|Min SIP Amount||₹100|
|NAV||₹13.04 (22 Jan 2021)|
|Fund Started||15 Sep 2014|
|Fund Size||₹2,529 Cr|
|Grasim Industries Ltd.||Construction||CP||7.9%|
|Export-Import Bank Of India||Financial||CD||6.6%|
|Axis Bank Ltd.||Financial||CD||5.5%|
|Housing Development Finance Corpn. Ltd.||Financial||CP||4.9%|
|Kotak Mahindra Prime Ltd.||Financial||CP||4.3%|
|Andhra Pradesh State||Others||SDL||4.0%|
|Reliance Industries Ltd.||Energy||CP||4.0%|
|Reliance Retail Ventures Ltd.||Services||CP||3.9%|
|Axis Bank Ltd.||Financial||CD||3.9%|
|Housing Development Finance Corpn. Ltd.-Warrant||Financial||CP||3.9%|
IDFC Money Manager Fund Direct Dividend Periodic is a Debt Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was made available to investors on 15 Sep 2014. Anurag Mittal, Harshal Joshi is the Current Fund Manager of IDFC Money Manager Fund Direct Dividend Periodic fund.The fund currently has an Asset Under Management(AUM) of ₹2,529 Cr and the Latest NAV as of 22 Jan 2021 is ₹13.04.
The IDFC Money Manager Fund Direct Dividend Periodic is rated Moderately Low risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 100.
The scheme aims to generate stable returns with a low risk strategy by creating a portfolio that is substantially invested in money market instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.