|Min SIP Amount||Not Supported|
|NAV||₹1007.21 (30 Oct 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹10,176 Cr|
|Reserve Bank of India||Financial||T-Bills||9.8%|
|Reserve Bank of India||Financial||T-Bills||9.3%|
|Reserve Bank of India||Financial||T-Bills||8.8%|
|Reserve Bank of India||Financial||T-Bills||7.8%|
|Reserve Bank of India||Financial||T-Bills||5.4%|
|Reserve Bank of India||Financial||T-Bills||4.9%|
|Reliance Retail Ventures Ltd.||Services||CP||4.9%|
|Sundaram Finance Ltd.||Financial||CP||4.9%|
|Indian Oil Corpn. Ltd.||Energy||CP||4.4%|
|Reserve Bank of India||Financial||T-Bills||3.8%|
IDFC Cash Direct Plan Dividend Monthly 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 Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹10,176 Cr and the Latest NAV as of 30 Oct 2020 is ₹1007.21.
The IDFC Cash Direct Plan Dividend Monthly is rated Low risk. Minimum SIP Investment is set to 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.