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 Name
Category
Rating
Fund Size (in Cr)
1Y Returns
3Y Returns
5Y Returns
IDFC Sterling Value Fund Equity 4 4,906 8.5 26.5 13
IDFC Tax Advantage (ELSS) Fund Equity 4 3,851 4.6 23.7 14.3
IDFC Infrastructure Fund Equity 2 656 3.8 20.7 8.9
IDFC Core Equity Fund Equity 3 2,416 3.7 18.4 12
IDFC Large Cap Fund Equity 4 1,100 -0.7 15.8 11.6
IDFC Hybrid Equity Fund Hybrid 3 588 0.6 15.7 10.2
IDFC Nifty 50 Index Fund Other 4 498 -1.6 15.5 13
IDFC FTP – Sr.152 Debt - 66 -1.6 15.4 14
IDFC FTP – Sr.178 Debt - 75 -1.6 15.4 14
IDFC FTP – Sr.177 Debt - 88 -1.6 15.4 14
IDFC FTP – Sr.176 Debt - 189 -1.6 15.4 14
IDFC Focused Equity Fund Equity 2 1,357 0.2 15.1 8.9
IDFC FTP – Sr.167 Debt - 120 11.1 14.4 14
IDFC FTP – Sr.149 Debt - 601 11.1 14.4 14
IDFC FTP – Sr.166 Debt - 55 11.1 14.4 14
IDFC Flexi Cap Fund Equity 2 5,907 2.6 14.1 9.5
IDFC Asset Allocation FoF – Aggressive-Direct Growth Other 2 15 -0.3 11.6 7.9
IDFC Balanced Advantage Fund Hybrid 3 3,044 0.5 11.1 9.6
IDFC Asset Allocation FoF – Moderate – Direct Growth Other - 17 1.2 9.4 7.4
IDFC Equity Savings Fund Hybrid 2 107 3 8.7 7
IDFC Asset Allocation FoF – Conservative – Dir Growth Other 3 8.98 2.5 7.1 6.7
IDFC Banking & PSU Debt Fund Debt 5 15,787 3.1 6.5 7.4
IDFC FTP – Sr.179 Debt - 279 1.8 6.4 -
IDFC G Sec Fund Debt 4 1,404 0.7 6.3 7.3
IDFC Corporate Bond Fund Debt 2 16,708 2 6.2 6.6
IDFC All Seasons Bond Fund Other 3 138 2.6 6.2 6.7
IDFC Regular Savings Fund Hybrid 2 171 0.2 6.1 6
IDFC Credit Risk Fund Debt 3 673 2.9 6 6.5
IDFC Dynamic Bond Fund Debt 3 2,476 0.7 6 6.7
IDFC Bond Fund Debt 2 9,965 2.3 5.9 6.6
IDFC Bond Fund Debt 3 2,245 0.8 5.3 6.2
IDFC GSF Constant Maturity Plan – Direct Growth Debt - 219 -1.3 5.1 7.8
IDFC Low Duration Fund Debt 3 6,098 3.4 5.1 6.1
IDFC Bond Fund Debt 2 536 0 5 6
IDFC Money Manager Fund Debt 3 3,110 3.9 4.7 5.6
IDFC Ultra Short Term Fund Debt 3 4,094 3.8 4.6 -
IDFC Arbitrage – Direct Growth Hybrid 3 4,195 4.2 4.4 5.4
IDFC Cash Fund Debt 2 12,366 4.1 3.9 5.2
IDFC Overnight Fund Debt 3 2,580 4 3.6 -
IDFC Nifty200 Momentum 30 Index Fund Other - - - - -
IDFC US Equity Fund Other - 324 -14.1 - -
IDFC Midcap Fund Equity - 534 - - -
IDFC Nifty 100 Index Fund Other - 54 - - -
IDFC Floating Rate Fund Debt - 609 3.4 - -
IDFC Emerging Businesses Fund Equity - 1,477 -3.1 - -
IDFC CRISIL Gilt 2027 Index Fund Other - 6,279 0.6 - -
IDFC Multi Cap Fund Equity - 1,100 - - -
IDFC CRISIL Gilt 2028 Index Fund Other - 2,502 0.7 - -

