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Ahmedabad B Wing, 3rd Floor, Chandan House Opp Gruh Finance, Mithakhali Six Roads, Law Garden, Tel.:079-26460923/925
Ahmedabad 380006.
Bhopal Plot No. 49, First Floor, Above Tata Capital Limited, M P Nagar, Zone II, Bhopal [M.P.] - 462011.
Bhilai 26, Commercial Complex, Nehru Nagar (East), Bhilai, Chhattisgarh, Pin - 490020. Mobile No. 8871144134.
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Kanpur Office No. 214-215, IInd Floor, KAN Chambers, 14/113, Civil Lines, Kanpur - 208 001. Tel.: +91-512-2331071,
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Varanasi IDFC Asset Management Co. Ltd. 3rd Floor, Premise No. D-64/127, CH, Arihant Complex, Sigra Varanasi - 221010
(U.P). Phone No. 05422226527
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Pitampura,
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IDFC AMC LTD., Shop No. 01 and 02, Ground Floor, Pearls Best Heights-II, Plot No. C-9, Pitampura, Delhi,
Contact Details - 011-47311347
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2531048 / 0674 2531148.
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9207410763, 9207410764, 9207410765, 9207410766.
Jamshedpur IDFC Mutual Fund, Room No.111, 1st Floor, Yashkamal Complex, Main Road, Bistupur, Jamshedpur-831001, Ph No.
0657-2230112/111/222, Mobile No. : 9431102883.
Kolkata Oswal Chambers, 1st Floor, 2 Church Lane, Kolkata - 700 001. Tel.: +91-33-40171000/ 1005.
Patna 406, Ashiana Hariniwas, New Dakbanglow Road, Patna - 800 001. Tel.: +91-612-6510353.
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Te.: 0651-221259/92.
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- 2. 2
- 3. 3 Index Equity/Index/ETF Funds Commentary - Equity Outlook 8 Commentary - Debt Outlook 15 IDFC Large Cap Fund 17 IDFC Core Equity Fund 18 IDFC Flexi Cap Fund 19 IDFC Tax Advantage (ELSS) Fund 20 IDFC Focused Equity Fund 21 IDFC Sterling Value Fund 22 IDFC Emerging Businesses Fund 23 IDFC Infrastructure Fund 24 IDFC Nifty Fund 25 IDFC Sensex ETF 26 IDFC Nifty ETF 27 Hybrid/Fund of Funds IDFC Arbitrage Fund 28 IDFC Equity Savings Fund 29 IDFC Dynamic Equity Fund 30 IDFC Hybrid Equity Fund 31 IDFC Regular Savings Fund 32 IDFC Asset Allocation Fund of Funds 33 IDFC All Seasons Bond Fund 35 Debt Funds IDFC Overnight Fund 37 IDFC Cash Fund 38 IDFC Ultra Short Term Fund 39 IDFC Low Duration Fund 40 IDFC Money Manager Fund 41 IDFC Banking & PSU Debt Fund 42 IDFC Corporate Bond Fund 43 IDFC Bond Fund – Short Term Plan 44 IDFC Bond Fund – Medium Term Plan 45 IDFC Floating Rate Fund 46 IDFC Credit Risk Fund 47 IDFC Bond Fund – Income Plan 48 IDFC Dynamic Bond Fund 49 IDFC Government Securities Fund – Constant Maturity Plan 50 IDFC Government Securities Fund – Investment Plan 51 Performance Table 52 SIP Performance 55 Dividend History 59 Fund Manager Details 63 Investment Objective 63
- 8. 8 Commentary - Equity Outlook GLOBAL MARKETS Global equities continued to trade higher and exhibited unusually broad momentum, delivering 12-month highs on several equities benchmarks up until the middle of the month. The last two weeks, however, saw broad deleveraging across equities and global asset classes. Equities saw a global sell-off in risky assets amidst a sharp rise in US bond yields. Investors weighed a rise in bond yields on worries about potential inflation with oil prices at a 12-month high and copper prices near a decade-high. Global growth outlook has been revised higher with economic output expected to grow at 5-6% this year, making it the fastest pace since the mid-80s. The ongoing bond bear market is unlikely to derail global equities as yet. Source: Bloomberg By the standards of a post-recession expansion cycle, neither the direction nor the magnitude of yield increase appears odd. The underlying drivers behind the bond yields' move matter more than their levels. Study of US bond yield cycles depicts stocks-bonds correlation over shorter and longer timeframes. In fact, in the last decade, whenever bond yields spiked by 50bps or more in a short period of time, equities performed well. Generally, equity prices and P/E multiples have been positively linked to bond yields. FOMC officials - Recovery far from central bank’s goals: Minutes from the Federal Reserve's January policy meeting indicate that the FOMC officials see the economy “far from” the central bank’s goals. The meeting summary indicates it will likely “take some time for substantial further progress to be achieved”, highlighting that the policy is unlikely to change soon. Fed Chair Powell adds that the discussion on tapering is “premature”; indicates that “substantial further progress” towards the FOMC’s goals of labour market recovery and inflation of at least 2% is required for changing the asset purchase guidance. Covid & Vaccines: The progress on vaccination is being watched by markets for demand cues. The US seems to be on track to achieve near herd immunity by mid-year and could be a turning point for global markets. Israel has vaccinated 82% of its population with 33% of its population receiving both doses. However, we don’t yet see a sharp improvement in Google mobility for retail and recreation in Israel which is even weaker than India’s. Outperformance in Covid containment leading to marginal hospitalization rate and death rate has probably lowered risk perception on the street in India and hence driving retail participation. Daily new Covid-19 confirmed cases averaged ~12.5k in Feb vs. ~15k in Jan and ~25k in Dec. Although daily tests at 709k/day in Feb were lower vs. Jan (774k/day), the positive rate increased marginally to 2.0% in end-Feb vs. 1.9% in end-Jan. India has administered only 14mn vaccines until 26 Feb. The current rate is way below the intended pace of vaccination expected. The second phase starting 01 Mar will cover bulk of the 300mn targeted to be vaccinated by Jul-Aug-21. In a bid to expand the Covid-19 vaccination drive amid fears of a second wave in some states, the Union Cabinet will allow anyone above the age of 60 or above 45 and with comorbidities to sign up to receive the Covid vaccines at government as well as private hospitals from 1 Mar’21.
- 9. 9 Source: Bloomberg Source: Bloomberg Domestic Markets After lagging behind significantly in Jan, MSCI India (USD) rose 5.1% in Feb and significantly outperformed peers MSCI AC Asia Pacific ex Japan (+3.8%) and MSCI EM (+4.4%) on post-budget euphoria. Mid-caps and small-caps outperformed large caps by ~4%/5%, respectively, in Feb. Capital Flows: FPIs recorded net inflows of USD4.1bn into Indian equities in Feb and remained net sellers in the debt markets with net outflows of USD868mn. DIIs remained net equity sellers at USD2.2bn in Feb, while insurance funds bought USD206mn of equities in Feb. Bond Markets and Currency: Benchmark 10-year treasury yields averaged at 6.09% in Feb (19bps higher vs. Jan avg.). On month end values, the 10Y yield was up 33bps to end the month at 6.23%. US 10Y yield is at 1.40% (+34bps MoM, +26bps YoY). INR lost 0.7% and ended the month at 73.47 per USD in Feb. In the last 12 months, INR (-1.8%) has outperformed the broader EM FX (-2.6%). DXY gained +0.3% in Feb (vs. +0.7% in Jan) and ended the month at 90.88 (-7.4% in the last 12 months). India’s FX reserves are close to their all-time peak at USD584bn as of 19 Feb. FX reserves have decreased by USD1.5bn in the last 4 weeks. While, fiscal deficit for Apr-Jan was Rs12.3tn or 67% of the budgeted FY21 deficit (Rs.18.5tn). This compares to 106% reached during the same time frame in FY20.
- 10. 10 Source: Bloomberg Source: Bloomberg RBI policy: The RBI kept policy rates on hold, reiterated its accommodative stance, indicated a phased withdrawal of last year’s reserve requirement cut, but simultaneously pledged to keep liquidity conditions accommodative to ensure the government’s larger-than-expected borrowing program goes through non- disruptively – all of which was expected. Q3 FY21 Earnings Season Corporate India’s Q3FY21 performance is noteworthy with more surprises than disappointments. Earnings continue to beat estimates with almost 3 upgrades for every 1 downgrade in BSE200, highest in several quarters. The earnings momentum accelerated further in 3QFY21, aided by pickup in sales growth. Aggregate sales growth of domestically-oriented companies has turned positive after five consecutive quarters of contraction, and points to a recovering domestic demand. BSE 200 saw second quarter of upward revision, whereas the mid-cap index has seen 3 consecutive quartersofupwardrevisioninEPSestimates. Adjusted PAT for the BSE All Cap (~840 stocks) grew a handsome 33% YoY in 3QFY21whichisthehighestinnearly4years, after similar strength in 2Q. Close to 70% of this was on account of Materials/Energy – benefitting from ongoing commodity inflation (including oil inventory gains). Ex-Metals, growth stands at 24% YoY. Metals, Oil, Auto, IT and Pharma sectors are keycontributorstotheearningsgrowth,while BFSI, Engineering and Media disappointed. Consensus estimates continue to be upgraded and are now implying aggregate PAT growth of ~30-35% YoY in FY22.
- 11. 11 Sectoral Impact Metals, PSU Banks and Industrials outperformed while Healthcare, Staples and IT were notable laggards in Feb. Sectoral Performance as on February 26, 2021 The Macro Picture PMI: Composite PMI increased by 0.9pt MoM to 55.8 in Jan after a 1.4pt MoM decline in Dec. Helped by stronger demand conditions, Services PMI rose to 52.8 in Jan from 52.3 in Dec, while Manufacturing PMI inched up to 57.7 in Jan from 56.4 in Dec. The forward-looking demand indicators remained constructive with composite new orders remaining strong at 55.9, increasing 1.0pt MoM. Source: Bloomberg
- 12. 12 Inflation: Jan CPI inflation came in at 4.1%, softening further from 4.6% in Dec. Food prices led the downside surprise, dropping 1% MoM on the back of last month’s 1.5% fall. Vegetable prices continued to mean-revert, plunging 11.5% MoM in Jan after a 9% fall in Dec. Most other food prices, including pulses, came in soft as expected, except oilseeds, which reflected rising global prices. As a result, food inflation softened to 2.7% YoY in Jan from 3.9% in Dec. Core prices (core inflation ex. gasoline and diesel) increased 0.5% MoM in Jan after a 0.3% rise in Dec, likely reflecting a combination of pent-up demand and input cost pressures. Import Export: India's exports up 6.16% in Jan; trade deficit narrows USD14.54bn, following healthy growth in pharma and engineering sectors. Similarly, imports dropped by about 26% to USD300.26bn during April-Jan this fiscal. GDP at 96% of its 1QFY20 pre-pandemic levels: India's GDP grew 0.4% in Q3 of FY21, underpinned by weak service sector growth. Few key highlights were (i) trade, hotels, transport, and communication services continued to contract, much more than some of the formal sector indicators had suggested, indicating continued weakness in the informal sector; and (ii) government consumption continued to contract, despite a material pickup in central government spending, suggesting contractions in state government spending offset the central government impulse. Sequential growth was strong at 25% QoQ, taking GDP to 96% of its 1QFY20 pre-pandemic level. Economic growth revised upwards: Global forecasting firm Oxford Economics revised India's economic growth projection for 2021 to 10.2% from the earlier 8.8%, citing receding Covid-19 risks and the shift in the monetary policy outlook. GST collections: GST collections in Feb’21 stood at INR 1.13trn (7.4% YoY), crossing the Rs1trn mark for the 5th consecutive month. The govt. has credited this to economic recovery and the various measures taken by tax administration to improve compliance. The upcoming GST Council meeting in Mar’21 will likely take up rationalizing tax rates and mergers of multiple slabs, to bring them close to being revenue-neutral and make the indirect tax regime simpler (The 15th Finance Commission has recommended merging the 12% and 18% tax rates). As part of efforts to bring parity in taxation on Agri-inputs, the Department of Chemical and Petrochemicals has approached the Finance Ministry for reducing GST on pesticides from 18% to 5%. Prime Minister Narendra Modi expressed government’s commitment to bring natural gas under the GST regime to make prices cheaper and uniform across the country. He also informed that the govt. was spending Rs7.5trn over 5 years to build oil and gas infrastructure. Renewed interest in bringing petroleum products under the ambit of GST, something that has invited resistance from states in the past since VAT from these forms ~25-30% of states’ own tax revenue. Source: Bloomberg Commodities: The run-up in international commodity prices is on expectations of stimulus-led demand coming ahead of supply normalization. Brent gained a whopping17.5%MoMinFebtoendthemonth at USD64.4/bbl. It made the 1-year peak at USD67/bbl, as the market looks ahead toward an accelerated decline in record inventories. On the supply side, OPEC+ discipline and Saudi Arabia’s decision to reduce output by 1mbd through March were further amplified over the last week when US crude production fell 3.2mbd amid an unprecedentedpolarblast.Fromthedemand perspective, the winter of 2021 stands out as one of the coldest in decades, upending energy markets and sending prices for electricity, fuel and vessels to record highs. IPO, M&A and PE investments: M&A deal activity in 2020 jumps 33% to USD36.9bn. While, PE/ VC investments in Jan’21 reported a 35% drop YoY to USD1.6bn from USD2.5bn. The number of deals reported also remained flat at 80, according to EY-IVCA data. SEBI eased the listing norms for large companies, apparently paving the way for the much-awaited mega float of Life Insurance Corporation (LIC). The regulator said large companies can now divest a minimum 5% in the IPO, instead of 10%. Further, they will get five years, instead of three, to raise the public float to 25%.
- 13. 13 Thrust on Atma-Nirbhar Bharat through production-linked incentive (PLI) schemes PLI scheme for Telecom: The government approved a Rs121.95bn PLI scheme for Telecom gear manufacturing in India, a move that will position the nation as a global powerhouse for production of such equipment ahead of 5G roll-outs. There will be a minimum investment threshold of Rs100mn for MSMEs with incentives from 7% to 4% over five years and Rs1bn for others with incentives from 6% to 4% over five years above base year (FY2020). The government expects around Rs2.4tn of incremental production (with Rs2tn in exports) and investment of more than Rs30 bn. PLI scheme for IT hardware: The Union Cabinet approved the PLI scheme for IT hardware (laptops, tablets, all-in-one PCs and servers) with an outlay of Rs73.5bn. The aim is to enhance the development of the electronics ecosystem in India. The scheme is likely to benefit five major global players and 10 domestic champions. The scheme shall extend an incentive of 4% to 2% / 1% on net incremental sales (over FY2020) of goods manufactured in India and covered under the target segment, to eligible companies, for a period of four years. The government expects domestic value addition to increase to 20-25% by FY20225 and employment generation potential of over 180,000. PLI scheme for Pharmaceuticals: The Union Cabinet approved the PLI scheme for pharmaceuticals with an outlay of Rs150bn. The aim is to increase production and export of (1) biopharmaceuticals; complex generic drugs; patented drugs or drugs nearing patent expiry; cell based or gene therapy drugs; orphan drugs; special empty capsules; complex excipients; phytopharmaceuticals, (2) KSMs/DIs/APIs, and (3) repurposed drugs; auto immune drugs, anti-cancer drugs, anti-diabetic drugs, anti-infective drugs, cardiovascular drugs, psychotropic drugs and anti-retroviral drugs; in vitro diagnostic devices; other drugs as approved; other drugs not manufactured in India. The scheme will be available for three categories of companies having global revenue (1) greater than Rs50 bn (incentive of Rs110 bn), (2) between Rs5 bn and Rs50 bn (incentive of Rs22.5 bn), and (3) less than Rs5 bn (incentive of Rs17.5 bn). Between FY2023 and FY2028, the government expects total incremental sales of Rs2.94tn and total incremental exports of Rs1.96tn along with 20,000 direct jobs and 80,000 indirect jobs. Other Government policy updates Monetization policy: PM Modi has said that about 100 under-utilized or unutilized assets with PSUs will be monetized to create Rs2.5trn of investment opportunities. India's government has shortlisted four mid-sized state-run banks for privatization (Bank of Maharashtra, Bank of India, Indian Overseas Bank and the Central Bank of India), under a new push to sell state assets and shore up government revenues. Two of these banks will be selected for sale in FY22. RBI has set up an expert committee on urban co-operative banks (UCBs) to provide a road map for strengthening the sector and also evaluate the prospects for consolidating the sector. Finance Ministry directed departments and ministries to surrender savings anticipated in the Grants for FY21 by 20 Mar’21. Ministry of Agriculture has informed that India's food grain production is estimated to rise by 2% in 2020-21 crop year to an all-time high of 303.3MT due to better output of rice, wheat, pulses and coarse cereals. Other Key snippets: State Budgets: Some state governments have given preference to the agriculture sector in their Budgets for FY22 amid the ongoing farmers' protest against the Centre's three farm laws- i) Rajasthan: has announced a separate budget on agriculture from next year onwards, along with provision of interest- free crop loans worth Rs160bn to the farmers, ii) UP: has proposed Rs1bn for the Aatmanirbhar Krishak Samanvit Vikas Yojana and Rs6bn for the Mukhyamantri Krishak Durghatna Kalyan Yojana, iii) Bihar: has earmarked Rs5.5bn for the Har Khet Ko Pani scheme. The Election Commission has announced the schedule for upcoming Assembly elections- West Bengal will go to polls in eight phases, Assam will see three-phase voting starting 27 Mar’21. Assembly elections in Tamil Nadu, Kerala and Puducherry will be held in a single phase on 6 Apr’21. (Source: Indian Express) Increase in the fuel prices throughout the country with petrol prices crossing the Rs100 mark in MP and Rajasthan.
- 14. 14 Key Sectoral Trends: Banking & Finance: Key trends observed in the credit card data put out by the RBI for Dec-20 are: i) net card additions were much lower, ii) monthly spends/card increased 2% MoM in Dec-20, after the decline in Nov-20, and iii) total industry spends were 4% lower YoY in Dec-20. Capital Goods: Capital Goods companies sailed through last-mile hiccups in productivity and supply chain in 3Q, and are targeting strong growth in execution for 4QFY21, led by normalcy in operations and acceleration in government & private spending. Valuation re-rating continues, in line with growing optimism across quality plays. Telecom: We look at a few interesting data points from the recently-released Nokia MBiT Index Report - 2021. At 311PB/day in Dec-20, 4G constituted 99% of data traffic across network. Per-capita usage is up, while subscriber adds have slowed down. Strong rural and class C circle data traffic growth (traditional stronghold of Jio) and Jio’s slowdown in data traffic growth suggests that Bharti is probably making inroads here. Infrastructure: Road contractors reported healthy improvement in revenues and profitability during 3QFY21, as project execution normalized to pre-Covid19 days. The outlook remains strong, with all companies boasting of good order books and strong award pipelines. Pharma: The sector results were a mixed bag, with one half of the sector beating consensus EBITDA estimates while other half missing expectations. Although growth recovered for most of the companies in the India formulations market, the US business listed weakness across the board, owing to lower sales of seasonal products and base-price erosion. Agriculture and Chemicals: In the chemical markets, the global recovery continues, with world chemical production up 1.8% MoM in Dec-2020. India’s chemical exports grew 2.6% YoY in Jan’21, while imports grew 16.0% YoY. Global crop futures were largely stable last month. In India, corn and soybean prices rose 3-7% MoM. FMCG: The FMCG industry in India has recorded a value growth of 7.3% in Oct-Dec’20 quarter helped by consumption-led recovery during the festive period and increase in sales from traditional as well as organized trade, according to data analytics firm Nielsen. Advertising spends across media platforms in India will grow by 23.5% in 2021 to Rs801.23bn in 2021 after a sharp 21.5% decline in the pandemic-hit 2020. The Indian IT industry revenues are set to grow by 2.3% to USD194bn in FY2020-21 and the exports will go up by 1.9% to USD150bn. Non-life insurance companies registered a 6.7% increase in their gross direct premium collection in Jan at Rs184.88bn Outlook From Indian equities point of view, the solid Dec quarter earnings was clearly a key highlight. Few, if any, would have been able to forecast, at the start of the current fiscal in April’20, that Dec ’20 quarter would deliver the highest ever quarterly profits for the BSE200 set of companies! Globally, however, the worries on inflation and the unsettling moves on the US 10-year yield gave a glimpse, a “trailer” of reality – valuations could compress; economic growth could get stunted, if bonds yields sustained and moved ahead. For the current economic recovery to sustain, containing bond yields, not through “yield curve management” but through moderating inflation expectation will be a key variable to track for the rest of the year. On this front, last week’s correction of crude oil and copper may be a sign in the right direction. If the recent surge in commodity prices can be “managed” then future inflation expectations will get moderated helping bond yields to calm down. Equity investors may be well advised to add declining bond yields, in their daily prayers!
- 15. 15 Commentary - Debt Outlook WHAT WENT BY Global bond markets continued to sell off amidst improved economic outlook, rise in commodity prices, and resultant higher inflation expectations. Globally, the increase in bond yields was led by the long end of the curve possibly suggesting markets being more fearful of the increased bond supply & inflation surge rather than premature tightening. The sell-off for Indian bonds started from the budget day with announced fiscal deficit and consequent government borrowing much higher than consensus expectations (Fiscal deficit for FY 21 at 9.5% and for FY 22 at 6.8%; market estimates 7% and 5.5% respectively) and continued with the rise in global bond yields amidst an intermittent central bank support. India, however, was a notable exception where the 10-year benchmark government bond continued to be an outperformer due to stronger central bank intervention although still ended 17bps higher at 6.23% at the month end. Points on the curve where RBI did not intervene as aggressively as the 10-year benchmark closed much higher with the rest of the curve repricing 35- 50bps higher. 3QFY21 real GDP grew 0.4% (Consensus: 0.6%) led by investment (GFCF) growth of 2.6%. Private consumption grew -2.4% (-11.3% in 2QFY21) while government expenditure grew (-)1.1% (-24% in 2QFY21). For full-year, the CSO revised down its GDP growth estimate to -8% YoY (from -7.7% earlier). On the supply side, GVA growth picked up to 1% YoY in Q4 vs -7.3% in Q3. Agricultural GVA growth rose at a faster pace (3.9% YoY in Q3 from 3% in Q2), aided by robust food grain production, while non-agricultural GVA growth rose 0.3% from -8.6%, led by a recovery in both the industrial and services sectors. January’21 CPI inflation fell to 4.06% (4.59% in December’20), below the Bloomberg consensus of 4.4% led by a sharp drop in vegetable prices; with core inflation holding steady. Food inflation slowed further from 3.9% in December’20 to 18-month low of 2.6% in January’21 compared to 8.1% average seen between April-Dec 2020. Core CPI inflation remained stable at 5.5% YoY in January’21. IIP growth rose to 1.0% YoY in December’20 vs -2.1% in November’20, above expectations (Consensus: -0.1%). Mining production fell 4.8% while manufacturing was up 1.6%. Consumer durables production grew 4.9%. Consumer non-durables and capital goods production increased 0.6% and 2%, respectively. The MPC minutes for February’21 policy suggested comfort amongst MPC members with the current accommodative stance. Members continue to highlight upside risks to inflation, but view downside risks to growth as being more significant and in need of continuing policy support. Comments by the RBI members on liquidity policy, suggest that RBI might continue to try to curb significant moves higher in long-term rates, and that the central bank is likely to replenish the durable liquidity reduction (~1.5tn INR) on cash-reserve ratio hikes in March’21 and May’21 this year by further bond purchases in coming months. RBI released the Report on Currency and Finance (RCF). The report assesses that the current inflation target band of 4% +/- 2% remains appropriate for the next five years. The report states that the MPC size and composition, decision-making process, communication practices and accountability mechanisms are in line with international best practices, while noting that some operational aspects of forward guidance, the release of MPC minutes and transcripts, and the onboarding process for MPC members may warrant an evaluation.
- 16. 16 Outlook The global reflation trade is completely logical in its direction of pricing. Some acceleration in the trend may also have been justifiable as the size of US fiscal response picked up. However, it is still likely that bulk of this adjustment may have run its course for now and the repricing now falls back to a more sustainable pace. There may even be givebacks from time to time as market adjusts to a most likely pace of change. There is also an element of longer term repricing here as for example to US inflation expectations and hence the neutral Fed funds rate. This will unlikely be called into question while we are in the current bout of reflation. The key test to these will come when the pent up phase is done and we have a “cleaner” set of data and drivers to work with. As for our local bond markets while our ongoing cyclical recovery and eventual improvement in perceived credit profile may argue for a gradual reduction in yield spreads over developed markets over time (as what happened in the pre-2008 period) which may reduce the impact of say US yield changes into ours, the near term correlations may nevertheless be strong enough. However, it is really the pace of change in bond yields that matters. When yield curves are this steep, one can no longer think only in terms of being “long or not”. Additionally, the traditional way of thinking about risk reduction through moving to short duration money market assets may not work in an environment where it is actually the overnight rate that needs to shoulder the bulk of the readjustment ahead and hence assets most closely priced off the overnight rate may be at the most risk of readjusting. It is for this reason that some amount of “bar-belling” alongside exposure to quality roll down products may make sense. It is relevant to note that these strategies account for a rise in yields over the period ahead, and the possible volatility can be mitigated by having reasonably long investment horizons. Disclaimer: MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY. The Disclosures of opinions/in house views/strategy incorporated herein is provided solely to enhance the transparency about the investment strategy / theme of the Scheme and should not be treated as endorsement of the views / opinions or as an investment advice. This document should not be construed as a research report or a recommendation to buy or sell any security. This document has been prepared on the basis of information, which is already available in publicly accessible media or developed through analysis of IDFC Mutual Fund. The information/ views / opinions provided is for informative purpose only and may have ceased to be current by the time it may reach the recipient, which should be taken into account before interpreting this document. The recipient should note and understand that the information provided above may not contain all the material aspects relevant for making an investment decision and the security may or may not continue to form part of the scheme’s portfolio in future. Investors are advised to consult their own investment advisor before making any investment decision in light of their risk appetite, investment goals and horizon. The decision of the Investment Manager may not always be profitable; as such decisions are based on the prevailing market conditions and the understanding of the Investment Manager. Actual market movements may vary from the anticipated trends. This information is subject to change without any prior notice. The Company reserves the right to make modifications and alterations to this statement as may be required from time to time. Neither IDFC Mutual Fund / IDFC AMC Trustee Co. Ltd./ IDFC Asset Management Co. Ltd nor IDFC, its Directors or representatives shall be liable for any damages whether direct or indirect, incidental, punitive special or consequential including lost revenue or lost profits that may arise from or in connection with the use of the information.
- 17. 17 IDFC Large Cap Fund Large Cap Fund- An open ended equity scheme predominantly investing in large cap stocks 28th February 2021 FUND FEATURES About the Fund: • A Large Cap fund with opportunistic mid/small cap allocation up to 20% • Focuses on investing in the right sectors as well investing in sector leader companies. • Fund has a “Growth” and “Quality” oriented investment style with emphasis on visibility of earnings and healthy return ratios Category: Large Cap Monthly Avg AUM: ` 709.95 Crores Month end AUM: ` 694.39 Crores Inception Date: 9 June 2006 Fund Manager: Mr. Sumit Agrawal & Mr. Arpit Kapoor (w.e.f. 1st March 2017) Other Parameter: Beta 0.89 R Square 0.96 Standard Deviation (Annualized) 20.17% Sharpe* 0.33 Portfolio Turnover Equity 0.74 Aggregate^ 1.11 Total Expense Ratio Regular 2.43% Direct 1.20% Benchmark: S&P BSE 100 TRI (w.e.f. April 18, 2017) SIP (Minimum Amount): ` 100/- (Minimum 6 instalments) SIP Frequency: Monthly SIP Dates (Monthly): Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment. Investment Objective: Refer Pg No from 63 to 64 Minimum Investment Amount : ` 5,000/- and any amount thereafter Option Available: Growth, Dividend (Payout, Reinvestment and Sweep (from Equity Schemes to Debt Schemes only)) Exit Load: NIL (w.e.f. 4th February 2019) Top 10 Equity Holdings Performance Table Scheme Name CAGR Returns (%) Current Value of Investment of ` 10,000 1 Year 3 Years 5 Years Since Inception Jun 09, 2006 1 Year 3 Years 5 Years Since Inception Jun 09, 2006 IDFC Large Cap Fund 25.22% 10.06% 15.27% 10.08% 12,514 13,329 20,346 41,160 S&P BSE 100 TRI# 32.41% 12.14% 16.79% 12.86% 13,230 14,097 21,721 59,396 Nifty 50 TRI## 31.37% 12.88% 17.29% 13.02% 13,127 14,378 22,189 60,676 Performance based on NAV as on 26/02/2021. Past performance may or may not be sustained in future. For other funds managed by the fund manager, please refer page no. 52 - 54 & the respective fund pages The performances given are of regular plan growth option. Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc. *Risk-free rate assumed to be 3.47% (FBIL OVERNIGHT MIBOR as on 26th February 2021). Ratios calculated on the basis of 3 years history of monthly data. ^Portfolio Turnover ratio is calculated as Lower of purchase or sale during the period / Average AUM for the last one year (includes Fixed Income securities and Equity derivatives). # Benchmark Returns. ## Alternate Benchmark Returns. Current Index performance adjusted for the period from since inception to April 18, 2017 with the performance of Nifty 50 TRI (Benchmark) Current Index performance adjusted for the period from since inception to June 28, 2007 with the performance of S&P BSE 100 price return index (Benchmark) The fund has been repositioned from an IPO fund to a large cap fund w.e.f. April 18, 2017 SIP PERFORMANCE Monthly SIP of ` 10,000 in IDFC Large Cap Fund - Regular Plan - Growth 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception Jun 09, 2006 Total Amount Invested (`) 1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 17,70,000 Total Value as on February 26, 2021 (`) 1,52,455 4,62,699 8,37,424 12,68,778 21,90,592 40,77,027 Fund Returns (%) 54.94 17.10 13.35 11.61 11.60 10.57 Total Value of S&P BSE 100 TRI# 1,59,854 4,78,144 8,81,260 13,61,023 24,34,074 47,48,727 S&P BSE 100 TRI (%)# 68.42 19.45 15.43 13.58 13.57 12.40 Total Value of Nifty 50 TRI## 1,59,134 4,78,574 8,87,454 13,63,654 24,11,710 46,68,168 Nifty 50 TRI (%)## 67.10 19.51 15.71 13.63 13.40 12.20 Past performance may or may not be sustained in future.Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken into consideration. To illustrate the advantages of SIP investment, this is how your investment would have grown if you had invested say `10,000 systematically on the first business Day of every month over a period of time. Returns are calculated by using XIRR approach. XIRR helps in calculating return on investment given an initial and final value and a series of cash inflows and outflows with the correct allowance for the time impact of the transactions. Data as on 26th February 2021 Investors understand that their principal will be at Very High risk This product is suitable for investors who are seeking*: To create wealth over long term. • Investment predominantly in equity and equity • related instruments of the large cap companies. *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. NAV (`) as on February 26, 2021 Regular Plan Growth 41.16 Regular Plan Dividend 16.38 PORTFOLIO Name % of NAV Equity and Equity related Instruments 98.28% Banks 23.25% HDFC Bank 9.33% ICICI Bank 6.40% State Bank of India 4.24% Axis Bank 3.26% Software 18.34% Infosys 7.84% Tata Consultancy Services 5.01% HCL Technologies 2.25% Tech Mahindra 2.19% Wipro 1.05% Consumer Non Durables 10.78% Hindustan Unilever 2.57% ITC 2.39% Asian Paints 1.38% Tata Consumer Products 0.97% Britannia Industries 0.89% Dabur India 0.89% Godrej Consumer Products 0.87% Nestle India 0.80% Finance 9.47% HDFC 6.31% Bajaj Finance 2.16% Muthoot Finance 1.00% Petroleum Products 9.05% Reliance Industries 8.03% Bharat Petroleum Corporation 1.02% Name % of NAV Telecom - Services 6.50% Bharti Airtel 6.50% Auto 5.78% Mahindra & Mahindra 2.25% Maruti Suzuki India 1.58% Bajaj Auto 0.99% Hero MotoCorp 0.96% Pharmaceuticals 4.97% Aurobindo Pharma 1.37% Dr. Reddy's Laboratories 1.35% Divi's Laboratories 1.32% Cipla 0.93% Cement 3.22% UltraTech Cement 3.22% Construction Project 2.77% Larsen & Toubro 2.77% Non - Ferrous Metals 1.04% Hindalco Industries 1.04% Retailing 1.02% Avenue Supermarts 1.02% Consumer Durables 0.91% Titan Company 0.91% Auto Ancillaries 0.79% Sandhar Technologies 0.79% Chemicals 0.38% Pidilite Industries 0.38% Net Cash and Cash Equivalent 1.72% Grand Total 100.00% Size Large Cap Mid Cap Small Cap Style Growth Blend Value Size Large Cap Mid Cap Small Cap Style Growth Blend Value SECTOR ALLOCATION MARKET CAP Large Cap 99.19% Mid Cap 0.00% Small Cap 0.81%
