IDFC Mutual Fund – Review, Fund managers, Investment Process, KYC, Fees & more
One of the leading AMC’s is IDFC Mutual Fund AMC. The company has a strong network of both corporate and retail investors.
Back in 2000, the fund was established. In terms of assets under management, the fund house is one of the largest mutual fund houses.
The fund was set along with the sponsorship of the government of India.
Government of India, Government of Singapore, AIG, the International Finance Corporation and JP Morgan, Citigroup, Morgan Stanley, and Goldman Sachs holds the majority of its shares.
About IDFC Mutual Fund
In India’s domestic market, the mutual fund is one of the largest mutual fund houses. It is one of the five largest players in the sector when it comes to the asset under management.
Over most parts of the country, the company has grown successful. Across both central and eastern parts of the country, the company has a plethora of headquarters.
Here economic growth is not only high but also has more excellent investment options.
No doubt, IDFC mutual fund is a newcomer in the market, but the company seems to take the market by a storm.
The company has bagged a plethora of awards and recognitions from different mutual bodies. Also, industry leaders in Media and management give recognition to IDFC mutual fund.
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Overview of IDFC AMC
IDFC AMC trustee company private limited manages the fund and has at least 250 mutual funds in the market now.
The mutual funds are spread over different segments in the market, including gilt funds and children’s funds. Back in 2000, the Reserve bank of India transferred its share to IDFC financial holding.
IDFC’s asset management company tends to keep up with banking norms. Additionally, IDFC Ltd. is one of the most significant shareholders in the Mutual fund’s company and Assets Management Company.
IDFC Ltd. is the parent company of the mutual fund. The central government established it with an aim to track the growth of private sectors fast. IDFC Ltd. also works at IDFC bank.
The company specializes in principal restructuring, brokerage, financing, assets, project financing, etc. Its asset management company’s operation like:
- IDFC alternatives ltd through investments. They specialize in both personal and project equity tools.
- The company manages public market asset.
Deutsche bank limited is the custodian of IDFC MF. The mutual funds include both NAVs and AUMs.
Everyone, including the first time investors, experienced corporate and retail investors, can invest in this mutual fund.
How to invest in IDFC Mutual Fund?
You can follow these steps to invest in IDFC mutual fund:
- You need to login into your current account before moving ahead.
- Then on the website, choose the option to upload an identity proof copy. Whatever comes under the government of India, like the PAN card, Voter ID, passport, etc., you can upload.
- Upload your address verification documents and ensure it mentions your permanent address.
- As per your preference, after submitting the documents, please select the fund.
- As per your medium term, short term, or long term goals, you can measure your risk.
- From the available funds, you can invest in any fund.
- Select any suitable fund then which meets your criteria.
- You have two options; invest one time only if you have a lump sum or you can choose any. Even the SIP option is available for you.
- Your investment starts just in a few clicks.
Why invest in IDFC AMC?
- The best part about investing in IDFC mutual fund is that you can get tax exemptions up to Rs.1.5 lakhs under section 80 C of the income tax. Besides that, you can get fixed returns also.
- By investing in ELSS, you can get the tax advantage.
- Additionally, when you invest in the AMC, you can get transparent online transactions. Also, you can switch and redeem the funds.
- By investing in the IDFC mutual funds, you can minimize the risk of typical funds.
- Here you can connect with experienced portfolio managers who will help you in meeting all your financial goals. These advisors will stop you from making any errors.
- The mutual funds will minimize predictable price fluctuations; hence you can get fixed returns on your investment.
- With regards to the investment, you can expect complete transparency.
IDFC Fund Managers
Check out all information about IDFC Fund Managers –
Mr. Vinod Rai
He is the CAG of India. Currently, Mr. Rai is the non -executive independent chairman of the IDFC mutual fund. Previously he has worked as the directors of IDFC, IDBI, and ICICI bank.
Above all, Mr. Vinod Rai has an exceptional traceable record in both the private and public sectors. To a very dynamic company, he adds a hint of stability for sure.
You can say Mr. Rai has extensive experience in the finance niche, especially in the banking sector.
Ms. Anita Ramachandran
Currently, Ms. Ramachandran is working as one of the independent directors of IDFC mutual funds. In India, she is one of the most influential human resources.
She is also a fantastic speaker and author. Additionally, she holds a lot of experience in compensation and rewards management. In the past, she has been a Dorab Tata Scholar.
Mr. Sunil Kakar
Currently, Mr. Kakar is an associate director at IDBI mutual funds. He started his career at Bank Of America.
Additionally, he is one of the few members who took part in establishing Max New York of India. He joined the IDFC family as a senior member of the company.
How to do a KYC check of the IDFC Mutual Fund?
In simple terms, you can say IDFC mutual fund is a time customer identification process. If you are an investor who wishes to invest in this fund, then you need to know that it is compulsory.
Investors can’t ignore it because SEBI doesn’t allow you to do so. It is because the process prevents all the fraudulent activities in the mutual fund niche.
So, if you are investing in mutual funds for the first time, then you need to get a KYC done indeed. You can quickly complete the process by visiting the fund house or any agency in your vicinity.