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
Assets Managed INR 1,21,032.15 crore (Mar-31-2022)
Founded on 20th December 1999
AMC Setup Date 13th March 2000
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.
Executive Team Mr Anoop Bhaskar, Head – Equities

Mr Gaurab Parija, Head – Sales and Marketing

Mr Vijay Krishna Kumar, Head – Liquid Alternatives

Mr Suyash Choudhary, Head – Fixed Income

Mr Hemant Agrawal, Head – Operations & IT

Mr Sanjay Lakra, Head – Legal & Compliance

Mr Piyush Anchliya, Chief Financial Officer

Mrs Swati Singh, Head – Human Resources & Administration

Board of Directors Mr Sunil Kakar

Mr Ajay Sondhi

Dr Jaimini Bhagwati

Mr Anil Singhvi

Ms Anita Belani

Ms Ritu Anand

Trustee Directors Dr Jaimini Bhagwati, Non-Executive Director & Chairman

Mr Pradeep Kumar, Independent Director

Mr Vishwavir Saran Das, Independent Director

Mr Amitabh Verma, Independent Director

AMC Directors Ms Veena Mankar, Independent Director & Chairperson

Ms Anita P Belani, Associate Director

Ms Ritu Anand, Non-executive Director

Mr Anand Krishna, Independent Director

Compliance Officer Mr Sanjay Lakra
Investor Service Officer Mr Sunil Aryamane
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
Telephone Nos. 022-66289999
Fax Nos. 022-24215052
E-mail investormf@idfc.com
Registrar and Transfer Agent Computer Age Management Services Pvt. Ltd.
Statutory Auditors Deloitte Haskins and Sells (Registration Number: AAB-8737)
Custodians Deutsche Bank Limited AG

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.

Sachin Relekar

Mr Sachin Relekar manages 18 schemes with an AUM of INR 9602 Crores and has also worked with multiple financial institutions such as LIC AMC, Sundaram AMC, Tata AMC, and more. 

Harshal Joshi

Mr Harshal Joshi is the Associate Vice President – Fund Management at IDFC Asset Management Company and has nine years of experience in the mutual fund industry. He has been associated with IDFC AMC since 2008 and previously worked with ICAP India Pvt Ltd. He manages 44 schemes for IDFC with an AUM of INR 35,520 Crores. 

How can you invest in IDFC Fund?

If you want to invest in IDFC Mutual Funds, the process is extremely simple on the 5Paisa platform. 5Paisa is one of the country’s largest investing platforms, and you can easily add IDFC and other mutual funds to your portfolio. The steps to invest in IDFC Mutual Fund online is as follows:

Step 1: Log in to your 5Paisa Account. If you do not have one, click the link to register and create a new 5Paisa account in 3 easy steps. Alternatively, you can download the 5Paisa app on your smartphone for Android or IOS and log in from your device. 

Step 2: Search for the IDFC Mutual Fund scheme that you want to invest in

Step 3: Select the option that is apt for your requirement and risk appetite

Step 4: Select the investment type – SIP (Systematic Investment Plan) or Lumpsum 

Step 5: Input the amount that you’d like to invest and proceed with payment by clicking on the ‘Invest Now’ button

That’s it! This sums up the investment process. Once your payment is successful, you can see the IDFC Mutual Fund reflected in your 5Paisa account in 3-4 working days. If you have selected the SIP option, the chosen amount will get deducted every month starting from the date you have made the payment. 

IDFC Funds Performance and Minimum Investment

Here is a quick look at the top 10 IDFC mutual fund investment options that have provided high returns to investors:

IDFC Arbitrage Fund

With Annualised Returns of 3.38% in the last year, IDFC Arbitrage Fund is an open-ended scheme investing in arbitrage opportunities. The scheme is suitable for a minimum investment horizon of 6-months and primarily invests in the cash and derivatives segments of the equity market. 

