Home>Mutual Funds>IDFC Mutual Fund>IDFC Money Manager Fund Direct IDCW Daily

IDFC Money Manager Fund Direct IDCW Daily

Debt
Money Market
Low to Moderate Risk
3.74%
1Y return
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 17 Sep 2021₹10.10
Min. SIP amount₹100
Rating2star
Fund size₹3,057.80 Cr

Returns and rankings

Category: Debt Money Market
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.7%6.1%6.3%7.5%
Category average3.7%6.3%6.5%NA
Rank with in category141211NA
Understand termsinfo

Holdings (29)

NameSectorInstrumentAssets
Reserve Bank of India
FinancialT-Bills26.0%
Reserve Bank of India
FinancialT-Bills6.7%
Reliance Retail Ventures Ltd.
ServicesCP5.0%
FinancialCD5.0%
EnergyCP5.0%
Reserve Bank of India
FinancialT-Bills4.8%
Kotak Mahindra Prime Ltd.
FinancialCP3.7%
Housing Development Finance Corpn. Ltd.-Warrant
FinancialCP3.4%
National Bank For Agriculture & Rural Development
FinancialCP3.4%
FinancialCP3.4%
See All

Pros and cons

info
Category: Debt Money Market
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Pros

Lower expense ratio - 0.22%
Exit load is zero
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Cons

1Y Returns are lower than the category average returns
3Y Returns are lower than the category average returns

Expense ratio, exit load and tax

Expense ratio: 0.22%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand termsinfo
Check past data

Minimum investment amounts

Min. for 1st investment₹100
Min. for 2nd investment onwards₹100
Min. for SIP₹100

Fund management

Anurag Mittal
Nov 2015 - Present
View details
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Harshal Joshi
May 2017 - Present
View details
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Fund house & investment objective

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Fund house contact details

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