- 18. 18 IDFC Core Equity Fund Large & Mid Cap Fund - An open ended equity scheme investing in both large cap and mid cap stocks 28th February 2021 FUND FEATURES Size Large Cap Mid Cap Small Cap Style Growth Blend Value Top 10 Equity Holdings Performance Table Scheme Name CAGR Returns (%) Current Value of Investment of ` 10,000 1 Year 3 Years 5 Years Since Inception Aug 09, 2005 1 Year 3 Years 5 Years Since Inception Aug 09, 2005 IDFC Core Equity Fund 25.89% 7.28% 15.82% 11.70% 12,581 12,345 20,830 55,960 NIFTY LargeMidcap 250 TRI# 36.62% 11.01% 18.54% 14.55% 13,650 13,674 23,391 82,790 Nifty 50 TRI## 31.37% 12.88% 17.29% 13.91% 13,127 14,378 22,189 75,867 Performance based on NAV as on 26/02/2021. Past performance may or may not be sustained in future. For other funds managed by the fund manager, please refer page no. 52 - 54 & the respective fund pages The performances given are of regular plan growth option. Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc. *Risk-free rate assumed to be 3.47% (FBIL OVERNIGHT MIBOR as on 26th February 2021). Ratios calculated on the basis of 3 years history of monthly data. ^Portfolio Turnover ratio is calculated as Lower of purchase or sale during the period / Average AUM for the last one year (includes Fixed Income securities and Equity derivatives). # Benchmark Returns. ## Alternate Benchmark Returns. SIP PERFORMANCE Monthly SIP of ` 10,000 in IDFC Core Equity Fund - Regular Plan - Growth 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception Aug 09, 2005 Total Amount Invested (`) 1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 18,70,000 Total Value as on February 26, 2021 (`) 1,61,981 4,64,775 8,25,587 12,86,460 22,86,750 46,61,986 Fund Returns (%) 72.36 17.42 12.77 12.00 12.40 10.87 Total Value of NIFTY LargeMidcap 250 TRI# 1,66,723 4,95,334 9,02,074 14,34,401 27,23,288 61,79,953 NIFTY LargeMidcap 250 TRI (%)# 81.22 22.00 16.38 15.05 15.67 14.02 Total Value of Nifty 50 TRI## 1,59,134 4,78,574 8,87,454 13,63,654 24,11,710 52,95,548 Nifty 50 TRI (%)## 67.10 19.51 15.71 13.63 13.40 12.30 Past performance may or may not be sustained in future.Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken into consideration. To illustrate the advantages of SIP investment, this is how your investment would have grown if you had invested say `10,000 systematically on the first business Day of every month over a period of time. Returns are calculated by using XIRR approach. XIRR helps in calculating return on investment given an initial and final value and a series of cash inflows and outflows with the correct allowance for the time impact of the transactions. Data as on 26th February 2021 This product is suitable for investors who are seeking*: To create wealth over long term. • Investment predominantly in equity and equity • related instruments in large and mid-cap companies. *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. NAV (`) as on February 26, 2021 Regular Plan Growth 55.96 Regular Plan Dividend 16.51 PORTFOLIO Name % of NAV Equity and Equity related Instruments 98.94% Banks 22.44% ICICI Bank 7.19% HDFC Bank 6.40% State Bank of India 3.23% Axis Bank 2.33% The Federal Bank 1.26% RBL Bank 0.92% Kotak Mahindra Bank 0.89% State Bank of India - Equity Futures 0.20% Software 10.95% Infosys 6.90% Birlasoft 1.31% Mastek 1.29% HCL Technologies 0.90% MphasiS 0.54% Pharmaceuticals 8.97% Sun Pharmaceutical Industries 1.65% Dr. Reddy's Laboratories 1.59% Cadila Healthcare 1.53% IPCA Laboratories 1.24% Alkem Laboratories 1.05% Alembic Pharmaceuticals 0.74% Aurobindo Pharma 0.69% Indoco Remedies 0.48% Industrial Products 6.93% Supreme Industries 2.24% AIA Engineering 1.65% Bharat Forge 1.27% Cummins India 1.18% EPL 0.59% Auto Ancillaries 6.15% MRF 1.98% Apollo Tyres 1.57% Bosch 1.00% Minda Industries 0.95% Balkrishna Industries 0.64% Cement 6.06% ACC 2.26% The Ramco Cements 1.95% Ambuja Cements 1.85% Petroleum Products 4.65% Reliance Industries 2.55% Bharat Petroleum Corporation 1.53% Reliance Industries - Equity Futures 0.57% Name % of NAV Consumer Non Durables 3.95% Emami 1.24% Marico 1.21% Tata Consumer Products 0.86% ITC 0.64% Power 3.68% Torrent Power 1.68% Kalpataru Power Transmission 1.32% Tata Power Company 0.43% Nava Bharat Ventures 0.26% Construction Project 3.24% Larsen & Toubro 2.03% KEC International 1.21% Telecom - Services 3.21% Bharti Airtel 3.21% Finance 2.91% ICICI Securities 1.70% Mas Financial Services 0.73% M&M Financial Services - Equity Futures 0.43% Max Financial Services 0.05% Chemicals 2.46% Deepak Nitrite 2.46% Ferrous Metals 2.40% Jindal Steel & Power 2.40% Gas 2.37% Mahanagar Gas 1.83% Gujarat State Petronet 0.54% Auto 2.24% Mahindra & Mahindra 2.03% Mahindra & Mahindra - Equity Futures 0.21% Consumer Durables 2.18% Voltas 1.30% Crompton Greaves Consumer Electricals 0.88% Hotels/ Resorts and Other Recreational Activities 1.88% The Indian Hotels Company 1.88% Retailing 1.70% Aditya Birla Fashion and Retail 1.70% Commercial Services 0.56% 3M India 0.56% Preference Shares 0.002% Media & Entertainment 0.002% Zee Entertainment Enterprises 0.002% Net Cash and Cash Equivalent 1.06% Grand Total 100.00% SECTOR ALLOCATION MARKET CAP Large Cap 52.61% Mid Cap 38.29% Small Cap 9.10% About the Fund: IDFC Core Equity Fund is a diversified equity fund with a large and mid cap bias currently. The focus of the fund is to build a portfolio of Quality companies while being cognizant of the relative valuation. Category: Large & Mid Cap Monthly Avg AUM: ` 2,238.89 Crores Month end AUM: ` 2,193.87 Crores Inception Date: 9 August 2005 Fund Manager: Mr. Anoop Bhaskar (w.e.f. 30th April 2016) Other Parameter: Beta 0.98 R Square 0.98 Standard Deviation (Annualized) 24.19% Sharpe* 0.16 Portfolio Turnover Equity 0.27 Aggregate^ 0.41 Total Expense Ratio Regular 2.09% Direct 0.89% Benchmark: NIFTY LargeMidcap 250 TRI (w.e.f. 7th October 2019) SIP (Minimum Amount): ` 100/- (Minimum 6 instalments) SIP Frequency: Monthly SIP Dates (Monthly): Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment. Investment Objective: Refer Pg No from 63 to 64 Minimum Investment Amount : ` 5,000/- and any amount thereafter Option Available: Growth, Dividend - (Payout, Reinvestment and Sweep (from Equity Schemes to Debt Schemes only)) Exit Load:If redeemed/switched out within 365 days from the date of allotment: Upto 10% of investment:Nil, For remaining investment: 1% of applicable NAV. If redeemed / switched out after 365 days from date of allotment: Nil. (w.e.f. May 08, 2020) Investors understand that their principal will be at Very High risk
- 19. 19 IDFC Flexi Cap Fund§ (previously known as IDFC Multi Cap Fund) Flexi Cap Fund- An open ended equity scheme investing across large cap, mid cap and small cap stocks 28th February 2021 FUND FEATURES Size Large Cap Mid Cap Small Cap Style Growth Blend Value About the Fund: IDFC Flexi Cap Fund is a flexi-cap Equity Fund. It is a fund that encourages systematic investing. Category: Flexicap Monthly Avg AUM: ` 5,344.03 Crores Month end AUM: ` 5,200.53 Crores Inception Date: 28 September 2005 Fund Manager: Mr. Anoop Bhaskar (w.e.f. 30th April 2016) & Mr. Sachin Relekar (w.e.f. 8th Dec, 2020) Other Parameter: Beta 0.91 R Square 0.94 Standard Deviation (Annualized) 21.66% Sharpe* 0.07 Portfolio Turnover Equity 0.29 Aggregate^ 0.40 Total Expense Ratio Regular 1.95% Direct 1.22% Benchmark: S&P BSE 500 TRI SIP (Minimum Amount): ` 100/- (Minimum 6 instalments) SIP Frequency: Monthly SIP Dates (Monthly): Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment. Investment Objective: Refer Pg No from 63 to 64 Minimum Investment Amount: ` 10,000/- and any amount thereafter (Units of IDFC Flexi Cap Fund, shall be available for lump sum subscription w.e.f. May 07, 2018) Option Available: Growth, Dividend - (Payout, Reinvestment and Sweep (from Equity Schemes to Debt Schemes only)) Exit Load: If redeemed/switched out within 365 days from the date of allotment: Upto 10% of investment:Nil, For remaining investment: 1% of applicable NAV. If redeemed / switched out after 365 days from date of allotment: Nil. (w.e.f. May 08, 2020) Top 10 Equity Holdings Performance Table Scheme Name CAGR Returns (%) Current Value of Investment of ` 10,000 1 Year 3 Years 5 Years Since Inception Sep 28, 2005 1 Year 3 Years 5 Years Since Inception Sep 28, 2005 IDFC Flexi Cap Fund 14.64% 5.02% 11.76% 16.77% 11,459 11,582 17,431 1,09,310 S&P BSE 500 TRI# 34.42% 11.12% 17.54% 13.07% 13,431 13,717 22,425 66,464 Nifty 50 TRI## 31.37% 12.88% 17.29% 13.17% 13,127 14,378 22,189 67,418 Performance based on NAV as on 26/02/2021. Past performance may or may not be sustained in future. For other funds managed by the fund manager, please refer page no. 52 - 54 & the respective fund pages The performances given are of regular plan growth option. Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc. *Risk-free rate assumed to be 3.47% (FBIL OVERNIGHT MIBOR as on 26th February 2021). Ratios calculated on the basis of 3 years history of monthly data. ^Portfolio Turnover ratio is calculated as Lower of purchase or sale during the period / Average AUM for the last one year (includes Fixed Income securities and Equity derivatives). # Benchmark Returns. ## Alternate Benchmark Returns. Current Index performance adjusted for the period from since inception to June 28, 2007 with the performance of S&P BSE 500 price return index (Benchmark) § Note: “IDFC Multi Cap Fund” has been re-categorized from the Multi Cap Fund Category to the Flexi Cap Fund category and has been renamed as “IDFC Flexi Cap Fund“ with effect from February 09, 2021. Refer the addendum issued in this regard detailing the changes being carried out to the SID of the Scheme which is available on our website i.e. www.idfcmf.com. SIP PERFORMANCE Monthly SIP of ` 10,000 in IDFC Flexi Cap Fund -Regular Plan - Growth 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception Sep 28, 2005 Total Amount Invested (`) 1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 18,60,000 Total Value as on February 26, 2021 (`) 1,50,851 4,35,173 7,61,062 11,75,054 23,08,091 67,37,094 Fund Returns (%) 52.01 12.79 9.48 9.45 12.58 15.12 Total Value of S&P BSE 500 TRI# 1,62,357 4,83,681 8,83,349 13,75,865 24,92,141 54,07,245 S&P BSE 500 TRI (%)# 72.96 20.27 15.52 13.88 14.01 12.67 Total Value of Nifty 50 TRI## 1,58,761 4,78,201 8,87,080 13,63,281 24,11,336 52,13,864 Nifty 50 TRI (%)## 66.33 19.45 15.69 13.62 13.40 12.26 Past performance may or may not be sustained in future.Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken into consideration. To illustrate the advantages of SIP investment, this is how your investment would have grown if you had invested say `10,000 systematically on the first business Day of every month over a period of time. Returns are calculated by using XIRR approach. XIRR helps in calculating return on investment given an initial and final value and a series of cash inflows and outflows with the correct allowance for the time impact of the transactions. Data as on 26th February 2021 This product is suitable for investors who are seeking*: To create wealth over long term. • Investment predominantly in equity and • equity related instruments across market capitalisation. *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. NAV (`) as on February 26, 2021 Regular Plan Growth 109.31 Regular Plan Dividend 35.30 PORTFOLIO Name % of NAV Equity and Equity related Instruments 98.60% Banks 20.52% ICICI Bank 7.04% HDFC Bank 6.32% Kotak Mahindra Bank 2.18% Axis Bank 1.81% City Union Bank 1.70% State Bank of India 1.46% Consumer Durables 9.97% Voltas 3.03% Bata India 2.75% Crompton Greaves Consumer Electricals 2.05% Titan Company 1.35% Greenlam Industries 0.79% Consumer Non Durables 9.17% Asian Paints 1.84% Jubilant Foodworks 1.53% Hindustan Unilever 1.43% Nestle India 1.05% ITC 1.02% Britannia Industries 0.99% S H Kelkar and Company 0.80% Procter & Gamble Hygiene and Health Care 0.51% Software 8.60% Infosys 7.51% Wipro 1.09% Finance 8.10% Multi Commodity Exchange of India 2.27% HDFC Life Insurance Company 1.89% ICICI Securities 1.27% ICICI Lombard General Insurance Company 1.21% Mas Financial Services 0.86% JM Financial 0.60% Auto Ancillaries 6.31% Minda Industries 2.39% Bosch 1.69% MRF 1.46% Wheels India 0.77% Name % of NAV Industrial Products 5.31% Supreme Industries 1.90% AIA Engineering 1.12% Schaeffler India 0.96% Kirloskar Pneumatic Company 0.84% Disa India 0.48% Chemicals 4.34% Atul 3.01% Fine Organic Industries 1.33% Pharmaceuticals 4.10% Divi's Laboratories 1.51% Alembic Pharmaceuticals 1.38% Cipla 1.22% Telecom - Services 3.90% Bharti Airtel 3.90% Cement 3.83% UltraTech Cement 3.83% Ferrous Metals 2.83% APL Apollo Tubes 2.83% Commercial Services 2.82% 3M India 2.82% Construction Project 2.42% Larsen & Toubro 1.99% Power Mech Projects 0.43% Auto 2.09% Mahindra & Mahindra 2.09% Retailing 1.58% Avenue Supermarts 1.58% Textiles - Cotton 1.30% Vardhman Textiles 1.30% Pesticides 0.78% Dhanuka Agritech 0.78% Transportation 0.43% Transport Corporation of India 0.43% Construction 0.18% Poddar Housing and Development 0.18% Net Cash and Cash Equivalent 1.40% Grand Total 100.00% SECTOR ALLOCATION MARKET CAP Large Cap 58.86% Mid Cap 26.22% Small Cap 14.92% Investors understand that their principal will be at Very High risk
- 20. 20 IDFC Tax Advantage (ELSS) Fund An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit 28th February 2021 FUND FEATURES About the Fund: The Fund is an Equity Linked Savings Scheme (ELSS) that aims to generate long term capital growth from a diversified equity portfolio and enables investors to avail of a deduction from total income, as permitted under the Income Tax Act, 1961. Category: ELSS Monthly Avg AUM: ` 2,968.96 Crores Month end AUM: ` 2,975.70 Crores Inception Date: 26 December 2008 Fund Manager: Mr. Daylynn Pinto (w.e.f. 20th October 2016) Other Parameter: Beta 1.16 R Square 0.94 Standard Deviation (Annualized) 27.01% Sharpe* 0.18 Portfolio Turnover Equity 0.48 Aggregate^ 0.48 Total Expense Ratio Regular 1.94% Direct 0.88% Benchmark: S&P BSE 200 TRI SIP (Minimum Amount): ` 500/- SIP Frequency : Monthly SIP Dates (Monthly): Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment. Investment Objective: Refer Pg No from 63 to 64 Minimum Investment Amount: ` 500/- and in multiples of ` 500/- thereafter. Option Available: Growth, Dividend - Payout and Sweep (from Equity Schemes to Debt Schemes Only) Exit Load: Nil Top 10 Equity Holdings Performance Table Scheme Name CAGR Returns (%) Current Value of Investment of ` 10,000 1 Year 3 Years 5 Years Since Inception Dec 26, 2008 1 Year 3 Years 5 Years Since Inception Dec 26, 2008 IDFC Tax Advantage (ELSS) Fund 41.41% 8.37% 18.02% 17.90% 14,128 12,724 22,886 74,270 S&P BSE 200 TRI# 33.70% 12.06% 17.63% 16.73% 13,360 14,067 22,512 65,775 Nifty 50 TRI## 31.37% 12.88% 17.29% 15.66% 13,127 14,378 22,189 58,807 Performance based on NAV as on 26/02/2021, Past performance may or may not be sustained in future. The performances given are of regular plan growth option. Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc. For other funds managed by the fund manager, please refer page no. 52 - 54 & the respective fund pages *Risk-free rate assumed to be 3.47% (FBIL OVERNIGHT MIBOR as on 26th February 2021). Ratios calculated on the basis of 3 years history of monthly data. ^Portfolio Turnover ratio is calculated as Lower of purchase or sale during the period / Average AUM for the last one year (includes Fixed Income securities and Equity derivatives). # Benchmark Returns. ## Alternate Benchmark Returns. SIP PERFORMANCE Monthly SIP of ` 10,000 in IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception Dec 26, 2008 Total Amount Invested (`) 1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 14,70,000 Total Value as on February 26, 2021 (`) 1,75,476 4,99,287 8,97,073 14,10,544 27,38,262 40,69,973 Fund Returns (%) 97.77 22.57 16.15 14.58 15.77 15.56 Total Value of S&P BSE 200 TRI# 1,60,981 4,83,098 8,88,346 13,82,799 25,01,972 35,90,954 S&P BSE 200 TRI (%)# 70.42 20.19 15.75 14.02 14.09 13.72 Total Value of NIFTY 50 TRI## 1,58,761 4,78,201 8,87,080 13,63,281 24,11,336 34,25,557 NIFTY 50 TRI (%)## 66.33 19.45 15.69 13.62 13.40 13.02 Past performance may or may not be sustained in future.Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken into consideration. To illustrate the advantages of SIP investment, this is how your investment would have grown if you had invested say `10,000 systematically on the first business Day of every month over a period of time. Returns are calculated by using XIRR approach. XIRR helps in calculating return on investment given an initial and final value and a series of cash inflows and outflows with the correct allowance for the time impact of the transactions. Data as on 26th February 2021 NAV (`) as on February 26, 2021 Regular Plan Growth 74.27 Regular Plan Dividend 21.67 Size Large Cap Mid Cap Small Cap Style Growth Blend Value This product is suitable for investors who are seeking*: To create wealth over long term. • Investment predominantly in Equity and Equity • related securities with income tax benefit u/s 80C and 3 years lock-in. *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. PORTFOLIO Name % of NAV Equity and Equity related Instruments 98.49% Banks 16.56% ICICI Bank 7.23% HDFC Bank 4.13% State Bank of India 3.54% RBL Bank 1.66% Software 12.48% Infosys 5.90% Mastek 2.13% Birlasoft 1.75% HCL Technologies 1.68% KPIT Technologies 1.02% Pharmaceuticals 6.98% Lupin 1.37% Aurobindo Pharma 1.37% IPCA Laboratories 1.34% Cipla 1.32% Dr. Reddy's Laboratories 1.19% Dishman Carbogen Amcis 0.40% Consumer Durables 6.12% Voltas 1.63% Greenply Industries 1.44% Greenpanel Industries 1.44% Crompton Greaves Consumer Electricals 1.26% Khadim India 0.36% Chemicals 5.78% Deepak Nitrite 3.91% Tata Chemicals 1.86% Construction Project 5.37% NCC 2.77% KEC International 2.61% Auto 5.29% Tata Motors 3.26% Mahindra & Mahindra 2.03% Petroleum Products 5.22% Reliance Industries 3.86% Bharat Petroleum Corporation 1.36% Cement 4.94% UltraTech Cement 1.54% The Ramco Cements 1.43% Grasim Industries 1.21% Sagar Cements 0.76% Name % of NAV Industrial Products 4.83% Graphite India 1.78% Bharat Forge 1.74% Apollo Pipes 1.09% AIA Engineering 0.22% Auto Ancillaries 4.54% Bosch 1.35% Minda Industries 1.33% MRF 1.05% Sandhar Technologies 0.81% Finance 4.30% Mas Financial Services 1.24% ICICI Lombard General Insurance Company 1.20% ICICI Securities 0.96% Magma Fincorp 0.91% Ferrous Metals 3.72% Jindal Steel & Power 2.54% Kirloskar Ferrous Industries 1.15% Tata Steel 0.03% Telecom - Services 3.37% Bharti Airtel 3.37% Consumer Non Durables 2.40% Tata Consumer Products 1.23% United Spirits 1.17% Hotels/ Resorts and Other Recreational Activities 1.80% The Indian Hotels Company 0.91% EIH 0.89% Transportation 1.67% VRL Logistics 1.67% Power 1.37% Kalpataru Power Transmission 1.09% Nava Bharat Ventures 0.28% Construction 1.16% PSP Projects 1.16% Industrial Capital Goods 0.61% CG Power and Industrial Solutions 0.61% Preference Shares 0.002% Media & Entertainment 0.002% Zee Entertainment Enterprises 0.002% Net Cash and Cash Equivalent 1.51% Grand Total 100.00% SECTOR ALLOCATION MARKET CAP Large Cap 50.04% Mid Cap 22.18% Small Cap 27.78% Investors understand that their principal will be at Very High risk
- 21. 21 IDFC Focused Equity Fund An open ended equity scheme investing in maximum 30 stocks with multi cap focus 28th February 2021 FUND FEATURES Size Large Cap Mid Cap Small Cap Style Growth Blend Value About the Fund: IDFC Focused Equity Fund is a concentrated portfolio of up to 30 stocks with the flexibility to invest across sectors and across market cap. Category: Focused Monthly Avg AUM: ` 1,481.99 Crores Month end AUM: ` 1,437.71 Crores Inception Date: 16 March 2006 Fund Manager: Mr. Sumit Agrawal (w.e.f. 20th October 2016) Other Parameter: Beta 0.90 R Square 0.90 Standard Deviation (Annualized) 21.85% Sharpe* 0.10 Portfolio Turnover Equity 1.30 Aggregate^ 1.68 Total Expense Ratio Regular 2.17% Direct 0.84% Benchmark: S&P BSE 500 TRI (with effect from November 11, 2019) SIP (Minimum Amount): ` 100/- (Minimum 6 instalments) SIP Frequency: Monthly SIP Dates (Monthly): Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment. Investment Objective: Refer Pg No from 63 to 64 Minimum Investment Amount$ : ` 5,000/- and any amount thereafter Option Available: Growth, Dividend - (Payout, Reinvestment and Sweep (from Equity Schemes to Debt Schemes only)) Exit Load: If redeemed/switched out within 365 days from the date of allotment: Upto 10% of investment:Nil, For remaining investment: 1% of applicable NAV. If redeemed / switched out after 365 days from date of allotment: Nil. (w.e.f. May 08, 2020) Top 10 Equity Holdings Performance Table Scheme Name CAGR Returns (%) Current Value of Investment of ` 10,000 1 Year 3 Years 5 Years Since Inception Mar 16, 2006 1 Year 3 Years 5 Years Since Inception Mar 16, 2006 IDFC Focused Equity Fund 21.71% 5.69% 15.74% 10.80% 12,165 11,805 20,761 46,360 S&P BSE 500 TRI# 34.42% 11.12% 17.54% 11.87% 13,431 13,717 22,425 53,535 Nifty 50 TRI## 31.37% 12.88% 17.29% 11.94% 13,127 14,378 22,189 54,055 Performance based on NAV as on 26/02/2021. Past performance may or may not be sustained in future. For other funds managed by the fund manager, please refer page no. 52 - 54 & the respective fund pages The performances given are of regular plan growth option. Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc. *Risk-free rate assumed to be 3.47% (FBIL OVERNIGHT MIBOR as on 26th February 2021). Ratios calculated on the basis of 3 years history of monthly data. ^Portfolio Turnover ratio is calculated as Lower of purchase or sale during the period / Average AUM for the last one year (includes Fixed Income securities and Equity derivatives). # Benchmark Returns. ## Alternate Benchmark Returns. $$ The strategy of the Fund has been changed from large cap to focused fund w.e.f. April 18, 2017 SIP PERFORMANCE Monthly SIP of ` 10,000 in IDFC Focused Equity Fund - Regular Plan - Growth 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception Mar 16, 2006 Total Amount Invested (`) 1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 18,00,000 Total Value as on February 26, 2021 (`) 1,51,393 4,52,351 8,20,760 12,55,308 21,46,540 41,72,526 Fund Returns (%) 52.98 15.50 12.53 11.31 11.21 10.46 Total Value of S&P BSE 500 TRI# 1,62,357 4,83,681 8,83,349 13,75,865 24,92,141 50,15,138 S&P BSE 500 TRI (%)# 72.96 20.27 15.52 13.88 14.01 12.62 Total Value of Nifty 50 TRI## 1,58,761 4,78,201 8,87,080 13,63,281 24,11,336 48,20,889 Nifty 50 TRI (%)## 66.33 19.45 15.69 13.62 13.40 12.16 Past performance may or may not be sustained in future.Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken into consideration. To illustrate the advantages of SIP investment, this is how your investment would have grown if you had invested say `10,000 systematically on the first business Day of every month over a period of time. Returns are calculated by using XIRR approach. XIRR helps in calculating return on investment given an initial and final value and a series of cash inflows and outflows with the correct allowance for the time impact of the transactions. Data as on 26th February 2021 This product is suitable for investors who are seeking*: To create wealth over long term. • Investment in a concentrated portfolio of equity • and equity related instruments of up to 30 companies. *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. NAV (`) as on February 26, 2021 Regular Plan Growth 46.36 Regular Plan Dividend 14.33 PORTFOLIO Name % of NAV Equity and Equity related Instruments 99.75% Banks 31.28% ICICI Bank 8.81% HDFC Bank 8.11% State Bank of India 6.78% The Federal Bank 3.89% Axis Bank 3.68% Software 16.82% Infosys 7.85% Tata Consultancy Services 5.03% HCL Technologies 2.02% Tech Mahindra 1.92% Petroleum Products 8.18% Reliance Industries 6.24% Bharat Petroleum Corporation 1.94% Industrial Products 7.99% EPL 5.08% Bharat Forge 1.70% Prince Pipes And Fittings 1.22% Chemicals 6.29% Fine Organic Industries 6.29% Telecom - Services 5.07% Bharti Airtel 5.07% Name % of NAV Consumer Non Durables 4.16% Prataap Snacks 2.17% ITC 1.99% Auto 4.06% Maruti Suzuki India 2.10% Mahindra & Mahindra 1.96% Commercial Services 3.98% SIS 3.98% Finance 3.61% M&M Financial Services 3.61% Non - Ferrous Metals 2.09% Hindalco Industries 2.09% Construction Project 2.01% Larsen & Toubro 2.01% Auto Ancillaries 1.65% MRF 1.65% Consumer Durables 1.40% Bata India 1.40% Pharmaceuticals 1.16% Divi's Laboratories 0.70% Dr. Reddy's Laboratories 0.46% Net Cash and Cash Equivalent 0.25% Grand Total 100.00% SECTOR ALLOCATION MARKET CAP Large Cap 68.94% Mid Cap 12.27% Small Cap 18.78% Investors understand that their principal will be at Very High risk
- 22. 22 IDFC Sterling Value Fund An open ended equity scheme following a value investment strategy 28th February 2021 FUND FEATURES Size Large Cap Mid Cap Small Cap Style Growth Blend Value About the Fund: IDFC Sterling Value Fund is a value fund that focuses on active stock selection strategy. Category: Value Monthly Avg AUM: ` 3,129.87 Crores Month end AUM: ` 3,169.13 Crores Inception Date: 7 March 2008 Fund Manager: Mr. Anoop Bhaskar (w.e.f. 30th April 2016) & Mr. Daylynn Pinto (w.e.f. 20th October 2016) Other Parameter: Beta 1.05 R Square 0.97 Standard Deviation (Annualized) 30.68% Sharpe* 0.02 Portfolio Turnover Equity 0.19 Aggregate^ 0.19 Total Expense Ratio Regular 2.02% Direct 0.92% Benchmark: S&P BSE 400 MidSmallCap TRI (w.e.f. 11th November, 2019) SIP (Minimum Amount): ` 100/- (Minimum 6 instalments) SIP Frequency: Monthly SIP Dates (Monthly): Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment. Investment Objective: Refer Pg No from 63 to 64 Minimum Investment Amount : ` 5,000/- and any amount thereafter Option Available: Growth, Dividend (Payout, Reinvestment and Sweep (from Equity Schemes to Debt Schemes only)) Exit Load: If redeemed/switched out within 365 days from the date of allotment: Upto 10% of investment:Nil, For remaining investment: 1% of applicable NAV. If redeemed / switched out after 365 days from date of allotment: Nil. (w.e.f. May 08, 2020) Top 10 Equity Holdings Performance Table Scheme Name CAGR Returns (%) Current Value of Investment of ` 10,000 1 Year 3 Years 5 Years Since Inception Mar 07, 2008 1 Year 3 Years 5 Years Since Inception Mar 07, 2008 IDFC Sterling Value Fund$ 37.74% 4.02% 16.89% 15.28% 13,762 11,255 21,811 63,360 S&P BSE 400 MidSmallCap TRI# 43.89% 6.75% 17.67% 10.55% 14,374 12,164 22,551 36,791 Nifty 50 TRI## 31.37% 12.88% 17.29% 10.26% 13,127 14,378 22,189 35,552 Performance based on NAV as on 26/02/2021. Past performance may or may not be sustained in future. For other funds managed by the fund manager, please refer page no. 52 - 54 & the respective fund pages The performances given are of regular plan growth option. Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc. *Risk-free rate assumed to be 3.47% (FBIL OVERNIGHT MIBOR as on 26th February 2021). Ratios calculated on the basis of 3 years history of monthly data. ^Portfolio Turnover ratio is calculated as Lower of purchase or sale during the period / Average AUM for the last one year (includes Fixed Income securities and Equity derivatives). # Benchmark Returns. ## Alternate Benchmark Returns. $ The fund has been repositioned from a mid cap fund to a value fund w.e.f. May 28, 2018. This product is suitable for investors who are seeking*: To create wealth over long term. • Investment predominantly in equity and equity • related instruments following a value investment strategy. *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. NAV (`) as on February 26, 2021 Regular Plan Growth 63.36 Regular Plan Dividend 22.96 PORTFOLIO Name % of NAV Equity and Equity related Instruments 98.62% Consumer Durables 9.58% Voltas 2.57% Crompton Greaves Consumer Electricals 1.76% Greenpanel Industries 1.71% Greenply Industries 1.49% Butterfly Gandhimathi Appliances 1.26% Mayur Uniquoters 0.79% Cement 9.24% JK Cement 3.25% The Ramco Cements 2.14% Prism Johnson 1.81% ACC 1.42% Sagar Cements 0.63% Auto Ancillaries 8.58% Minda Industries 2.68% Bosch 2.06% Tube Investments of India 1.43% MRF 1.07% Wheels India 0.99% Sterling Tools 0.35% Finance 6.88% Mas Financial Services 1.92% ICICI Lombard General Insurance Company 1.80% ICICI Securities 1.60% Magma Fincorp 1.55% Construction Project 6.49% KEC International 3.40% NCC 3.09% Industrial Products 6.34% Graphite India 2.13% Bharat Forge 1.93% Polycab India 1.69% SRF 0.61% Consumer Non Durables 6.33% Emami 2.44% Radico Khaitan 2.06% Tata Consumer Products 1.83% Software 5.92% Birlasoft 2.22% Persistent Systems 1.57% HCL Technologies 1.15% KPIT Technologies 0.98% Name % of NAV Banks 5.79% ICICI Bank 4.15% RBL Bank 1.64% Ferrous Metals 4.97% Jindal Steel & Power 3.18% Kirloskar Ferrous Industries 0.94% Maharashtra Seamless 0.84% Pharmaceuticals 4.33% Aurobindo Pharma 1.89% IPCA Laboratories 1.31% Alembic Pharmaceuticals 0.87% Dishman Carbogen Amcis 0.26% Chemicals 4.15% Deepak Nitrite 4.15% Industrial Capital Goods 3.07% Bharat Electronics 1.56% CG Power and Industrial Solutions 1.14% Skipper 0.37% Gas 3.04% Gujarat Gas 3.04% Hotels/ Resorts and Other Recreational Activities 2.69% The Indian Hotels Company 1.82% EIH 0.87% Textiles - Cotton 2.31% Vardhman Textiles 1.81% Nitin Spinners 0.50% Transportation 1.95% VRL Logistics 1.95% Textile Products 1.94% K.P.R. Mill 1.37% Dollar Industries 0.56% Retailing 1.88% V-Mart Retail 1.50% Aditya Birla Fashion and Retail 0.38% Petroleum Products 1.63% Bharat Petroleum Corporation 1.63% Power 1.49% Kalpataru Power Transmission 1.26% Nava Bharat Ventures 0.23% Net Cash and Cash Equivalent 1.38% Grand Total 100.00% SIP PERFORMANCE Monthly SIP of ` 10,000 in IDFC Sterling Value Fund - Regular Plan - Growth 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception Mar 07, 2008 Total Amount Invested (`) 1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 15,60,000 Total Value as on February 26, 2021 (`) 1,82,948 4,85,452 8,45,707 13,21,470 25,20,796 45,31,903 Fund Returns (%) 112.30 20.54 13.75 12.75 14.23 15.26 Total Value of S&P BSE 400 MidSmallCap TRI# 1,77,230 5,11,678 8,90,871 14,23,000 26,87,474 43,13,836 S&P BSE 400 MidSmallCap TRI (%)$ 101.16 24.37 15.87 14.83 15.42 14.59 Total Value of Nifty 50 TRI## 1,58,761 4,78,201 8,87,080 13,63,281 24,11,336 37,86,738 Nifty 50 TRI (%)## 66.33 19.45 15.69 13.62 13.40 12.80 Past performance may or may not be sustained in future.Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken into consideration. To illustrate the advantages of SIP investment, this is how your investment would have grown if you had invested say `10,000 systematically on the first business Day of every month over a period of time. Returns are calculated by using XIRR approach. XIRR helps in calculating return on investment given an initial and final value and a series of cash inflows and outflows with the correct allowance for the time impact of the transactions. Data as on 26th February 2021 SECTOR ALLOCATION MARKET CAP Large Cap 14.72% Mid Cap 44.66% Small Cap 40.63% Investors understand that their principal will be at Very High risk
- 23. 23 IDFC Emerging Businesses Fund (Small Cap Fund – An open ended equity scheme predominantly investing in small cap stocks) 28th February 2021 FUND FEATURES About the Fund: Fund focuses on building a diversified portfolio within the small cap segment. Portfolio will contain buy and hold strategies as well as opportunistic picks in the cyclical space. Fund may also look to participate in new businesses via IPOs. Category: Small Cap Fund Monthly Avg AUM: ` 912.10 Crores Month end AUM: ` 930.11 Crores Inception Date: 25 February 2020 Fund Manager: Mr. Anoop Bhaskar Portfolio Turnover Equity 0.50 Aggregate^ 0.50 Total Expense Ratio Regular 2.41% Direct 0.30% Benchmark: S&P BSE 250 SmallCap TRI SIP (Minimum Amount): ` 100/- and in multiples of Rs.1 thereafter SIP Frequency: Monthly SIP Dates (Monthly): Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment. Investment Objective: Refer Pg No from 63 to 64 Minimum Investment Amount: ` 5,000/- and any amount thereafter Option Available: The Scheme offer Dividend Option & Growth Option. Dividend Option under each Plan further offers of choice of Payout & Sweep facilities. Exit Load: 1% if redeemed/switched out within 1 year from the date of allotment Top 10 Equity Holdings NAV (`) as on February 26, 2021 Regular Plan Growth 16.01 Regular Plan Dividend 16.01 PORTFOLIO Name % of NAV Equity and Equity related Instruments 93.39% Consumer Non Durables 15.45% Radico Khaitan 4.39% Balrampur Chini Mills 2.07% DFM Foods 1.63% DCM Shriram 1.42% Jubilant Foodworks 1.19% Emami 1.15% Heritage Foods 1.12% Godfrey Phillips India 1.00% Burger King India 0.91% Jyothy Labs 0.57% Industrial Products 10.61% Shaily Engineering Plastics 2.78% Graphite India 2.15% Polycab India 1.71% EPL 1.49% Carborundum Universal 1.27% Huhtamaki India 1.21% Chemicals 7.64% Navin Fluorine International 3.31% NOCIL 3.23% Chemcon Speciality Chemicals 1.02% Fine Organic Industries 0.07% Software 6.97% Birlasoft 2.75% Cyient 2.31% eClerx Services 1.16% Mastek 0.75% Auto Ancillaries 5.03% Jamna Auto Industries 1.71% GNA Axles 1.26% Automotive Axles 1.11% Wheels India 0.95% Finance 4.90% Multi Commodity Exchange of India 2.68% UTI Asset Management Company 1.27% JM Financial 0.92% Mas Financial Services 0.03% Construction 4.81% Kajaria Ceramics 3.69% Cera Sanitaryware 1.11% PSP Projects 0.02% Name % of NAV Consumer Durables 3.69% Blue Star 1.61% Mayur Uniquoters 1.34% Orient Electric 0.51% Borosil 0.22% Auto 3.48% Ashok Leyland 1.91% Tata Motors 1.57% Cement 3.48% Sagar Cements 1.55% ACC 1.04% Deccan Cements 0.89% Healthcare Services 3.38% Narayana Hrudayalaya 1.94% Gland Pharma 1.44% Hotels/ Resorts and Other Recreational Activities 3.16% Westlife Development 2.74% EIH 0.42% Pesticides 3.10% Rallis India 1.92% Heranba Industries 1.18% Commercial Services 2.90% TeamLease Services 2.90% Petroleum Products 2.83% Gulf Oil Lubricants India 2.83% Pharmaceuticals 2.79% FDC 1.71% Laurus Labs 1.08% Banks 2.29% Kotak Mahindra Bank 1.20% State Bank of India 1.08% Power 2.07% Kalpataru Power Transmission 2.07% Retailing 1.68% V-Mart Retail 1.68% Textiles - Cotton 1.60% Vardhman Textiles 1.02% Nitin Spinners 0.58% Telecom - Services 1.53% Bharti Airtel 1.53% Fixed Deposit 1.08% HDFC Bank 1.08% Net Cash and Cash Equivalent 5.54% Grand Total 100.00% Size Large Cap Mid Cap Small Cap Style Growth Blend Value SECTOR ALLOCATION MARKET CAP Large Cap 8.70% Mid Cap 11.05% Small Cap 80.25% This product is suitable for investors who are seeking*: To create wealth over long term. • Investment in equity and equity related • instrument of small cap companies. *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. Investors understand that their principal will be at Very High risk Performance Table Scheme Name CAGR Returns (%) Current Value of Investment of ` 10,000 1 Year 3 Years 5 Years Since Inception Feb 25, 2020 1 Year 3 Years 5 Years Since Inception Feb 25, 2020 IDFC Emerging Businesses Fund 61.60% NA NA 59.69% 16,139 NA NA 16,010 S&P BSE 250 SmallCap TRI# 45.20% NA NA 37.32% 14,505 NA NA 13,756 Nifty 50 TRI## 31.37% NA NA 24.49% 13,127 NA NA 12,464 The scheme has been in existence for more than 1 year but less than 3 years. Performance based on NAV as on 26/02/2021. Past performance may or may not be sustained in future. Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc. The performances given are of regular plan growth option. For other funds managed by the fund manager, please refer page no. 52 - 54 & the respective fund pages, Other ratios are not given as scheme has not completed 3 years. ^Portfolio Turnover ratio is calculated as Lower of purchase or sale during the period / Average AUM for the last one year (includes Fixed Income securities and Equity derivatives). # Benchmark Returns. ## Alternate Benchmark Returns. SIP PERFORMANCE Monthly SIP of ` 10,000 in IDFC Sterling Value Fund - Regular Plan - Growth 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception Mar 07, 2008 Total Amount Invested (`) 1,20,000 NA NA NA NA 1,30,000 Total Value as on February 26, 2021 (`) 1,63,415 NA NA NA NA 1,78,625 Fund Returns (%) 88.58 NA NA NA NA 83.21 Total Value of S&P BSE 250 SmallCap TRI# 1,67,813 NA NA NA NA 1,80,390 S&P BSE 250 SmallCap TRI (%)$ 98.56 NA NA NA NA 86.50 Total Value of Nifty 50 TRI## 1,55,827 NA NA NA NA 1,68,186 Nifty 50 TRI (%)## 71.76 NA NA NA NA 64.13 Past performance may or may not be sustained in future.Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken into consideration. To illustrate the advantages of SIP investment, this is how your investment would have grown if you had invested say `10,000 systematically on the first business Day of every month over a period of time. Returns are calculated by using XIRR approach. XIRR helps in calculating return on investment given an initial and final value and a series of cash inflows and outflows with the correct allowance for the time impact of the transactions. Data as on 26th February 2021