  • Category: Arbitrage
  • Scheme Type: Hybrid 
  • NAV 26.6193 as on 08/07/2022
  • Monthly Avg AUM: INR 4,682.42 Crores 
  • Month end AUM: INR 4,522.17 Crores
  • Inception Date: 21st December 2006 
  • Fund Manager: Equity Portion: Mr Nemish Sheth (w.e.f. 1st November 2021) & Debt Portion: Mr Harshal Joshi (w.e.f. 20th October 2016)
  • SIP (Minimum Amount): INR 100/- 
  • SIP Frequency: Monthly
  • Minimum Investment Amount: INR. 100/- and any amount after that
1-year Annualized Returns 3-year Annualized Returns 5-year Annualized Returns
3.38% 3.97% 4.85%

IDFC Overnight Fund

Falling in the relatively low-risk category, the IDFC Overnight Fund is an open-ended Debt Scheme investing in overnight securities. The scheme is ideal for those looking for a safe investment option and who want to temporarily park their surplus in a mutual fund scheme (minimum recommended investment horizon of 1 day). 

Category: Overnight

Scheme Type: Debt

NAV 1141.9778 as on 10/07/2022

Monthly Avg AUM: INR 2,357.87 Crores

Month-end AUM: INR 3,054.87 Crores

Inception Date: 18th January 2019

Fund Manager: Mr Brijesh Shah (w.e.f. 1st February 2019)

Benchmark: Nifty 1D Rate Index

SIP (Minimum Amount): INR 1,000/-

SIP Frequency: Monthly

Minimum Investment Amount: INR 5,000/- and any amount after that

1-year Annualized Returns 3-year Annualized Returns 5-year Annualized Returns
3.38% 3.55% NA

IDFC Banking and PSU Debt Fund

The open-ended debt scheme that invests in debt instruments of banks, public sector undertakings (PSU), Public Financial Institutions, and municipal bonds, the IDFC Banking & PSU Debt Fund scheme, has a relatively high-risk appetite but low credit risk. The minimum investment horizon for this scheme is 3 years.

Category: Banking and PSU

Scheme Type: Debt 

NAV 20.0581 as on 08/07/2022

Monthly Avg AUM: INR 16,788.51 Crores 

Month-end AUM: INR 16,606.83 Crores 

Inception Date: 7th March 2013 

Fund Manager: Mr Suyash Choudhary (w.e.f. 28th July 2021) Mr Gautam Kaul (w.e.f. 1st December 2021)

Benchmark: NIFTY Banking & PSU Debt Index (w.e.f. 11th November 2019) 

SIP (Minimum Amount): INR 1000/- SIP Frequency: Monthly

Minimum Investment Amount: INR 5,000/- and any amount after that

1-year Annualized Returns 3-year Annualized Returns 5-year Annualized Returns
2.90% 6.09% 7.21%

IDFC Corporate Bond Fund

The IDFC Corporate Bond Fund is an open-ended debt scheme that invests in AA+ and above-rated corporate bonds. This makes it a scheme with relatively high-interest rate risk and low credit risk, with a recommended investment period of 3 years. 

Category: Corporate Bond Monthly Avg 

Scheme Type: Debt

NAV 15.6258 as on 08/07/2022

AUM: INR 17,295.78 Crores 

Month end AUM: INR 17,068.59 Crores 

Inception Date: 12th January 2016 

Fund Manager: Mr Suyash Choudhary (w.e.f. 28th July 2021) Mr Gautam Kaul (w.e.f. 1st December 2021)

Benchmark: Tier 1: NIFTY Corporate Bond Index B-III (w.e.f. 1st April 2022) Tier 2: NIFTY AAA Short Duration Bond Index 

SIP (Minimum Amount): INR 1000/- 

SIP Frequency: Monthly

Minimum Investment Amount: INR 5,000/- and any amount after that

1-year Annualized Returns 3-year Annualized Returns 5-year Annualized Returns
2.23% 6.29% 6.44%

IDFC Equity Savings Fund

An open-ended scheme investing in equity, arbitrage, and debt, IDFC Equity Savings Fund is a hybrid scheme suitable for those who want to diversify their investment and have a minimum horizon of 3 years. 

