Fund Snapshot

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IDBI CREDIT RISK FUND

An open ended debt scheme predominantly investing in AA and below rated corporate bonds.

Fund Manager

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Mr. Bhupesh Kalyani

Total Experience: Over 19 Years (Managing this Scheme since 1st February, 2017)

Other Funds Managed by Mr. Bhupesh Kalyani - Click Here

Fund Information

IDCW stands for Income Distribution cum Capital Withdrawal

Fund Category

Credit Risk Fund

Inception

03 Mar 2014

Benchmark

NIFTY Credit Risk Bond Index
Benchmark RiskometerBENCHMARK RISKOMETER
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*Investor should consult their financial advisors if in doubt about whether the product is suitable for them.

Entry Load

Not Applicable

Exit Load

If units of the Scheme are redeemed or switchedout up to 10% of the units (the limit) within 12 months from the date ofallotment - Nil.

If units of the scheme are redeemed or switched outin excess of the limit within 12 months from the date of allotment - 1% of the applicable NAV.

If units of scheme are redeemed or switched outafter 12 months from the date of allotment - Nil.


Face Value

Rs. 10/- per unit per unit

Returns

As of last business day of the month- September 2021

18.14%

Investment Essentials

Minimum Application Amount

Minimum Lumpsum Amount:
Monthly Option : Rs. 500/- for minimum 12 months Or Rs. 1000 for minimum 6 months Quarterly Options Rs. 1500/- for minimum4 quarters.
Minimum Additional Lumpsum Amount:
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Systematic Investment Plan (SIP) Options
Monthly Option:
Rs. 500/- per month for a minimum period of 12 months
Or
Rs. 1000/- per month for a minimum period of 6 months

Quarterly Option:
Rs. 1500/- per quarter for a minimum period of 4 quarters

SCHEME LABEL

Riskometer
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This product is suitable for investors who are seeking*

  • Regular Income and capital appreciation through active management for at least medium term horizon
  • Investments predominantly in AA and below rated corporate bonds across maturity spectrum
*Investor should consult their financial advisors if in doubt about whether the product is suitable for them.