Fund Details
IDFC Money Manager Fund Regular Dividend Periodic
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.98% |
| NAV | ₹11.00 (22 Jan 2021) |
|---|---|
| Fund Started | 15 Sep 2014 |
| Fund Size | ₹2,529 Cr |
Returns
Comparison
1. Age is more than 10 years
2. Risk-adjusted returns are higher compared to the category
3. Risk is lower compared to the benchmark
4. Exit load is zero
5. Age is more than 10 years
6. Risk-adjusted returns are higher compared to the category
1. 1Y Returns are lower than the benchmark
2. 3Y Returns are lower than the benchmark
3. 5Y Returns are lower than the benchmark
4. 1Y Returns are lower than the category average returns
5. 3Y Returns are lower than the category average returns
6. 5Y Returns are lower than the category average returns
7. 10Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| 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% |
Fund Managers
IDFC Money Manager Fund Regular Dividend Periodic Details
IDFC Money Manager Fund Regular 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 Regular 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 ₹11.00.
The IDFC Money Manager Fund Regular Dividend Periodic is rated Moderately Low 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.