Category: Equity Savings 

Scheme Type: Hybrid

NAV 24.6100 as on 08/07/2022

Monthly Avg AUM: `INR 104.30 Crores 

Month end AUM: `INR 105.99 Crores 

Inception Date: 9th June 2008 

Fund Manager: Equity Portion: Mr Nemish Sheth (w.e.f. 1st Nov 2021), Mr Sachin Relekar (w.e.f. 8th December 2020) & Debt Portion: Mr Harshal Joshi (w.e.f. 20th October 2016)

Benchmark: CRISIL Equity Savings Index (w.e.f. 1st Dec, 2021)

SIP (Minimum Amount): INR 100/- (Minimum 6 instalments) 

SIP Frequency: Monthly

Minimum Investment Amount: INR 5,000/- and any amount after that

1-year Annualized Returns 3-year Annualized Returns 5-year Annualized Returns
2.39% 6.14% 5.68%

IDFC Low Duration Fund

IDFC Low Duration Fund is a debt scheme investing in instruments with a Macaulay duration of between 6 – 12 months. The scheme generates relatively stable returns with a low-risk strategy and is recommended as a core debt allocation for at least 6 months.

Category: Low Duration 

Scheme Type: Debt

NAV 31.5162 as on 08/07/2022

Monthly Avg AUM: INR 6,389.52 Crores 

Month-end AUM: INR 6,499.69 Crores 

Inception Date: 17th January 2006 

Fund Manager: Mr Harshal Joshi (w.e.f. 28th July 2021)

Benchmark: NIFTY Low Duration Debt Index A-I (w.e.f. 1st April 2022) 

SIP (Minimum Amount): INR 100/- 

SIP Frequency: Monthly

Minimum Investment Amount: INR 100/- and any amount after that

1-year Annualized Returns 3-year Annualized Returns 5-year Annualized Returns
3.02% 5.24% 6.04%

IDFC Ultra Short Term Fund

IDFC Ultra Short Term Debt Scheme invests in instruments with a Macaulay duration of 3-6 months. The scheme seeks to generate stable returns with a low-risk strategy and is ideal for parking core debt allocation for a minimum investment of 3 months. 

Category: Ultra Short Duration 

Scheme Type: Debt

NAV 12.4369 as on 08/07/2022

Monthly Avg AUM: INR 4,550.92 Crores 

Month-end AUM: INR 4,026.60 Crores 

Inception Date: 18th July 2018 

Fund Manager: Mr Harshal Joshi (w.e.f. 18th July 2018)

Benchmark: NIFTY Ultra Short Duration Debt Index A-I (w.e.f. 1st April 2022) 

SIP (Minimum Amount): INR 100/- 

SIP Frequency: Monthly

Minimum Investment Amount: INR 100/- and any amount after that

1-year Annualized Returns 3-year Annualized Returns 5-year Annualized Returns
3.30% 4.77% NA

IDFC Money Manager Fund

IDFC Money Manager Fund is a debt scheme for investment money in market instruments, making it relatively low-interest risk and recommended for debt allocation with a minimum investment horizon of 6 months. 

Category: Money Market 

Scheme Type: Debt

NAV 33.1316 as on 08/07/2022

Monthly Avg AUM: INR 3,247.98 Crores 

Month-end AUM: INR 2,835.80 Crores 

Inception Date: 18th February 2003 

Fund Manager: Mr Brijesh Shah (w.e.f. 12th July 2021) Mr Gautam Kaul (w.e.f. 1st December 2021)

Benchmark: NIFTY Money Market Index A-I (w.e.f. 1st April 2022) 

SIP (Minimum Amount): INR 100/- 

SIP Frequency: Monthly

Minimum Investment Amount: INR 100/- and any amount after that

1-year Annualized Returns 3-year Annualized Returns 5-year Annualized Returns
2.96% 4.16% 4.99%

IDFC Cash Fund

IDFC Cash Fund is a low-interest risk scheme that primarily invests in high-quality debt and money market instruments with high liquidity. The scheme is suitable for temporary parking of corpus or surplus with a minimum recommended horizon of 7 days. 

