About IDFC Bond Fund Income Plan Direct-Dividend Quarterly
IDFC Bond Fund Income Plan Direct-Dividend Quarterly is a Debt mutual fund scheme from IDFC Mutual Fund. This scheme was launched on 01 Jan 2013 and is currently managed by its fund manager Suyash Choudhary. It has an AUM of ₹679.72 Crores and the latest NAV decalared is ₹12.406 as on 20 Nov 2019 at 9:00 pm.
IDFC Bond Fund Income Plan Direct-Dividend Quarterly scheme return performance in last 1 year is 13.67%, in last 3 years is 23.77% and 79.33% since scheme launch. The min. SIP amount to invest in this scheme is ₹1000.
Debt: Medium to Long Duration
01 Jan 2013
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.