Idfc Mutual Fund

IDFC Mutual Fund

IDFC is a leading private sector diversified financial institution established by a consortium of strong global and local institutions with the support and sponsorship of the Government of India.

A majority of IDFC’s shareholding (67% as of March 31, 2008) is held by reputed global stalwarts that include respectable names like Government of India, International Finance Corporation (IFC) - a member of the World Bank Group, Government of Singapore, AIG, Morgan Stanley, Goldman Sachs, Citigroup, JP Morgan among others. The best Indian financial institutions such as HDFC, LIC, SBI, and IDBI are owners in IDFC, making it an institution of high repute and standing.

Sponsor
IDFC Mutual Fund is sponsored by Infrastructure Development Finance Company Limited (IDFC). The sponsor is the settler of the Mutual Fund Trust. The sponsor has entrusted a sum of Rs. 30,000 to the Trustees as its contribution towards the corpus of the Mutual Fund.

IDFC is a leading diversified financial institution providing a wide range of financing products and fee-based services with infrastructure as its focus area. IDFC’s key businesses include project finance, investment banking, asset management, principal investments and advisory services. IDFC also works closely with government entities and regulators in India to advise and assist in formulating policy and regulatory frameworks that support private investment and public-private partnerships in infrastructure development.

IDFC was established in 1997 as a private sector enterprise by a consortium of public and private investors and operates as a professionally managed commercial entity. IDFC listed its equity shares in India pursuant to an initial public offering in August 2005. As on March 31, 2010, IDFC’s shareholders included the Government of India – 20.10%, FII/FDI – 45.4% and public / others – 34.5%. As on March 31, 2010, IDFC had an asset base of over USD 7.42 billion, net worth of USD 1.52 billion and market capitalization of Rs 4.6. billion

Sponsor: Infrastructure Development Finance Company Limited (IDFC)
Trustee: IDFC AMC Trustee Company Private Limited
Investment Manager: IDFC Asset Management Company Private LimitedStatutory Details: IDFC Mutual Fund (“the Mutual Fund” or “the Fund”) previously known as Standard Chartered Mutual Fund (which was earlier known as ANZ Grindlays Mutual Fund), had been constituted as a trust in accordance withthe provisions of the Indian Trusts Act, 1882 (2 of 1882) vide a trust Deed dated December 29, 1999. The office of the Sub-Register of Assurances at Mumbai had registered the Trust Deed establishing the Fund under the Registration Act, 1908. The Fund was registered with SEBI vide Registration No.MF/042/00/3 dated March 13, 2000. A deed of amendment to the Trust Deed had been executed and registered to recognize the change in sponsor of the Mutual Fund.

Summary of Schemes
No of schemes : 211
Corpus under management : Rs. 66619.9097 crs. (as on 30-Sep-2017)
AUM Trend
Top 5 Funds
Scheme Name NAV(Rs.) 1m % 3m % 6m % 1y % 3y %
IDFC G Sec Fund - Invst Plan - Regular (G) 20.30 [0.58] [1.87] [0.82] 3.46 7.90
IDFC G Sec Fund - PF (G) 29.97 [0.55] [1.71] [0.47] 4.18 8.70
IDFC SSIF - Invest - Regular (G) 41.27 [0.51] [1.40] [0.27] 3.68 7.57
IDFC Dynamic Bond Fund - Regular (G) 20.61 [0.46] [1.26] [0.12] 4 7.81
IDFC Nifty Fund (G) 20.83 [0.04] 3.12 7.26 25.72 8.31
Contact Information
Registered Service Centre
Tower1,6th Floor,One Indiabulls Centr
841, Senapati Bapat Marg,
Elphinstone Road(West), Mumbai-400013
Ground Floor, Zodiac Avenue,Opp
Mayor Bungalow,Near Westside,
Law Garden, Ahmedabad - 380006
Phone : 022-66289999 Phone : 079-64505881/5857
Email : investor@idfcmf.com Email : investor@idfcmf.com
Website : www.idfcmf.com Website : www.idfcmf.com
Mutual Fund Research

India Infoline News Service/10:50, Oct 27, 2017

Balance funds are a mix of stocks and bonds which reflects a moderate approach. The primary goal of balanced funds is to create regular and stable income by investing in debt securities and invest a portion in equity for capital appreciation.

Articles

Random Ramblings: Dont lose hope!

With strength in Oil & gas and pharma sector, the decline in Nifty has got arrested while broader index like CNX 500 is yet to confirm a bottom (though the selling pressure has stopped). Hence the composition of Nifty turns out to be better in assisting quick recovery and we feel that the stage is set for the key indices to surge higher towards 8,400.

Random Ramblings: Bulls defy Sell in May adage!

The old adage Sell in May seems to have been ignored largely in second half of the month as the market left behind the carnage of March & April. . A move above the downward sloping trendline (above 8,550) would prove to be icing on the cake and market looks poised to see further build up after the gains of May.

Random Ramblings - Are bulls coming back?

Strength of every market is judged on corrections. After Mondays turnaround it is important to observe that if the recovery turns out to be sluggish and market starts to give up gains, will it find support around 8,200 or not? As of now, it will act as a new support line for the bulls.

Random ramblings of a technical analyst

Barriers in life come and go but 8,350 is acting as a tough one since the third week of April. This consolidation at the bottom has taken shape of a bullish H&S pattern. A move above the same could result in reversal of the trend.

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CIBIL REPORTS are being touted as the solution to all credit decisions. To my mind, such a mindset could be extremely damaging. In this article, I will try to explain why.

 
Fund Manager Speak

Nagarajan Murthy, Head of Fixed Income, Tata Asset Management

“We expect the ten‐year Government securities yields to move in the range of 6.70‐ 7.10 % in the next financial year. We expect AAA PS...

 
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