About IDFC Bond Fund Income Plan Direct-Dividend Periodic Dividend
IDFC Bond Fund Income Plan Direct-Dividend Periodic Dividend is a Debt mutual fund scheme from IDFC Mutual Fund. This scheme was launched on 15 Sep 2014 and is currently managed by its fund manager Suyash Choudhary. It has an AUM of ₹668.74 Crores and the latest NAV decalared is ₹15.922 as on 18 Oct 2019 at 9:25 pm.
IDFC Bond Fund Income Plan Direct-Dividend Periodic Dividend scheme return performance in last 1 year is 14.35%, in last 3 years is 25.76% and 40.35% since scheme launch. The min. SIP amount to invest in this scheme is ₹1000.
Debt: Medium to Long Duration
15 Sep 2014
The scheme seeks to invest in a diversified set of debt and money market securities with the aim of generating optimal returns over long term such that the Macaulay duration of the portfolio is greater than 7 years.