|Risk||Low to Moderate|
|Min SIP Amount||Not Supported|
|NAV||₹1009.55 (26 Jul 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹8,490 Cr|
|Reserve Bank of India||Financial||T-Bills||14.0%|
|Reserve Bank of India||Financial||T-Bills||13.3%|
|Reliance Jio Infocomm Ltd.||Communication||CP||6.5%|
|Reliance Industries Ltd.||Energy||CP||5.9%|
|National Bank For Agriculture & Rural Development||Financial||CP||5.8%|
|Reserve Bank of India||Financial||T-Bills||4.9%|
|Reliance Retail Ventures Ltd.||Services||CP||3.0%|
|Reserve Bank of India||Financial||T-Bills||3.0%|
|Reserve Bank of India||Financial||T-Bills||2.4%|
|Reliance Retail Ventures Ltd.||Services||CP||2.3%|
IDFC Cash Direct Plan IDCW 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 IDCW Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹8,490 Cr and the Latest NAV as of 26 Jul 2021 is ₹1009.55.
The IDFC Cash Direct Plan IDCW Monthly is rated Low to Moderate 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.