Even if you don’t plan to go physically, you don’t need to stress as you can always visit the website.
Enter your mobile linked Aadhar number, get an OTP, enter the same, and you can complete the process.
Don’t forget to upload your Identity and address proof. Additionally, you also need to self-attest those proofs before attesting.
Documents required for IDFC Mutual Fund
There are two types of documents you need to invest in here: namely Identity and address proof.
Under identity proof, you need to submit your Passport, Driving License, Aadhaar Card, and PAN Card.
On the other hand, under address proof, you need to submit your Passport, Recent Utility Bill, Rental/Lease Agreement, Aadhar Card, and Driving License.
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IDFC Mutual Fund Fees or Charges
|Fund||Minimum Investment (Rs)||Entry Load (in % p.a.)||Exit Load (in % p.a.)||Fund Manager|
|IDFC All Seasons Bond Fund – Growth – Direct Plan||5000||N.A||1||Harshal Joshi|
|IDFC Arbitrage Fund – Growth – Direct Plan||100||N.A||0.25||Yogik Pitti|
|IDFC Asset Allocation Fund of Fund – Aggressive Plan – Growth – Direct Plan||5000||N.A||1.5||Arpit Kapoor|
|IDFC Asset Allocation Fund of Fund – Conservative Plan – Growth – Direct Plan||5000||N.A||1.5||Arpit Kapoor|
|IDFC Asset Allocation Fund of Fund – Moderate Plan – Growth – Direct Plan||5000||N.A||1.5||Arpit Kapoor|
|IDFC Banking & PSU Debt Fund – Growth – Direct Plan||5000||N.A||0.15||Anurag Mittal|
|IDFC Bond Fund – Income Plan – Growth – Direct Plan||5000||N.A||1||Suyash Choudhary|
|IDFC Bond Fund – Medium Term Plan – Growth – Direct Plan||5000||N.A||1||Suyash Choudhary|
|IDFC Bond Fund – Short Term Plan – Growth – Direct Plan||5000||N.A||0.5||Suyash Choudhary|
|IDFC Cash Fund – Growth – Direct Plan||100||N.A||0.007||Anurag Mittal|
Details of IDFC Mutual Fund Fees
There are several types of funds available here. You can choose any as per your preference. But one thing that doesn’t change is the minimum investment amount of Rs.5000 for almost all the funds.
The exceptional cases here are IDFC Arbitrage Fund – Growth – Direct Plan and IDFC Cash Fund – Growth – Direct Plan having minimum investment value of Rs.100.
Though we don’t have any information about entry load, but minimum exit load is 0.007%, and the maximum exit load is 1.5%.
Best performing IDFC Mutual Fund
|Fund Name||Category||Risk||1Y Returns||Fund Size (in Cr)|
|IDFC Government Securities Fund – Constant Maturity Fund||Debt||Moderate||13.20%||Rs. 344|
|IDFC Dynamic Bond Fund||Debt||Moderate||13.60%||Rs. 2,978|
|IDFC Nifty Fund||Others||Moderately High||12.50%||Rs. 241|
|IDFC Banking & PSU Fund||Debt||Moderate||11.20%||Rs. 20,666|
|IDFC All Seasons Bond Fund – Regular Plan||DEBT||Moderately Low||10.80%||Rs. 151|
|IDFC Bond Fund – Medium Term Fund||Debt||Moderate||11.40%||Rs. 4,128|
|IDFC Bond Fund – Short Term Fund||Debt||Moderately Low||10.10%||Rs. 13,668|
|IDFC Corporate Bond Fund||Debt||Moderate||11.80%||Rs. 22,668|
|IDFC Dynamic Equity Fund||Hybrid||Moderately High||13.60%||Rs. 1,200|
If you are an investor who wishes to earn a high return rate no matter how high the risk is, then the IDFC Government Securities Fund Investment Plan is for you. It offers a return of 14.20% per annum.
IDFC Bond Fund – Short Term Fund is perfect for investors who are willing to take minimum risk. Investors can earn a return of 10.10% per annum with this fund.
Well, investors who are okay with a little more trouble than the previous fund then they can invest in IDFC Nifty Fund. Investors will earn a 12.5% return per annum by investing in this fund.
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Top 10 IDFC AMC
|3-Year Return||5-Year Return|
|IDFC All Seasons Bond Fund – Growth – Direct Plan||10.45||29.26||49.67|
|IDFC Arbitrage Fund – Growth – Direct Plan||3.68||17.03||31.34|
|IDFC Asset Allocation Fund of Fund – Aggressive Plan – Growth – Direct Plan||9.19||10.69||43.95|
|IDFC Asset Allocation Fund of Fund – Conservative Plan – Growth – Direct Plan||7.09||19.29||43.83|
|IDFC Asset Allocation Fund of Fund – Moderate Plan – Growth – Direct Plan||7.69||15.74||44.19|
|IDFC Banking & PSU Debt Fund – Growth – Direct Plan||10.84||32.26||50.89|
|IDFC Bond Fund – Income Plan – Growth – Direct Plan||11.79||30.54||52.84|
|IDFC Bond Fund – Medium Term Plan – Growth – Direct Plan||10.83||28.16||48.63|
|IDFC Bond Fund – Short Term Plan – Growth – Direct Plan||9.59||28.01||47.76|
|IDFC Cash Fund – Growth – Direct Plan||4.09||18.83||36.35|
There is nothing surprising to know that you can earn better returns when you invest in the long term.