- 24. 24 IDFC Infrastructure Fund An open ended equity scheme investing in Infrastructure sector 28th February 2021 FUND FEATURES About the Fund: A dedicated Infrastructure fund, that invests across the infrastructure value chain with exclusions like Banking, Autos, IT, Pharma and FMCG. It is a diversified portfolio of companies that are participating in and benefitting from the Indian Infrastructure and Infrastructure related activities. Category: Sectoral Monthly Avg AUM: ` 578.08 Crores Month end AUM: ` 588.38 Crores Inception Date: 8 March 2011 Fund Manager: Mr. Sachin Relekar (w.e.f. 08th December 2020)£ Other Parameter: Beta 0.98 R Square 0.92 Standard Deviation (Annualized) 31.18% Sharpe* -0.14 Portfolio Turnover Equity 0.02 Aggregate^ 0.02 Total Expense Ratio Regular 2.47% Direct 1.30% Benchmark: S&P BSE India Infrastructure TRI (with effect from November 11, 2019) SIP (Minimum Amount): ` 100/- (Minimum 6 instalments) SIP Frequency: Monthly SIP Dates (Monthly): Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment. Investment Objective: Refer Pg No from 63 to 64 Minimum Investment Amount: ` 5,000/- and any amount thereafter Option Available: Growth, Dividend - (Payout, Reinvestment and Sweep (from Equity Schemes to Debt Schemes only)) Exit Load: If redeemed/switched out within 365 days from the date of allotment: Upto 10% of investment:Nil, For remaining investment: 1% of applicable NAV. If redeemed / switched out after 365 days from date of allotment: Nil. (w.e.f. May 08, 2020) Top 10 Equity Holdings Performance Table Scheme Name CAGR Returns (%) Current Value of Investment of ` 10,000 1 Year 3 Years 5 Years Since Inception Mar 08, 2011 1 Year 3 Years 5 Years Since Inception Mar 08, 2011 IDFC Infrastructure Fund 40.36% -0.99% 14.49% 6.08% 14,023 9,707 19,662 18,020 S&P BSE India Infrastructure TRI# 49.26% 0.11% 13.59% 8.12% 14,910 10,034 18,900 21,791 Nifty 50 TRI## 31.37% 12.88% 17.29% 11.56% 13,127 14,378 22,189 29,784 Performance based on NAV as on 26/02/2021. Past performance may or may not be sustained in future. For other funds managed by the fund manager, please refer page no. 52 - 54 & the respective fund pages The performances given are of regular plan growth option. Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc. *Risk-free rate assumed to be 3.47% (FBIL OVERNIGHT MIBOR as on 26th February 2021). Ratios calculated on the basis of 3 years history of monthly data. ^Portfolio Turnover ratio is calculated as Lower of purchase or sale during the period / Average AUM for the last one year (includes Fixed Income securities and Equity derivatives). # Benchmark Returns. ## Alternate Benchmark Returns. £ The Scheme was being managed by Mr. Rajendra Kumar Mishra up to December 7, 2020. This product is suitable for investors who are seeking*: To create wealth over long term. • Investment predominantly in equity and equity • related instruments of companies that are participating in and benefiting from growth in Indian infrastructure and infrastructural related activities. *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. NAV (`) as on February 26, 2021 Regular Plan Growth 18.02 Regular Plan Dividend 16.94 Size Large Cap Mid Cap Small Cap Style Growth Blend Value PORTFOLIO Name % of NAV Equity and Equity related Instruments 97.87% Construction Project 17.25% Larsen & Toubro 9.44% NCC 3.75% H.G. Infra Engineering 2.36% Engineers India 1.70% Cement 16.39% UltraTech Cement 7.48% JK Cement 6.50% Sagar Cements 2.40% Transportation 16.21% Adani Ports and Special Economic Zone 7.12% Transport Corporation of India 3.25% Container Corporation of India 3.13% Gateway Distriparks 1.64% Navkar Corporation 1.07% Construction 13.66% PNC Infratech 6.58% Ahluwalia Contracts (India) 2.15% J.Kumar Infraprojects 1.40% ITD Cementation India 1.39% PSP Projects 0.95% GPT Infraprojects 0.63% NBCC (India) 0.56% Gas 7.80% Gujarat Gas 5.16% Name % of NAV Gujarat State Petronet 2.64% Telecom - Services 6.90% Bharti Airtel 6.90% Industrial Capital Goods 5.76% Thermax 3.24% ISGEC Heavy Engineering 1.67% Bharat Electronics 0.82% Siemens 0.03% Ferrous Metals 5.18% Jindal Steel & Power 2.75% Maharashtra Seamless 1.36% Jindal Saw 1.07% Power 4.09% Torrent Power 4.09% Industrial Products 3.70% Kirloskar Brothers 2.09% Carborundum Universal 1.36% Cummins India 0.25% Hotels/ Resorts and Other Recreational Activities 0.91% Taj GVK Hotels & Resorts 0.91% Petroleum Products 0.04% Reliance Industries 0.04% Net Cash and Cash Equivalent 2.13% Grand Total 100.00% SIP PERFORMANCE Monthly SIP of ` 10,000 in IDFC Infrastructure Fund - Regular Plan - Growth 1 Year 3 Years 5 Years 7 Years Since Inception Mar 08, 2011 Total Amount Invested (`) 1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 Total Value as on February 26, 2021 (`) 1,82,060 4,69,362 7,84,775 11,90,592 19,56,244 Fund Returns (%) 110.71 18.12 10.72 9.82 9.46 Total Values of S&P BSE India Infrastructure TRI# 1,87,559 4,73,932 7,76,013 11,36,866 19,37,534 S&P BSE India Infrastructure TRI (%)# 121.58 18.81 10.26 8.53 9.28 Total Value of Nifty 50 TRI## 1,59,134 4,78,574 8,87,454 13,63,654 24,12,898 Nifty 50 TRI (%)## 67.10 19.51 15.71 13.63 13.41 Past performance may or may not be sustained in future.Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken into consideration. To illustrate the advantages of SIP investment, this is how your investment would have grown if you had invested say `10,000 systematically on the first business Day of every month over a period of time. Returns are calculated by using XIRR approach. XIRR helps in calculating return on investment given an initial and final value and a series of cash inflows and outflows with the correct allowance for the time impact of the transactions. Data as on 26th February 2021 SECTOR ALLOCATION MARKET CAP Large Cap 31.69% Mid Cap 29.19% Small Cap 39.13% Investors understand that their principal will be at Very High risk
- 25. 25 IDFC Nifty Fund An open ended scheme tracking Nifty 50 Index 28th February 2021 FUND FEATURES INDUSTRY ALLOCATION About the Fund: IDFC Nifty Fund is an index fund which is managed passively by investing in proportion to the Nifty 50. Category: Index Monthly Avg AUM: ` 285.00 Crores Month end AUM: ` 280.00 Crores Inception Date: 30 April 2010 Fund Manager: Mr. Arpit Kapoor & Mr. Sumit Agrawal (w.e.f. 1st March 2017) Other Parameter: Beta 0.99 R Square 1.00 Standard Deviation (Annualized) 21.91% Sharpe* 0.42 Portfolio Turnover Equity 0.36 Aggregate^ 0.48 Tracking Error (Annualized) 0.83% Total Expense Ratio Regular 0.76% Direct 0.16% Benchmark: Nifty 50 TRI SIP (Minimum Amount): ` 100/- SIP Frequency: Monthly SIP Dates (Monthly): Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment. Investment Objective: Refer Pg No from 63 to 64 Minimum Investment Amount: ` 5,000/- and any amount thereafter Option Available: Growth, Dividend - (Payout, Reinvestment and Sweep (from Equity Schemes to Debt Schemes only)) Exit Load: NIL (w.e.f. 4th February 2019) Top 10 Equity Holdings Banks 27.30% Software 15.54% Finance 11.72% Petroleum Products 11.60% Consumer Non Durables 8.96% Auto 5.56% Pharmaceuticals 3.17% Construction Project 2.75% Cement 2.41% Telecom - Services 2.11% Performance Table Scheme Name CAGR Returns (%) Current Value of Investment of ` 10,000 1 Year 3 Years 5 Years Since Inception Apr 30, 2010 1 Year 3 Years 5 Years Since Inception Apr 30, 2010 IDFC Nifty Fund 31.25% 12.56% 16.84% 10.84% 13,115 14,258 21,766 30,495 Nifty 50 TRI# 31.37% 12.88% 17.29% 11.16% 13,127 14,378 22,189 31,471 Performance based on NAV as on 26/02/2021. Past performance may or may not be sustained in future. For other funds managed by the fund manager, please refer page no. 52 - 54 & the respective fund pages The performances given are of regular plan growth option. Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc. *Risk-free rate assumed to be 3.47% (FBIL OVERNIGHT MIBOR as on 26th February 2021). Ratios calculated on the basis of 3 years history of monthly data. ^Portfolio Turnover ratio is calculated as Lower of purchase or sale during the period / Average AUM for the last one year (includes Fixed Income securities and Equity derivatives). # Benchmark Returns. SIP PERFORMANCE Monthly SIP of ` 10,000 in IDFC Nifty - Regular Plan - Growth 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception Apr 30, 2010 Total Amount Invested (`) 1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 13,10,000 Total Value as on Feb. 26, 2021 (`) 1,58,511 4,76,377 8,79,734 13,45,485 23,64,975 26,84,269 Fund Returns (%) 65.95 19.18 15.35 13.26 13.03 12.54 Total Value of Nifty 50 TRI# 1,59,134 4,78,574 8,87,454 13,63,654 24,11,710 27,39,956 Nifty 50 TRI (%)# 67.10 19.51 15.71 13.63 13.40 12.89 Past performance may or may not be sustained in future.Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken into consideration. To illustrate the advantages of SIP investment, this is how your investment would have grown if you had invested say `10,000 systematically on the first business Day of every month over a period of time. Returns are calculated by using XIRR approach. XIRR helps in calculating return on investment given an initial and final value and a series of cash inflows and outflows with the correct allowance for the time impact of the transactions. Data as on 26th February 2021 This product is suitable for investors who are seeking*: To create wealth over long term. • Investment in equity and equity related • instruments forming part of Nifty 50 index. *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. Power 1.69% Ferrous Metals 1.46% Consumer Durables 0.93% Non - Ferrous Metals 0.78% Transportation 0.78% Oil 0.64% Minerals/Mining 0.50% Pesticides 0.49% Gas 0.41% NAV (`) as on February 26, 2021 Regular Plan Growth 30.4953 Regular Plan Dividend 27.6688 PORTFOLIO Name Rating % of NAV Equity and Equity related Instruments 99.56% Banks 27.30% HDFC Bank 10.54% ICICI Bank 6.51% Kotak Mahindra Bank 4.11% Axis Bank 2.83% State Bank of India 2.36% IndusInd Bank 0.95% Yes Bank 0.001% Software 15.54% Infosys 7.33% Tata Consultancy Services 4.80% HCL Technologies 1.56% Wipro 0.96% Tech Mahindra 0.90% Finance 11.72% HDFC 7.20% Bajaj Finance 2.20% Bajaj Finserv 0.92% HDFC Life Insurance Company 0.87% SBI Life Insurance Company 0.53% Petroleum Products 11.60% Reliance Industries 10.64% Bharat Petroleum Corporation 0.57% Indian Oil Corporation 0.39% Consumer Non Durables 8.96% Hindustan Unilever 3.00% ITC 2.81% Asian Paints 1.62% Nestle India 0.91% Britannia Industries 0.63% Auto 5.56% Maruti Suzuki India 1.44% Mahindra & Mahindra 1.22% Tata Motors 0.91% Bajaj Auto 0.78% Hero MotoCorp 0.66% Eicher Motors 0.55% Pharmaceuticals 3.17% Sun Pharmaceutical Industries 1.01% Name Rating % of NAV Dr. Reddy's Laboratories 0.85% Divi's Laboratories 0.68% Cipla 0.63% Construction Project 2.75% Larsen & Toubro 2.75% Cement 2.41% UltraTech Cement 1.11% Grasim Industries 0.74% Shree Cement 0.56% Telecom - Services 2.11% Bharti Airtel 2.11% Power 1.69% Power Grid Corporation of India 0.87% NTPC 0.82% Ferrous Metals 1.46% Tata Steel 0.85% JSW Steel 0.60% Consumer Durables 0.93% Titan Company 0.93% Non - Ferrous Metals 0.78% Hindalco Industries 0.78% Index 0.78% Nifty 50 Index - Equity Futures 0.78% Transportation 0.78% Adani Ports and Special Economic Zone 0.78% Oil 0.64% Oil & Natural Gas Corporation 0.64% Minerals/Mining 0.50% Coal India 0.50% Pesticides 0.49% UPL 0.49% Gas 0.41% GAIL (India) 0.41% Corporate Bond 0.01% NTPC AAA 0.01% Net Cash and Cash Equivalent 0.43% Grand Total 100.00% Size Large Cap Mid Cap Small Cap Style Growth Blend Value Investors understand that their principal will be at Very High risk
- 26. 26 Banks 31.07% Software 16.91% Finance 12.11% Petroleum Products 11.97% Consumer Non Durables 9.75% Auto 4.01% Construction Project 3.24% Telecom - Services 2.45% Pharmaceuticals 2.15% Power 1.90% Cement 1.27% Consumer Durables 1.09% Oil 0.73% IDFC Sensex ETF An open ended scheme tracking S&P BSE Sensex Index 28th February 2021 FUND FEATURES INDUSTRY ALLOCATION About the Fund: An open-ended Exchange Traded Fund that seeks to provide returns that, before expenses, closely correspond to the total return of the S&P BSE Sensex, subject to tracking errors. Category: Exchange Traded Fund Monthly Avg AUM: ` 0.74 Crores Month end AUM: ` 0.72 Crores Inception Date: 07 October 2016 Fund Manager: Mr. Yogik Pitti Other Parameter: Beta 0.98 R Square 1.00 Standard Deviation (Annualized) 21.81% Sharpe* 0.48 Portfolio Turnover Equity 0.08 Aggregate^ 0.08 Tracking Error (Annualized) 0.70% Total Expense Ratio: 0.31% Benchmark: S&P BSE Sensex TRI SIP (Minimum Amount): NA SIP Frequency: NA SIP Dates (Monthly): NA Investment Objective: Refer Pg No from 63 to 64 Minimum Investment Amount: Directly with Fund - Authorised Participants and Large Investors can directly purchase / redeem in blocks from the fund in “Creation unit size” on any business day. On the Exchange - The units of the Scheme can be purchased and sold in minimum lot of 1 unit and in multiples thereof Option Available: Presently the scheme does not offer any Plan/Options for Investment Exit Load: Nil Performance Table Scheme Name CAGR Returns (%) Current Value of Investment of ` 10,000 1 Year 3 Years 5 Years Since Inception Oct 07, 2016 1 Year 3 Years 5 Years Since Inception Oct 07, 2016 IDFC Sensex ETF 29.42% 13.96% NA 14.66% 12,933 14,796 NA 18,236 S&P BSE Sensex TRI# 30.00% 14.22% NA 14.93% 12,990 14,894 NA 18,424 Nifty 50 TRI## 31.37% 12.88% NA 13.77% 13,127 14,378 NA 17,623 The scheme has been in existence for more than 3 year but less than 5 years. Performance based on NAV as on 26/02/2021. Past performance may or may not be sustained in future. For other funds managed by the fund manager, please refer page no. 52 - 54 & the respective fund pages *Risk-free rate assumed to be 3.47% (FBIL OVERNIGHT MIBOR as on 26th February 2021). Ratios calculated on the basis of 3 years history of monthly data. ^Portfolio Turnover ratio is calculated as Lower of purchase or sale during the period / Average AUM for the last one year (includes Fixed Income securities and Equity derivatives). # Benchmark Returns. ## Alternate Benchmark Returns. NAV (`) as on February 26, 2021 Growth 511.7125 Dividend NA PORTFOLIO Name % of NAV Equity and Equity related Instruments 98.66% Banks 31.07% HDFC Bank 11.58% ICICI Bank 7.74% Kotak Mahindra Bank 4.38% Axis Bank 3.50% State Bank of India 2.77% IndusInd Bank 1.09% Software 16.91% Infosys 8.52% Tata Consultancy Services 5.55% HCL Technologies 1.80% Tech Mahindra 1.05% Finance 12.11% HDFC 8.49% Bajaj Finance 2.54% Bajaj Finserv 1.07% Petroleum Products 11.97% Reliance Industries 11.97% Consumer Non Durables 9.75% Hindustan Unilever 3.49% ITC 3.28% Asian Paints 1.86% Name % of NAV Nestle India 1.12% Auto 4.01% Maruti Suzuki India 1.72% Mahindra & Mahindra 1.40% Bajaj Auto 0.90% Construction Project 3.24% Larsen & Toubro 3.24% Telecom-Services 2.45% Bharti Airtel 2.45% Pharmaceuticals 2.15% Sun Pharmaceutical Industries 1.16% Dr.Reddy's Laboratories 0.98% Power 1.90% Power Grid Corporation of India 0.99% NTPC 0.91% Cement 1.27% UltraTech Cement 1.27% Consumer Durables 1.09% Titan Company 1.09% Oil 0.73% Oil & Natural Gas Corporation 0.73% Net Cash and Cash Equivalent 1.34% Grand Total 100.00% This product is suitable for investors who are seeking*: To create wealth over long term. • Investing in equity and equity related instruments • forming part of S&P BSE Sensex Index. *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. Top 10 Equity Holdings Investors understand that their principal will be at Very High risk
- 27. 27 IDFC Nifty ETF An open ended scheme tracking NIFTY 50 Index 28th February 2021 FUND FEATURES INDUSTRY ALLOCATION About the Fund: An open-ended Exchange Traded Fund that seeks to provide returns that, before expenses, closely correspond to the total return of the Nifty 50, subject to tracking errors. Category: Exchange Traded Fund Monthly Avg AUM: ` 18.54 Crores Month end AUM: ` 18.08 Crores Inception Date: 07 October 2016 Fund Manager: Mr. Yogik Pitti Other Parameter: Beta 0.98 R Square 1.00 Standard Deviation (Annualized) 21.87% Sharpe* 0.42 Portfolio Turnover Equity 0.06 Aggregate^ 0.06 Tracking Error (Annualized) 0.70% Total Expense Ratio: 0.16% Benchmark: Nifty 50 TRI SIP (Minimum Amount): NA SIP Frequency: NA SIP Dates (Monthly): NA Investment Objective: Refer Pg No from 63 to 64 Minimum Investment Amount: Directly with Fund - Authorised Participants and Large Investors can directly purchase / redeem in blocks from the fund in “Creation unit size” on any business day. On the Exchange - The units of the Scheme can be purchased and sold in minimum lot of 1 unit and in multiples thereof Option Available: Presently the scheme does not offer any Plan/Options for Investment. Exit Load: Nil Performance Table Scheme Name CAGR Returns (%) Current Value of Investment of ` 10,000 1 Year 3 Years 5 Years Since Inception Oct 07, 2016 1 Year 3 Years 5 Years Since Inception Oct 07, 2016 IDFC Nifty ETF 30.73% 12.64% NA 13.48% 13,063 14,287 NA 17,424 Nifty 50 TRI# 31.37% 12.88% NA 13.77% 13,127 14,378 NA 17,623 The scheme has been in existence for more than 3 year but less than 5 years. Performance based on NAV as on 26/02/2021. Past performance may or may not be sustained in future. For other funds managed by the fund manager, please refer page no. 52 - 54 & the respective fund pages *Risk-free rate assumed to be 3.47% (FBIL OVERNIGHT MIBOR as on 26th February 2021). Ratios calculated on the basis of 3 years history of monthly data. ^Portfolio Turnover ratio is calculated as Lower of purchase or sale during the period / Average AUM for the last one year (includes Fixed Income securities and Equity derivatives). # Benchmark Returns. NAV (`) as on February 26, 2021 Growth 151.5454 Dividend NA PORTFOLIO Name % of NAV Equity and Equity related Instruments 98.55% Banks 27.61% HDFC Bank 10.62% ICICI Bank 6.65% Kotak Mahindra Bank 4.20% Axis Bank 2.83% State Bank of India 2.38% IndusInd Bank 0.93% Yes Bank 0.00% Software 15.58% Infosys 7.39% Tata Consultancy Services 4.77% HCL Technologies 1.55% Wipro 0.97% Tech Mahindra 0.90% Finance 11.81% HDFC 7.29% Bajaj Finance 2.21% Bajaj Finserv 0.91% HDFC Life Insurance Company 0.87% SBI Life Insurance Company 0.53% Petroleum Products 11.23% Reliance Industries 10.30% Bharat Petroleum Corporation 0.55% Indian Oil Corporation 0.39% Consumer Non Durables 8.96% Hindustan Unilever 3.01% ITC 2.81% Asian Paints 1.61% Nestle India 0.91% Britannia Industries 0.62% Auto 5.51% Maruti Suzuki India 1.45% Mahindra & Mahindra 1.20% Tata Motors 0.89% Bajaj Auto 0.77% Hero MotoCorp 0.66% Name % of NAV Eicher Motors 0.54% Pharmaceuticals 3.13% Sun Pharmaceutical Industries 1.00% Dr. Reddy's Laboratories 0.84% Divi's Laboratories 0.68% Cipla 0.62% Construction Project 2.79% Larsen & Toubro 2.79% Cement 2.39% UltraTech Cement 1.11% Grasim Industries 0.72% Shree Cement 0.56% Telecom - Services 2.10% Bharti Airtel 2.10% Power 1.63% Power Grid Corporation of India 0.85% NTPC 0.78% Ferrous Metals 1.42% Tata Steel 0.84% JSW Steel 0.59% Consumer Durables 0.93% Titan Company 0.93% Non - Ferrous Metals 0.77% Hindalco Industries 0.77% Transportation 0.74% Adani Ports and Special Economic Zone 0.74% Oil 0.62% Oil & Natural Gas Corporation 0.62% Minerals/Mining 0.47% Coal India 0.47% Pesticides 0.46% UPL 0.46% Gas 0.40% GAIL(India) 0.40% Net Cash and Cash Equivalent 1.45% Grand Total 100.00% This product is suitable for investors who are seeking*: To create wealth over long term. • Investing in equity and equity related instruments • forming part of Nifty 50 index. *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. Banks 27.61% Software 15.58% Finance 11.81% Petroleum Products 11.23% Consumer Non Durables 8.96% Auto 5.51% Pharmaceuticals 3.13% Construction Project 2.79% Cement 2.39% Telecom - Services 2.10% Power 1.63% Ferrous Metals 1.42% Consumer Durables 0.93% Non - Ferrous Metals 0.77% Transportation 0.74% Oil 0.62% Minerals/Mining 0.47% Pesticides 0.46% Gas 0.40% Top 10 Equity Holdings Investors understand that their principal will be at Very High risk
- 28. 28 IDFC Arbitrage Fund An open ended scheme investing in arbitrage opportunities 28th February 2021 FUND FEATURES About the Fund: The fund invests in arbitrage opportunities in the cash and the derivative segments of the equity markets. It aims to capture the spread (Cost of Carry) between the cash and futures market by simultaneously executing buy (in the cash market) and sell (in the futures market) trades. The balance is invested in debt and money market instruments. The fund typically follows a strategy of taking market neutral (equally offsetting) positions in the equity market making it a low risk product irrespective of the movements in equity market. Category: Arbitrage Monthly Avg AUM: ` 6,928.56 Crores Month end AUM: ` 6,965.45 Crores Inception Date: 21 December 2006 Fund Manager: Equity Portion: Mr. Yogik Pitti (w.e.f. 27th June 2013), Mr. Arpit Kapoor (w.e.f. 1st March 2017) & Debt Portion: Mr. Harshal Joshi (w.e.f. 20th October 2016) Other Parameter: Beta 0.67 R Square 0.58 Standard Deviation (Annualized) 0.84% Sharpe* 2.03 Portfolio Turnover Equity 2.53 Aggregate^ 13.15 Total Expense Ratio Regular 0.97% Direct 0.37% Benchmark: Nifty 50 Arbitrage Index (w.e.f. April 01, 2018) SIP (Minimum Amount): ` 100/- SIP Frequency: Monthly SIP Dates (Monthly): Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment. Investment Objective: Refer Pg No from 63 to 64 Minimum Investment Amount: ` 100/- and any amount thereafter Option Available: Growth, Dividend - (Payout,Reinvestment and Sweep (from Equity Schemes to Debt Schemes only)) - Monthly & Annual Exit Load: 0.25% if redeemed / switched-out within 1 month from the date of allotment (w.e.f 01st July 2016) Performance Table Scheme Name CAGR Returns (%) Current Value of Investment of ` 10,000 1 Year 3 Years 5 Years Since Inception Dec 21, 2006 1 Year 3 Years 5 Years Since Inception Dec 21, 2006 IDFC Arbitrage Fund 2.90% 5.16% 5.55% 6.78% 10,289 11,629 13,099 25,378 Nifty 50 Arbitrage Index# 1.86% 4.54% 4.84% NA 10,186 11,423 12,662 NA Nifty 50 TRI## 31.37% 12.88% 17.29% 11.17% 13,127 14,378 22,189 44,976 Performance based on NAV as on 26/02/2021. Past performance may or may not be sustained in future. For other funds managed by the fund manager, please refer page no. 52 - 54 & the respective fund pages The performances given are of regular plan growth option. Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc. *Risk-free rate assumed to be 3.47% (FBIL OVERNIGHT MIBOR as on 26th February 2021). Ratios calculated on the basis of 3 years history of monthly data. ^Portfolio Turnover ratio is calculated as Lower of purchase or sale during the period / Average AUM for the last one year (includes Fixed Income securities and Equity derivatives). # Benchmark Returns. ## Alternate Benchmark Returns. SIP PERFORMANCE Monthly SIP of ` 10,000 in IDFC Arbitrage Fund - Regular Plan - Growth 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception Dec 21, 2006 Total Amount Invested (`) 1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 17,10,000 Total Value as on February 26, 2021 (`) 1,21,966 3,85,372 6,81,814 10,18,920 16,44,529 27,70,350 Fund Returns (%) 3.11 4.50 5.07 5.45 6.15 6.48 Total Value of Nifty 50 Arbitrage Index# 1,21,695 3,82,166 6,69,595 9,96,393 15,96,991 NA Nifty 50 Arbitrage Index Returns (%)# 2.68 3.94 4.35 4.82 5.59 NA Total Value of Nifty 50 TRI## 1,59,134 4,78,574 8,87,454 13,63,654 24,11,710 43,56,677 Nifty 50 TRI (%)## 67.10 19.51 15.71 13.63 13.40 12.22 Past performance may or may not be sustained in future.Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken into consideration. To illustrate the advantages of SIP investment, this is how your investment would have grown if you had invested say `10,000 systematically on the first business Day of every month over a period of time. Returns are calculated by using XIRR approach. XIRR helps in calculating return on investment given an initial and final value and a series of cash inflows and outflows with the correct allowance for the time impact of the transactions. Data as on 26th February 2021 INDUSTRY ALLOCATION NAV (`) as on February 26, 2021 Regular Plan Growth 25.3782 Regular Plan Monthly Dividend 12.8270 Regular Plan Annual Dividend 10.4696 This product is suitable for investors who are seeking*: To generate low volatility returns over short to • medium term. Investments predominantly in arbitrage opportunities in • the cash and derivative segments of the equity markets with balance exposure in debt and money market instruments. *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. PORTFOLIO Name Industries % of NAV ICICI Bank Banks 5.98% Sun Pharmaceutical Industries Pharmaceuticals 3.48% HDFC Finance 2.86% Larsen & Toubro Construction Project 2.73% Bharti Airtel Telecom-Services 2.71% ITC Consumer Non Durables 2.64% Asian Paints Consumer Non Durables 2.27% Axis Bank Banks 2.25% Maruti Suzuki India Auto 2.19% Adani Ports and Special Economic Zone Transportation 1.96% Reliance Industries Petroleum Products 1.86% Tata Steel Ferrous Metals 1.71% Vedanta Non-Ferrous Metals 1.46% Colgate Palmolive (India) Consumer Non Durables 1.45% Tata Consumer Products Consumer Non Durables 1.21% Hindustan Unilever Consumer Non Durables 1.18% Grasim Industries Cement 1.15% Bajaj Auto Auto 1.10% Tata Motors Auto 1.07% Pidilite Industries Chemicals 1.05% SBI Life Insurance Company Finance 1.04% Tata Power Company Power 1.04% Tech Mahindra Software 1.01% Divi's Laboratories Pharmaceuticals 0.94% Eicher Motors Auto 0.87% State Bank of India Banks 0.84% NTPC Power 0.84% Bajaj Finserv Finance 0.81% Info Edge (India) Software 0.79% JSW Steel Ferrous Metals 0.74% United Spirits Consumer Non Durables 0.72% Exide Industries Auto Ancillaries 0.69% Lupin Pharmaceuticals 0.69% Dabur India Consumer Non Durables 0.65% Tata Chemicals Chemicals 0.65% Mahindra & Mahindra Auto 0.63% Titan Company Consumer Durables 0.63% ACC Cement 0.60% The Federal Bank Banks 0.60% Cipla Pharmaceuticals 0.59% Indian Oil Corporation Petroleum Products 0.56% Hindustan Petroleum Corporation Petroleum Products 0.50% Ambuja Cements Cement 0.45% Tata Consultancy Services Software 0.44% Adani Enterprises Trading 0.42% Apollo Tyres Auto Ancillaries 0.40% Steel Authority of India Ferrous Metals 0.39% SRF Industrial Products 0.36% UPL Pesticides 0.36% Ashok Leyland Auto 0.35% Havells India Consumer Durables 0.35% Max Financial Services Finance 0.34% Nestle India Consumer Non Durables 0.33% GMR Infrastructure Construction Project 0.33% Page Industries Textile Products 0.32% Bharat Electronics Industrial Capital Goods 0.28% Power Finance Corporation Finance 0.27% Bharat Heavy Electricals Industrial Capital Goods 0.22% Britannia Industries Consumer Non Durables 0.20% Infosys Software 0.19% Voltas Consumer Durables 0.18% Torrent Pharmaceuticals Pharmaceuticals 0.18% HCLTechnologies Software 0.18% Berger Paints (I) Consumer Non Durables 0.17% Name Industries % of NAV UltraTech Cement Cement 0.16% Canara Bank Banks 0.16% Manappuram Finance Finance 0.16% ICICI Prudential Life Insurance Company Finance 0.15% Marico Consumer Non Durables 0.15% Sun TV Network Media & Entertainment 0.14% Cadila Healthcare Pharmaceuticals 0.12% Escorts Auto 0.12% Container Corporation of India Transportation 0.12% Dr.Reddy's Laboratories Pharmaceuticals 0.11% ICICI Lombard General Insurance Company Finance 0.10% Petronet LNG Gas 0.10% Indraprastha Gas Gas 0.09% Motherson Sumi Systems Auto Ancillaries 0.09% Biocon Pharmaceuticals 0.09% GAIL(India) Gas 0.08% Godrej Consumer Products Consumer Non Durables 0.08% TVS Motor Company Auto 0.08% DLF Construction 0.08% Bata India Consumer Durables 0.08% IndusInd Bank Banks 0.08% Bharat Petroleum Corporation Petroleum Products 0.07% Torrent Power Power 0.07% Aurobindo Pharma Pharmaceuticals 0.07% MRF Auto Ancillaries 0.06% Shree Cement Cement 0.06% HDFC Life Insurance Company Finance 0.05% Bharat Forge Industrial Products 0.04% Zee Entertainment Enterprises Media & Entertainment 0.04% Glenmark Pharmaceuticals Pharmaceuticals 0.03% Hindalco Industries Non - Ferrous Metals 0.03% Cummins India Industrial Products 0.03% The Ramco Cements Cement 0.03% Jindal Steel & Power Ferrous Metals 0.02% Jubilant Foodworks Consumer Non Durables 0.02% Balkrishna Industries Auto Ancillaries 0.02% Bosch Auto Ancillaries 0.02% Shriram Transport Finance Company Finance 0.02% Bajaj Finance Finance 0.02% Mahanagar Gas Gas 0.02% LIC Housing Finance Finance 0.01% HDFC Bank Banks 0.01% MindTree Software 0.01% Kotak Mahindra Bank Banks 0.01% Siemens Industrial Capital Goods 0.004% InterGlobe Aviation Transportation 0.004% HDFC Asset Management Company Finance 0.003% Aarti Industries Chemicals 0.002% Punjab National Bank Banks 0.001% Dr. Lal Path Labs Healthcare Services 0.001% Total Hedged Equity 68.54% Treasury Bill 21.09% Corporate Bond 3.08% Commercial Paper 1.39% Margin Fixed Deposit 0.98% PTC^ 0.66% Zero Coupon Bond 0.02% Net Cash and Cash Equivalent 4.24% Grand Total 100.00% Consumer Non Durables 11.08% Banks 9.92% Auto 6.39% Pharmaceuticals 6.30% Finance 5.84% Construction Project 3.06% Petroleum Products 3.00% Ferrous Metals 2.86% Telecom - Services 2.71% Software 2.62% Cement 2.43% Transportation 2.08% Power 1.95% Chemicals 1.70% Non - Ferrous Metals 1.49% Auto Ancillaries 1.28% Consumer Durables 1.24% Industrial Capital Goods 0.50% Industrial Products 0.43% Trading 0.42% Pesticides 0.36% Textile Products 0.32% Gas 0.29% Media & Entertainment 0.18% Construction 0.08% Healthcare Services 0.001% ^ First Business Receivables Trust- wt. avg. mat: 1.98 years (PTC originated by Reliance Industries Limited) Investors understand that their principal will be at Low risk
- 29. 29 IDFC Equity Savings Fund An open ended scheme investing in equity, arbitrage and debt 28th February 2021 FUND FEATURES INDUSTRY ALLOCATION About the Fund: IDFC Equity Savings Fund is a hybrid scheme investing in equity, arbitrage and debt with net equity exposure ranging from 20-45% and debt exposure ranging from 20-35%, remaining being in arbitrage. Category: Equity Savings Monthly Avg AUM: ` 53.80 Crores Month end AUM: ` 53.36 Crores Inception Date: 9 June 2008 Fund Manager: Equity Portion: Mr. Yogik Pitti (w.e.f. 27th June 2013), Mr. Sachin Relekar (w.e.f. 08th December 2020)£ & Debt Portion: Mr. Harshal Joshi (w.e.f. 20th October 2016) Other Parameter: Beta 0.58 R Square 0.86 Standard Deviation (Annualized) 9.05% Sharpe* 0.32 Modified Duration£ 0.96 years Average Maturity£ 1.09 years Macaulay Duration£ 1.01 years Yield to Maturity£ 4.05% £ For debt allocation only Portfolio Turnover Equity 0.69 Aggregate^ 5.53 Total Expense Ratio Regular 2.34% Direct 1.27% Benchmark: 30% Nifty 50 TRI + 70% CRISIL Liquid Fund Index (w.e.f. Monday, April 30, 2018) SIP (Minimum Amount): ` 100/- (Minimum 6 instalments) SIP Frequency: Monthly SIP Dates (Monthly): Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment. Investment Objective: Refer Pg No from 63 to 64 Minimum Investment Amount: ` 5,000/- and any amount thereafter Option Available: Growth & Dividend Option - Monthly, Quarterly and Annual and Payout, Reinvestment & Sweep facilities (from Equity Schemes to Debt Schemes Only). Exit Load: In respect of each purchase of Units: - For 10% of investment : Nil - For remaining investment: 1% if redeemed/switched out within 1 (one) year from the date of allotment Pharmaceuticals 8.25% Software 7.62% Petroleum Products 7.46% Transportation 6.33% Finance 5.54% Telecom - Services 5.10% Auto 4.60% Banks 4.45% Consumer Non Durables 4.01% Auto Ancillaries 2.77% Performance Table Scheme Name CAGR Returns (%) Current Value of Investment of ` 10,000 1 Year 3 Years 5 Years Since Inception Jun 09, 2008 1 Year 3 Years 5 Years Since Inception Jun 09, 2008 IDFC Equity Savings Fund$ 13.06% 6.36% 6.28% 6.76% 11,302 12,029 13,558 23,000 30% Nifty 50 TRI + 70% CRISIL Liquid Fund Index 22.52% 10.52% 9.12% 8.25% 12,245 13,497 15,464 27,411 Nifty 50 TRI## 31.37% 12.88% 17.29% 10.97% 13,127 14,378 22,189 37,620 Performance based on NAV as on 26/02/2021. Past performance may or may not be sustained in future. For other funds managed by the fund manager, please refer page no. 52 - 54 & the respective fund pages The performances given are of regular plan growth option. Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc. *Risk-free rate assumed to be 3.47% (FBIL OVERNIGHT MIBOR as on 26th February 2021). Ratios calculated on the basis of 3 years history of monthly data. ^Portfolio Turnover ratio is calculated as Lower of purchase or sale during the period / Average AUM for the last one year (includes Fixed Income securities and Equity derivatives). # Benchmark Returns. ## Alternate Benchmark Returns. $ The fund has been repositioned from an arbitrage fund to an equity savings fund w.e.f. April 30, 2018. Current Index performance adjusted for the period from since inception to April 30, 2018 with the performance of CRISIL Liquid Fund Index (Benchmark) £ The Scheme was being managed by Mr. Yogik Pitti, Mr. Rajendra Kumar Mishra and Mr. Harshal Joshi, upto December 7, 2020 SIP PERFORMANCE Monthly SIP of ` 10,000 in IDFC Equity Savings Fund - Regular Plan - Growth 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception Jun 09, 2008 Total Amount Invested (`) 1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 15,30,000 Total Value as on February 26, 2021 (`) 1,32,910 4,12,066 7,17,122 10,63,632 16,98,820 23,99,021 Fund Returns (%) 20.98 9.03 7.09 6.66 6.77 6.79 Total Value of 30% Nifty 50 TRI + 70% CRISIL Liquid Fund Index# 1,46,133 4,48,751 7,95,588 11,98,511 19,47,736 27,80,103 30% Nifty 50 TRI + 70% CRISIL Liquid Fund Index Returns (%)# 43.69 14.94 11.27 10.01 9.38 8.93 Total Value of Nifty 50 TRI## 1,59,134 4,78,622 8,87,502 13,63,702 24,11,758 36,85,474 Nifty 50 TRI (%)## 67.10 19.52 15.71 13.63 13.40 12.95 Past performance may or may not be sustained in future.Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken into consideration. To illustrate the advantages of SIP investment, this is how your investment would have grown if you had invested say `10,000 systematically on the first business Day of every month over a period of time. Returns are calculated by using XIRR approach. XIRR helps in calculating return on investment given an initial and final value and a series of cash inflows and outflows with the correct allowance for the time impact of the transactions. Data as on 26th February 2021 Construction Project 2.68% Ferrous Metals 2.12% Cement 1.15% Power 1.14% Gas 1.12% Industrial Capital Goods 0.89% Consumer Durables 0.75% Fertilisers 0.58% Pesticides 0.48% NAV (`) as on February 26, 2021 Regular Plan Growth 23.00 Regular Plan Monthly Dividend 13.55 Regular Plan Annual Dividend 11.94 Regular Plan Quarterly 11.47 PORTFOLIO Name Industries % of NAV Reliance Industries Petroleum Products 7.46% Adani Ports and Special Economic Zone Transportation 6.33% Tata Consultancy Services Software 5.10% Bharti Airtel Telecom-Services 5.10% Sun Pharmaceutical Industries Pharmaceuticals 3.61% Aurobindo Pharma Pharmaceuticals 2.92% Larsen & Toubro Construction Project 2.68% HDFC Bank Banks 2.59% JSW Steel Ferrous Metals 2.00% Godrej Consumer Products Consumer Non Durables 1.93% Mahindra & Mahindra Auto 1.90% Dabur India Consumer Non Durables 1.89% ICICI Bank Banks 1.79% Bajaj Auto Auto 1.71% Infosys Software 1.69% MRF Auto Ancillaries 1.57% SBI Life Insurance Company Finance 1.34% HDFC Finance 1.33% Exide Industries Auto Ancillaries 1.20% UltraTech Cement Cement 1.15% Torrent Power Power 1.14% Gujarat State Petronet Gas 1.12% Sundaram Finance Finance 1.04% ICICI Prudential Life Insurance Company Finance 1.04% Maruti Suzuki India Auto 0.99% Name Industries % of NAV Thermax Industrial Capital Goods 0.89% Tech Mahindra Software 0.83% Crompton Greaves Consumer Electricals Consumer Durables 0.72% Torrent Pharmaceuticals Pharmaceuticals 0.68% HDFC Life Insurance Company Finance 0.66% Alkem Laboratories Pharmaceuticals 0.60% Coromandel International Fertilisers 0.58% Rallis India Pesticides 0.48% Dr.Reddy's Laboratories Pharmaceuticals 0.25% Laurus Labs Pharmaceuticals 0.20% Nestle India Consumer Non Durables 0.15% APLApollo Tubes Ferrous Metals 0.12% Bajaj Finance Finance 0.10% Axis Bank Banks 0.07% Britannia Industries Consumer Non Durables 0.04% ICICI Securities Finance 0.03% Amber Enterprises India Consumer Durables 0.03% Total Hedged Equity 67.05% Corporate Bond 9.73% Exchange Traded Funds 8.56% Treasury Bill 9.34% Net Cash and Cash Equivalent 5.33% Grand Total 100.00% This product is suitable for investors who are seeking*: To generate long term capital growth and income. • Investment predominantly in Equity and Equity • related securities (including arbitrage and other derivative strategies) as well as Fixed Income securities. *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. Investors understand that their principal will be at Moderate risk
