|Risk||Low to Moderate|
|Min SIP Amount||₹100|
|NAV||₹1003.49 (22 Apr 2021)|
|Fund Started||12 May 2013|
|Fund Size||₹8,142 Cr|
|Reserve Bank of India||Financial||T-Bills||11.0%|
|Reserve Bank of India||Financial||T-Bills||7.0%|
|Reserve Bank of India||Financial||T-Bills||6.4%|
|Bajaj Finance Ltd.||Financial||CP||6.1%|
|Reserve Bank of India||Financial||T-Bills||6.1%|
|Reliance Industries Ltd.||Energy||CP||4.9%|
|National Bank For Agriculture & Rural Development||Financial||CP||4.9%|
|Reliance Retail Ventures Ltd.||Services||CP||4.9%|
|Reserve Bank of India||Financial||T-Bills||4.3%|
|National Bank For Agriculture & Rural Development||Financial||CP||3.7%|
IDFC Cash Direct Plan IDCW is a Debt Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was made available to investors on 12 May 2013. Anurag Mittal, Harshal Joshi is the Current Fund Manager of IDFC Cash Direct Plan IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹8,142 Cr and the Latest NAV as of 22 Apr 2021 is ₹1003.49.
The IDFC Cash Direct Plan IDCW is rated Low to Moderate 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.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.