Morningstar: Mutual Fund Guide

IDFC Bond Medium Term Fund Investment Strategy Suyash Choudhary returned to helm this fund in September 2015, having previously run it from December 2011 to July 2013. Choudhary is an accomplished and a seasoned manager. His strength lies in his in-depth understanding of the macroeconomic environment, as well as his ability to anticipate interest rate movements and identify attractive investment opportunities across market segments. Safety, liquidity, and fundamental research are the hallmarks of the strategy plied here. The fund is a part of the medium-duration category, where the investment mandate is to maintain the fund’s Macaulay duration between three and four years. Additionally, investments are made only in AAA-rated and highly liquid corporate bonds or government securities. Hence, neither the credit nor active duration bets are part of the investment approach. For...