- 30. 30 IDFC Dynamic Equity Fund An open ended dynamic asset allocation fund 28th February 2021 FUND FEATURES PORTFOLIO Performance Table Scheme Name CAGR Returns (%) Current Value of Investment of ` 10,000 1 Year 3 Years 5 Years Since Inception Oct 10, 2014 1 Year 3 Years 5 Years Since Inception Oct 10, 2014 IDFC Dynamic Equity Fund 14.31% 8.33% 9.74% 7.83% 11,427 12,709 15,914 16,180 50% S&P BSE 200 TRI + 50% NIFTY AAA Short Duration Bond Index# 23.02% 10.78% 13.62% 10.75% 12,295 13,593 18,928 19,190 Nifty 50 TRI## 31.37% 12.88% 17.29% 11.44% 13,127 14,378 22,189 19,972 Performance based on NAV as on 26/02/2021. Past performance may or may not be sustained in future. For other funds managed by the fund manager, please refer page no. 52 - 54 & the respective fund pages The performances given are of regular plan growth option. Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc. *Risk-free rate assumed to be 3.47% (FBIL OVERNIGHT MIBOR as on 26th February 2021). Ratios calculated on the basis of 3 years history of monthly data. ^Portfolio Turnover ratio is calculated as Lower of purchase or sale during the period / Average AUM for the last one year (includes Fixed Income securities and Equity derivatives). The portfolio will be rebalanced within the first three working days of the next month. # Benchmark Returns. ## Alternate Benchmark Returns. The fund has been repositioned from a Nifty linked fund to an open banded fund w.e.f. June 19, 2017. SIP PERFORMANCE Monthly SIP of ` 10,000 in IDFC Dynamic Equity - Regular Plan - Growth 1 Year 3 Years 5 Years Since Inception Oct 10, 2014 Total Amount Invested (`) 1,20,000 3,60,000 6,00,000 7,70,000 Total Value as on February 26, 2021 (`) 1,36,990 4,31,213 7,69,848 10,29,942 Fund Returns (%) 27.86 12.15 9.94 8.97 Total Value of 50% S&P BSE 200 TRI + 50% NIFTY AAA Short Duration Bond Index# 1,44,100 4,52,333 8,24,331 11,28,104 50% S&P BSE 200 TRI + 50% NIFTY AAA Short Duration Bond Index Returns (%)# 40.12 15.50 12.71 11.78 Total Value of Nifty 50 TRI## 1,59,134 4,78,670 8,87,677 12,09,152 Nifty 50 TRI (%)## 67.10 19.52 15.72 13.92 Past performance may or may not be sustained in future.Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken into consideration. To illustrate the advantages of SIP investment, this is how your investment would have grown if you had invested say `10,000 systematically on the first business Day of every month over a period of time. Returns are calculated by using XIRR approach. XIRR helps in calculating return on investment given an initial and final value and a series of cash inflows and outflows with the correct allowance for the time impact of the transactions. Data as on 26th February 2021 Top 10 Equity Holdings Name Rating % of NAV Equity and Equity related Instruments 64.81% Net Equity Exposure 35.50% Banks 6.44% ICICI Bank 5.76% ICICI Bank - Equity Futures -2.50% HDFC Bank 3.18% Axis Bank 1.32% Axis Bank - Equity Futures -1.33% Software 6.40% Infosys 5.58% Infosys - Equity Futures -1.61% Tata Consultancy Services 3.22% Tata Consultancy Services - Equity Futures -3.23% Tech Mahindra 2.40% Tech Mahindra-Equity Futures -1.60% Wipro 0.86% HCL Technologies 0.67% HCL Technologies - Equity Futures -0.11% Coforge 0.35% Coforge - Equity Futures -0.35% Larsen & Toubro Infotech 0.22% Finance 5.44% Muthoot Finance 1.72% Muthoot Finance - Equity Futures -0.45% Bajaj Finserv 1.53% Bajaj Finserv - Equity Futures -0.64% HDFC Life Insurance Company 1.49% HDFC Life Insurance Company - Equity Futures -0.81% Cholamandalam Invt and Fin Co 1.28% Bajaj Finance 0.55% Aavas Financiers 0.42% Mas Financial Services 0.34% Auto Ancillaries 4.16% Minda Industries 1.08% MRF 0.86% Endurance Technologies 0.64% Tube Investments of India 0.60% Sandhar Technologies 0.53% Balkrishna Industries 0.48% Balkrishna Industries - Equity Futures -0.48% Jamna Auto Industries 0.45% Pharmaceuticals 3.27% Divi's Laboratories 2.24% Divi's Laboratories - Equity Futures -0.89% Aurobindo Pharma 1.53% Aurobindo Pharma - Equity Futures -0.52% Cipla 1.50% Cipla - Equity Futures -1.50% Alkem Laboratories 0.63% Dr.Reddy's Laboratories 0.41% Dr. Reddy's Laboratories - Equity Futures -0.41% IPCA Laboratories 0.30% Consumer Non Durables 3.07% Hindustan Unilever 2.15% Hindustan Unilever - Equity Futures -0.80% Nestle India 1.24% Dabur India 0.61% Dabur India - Equity Futures -0.62% Name Rating % of NAV Burger King India 0.48% Tata Consumer Products 0.33% Tata Consumer Products-Equity Futures -0.34% Cement 2.99% JK Cement 1.24% UltraTech Cement 1.13% Ambuja Cements 0.61% Petroleum Products 2.85% Reliance Industries 4.55% Reliance Industries - Equity Futures -1.69% Telecom - Services 2.52% Bharti Airtel 3.40% Bharti Airtel - Equity Futures -0.87% Industrial Products 1.94% SRF 0.67% SRF - Equity Futures -0.29% Supreme Industries 0.63% Shaily Engineering Plastics 0.60% AIA Engineering 0.34% Construction Project 0.59% Larsen & Toubro 1.72% Larsen & Toubro - Equity Futures -1.37% KEC International 0.24% Pesticides 0.54% PI Industries 0.54% Healthcare Services 0.50% Gland Pharma 0.50% Construction 0.47% PNC Infratech 0.47% Gas 0.37% Indraprastha Gas 0.54% Indraprastha Gas - Equity Futures -0.17% Retailing 0.37% Avenue Supermarts 0.37% Chemicals 0.31% Chemcon Speciality Chemicals 0.31% Index -6.74% Nifty 50 Index - Equity Futures -6.74% Treasury Bill 10.15% 182 Days Tbill - 2021 SOV 3.39% 91 Days Tbill - 2021 SOV 3.38% 364 Days Tbill - 2021 SOV 3.38% Government Bond 7.49% 5.22% - 2025 G-Sec SOV 3.03% 7.17% - 2028 G-Sec SOV 2.96% 5.15% - 2025 G-Sec SOV 1.50% Corporate Bond 6.22% Reliance Industries AAA 2.40% Power Finance Corporation AAA 1.58% NABARD AAA 1.26% REC AAA 0.95% NTPC AAA 0.02% Commercial Paper 2.98% LIC Housing Finance A1+ 1.49% HDFC A1+ 1.49% Net Cash and Cash Equivalent (including Fixed Deposit) 8.35% Grand Total 100.00% The balance will be invested in debt and money market securities. Bloomberg Nifty P/E data as of 28th February 2021 indicates a value of 32.3 and equity band for the month of March will continue to be 30-40%. This product is suitable for investors who are seeking*: To create wealth over long term. • Dynamic allocation towards equity, derivatives, • debt and money market instruments. *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. NAV (`) as on February 26, 2021 PE Bands Equity Allocation <12 90 - 100 12 - 16 75 - 90 16 - 19 65 - 75 19 - 22 55 - 65 22 - 26 40 - 55 >26 30 - 40 The equity exposure of the scheme’s portfolio will be determined as follows: Regular Plan Growth 16.18 Regular Plan Dividend 12.39 About the Fund: ‘Dynamically’ invests between Equity and Debt • An Equity fund that buys less when markets are • expensive and more when markets are cheap Based on the model that tracks market valuation • Category: Dynamic Asset Allocation or Balanced Advantage Monthly Avg AUM: ` 1,562.62 Crores Month end AUM: ` 1,621.52 Crores Inception Date: 10 October 2014 Fund Manager: Equity Portion: Mr. Arpit Kapoor & Mr. Sumit Agrawal (w.e.f. 01st March 2017), Debt Portion: Mr. Arvind Subramanian (w.e.f. 09th November 2015) Other Parameter: Standard Deviation (Annualized) 13.94% Beta 1.01 R Square 0.88 Sharpe* 0.35 Modified Duration£ 2.04 years Average Maturity£ 2.53 years Macaulay Duration£ 2.12 years Yield to Maturity£ 4.65% £ For debt allocation only Portfolio Turnover Equity 0.36 Aggregate^ 3.62 Total Expense Ratio Regular 2.12% Direct 0.58% Benchmark: 50% S&P BSE 200 TRI + 50% NIFTY AAA Short Duration Bond Index (w.e.f. Nov. 11, 2019) SIP (Minimum Amount): ` 100/- (Minimum 6 instalments) SIP Frequency: Monthly SIP Dates (Monthly): Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment. Investment Objective: Refer Pg No from 63 to 64 Minimum Investment Amount : ` 5,000/- and any amount thereafter Option Available: Growth, Dividend (Payout, Reinvestment and Sweep (from Equity Schemes to Debt Schemes only)) Exit Load: In respect of each purchase of Units: - For 10% of investment: Nil - For remaining investment: 1% if redeemed/ switched out within 1 year from the date of allotment (w.e.f. July 5, 2017) SECTOR ALLOCATION MARKET CAP Large Cap 73.60% Mid Cap 18.34% Small Cap 8.07% Investors understand that their principal will be at High risk
- 31. 31 IDFC Hybrid Equity Fund An open ended hybrid scheme investing predominantly in equity and equity related instruments 28th February 2021 FUND FEATURES INDUSTRY ALLOCATION About the Fund: IDFC Hybrid Equity Fund provides a combination of equity (between 65% and 80%) and debt (between 20% and 35%) so as to provide both relative stability of returns and potential of growth. Both equity and fixed income portions are actively managed. Category: Aggressive Hybrid Monthly Avg AUM: ` 522.85 Crores Month end AUM: ` 509.45 Crores Inception Date: 30 December 2016 Fund Manager@ : Equity Portion: Mr. Anoop Bhaskar Debt Portion: Mr. Anurag Mittal Other Parameter: Standard Deviation (Annualized) 18.09% Beta 1.10 R Square 0.95 Sharpe* 0.19 Modified Duration£ 1.93 years Average Maturity£ 2.28 years Macaulay Duration£ 2.01 years Yield to Maturity£ 4.95% £ For debt allocation only Portfolio Turnover Equity 0.29 Aggregate^ 0.70 Total Expense Ratio Regular 2.46% Direct 1.17% Benchmark: 65% S&P BSE 200 TRI + 35% NIFTY AAA Short Duration Bond Index (with effect from November 11, 2019) SIP (Minimum Amount): ` 100/- (Minimum 6 instalments) SIP Frequency: Monthly SIP Date (Monthly): Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment. Investment Objective: Refer Pg No from 63 to 64 Minimum Investment Amount: ` 5,000/- and any amount thereafter Option Available: Growth & Dividend (Payout, Reinvestment & Sweep facility) Exit Load: 10% of investment: Nil Remaining investment: 1% if redeemed/switched out within 1 year from the date of allotment NAV (`) as on February 26, 2021 Regular Plan Growth 13.97 Regular Plan Dividend 12.66 This product is suitable for investors who are seeking*: To create wealth over long term. • Investment predominantly in equity and equity • related securities and balance exposure in debt and money market instruments. *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. PORTFOLIO Banks 17.95% Consumer Non Durables 10.99% Software 10.53% Pharmaceuticals 8.51% Construction Project 4.30% Auto 4.13% Chemicals 3.25% Telecom - Services 3.13% Cement 2.54% Consumer Durables 1.90% Auto Ancillaries 1.87% Petroleum Products 1.66% Healthcare Services 1.57% Hotels/ Resorts and Other Recreational Activities 1.43% Power 1.40% Retailing 1.40% Industrial Products 1.06% Industrial Capital Goods 1.06% Pesticides 0.79% Performance Table Scheme Name CAGR Returns (%) Current Value of Investment of ` 10,000 1 Year 3 Years 5 Years Since Inception Dec 30, 2016 1 Year 3 Years 5 Years Since Inception Dec 30, 2016 IDFC Hybrid Equity Fund - Growth$ 23.48% 6.83% NA 8.37% 12,341 12,189 NA 13,970 65% S&P BSE 200 TRI + 35% NIFTY AAA Short Duration Bond Index# 26.53% 11.22% NA 13.84% 12,645 13,754 NA 17,150 Nifty 50 TRI## 31.37% 12.88% NA 16.23% 13,127 14,378 NA 18,699 The scheme has been in existence for more than 3 year but less than 5 years. Performance based on NAV as on 26/02/2021. Past performance may or may not be sustained in future. For other funds managed by the fund manager, please refer page no. 52 - 54 & the respective fund pages The performances given are of regular plan growth option. Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc. *Risk-free rate assumed to be 3.47% (FBIL OVERNIGHT MIBOR as on 26th February 2021). Ratios calculated on the basis of 3 years history of monthly data. ^Portfolio Turnover ratio is calculated as Lower of purchase or sale during the period / Average AUM for the last one year (includes Fixed Income securities and Equity derivatives). The portfolio shall be rebalanced on the first business day of every month. # Benchmark Returns. ## Alternate Benchmark Returns. $ The fund has been repositioned from Balanced category to Aggressive Hybrid category w.e.f. April 30, 2018. @ Mr. Suyash Choudhary no longer manages the debt portion of the fund. For details please refer Notice (https://www.idfcmf.com/uploads/201120181124Change-in-the-Fund-Manager-for-the- Debt-Portion-of-IDFC-Hybrid-Equity-Fund.pdf ) SIP PERFORMANCE Monthly SIP of ` 10,000 in IDFC Hybrid Equity Fund - Regular Plan - Growth 1 Year 3 Years 5 Years Since Inception Dec 30, 2016 Total Amount Invested (`) 1,20,000 3,60,000 NA 5,10,000 Total Value as on February 26, 2021 (`) 1,51,425 4,46,157 NA 6,37,938 Fund Returns (%) 53.09 14.53 NA 10.56 Total Value of 65% S&P BSE 200 TRI + 35% NIFTY AAA Short Duration Bond Index# 1,49,262 4,62,196 NA 6,87,401 65% S&P BSE 200 TRI + 35% NIFTY AAA Short Duration Bond Index Returns (%)# 49.23 17.02 NA 14.16 Total Value of Nifty 50## 1,59,134 4,78,670 NA 7,18,070 Nifty 50 (%)## 67.10 19.52 NA 16.29 Past performance may or may not be sustained in future.Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken into consideration. To illustrate the advantages of SIP investment, this is how your investment would have grown if you had invested say `10,000 systematically on the first business Day of every month over a period of time. Returns are calculated by using XIRR approach. XIRR helps in calculating return on investment given an initial and final value and a series of cash inflows and outflows with the correct allowance for the time impact of the transactions. Data as on 26th February 2021 Top 10 Equity Holdings Name Rating % of NAV Equity and Equity related Instruments 79.46% Banks 17.95% ICICI Bank 7.48% HDFC Bank 5.66% Axis Bank 2.32% State Bank of India 1.43% City Union Bank 1.06% Consumer Non Durables 10.99% Tata Consumer Products 3.97% Nestle India 2.22% Radico Khaitan 2.09% Marico 1.67% ITC 1.04% Software 10.53% Infosys 5.93% HCL Technologies 3.22% Mastek 1.38% Pharmaceuticals 8.51% Laurus Labs 3.41% IPCA Laboratories 1.92% Sun Pharmaceutical Industries 1.75% Cipla 1.42% Construction Project 4.30% Larsen & Toubro 4.30% Auto 4.13% Tata Motors 2.58% Mahindra & Mahindra 1.56% Chemicals 3.25% Deepak Nitrite 3.25% Telecom - Services 3.13% Bharti Airtel 3.13% Cement 2.54% The Ramco Cements 1.36% UltraTech Cement 1.18% Consumer Durables 1.90% Bata India 1.07% Name Rating % of NAV Titan Company 0.83% Auto Ancillaries 1.87% MRF 1.87% Petroleum Products 1.66% Reliance Industries 1.66% Healthcare Services 1.57% Gland Pharma 1.57% Hotels/ Resorts and Other Recreational Activities 1.43% EIH 1.43% Power 1.40% Kalpataru PowerTransmission 1.40% Retailing 1.40% Avenue Supermarts 1.40% Industrial Products 1.06% EPL 1.06% Industrial Capital Goods 1.06% Bharat Electronics 1.06% Pesticides 0.79% Heranba Industries 0.79% Corporate Bond 10.44% HDFC AAA 5.98% LIC Housing Finance AAA 2.57% Power Finance Corporation AAA 1.07% NABARD AAA 0.62% L&T Finance AAA 0.20% Government Bond 6.89% 7.32%-2024 G-Sec SOV 4.16% 6.79% - 2027 G-Sec SOV 1.21% 8.24%-2027 G-Sec SOV 1.08% 7.17% - 2028 G-Sec SOV 0.41% 6.84%-2022 G-Sec SOV 0.03% State Government Bond 0.36% 8.68% Tamil Nadu SDL- 2021 SOV 0.28% 9.13% Gujarat SDL- 2022 SOV 0.08% Net Cash and Cash Equivalent 2.86% Grand Total 100.00% Investors understand that their principal will be at Very High risk
- 32. 32 IDFC Regular Savings Fund An open ended hybrid scheme investing predominantly in debt instruments 28th February 2021 FUND FEATURES About the Fund: IDFC Regular Savings Fund is a hybrid fund which offers up to 25% participation in the equity markets with the balance invested in fixed income. The Equity portfolio of the fund is an actively managed all cap portfolio. The Fixed Income portfolio is also actively managed with a mix of debt and money market instruments. Category: Conservative Hybrid Monthly Avg AUM: ` 178.78 Crores Month end AUM: ` 177.66 Crores Inception Date: 25 February 2010 Fund Manager: Equity Portion: Mr. Sumit Agrawal (w.e.f. 20th October 2016) Debt Portion: Mr. Anurag Mittal (w.e.f. 09th November 2015) Other Parameter: Standard Deviation (Annualized) 8.59% Modified Duration£ 1.75 years Average Maturity£ 2.07 years Macaulay Duration£ 1.82 years Yield to Maturity£ 4.77% £ For debt allocation only Monthly income is not assured and is subject to availability of distributable surplus Total Expense Ratio Regular 2.18% Direct 1.21% Benchmark: 15% S&P BSE 200 TRI + 85% NIFTY AAA Short Duration Bond Index (with effect from November 11, 2019) SIP (Minimum Amount): ` 100/- (Minimum 6 instalments) SIP Frequency: Monthly SIP Dates (Monthly): Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment. Investment Objective: Refer Pg No from 63 to 64 Minimum Investment Amount: ` 5,000/- and any amount thereafter Option Available: Growth & Dividend Option - Payout, Reinvestment & Sweep facility and Quarterly & Regular. Exit Load: In respect of each purchase of Units: - For 10% of investment : Nil - For remaining investment: 1% if redeemed/switched- out within 365 days from the date of allotment (w.e.f. 24th August 2017) Performance Table Scheme Name CAGR Returns (%) Current Value of Investment of ` 10,000 1 Year 3 Years 5 Years Since Inception Feb 25, 2010 1 Year 3 Years 5 Years Since Inception Feb 25, 2010 IDFC Regular Savings Fund 7.63% 6.38% 8.13% 8.48% 10,761 12,036 14,776 24,494 15% S&P BSE 200 TRI + 85% NIFTY AAA Short Duration Bond Index 13.51% 9.51% 10.16% 9.09% 11,347 13,129 16,222 26,072 CRISIL 10 Year Gilt Index## 4.93% 8.94% 7.34% 6.77% 10,492 12,927 14,246 20,572 Performance based on NAV as on 26/02/2021. Past performance may or may not be sustained in future. The performances given are of regular plan growth option. Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc. For other funds managed by the fund manager, please refer page no. 52 - 54 & the respective fund pages # Benchmark Returns. ## Alternate Benchmark Returns. SIP PERFORMANCE Monthly SIP of ` 10,000 in IDFC Regular Savings Fund - Regular Plan - Growth 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception Feb 25, 2010 Total Amount Invested (`) 1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 13,30,000 Total Value as on February 26, 2021 (`) 1,27,656 4,04,687 7,13,408 10,84,876 18,23,463 21,29,032 Fund Returns (%) 12.30 7.80 6.88 7.21 8.12 8.19 Total Value of 15% S&P BSE 200 TRI + 85% NIFTY AAA Short Duration Bond Index# 1,30,346 4,25,268 7,68,421 11,78,226 19,79,980 23,09,376 15% S&P BSE 200 TRI + 85% NIFTY AAA Short Duration Bond Index Returns (%) 16.72 11.19 9.87 9.53 9.69 9.57 Total Value of CRISIL 10 Year Gilt Index## 1,20,790 4,03,787 7,12,826 10,89,040 17,50,734 20,14,885 CRISIL 10 Year Gilt Index Returns (%)## 1.25 7.64 6.85 7.32 7.35 7.25 Past performance may or may not be sustained in future.Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken into consideration. To illustrate the advantages of SIP investment, this is how your investment would have grown if you had invested say `10,000 systematically on the first business Day of every month over a period of time. Returns are calculated by using XIRR approach. XIRR helps in calculating return on investment given an initial and final value and a series of cash inflows and outflows with the correct allowance for the time impact of the transactions. Data as on 26th February 2021 NAV (`) as on February 26, 2021 Regular Plan Growth 24.4943 Regular Plan Dividend 13.4523 Regular Plan Quarterly Dividend 13.3761 This product is suitable for investors who are seeking*: To provide regular income and capital • appreciation over medium to long term. Investment predominantly in debt and money • market instruments and balance exposure in equity and equity related securities. *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. PORTFOLIO Name Rating % of NAV Corporate Bond 30.63% HDFC AAA 11.47% NABARD AAA 6.25% REC AAA 5.05% Power Finance Corporation AAA 4.80% LIC Housing Finance AAA 1.62% Small Industries Dev Bank of India AAA 0.76% UltraTech Cement AAA 0.68% Government Bond 17.96% 7.27% - 2026 G-Sec SOV 8.90% 7.32%-2024 G-Sec SOV 5.97% 8.33% - 2026 G-Sec SOV 3.09% State Government Bond 6.04% 8.07% Gujrat SDL-2025 SOV 6.04% Zero Coupon Bond 1.27% Sundaram Finance AAA 1.27% Equity 18.31% Banks 5.51% HDFC Bank 2.16% ICICI Bank 1.34% Kotak Mahindra Bank 0.85% Axis Bank 0.69% State Bank of India 0.49% Software 3.60% Infosys 1.84% Tata Consultancy Services 0.96% HCL Technologies 0.40% Tech Mahindra 0.22% Wipro 0.17% Consumer Non Durables 2.29% Hindustan Unilever 0.76% ITC 0.72% Name Rating % of NAV Asian Paints 0.41% Nestle India 0.24% Britannia Industries 0.16% Petroleum Products 2.22% Reliance Industries 2.22% Finance 2.01% HDFC 1.47% Bajaj Finance 0.54% Construction Project 0.71% Larsen & Toubro 0.71% Auto 0.55% Maruti Suzuki India 0.30% Mahindra & Mahindra 0.25% Telecom-Services 0.54% Bharti Airtel 0.54% Pharmaceuticals 0.47% Dr.Reddy's Laboratories 0.17% Cipla 0.16% Divi's Laboratories 0.14% Cement 0.23% UltraTech Cement 0.23% Consumer Durables 0.19% Titan Company 0.19% Exchange Traded Funds 6.00% IDFC Mutual Fund 6.00% Net Cash and Cash Equivalent 19.79% Grand Total 100.00% Asset Quality Top 10 Equity Holdings Investors understand that their principal will be at Moderate risk
- 33. 33 IDFC Asset Allocation Fund of Funds An open ended fund of fund scheme investing in schemes of IDFC Mutual Fund - equity funds and debt funds excluding Gold ETF. 28th February 2021 FUND FEATURES NAV (`) as on February 26, 2021 Regular Plan Growth 24.2275 Regular Plan Dividend 15.6049 IDFC Asset Allocation Fund - Conservative Plan Category: Fund of Funds (Domestic) Monthly Avg AUM: ` 8.55 Crores Month end AUM: ` 8.52 Crores Inception Date: 11 February 2010 Fund Manager: Mr. Arpit Kapoor (w.e.f. April 18, 2018) Total Expense Ratio Regular 0.83% Direct 0.14% Benchmark: 15% S&P BSE 200 TRI + 80% CRISIL Short Term Index + 5% Gold Prices (w.e.f. May 28, 2018) SIP (Minimum Amount) : `1,000/- SIP Frequency : Monthly SIP Dates (Monthly) Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment. Investment Objective: Refer Pg No from 63 to 64 Minimum Investment Amount : ` 5,000/- and any amount thereafter Option Available : Growth, Dividend - (Payout, Reinvestment and Sweep) Exit Load: If redeemed/switched out within 365 days from the date of allotment: Upto 10% of investment:Nil, For remaining investment: 1% of applicable NAV. If redeemed / switched out after 365 days from date of allotment: Nil. (w.e.f. May 08, 2020) FUND FEATURES FUND FEATURES IDFC Asset Allocation Fund - Moderate Plan Category: Fund of Funds (Domestic) Monthly Avg AUM: ` 19.23 Crores Month end AUM: ` 16.65 Crores Inception Date: 11 February 2010 Fund Manager: Mr. Arpit Kapoor (w.e.f. April 18, 2018) Total Expense Ratio Regular 1.23% Direct 0.38% Benchmark: 40% S&P BSE 200 TRI + 55% CRISIL Short Term Index + 5% Gold Prices (w.e.f. May 28, 2018) SIP (Minimum Amount) : `1,000/- SIP Frequency : Monthly SIP Dates (Monthly) Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment. Investment Objective: Refer Pg No from 63 to 64 Minimum Investment Amount : ` 5,000/- and any amount thereafter Option Available : Growth, Dividend - (Payout, Reinvestment and Sweep) Exit Load: If redeemed/switched out within 365 days from the date of allotment: Upto 10% of investment:Nil, For remaining investment: 1% of applicable NAV. If redeemed / switched out after 365 days from date of allotment: Nil. (w.e.f. May 08, 2020) IDFC Asset Allocation Fund - Aggressive Plan Category: Fund of Funds (Domestic) Monthly Avg AUM: ` 13.01 Crores Month end AUM: ` 12.81 Crores Inception Date: 11 February 2010 Fund Manager: Mr. Arpit Kapoor (w.e.f. April 18, 2018) Total Expense Ratio Regular 1.29% Direct 0.39% Benchmark: 65% S&P BSE 200 TRI + 30% CRISIL Short Term Index + 5% Gold Prices (w.e.f. May 28, 2018) SIP (Minimum Amount) : `1,000/- SIP Frequency : Monthly SIP Dates (Monthly) Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment. Investment Objective: Refer Pg No from 63 to 64 Minimum Investment Amount : ` 5,000/- and any amount thereafter Option Available : Growth, Dividend - (Payout, Reinvestment and Sweep) Exit Load: If redeemed/switched out within 365 days from the date of allotment: Upto 10% of investment:Nil, For remaining investment: 1% of applicable NAV. If redeemed / switched out after 365 days from date of allotment: Nil. (w.e.f. May 08, 2020) NAV (`) as on February 26, 2021 Regular Plan Growth 25.8721 Regular Plan Dividend 17.4099 NAV (`) as on February 26, 2021 Regular Plan Growth 27.0079 Regular Plan Dividend 18.5224 This product is suitable for investors who are seeking*: To generate capital appreciation and income • over long term. Investment in different IDFC Mutual Fund • schemes based on a defined asset allocation model. *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. This product is suitable for investors who are seeking*: To generate capital appreciation and income • over long term. Investment in different IDFC Mutual Fund • schemes based on a defined asset allocation model. *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. This product is suitable for investors who are seeking*: To generate capital appreciation and income • over long term. Investment in different IDFC Mutual Fund • schemes based on a defined asset allocation model. *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. PORTFOLIO Name Conservative Plan Moderate Plan Aggressive Plan TRI Party Repo Total 3.89% 2.23% 3.74% Clearing Corporation of India 3.89% 2.23% 3.74% Debt 73.63% 31.16% 24.00% IDFC Low Duration Fund 50.96% 15.61% 17.30% IDFC Bond Fund -Short Term Plan 20.89% 15.10% 2.27% IDFC Cash Fund 1.78% 0.45% 4.43% Equity 22.84% 66.74% 72.41% IDFC Focused Equity Fund 5.74% 8.07% 10.97% IDFC Large Cap Fund 17.11% 49.31% 48.72% IDFC Emerging Businesses Fund - 9.36% 12.72% Net Current Asset -0.37% -0.13% -0.16% Grand Total 100.00% 100.00% 100.00% PORTFOLIO FUND FEATURES Standard Allocation % to net assets Particulars Conservative Plan Moderate Plan Aggressive Plan Equity Funds (including Offshore equity) 10-30% 25-55% 40-80% Debt Funds and/or Arbitrage funds (including Liquid fund) 35-90% 10-75% 0-40% Alternate (including Gold/ Commodity based funds) 0-30% 0-30% 0-30% Debt and Money Market Securities 0-5% 0-5% 0-5% (w.e.f. 28 May, 2018) FUND FEATURES Investors understand that their principal will be at Moderate risk Investors understand that their principal will be at High risk Investors understand that their principal will be at High risk
- 34. 34 Performance Table Scheme Name CAGR Returns (%) Current Value of Investment of ` 10,000 1 Year 3 Years 5 Years Since Inception 1 Year 3 Years 5 Years Since Inception IDFC Asset Allocation Fund - CP*^ 8.47% 6.62% 8.15% 8.34% 10,844 12,118 14,794 24,228 15% S&P BSE 200 TRI + 80% CRISIL Short Term Index + 5% Gold Prices#$ 12.10% 11.30% 11.02% 9.40% 11,206 13,784 16,861 26,972 CRISIL 10 Year Gilt Index## 4.93% 8.94% 7.34% 6.80% 10,492 12,927 14,246 20,685 *Since Inception Regular Plan - Growth Feb 11, 2010. Performance Table Scheme Name CAGR Returns (%) Current Value of Investment of ` 10,000 1 Year 3 Years 5 Years Since Inception 1 Year 3 Years 5 Years Since Inception IDFC Asset Allocation Fund - MP*^ 11.11% 6.05% 8.78% 8.98% 11,108 11,925 15,227 25,872 40% S&P BSE 200 TRI + 55% CRISIL Short Term Index + 5% Gold Prices#$ 17.55% 11.85% 11.35% 9.54% 11,750 13,988 17,110 27,370 CRISIL 10 Year Gilt Index## 4.93% 8.94% 7.34% 6.80% 10,492 12,927 14,246 20,685 *Since Inception Regular Plan - Growth Feb 11, 2010. Performance Table Scheme Name CAGR Returns (%) Current Value of Investment of ` 10,000 1 Year 3 Years 5 Years Since Inception 1 Year 3 Years 5 Years Since Inception IDFC Asset Allocation Fund - AP*^ 16.94% 5.72% 9.93% 9.41% 11,689 11,816 16,049 27,008 65% S&P BSE 200 TRI + 30% CRISIL Short Term Index + 5% Gold Prices#$ 22.18% 12.35% 15.29% 11.31% 12,211 14,177 20,362 32,661 CRISIL 10 Year Gilt Index## 4.93% 8.94% 7.34% 6.80% 10,492 12,927 14,246 20,685 Performance based on NAV as on 26/02/2021. Past performance may or may not be sustained in future. The performances given are of regular plan growth option. Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc. For other funds managed by the fund manager, please refer page no. 52 - 54 & the respective fund pages. #Benchmark Returns. ##Alternate Benchmark Returns. *Inception Date of Regular Plan - Growth Feb 11, 2010. ^The fund has been repositioned w.e.f. May 28, 2018 and since will invest only in the schemes of IDFC Mutual Funds. $ Current Index performance adjusted for the period from since inception to May 28, 2018 with the performance of CRISIL Hybrid 85+15 Conservative Index (Benchmark for IDFC Asset Allocation Fund- Conservative Plan and IDFC Asset Allocation Fund- Moderate Plan) and CRISIL Hybrid 35+65 - Aggressive Index (Benchmark for IDFC Asset Allocation Fund – Aggressive Plan) IDFC Asset Allocation Fund of Funds An Open Ended Fund of Funds Scheme 28th February 2021
- 35. 35 Performance Table Scheme Name CAGR Returns (%) Current Value of Investment of ` 10,000 1 Year 3 Years 5 Years Since Inception 1 Year 3 Years 5 Years Since Inception IDFC All Seasons Bond Fund* 7.94% 8.76% 8.12% 7.72% 10,792 12,864 14,774 34,014 NIFTY AAA Short Duration Bond Index# 8.75% 8.81% 8.46% 8.10% 10,873 12,880 15,008 36,079 CRISIL 1 Year T-Bill## 5.47% 6.65% 6.56% 6.17% 10,546 12,127 13,739 26,799 Performance based on NAV as on 26/02/2021. Past performance may or may not be sustained in future. The performances given are of regular plan growth option. Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc. For other funds managed by the fund manager, please refer page no. 52 - 54 & the respective fund pages. # Benchmark Returns. ## Alternate Benchmark Returns. * Inception Date of Regular Plan - Growth Sep 13, 2004. *Investors may note that they will be bearing recurring expenses of the Scheme in addition to the expenses of the underlying schemes in which the Fund of Funds scheme invests. PORTFOLIO Name % of NAV Mutual Fund Units 99.70% IDFC Banking & PSU Debt Fund 62.14% IDFC Bond Fund - Short Term Plan 31.00% IDFC Corporate Bond Fund 6.55% Net Cash and Cash Equivalent 0.30% Grand Total 100.00% Asset Quality FUND FEATURES About the Fund: All Seasons Bond Fund is a Fund of Fund (FOF) structure which can invest in one or more funds within our basket of short term offerings currently. The portfolio gives the fund manager the flexibility to play between debt and money market, benefiting from the accrual available in its space and optimizing the portfolio yields. Category: Fund of Funds (Domestic) Monthly Avg AUM: ` 155.13 Crores Month end AUM: ` 153.76 Crores Inception Date: 13 September 2004 Fund Manager: Mr. Harshal Joshi (w.e.f 15th July 2016) Other Parameter: Standard Deviation (Annualized) 2.60% Modified Duration 1.90 years Average Maturity 2.16 years Macaulay Duration 1.99 years Yield to Maturity 4.75% Total Expense Ratio Regular 0.49% Direct 0.11% Benchmark: NIFTY AAA Short Duration Bond Index (w.e.f. 11th November 2019) SIP (Minimum Amount): ` 1,000/- SIP Frequency: Monthly SIP Dates (Monthly): Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment. Investment Objective: Refer Pg No from 63 to 64 Minimum Investment Amount: ` 5,000/- and any amount thereafter Option Available: Growth & Dividend Option - Daily (Reinvest), Weekly (Reinvest), fortnightly, Quarterly, Half yearly, Annual & Periodic (each with Payout, Reinvestment & Sweep facility). Exit Load: Nil (w.e.f. 11 November, 2020) NAV (`) as on February 26, 2021 Plan Option Freq NAV Regular Plan Growth - 34.0138 Regular Plan Dividend Quarterly 12.3262 Regular Plan Dividend Half Yearly 11.6456 Regular Plan Dividend Annual 13.1921 Regular Plan Dividend Fortnightly 11.3243 Regular Plan Dividend Daily 11.3156 Regular Plan Dividend Weekly 11.3224 Regular Plan Dividend Periodic 13.1943 This product is suitable for investors who are seeking*: To generate short to medium ter optimal • returns. Investment in debt oriented schemes of • IDFC Mutual Fund. *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. Investors understand that their principal will be at Moderate risk IDFC All Season Bond Fund An open ended fund of fund scheme investing in debt oriented mutual fund schemes (including liquid and money market schemes) of IDFC Mutual Fund 28th February 2021 Core Bucket
- 36. 36 The importance of ‘FIRST PRINCIPLES’ when investing in DEBT MUTUAL FUNDS Suyash Choudhary, Head - Fixed Income Identifying Risk in Debt Mutual Funds (MFs) • Interest rate risk Risk of loss owing to changes in interest rates. This risk is best captured by the duration of the fund. • Credit risk Risk of loss owing to change in credit profile of an issuer that leads either to a downgrade or default.’ Identifying own risk profile Since mutual funds cannot guarantee returns, it is very important to appropriately identify one's own risk profile while deciding where to invest. If one wants a risk profile that is the closest to a fixed deposit, one has to choose a debt fund that controls both the interest rate and credit risk. The First Principles Requirements from a Mutual Fund (MF) Remember to look for one where majority of the investments are liquid; which means that the fund manager should be able to sell them at least in ordinary market conditions. Some False Premises There are some false premises in debt fund investing that one should be aware of: MFs can manage liquidity via exit loads In many cases chiefly for credit risk funds, because a significant part of the portfolio consists of illiquid securities, the fund manager relies on suitable exit loads to deter redemption. In some sense, some sort of an asset liability management (ALM) framework is used. So asset maturity is in 'buckets' basis the exit load periods of investors. Exit loads are no doubt a large detriment for redeeming from a mutual fund. However, by no stretch of the imagination can they be relied upon as a sufficiently high detriment. As has already been shown in the Indian market as well, if the investor concern is strong enough, she can pay exit load and redeem. Even AAA can default, so why bother? Recent events have evoked this response in certain quarters. As an admittedly extreme analogy this is somewhat akin to saying food can sometimes make you choke, so why eat! The probability of AAA defaulting is negligible. This has been proved with data over multiple decades. This doesn’t mean it can never happen. However, to use a once-in-a-blue moon default and paint a general principle is not advisable at all. Also with some due diligence, the weaker AAA can be generally weeded out by the fund manager in most cases. Conclusions The attempt here has been to highlight some first principles that will hopefully serve well when making allocations to fixed income mutual funds. Some of the key takeaways are summarized below: 1. Investors should first be aware of individual risk profile. Assuming debt investments are first made for conservatism, a majority of allocations should be to full AAA funds in the low duration / short term / medium term / corporate bond / Banking PSU categories. 2. Credit is a risk just like interest rates are. It can lead to both positive as well as negative outcomes. The key is to allocate to both credit and duration in the so-called ‘alpha’ bucket’ and not in the core debt allocation bucket. 3. An open ended debt mutual fund should first and foremost fulfill the criterion that a majority of its portfolio should have liquidity and price discovery via the open market. This enables seamless redemption management, consistency in portfolio profile even with inflows and redemptions, and the discovery of NAV that is largely accurate. 4. A lot of discussion on credit revolves around quality of manager and depth of research process. What is equally important, however, is to ask this: Is the nature of risk being taken consistent with the vehicle being used to take the risk? More specifically, are open ended mutual funds the appropriate vehicle to take on such positions?
