Get up to 7% on your IDFC Bank Savings Account.
Starting at an assured 6%.
Free any bank ATM Transaction
Unlimited free fund transfer
Free visa signature debit card for life
No charges for banking transactions
Know More >
Home loans in quick and easy steps!
Save on Interest
Reduce Loan Tenure
Quick & Transparent Processing
Competitive rates, part prepay anytime free, and save interest too!
Choose from any of our loan solutions
Interest rates of 8.25% for INR and 3.8% for USD on Fixed Deposits
Open your NRE/NRO Account online within minutes
No penalty on early withdrawal
Use money from FD whenever needed
Add a nominee easily
Book and manage your FD online
Protect your family’s future with the right insurance.
Your family is dependant on you
You have loan liabilities
You aren’t adequately covered
You have goals to be met
IDFC Bank Sodexo Gift Card - Celebrations
Festive gifting made easy !
One-time loadable card with 1 year validity
Maximum Load value: Rs. 10,000
Card delivery across all locations in India
Exclusive deals & discounts
Net Asset Value
NAV or Net Asset Value of the fund is the cumulative market value of the assets of the fund net of its liabilities. NAV per unit is simply the net value of assets divided by the number of units outstanding. Buying and selling into funds is done on the basis of NAV-related prices. NAV is calculated as follows:
NAV= Market value of the fund's investments+Receivables+Accrued Income- Liabilities-Accrued Expenses
The NAV of a scheme has to be declared at least once a week. However many Mutual Fund declare NAV for their schemes on a daily basis. As per SEBI Regulations, the NAV of a scheme shall be calculated and published at least in two daily newspapers at intervals not exceeding one week. However, NAV of a close-ended scheme targeted to a specific segment or any monthly income scheme (which are not mandatorily required to be listed on a stock exchange) may be published at monthly or quarterly intervals.