Category: Liquid

Scheme Type: Debt

NAV 1.3853 as on 10/07/2022 

Monthly Avg AUM: INR 11,788.43 Crores 

Month-end AUM: INR 12,043.94 Crores 

Inception Date: 2nd July 2001 

Fund Manager: Mr Harshal Joshi (w.e.f. 15th September 2015) Mr Brijesh Shah (w.e.f. 1st December 2021)

Benchmark: NIFTY Liquid Index A-I (w.e.f. 1st April 2022) 

SIP (Minimum Amount): INR 1,00/- 

SIP Frequency: Monthly

Minimum Investment Amount: INR 100/- and any amount after that

1-year Annualized Returns 3-year Annualized Returns 5-year Annualized Returns
3.64% 4.05% 5.30%

IDFC Floating Rate Fund

The IDFC Floating Rate Fund is an open-ended debt scheme that invests in floating rate instruments like swaps, derivatives, and other exposures. The scheme has a moderate risk rating and is ideal for those looking for a minimum investment horizon of 6 months. 

Category: Floater Fund 

Scheme Type: Debt

NAV 10.4440 as on 08/07/2022

Monthly Avg AUM: INR 826.79 Crores 

Month-end AUM: INR 785.03 Crores 

Inception Date: 18th February 2021 

Fund Manager: Mr Suyash Choudhary (w.e.f. 28th July 2021), Mr Arvind Subramanian (w.e.f. 18th February 2021)

Benchmark: Nifty Low Duration Debt Index

SIP (Minimum Amount): INR 1,000/- and in multiples of INR 1 after that (minimum 6 instalments) 

SIP Frequency: Monthly

Minimum Investment Amount: Fresh Purchase of INR 5,000/- and any amount after that

1-year Annualized Returns 3-year Annualized Returns 5-year Annualized Returns
2.77% NA NA

Frequently Asked Questions

To know the right amount to invest in any mutual fund, one needs to understand the risk involved and the tenure of the investment and fix the amount they are most comfortable with based on their financial goals.

The minimum amount for each IDFC mutual fund depends on your selected option. However, the lowest amount you can choose for an IDFC mutual fund SIP is INR 100, while it is INR 5000 for a lump sum investment.

Yes, you can easily increase the SIP amount at any time. To do so, simply follow the process below:

  • Go to the SIP section and select the SIP that you want to increase/revise the amount for
  • Once you have selected the SIP of your choice, choose the EDIT SIP option
  • Update the SIP amount, frequency, or instalment date as per your preference
  • Once you have updated the details, you will receive a notification about the revisions to your SIP

With 5Paisa, you can easily invest in IDFC Mutual Fund and other investment options at ZERO commission. In addition, investing with 5Paisa is safe and enables you to the benefits such as:

  • Professional Management 
  • Simple SIP or lump sum investment process 
  • Liquidity Transparency 
  • You can invest in mutual funds by starting a SIP as low as INR 500 or with  
  • Flexibility to choose from a wide range of options

You don’t necessarily have to open a DEMAT account to buy Mutual Funds. With 5Paisa’s Apps – Invest App & 5paisa Mobile Trading App, you can easily invest in mutual funds. You can download 5paisa Invest App & Open an MF Account.

Yes, you can stop any SIP online at any time. All you need to do is place a Cancel SIP request. To stop or cancel the SIP, you can do so from the IDFC website or simply do it via the 5Paisa account by following the steps below:

  • Go to Mutual Fund order Book
  • Click on the SIP section
  • Click on the IDFC scheme that you wish to stop
  • Click on the Stop SIP button

That’s it! Your SIP will be stopped, and you can restart the SIP at any time. 

With IDFC AMC, investors can consider multiple financial assets via diverse offerings and products such as:

  • Equity
  • Fixed-income Assets
  • Liquid Alternatives
  • Portfolio Management Services (PMS)
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