- 37. 37 Performance Table Scheme Name CAGR Returns (%) Current Value of Investment of ` 10,000 1 Year 3 Years 5 Years Since Inception 1 Year 3 Years 5 Years Since Inception IDFC Overnight Fund 2.91% NA NA 4.25% 10,291 NA NA 10,921 Nifty 1D Rate Index# 3.11% NA NA 4.42% 10,311 NA NA 10,957 CRISIL 1 Year T-Bill## 5.46% NA NA 6.37% 10,546 NA NA 11,395 The scheme has been in existence for more than 1 year but less than 3 years. Performance based on NAV as on 28/02/2021. Past performance may or may not be sustained in future. The performances given are of regular plan growth option. Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc. For other funds managed by the fund manager, please refer page no. 52 - 54 & the respective fund pages. # Benchmark Returns. ## Alternate Benchmark Returns. *Inception Date of Regular Plan - Growth Jan 18, 2019. IDFC Overnight Fund An open-ended Debt Scheme investing in overnight securities 28th February 2021 Liquidity Management Bucket A1+ mfs by CARE PORTFOLIO Name % of NAV Clearing Corporation of India Ltd 99.34% TRI Party Repo Total 99.34% Net Current Asset 0.66% Grand Total 100.00% FUND FEATURES About the Fund: The fund aims to generate short term optimal returns in line with overnight rates. Category: Overnight Monthly Avg AUM: ` 1,350.11 Crores Month end AUM: ` 1,445.57 Crores Inception Date: 18 January 2019 Fund Manager: Mr. Brijesh Shah (w.e.f. 1st February 2019) Other Parameter: Standard Deviation (Annualized) 0.08% Modified Duration 1 Day Average Maturity 1 Day Macaulay Duration 1 Day Yield to Maturity 3.21% Total Expense Ratio Regular 0.19% Direct 0.09% Benchmark: Nifty 1D Rate Index SIP (Minimum Amount): ` 1,000/- SIP Frequency: Monthly SIP Dates (Monthly): Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment. Investment Objective: Refer Pg No from 63 to 64 Minimum Investment Amount: ` 5,000/- and any amount thereafter Option Available: Growth, Dividend - Daily (Reinvestment), Weekly (Reinvestment), Monthly Dividend & Periodic (Reinvestment, Payout and Sweep facility). Exit Load: Nil. NAV (`) as on February 28, 2021 Plan Option Freq NAV Regular Plan Growth - 1092.0650 Regular Plan Dividend Daily 1000.0001 Regular Plan Dividend Weekly 1001.0964 Regular Plan Dividend Monthly 1000.1649 Asset Quality Investors understand that their principal will be at Low risk This product is suitable for investors who are seeking*: To generate short term optimal returns in line with • overnight rates and high liquidity. To invest in money market and debt instruments, with • maturity of 1 day. *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. Asset Allocation
- 38. 38 PORTFOLIO Name Rating % of NAV Treasury Bill 36.09% 91 Days Tbill-2021 SOV 25.26% 364 Days Tbill-2021 SOV 6.17% 182 Days Tbill-2021 SOV 4.66% Commercial Paper 28.50% Bajaj Finance A1+ 11.62% NABARD A1+ 5.24% UltraTech Cement A1+ 4.96% Reliance Industries A1+ 2.33% ICICI Securities A1+ 1.74% Export Import Bank of India A1+ 1.17% Name Rating % of NAV Kotak Mahindra Prime A1+ 1.17% Reliance Retail Ventures A1+ 0.29% Corporate Bond 2.15% Indian Railway Finance Corporation AAA 2.15% State Government Bond 1.40% 7.55% Maharastra SDL-2021 SOV 1.40% Certificate of Deposit 1.17% Bank of Baroda A1+ 1.17% Net Cash and Cash Equivalent 30.69% Grand Total 100.00% IDFC Cash Fund An Open Ended Liquid Fund 28th February 2021 Liquidity Management Bucket Performance Table Scheme Name CAGR Returns (%) Current Value of Investment of ` 10,000 1 Year 3 Years 5 Years Since Inception 1 Year 3 Years 5 Years Since Inception IDFC Cash Fund* 3.69% 5.68% 6.21% 7.34% 10,369 11,805 13,519 24,666 CRISIL Liquid Fund Index# 4.27% 6.16% 6.51% 7.22% 10,427 11,966 13,710 24,314 CRISIL 1 Year T-Bill## 5.46% 6.64% 6.56% 6.48% 10,546 12,129 13,742 22,255 Performance based on NAV as on 28/02/2021 Past performance may or may not be sustained in future. The performances given are of regular plan growth option. Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc. For other funds managed by the fund manager, please refer page no. 52 - 54 & the respective fund pages #Benchmark Returns. ##Alternate Benchmark Returns. Standard Deviation calculated on the basis of 1 year history of monthly data *Inception Date of Regular Plan - Growth Jun 04, 2008. FUND FEATURES Asset Quality Investors understand that their principal will be at Low to Moderate risk About the Fund: The Fund aims to invest in high quality debt and money market instruments with high liquidity and seeks to generate accrual income with low volatility. Category: Liquid Monthly Avg AUM: ` 8,960.43 Crores Month end AUM: ` 8,572.96 Crores Inception Date: 2 July 2001 Fund Manager: Mr. Harshal Joshi (w.e.f. 15th September 2015) & Mr. Anurag Mittal (w.e.f. 09th November 2015) Other Parameter: Standard Deviation (Annualized) 0.31% Modified Duration 14 Days Average Maturity 15 Days Macaulay Duration 15 Days Yield to Maturity 3.15% Total Expense Ratio Regular 0.20% Direct 0.15% Benchmark: CRISIL Liquid Fund Index SIP (Minimum Amount): ` 1,00/- SIP Frequency: Monthly SIP Dates (Monthly): Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment. Investment Objective: Refer Pg No from 63 to 64 Minimum Investment Amount: ` 100/- and any amount thereafter Option Available: Growth & Dividend Option - Daily (Reinvest), Weekly (Reinvest), Monthly (Payout,Reinvest and Sweep), Periodic (Payout,Reinvest and Sweep). Exit Load* NAV (`) as on February 28, 2021 Plan Option Freq NAV Regular Plan Growth - 2466.5721 Regular Plan Dividend Daily 1001.0846 Regular Plan Dividend Weekly 1001.2479 Regular Plan Dividend Periodic 1105.5893 Regular Plan Dividend Monthly 1000.4918 Asset Allocation This product is suitable for investors who are seeking*: To generate short term optimal returns with stability and • high liquidity. Investments in money market and debt instruments, with • maturity up to 91 days. *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. Investor exit upon subscription Exit load as a % of redemption proceeds Day 1 0.0070% Day 2 0.0065% Day 3 0.0060% Day 4 0.0055% Day 5 0.0050% Day 6 0.0045% Day 7 onwards 0.0000% *With effect from October 20, 2019
- 39. 39 FUND FEATURES PORTFOLIO Name Rating % of NAV Commercial Paper 28.37% LIC Housing Finance A1+ 8.13% Bajaj Finance A1+ 5.52% HDFC A1+ 4.90% Reliance Industries A1+ 4.42% Kotak Mahindra Investments A1+ 3.22% NABARD A1+ 2.18% Treasury Bill 21.11% 364 Days Tbill-2021 SOV 11.80% 91 Days Tbill-2021 SOV 4.86% 182 Days Tbill-2021 SOV 4.45% Corporate Bond 18.43% Small Industries Dev Bank of India AAA 5.40% LIC Housing Finance AAA 3.59% REC AAA 3.26% NABARD AAA 2.59% Power Finance Corporation AAA 1.47% HDFC AAA 1.11% Sundaram Finance AAA 0.67% Name Rating % of NAV Indian Railway Finance Corporation AAA 0.12% HDB Financial Services AAA 0.11% Reliance Industries AAA 0.11% State Government Bond 6.67% 6.92% MAHARASTRA SDL-2022 SOV 2.49% 8.38% Karnataka SDL-2022 SOV 1.98% 8.31% Karnataka SDL-2022 SOV 1.28% 7.9% CHHATISGARH SDL-2021 SOV 0.34% 8.84% Gujrat SDL-2022 SOV 0.12% 8.90% Andhra pradesh SDL-2022 SOV 0.12% 8.79% Maharashtra SDL-2021 SOV 0.11% 7.03% Gujarat SDL-2021 SOV 0.11% 7.55% Odisha SDL-2021 SOV 0.11% Certificate of Deposit 4.29% Axis Bank A1+ 2.17% NABARD A1+ 2.12% Net Cash and Cash Equivalent 21.13% Grand Total 100.00% IDFC Ultra Short Term Fund An open-ended ultra-short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 to 6 months 28th February 2021 About the Fund: The Fund aims to invest in high quality debt and money market instruments with Macaulay Duration of 3 to 6 months and seeks to generate stable returns with a low risk strategy. Category: Ultra Short Duration Monthly Avg AUM: ` 4,637.56 Crores Month end AUM: ` 4,526.98 Crores Inception Date: 18th July 2018 Fund Manager: Mr. Harshal Joshi (w.e.f. 18th July 2018) Other Parameter: Standard Deviation (Annualized) 0.77% Modified Duration 98 Days Average Maturity 105 Days Macaulay Duration 102 Days Yield to Maturity 3.52% Total Expense Ratio Regular 0.42% Direct 0.26% Benchmark: NIFTY Ultra Short Duration Debt Index (01 February 2019) SIP (Minimum Amount): ` 100/- SIP Frequency: Monthly SIP Dates (Monthly): Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment. Investment Objective: Refer Pg No from 63 to 64 Minimum Investment Amount: `100/- and any amount thereafter Option Available: Growth & Dividend Option - Daily (Reinvestment), Weekly (Reinvestment), Monthly , Quarterly & Periodic (each with Reinvestment, Payout and Sweep facility). Exit Load: Nil NAV (`) as on February 26, 2021 Plan Option Freq NAV Regular Plan Growth - 11.8758 Regular Plan Dividend Daily 10.0519 Regular Plan Dividend Weekly 10.0767 Regular Plan Dividend Periodic 10.5784 Regular Plan Dividend Monthly 10.0646 Regular Plan Dividend Quarterly 10.1281 This product is suitable for investors who are seeking*: To generate returns over short-term investment • horizon with a low risk strategy To invest in debt and money market instruments *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. Asset Allocation Asset Quality Performance Table Scheme Name CAGR Returns (%) Current Value of Investment of ` 10,000 1 Year 3 Years 5 Years Since Inception 1 Year 3 Years 5 Years Since Inception IDFC Ultra Short Term Fund 5.07% NA NA 6.80% 10,506 NA NA 11,876 NIFTY Ultra Short Duration Debt Index# 5.14% NA NA 6.79% 10,512 NA NA 11,872 CRISIL 1 Year T-Bill## 5.47% NA NA 6.77% 10,546 NA NA 11,868 The scheme has been in existence for more than 1 year but less than 3 years. Performance based on NAV as on 26/02/2021 Past performance may or may not be sustained in future. The performances given are of regular plan growth option. Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc. For other funds managed by the fund manager, please refer page no. 52 - 54 & the respective fund pages # Benchmark Returns. ## Alternate Benchmark Returns. Standard Deviation calculated on the basis of 1 year history of monthly data * Inception Date of Regular Plan - Growth July 18, 2018. Core Bucket IND AAA mfs by FITCH Investors understand that their principal will be at Low to Moderate risk
- 40. 40 IDFC Low Duration Fund An open ended low duration debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 6 months and 12 months 28th February 2021 FUND FEATURES PORTFOLIO About the Fund: The Fund aims to invest in high quality debt and money market instruments with Macaulay Duration of 6 to 12 months and seeks to generate relatively stable returns with a low risk strategy. Category: Low Duration Monthly Avg AUM: ` 6,424.28 Crores Month end AUM: ` 6,362.62 Crores Inception Date: 17 January 2006 Fund Manager: Mr. Anurag Mittal (w.e.f. 09th November 2015) Other Parameter: Standard Deviation (Annualized) 1.18% Modified Duration 260 Days Average Maturity 285 Days Macaulay Duration 272 Days Yield to Maturity 4.03% Total Expense Ratio Regular 0.52% Direct 0.30% Benchmark: NIFTY Low Duration Debt Index (with effect from November 11, 2019) SIP (Minimum Amount): ` 100/- SIP Frequency: Monthly SIP Dates (Monthly): Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment. Investment Objective: Refer Pg No from 63 to 64 Minimum Investment Amount: ` 100/- and any amount thereafter Option Available: Growth & Dividend Option- Daily (Reinvest), Weekly (Reinvest), Monthly, Quarterly & Periodic frequency (each with payout, reinvestment and sweep facility). Exit Load: Nil (Since 29th June 2012) NAV (`) as on February 26, 2021 Plan Option Freq NAV Regular Plan Growth - 30.0860 Regular Plan Dividend Daily 10.1006 Regular Plan Dividend Periodic 10.7030 Regular Plan Dividend Weekly 10.1105 Regular Plan Dividend Monthly 10.1224 Regular Plan Dividend Quarterly 10.7789 Name Rating % of NAV Corporate Bond 33.27% HDFC AAA 6.89% REC AAA 6.63% Power Finance Corporation AAA 5.37% LIC Housing Finance AAA 4.78% Larsen & Toubro AAA 3.57% Reliance Industries AAA 2.25% Kotak Mahindra Prime AAA 1.18% NABARD AAA 0.95% UltraTech Cement AAA 0.80% Grasim Industries AAA 0.49% Hindustan Petroleum Corporation AAA 0.17% Bajaj Finance AAA 0.16% Indian Railway Finance Corporation AAA 0.02% HDB Financial Services AAA 0.02% Small Industries Dev Bank of India AAA 0.01% Certificate of Deposit 21.56% Axis Bank A1+ 12.57% NABARD A1+ 4.69% Bank of Baroda A1+ 4.29% Commercial Paper 15.58% NABARD A1+ 5.99% Kotak Mahindra Investments A1+ 3.66% Kotak Mahindra Prime A1+ 1.92% HDFC A1+ 1.69% Larsen & Toubro A1+ 1.55% Bajaj Finance A1+ 0.78% Treasury Bill 11.39% 182 Days Tbill-2021 SOV 11.39% Government Bond 2.31% 7.68%-2023 G-Sec SOV 2.10% 8.33%-2026 G-Sec SOV 0.09% 8.15%-2022 G-Sec SOV 0.08% 7.94%-2021 G-Sec SOV 0.03% 6.84%-2022 G-Sec SOV 0.02% Zero Coupon Bond 1.84% LIC Housing Finance AAA 1.61% Kotak Mahindra Prime AAA 0.16% Sundaram Finance AAA 0.07% State Government Bond 1.52% 8.90% TAMILNADU SDL-2022 SOV 0.50% 8.48% Karnataka SDL-2022 SOV 0.50% 8.38% Haryana SDL-2026 SOV 0.26% 8.05% Gujarat SDL-2025 SOV 0.08% 8.99% Gujrat SDL-2022 SOV 0.08% 9.20% Andhra Pradesh SDL-2022 SOV 0.04% 7.55% Maharastra SDL-2021 SOV 0.02% 9.23% Gujarat SDL-2021 SOV 0.02% 9.22% Tamil Nadu SDL- 2021 SOV 0.01% 8.59% Gujrat SDL- 2021 SOV 0.01% 8.56% Andhra Pradesh SDL- 2021 SOV 0.01% Net Cash and Cash Equivalent 12.52% Grand Total 100.00% Performance Table Scheme Name CAGR Returns (%) Current Value of Investment of ` 10,000 1 Year 3 Years 5 Years Since Inception 1 Year 3 Years 5 Years Since Inception IDFC Low Duration Fund*^ 5.95% 7.25% 7.47% 7.56% 10,593 12,332 14,335 30,086 NIFTY Low Duration Debt Index 5.94% 7.23% 7.35% 8.20% 10,592 12,326 14,256 32,931 CRISIL 1 Year T-Bill## 5.47% 6.65% 6.56% 6.32% 10,546 12,127 13,739 25,274 Performance based on NAV as on 26/02/2021 Past performance may or may not be sustained in future. The performances given are of regular plan growth option. Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc. For other funds managed by the fund manager, please refer page no. 52 - 54 & the respective fund pages # Benchmark Returns. ## Alternate Benchmark Returns. Standard Deviation calculated on the basis of 1 year history of monthly data * Inception Date of Regular Plan - Growth Jan 17, 2006. ^The fund has been repositioned from an ultra short term fund to a low duration fund w.e.f. May 28, 2018. This product is suitable for investors who are seeking*: To generate short term optimal returns with • relative stability and high liquidity. Investments in debt and money market • instruments such that the Macaulay duration of the portfolio is between 6 months- 12 months. *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. Asset Quality Asset Allocation Core Bucket Investors understand that their principal will be at Low to Moderate risk
- 41. 41 IDFC Money Manager Fund An open ended debt scheme investing in money market instruments 28th February 2021 FUND FEATURES PORTFOLIO About the Fund: The Fund aims to invest only in short maturity, highly rated debt and money market instruments and seeks to generate returns predominantly through accrual income. Category: Money Market Monthly Avg AUM: ` 2,818.57 Crores Month end AUM: ` 3,015.38 Crores Inception Date: 18 February 2003 Fund Manager: Mr. Anurag Mittal & Harshal Joshi (w.e.f. 15th May 2017) Other Parameter: Standard Deviation (Annualized) 0.86% Modified Duration 89 Days Average Maturity 92 Days Macaulay Duration 92 Days Yield to Maturity 3.51% Total Expense Ratio Regular 0.90% Direct 0.22% Benchmark: NIFTY Money Market Index (w.e.f 11th November, 2019) SIP (Minimum Amount): ` 100/- SIP Frequency: Monthly SIP Dates (Monthly): Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment. Investment Objective: Refer Pg No from 63 to 64 Minimum Investment Amount: ` 100/- and any amount thereafter Option Available: Growth & Dividend Option - Daily (Reinvest), Weekly (Reinvest), Monthly (Payout, Reinvestment and Sweep) , Periodic (Payout, Reinvestment and Sweep). Exit Load: Nil NAV (`) as on February 26, 2021 Plan Option Freq NAV Regular Plan Growth - 31.7843 Regular Plan Dividend Monthly 10.2760 Regular Plan Dividend Daily 10.0994 Regular Plan Dividend Weekly 10.1264 Regular Plan Dividend Periodic 11.0294 Name Rating % of NAV Commercial Paper 47.24% LIC Housing Finance A1+ 8.93% Grasim Industries A1+ 6.63% HDFC A1+ 6.18% NABARD A1+ 5.73% Kotak Mahindra Investments A1+ 5.16% Reliance Industries A1+ 4.46% Kotak Mahindra Prime A1+ 3.59% Reliance Retail Ventures A1+ 3.31% Larsen & Toubro A1+ 3.26% Certificate of Deposit 22.48% Axis Bank A1+ 10.33% Export Import Bank of India A1+ 5.55% NABARD A1+ 4.99% Bank of Baroda A1+ 1.60% Treasury Bill 10.93% 182 Days Tbill-2021 SOV 7.79% 364 Days Tbill-2021 SOV 3.15% State Government Bond 4.21% 8.66% Andhra Pradesh SDL-2021 SOV 1.69% 8.36% Madhya Pradesh SDL-2021 SOV 1.66% 7.64% Andhra Pradesh SDL-2021 SOV 0.50% 7.62% Maharastra SDL-2021 SOV 0.17% 7.62% Odisha SDL-2021 SOV 0.17% 8.67% Andhra Pradesh SDL-2021 SOV 0.04% Government Bond 0.07% 7.8%-2021 G-Sec SOV 0.07% Net Cash and Cash Equivalent 15.07% Grand Total 100.00% Performance Table Scheme Name CAGR Returns (%) Current Value of Investment of ` 10,000 1 Year 3 Years 5 Years Since Inception 1 Year 3 Years 5 Years Since Inception IDFC Money Manager Fund*^ 4.53% 5.84% 6.29% 6.62% 10,452 11,854 13,566 31,784 NIFTY Money Market Index# 4.71% 6.38% 6.72% 7.40% 10,469 12,038 13,843 36,212 CRISIL 1 year T-Bill## 5.47% 6.65% 6.56% 6.05% 10,546 12,127 13,739 28,868 Performance based on NAV as on 26/02/2021 Past performance may or may not be sustained in future. The performances given are of regular plan growth option. Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc. For other funds managed by the fund manager, please refer page no. 52 - 54 & the respective fund pages # Benchmark Returns. ## Alternate Benchmark Returns. Standard Deviation calculated on the basis of 1 year history of monthly data * Inception Date of Regular Plan - Growth Feb 18, 2003. ^The fund has been repositioned from a floating rate fund to a money market fund w.e.f. June 4, 2018. This product is suitable for investors who are seeking*: To generate short term optimal returns with • relative stability and high liquidity. Investments predominantly in money market • instruments. *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. Asset Quality Asset Allocation Core Bucket Investors understand that their principal will be at Low to Moderate risk
- 42. 42 IDFC Banking & PSU Debt Fund An open ended debt scheme predominantly investing in debt instruments of banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds 28th February 2021 FUND FEATURES PORTFOLIO About the Fund: The Fund will predominantly invest in high quality money market and debt instruments of Banks, PSU and PFI. Category: Banking and PSU Monthly Avg AUM: ` 17,669.60 Crores Month end AUM: ` 17,583.87 Crores Inception Date: 7 March 2013 Fund Manager: Mr. Anurag Mittal (w.e.f. 15th May 2017) Other Parameter: Standard Deviation (Annualized) 2.65% Modified Duration 1.77 Years Average Maturity 2.00 Years Macaulay Duration 1.86 Years Yield to Maturity 4.99% Total Expense Ratio Regular 0.63% Direct 0.31% Benchmark: NIFTY Banking & PSU Debt Index (w.e.f. 11th November 2019) SIP (Minimum Amount): ` 1000/- SIP Frequency: Monthly SIP Dates (Monthly): Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment. Investment Objective: Refer Pg No from 63 to 64 Minimum Investment Amount: ` 5,000/- and any amount thereafter Option Available: Growth, Dividend - Daily, Fortnightly, Monthly (Reinvestment), Quarterly (Payout), Annual (Payout) & Periodic (Payout & Reinvestment). Exit Load: Nil (w.e.f. June 12th 2017) NAV (`) as on February 26, 2021 Plan Option Freq NAV Regular Plan Growth - 19.0791 Regular Plan Dividend - 11.2927 Regular Plan Dividend Fortnightly 10.5360 Regular Plan Dividend Daily 10.7948 Regular Plan Dividend Monthly 10.6225 Regular Plan Dividend Quarterly 10.5130 Regular Plan Dividend Annual 11.7296 Performance Table Scheme Name CAGR Returns (%) Current Value of Investment of ` 10,000 1 Year 3 Years 5 Years Since Inception 1 Year 3 Years 5 Years Since Inception IDFC Banking & PSU Debt Fund* 8.23% 9.45% 8.23% 8.43% 10,821 13,107 14,845 19,079 NIFTY Banking & PSU Debt Index# 7.33% 8.09% 7.97% 8.22% 10,731 12,624 14,669 18,785 CRISIL 1 Year T-Bill## 5.47% 6.65% 6.56% 6.89% 10,546 12,127 13,739 17,022 Performance based on NAV as on 26/02/2021 Past performance may or may not be sustained in future. The performances given are of regular plan growth option. Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc. For other funds managed by the fund manager, please refer page no. 52 - 54 & the respective fund pages # Benchmark Returns. ## Alternate Benchmark Returns. Standard Deviation calculated on the basis of 1 year history of monthly data * Inception Date of Regular Plan - Growth Mar 07, 2013. The Fund (erstwhile IDFC Banking Debt Fund) has been repositioned with effect from June 12, 2017. This product is suitable for investors who are seeking*: To generate optimal returns over short to • medium term. Investments predominantly in debt & money • market instruments issued by PSU, Banks & PFI. *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. Asset Quality Asset Allocation Maturity Bucket % NAV 11.21 76.65 12.14 0 10 20 30 40 50 60 70 80 90 Upto 1 year 1-3 years Above 3 years Core Bucket Name Rating % of NAV Corporate Bond 83.08% NABARD AAA 9.43% Power Finance Corporation AAA 7.93% Indian Railway Finance Corporation AAA 6.19% REC AAA 6.00% HDFC AAA 5.98% Axis Bank AAA 5.72% National Highways Auth of Ind AAA 5.56% Hindustan Petroleum Corporation AAA 5.50% LIC Housing Finance AAA 5.28% Small Industries Dev Bank of India AAA 5.03% National Housing Bank AAA 3.75% Reliance Industries AAA 3.29% Export Import Bank of India AAA 2.88% ICICI Bank AAA 2.70% Power Grid Corporation of India AAA 2.26% Housing & Urban Development Corporation AAA 1.78% NTPC AAA 1.41% NHPC AAA 0.99% Larsen & Toubro AAA 0.89% Indian Oil Corporation AAA 0.49% Tata Sons Private AAA 0.02% Government Bond 8.85% 7.37%-2023 G-Sec SOV 2.66% 7.16%-2023 G-Sec SOV 1.64% 7.32%-2024 G-Sec SOV 1.33% 6.84%-2022 G-Sec SOV 1.22% 5.22%-2025 G-Sec SOV 0.98% Name Rating % of NAV 6.18%-2024 G-Sec SOV 0.35% 8.13%-2022 G-Sec SOV 0.30% 7.68%-2023 G-Sec SOV 0.18% 7.72%-2025 G-Sec SOV 0.12% 7.8%-2021 G-Sec SOV 0.06% Certificate of Deposit 1.80% Export Import Bank of India A1+ 0.87% Axis Bank A1+ 0.78% Bank of Baroda A1+ 0.14% Commercial Paper 0.87% Export Import Bank of India A1+ 0.56% NABARD A1+ 0.28% Reliance Industries A1+ 0.02% State Government Bond 0.72% 9.25% Haryana SDL-2023 SOV 0.31% 5.41% Andhra Pradesh SDL-2024 SOV 0.14% 5.68% Maharashtra SDL-2024 SOV 0.09% 8.62% Maharashtra SDL-2023 SOV 0.06% 7.93% Chattisgarh SDL-2024 SOV 0.06% 7.77% Gujarat SDL-2023 SOV 0.03% 5.93% ODISHA SDL-2022 SOV 0.02% 8.48% Tamilnadu SDL-2023 SOV 0.01% 8.10% Tamil Nadu SDL-2023 SOV 0.003% Zero Coupon Bond 0.63% LIC Housing Finance AAA 0.63% Net Cash and Cash Equivalent 4.05% Grand Total 100.00% Investors understand that their principal will be at Low to Moderate risk
- 43. 43 IDFC Corporate Bond Fund An open ended debt scheme predominantly investing in AA+ and above rated corporate bonds. 28th February 2021 FUND FEATURES PORTFOLIO About the Fund: The fund focuses on delivering returns through investment in the corporate bond segment. Category: Corporate Bond Monthly Avg AUM: ` 22,890.72 Crores Month end AUM: ` 22,810.18 Crores Inception Date: 12 January 2016 Fund Manager: Mr. Anurag Mittal (w.e.f. 12th January 2016) Other Parameter: Standard Deviation (Annualized) 3.48% Modified Duration 2.57 years Average Maturity 2.98 years Macaulay Duration 2.69 years Yield to Maturity 5.56% Total Expense Ratio Regular 0.58% Direct 0.27% Benchmark: NIFTY AAA Short Duration Bond Index (with effect from November 11, 2019) SIP (Minimum Amount): ` 1000/- SIP Frequency: Monthly SIP Dates (Monthly): Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment. Investment Objective: Refer Pg No from 63 to 64 Minimum Investment Amount: ` 5,000/- and any amount thereafter Option Available: Growth & Dividend Option - Payout, Reinvestment & Sweep and Monthly, Quarterly, Half Yearly, Annual & Periodic. Exit Load: Nil NAV (`) as on February 26, 2021 Plan Option Freq NAV Regular Plan Growth - 14.8792 Regular Plan Dividend - N.A Regular Plan Dividend Periodic 11.2050 Regular Plan Dividend Monthly 10.4918 Regular Plan Dividend Half Yearly 10.8870 Regular Plan Dividend Quarterly 10.3251 Regular Plan Dividend Annual 11.2048 Name Rating % of NAV Corporate Bond 69.54% NABARD AAA 9.70% HDFC AAA 8.82% LIC Housing Finance AAA 8.58% REC AAA 8.27% Reliance Industries AAA 8.18% Power Finance Corporation AAA 5.28% Larsen & Toubro AAA 4.79% National Housing Bank AAA 4.29% Hindustan Petroleum Corporation AAA 2.71% Indian Railway Finance Corporation AAA 1.62% Indian Oil Corporation AAA 1.34% Axis Bank AAA 1.30% UltraTech Cement AAA 1.27% ICICI Bank AAA 1.11% Mahindra & Mahindra AAA 0.90% Small Industries Dev Bank of India AAA 0.49% Power Grid Corporation of India AAA 0.35% Export Import Bank of India AAA 0.29% NTPC AAA 0.14% National Highways Auth of Ind AAA 0.07% HDB Financial Services AAA 0.04% Government Bond 18.59% 5.22%-2025 G-Sec SOV 13.89% 7.32%-2024 G-Sec SOV 4.47% 7.16%-2023 G-Sec SOV 0.23% State Government Bond 7.41% 7.93% Chattisgarh SDL-2024 SOV 1.00% 8.08% Haryana SDL-2025 SOV 0.71% 9.22% Gujarat SDL-2023 SOV 0.67% 7.68% Chattisgarh SDL-2024 SOV 0.62% 8.14% Gujarat SDL-2025 SOV 0.40% 6.49% Madhya Pradesh SDL-2024 SOV 0.34% Name Rating % of NAV 8.06% Maharastra SDL-2025 SOV 0.33% 6.68% Andhra Pradesh SDL-2024 SOV 0.32% 6.64% Rajasthan SDL-2024 SOV 0.32% 9.25% Haryana SDL-2023 SOV 0.24% 8.83% Tamilnadu SDL-2024 SOV 0.24% 8.13% Tamil Nadu SDL-2025 SOV 0.24% 6.99% Madhya Pradesh SDL-2024 SOV 0.23% 6.7% Odisha SDL-2024 SOV 0.23% 9.55% Karnataka SDL-2024 SOV 0.19% 5.6% Haryana SDL-2024 SOV 0.19% 9.47% Haryana SDL-2024 SOV 0.17% 9.63% Andhra Pradesh SDL-2024 SOV 0.15% 9.80% Haryana SDL-2024 SOV 0.12% 8.96% Maharashtra SDL-2024 SOV 0.12% 5.6% Maharashtra SDL-2024 SOV 0.11% 9.48% Andhra Pradesh SDL-2024 SOV 0.10% 8.05% Maharashtra SDL-2025 SOV 0.09% 9.5% Gujrat SDL-2023 SOV 0.07% 9.71% Haryana SDL-2024 SOV 0.05% 9.24% Haryana SDL-2024 SOV 0.05% 8.05% Gujarat SDL-2025 SOV 0.05% 9.11% Maharashtra SDL- 2024 SOV 0.02% 9.37% Gujarat SDL- 2024 SOV 0.02% 8.07% Gujrat SDL- 2025 SOV 0.02% 5.75% Tamilnadu SDL- 2025 SOV 0.01% Commercial Paper 0.53% HDB Financial Services A1+ 0.32% HDFC A1+ 0.21% Certificate of Deposit 0.22% Axis Bank A1+ 0.22% Net Cash and Cash Equivalent 3.71% Grand Total 100.00% Performance Table Scheme Name CAGR Returns (%) Current Value of Investment of ` 10,000 1 Year 3 Years 5 Years Since Inception 1 Year 3 Years 5 Years Since Inception IDFC Corporate Bond Fund* 8.59% 8.23% 8.27% 8.06% 10,857 12,674 14,874 14,879 NIFTY AAA Short Duration Bond Index# 8.75% 8.81% 8.46% 8.31% 10,873 12,880 15,008 15,062 CRISIL 1 Year T-Bill## 5.47% 6.65% 6.56% 6.57% 10,546 12,127 13,739 13,857 Performance based on NAV as on 26/02/2021 Past performance may or may not be sustained in future. The performances given are of regular plan growth option. Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc. For other funds managed by the fund manager, please refer page no. 52 - 54 & the respective fund pages # Benchmark Returns. ## Alternate Benchmark Returns. Standard Deviation calculated on the basis of 1 year history of monthly data * Inception Date of Regular Plan - Growth Jan 12, 2016. This product is suitable for investors who are seeking*: To generate medium to long term optimal • returns. Investments predominantly in high quality • corporate bonds. *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. Asset Quality Asset Allocation Maturity Bucket % NAV 6.87 45.70 47.43 0 10 20 30 40 50 60 Upto 1 year 1-3 years Above 3 years Core Bucket Investors understand that their principal will be at Moderate risk
- 44. 44 IDFC Bond Fund – Short Term Plan An open ended short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 1 year and 3 years 28th February 2021 FUND FEATURES PORTFOLIO About the Fund: A Short Term Income Fund, the portfolio is mostly a mix of short duration debt and money market instruments. The average portfolio maturity will not ordinarily exceed around 2 years. Category: Short Duration Monthly Avg AUM: ` 13,864.16 Crores Month end AUM: ` 13,582.18 Crores Inception Date: 14 December 2000 Fund Manager: Mr. Suyash Choudhary (Since 11th March 2011) Other Parameter: Standard Deviation (Annualized) 2.43% Modified Duration 1.90 years Average Maturity 2.19 years Macaulay Duration 1.98 years Yield to Maturity 5.00% Total Expense Ratio Regular 0.78% Direct 0.30% Benchmark: NIFTY AAA Short Duration Bond Index (with effect from November 11, 2019) SIP (Minimum Amount): ` 1000/- SIP Frequency: Monthly SIP Dates (Monthly): Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment. Investment Objective: Refer Pg No from 63 to 64 Minimum Investment Amount: ` 5,000/- and any amount thereafter Option Available: Growth, Dividend - Fortnightly (Payout, Reinvestment & Sweep), Monthly, Quarterly, Annual & Periodic Exit Load: Nil (w.e.f. 23rd May 2016) NAV (`) as on February 26, 2021 Plan Option Freq NAV Regular Plan Growth - 44.3224 Regular Plan Dividend Monthly 10.3032 Regular Plan Dividend Fortnightly 10.3343 Regular Plan Dividend Periodic 16.4456 Regular Plan Dividend Quarterly 10.4551 Regular Plan Dividend Annual 11.0678 Name Rating % of NAV Corporate Bond 75.37% NABARD AAA 10.09% Reliance Industries AAA 9.90% LIC Housing Finance AAA 8.77% Power Finance Corporation AAA 8.66% HDFC AAA 6.86% REC AAA 6.70% Indian Railway Finance Corporation AAA 6.69% Small Industries Dev Bank of India AAA 3.67% National Housing Bank AAA 3.63% National Highways Auth of Ind AAA 3.55% Larsen & Toubro AAA 2.18% Power Grid Corporation of India AAA 2.12% NTPC AAA 1.81% Indian Oil Corporation AAA 0.64% Bajaj Finance AAA 0.07% Export Import Bank of India AAA 0.04% Government Bond 17.07% 5.22%-2025 G-Sec SOV 10.08% 8.24%-2027 G-Sec SOV 2.38% 8.33%-2026 G-Sec SOV 1.88% 8.15%-2026 G-Sec SOV 1.17% 7.72%-2025 G-Sec SOV 0.87% 6.97%-2026 G-Sec SOV 0.69% 5.15%-2025 G-Sec SOV 0.01% Treasury Bill 3.45% 182 Days Tbill-2021 SOV 1.76% 364 Days Tbill-2021 SOV 1.51% 91 Days Tbill - 2021 SOV 0.18% PTC 0.58% First Business Receivables Trust^ AAA(SO) 0.58% Net Cash and Cash Equivalent 3.52% Grand Total 100.00% Performance Table Scheme Name CAGR Returns (%) Current Value of Investment of ` 10,000 1 Year 3 Years 5 Years Since Inception 1 Year 3 Years 5 Years Since Inception IDFC Bond Fund – Short Term Plan* 7.30% 8.24% 7.83% 7.64% 10,728 12,677 14,575 44,322 NIFTY AAA Short Duration Bond Index# 8.75% 8.81% 8.46% NA 10,873 12,880 15,008 NA CRISIL 1 Year T-Bill## 5.47% 6.65% 6.56% 6.35% 10,546 12,127 13,739 34,697 Performance based on NAV as on 26/02/2021 Past performance may or may not be sustained in future. The performances given are of regular plan growth option. Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc. For other funds managed by the fund manager, please refer page no. 52 - 54 & the respective fund pages # Benchmark Returns. ## Alternate Benchmark Returns. Standard Deviation calculated on the basis of 1 year history of monthly data * Inception Date of Regular Plan - Growth Dec 14, 2000. This product is suitable for investors who are seeking*: To generate optimal returns over short to medium • term. Investments in Debt & Money Market securities • such that the Macaulay duration of the portfolio is between 1 year and 3 years. *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. Maturity Bucket Asset Quality % NAV 21.98 51.03 26.98 0 10 20 30 40 50 60 70 Upto 1 year 1-3 years Above 3 years Asset Allocation Core Bucket ^ First Business Receivables Trust- wt. avg. mat: 1.98 years (PTC originated by Reliance Industries Limited) Investors understand that their principal will be at Low to Moderate risk
