IDFC Cash Direct Plan Dividend+0.01%

2Groww
7.05%
1 Year Return
Debt
Liquid
2.0 star
6M
1Y
3Y
5Y
All

Fund Details

IDFC Cash Direct Plan Dividend

RiskLow
Min SIP Amount₹100
Expense Ratio0.10%
NAV1443.65 (19 Sep 2019)
Fund Started12 May 2013
Fund Size12,065 Cr

Returns

1Y
3Y*
5Y*
Since inception*
IDFC Cash Direct Plan Dividend
7.0%
7.0%
7.5%
8.0%
Category Average
6.9%
6.8%
7.3%
-
Rank within category
29
29
25
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with 7.0% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 3 years
    2. Risk is lower compared to the benchmark
    3. Lower expense ratio
    4. Exit load is zero
    Cons
    Found nothing so far.

    Top Holdings

    NameSectorInstrument% Assets
    Reserve Bank of IndiaFinancialT-Bills6.5%
    Reliance Industries Ltd.EnergyCP5.8%
    LIC Housing Finance Ltd.FinancialDebenture4.2%
    Indian BankFinancialCD4.1%
    Axis Bank Ltd.FinancialCD4.1%
    Reserve Bank of IndiaFinancialCMB4.0%
    Power Finance Corpn. Ltd.FinancialCP3.1%
    Small Industries Devp. Bank of India Ltd.FinancialDebenture2.8%
    Axis Bank Ltd.FinancialCD2.5%
    LIC Housing Finance Ltd.FinancialCP2.5%
    See All

    Fund Managers

    addAnurag Mittal
    Education
    Mr. Mittal is B.Com. (Hons), CA and M.Sc. in Accounting and Finance (specialization in Finance) from London School of Economics & Political Science.
    Experience
    Prior to joining IDFC AMC, he worked with HDFC AMC ( Sept. 2012 - Oct. 2015), Axis AMC (July 2009 - Sept. 2012), ICICI Prudential Life Insurance Company Ltd. as Credit Research Analyst (2008-2009) and with Bank of America in Corporate Banking (2006-2008).
    Funds Managed
    addHarshal Joshi
    Education
    Mr. Joshi is PGDBM from N.L. Dalmia Institute of Management Studies and Research, Mumbai
    Experience
    Prior to joining IDFC Mutual fund in 2008 he has worked with ICAP India Pvt. Ltd.
    Funds Managed

    Other Details

    IDFC Cash Direct Plan Dividend is a Debt Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was introduced to investors on 12 May 2013. Anurag Mittal, Harshal Joshi is the Current Fund Manager of IDFC Cash Direct Plan Dividend.The fund currently has an Asset Under Management(AUM) of ₹12,065 Cr and the Latest NAV as of 19 Sep 2019 is ₹1443.65.

    The IDFC Cash Direct Plan Dividend is rated Low risk. Minimum SIP Investment is 100. Minimum Lumpsum Investment is 100. Nil.

    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)

    ₹100
    Min for First Investment
    ₹100
    Min for Second Investment
    Nil
    Exit Load

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    About IDFC Mutual Fund

    Address
    OneIndiaBulls Centre, 841 Jupiter Mills Compound, Senapati Bapat Marg, Elphinstone Road (West), Mumbai 400013
    Phone
    022-66289999
    Launch Date
    12 Mar 2000
    Website
    NA
    IDFC Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
    Invest Now
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