Better RETURN

IDLC Income Fund stands out with its track record of consistently delivering superior returns compared to traditional DPS (Deposit Pension Scheme), making it an ideal choice for investors seeking regular, stable and good income and long-term financial growth.

Investment in GOVT.
Treasury Bills
and Treasury Bonds

As this Fund predominantly invests in Treasury Bills and Bonds (40%-60%), it’s a very suitable vehicle for an individual to invest in Govt. Securities on a monthly basis.

Much Higher
TAX REBATE

Investors in the IDLC Income Fund can enjoy substantially higher annual tax rebates (up to BDT 75,000) compared to traditional DPS (up to BDT 18,000), making it an attractive avenue for optimizing tax efficiency and maximizing overall returns on investments.

HOW MONEY OF IDLC INCOME FUND WILL BE INVESTED:

40%-60% of this fund will be invested in Govt. securities or Govt. backed securities. So, this is highly safe and cost-efficient fund yielding stable/regular return.

Government Securities
  • Treasury Bills and Treasury Bonds of different maturities
  • Other Govt. Securities/ Govt. backed Securities
Corporate Bonds
  • Investment grade listed and non-listed Corporate Bonds and Debentures with strong credit rating and good corporate governance
FDRs
  • Fixed deposits of well governed financial intermediaries
IPOs
  • Companies collecting funds from primary market offers high return potential

LATEST NAV

NAV as on March 28, 2024

10.90

 

*Surrender Amount will be based on the prevailing NAV if the holding period is 360 days or more. There will be an exit load for surrender less than 360 Days and it will be applicable as 2% Exit Load on NAV if Holding period is less than 90 days, 1.5% for 90 days to less than 180 days, 1% for 180 days to less than 360 days

FUND PERFORMANCE

RETURN OF THE FUND

Average Annual Compounded Return
IDLC Income Fund 7.50%

BDT/-

IDLC Income Fund has generated an average annual compounded return of 7.50% (including dividend) since its inception in June 2021. Accordingly, if you had invested BDT 100,000 at inception, it would have been BDT 117,826 as of September 30, 2023.

Dividend Announcement: 

On July 13, 2023, the trustee of IDLC INCOME FUND has announced 3.0% final cash dividend (total cash dividend of 6.9% including 3.9% interim cash dividend) for the period ended on June 30, 2023​.

Dividend History:

June 2021 - June 2022 4.85% (Total)
July 2022 - June 2023 6.90% (Total)