Are you looking for the best IDFC Mutual Fund schemes to invest in 2023? The right mutual fund investment can help you reach your financial goals and also provide you with a great return on your investments. Investing in mutual funds is one of the most popular ways to build wealth. The IDFC Mutual Fund is one of the leading Asset Management Companies in India, with a reputation for offering some of the best mutual fund schemes for investors.
Here, we will discuss the top 5 IDFC Mutual Fund schemes that you can consider investing in for the year 2023.
What is IDFC AMC?
IDFC Asset Management Company (IDFC AMC) is a leading Asset Management Company in India, with a reputation for offering some of the best mutual fund schemes for investors. IDFC mutual fund was established in 2000 and is a joint venture between IDFC Bank and Standard Life Investment Limited. The company manages various funds across categories such as Equity, Debt, Hybrid, and Exchange-Traded Funds (ETFs). It also offers a range of fund management services such as advisory services, portfolio management services, and systematic investment plans (SIPs).
Top 5 IDFC Mutual Fund Schemes to Invest in 2023
- IDFC Corporate Bond Fund: This fund is suitable for investors looking for a steady income from their investments. The fund invests in high-grade corporate bonds, government securities, and money market instruments. The fund has a track record of providing consistent returns over a long period of time.
Annualized Returns:
1yr: 2.64%
3yr: 5.88%
5yr: 6.48%
- IDFC Equity Savings Fund: This fund is suitable for investors looking for capital appreciation over the long term. The fund invests in stocks of large-cap companies, mid-cap companies, and small-cap companies. The fund has a track record of delivering superior returns over a long time.
Annualized Returns:
1yr: 2.61%
3yr: 7.37%
5yr: 6.09%
- IDFC Tax Advantage Fund: This fund is suitable for investors looking for tax benefits on their investments. The fund invests in equities and debt securities to provide investors with tax benefits under Section 80C of the Indian Income Tax Act. The fund has a track record of providing consistent returns over a long period of time.
Annualized Returns:
1yr: 4.91%
3yr: 22.49%
5yr: 11.24%
- IDFC Arbitrage Fund: This fund is suitable for investors looking for investors who are looking for an alternative to debt funds but have an investment horizon of over one year. The fund invests in arbitrage opportunities between the cash and derivatives markets. The fund has a track record of providing superior returns over a long period of time.
Annualized Returns:
1yr: 4.03%
3yr: 3.81%
5yr: 4.77%
- IDFC Corporate Bond Fund: This fund is suitable for investors looking for a steady income from their investments. The fund invests in high-grade corporate bonds and money market instruments. The fund has a track record of providing consistent returns over a long period of time.
Annualized Returns:
1yr: 2.64%
3yr: 5.88%
5yr:6.48%
Conclusion
Investing in mutual funds is one of the most popular ways to build wealth in India. The IDFC Mutual Fund is one of the leading Asset Management Companies in India and offers some of the best mutual fund schemes for investors. However, we recommend that you do your own research and consult with a financial advisor before investing in any mutual fund.
Read Also: Different Schemes Are Available in Mutual Funds