- 45. 45 IDFC Bond Fund – Medium Term Plan An open ended medium term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 years and 4 years 28th February 2021 FUND FEATURES PORTFOLIO About the Fund: The fund is positioned in the medium term fund category and invests in a mix of high quality debt and money market instruments, including G Secs. Category: Medium Duration Monthly Avg AUM: ` 4,709.51 Crores Month end AUM: ` 4,098.50 Crores Inception Date: 8 July 2003 Fund Manager: Mr. Suyash Choudhary (w.e.f. 15th September 2015) Other Parameter: Standard Deviation (Annualized) 3.40% Modified Duration 3.55 years Average Maturity 4.41 years Macaulay Duration 3.66 years Yield to Maturity 5.69% Total Expense Ratio Regular 1.46% Direct 0.76% Benchmark: NIFTY AAA Medium Duration Bond Index (with effect from November 11, 2019) SIP (Minimum Amount): ` 1000/- SIP Frequency: Monthly SIP Dates (Monthly): Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment. Investment Objective: Refer Pg No from 63 to 64 Minimum Investment Amount: ` 5,000/- and any amount thereafter Option Available: Growth, Dividend - Daily (Reinvestment only) and Fortnightly, Monthly, Bi-monthly, Quarterly and Periodic frequency (each with payout, reinvestment and sweep facility). Exit Load: NIL (w.e.f. 15th January 2019) NAV (`) as on February 26, 2021 Plan Option Freq NAV Regular Plan Growth - 36.2833 Regular Plan Dividend BiMonthly 11.6835 Regular Plan Dividend Fortnightly 10.0586 Regular Plan Dividend Monthly 10.0701 Regular Plan Dividend Daily 10.0859 Regular Plan Dividend Quarterly 10.7588 Regular Plan Dividend Periodic 12.3903 Name Rating % of NAV Government Bond 65.06% 6.79%-2027 G-Sec SOV 31.74% 8.24%-2027 G-Sec SOV 14.41% 8.15%-2026 G-Sec SOV 8.54% 5.22%-2025 G-Sec SOV 4.34% 6.97%-2026 G-Sec SOV 3.38% 7.26%-2029 G-Sec SOV 1.48% 8.33%-2026 G-Sec SOV 1.15% 5.15%-2025 G-Sec SOV 0.02% Corporate Bond 22.36% Power Finance Corporation AAA 7.34% Reliance Industries AAA 6.84% LIC Housing Finance AAA 2.85% HDFC AAA 2.41% REC AAA 2.27% Indian Railway Finance Corporation AAA 0.62% NABARD AAA 0.03% Treasury Bill 8.77% 182 Days Tbill-2021 SOV 5.00% 364 Days Tbill-2021 SOV 3.78% PTC 0.87% First Business Receivables Trust^ AAA(SO) 0.87% State Government Bond 0.84% 8.25% Maharastra SDL-2025 SOV 0.40% 8.2% Gujarat SDL-2025 SOV 0.40% 8.37% Tamil Nadu SDL-2028 SOV 0.05% 8.25% Andhra PradeshSDL-2023 SOV 0.0005% 8.68% Gujarat SDL-2023 SOV 0.0001% Net Cash and Cash Equivalent 2.09% Grand Total 100.00% Performance Table Scheme Name CAGR Returns (%) Current Value of Investment of ` 10,000 1 Year 3 Years 5 Years Since Inception 1 Year 3 Years 5 Years Since Inception IDFC Bond Fund – Medium Term Plan* 6.58% 8.07% 7.75% 7.57% 10,656 12,619 14,524 36,283 NIFTY AAA Medium Duration Bond Index# 9.34% 9.05% 8.85% 7.95% 10,931 12,967 15,280 38,589 CRISIL 1 Year T-Bill## 5.47% 6.65% 6.56% 6.05% 10,546 12,127 13,739 28,194 Performance based on NAV as on 26/02/2021 Past performance may or may not be sustained in future. The performances given are of regular plan growth option. Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc. For other funds managed by the fund manager, please refer page no. 52 - 54 & the respective fund pages # Benchmark Returns. ## Alternate Benchmark Returns. Standard Deviation calculated on the basis of 1 year history of monthly data * Inception Date of Regular Plan - Growth Jul 08, 2003. Gsec/SDL yields have been annualized wherever applicable Asset Quality Asset Allocation Maturity Bucket % NAV 15.90 13.90 70.20 0 10 20 30 40 50 60 70 80 Upto 1 year 1-3 years Above 3 years Core Bucket ^ First Business Receivables Trust- wt. avg. mat: 2.11 years (PTC originated by Reliance Industries Limited) This product is suitable for investors who are seeking*: To generate optimal returns over medium term. • Investments in Debt & Money Market securities • such that the Macaulay duration of the portfolio is between 3 years and 4 years. *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. Investors understand that their principal will be at Moderate risk
- 46. 46 The scheme has been in existence for less than 1 year, hence performance has not been disclosed.Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc. For other funds managed by the fund manager, please refer page no. 52 - 54 & the respective fund pages IDFC Floating Rate Fund An Open-ended Debt Scheme predominantly investing in floating rate instruments (including fixed rate instruments converted to floating rate exposures using swaps/derivatives) 28th February 2021 FUND FEATURES PORTFOLIO About the Fund: The Fund seeks to generate returns by creating a portfolio that is primarily invested in floating rate instruments, including fixed rate instruments swapped for floating returns and other debt and money market instruments. Category: Floater Fund Monthly Avg AUM: ` 273.63 Crores Month end AUM: ` 710.78 Crores Inception Date: 18 February 2021 Fund Manager: Mr. Anurag Mittal & Mr. Arvind Subramanian (w.e.f. 18th February 2021) Other Parameter: Modified Duration 304 Days Average Maturity 341 Days Macaulay Duration 320 Days Yield to Maturity 4.29% Total Expense Ratio Regular 0.75% Direct 0.27% Benchmark: Nifty Low Duration Debt Index SIP (Minimum Amount): ` 1,000/- and in multiples of Re.1 thereafter (minimum 6 installments) SIP Frequency: Monthly SIP Dates (Monthly): Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment. Investment Objective: Refer Pg No from 63 to 64 Minimum Investment Amount: Fresh Purchase ` 5,000/- and any amount thereafter Option Available: Growth & Dividend Option – Daily, Weekly, Monthly, Quarterly, Annual and Periodic (each with Reinvestment, Payout and Sweep facility) Exit Load: NIL NAV (`) as on February 26, 2021 Plan Option Freq NAV Regular Plan Growth - 10.0043 Regular Plan Dividend Daily 9.9987 Regular Plan Dividend Weekly 10.0043 Regular Plan Dividend Monthly 10.0043 Regular Plan Dividend Periodic 10.0043 Regular Plan Dividend Quarterly 10.0043 Regular Plan Dividend Annual 10.0043 Name Rating % of NAV Corporate Bond 29.22% REC AAA 7.31% State Bank of India^^ AA+ 5.15% Bank of Baroda^^ AA+ 5.08% Power Finance Corporation AAA 4.33% Jamnagar Utilities & Power Private AAA 3.00% HDFC AAA 2.90% HDFC Bank Limited^^ AA+ 1.46% Certificate of Deposit 18.52% NABARD A1+ 9.45% The Federal Bank A1+ 4.19% RBL Bank A1+ 3.49% Bank of Baroda A1+ 1.40% Floating Rate Note 9.85% Axis Bank A1+ 9.85% Government Bond 7.31% 8.20%-2022 G-Sec SOV 7.31% Net Cash and Cash Equivalent 35.09% Grand Total 100.00% Asset Quality Asset Allocation Maturity Bucket % NAV 70.78 24.08 5.15 0 10 20 30 40 50 60 70 80 Upto 1 year 1-3 years Above 3 years Satellite Bucket ^^ AT1 Bonds under Basel III This product is suitable for investors who are seeking*: To generate short-term optimal returns. • To invest predominantly in floating rate • instruments. *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. Investors understand that their principal will be at Low to Moderate risk
- 47. 47 Performance Table Scheme Name CAGR Returns (%) Current Value of Investment of ` 10,000 1 Year 3 Years 5 Years Since Inception 1 Year 3 Years 5 Years Since Inception IDFC Credit Risk Fund* 4.93% 6.94% NA 6.66% 10,492 12,226 NA 12,934 65% NIFTY AA Short Duration Bond Index + 35% NIFTY AAA Short Duration Bond Index# 10.39% 9.25% NA 8.48% 11,036 13,035 NA 13,836 CRISIL 1 Year T-Bill## 5.47% 6.65% NA 6.40% 10,546 12,127 NA 12,806 The scheme has been in existence for more than 3 year but less than 5 years. Performance based on NAV as on 26/02/2021 Past performance may or may not be sustained in future. The performances given are of regular plan growth option. Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc. For other funds managed by the fund manager, please refer page no. 52 - 54 & the respective fund pages # Benchmark Returns. ## Alternate Benchmark Returns. Standard Deviation calculated on the basis of 1 year history of monthly data * Inception Date of Regular Plan - Growth Mar 3, 2017. IDFC Credit Risk Fund An open ended debt scheme predominantly investing in AA and below rated corporate bonds 28th February 2021 FUND FEATURES PORTFOLIO About the Fund: IDFC Credit Risk Fund aims to provide an optimal risk-reward profile to investors by focusing on companies with well-run management and evolving business prospects or good businesses with improving financial profile. Category: Credit Risk Monthly Avg AUM: ` 832.92 Crores Month end AUM: ` 835.23 Crores Inception Date: 03 March 2017 Fund Manager: Mr. Arvind Subramanian (w.e.f. 03rd March 2017) Other Parameter: Standard Deviation (Annualized) 3.37% Modified Duration 2.68 years Average Maturity 3.43 years Macaulay Duration 2.84 years Yield to Maturity 7.28% Total Expense Ratio Regular 1.70% Direct 0.66% Benchmark: 65% NIFTY AA Short Duration Bond Index + 35% NIFTY AAA Short Duration Bond Index (with effect from November 11, 2019) SIP (Minimum Amount): ` 1,000/- SIP Frequency: Monthly SIP Dates (Monthly): Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment. Investment Objective: Refer Pg No from 63 to 64 Minimum Investment Amount: ` 5,000/- and any amount thereafter Option Available: Growth, Dividend - Quarterly, Half yearly, Annual and Periodic (Payout, Reinvestment & Sweep facility) Exit Load: 1% if redeemed/switched out within 365 days from the date of allotment NAV (`) as on February 26, 2021 Plan Option Freq NAV Regular Plan Growth - 12.9340 Regular Plan Dividend Periodic 10.7566 Regular Plan Dividend Annual 10.7635 Regular Plan Dividend Half Yearly 10.3397 Regular Plan Dividend Quarterly 10.2665 Name Rating % of NAV Corporate Bond 48.11% Afcons Infrastructure A+ 6.23% Tata Power Renewable Energy* AA(CE) 6.17% Reliance Industries AAA 6.00% IndusInd Bank @ AA 5.81% National Highways Auth of Ind AAA 5.67% Indian Bank@ AA 5.35% Bank of Baroda@ AA+ 3.64% Bank of Baroda@ AA 3.05% Tata Steel AA- 3.03% Indian Railway Finance Corporation AAA 1.27% HDFC AAA 0.65% Tata Power Company AA 0.62% State Bank of India@ AA+ 0.61% Government Bond 21.53% 7.17%-2028 G-Sec SOV 14.86% 5.22%-2025 G-Sec SOV 3.53% 7.59%-2026 G-Sec SOV 2.55% 5.15%-2025 G-Sec SOV 0.58% Zero Coupon Bond 8.89% Aditya Birla Fashion and Retail AA 8.89% PTC 8.51% First Business Receivables Trust^ AAA(SO) 8.51% Net Cash and Cash Equivalent 12.96% Grand Total 100.00% This product is suitable for investors who are seeking*: To generate optimal returns over medium to • long term. To predominantly invest in a portfolio of • corporate debt securities across the credit spectrum. *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. Asset Quality Asset Allocation Maturity Bucket % NAV 27.14 26.40 46.46 0 10 20 30 40 50 60 Upto 1 year 1-3 years Above 3 years Satellite Bucket *Corporate Guarantee from Tata Power ^ First Business Receivables Trust- wt. avg. mat: 2.04 years (PTC originated by Reliance Industries Limited) @ AT1 bonds under Basel III Investors understand that their principal will be at Moderately High risk
- 48. 48 IDFC Bond Fund – Income Plan An open ended medium term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 4 years and 7 years 28th February 2021 FUND FEATURES PORTFOLIO About the Fund: An actively managed bond fund (with Macaulay duration between 4 to 7 years) which seeks to invest in highly rated money market and debt instruments (including government securities) and aims to generate stable long term returns through mix of accrual income and capital appreciation. Category: Medium to Long Duration Monthly Avg AUM: ` 693.58 Crores Month end AUM: ` 686.14 Crores Inception Date: 14 July 2000 Fund Manager: Mr. Suyash Choudhary (Since 15th October 2010) Other Parameter: Standard Deviation (Annualized) 4.75% Modified Duration 4.97 years Average Maturity 6.32 years Macaulay Duration 5.12 years Yield to Maturity 6.38% Total Expense Ratio Regular 1.95% Direct 1.21% Benchmark: CRISIL Composite Bond Fund Index SIP (Minimum Amount): ` 1000/- SIP Frequency: Monthly SIP Dates (Monthly): Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment. Investment Objective: Refer Pg No from 63 to 64 Minimum Investment Amount: ` 5,000/- and any amount thereafter Option Available: Growth, Dividend - Quarterly, Half Yearly, Annual & Periodic (each with payout, reinvestment and sweep facility) Exit Load: If redeemed/switched out within 365 days from the date of allotment: For 10% of investment : Nil, For remaining investment : 1% If redeemed/switched out after 365 days from the date of allotment: Nil NAV (`) as on February 26, 2021 Plan Option Freq NAV Regular Plan Dividend Quarterly 11.6098 Regular Plan Growth - 52.4048 Regular Plan Dividend Annual 12.0594 Regular Plan Dividend Half Yearly 11.5292 Regular Plan Dividend Periodic 12.0155 Name Rating % of NAV Government Bond 98.00% 6.79%-2027 G-Sec SOV 44.37% 8.24%-2027 G-Sec SOV 34.97% 7.26% - 2029 G-Sec SOV 14.62% 5.15% - 2025 G-Sec SOV 3.84% 6.97% - 2026 G-Sec SOV 0.15% 7.73%-2034 G-Sec SOV 0.06% Corporate Bond 0.80% REC AAA 0.80% Net Cash and Cash Equivalent 1.20% Grand Total 100.00% Performance Table Scheme Name CAGR Returns (%) Current Value of Investment of ` 10,000 1 Year 3 Years 5 Years Since Inception 1 Year 3 Years 5 Years Since Inception IDFC Bond Fund – Income Plan* 5.83% 8.90% 8.16% 8.36% 10,582 12,910 14,801 52,405 CRISIL Composite Bond Fund Index# 6.94% 9.23% 8.69% NA 10,692 13,030 15,168 NA CRISIL 10 year Gilt Index## 4.93% 8.94% 7.34% NA 10,492 12,927 14,246 NA Performance based on NAV as on 26/02/2021 Past performance may or may not be sustained in future. The performances given are of regular plan growth option. Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc. For other funds managed by the fund manager, please refer page no. 52 - 54 & the respective fund pages # Benchmark Returns. ## Alternate Benchmark Returns. Standard Deviation calculated on the basis of 1 year history of monthly data * Inception Date of Regular Plan - Growth Jul 14, 2000. Gsec/SDL yields have been annualized wherever applicable This product is suitable for investors who are seeking*: To generate optimal returns over Long term. • Investments in Debt & Money Market securities • such that the Macaulay duration of the portfolio is between 4 years and 7 years *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. Maturity Bucket Asset Quality Asset Allocation % NAV 1.20 0.00 3.84 94.91 0.06 0 20 40 60 80 100 Upto 1 year 1-3 years 3-5 years 5-10 years Above 10 years AAA mfs by ICRA Satellite Bucket Investors understand that their principal will be at Moderate risk
- 49. 49 IDFC Dynamic Bond Fund An open ended dynamic debt scheme investing across duration 28th February 2021 FUND FEATURES PORTFOLIO About the Fund: The fund is positioned in the Dynamic Bond Fund category to take exposure across the curve depending upon the fund manager’s underlying interest rate view where we employ the majority of the portfolio. It is a wide structure and conceptually can go anywhere on the curve. Category: Dynamic Bond Monthly Avg AUM: ` 3,149.33 Crores Month end AUM: ` 3,113.59 Crores Inception Date: 25 June 2002 Fund Manager: Mr. Suyash Choudhary (Since 15th October 2010) Other Parameter: Standard Deviation (Annualized) 4.87% Modified Duration 4.94 years Average Maturity 6.28 years Macaulay Duration 5.09 years Yield to Maturity 6.35% Total Expense Ratio Regular 1.63% Direct 0.59% Benchmark: CRISIL Composite Bond Fund Index SIP (Minimum Amount): ` 1000/- SIP Frequency: Monthly SIP Dates (Monthly): Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment. Investment Objective: Refer Pg No from 63 to 64 Minimum Investment Amount: ` 5,000/- and any amount thereafter Option Available: Growth, Dividend - Periodic, Quarterly, Half Yearly, Annual and Regular frequency (each with Reinvestment, Payout and Sweep facility) Exit Load: Nil (w.e.f. 17th October 2016) NAV (`) as on February 26, 2021 Plan Option Freq NAV Regular Plan Growth - 26.6982 Regular Plan Dividend - 10.9902 Regular Plan Dividend Quarterly 11.0002 Regular Plan Dividend Annual 11.6204 Regular Plan Dividend Half Yearly 10.4442 Regular Plan Dividend Periodic 11.4058 Performance Table Scheme Name CAGR Returns (%) Current Value of Investment of ` 10,000 1 Year 3 Years 5 Years Since Inception 1 Year 3 Years 5 Years Since Inception IDFC Dynamic Bond Fund* 6.89% 9.56% 8.69% 8.35% 10,687 13,149 15,164 26,698 CRISIL Composite Bond Fund Index# 6.94% 9.23% 8.69% 8.22% 10,692 13,030 15,168 26,292 CRISIL 10 Year Gilt Index## 4.93% 8.94% 7.34% 6.16% 10,492 12,927 14,246 20,779 Performance based on NAV as on 26/02/2021 Past performance may or may not be sustained in future. The performances given are of regular plan growth option. Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc. Standard Deviation calculated on the basis of 1 year history of monthly data For other funds managed by the fund manager, please refer page no. 52 - 54 & the respective fund pages # Benchmark Returns. ## Alternate Benchmark Returns. * Inception Date of Regular Plan - Growth Dec 03, 2008. Gsec/SDL yields have been annualized wherever applicable This product is suitable for investors who are seeking*: To generate long term optimal returns by active • management. Investments in money market & debt • instruments including G-Sec across duration. *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. Maturity Bucket Asset Quality Asset Allocation % NAV 1.70 0.00 0.50 97.80 0.00 0 20 40 60 80 100 Upto 1 year 1-3 years 3-5 years 5-10 years Above 10 years Name Rating % of NAV Government Bond 98.30% 6.79%-2027 G-Sec SOV 47.73% 7.26%-2029 G-Sec SOV 15.17% 8.24%-2027 G-Sec SOV 14.99% 6.97%-2026 G-Sec SOV 11.51% 8.15%-2026 G-Sec SOV 7.55% 7.27% - 2026 G-Sec SOV 0.85% 5.15% - 2025 G-Sec SOV 0.50% 8.20% - 2025 G-Sec SOV 0.004% 7.17% - 2028 G-Sec SOV 0.003% Net Cash and Cash Equivalent 1.70% Grand Total 100.00% AAA mfs by ICRA Satellite Bucket Investors understand that their principal will be at Moderate risk
- 50. 50 IDFC Government Securities Fund - Constant Maturity Plan An open ended debt scheme investing in government securities having a constant maturity of 10 years 28th February 2021 FUND FEATURES PORTFOLIO About the Fund: The fund is a mix of government bonds, state development loans (SDLs), treasury bills and/or cash management bills. The fund will predominantly have an average maturity of around 10 years. Category: Gilt Fund with 10 year constant duration Monthly Avg AUM: ` 340.55 Crores Month end AUM: ` 320.16 Crores Inception Date: 9 March 2002 Fund Manager: Mr. Harshal Joshi (w.e.f. 15th May 2017) Other Parameter: Standard Deviation (Annualized) 5.16% Modified Duration 6.43 years Average Maturity 8.92 years Macaulay Duration 6.64 years Yield to Maturity 6.67% Total Expense Ratio Regular 0.62% Direct 0.49% Benchmark: CRISIL 10 year Gilt Index (w.e.f. 28th May 2018) SIP (Minimum Amount): ` 1,000/- SIP Frequency: Monthly SIP Dates (Monthly): Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment. Investment Objective: Refer Pg No from 63 to 64 Minimum Investment Amount: ` 5,000/- and any amount thereafter Option Available: Both the Plans under the Scheme have Growth & Dividend Option. Dividend Option under the Scheme offers Quarterly, Half yearly, Annual, Regular and Periodic frequency (each with payout, reinvestment and sweep facility). Exit Load: Nil. Yields for GSec/SDLs have been annualized wherever applicable. NAV (`) as on February 26, 2021 Plan Option Freq NAV Regular Plan Growth - 35.0046 Regular Plan Dividend Quarterly 11.0420 Regular Plan Dividend Annual N.A Regular Plan Dividend Periodic 13.4593 Regular Plan Dividend Weekly 9.8815 Regular Plan Dividend Monthly 10.1279 Name Rating % of NAV Government Bond 97.98% 7.26% - 2029 G-Sec SOV 77.35% 6.19% - 2034 G-Sec SOV 14.83% 6.68% - 2031 G-Sec SOV 3.14% 7.73% - 2034 G-Sec SOV 1.69% 6.79% - 2027 G-Sec SOV 0.64% 7.17% - 2028 G-Sec SOV 0.33% Net Cash and Cash Equivalent 2.02% Grand Total 100.00% Performance Table Scheme Name CAGR Returns (%) Current Value of Investment of ` 10,000 1 Year 3 Years 5 Years Since Inception 1 Year 3 Years 5 Years Since Inception IDFC Government Securities Fund - Constant Maturity Plan*^ 6.75% 11.82% 10.15% 6.82% 10,673 13,976 16,212 35,005 CRISIL 10 year Gilt Index# 4.93% 8.61% 8.11% NA 10,492 12,809 14,767 NA CRISIL 1 Year T-Bill## 5.47% 6.65% 6.56% 6.06% 10,546 12,127 13,739 30,576 Performance based on NAV as on 26/02/2021 Past performance may or may not be sustained in future. The performances given are of regular plan growth option. Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc. For other funds managed by the fund manager, please refer page no. 52 - 54 & the respective fund pages. # Benchmark Returns. ## Alternate Benchmark Returns. * Inception Date of Regular Plan - Growth Mar 09, 2002. Standard Deviation calculated on the basis of 1 year history of monthly data Gsec/SDL yields have been annualized wherever applicable ^The fund is repositioned w.e.f. May 28, 2018 ß Current Index performance adjusted for the period from since inception to May 28, 2018 with the performance of I-Sec Si Bex (Benchmark) This product is suitable for investors who are seeking*: To generate optimal returns over long term. • Investments in Government Securities such that • the average maturity of the portfolio is around 10 years. *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. Asset Allocation Maturity Bucket Asset Quality % NAV 2.02 0.00 0.00 78.32 19.66 0 20 40 60 80 100 Upto 1 year 1-3 years 3-5 years 5-10 years Above 10 years Satellite Bucket Investors understand that their principal will be at Moderate risk
- 51. 51 PORTFOLIO Name Rating % of NAV Government Bond 97.82% 6.79% - 2027 G-Sec SOV 51.50% 7.26%-2029 G-Sec SOV 20.59% 8.24%-2027 G-Sec SOV 14.92% 6.97%-2026 G-Sec SOV 10.80% 7.17%-2028 G-Sec SOV 0.004% Net Cash and Cash Equivalent 2.18% Grand Total 100.00% Performance Table Scheme Name CAGR Returns (%) Current Value of Investment of ` 10,000 1 Year 3 Years 5 Years Since Inception 1 Year 3 Years 5 Years Since Inception IDFC Government Securities Fund – IP* 7.60% 11.13% 9.55% 8.53% 10,758 13,722 15,776 27,247 CRISIL Dynamic Gilt Index# 6.64% 9.47% 8.41% 7.58% 10,662 13,116 14,972 24,455 CRISIL 10 year Gilt Index## 4.93% 8.94% 7.34% 6.16% 10,492 12,927 14,246 20,779 Performance based on NAV as on 26/02/2021 Past performance may or may not be sustained in future. The performances given are of regular plan growth option. Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc. For other funds managed by the fund manager, please refer page no. 52 - 54 & the respective fund pages # Benchmark Returns. ## Alternate Benchmark Returns. Standard Deviation calculated on the basis of 1 year history of monthly data * Inception Date of Regular Plan - Growth Dec 03, 2008. Gsec/SDL yields have been annualized wherever applicable Maturity Bucket Asset Quality Asset Allocation % NAV 2.18 0.00 0.00 97.82 0.00 0 20 40 60 80 100 Upto 1 year 1-3 years 3-5 years 5-10 years Above 10 years IDFC Government Securities Fund – Investment Plan An open ended debt scheme investing in government securities across maturities 28th February 2021 FUND FEATURES About the Fund: A dedicated gilt fund with an objective to generate optimal returns with high liquidity by investing in Government Securities. Category: Gilt Monthly Avg AUM: ` 1,781.05 Crores Month end AUM: ` 1,659.44 Crores Inception Date: 9 March 2002 Fund Manager: Mr. Suyash Choudhary (Since 15th October 2010) Other Parameter: Standard Deviation (Annualized) 5.05% Modified Duration 5.04 years Average Maturity 6.44 years Macaulay Duration 5.20 years Yield to Maturity 6.37% Total Expense Ratio Regular 1.24% Direct 0.61% Benchmark: CRISIL Dynamic Gilt Index (w.e.f. 01 February 2019) SIP (Minimum Amount): ` 1,000/- SIP Frequency: Monthly SIP Dates (Monthly): Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment. Investment Objective: Refer Pg No from 63 to 64 Minimum Investment Amount: ` 5,000/- and any amount thereafter Option Available: Growth & Dividend Option - Quarterly, Half yearly, Annual, Regular and Periodic (each with payout, reinvestment and sweep facility). Exit Load: Nil (w.e.f. 15th July 2011) NAV (`) as on February 26, 2021 Plan Option Freq NAV Regular Plan Dividend - 11.1124 Regular Plan Growth - 27.2467 Regular Plan Dividend Quarterly 11.2620 Regular Plan Dividend Annual 11.5931 Regular Plan Dividend Half Yearly 10.8380 Regular Plan Dividend Periodic 13.8510 This product is suitable for investors who are seeking*: To generate long term optimal returns. • Investments in Government Securities across • maturities. *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. Satellite Bucket Investors understand that their principal will be at Moderate risk
- 52. 52 Period 1 Year 3 Years 5 Years Managing Since Benchmark Index Scheme Return (%) Benchmark Return (%) Scheme Return (%) Benchmark Return (%) Scheme Return (%) Benchmark Return (%) Fund Manager Name: Mr. Anoop Bhaskar IDFC Core Equity Fund 30-04-2016 NIFTY LargeMidcap 250 TRI 25.89% 36.62% 7.28% 11.01% 15.82% 18.54% IDFC Flexi Cap Fund£ 30-04-2016 S&P BSE 500 TRI 14.64% 34.42% 5.02% 11.12% 11.76% 17.54% IDFC Sterling Value Fund1 30-04-2016 S&P BSE 400 MidSmallCap TRI 37.74% 43.89% 4.02% 6.75% 16.89% 17.67% IDFC Hybrid Equity Fund4 30-12-2016 65% S&P BSE 200 TRI + 35% NIFTY AAA Short Duration Bond Index 23.48% 26.53% 6.83% 11.22% NA NA IDFC Emerging Businesses Fund 25-02-2020 S&P BSE 250 SmallCap TRI 61.60% 45.20% NA NA NA NA IDFC Equity Opportunity - Series 5 16-03-2018 S&P BSE 500 TRI 25.10% 34.42% NA NA NA NA IDFC Equity Opportunity - Series 6 27-07-2018 S&P BSE 500 TRI 33.78% 34.42% NA NA NA NA Mr. Anoop Bhaskar manages 7 schemes of IDFC Mutual Fund. Fund Manager Name: Mr. Anurag Mittal IDFC Regular Savings Fund 09-11-2015 15% S&P BSE 200 TRI + 85% NIFTY AAA Short Duration Bond Index 7.63% 13.51% 6.38% 9.51% 8.13% 10.16% IDFC Cash Fund (As on 28 February, 2021) 09-11-2015 CRISIL Liquid Fund Index 3.69% 4.27% 5.68% 6.16% 6.21% 6.51% IDFC Low Duration Fund6 09-11-2015 NIFTY Low Duration Debt Index 5.95% 5.94% 7.25% 7.23% 7.47% 7.35% IDFC Money Manager Fund7 09-11-2015 NIFTY Money Market Index 4.53% 4.71% 5.84% 6.38% 6.29% 6.72% IDFC Banking & PSU Debt Fund 15-05-2017 NIFTY Banking & PSU Debt Index 8.23% 7.33% 9.45% 8.09% 8.23% 7.97% IDFC Corporate Bond Fund 12-01-2016 NIFTY AAA Short Duration Bond Index 8.59% 8.75% 8.23% 8.81% 8.27% 8.46% IDFC Hybrid Equity Fund4 30-12-2016 65% S&P BSE 200 TRI + 35% NIFTY AAA Short Duration Bond Index 23.48% 26.53% 6.83% 11.22% NA NA IDFC Fixed Term Plan - Series 149 04-06-2018 CRISIL Composite Bond Fund Index 8.02% 6.94% NA NA NA NA IDFC Fixed Term Plan - Series 152 22-06-2018 CRISIL Composite Bond Fund Index 8.43% 6.94% NA NA NA NA IDFC Fixed Term Plan - Series 154 27-06-2018 CRISIL Composite Bond Fund Index 6.65% 6.94% NA NA NA NA IDFC Fixed Term Plan - Series 156 12-07-2018 CRISIL Composite Bond Fund Index 6.93% 6.94% NA NA NA NA IDFC Fixed Term Plan - Series 159 20-07-2018 CRISIL Composite Bond Fund Index 7.05% 6.94% NA NA NA NA IDFC Fixed Term Plan - Series 160 09-08-2018 CRISIL Composite Bond Fund Index 7.12% 6.94% NA NA NA NA IDFC Fixed Term Plan - Series 161 29-08-2018 CRISIL Composite Bond Fund Index 7.47% 6.94% NA NA NA NA IDFC Fixed Term Plan - Series 163 14-12-2018 CRISIL Composite Bond Fund Index 8.65% 6.94% NA NA NA NA IDFC Fixed Term Plan - Series 166 28-12-2018 CRISIL Composite Bond Fund Index 8.86% 6.94% NA NA NA NA IDFC Fixed Term Plan - Series 167 10-01-2019 CRISIL Composite Bond Fund Index 8.71% 6.94% NA NA NA NA IDFC Fixed Term Plan - Series 176 21-02-2019 CRISIL Composite Bond Fund Index 8.51% 6.94% NA NA NA NA IDFC Fixed Term Plan - Series 177 13-03-2019 CRISIL Composite Bond Fund Index 8.52% 6.94% NA NA NA NA IDFC Fixed Term Plan - Series 178 26-03-2019 CRISIL Composite Bond Fund Index 8.65% 6.94% NA NA NA NA IDFC Fixed Term Plan - Series 179 13-03-2019 CRISIL Composite Bond Fund Index 5.88% 6.94% NA NA NA NA Mr. Anurag Mittal manages 22 schemes of IDFC Mutual Fund.* Performance Table (Others Funds Managed by the Fund Managers) Performance based on NAV as on 26/02/2021 Past Performance may or may not be sustained in future The performance details provided herein are of regular plan growth option. Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc. With effect from 1st February 2018, we are comparing the performances of the funds with the total return variant of the benchmark instead of the price return variant **The benchmark has been changed from CRISIL Liquid Fund Index to Nifty 50 Arbitrage Index w.e.f. April 01, 2018. 1 The fund has been repositioned from a mid cap fund to a value fund w.e.f. May 28, 2018. 2 The fund has been repositioned from an IPO fund to a large cap fund w.e.f. April 18, 2017 4 The fund has been repositioned from Balanced category to Aggressive Hybrid category w.e.f. April 30, 2018. 6 The fund has been repositioned from an ultra short term fund to a low duration fund w.e.f. may 28, 2018. 7 The fund has been repositioned from a floating rate fund to a money market fund w.e.f. June 4, 2018. § Current Index performance adjusted for the period from since inception to June 28, 2007 with the performance of S&P BSE 100 price return index (Benchmark) £ Note: “IDFC Multi Cap Fund” has been re-categorized from the Multi Cap Fund Category to the Flexi Cap Fund category and has been renamed as “IDFC Flexi Cap Fund“ with effect from Febru- ary 09, 2021. Refer the addendum issued in this regard detailing the changes being carried out to the SID of the Scheme which is available on our website i.e. www.idfcmf.com. *IDFC Floating Rate Fund is managed by Mr. Anurag Mittal and Mr. Arvind Subramanian (w.e.f. 18th February 2021). The scheme has been in existence for less than 1 year, hence performance has not been disclosed.