If your investment horizon is long, then IDFC Bond Fund – Income Plan – Growth – Direct Plan is your best bet. It is because it offers a 52.84% return on investment for five years.
IDFC Bond Fund – Income Plan – Growth – Direct Plan is your best bet if you are planning to invest only for one year. Here you can earn an 11.79% return per annum.
For midterm investors having an investment horizon of 3 years can invest in IDFC Banking & PSU Debt Fund – Growth – Direct Plan.
IDFC Mutual Fund Scheme NAV
|Fund||52 Week High (Rs.)||52 Week Low (Rs.)|
|IDFC All Seasons Bond Fund – Growth – Direct Plan||35.32||31.63|
|IDFC Arbitrage Fund – Growth – Direct Plan||26.48||25.33|
|IDFC Asset Allocation Fund of Fund – Aggressive Plan – Growth – Direct Plan||27.02||17.88|
|IDFC Asset Allocation Fund of Fund – Conservative Plan – Growth – Direct Plan||24.96||21.24|
|IDFC Asset Allocation Fund of Fund – Moderate Plan – Growth – Direct Plan||26.39||20.36|
|IDFC Banking & PSU Debt Fund – Growth – Direct Plan||19.43||17.32|
|IDFC Banking & PSU Debt Fund – Growth – Direct Plan||19.43||17.32|
|IDFC Bond Fund – Income Plan – Growth – Direct Plan||56.97||50.46|
|IDFC Bond Fund – Medium Term Plan – Growth – Direct Plan||38.83||34.86|
|IDFC Bond Fund – Short Term Plan – Growth – Direct Plan||46.64||42.12|
If you are looking for high returns, then you can invest in IDFC Bond Fund – Medium Term Plan-Growth – Direct Plan. Here you can earn returns from 38.83 to 34.86 in both 52 and 54 weeks plan.
IDFC Asset Allocation Fund of Fund – Moderate Plan-Growth – Direct Plan is ideal for moderate investors.
For aggressive investors, IDFC Asset Allocation Fund of Fund – Aggressive Plan-Growth – Direct Plan is perfect.
Best IDFC AMC Funds
|Fund||Market Value (in Cr.)||Net Assst (in Cr.)||Rating|
|IDFC Arbitrage Fund – Growth – Direct Plan||2140.03||129601.9||AAA|
|IDFC Bond Fund – Income Plan – Growth – Direct Plan||26173.35||293036.3||AAA|
|IDFC Bond Fund – Medium Term Plan – Growth – Direct Plan||10967.77||74435.44||AAA|
|IDFC Bond Fund – Short Term Plan – Growth – Direct Plan||36886.52||263697.87||AAA|
|IDFC Cash Fund – Growth – Direct Plan||14037.18||567599.4||AAA|
|IDFC Core Equity Fund – Growth – Direct Plan||100||20582.12||AAA|
|IDFC Dynamic Bond Fund – Growth – Direct Plan||8615.04||117249||AAA|
|IDFC Equity Savings Fund – Growth – Direct Plan||3024.88||25351.51||AAA|
|IDFC Large Cap Fund – Growth – Direct Plan||1658.07||63678.86||AAA|
|IDFC Low Duration Fund – Growth – Direct Plan||15589.34||523132.17||AAA|
If you are looking for high market value, then IDFC Bond Fund – Short Term Plan-Growth – Direct Plan is perfect for you. 36886.52 is the market value of the fund.
For short term duration, you can choose the IDFC Low Duration Fund – Growth – Direct Plan. It has a market value of 15589.34 cr.
For investors who are looking for debt plans, then IDFC Banking & PSU Debt Fund – Growth – Direct Plan is ideal for you.
IDFC Customer Care details
|Address of AMC||OneIndiaBulls Centre, 841, Jupiter Mills Compound, Senapati Bapat Marg, Elphinstone Road (West), Mumbai – 400 013|
The address of AMC is One India Bulls Centre, 841, Jupiter Mills Compound, Senapati Bapat Marg, Elphinstone Road (West), Mumbai – 400 013. You can visit here if you need any more details.
The phone number of AMC is 022-66289999 you can call if you need details. Also, the fax number of the AMC is 022-24215052.
IDFC – Important Links
|IDFC Mutual Fund Login||https://idfcmf.com/|
|IDFC Mutual Fund App||NA|
IDFC Mutual Fund AMC – Conclusion
In the spectrum of private-sector financial institutions, IDFC mutual fund is quite prominent.
The company has a strong team of professionals who help investors in earning great returns over a period of time.
Over the course of time, the fund has managed to make an optimal image in the industry. Well, the company is also an expert in reading the trends of the market.
When it comes to investing here, you can do it without any stress. There are a plethora of funds available here, so you can choose any which meets your financial goals.
The process of investing is also easy. All you need is some mandatory documents, and you can start investing.
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