Fund Details
IDFC Money Manager Fund Regular IDCW Periodic
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.89% |
| NAV | ₹10.56 (26 Jul 2021) |
|---|---|
| Fund Started | 15 Sep 2014 |
| Fund Size | ₹2,951 Cr |
Returns
Comparison
1. Age is more than 10 years
2. Exit load is zero
1. 1Y Returns are lower than the category average returns
2. 3Y Returns are lower than the category average returns
3. 5Y Returns are lower than the category average returns
4. 10Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 26.0% |
| Reserve Bank of India | Financial | T-Bills | 6.7% |
| Reliance Retail Ventures Ltd. | Services | CP | 5.0% |
| Axis Bank Ltd. | Financial | CD | 5.0% |
| Reliance Industries Ltd. | Energy | CP | 5.0% |
| Reserve Bank of India | Financial | T-Bills | 4.8% |
| Kotak Mahindra Prime Ltd. | Financial | CP | 3.7% |
| National Bank For Agriculture & Rural Development | Financial | CP | 3.4% |
| Housing Development Finance Corpn. Ltd.-Warrant | Financial | CP | 3.4% |
| LIC Housing Finance Ltd. | Financial | CP | 3.4% |
Fund Managers
IDFC Money Manager Fund Regular IDCW Periodic Details
IDFC Money Manager Fund Regular IDCW 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 Regular IDCW Periodic fund.The fund currently has an Asset Under Management(AUM) of ₹2,951 Cr and the Latest NAV as of 26 Jul 2021 is ₹10.56.
The IDFC Money Manager Fund Regular IDCW Periodic is rated Low to Moderate risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 100.
Investment Objective
The scheme aims to generate stable returns with a low risk strategy by creating a portfolio that is substantially invested in money market instruments.
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.