- 53. 53 Period 1 Year 3 Years 5 Years Managing Since Benchmark Index Scheme Return (%) Benchmark Return (%) Scheme Return (%) Benchmark Return (%) Scheme Return (%) Benchmark Return (%) Fund Manager Name: Mr. Arpit Kapoor IDFC Large Cap Fund2§ 01-03-2017 S&P BSE 100 TRI 25.22% 32.41% 10.06% 12.14% 15.27% 16.79% IDFC Dynamic Equity Fund 01-03-2017 50% S&P BSE 200 TRI + 50% NIFTY AAA Short Duration Bond Index 14.31% 23.02% 8.33% 10.78% 9.74% 13.62% IDFC Nifty Fund 01-03-2017 Nifty 50 TRI 31.25% 31.37% 12.56% 12.88% 16.84% 17.29% IDFC Arbitrage Fund 01-03-2017 Nifty 50 Arbitrage Index** 2.90% 1.86% 5.16% 4.54% 5.55% 4.84% IDFC Asset Allocation Fund of Fund - Aggressive Plan^5 18-04-2018 65% S&P BSE 200 TRI + 30% CRISIL Short Term Index + 5% Gold Prices 16.94% 22.18% 5.72% 12.35% 9.93% 15.29% IDFC Asset Allocation Fund of Fund - Conservative Plan^5 18-04-2018 15% S&P BSE 200 TRI + 80% CRISIL Short Term Index + 5% Gold Prices 8.47% 12.10% 6.62% 11.30% 8.15% 11.02% IDFC Asset Allocation Fund of Fund - Moderate Plan^5 18-04-2018 40% S&P BSE 200 TRI + 55% CRISIL Short Term Index + 5% Gold Prices 11.11% 17.55% 6.05% 11.85% 8.78% 11.35% Mr. Arpit Kapoor manages 7 schemes of IDFC Mutual Fund. Fund Manager Name: Mr. Arvind Subramanian IDFC Dynamic Equity Fund 09-11-2015 50% S&P BSE 200 TRI + 50% NIFTY AAA Short Duration Bond Index 14.31% 23.02% 8.33% 10.78% 9.74% 13.62% IDFC Credit Risk Fund 03-03- 2017 65% NIFTY AA Short Dura- tion Bond Index + 35% NIFTY AAA Short Duration Bond Index 4.93% 10.39% 6.94% 9.25% NA NA Mr. Arvind Subramanian manages 3 schemes of IDFC Mutual Fund. Fund Manager Name: Mr. Daylynn Pinto IDFC Tax Advantage (ELSS) Fund 20-10-2016 S&P BSE 200 TRI 41.41% 33.70% 8.37% 12.06% 18.02% 17.63% IDFC Sterling Value Fund1 20-10-2016 S&P BSE 400 MidSmallCap TRI 37.74% 43.89% 4.02% 6.75% 16.89% 17.67% Mr. Daylynn Pinto manages 2 schemes of IDFC Mutual Fund. Fund Manager Name: Mr. Harshal Joshi IDFC Arbitrage Fund 15-07-2016 Nifty 50 Arbitrage Index** 2.90% 1.86% 5.16% 4.54% 5.55% 4.84% IDFC All Seasons Bond Fund 15-07-2016 NIFTY AAA Short Duration Bond Index 7.94% 8.75% 8.76% 8.81% 8.12% 8.46% IDFC Government Securities Fund - Constant Maturity Plan8ß 15-05-2017 CRISIL 10 year Gilt Index 6.75% 4.93% 11.82% 8.61% 10.15% 8.11% IDFC Cash Fund (As on 28 February, 2021) 15-09-2015 CRISIL Liquid Fund Index 3.69% 4.27% 5.68% 6.16% 6.21% 6.51% IDFC Money Manager Fund7 09-11-2015 NIFTY Money Market Index 4.53% 4.71% 5.84% 6.38% 6.29% 6.72% IDFC Ultra Short Term Fund 18-07-2018 NIFTY Ultra Short Duration Debt Index 5.07% 5.14% NA NA NA NA IDFC Equity Savings Fund3¥ 20-10-2016 30% Nifty 50 TRI + 70% CRISIL Liquid Fund Index 13.06% 22.52% 6.36% 10.52% 6.28% 9.12% IDFC Yearly Series Interval Fund - Series II 12-02-2013 CRISIL Short-Term Bond Fund Index 5.55% 7.52% 7.00% 8.69% 7.14% 8.16% IDFC Fixed Term Plan - Series 140 8-03-2018 CRISIL Composite Bond Fund Index 6.33% 6.94% NA NA NA NA IDFC Fixed Term Plan - Series 142 14-03-2018 CRISIL Composite Bond Fund Index 6.39% 6.94% NA NA NA NA IDFC Fixed Term Plan - Series 144 21-03-2018 CRISIL Composite Bond Fund Index 6.43% 6.94% NA NA NA NA Mr. Harshal Joshi manages 11 schemes of IDFC Mutual Fund. Performance Table (Others Funds Managed by the Fund Managers) Performance based on NAV as on 26/02/2021 Past Performance may or may not be sustained in future The performance details provided herein are of regular plan growth option. Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc. **The benchmark has been changed from CRISIL Liquid Fund Index to Nifty 50 Arbitrage Index w.e.f. April 01, 2018. ^ Current Index performance adjusted for the period from since inception to May 28, 2018 with the performance of CRISIL Hybrid 85+15 Conservative Index (Benchmark) and CRISIL Hybrid 35+65 - Aggressive Index (Benchmark) 1 The fund has been repositioned from a mid cap fund to a value fund w.e.f. May 28, 2018. 2 The fund has been repositioned from an IPO fund to a large cap fund w.e.f. April 18, 2017 5 The fund has been repositioned w.e.f. May 28, 2018 and since will invest only in the schemes of IDFC Mutual Funds. 7 The fund has been repositioned from a floating rate fund to a money market fund w.e.f. June 4, 2018. 8 The fund is repositioned w.e.f. May 28, 2018 ¥ Current Index performance adjusted for the period from since inception to April 30, 2018 with the performance of CRISIL Liquid Fund Index (Benchmark) ß Current Index performance adjusted for the period from since inception to May 28, 2018 with the performance of I-Sec Si Bex (Benchmark) *IDFC Floating Rate Fund is managed by Mr. Anurag Mittal and Mr. Arvind Subramanian (w.e.f. 18th February 2021). The scheme has been in existence for less than 1 year, hence performance has not been disclosed.
- 54. 54 Period 1 Year 3 Years 5 Years Managing Since Benchmark Index Scheme Return (%) Benchmark Return (%) Scheme Return (%) Benchmark Return (%) Scheme Return (%) Benchmark Return (%) Fund Manager Name: Mr. Sachin Relekar (w.e.f. 08th December 2020)£ IDFC Flexi Cap Fund$ 08-12-2020 S&P BSE 500 TRI 14.64% 34.42% 5.02% 11.12% 11.76% 17.54% IDFC Infrastructure Fund 08-12-2020 S&P BSE India Infrastructure TRI 40.36% 49.26% -0.99% 0.11% 14.49% 13.59% IDFC Equity Savings Fund3^ 08-12-2020 30% Nifty 50 TRI + 70% CRISIL Liquid Fund Index 13.06% 22.52% 6.36% 10.52% 6.28% 9.12% Mr. Sachin Relekar (w.e.f. 08th December 2020) manages 3 schemes of IDFC Mutual Funds. £ IDFC Infrastructure Fund, IDFC Equity Savings Fund were being managed by Mr. Rajendra Kumar Mishra upto December 7, 2020. Fund Manager Name: Mr. Sumit Agrawal IDFC Large Cap Fund2§ 01-03-2017 S&P BSE 100 TRI 25.22% 32.41% 10.06% 12.14% 15.27% 16.79% IDFC Dynamic Equity Fund 01-03-2017 50% S&P BSE 200 TRI + 50% NIFTY AAA Short Duration Bond Index 14.31% 23.02% 8.33% 10.78% 9.74% 13.62% IDFC Nifty Fund 01-03-2017 Nifty 50 TRI 31.25% 31.37% 12.56% 12.88% 16.84% 17.29% IDFC Focused Equity Fund 20-10-2016 S&P BSE 500 TRI 21.71% 34.42% 5.69% 11.12% 15.74% 17.54% IDFC Regular Savings Fund 20-10-2016 15% S&P BSE 200 TRI + 85% NIFTY AAA Short Duration Bond Index 7.63% 13.51% 6.38% 9.51% 8.13% 10.16% IDFC Equity Opportunity - Series 5 16-03-2018 S&P BSE 500 TRI 25.10% 34.42% NA NA NA NA IDFC Equity Opportunity - Series 6 27-07-2018 S&P BSE 500 TRI 33.78% 34.42% NA NA NA NA Mr. Sumit Agrawal manages 7 schemes of IDFC Mutual Fund. Fund Manager Name: Mr. Suyash Choudhary IDFC Bond Fund – Short Term Plan 11-03-2011 NIFTY AAA Short Duration Bond Index 7.30% 8.75% 8.24% 8.81% 7.83% 8.46% IDFC Bond Fund – Medium Term Plan 15-09-2015 NIFTY AAA Medium Duration Bond Index 6.58% 9.34% 8.07% 9.05% 7.75% 8.85% IDFC Bond Fund – Income Plan 15-10-2010 CRISIL Composite Bond Fund Index 5.83% 6.94% 8.90% 9.23% 8.16% 8.69% IDFC Dynamic Bond Fund 15-10-2010 CRISIL Composite Bond Fund Index 6.89% 6.94% 9.56% 9.23% 8.69% 8.69% IDFC Government Securities Fund – Investment Plan@ 15-10-2010 CRISIL Dynamic Gilt Index 7.60% 6.64% 11.13% 9.47% 9.55% 8.41% Mr. Suyash Choudhary manages 5 schemes of IDFC Mutual Fund. Fund Manager Name: Mr. Yogik Pitti IDFC Arbitrage Fund 27-06-2013 Nifty 50 Arbitrage Index** 2.90% 1.86% 5.16% 4.54% 5.55% 4.84% IDFC Equity Savings Fund3¥ 27-06-2013 30% Nifty 50 TRI + 70% CRISIL Liquid Fund Index 13.06% 22.52% 6.36% 10.52% 6.28% 9.12% IDFC Sensex ETF 07-10-2016 S&P BSE Sensex TRI 29.42% 30.00% 13.96% 14.22% NA NA IDFC Nifty ETF 07-10-2016 Nifty 50 TRI 30.73% 31.37% 12.64% 12.88% NA NA Mr. Yogik Pitti manages 4 schemes of IDFC Mutual Fund. Fund Manager Name: Mr. Brijesh Shah IDFC Overnight Fund (As on 28 February, 2021) 01-02-2019 NIFTY 1D Rate Index 2.91% 3.11% NA NA NA NA Mr. Brijesh Shah manages 1 schemes of IDFC Mutual Fund. Performance based on NAV as on 26/02/2021 Past Performance may or may not be sustained in future The performance details provided herein are of regular plan growth option. Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc. ^Current Index performance adjusted for the period from since inception to April 8, 2015 with the performance of CRISIL Short Term Bond fund index (Benchmark) & 1 year T Bill Index (Alternate Benchmark). ^^Current Index performance adjusted for the period from since inception to April 6, 2015 with the performance of CRISIL Short Term Bond fund index (Benchmark) & 1 year T Bill Index (Alternate Benchmark) . ^^^Current Index performance adjusted for the period from since inception to April 20, 2015 with the performance of CRISIL Short Term Bond fund index (Benchmark) & 1 year T Bill Index (Alternate Benchmark). **The benchmark has been changed from CRISIL Liquid Fund Index to Nifty 50 Arbitrage Index w.e.f. April 01, 2018. 3 The fund has been repositioned from an arbitrage fund to an equity savings fund w.e.f. April 30, 2018. ¥ Current Index performance adjusted for the period from since inception to April 30, 2018 with the performance of CRISIL Liquid Fund Index (Benchmark) @ The benchmark has been changed from I-Sec Composite Index to CRISIL Dynamic Gilt Index* w.e.f. February 01, 2019. § Current Index performance adjusted for the period from since inception to June 28, 2007 with the performance of S&P BSE 100 price return index (Benchmark) $ Note: “IDFC Multi Cap Fund” has been re-categorized from the Multi Cap Fund Category to the Flexi Cap Fund category and has been renamed as “IDFC Flexi Cap Fund“ with effect from February 09, 2021. Refer the addendum issued in this regard detailing the changes being carried out to the SID of the Scheme which is available on our website i.e. www.idfcmf.com. Performance Table (Others Funds Managed by the Fund Managers) ICRA Credit Risk Rating IDFC MMF, IDFC BF-ST, BF-MT, IDFC CBF, IDFC BF-IP, IDFC DBF : “Credit Risk Rating AAAmfs” - The Fund carries the lowest credit risk, similar to that associated with long-term debt obligations rated in the highest credit- quality category. IDFC Cash fund, IDFC LDF: “Credit Risk Rating A1+mfs” - The highest-credit-quality short-term rating assigned by ICRA to debt funds. Debt funds rated in this category carry the low- est credit risk in the short term and are similar to that of fixed income obligations of highest credit- quality category with maturity of upto one year. This rating should however, not be construed as an indication of the performance of the Mutual Fund scheme or of volatility in its returns. Source: ICRA Ltd. FITCH Credit Quality Rating IDFC Cash fund: “IND A1+ mfs” - Schemes with this rating are considered to have very strong degree of safety regarding timely receipt of payments from the investments that they have made. CARE Credit Quality Rating IDFC Overnight Fund: “CARE A1+ mfs”- Schemes with this rating are considered to have very strong degree of safety regarding timely receipt of payments from the investments that they have made.
- 55. 55 IDFC Core Equity Fund - Regular Plan - Growth 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception Aug 09, 2005 Total Amount Invested (`) 1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 18,70,000 Total Value as on February 26, 2021 (`) 1,61,981 4,64,775 8,25,587 12,86,460 22,86,750 46,61,986 Fund Returns (%) 72.36 17.42 12.77 12.00 12.40 10.87 Total Value of NIFTY LargeMidcap 250 TRI# 1,66,723 4,95,334 9,02,074 14,34,401 27,23,288 61,79,953 NIFTY LargeMidcap 250 TRI (%)# 81.22 22.00 16.38 15.05 15.67 14.02 Total Value of Nifty 50 TRI## 1,59,134 4,78,574 8,87,454 13,63,654 24,11,710 52,95,548 Nifty 50 TRI (%)## 67.10 19.51 15.71 13.63 13.40 12.30 SIP Performance Monthly SIP of `10,000 IDFC Sterling Value Fund - Regular Plan - Growth 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception Mar 07, 2008 Total Amount Invested (`) 1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 15,60,000 Total Value as on February 26, 2021 (`) 1,82,948 4,85,452 8,45,707 13,21,470 25,20,796 45,31,903 Fund Returns (%) 112.30 20.54 13.75 12.75 14.23 15.26 Total Value of S&P BSE 400 MidSmallCap TRI# 1,77,230 5,11,678 8,90,871 14,23,000 26,87,474 43,13,836 S&P BSE 400 MidSmallCap TRI (%)$ 101.16 24.37 15.87 14.83 15.42 14.59 Total Value of Nifty 50 TRI## 1,58,761 4,78,201 8,87,080 13,63,281 24,11,336 37,86,738 Nifty 50 TRI (%)## 66.33 19.45 15.69 13.62 13.40 12.80 IDFC Flexi Cap Fund -Regular Plan - Growth£ 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception Sep 28, 2005 Total Amount Invested (`) 1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 18,60,000 Total Value as on February 26, 2021 (`) 1,50,851 4,35,173 7,61,062 11,75,054 23,08,091 67,37,094 Fund Returns (%) 52.01 12.79 9.48 9.45 12.58 15.12 Total Value of S&P BSE 500 TRI# 1,62,357 4,83,681 8,83,349 13,75,865 24,92,141 54,07,245 S&P BSE 500 TRI (%)# 72.96 20.27 15.52 13.88 14.01 12.67 Total Value of Nifty 50 TRI## 1,58,761 4,78,201 8,87,080 13,63,281 24,11,336 52,13,864 Nifty 50 TRI (%)## 66.33 19.45 15.69 13.62 13.40 12.26 IDFC Focused Equity Fund - Regular Plan - Growth 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception Mar 16, 2006 Total Amount Invested (`) 1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 18,00,000 Total Value as on February 26, 2021 (`) 1,51,393 4,52,351 8,20,760 12,55,308 21,46,540 41,72,526 Fund Returns (%) 52.98 15.50 12.53 11.31 11.21 10.46 Total Value of S&P BSE 500 TRI# 1,62,357 4,83,681 8,83,349 13,75,865 24,92,141 50,15,138 S&P BSE 500 TRI (%)# 72.96 20.27 15.52 13.88 14.01 12.62 Total Value of Nifty 50 TRI## 1,58,761 4,78,201 8,87,080 13,63,281 24,11,336 48,20,889 Nifty 50 TRI (%)## 66.33 19.45 15.69 13.62 13.40 12.16 IDFC Large Cap Fund - Regular Plan - Growth 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception Jun 09, 2006 Total Amount Invested (`) 1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 17,70,000 Total Value as on February 26, 2021 (`) 1,52,455 4,62,699 8,37,424 12,68,778 21,90,592 40,77,027 Fund Returns (%) 54.94 17.10 13.35 11.61 11.60 10.57 Total Value of S&P BSE 100 TRI# 1,59,854 4,78,144 8,81,260 13,61,023 24,34,074 47,48,727 S&P BSE 100 TRI (%)# 68.42 19.45 15.43 13.58 13.57 12.40 Total Value of Nifty 50 TRI## 1,59,134 4,78,574 8,87,454 13,63,654 24,11,710 46,68,168 Nifty 50 TRI (%)## 67.10 19.51 15.71 13.63 13.40 12.20 IDFC Nifty Fund - Regular Plan - Growth 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception Apr 30, 2010 Total Amount Invested (`) 1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 13,10,000 Total Value as on February 26, 2021 (`) 1,58,511 4,76,377 8,79,734 13,45,485 23,64,975 26,84,269 Fund Returns (%) 65.95 19.18 15.35 13.26 13.03 12.54 Total Value of Nifty 50 TRI# 1,59,134 4,78,574 8,87,454 13,63,654 24,11,710 27,39,956 Nifty 50 TRI (%)# 67.10 19.51 15.71 13.63 13.40 12.89 Past performance may or may not be sustained in future.Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken into consideration. To illustrate the advantages of SIP investment, this is how your investment would have grown if you had invested say `10,000 systematically on the first business Day of every month over a period of time. Returns are calculated by using XIRR approach. XIRR helps in calculating return on investment given an initial and final value and a series of cash inflows and outflows with the correct allowance for the time impact of the transactions. The performances given are of regular plan growth option. Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc. #Benchmark Returns. ##Alternate Benchmark Returns. Data as on February 26, 2021. £ Note: “IDFC Multi Cap Fund” has been re-categorized from the Multi Cap Fund Category to the Flexi Cap Fund category and has been renamed as “IDFC Flexi Cap Fund“ with effect from February 09, 2021.
- 56. 56 IDFC Infrastructure Fund - Regular Plan - Growth 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception Mar 08, 2011 Total Amount Invested (`) 1,20,000 3,60,000 6,00,000 8,40,000 NA 12,00,000 Total Value as on February 26, 2021 (`) 1,82,060 4,69,362 7,84,775 11,90,592 NA 19,56,244 Fund Returns (%) 110.71 18.12 10.72 9.82 NA 9.46 Total Values of S&P BSE India Infrastructure TRI# 1,87,559 4,73,932 7,76,013 11,36,866 NA 19,37,534 S&P BSE India Infrastructure TRI (%)# 121.58 18.81 10.26 8.53 NA 9.28 Total Value of Nifty 50 TRI## 1,59,134 4,78,574 8,87,454 13,63,654 NA 24,12,898 Nifty 50 TRI (%)## 67.10 19.51 15.71 13.63 NA 13.41 SIP Performance Monthly SIP of `10,000 IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception Dec 26, 2008 Total Amount Invested (`) 1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 14,70,000 Total Value as on February 26, 2021 (`) 1,75,476 4,99,287 8,97,073 14,10,544 27,38,262 40,69,973 Fund Returns (%) 97.77 22.57 16.15 14.58 15.77 15.56 Total Value of S&P BSE 200 TRI# 1,60,981 4,83,098 8,88,346 13,82,799 25,01,972 35,90,954 S&P BSE 200 TRI (%)# 70.42 20.19 15.75 14.02 14.09 13.72 Total Value of NIFTY 50 TRI## 1,58,761 4,78,201 8,87,080 13,63,281 24,11,336 34,25,557 NIFTY 50 TRI (%)## 66.33 19.45 15.69 13.62 13.40 13.02 IDFC Arbitrage Fund - Regular Plan - Growth 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception Dec 21, 2006 Total Amount Invested (`) 1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 17,10,000 Total Value as on February 26, 2021 (`) 1,21,966 3,85,372 6,81,814 10,18,920 16,44,529 27,70,350 Fund Returns (%) 3.11 4.50 5.07 5.45 6.15 6.48 Total Value of Nifty 50 Arbitrage Index#$ 1,21,695 3,82,166 6,69,595 9,96,393 15,96,991 NA Nifty 50 Arbitrage Index Returns (%)#$ 2.68 3.94 4.35 4.82 5.59 NA Total Value of Nifty 50 TRI## 1,59,134 4,78,574 8,87,454 13,63,654 24,11,710 43,56,677 Nifty 50 TRI (%)## 67.10 19.51 15.71 13.63 13.40 12.22 IDFC Equity Savings Fund - Regular Plan - Growth 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception Jun 09, 2008 Total Amount Invested (`) 1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 15,30,000 Total Value as on February 26, 2021 (`) 1,32,910 4,12,066 7,17,122 10,63,632 16,98,820 23,99,021 Fund Returns (%) 20.98 9.03 7.09 6.66 6.77 6.79 Total Value of 30% Nifty 50 TRI + 70% CRISIL Liquid Fund Index# 1,46,133 4,48,751 7,95,588 11,98,511 19,47,736 27,80,103 30% Nifty 50 TRI + 70% CRISIL Liquid Fund Index Returns (%)# 43.69 14.94 11.27 10.01 9.38 8.93 Total Value of Nifty 50 TRI## 1,59,134 4,78,622 8,87,502 13,63,702 24,11,758 36,85,474 Nifty 50 TRI (%)## 67.10 19.52 15.71 13.63 13.40 12.95 IDFC Dynamic Equity Fund - Regular Plan - Growth 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception Oct 10, 2014 Total Amount Invested (`) 1,20,000 3,60,000 6,00,000 NA NA 7,70,000 Total Value as on February 26, 2021 (`) 1,36,990 4,31,213 7,69,848 NA NA 10,29,942 Fund Returns (%) 27.86 12.15 9.94 NA NA 8.97 Total Value of 50% S&P BSE 200 TRI + 50% NIFTY AAA Short Duration Bond Index#$ 1,44,100 4,52,333 8,24,331 NA NA 11,28,104 50% S&P BSE 200 TRI + 50% NIFTY AAA Short Duration Bond Index Returns (%)# 40.12 15.50 12.71 NA NA 11.78 Total Value of Nifty 50 TRI## 1,59,134 4,78,670 8,87,677 NA NA 12,09,152 Nifty 50 TRI (%)## 67.10 19.52 15.72 NA NA 13.92 IDFC Hybrid Equity Fund - Regular Plan - Growth 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception Dec 30, 2016 Total Amount Invested (`) 1,20,000 3,60,000 NA NA NA 5,10,000 Total Value as on February 26, 2021 (`) 1,51,425 4,46,157 NA NA NA 6,37,938 Fund Returns (%) 53.09 14.53 NA NA NA 10.56 Total Value of 65% S&P BSE 200 TRI + 35% NIFTY AAA Short Duration Bond Index#$ 1,49,262 4,62,196 NA NA NA 6,87,401 65% S&P BSE 200 TRI + 35% NIFTY AAA Short Duration Bond Index Returns (%)# 49.23 17.02 NA NA NA 14.16 Total Value of Nifty 50## 1,59,134 4,78,670 NA NA NA 7,18,070 Nifty 50 (%)## 67.10 19.52 NA NA NA 16.29 IDFC Regular Savings Fund - Regular Plan - Growth 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception Feb 25, 2010 Total Amount Invested (`) 1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 13,30,000 Total Value as on February 26, 2021 (`) 1,27,656 4,04,687 7,13,408 10,84,876 18,23,463 21,29,032 Fund Returns (%) 12.30 7.80 6.88 7.21 8.12 8.19 Total Value of 15% S&P BSE 200 TRI + 85% NIFTY AAA Short Duration Bond Index#$ 1,30,346 4,25,268 7,68,421 11,78,226 19,79,980 23,09,376 15% S&P BSE 200 TRI + 85% NIFTY AAA Short Duration Bond Index Returns (%)$ 16.72 11.19 9.87 9.53 9.69 9.57 Total Value of CRISIL 10 Year Gilt Index## 1,20,790 4,03,787 7,12,826 10,89,040 17,50,734 20,14,885 CRISIL 10 Year Gilt Index Returns (%)## 1.25 7.64 6.85 7.32 7.35 7.25 Past performance may or may not be sustained in future.Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken into consideration. To illustrate the advantages of SIP investment, this is how your investment would have grown if you had invested say `10,000 systematically on the first business Day of every month over a period of time. Returns are calculated by using XIRR approach. XIRR helps in calculating return on investment given an initial and final value and a series of cash inflows and outflows with the correct allowance for the time impact of the transactions. The performances given are of regular plan growth option. Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc. #Benchmark Returns. ##Alternate Benchmark Returns. Data as on February 26, 2021.
- 57. 57 IDFC All Seasons Bond Fund - Regular Plan - Growth 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception Sep 13, 2004 Total Amount Invested (`) 1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 19,80,000 Total Value as on February 26, 2021 (`) 1,23,350 4,09,690 7,35,364 11,19,748 18,35,401 40,14,456 Fund Returns (%) 5.33 8.63 8.10 8.10 8.25 8.03 Total Value of NIFTY AAA Short Duration Bond Index# 1,23,901 4,11,888 7,40,916 11,31,806 18,73,362 41,93,726 NIFTY AAA Short Duration Bond Index (%)# 6.21 9.00 8.40 8.40 8.64 8.50 Total Value of CRISIL 1 Year T-Bill Index## 1,22,521 3,94,728 7,03,884 10,61,529 17,04,178 35,00,090 CRISIL 1 Year T-Bill Index Returns (%)## 4.00 6.11 6.35 6.60 6.83 6.54 SIP Performance Monthly SIP of `10,000 IDFC Cash Fund - Regular Plan - Growth 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception Jun 04, 2008 Total Amount Invested (`) 1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 15,30,000 Total Value as on February 26, 2021 (`) 1,22,061 3,87,183 6,90,379 10,43,153 17,03,211 24,49,408 Fund Returns (%) 3.25 4.81 5.57 6.11 6.82 7.09 Total Value of CRISIL Liquid Fund Index# 1,22,459 3,90,391 6,97,850 10,55,032 17,19,282 24,57,256 CRISIL Liquid Fund Index Returns (%)# 3.89 5.36 6.00 6.42 7.00 7.13 Total Value of CRISIL 1 Year T-Bill Index## 1,22,527 3,94,776 7,04,008 10,61,641 17,04,372 23,88,986 CRISIL 1 Year T-Bill Index Returns (%)## 3.99 6.11 6.35 6.60 6.83 6.72 IDFC Low Duration Fund - Regular Plan - Growth 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception Jan 17, 2006 Total Amount Invested (`) 1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 18,20,000 Total Value as on February 26, 2021 (`) 1,22,934 3,98,509 7,15,952 10,90,279 17,97,041 34,16,641 Fund Returns (%) 4.66 6.75 7.03 7.35 7.85 7.85 Total Value of NIFTY Low Duration Debt Index# 1,23,203 3,98,515 7,15,373 10,87,201 17,84,717 34,73,642 NIFTY Low Duration Debt Index Returns (%)# 5.09 6.75 6.99 7.27 7.71 8.05 Total Value of CRISIL 1 Year T-Bill Index## 1,22,521 3,94,728 7,03,884 10,61,529 17,04,178 30,81,497 CRISIL 1 Year T-Bill Index Returns (%)## 4.00 6.11 6.35 6.60 6.83 6.61 IDFC Money Manager Fund - Regular Plan - Growth 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception Feb 18, 2003 Total Amount Invested (`) 1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 21,70,000 Total Value as on February 26, 2021 (`) 1,22,212 3,89,839 6,92,264 10,44,894 16,95,571 42,12,081 Fund Returns (%) 3.51 5.27 5.68 6.16 6.74 6.88 Total Value of NIFTY Money Market Index# 1,22,524 3,92,140 7,01,327 10,62,267 17,39,547 45,37,872 NIFTY Money Market Index Returns (%)# 4.00 5.67 6.20 6.62 7.23 7.61 Total Value of CRISIL 1 Year T-Bill Index## 1,22,521 3,94,728 7,03,884 10,61,529 17,04,178 40,27,630 CRISIL 1 Year T-Bill Index Returns (%)## 4.00 6.11 6.35 6.60 6.83 6.43 IDFC Banking & PSU Debt Fund - Regular Plan - Growth 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception Mar 07, 2013 Total Amount Invested (`) 1,20,000 3,60,000 6,00,000 8,40,000 NA 9,60,000 Total Value as on February 26, 2021 (`) 1,23,577 4,13,446 7,45,490 11,32,890 NA 13,53,445 Fund Returns (%) 5.69 9.26 8.65 8.43 NA 8.42 Total Value of NIFTY Banking & PSU Debt Index# 1,23,054 4,07,044 7,28,044 11,09,913 NA 13,28,922 NIFTY Banking & PSU Debt Index Returns (%)# 4.85 8.19 7.70 7.85 NA 7.98 Total Value of CRISIL 1 Year T-Bill Index## 1,22,521 3,94,728 7,03,884 10,61,529 NA 12,61,120 CRISIL 1 Year T-Bill Index Returns (%)## 4.00 6.11 6.35 6.60 NA 6.70 IDFC Bond Fund – Short Term Plan - Regular Plan - Growth 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception Dec 14, 2000 Total Amount Invested (`) 1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 24,30,000 Total Value as on February 26, 2021 (`) 1,23,078 4,06,084 7,28,535 11,07,395 18,12,675 57,39,256 Fund Returns (%) 4.89 8.03 7.73 7.79 8.01 7.81 Total Value of NIFTY AAA Short Duration Bond Index# 1,23,901 4,11,888 7,40,916 11,31,806 18,73,362 NA NIFTY AAA Short Duration Bond Index Returns (%)# 6.21 9.00 8.40 8.40 8.64 NA Total Value of CRISIL 1 Year T-Bill Index## 1,22,521 3,94,728 7,03,884 10,61,529 17,04,178 48,45,369 CRISIL 1 Year T-Bill Index Returns (%)## 4.00 6.11 6.35 6.60 6.83 6.35 Past performance may or may not be sustained in future.Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken into consideration. To illustrate the advantages of SIP investment, this is how your investment would have grown if you had invested say `10,000 systematically on the first business Day of every month over a period of time. Returns are calculated by using XIRR approach. XIRR helps in calculating return on investment given an initial and final value and a series of cash inflows and outflows with the correct allowance for the time impact of the transactions. The performances given are of regular plan growth option. Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc. #Benchmark Returns. ##Alternate Benchmark Returns. Data as on February 26, 2021. IDFC Ultra Short Term Fund - Regular Plan - Growth 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception July 18, 2018 Total Amount Invested (`) 1,20,000 NA NA NA NA 3,20,000 Total Value as on February 26, 2021 (`) 1,22,504 NA NA NA NA 3,46,393 Fund Returns (%) 3.97 NA NA NA NA 5.92 Total Value of Nifty Ultra Short Duration Debt Index# 1,21,833 NA NA NA NA 3,45,802 Nifty Ultra Short Duration Debt Index Returns (%)# 2.90 NA NA NA NA 5.79 Total Value of CRISIL 1 Year T-Bill Index## 1,22,521 NA NA NA NA 3,46,632 CRISIL 1 Year T-Bill Index Returns (%)## 4.00 NA NA NA NA 5.97
- 58. 58 IDFC Corporate Bond Fund - Regular Plan - Growth 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception Jan 12, 2016 Total Amount Invested (`) 1,20,000 3,60,000 6,00,000 NA NA 6,20,000 Total Value as on February 26, 2021 (`) 1,23,571 4,07,577 7,31,483 NA NA 7,61,179 Fund Returns (%) 5.68 8.28 7.89 NA NA 7.90 Total Value of NIFTY AAA Short Duration Bond Index# 1,23,901 4,11,888 7,40,916 NA NA 7,70,986 NIFTY AAA Short Duration Bond Index Returns (%)# 6.21 9.00 8.40 NA NA 8.40 Total Value of CRISIL 1 Year T-Bill Index## 1,22,521 3,94,728 7,03,884 NA NA 7,31,547 CRISIL 1 Year T-Bill Index Returns (%)## 4.00 6.11 6.35 NA NA 6.36 IDFC Bond Fund – Medium Term Plan - Regular Plan - Growth 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception July 08, 2003 Total Amount Invested (`) 1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 21,20,000 Total Value as on February 26, 2021 (`) 1,22,099 4,04,055 7,23,218 11,00,513 17,96,386 45,31,346 Fund Returns (%) 3.33 7.69 7.43 7.61 7.84 8.01 Total Value of NIFTY AAA Medium Duration Bond Index# 1,23,867 4,17,058 7,47,280 11,47,279 18,98,186 47,87,708 NIFTY AAA Medium Duration Bond Index Returns (%)# 6.15 9.85 8.75 8.78 8.89 8.56 Total Value of CRISIL 1 Year T-Bill Index## 1,22,521 3,94,728 7,03,884 10,61,529 17,04,178 38,84,740 CRISIL 1 Year T-Bill Index Returns (%)## 4.00 6.11 6.35 6.60 6.83 6.46 IDFC Bond Fund – Income Plan - Regular Plan - Growth 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception Jul 14, 2000 Total Amount Invested (`) 1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 24,70,000 Total Value as on February 26, 2021 (`) 1,20,837 4,06,251 7,25,973 11,10,632 18,30,427 60,45,182 Fund Returns (%) 1.32 8.06 7.58 7.87 8.20 7.98 Total Value of CRISIL Composite Bond Fund Index# 1,22,003 4,10,921 7,37,651 11,36,652 18,75,244 NA CRISIL Composite Bond Fund Index Returns (%)# 3.17 8.84 8.22 8.52 8.66 NA Total Value of CRISIL 10 Year Gilt Index## 1,20,790 4,03,787 7,12,826 10,89,040 17,50,734 NA CRISIL 10 Year Gilt Index Returns (%)## 1.25 7.64 6.85 7.32 7.35 NA IDFC Dynamic Bond Fund - Regular Plan - Growth 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception Dec 03, 2008 Total Amount Invested (`) 1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 14,70,000 Total Value as on February 26, 2021 (`) 1,21,320 4,11,463 7,38,382 11,33,429 18,79,472 25,58,323 Fund Returns (%) 2.09 8.93 8.26 8.44 8.70 8.66 Total Value of CRISIL Composite Bond Fund Index# 1,22,003 4,10,921 7,37,651 11,36,652 18,75,244 25,26,503 CRISIL Composite Bond Fund Index Returns (%)# 3.17 8.84 8.22 8.52 8.66 8.47 Total Value of CRISIL 10 Year Gilt Index## 1,20,790 4,03,787 7,12,826 10,89,040 17,50,734 23,01,246 CRISIL 10 Year Gilt Index Returns (%)## 1.25 7.64 6.85 7.32 7.35 7.05 IDFC Government Securities Fund - Investment Plan - Regular Plan - Growth 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception Dec 03, 2008 Total Amount Invested (`) 1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 14,70,000 Total Value as on February 26, 2021 (`) 1,21,500 4,18,829 7,56,978 11,68,005 19,60,717 26,80,666 Fund Returns (%) 2.37 10.14 9.26 9.29 9.50 9.36 Total Value of CRISIL Dynamic Gilt Index# 1,21,390 4,09,329 7,31,756 11,26,246 18,55,743 24,92,770 CRISIL Dynamic Gilt Index Returns (%)# 2.20 8.57 7.90 8.26 8.46 8.26 Total Value of CRISIL 10 Year Gilt Index## 1,20,790 4,03,787 7,12,826 10,89,040 17,50,734 23,01,246 CRISIL 10 Year Gilt Index Returns (%)## 1.25 7.64 6.85 7.32 7.35 7.05 SIP Performance Monthly SIP of `10,000 IDFC Government Securities Fund - Constant Maturity Plan - Regular Plan - Growth 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception Mar 09, 2002 Total Amount Invested (`) 1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 22,80,000 Total Value as on February 26, 2021 (`) 1,21,023 4,20,402 7,77,399 12,06,332 20,27,607 51,23,639 Fund Returns (%) 1.62 10.40 10.34 10.19 10.14 7.89 Total Value of CRISIL 10 year Gilt Index# 1,20,790 4,03,787 7,12,826 10,89,040 17,50,734 44,94,798 CRISIL 10 year Gilt Index Returns (%)# 1.25 7.64 6.85 7.32 7.35 6.68 Total Value of CRISIL 1 Year T-Bill Index## 1,22,521 3,94,728 7,03,884 10,61,529 17,04,178 43,55,692 CRISIL 1 Year T-Bill Index Returns (%)## 4.00 6.11 6.35 6.60 6.83 6.39 Past performance may or may not be sustained in future.Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken into consideration. To illustrate the advantages of SIP investment, this is how your investment would have grown if you had invested say `10,000 systematically on the first business Day of every month over a period of time. Returns are calculated by using XIRR approach. XIRR helps in calculating return on investment given an initial and final value and a series of cash inflows and outflows with the correct allowance for the time impact of the transactions. The performances given are of regular plan growth option. Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc. #Benchmark Returns. ##Alternate Benchmark Returns. Data as on February 26, 2021.
