|Min SIP Amount||₹1000|
|NAV||₹17.92 (29 Oct 2020)|
|Fund Started||10 Jan 2013|
|Fund Size||₹308 Cr|
IDFC Government Securities Fund Constant Maturity Direct Dividend Weekly is a Debt Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was made available to investors on 10 Jan 2013. Harshal Joshi is the Current Fund Manager of IDFC Government Securities Fund Constant Maturity Direct Dividend Weekly fund.The fund currently has an Asset Under Management(AUM) of ₹308 Cr and the Latest NAV as of 29 Oct 2020 is ₹17.92.
The IDFC Government Securities Fund Constant Maturity Direct Dividend Weekly is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
The scheme seeks to generate optimal returns with high liquidity by investing in Government securities such that weighted average portfolio maturity of around 10 years.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.