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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
5.54%
3Y annualised
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 21 Jan 2022₹10.10
Min. SIP amount₹100
Rating2
Fund size₹2,662.40Cr

Returns and rankings

Category: Debt Money Market
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.8%5.5%6.0%7.4%
Category average3.7%6.3%6.5%NA
Rank with in category151311NA
Understand terms

Holdings (28)

NameSectorInstrumentAssets
Indian Oil Corporation Ltd.
EnergyCP5.6%
Bank Of Baroda
FinancialCD5.6%
Axis Bank Ltd.
FinancialCD5.6%
Rajasthan State
OthersSDL5.0%
FinancialCP3.7%
Sundaram Finance Ltd.
FinancialCP3.7%
Ultratech Cement Ltd.
ConstructionCP3.7%
FinancialCP3.7%
Bank Of Baroda
FinancialCD3.7%
Axis Bank Ltd.
FinancialCD3.7%
See All

Pros and cons

Category: Debt Money Market

Pros

1Y annualised returns higher than category average by 0.1%
Exit load is zero
Lower expense ratio: 0.22%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Cons

3Y and 5Y annualised returns lower than category average
Low rating: 2

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 terms
Check past data

Minimum investment amounts

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

Fund management

Harshal Joshi
May 2017 - Present
View details

Fund house & investment objective

Fund house contact details

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FAQs

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