May 4, 2022
mayank
IDFC Gilt 2027 Index Fund – Direct Plan
Growth : Rs 10.5640
IDCW : Rs 10.5644
Suitability :
“This is a fund that invests mainly in bonds issued by the government of India. These bonds do not carry any risk of default since the repayment of investors’ money is backed by the government. But they are prone to sharp ups and downs because of changes in interest rates.
However, retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for an investment horizon of up to three years) in their longer-term portfolios.”
Investment Strategy :
The scheme seeks to provide investment returns closely corresponding to the total returns of the securities as represented by the CRISIL Gilt 2027 Index before expenses, subject to tracking errors.
Fund Manager :
— Gautam Kaul
Education : Mr. Kaul is a B.Com (H) and MBA (Finance).
Experience : Prior to joining IDFC Mutual Fund, he has worked with Edelweiss AMC, Invesco Mutual Fund, Sahara India Asset Management Company Pvt. Ltd, IDBI AMC. and Mata Securities (India) Pvt. Ltd.
— Harshal Joshi
Education : Mr. Joshi is PGDBM from N.L. Dalmia Institute of Management Studies and Research, Mumbai
Experience : Prior to joining IDFC Mutual fund in 2008 he has worked with ICAP India Pvt. Ltd.