Fund Details
IDFC Cash Direct Plan Dividend Daily
| Risk | Low |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.15% |
| NAV | ₹1001.67 (22 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹11,325 Cr |
Returns
Comparison
1. Age is more than 3 years
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 18.1% |
| Reliance Retail Ventures Ltd. | Services | CP | 5.3% |
| Reserve Bank of India | Financial | T-Bills | 4.4% |
| Reliance Industries Ltd. | Energy | CP | 4.4% |
| Housing Development Finance Corpn. Ltd. | Financial | CP | 3.7% |
| Ultratech Cement Ltd. | Construction | CP | 3.7% |
| Kotak Mahindra Prime Ltd. | Financial | CP | 3.5% |
| National Thermal Power Corp. Ltd. | Energy | CP | 3.1% |
| Sundaram Finance Ltd. | Financial | CP | 3.1% |
| Oil & Natural Gas Corpn. Ltd. | Energy | CP | 2.2% |
Fund Managers
IDFC Cash Direct Plan Dividend Daily Details
IDFC Cash Direct Plan Dividend Daily is a Debt Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Anurag Mittal, Harshal Joshi is the Current Fund Manager of IDFC Cash Direct Plan Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹11,325 Cr and the Latest NAV as of 22 Jan 2021 is ₹1001.67.
The IDFC Cash Direct Plan Dividend Daily is rated Low risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 100. Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
Investment Objective
The Scheme seeks to offer an investment avenue for short term savings by looking to generate returns commensurate with a low risk strategy and with high liquidity, from a portfolio that is invested in debt and money market securities with maturity up to 91 days.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
