sunil Kakar
Mr Ajay Sondhi
Dr Jaimini Bhagwati
Mr Anil Singhvi
Ms Anita Belani
Ms Ritu Anand
|Registered Office||Tower 1, 6th Floor, One IndiaBulls Centre, 841, S. B. Marg, Elphinstone Road (W), Mumbai – 400013 CIN: U65993MH1999PLC123191|
|Corporate Office||Naman Chambers, C 32, Ground Floor, G Block Road, Bandra Kurla Complex-bandra East, Mumbai – 400051, Opposite Bank Of Baroda|
|Contact Information||Tel: 022-66289999
|Registrar and Transfer Agent||Computer Age Management Services Pvt. Ltd.|
|Statutory Auditors||Deloitte Haskins and Sells (Registration Number: AAB-8737)|
IDFC Mutual Fund- Top Fund Managers
Mr Anoop Bhaskar
Mr Anoop Bhaskar, Head of Equity with an experience timeline of approximately 27 years in the industry. He has managed the funds of the AMC since 2016. Before starting his stint as the head of equity here, he worked with the UTI Mutual Fund house. He has also worked with other fund houses like Sundaram Asset Management. He handles ten schemes of the fund house.
Mr Daylynn Gerard Paul Pinto
Mr Daylynn Gerard Paul Pinto, Fund Manager, with an experience timeline of approximately 12 years in the industry. He has managed the funds of the AMC since 2016. Before this, he was working at the UTI Mutual Fund house responsible for the said portfolio from 2006 to 2016.
Mr Sumit Agrawal
A Vice President with an experience timeline of approximately 12 years in the industry, Mr Sumit Agrawal, has managed the funds of the AMC since 2016. In his stellar experience, he has worked with the erstwhile top fund houses like Mirae Asset, Axis Capital, JP Morgan in research and strategy positions.
Mr Arpit Kapoor
Associate Vice President with an experience timeline of approximately 12 years in the industry, Mr Arpit Kapoor, has managed the funds of the AMC since 2015. Before his stint at IDFC fund house, he worked with the UTI Asset Management Company during the tenure of 2009-2015. He has held multiple research, analysis, and management positions focusing on domestic and offshore funds. Currently, he has 12 mutual fund schemes in his portfolio.