IDFC Cash Direct Plan Dividend Daily is a Debt Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Anurag Mittal, Harshal Joshi is the Current Fund Manager of IDFC Cash Direct Plan Dividend Daily.The fund currently has an Asset Under Management(AUM) of ₹13,603 Cr and the Latest NAV as of 20 Nov 2019 is ₹1001.67.
The IDFC Cash Direct Plan Dividend Daily is rated Low risk. Minimum SIP Investment is 100. Minimum Lumpsum Investment is 5000. 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
Seeks capital appreciation through investment in short term securities.
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.
Scheme Information Document(SID)
₹5000
Min for First Investment
₹1000
Min for Second Investment
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.
Exit Load