IDFC Cash Direct Plan Growth+0.01%

2Groww
6.86%
1 Year Return
Debt
Liquid
2.0 star
6M
1Y
3Y
5Y
All

Fund Details

IDFC Cash Direct Plan Growth

RiskLow
Min SIP Amount₹100
Expense Ratio0.10%
NAV2347.11 (21 Oct 2019)
Fund Started01 Jan 2013
Fund Size11,944 Cr

Returns

1Y
3Y*
5Y*
Since inception*
IDFC Cash Direct Plan Growth
6.9%
6.9%
7.5%
7.9%
Category Average
6.8%
6.7%
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 6.9% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 3 years
    2. Risk is lower compared to the benchmark
    Cons
    1. 1Y Returns are lower than the benchmark
    2. 3Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    Reliance Industries Ltd.EnergyCP4.2%
    Reserve Bank of IndiaFinancialT-Bills3.2%
    Ultratech Cement Ltd.ConstructionCP2.9%
    Indian Oil Corpn. Ltd.EnergyCP2.5%
    Reliance Jio Infocomm Ltd.CommunicationCP2.1%
    Reliance Jio Infocomm Ltd.CommunicationCP2.1%
    Kotak Mahindra Prime Ltd.FinancialCP1.7%
    Power Finance Corpn. Ltd.FinancialBonds1.2%
    LIC Housing Finance Ltd.FinancialDebenture0.9%
    Kotak Mahindra Prime Ltd.FinancialCP0.8%
    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 Growth 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 Growth.The fund currently has an Asset Under Management(AUM) of ₹11,944 Cr and the Latest NAV as of 21 Oct 2019 is ₹2347.11.

    The IDFC Cash Direct Plan Growth 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

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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,
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