- 59. 59 SIP Performance Monthly SIP of `10,000 IDFC Asset Allocation Fund of Fund - Conservative Plan Regular Plan - Growth 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception Feb 11, 2010 Total Amount Invested (`) 1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 13,30,000 Total Value as on February 26, 2021 (`) 1,28,026 4,05,606 7,21,129 10,98,488 18,36,383 21,41,563 Fund Returns (%) 12.90 7.95 7.32 7.56 8.26 8.29 Total Value of 15% S&P BSE 200 TRI + 80% CRISIL Short Term Index + 5% Gold Prices# 1,26,487 4,34,234 7,87,287 12,19,573 20,47,235 23,83,766 15% S&P BSE 200 TRI + 80% CRISIL Short Term Index + 5% Gold Prices# 10.39 12.64 10.85 10.50 10.32 10.10 Total Value of CRISIL 10 Year Gilt Index## 1,20,790 4,03,787 7,12,826 10,89,040 17,50,734 20,14,998 CRISIL 10 Year Gilt Index Returns (%)## 1.25 7.64 6.85 7.32 7.35 7.26 IDFC Asset Allocation Fund of Fund - Moderate Plan Regular Plan - Growth 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception Feb 11, 2010 Total Amount Invested (`) 1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 13,30,000 Total Value as on February 26, 2021 (`) 1,33,928 4,12,623 7,27,882 11,08,278 18,72,941 21,91,919 Fund Returns 22.69 9.12 7.69 7.81 8.63 8.69 Total Value of 40% S&P BSE 200 TRI + 55% CRISIL Short Term Index + 5% Gold Prices# 1,34,040 4,48,366 8,06,631 12,45,298 20,85,178 24,26,678 40% S&P BSE 200 TRI + 55% CRISIL Short Term Index + 5% Gold Prices# 22.88 14.88 11.83 11.08 10.67 10.40 Total Value of CRISIL 10 Year Gilt Index## 1,20,790 4,03,848 7,12,887 10,89,101 17,50,795 20,15,059 CRISIL 10 Year Gilt Index Returns (%)## 1.25 7.65 6.86 7.32 7.35 7.26 IDFC Asset Allocation Fund of Fund - Aggressive Plan Regular Plan - Growth 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception Feb 11, 2010 Total Amount Invested (`) 1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 13,30,000 Total Value as on February 26, 2021 (`) 1,45,015 4,29,938 7,49,933 11,36,942 19,36,993 22,62,298 Fund Returns 41.73 11.95 8.89 8.53 9.27 9.22 Total Value of 65% S&P BSE 200 TRI + 30% CRISIL Short Term Index + 5% Gold Prices# 1,40,764 4,60,755 8,50,093 13,27,621 23,41,438 27,29,668 65% S&P BSE 200 TRI + 30% CRISIL Short Term Index + 5% Gold Prices# 34.33 16.80 13.96 12.88 12.85 12.37 Total Value of CRISIL 10 Year Gilt Index## 1,20,790 4,03,848 7,12,887 10,89,101 17,50,795 20,15,059 CRISIL 10 Year Gilt Index Returns (%)## 1.25 7.65 6.86 7.32 7.35 7.26 IDFC Credit Risk Fund - Regular Plan - Growth 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception Mar 03, 2017 Total Amount Invested (`) 1,20,000 3,60,000 NA NA NA 4,80,000 Total Value as on February 26, 2021 (`) 1,23,289 3,99,225 NA NA NA 5,48,997 Fund Returns 5.23 6.87 NA NA NA 6.69 Total Value of 65% NIFTY AA Short Duration Bond Index + 35% NIFTY AAA Short Duration Bond Index Index 1,26,369 4,07,636 NA NA NA 5,62,320 65% NIFTY AA Short Duration Bond Index + 35% NIFTY AAA Short Duration Bond Index Returns (%)## 10.20 8.29 NA NA NA 7.90 Total Value of CRISIL 1 Year T-Bill Index 1,22,521 3,94,728 NA NA NA 5,44,563 CRISIL 1 Year T-Bill Index Returns 4.00 6.11 NA NA NA 6.28 Past performance may or may not be sustained in future.Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken into consideration. To illustrate the advantages of SIP investment, this is how your investment would have grown if you had invested say `10,000 systematically on the first business Day of every month over a period of time. Returns are calculated by using XIRR approach. XIRR helps in calculating return on investment given an initial and final value and a series of cash inflows and outflows with the correct allowance for the time impact of the transactions. The performances given are of regular plan growth option. Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc. #Benchmark Returns. ##Alternate Benchmark Returns. Data as on February 26, 2021. Date Plan Dividend NAV IDFC Core Equity Fund 16-Mar-20 Regular Plan 1.03 12.0100 14-Mar-19 Regular Plan 0.09 15.4200 12-Mar-18 Regular Plan 1.01 16.4254 IDFC Sterling Value Fund 20-Mar-20 Regular Plan 0.73 12.8800 16-Feb-18 Regular Plan 1.38 23.2025 10-Mar-17 Regular Plan 1.31 18.6235 IDFC Flexi Cap Fund$ 20-Mar-20 Regular Plan 1.39 25.5900 1-Mar-19 Regular Plan 1.89 32.2300 22-Mar-18 Regular Plan 2.17 35.0577 IDFC Focused Equity Fund 16-Mar-20 Regular Plan 0.67 10.7600 26-Mar-18 Regular Plan 0.83 13.4883 10-Nov-17 Regular Plan 2.00 15.6283 Dividend History Last 3 Gross Dividends (`/unit) : Date Plan Dividend NAV IDFC Large Cap Fund 16-Mar-20 Regular Plan 1.04 12.1800 19-Mar-19 Regular Plan 0.87 15.1200 19-Mar-18 Regular Plan 0.89 14.7165 IDFC Hybrid Equity Fund 09-Feb-18 Regular Plan 0.20 10.6427 13-Nov-17 Regular Plan 0.20 10.7448 22-Aug-17 Regular Plan 0.30 10.7588 IDFC Arbitrage Fund 26-Feb-21 Reg Plan Monthly 0.02 12.8270 28-Jan-21 Reg Plan Monthly 0.02 12.8183 28-Dec-20 Reg Plan Monthly 0.02 12.7976 20-Mar-20 Reg Plan Annually 0.78 11.0356 15-Mar-19 Reg Plan Annually 0.58 11.0691 22-Mar-18 Reg Plan Annually 0.58 11.0192 Date Plan Dividend NAV IDFC Equity Savings Fund 26-Feb-21 Reg Plan Monthly 0.03 13.5500 28-Jan-21 Reg Plan Monthly 0.03 13.3600 28-Dec-20 Reg Plan Monthly 0.03 13.2900 27-Mar-19 Reg Plan Annually 0.58 10.9500 22-Mar-18 Reg Plan Annually 0.54 11.1284 29-Mar-17 Reg Plan Annually 0.15 10.7249 26-Jun-20 Reg Plan Quarterly 0.08 10.3100 27-Dec-19 Reg Plan Quarterly 0.16 10.4600 Date Plan Freq Dividend NAV IDFC Tax Advantage Fund 27-Mar-19 Reg Plan - 0.42 16.7300 27-Sep-18 Reg Plan - 0.48 16.8600 09-Feb-18 Reg Plan - 0.68 18.6811 IDFC Regular Savings Fund 26-Feb-21 Reg Plan Dividend 0.0338 13.4523 28-Jan-21 Reg Plan Dividend 0.0340 13.4142 28-Dec-20 Reg Plan Dividend 0.0335 13.4822 $ Note: “IDFC Multi Cap Fund” has been re-categorized from the Multi Cap Fund Category to the Flexi Cap Fund category and has been renamed as “IDFC Flexi Cap Fund“ with effect from February 09, 2021.
- 60. 60 Dividend History Last 3 Gross Dividends (`/unit) : Date Plan Freq Dividend NAV IDFC Money Manager Fund 26-Feb-21 Reg Plan Monthly 0.0257 10.2760 28-Jan-21 Reg Plan Monthly 0.0160 10.2663 28-Dec-20 Reg Plan Monthly 0.0198 10.2701 24-Mar-20 Reg Plan Periodic 4.0174 14.4544 IDFC Banking & PSU Debt Fund 28-Dec-20 Reg Plan Monthly 0.0224 10.6895 25-Nov-20 Reg Plan Monthly 0.0914 10.7585 28-Oct-20 Reg Plan Monthly 0.1173 10.7844 24-Dec-20 Reg Plan Quarterly 0.2121 10.7624 28-Sep-20 Reg Plan Quarterly 0.1269 10.6666 26-Jun-20 Reg Plan Quarterly 0.7573 11.2765 24-Mar-20 Reg Plan Annually 0.4140 10.9291 27-Mar-19 Reg Plan Annually 0.6630 10.8927 29-Mar-17 Reg Plan Annually 0.7600 10.8781 24-Mar-20 Reg Plan - 2.3203 12.4468 22-Mar-17 Reg Plan - 0.7400 10.8523 17-Mar-16 Reg Plan - 0.8028 10.8927 IDFC Bond Fund – Short Term Plan 28-Dec-20 Reg Plan Monthly 0.0219 10.3763 25-Nov-20 Reg Plan Monthly 0.0693 10.4237 28-Oct-20 Reg Plan Monthly 0.0991 10.4507 24-Dec-20 Reg Plan Quarterly 0.1823 10.6831 28-Sep-20 Reg Plan Quarterly 0.1214 10.6141 26-Jun-20 Reg Plan Quarterly 0.3096 10.7827 24-Mar-20 Reg Plan Annually 0.6115 10.6885 27-Mar-19 Reg Plan Annually 0.7047 10.7630 IDFC Bond Fund - Medium Term Plan 28-Dec-20 Reg Plan Monthly 0.0311 10.2542 25-Nov-20 Reg Plan Monthly 0.0762 10.2993 28-Oct-20 Reg Plan Monthly 0.1340 10.3571 28-Jan-21 Reg Plan BiMonthly 0.0091 11.8499 25-Nov-20 Reg Plan BiMonthly 0.1872 12.0213 28-Jul-20 Reg Plan BiMonthly 0.3036 12.0816 24-Dec-20 Reg Plan Quarterly 0.2738 11.1853 28-Sep-20 Reg Plan Quarterly 0.0562 10.9595 26-Jun-20 Reg Plan Quarterly 0.6199 11.5012 24-Mar-20 Reg Plan Periodic 3.8497 15.2628 IDFC Bond Fund – Income Plan 24-Dec-20 Reg Plan Quarterly 0.3308 12.2167 28-Sep-20 Reg Plan Quarterly 0.0007 11.8745 26-Jun-20 Reg Plan Quarterly 0.6747 12.5189 28-Sep-20 Reg Plan Half Yearly 0.7184 12.1910 24-Mar-20 Reg Plan Half Yearly 0.4895 11.9319 25-Sep-19 Reg Plan Half Yearly 0.7946 12.3193 24-Mar-20 Reg Plan Annually 1.2506 12.5138 27-Mar-19 Reg Plan Annually 0.8554 12.2050 20-Mar-18 Reg Plan Annually 0.0998 11.3592 24-Mar-20 Reg Plan Periodic 4.8512 16.0729 IDFC Dynamic Bond Fund 24-Mar-20 Reg Plan - 2.5060 12.6882 22-Mar-17 Reg Plan - 1.1800 11.4289 17-Mar-16 Reg Plan - 0.4301 10.5543 24-Dec-20 Reg Plan Quarterly 0.3211 11.5668 28-Sep-20 Reg Plan Quarterly 0.0295 11.2631 26-Jun-20 Reg Plan Quarterly 0.6730 11.8775 24-Mar-20 Reg Plan Annually 1.2748 12.0410 27-Mar-19 Reg Plan Annually 0.8346 11.6640 20-Mar-18 Reg Plan Annually 0.1313 10.8725 28-Sep-20 Reg Plan Half Yearly 0.7122 11.0822 24-Mar-20 Reg Plan Half Yearly 0.4933 10.8346 25-Sep-19 Reg Plan Half Yearly 0.7272 11.1254 24-Mar-20 Reg Plan Periodic 5.5547 16.1214 Date Plan Freq Dividend NAV 24-Dec-20 Reg Plan Quarterly 0.1340 13.4631 28-Sep-20 Reg Plan Quarterly 0.1303 12.9398 26-Jun-20 Reg Plan Quarterly 0.1572 12.7328 IDFC Asset Allocation Fund of Fund - CP 24-Dec-20 Reg Plan Dividend 0.1552 15.5765 28-Sep-20 Reg Plan Dividend 0.1517 15.1221 26-Jun-20 Reg Plan Dividend 0.1835 14.8584 IDFC Asset Allocation Fund of Fund - MP 24-Dec-20 Reg Plan Dividend 0.1714 17.2714 28-Sep-20 Reg Plan Dividend 0.1638 16.2373 26-Jun-20 Reg Plan Dividend 0.1911 15.6065 IDFC Asset Allocation Fund of Fund - AP 24-Dec-20 Reg Plan Dividend 0.1776 17.9527 28-Sep-20 Reg Plan Dividend 0.1646 16.2036 26-Jun-20 Reg Plan Dividend 0.1821 15.0663 IDFC Dynamic Equity Fund 18-Dec-20 Reg Plan Dividend 0.12 12.1700 15-Jun-20 Reg Plan Dividend 0.10 10.4300 28-Jan-20 Reg Plan Dividend 0.15 11.3200 IDFC Corporate Bond Fund 28-Dec-20 Reg Plan Monthly 0.0272 10.6167 25-Nov-20 Reg Plan Monthly 0.0998 10.6893 28-Oct-20 Reg Plan Monthly 0.1708 10.7603 24-Mar-20 Reg Plan Periodic 2.6930 12.6930 30-Aug-16 Reg Plan Periodic 0.3034 10.6393 17-Mar-16 Reg Plan Periodic 0.0359 10.1017 24-Dec-20 Reg Plan Quarterly 0.2951 10.7090 28-Sep-20 Reg Plan Quarterly 0.1237 10.5322 26-Jun-20 Reg Plan Quarterly 0.7633 11.1705 28-Sep-20 Reg Plan Half Yearly 0.8957 11.5688 24-Mar-20 Reg Plan Half Yearly 0.1733 10.7057 25-Sep-19 Reg Plan Half Yearly 0.4488 11.1173 24-Mar-20 Reg Plan Annually 0.6689 10.6688 27-Mar-19 Reg Plan Annually 0.7206 10.9233 20-Mar-18 Reg Plan Annually 0.5182 10.6997 IDFC All Seasons Bond Fund 28-Sep-20 Reg Plan Half Yearly 1.0296 12.4962 24-Mar-20 Reg Plan Half Yearly 0.4138 11.8571 25-Sep-19 Reg Plan Half Yearly 0.6095 12.2946 24-Dec-20 Reg Plan Quarterly 0.2352 12.6127 28-Sep-20 Reg Plan Quarterly 0.1423 12.5091 26-Jun-20 Reg Plan Quarterly 0.8506 13.1940 24-Mar-20 Reg Plan Annually 0.4774 12.3716 27-Mar-19 Reg Plan Annually 0.8321 12.4423 20-Mar-18 Reg Plan Annually 0.5177 12.0386 24-Mar-20 Reg Plan Periodic 3.2669 15.1634 IDFC Cash Fund 26-Feb-21 Reg Plan Monthly 2.5122 1,002.8423 28-Jan-21 Reg Plan Monthly 2.3686 1,002.6987 28-Dec-20 Reg Plan Monthly 2.5429 1,002.8730 24-Mar-20 Reg Plan Periodic 502.5866 1568.8403 12-Sep-14 Reg Plan Periodic 162.4309 1277.5068 29-Dec-11 Reg Plan Periodic 13.8549 1003.3606 IDFC Low Duration Fund 26-Feb-21 Reg Plan Monthly 0.0201 10.1224 28-Jan-21 Reg Plan Monthly 0.0077 10.1100 28-Dec-20 Reg Plan Monthly 0.0226 10.1249 24-Mar-20 Reg Plan Periodic 5.1798 15.1798 12-Sep-14 Reg Plan Periodic 0.9994 11.0480 28-May-13 Reg Plan Periodic 0.6317 10.6676 24-Dec-20 Reg Plan Quarterly 0.1207 10.8650 28-Sep-20 Reg Plan Quarterly 0.1121 10.8488 26-Jun-20 Reg Plan Quarterly 0.3904 11.1141 Date Plan Freq Dividend NAV IDFC GSF – Investment Plan 24-Dec-20 Reg Plan Quarterly 0.3400 11.8558 28-Sep-20 Reg Plan Quarterly 0.0307 11.5321 26-Jun-20 Reg Plan Quarterly 0.7419 12.2136 24-Mar-20 Reg Plan Annually 1.4613 12.1473 27-Mar-19 Reg Plan Annually 1.0100 11.7468 20-Mar-18 Reg Plan Annually 0.0342 10.6482 24-Mar-20 Reg Plan - 2.8539 13.0966 22-Mar-17 Reg Plan - 1.2400 11.5375 17-Mar-16 Reg Plan - 0.3826 10.5257 28-Sep-20 Reg Plan Half Yearly 0.7874 11.5389 24-Mar-20 Reg Plan Half Yearly 0.5745 11.2964 25-Sep-19 Reg Plan Half Yearly 0.8858 11.6550 24-Mar-20 Reg Plan Periodic 4.1776 16.9446 IDFC GSF - Constant Maturity Plan 28-Dec-20 Reg Plan Monthly 0.0343 10.4386 25-Nov-20 Reg Plan Monthly 0.0483 10.4526 28-Oct-20 Reg Plan Monthly 0.1492 10.5535 24-Dec-20 Reg Plan Quarterly 0.3439 11.6655 28-Sep-20 Reg Plan Quarterly 0.0323 11.3468 26-Jun-20 Reg Plan Quarterly 0.6924 11.9907 24-Mar-20 Reg Plan Periodic 4.9277 17.4352 IDFC Credit Risk Fund 24-Dec-20 Reg Plan Quarterly 0.2324 10.5144 28-Sep-20 Reg Plan Quarterly 0.1323 10.4009 26-Jun-20 Reg Plan Quarterly 0.1738 10.4202 28-Sep-20 Reg Plan Half Yearly 0.3934 10.5069 24-Mar-20 Reg Plan Half Yearly 0.3282 10.3282 25-Sep-19 Reg Plan Half Yearly 0.4489 10.5627 24-Mar-20 Reg Plan Annually 0.7287 10.7486 27-Mar-19 Reg Plan Annually 0.5847 10.6769 20-Mar-18 Reg Plan Annually 0.5931 10.6625 24-Mar-20 Reg Plan Periodic 2.0280 12.0412 IDFC Infrastructure Fund 15-Mar-18 Reg Plan Dividend 1.09 18.1944 IDFC Ultra Short Term Fund 26-Feb-21 Reg Plan Monthly 0.0242 10.0646 28-Jan-21 Reg Plan Monthly 0.0187 10.0591 28-Dec-20 Reg Plan Monthly 0.0247 10.0651 24-Dec-20 Reg Plan Quarterly 0.0826 10.1637 26-Jun-20 Reg Plan Quarterly 0.2908 10.3539 24-Mar-20 Reg Plan Quarterly 0.1075 10.1230 24-Mar-20 Reg Plan Periodic 1.2396 11.2396 IDFC Overnight Fund 26-Feb-21 Reg Plan Monthly 2.2130 1,002.2130 28-Jan-21 Reg Plan Monthly 2.4235 1,002.4235 28-Dec-20 Reg Plan Monthly 2.5996 1,002.5996 IDFC Nifty Fund 16-Mar-20 Reg Plan Dividend 1.67 19.3473 IDFC Floating Rate Fund 26-Feb-21 Reg Plan Monthly 0.0043 10.0043 Dividend is not guaranteed and past performance may or may not be sustained in future. Pursuant to payment of dividend, the NAV of the scheme would fall to the extent of payout and statutory levy (as applicable). Dividend received is subject to applicable dividend distribution tax. Face Value of all above schemes (excluding IDFC Cash Fund) is `10/- per unit. Face value of IDFC Cash Fund is `1000/- per unit. Past performance may or may not be sustained in future.
- 63. 63 How to read Factsheet Fund Manager An employee of the asset management company such as a mutual fund or life insurer, who manages investments of the scheme. He is usually part of a larger team of fund managers and research analysts. Application Amount for Fresh Subscription This is the minimum investment amount for a new investor in a mutual fund scheme, Minimum Additional Amount This is the minimum investment amount for an existing investor in a mutual fund scheme. Yield to Maturity The Yield to Maturity or the YTM is the rate of return anticipated on a bond if held until maturity. YTM is expressed as an annual rate. The YTM factors in the bond’s current market price, par value, coupon interest rate and time to maturity. SIP SIP or systematic investment plan works on the principle of making periodic investments of a fixed sum. It works similar to a recurring bank deposit. For instance, an investor may opt for an SIP that invests Rs 500 every 15th of the month in an equity fund for a period of three years. NAV The NAV or the net asset value is the total asset value per unit of the mutual fund after deducting all related and permissible expenses. The NAV is calculated at the end of every business day. It is the value at which the investor enters or exits the mutual fund. Benchmark A group of securities, usually a market index, whose performance is used as a standard or benchmark to measure investment performance of mutual funds, among other investments. Some typical benchmarks include the Nifty, Sensex, BSE200, BSE500, 10-Year Gsec. Entry Load A mutual fund may have a sales charge or load at the time of entry and/or exit to compensate the distributor/agent. Entry load is charged at the time an investor purchases the units of a mutual fund. The entry load is added to the prevailing NAV at the time of investment. For instance, if the NAV is `100 and the entry load is 1%, the investor will enter the fund at `101. Note: SEBI, vide circular dated June 30, 2009 has abolished entry loan and mandated that the upfront commission to distributors will be paid by the investor directly to the distributor, based on his assessment of various factors including the services rendered by the distributor. Tracking Error A divergence between the price behavior of a position or a portfolio and the price behavior of a benchmark Exit Load Exit load is charged at the time an investor redeems the units of a mutual fund. The exit load is deducted from the prevailing NAV at the time of redemption. For instance, if the NAV is ` 100 and the exit load is 1%, the redemption price would be ` s99 per unit. Modified Duration Modified duration is the price sensitivity and the percentage change in price for a unit change in yield Macaulay Duration The Macaulay duration is the weighted average term to maturity of the cash flows from bonds. In other words, it is the weighted average number of years an investor must maintain a position in the bond until the present value of the bond's cash flows equals the amount paid for the bond. Standard Deviation Standard deviation is a statistical measure of the range of an investment’s performance. When a mutual fund has a high standard deviation, its means its range of performance is wide, implying greater volatility. Sharpe Ratio The Sharpe Ratio, named after its founder, the Nobel Laureate William Sharpe, is a measure of risk-adjusted returns. It is calculated using standard deviation and excess return to determine reward per unit of risk. Beta Beta is a measure of an investment’s volatility vis-a-vis the market. Beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 implies that the security’s price will be more volatile than the market. AUM AUM or assets under management refers to the recent / updated cumulative market value of investments managed by a mutual fund or any investment firm. Holdings The holdings or the portfolio is a mutual fund’s latest or updated reported statement of investments/securities. These are usually displayed in terms of percentage to net assets or the rupee value or both. The objective is to give investors an idea of where their money is being invested by the fund manager. Nature of Scheme The investment objective and underlying investments determine the nature of the mutual fund scheme. For instance, a mutual fund that aims at generating capital appreciation by investing in stock markets is an equity fund or growth fund. Likewise, a mutual fund that aims at capital preservation by investing in debt markets is a debt fund or income fund. Each of these categories may have sub-categories. Rating Profile Mutual funds invest in securities after evaluating their creditworthiness as disclosed by the ratings. A depiction of the mutual fund in various investments based on their ratings becomes the rating profile of the fund. Typically, this is a feature of debt funds. Investment Objective IDFC Core Equity Fund The Scheme seeks to generate long-term capital growth by investing predominantly in large cap and mid cap stocks. IDFC Sterling Value Fund The investment objective of the Scheme is to seek to generate capital appreciation from a diversified portfolio of equity and equity related instruments by following a value investment strategy. IDFC Flexi Cap Fund The Scheme shall seek to generate long-term capital growth from an actively managed portfolio of predominantly equity and equity related instruments. The Scheme portfolio would acquire, inter alia, small and medium size businesses with good long term potential, which are available at cheap valuations. Such securities would be identified through disciplined fundamental research keeping in view medium to long- term trends in the business environment. The Scheme shall endeavor to accumulate long-term investor wealth by opening subscriptions to units during periods when stocks are available at reasonable valuations. By doing so, the Fund managers would endeavor to prevent short- term money from flowing into the fund which can prove detrimental to the interests of long-term investors. As the scheme would be sold to investors with a long-term investment horizon, it is also expected that the portfolio would remain relatively more insulated to day to day redemption pressures. The fund will close subscription, once it has collected a predetermined “manageable” corpus (approximate amount), which will be decided by the fund manager of the scheme depending on the available investment opportunities in the stock market / if the fund manager is of the opinion that investment opportunities have diminished. Thus the fund manager will endeavour to ensure that there are sufficient assets available to meet the long-term objectives of the fund. IDFC Focused Equity Fund The investment objective of the Scheme is seek to generate capital appreciation by investing in a concentrated portfolio of equity and equity related instruments up to 30 companies. There is no assurance or guarantee that the objectives of the scheme will be realized. IDFC Large Cap Fund The investment objective of the Scheme is to seek to generate capital growth from predominantly investing in large cap stocks. Total Experience of Fund Managers Name Years Name Years Mr. Anoop Bhaskar – Head Equity 29+ Mr. Harshal Joshi 11+ Mr. Anurag Mittal 12+ Mr. Sachin Relekar 10+ Mr. Arpit Kapoor 14+ Mr. Sumit Agrawal 14+ Mr. Arvind Subramanian 9+ Mr. Suyash Choudhary - Head Fixed Income 18+ Mr. Brijesh Shah 12+ Mr. Yogik Pitti 12+ Mr. Daylynn Pinto 14+ Fund Manager Details
- 64. 64 Investment Objective IDFC Nifty Fund The investment objective of the scheme is to replicate the Nifty 50 index by investing in securities of the Nifty 50 Index in the same proportion / weightage. IDFC Emerging Businesses Fund The Fund seeks to generate long term capital appreciation by investing predominantly in equities and equity linked securities of small cap segment. IDFC Infrastructure Fund The investment objective of the scheme is to seek to generate long-term capital growth through an active diversified portfolio of predominantly equity and equity related instruments of companies that are participating in and benefiting from growth in Indian infrastructure and infrastructural related activities. IDFC Tax Advantage (ELSS) Fund The investment objective of the Scheme is to seek to generate long term capital growth from a diversified portfolio of predominantly equity and equity related securities. There can be no assurance that the investment objective of the scheme will be realised. IDFC Arbitrage Fund The investment objective of the Scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunity in the cash and the derivative segments of the equity markets and the arbitrage opportunity available within the derivative segments and by investing the balance in debt and money market instruments. However there is no assurance that the investment objective of the scheme will be realized. IDFC Equity Savings Fund To generate income by predominantly investing in arbitrage opportunities in the cash and derivatives segments of the equity markets along with debt and money market instruments and to generate long-term capital appreciation by investing a portion of the Scheme’s assets in equity and equity related instruments. IDFC Sensex ETF The fund seeks to provide returns that, before expenses, closely correspond to the total return of the underlying index, subject to tracking errors. There can be no assurance or guarantee that the investment objective of the Scheme would be achieved. IDFC Nifty ETF The fund seeks to provide returns that, before expenses, closely correspond to the total return of the underlying index, subject to tracking errors. There can be no assurance or guarantee that the investment objective of the Scheme would be achieved. IDFC Dynamic Equity Fund The primary objective of the scheme is to seek to generate long term capital appreciation with relatively lower volatility through systematic allocation of funds into equity and equity related instruments; and for defensive purposes in equity derivatives. The secondary objective of the scheme will be to generate in come and capital appreciation through investment in Debt & Money Market instruments. There is no assurance or guarantee that the objectives of the scheme will be realised. IDFC Hybrid Equity Fund The Fund seeks to generate long term capital appreciation by investing predominantly in equity and equity related instruments. The Fund also seeks to generate current income by investing in debt securities and money market instruments. IDFC Regular Savings Fund The primary objective of the Scheme is to generate regular returns through investment predominantly in debt instruments. The secondary objective of the Scheme is to generate long-term capital appreciation by investing a portion of the Scheme’s total assets in equity securities. IDFC Asset Allocation Fund of Fund - Conservative Plan The investment objective of the scheme is to provide diversification across asset classes and generate a mix of capital appreciation and income predominantly through investment in equity funds and debt funds of IDFC Mutual Fund based on a defined asset allocation model. IDFC Asset Allocation Fund of Fund - Moderate Plan The investment objective of the scheme is to provide diversification across asset classes and generate a mix of capital appreciation and income predominantly through investment in equity funds and debt funds of IDFC Mutual Fund based on a defined asset allocation model. IDFC Asset Allocation Fund of Fund - Aggressive Plan The investment objective of the scheme is to provide diversification across asset classes and generate a mix of capital appreciation and income predominantly through investment in equity funds and debt funds of IDFC Mutual Fund based on a defined asset allocation model. IDFC All Seasons Bond Fund The investment objective of the scheme is to generate optimal returns by active management of portfolio that invests predominantly in debt oriented mutual fund schemes (including liquid and money market schemes) of IDFC Mutual Fund. IDFC Cash Fund The Scheme seeks to offer an investment avenue for short term savings by looking to generate returns commensurate with a low risk strategy and with high liquidity, from a portfolio that is invested in debt and money market securities with maturity up to 91 days. IDFC Overnight Fund The Fund seeks to offer an investment avenue for short term savings by looking to generate returns in line with the overnight rates. IDFC Ultra Short Term Fund The Scheme seeks to offer an investment avenue for short term savings by looking to generate stable returns with a low risk strategy from a portfolio that is invested in debt and money market securities such that the Macaulay duration of the portfolio is between 3 to 6 months. IDFC Low Duration Fund The Scheme seeks to offer an investment avenue for short term savings by looking to generate returns commensurate with a low risk strategy from a portfolio that is invested in debt and money market securities such that the Macaulay duration of the portfolio is between 6 months and 12 months. IDFC Money Manager Fund To generate stable returns with a low risk strategy by creating a portfolio that is substantially invested in money market instruments. IDFC Banking & PSU Debt Fund The Scheme seeks to generate returns through investments in debt and money market instruments predominantly issued by entities such as Banks, Public Sector Undertakings (PSUs) and Public Financial Institutions(PFIs) IDFC Corporate Bond Fund The Fund seeks to provide steady income and capital appreciation by investing primarily in AA+ and above rated corporate debt securities across maturities. IDFC Floating Rate Fund The Fund seeks to generate returns by creating a portfolio that is primarily invested in floating rate instruments, including fixed rate instruments swapped for floating returns and other debt and money market instruments. IDFC Credit Risk Fund The Fund seeks to generate returns by investing predominantly in AA and below rated corporate debt securities across maturities. IDFC Bond Fund – Short Term Plan The scheme seeks to invest in a diversified set of debt and money market securities with the aim of generating optimal returns over short term such that the Macaulay duration of the portfolio is between 1 year and 3 years. IDFC Bond Fund – Medium Term Plan The scheme seeks to invest in a diversified set of debt and money market securities with the aim of generating optimal returns over medium term such that the Macaulay duration of the portfolio is between 3 years and 4 years IDFC Bond Fund – Income Plan The scheme seeks to invest in a diversified set of debt and money market securities with the aim of generating optimal returns over medium to long term such that the Macaulay duration of the portfolio is between 4 years and 7 years. IDFC Dynamic Bond Fund To generate optimal returns by active management of the portfolio by investing in debt and money market instruments across maturities. IDFC Government Securities Fund - Constant Maturity Plan The scheme seeks to generate optimal returns with high liquidity by investing in Government Securities such that weighted average portfolio maturity of around 10 years. IDFC Government Securities Fund - Investment Plan The scheme seeks to generate optimal returns with high liquidity by investing in Government Securities across maturities.
- 66. @IDFCAMC IDFC Mutual Fund IDFC C M IDFC Mutual Fund ual Fund Mutu IDFC C Mutu WEST Ahmedabad B Wing, 3rd Floor, Chandan House Opp Gruh Finance, Mithakhali Six Roads, Law Garden, Tel.:079-26460923/925 Ahmedabad 380006. Bhopal Plot No. 49, First Floor, Above Tata Capital Limited, M P Nagar, Zone II, Bhopal [M.P.] - 462011. Bhilai 26, Commercial Complex, Nehru Nagar (East), Bhilai, Chhattisgarh, Pin - 490020. Mobile No. 8871144134. Goa F -27 & F -28, 1st Floor, Alfran Plaza, M.G Road, Opp. Don Bosco High School, Panjim - Goa. 403001, Tel.: +91-0832-6631022. Indore 405, 4th Floor, 21/ 1, D. M. Tower, Race Course Road, Indore - 452 001. Tel.: +91-731-4206927/ 4208048. Fax: +91-731-4206923. Mumbai Mumbai (Borivali) 6th Floor, One World Center, Jupiter Mills Compound, 841 Senapati Bapat Marg, Mumbai - 400013. Tel No. 6628 9999 Ground Floor, Kapoor Apartment CHS, Near Punjabi lane, Chandavarkar Road, Borivali (West), Mumbai - 400092. Tel.: 022 48794555. Mumbai (Churchgate) Unit No. 27, Ground Floor, Khetan Bhavan, 198, Jamshedji Tata Road, Churchgate, Mumbai-400020. Tel.:+912266289999. Mumbai (Ghatkopar) Mumbai (Thane) Office No. 308, Zest Business Spaces, M. G. Road, Ghatkopar (East), (Maharashtra) Mumbai- 400077. Shop No. 1, Konark Towers, Ghantali Devi Road, Thane (West) 400602. Nagpur Fortune Business Centre, First Floor, 6, VasantVihar, W. H. C. Rd., Shankar Nagar, Nagpur - 440 010. Tel.: +91-712-6451428/ 2525657. Nasik Shop No - 6, Rajvee Enclave, New Pandit Colony, Off Sharanpur Road, Nasik - 422002. Tel.: 0253-2314611. Pune 1st Floor, Dr. Herekar Park Building, Next to Kamala Nehru Park, Off. Bhandarkar Road, Pune - 411 004. Tel.: +91-20-66020965/ 4. Raipur T-19,III Floor, Raheja Tower, Near Hotel Celebration, Jail Road, Raipur (C G) - 492001. Tel: 0771-2526606. Mobile: +91 9589838890. Rajkot “Star Plaza”, 2nd Floor, Office No. 201, Phulchab Chowk, Rajkot - 360 001. Tel.: +91-281-6620921 / 2475237. Surat HG-12, Higher Ground Floor, International Trade Centre,Majura Gate Crossing, Ring Road, Surat - 395 002. Tel.: +91-261-2475060, 2475070. Vadodara 301, 2nd Floor, Earth Complex, Opposite Vaccine Ground, Above Indian Overseas Bank, Old Padra Road, Vadodara - 380015. Tel No.: 0265 - 2339623/2339624/2339325. Jaipur 301-A, 3rd Floor, Ambition Tower, Agersen Circle, Malan Ka Chaurah, Subash Marg, C-Scheme, Jaipur - 302 001. Tel. No. : +91-0141- 2360945, 2360947, 2360948 NORTH Agra Office No. 307A, 3rd Floor, Block #38/4A, Sumriddhi Business Suites, Sanjay Place, Agra - 282 002. Tel.:+91- 562-4064889 Amritsar Unit No. SF-1, 2nd Floor, Eminent Mall, Mall Road, Amritsar - 143001. Tel.:+911835030393. Chandigarh SCO 2469 - 70, 1st Floor, Sector 22C, Chandigarh - 160 022. Tel.: +91 17 2507 1918 / 5071919, Fax: +91-172-5071918. Dehradun G-12 B NCR Plaza, Ground Floor, 24 A, 112/28, Ravindranath Tagore Marg, New Cantt Road, Dehradun-248001. Mobile: 9897934555, 8171872220 Jalandhar 1st floor, Satnam Complex, BMC Chowk, G.T.Road, Jalandhar-144001. Punjab-India. Tel.: 01815018264. Kanpur Office No. 214-215, IInd Floor, KAN Chambers, 14/113, Civil Lines, Kanpur - 208 001. Tel.: +91-512-2331071, 2331119. Lucknow 1st floor, Aryan Business Park, Exchange Cottage, 90.M.G. Marg, Park Road, Lucknow-226001, Mob: 9792999940, Tel.: 0522-4928100 - 106, 0522-6888012 Allahabad S. N. Tower, 2nd Floor, 4C, Maharshi Dayanand Marg, Opp. Radio Station, Civil Lines, Allahabad - 211 001. Mobile: 9026582330 Ludhiana SCO 124, 1st Floor, Feroze Gandhi Market, Ludhiana - 141 001. Tel.: 0161-5022155/ 56/ 57. New Delhi 4th Floor, NarainManzil, 23, Barakhamba Road, New Delhi - 110 001. Tel.: +91-11-47311301/ 02/ 03/ 04/ 05. Varanasi IDFC Asset Management Co. Ltd. 3rd Floor, Premise No. D-64/127, CH, Arihant Complex, Sigra Varanasi - 221010 (U.P). Phone No. 05422226527 Gurugram 117, 1st Floor, Vipul Agora, M. G. Road, Gurugram - 122 001. Ph: 011-47311336. Pitampura, Delhi IDFC AMC LTD., Shop No. 01 and 02, Ground Floor, Pearls Best Heights-II, Plot No. C-9, Pitampura, Delhi, Contact Details - 011-47311347 SOUTH Bengaluru 6th Floor, East Wing, Raheja Towers, #26 & 27, M. G. Road, Bengaluru - 560 001. Tel.: +91-80-43079000/ 01/ 02/ 03, Fax - +91-80-43079009. Chennai K4th Floor, Capitale Tower, 555 Anna Salai, Thiru Vi Ka Kudiyiruppu, Teynampet, Chennai - 600018, Tamil Nadu. - 600 031. Tel.: +91-44-45644201/ 202. Cochin 39/3993 B2, Gr. Floor, Vantage Point, VRM Rd, Ravipuram, Cochin - 682 016. Tel: +91-484-3012639/ 4029291, Fax: +91-484-2358639. Coimbatore A Complex , No. 49, Father Randy Street, Azad Road, R. S. Puram, Coimbatore - 641 002. Hyderabad 3rd Floor, SB Towers, Banjara Hills Road No. 1, Nearby Nagarjuna Circle, Hyderabad -500 034 Madurai No.278, 1st Floor, Nadar Lane, North Perumal Maistry Street, Madurai - 625 001. Tel.: 0452-6455530. Mangalore 1st Floor, Crystal Arcade, Balmatta Road, Hampankatta, Mangalore - 575001. Tel.: +91 8242980769. EAST Bhubaneswar Rajdhani House, 1st Floor, 77 Kharvel Nagar, Janpath, Bhubaneswar - 751001. Phone : 0674 6444252 / 0674 2531048 / 0674 2531148. Guwahati 4E, 4th Floor, Ganapati Enclave, G. S. Road, Ulubari, Opp. Bora Service Station, Guwahati - 781 007. Mobile: 9207410763, 9207410764, 9207410765, 9207410766. Jamshedpur IDFC Mutual Fund, Room No.111, 1st Floor, Yashkamal Complex, Main Road, Bistupur, Jamshedpur-831001, Ph No. 0657-2230112/111/222, Mobile No. : 9431102883. Kolkata Oswal Chambers, 1st Floor, 2 Church Lane, Kolkata - 700 001. Tel.: +91-33-40171000/ 1005. Patna 406, Ashiana Hariniwas, New Dakbanglow Road, Patna - 800 001. Tel.: +91-612-6510353. Ranchi Shop No. 104 and 105, 1st Floor, Satya Ganga Arcade, Vinod Ashram Road, Ranchi - 834001. Te.: 0651-221259/92. Durgapur (West Bengal) 6/2A, Suhatta, 6th Floor, City Centre, Durgapur - 713216. Phone No.: +91 8537867746. Mutual Fund investments are subject to market risks, read all scheme related documents carefully.