|Risk||Low to Moderate|
|Min SIP Amount||₹100|
|NAV||₹34.03 (23 Jul 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹2,951 Cr|
|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%|
|Housing Development Finance Corpn. Ltd.-Warrant||Financial||CP||3.4%|
|National Bank For Agriculture & Rural Development||Financial||CP||3.4%|
|LIC Housing Finance Ltd.||Financial||CP||3.4%|
IDFC Money Manager Fund Direct Growth is a Debt Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Anurag Mittal, Harshal Joshi is the Current Fund Manager of IDFC Money Manager Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹2,951 Cr and the Latest NAV as of 23 Jul 2021 is ₹34.03.
The IDFC Money Manager Fund Direct Growth is rated Low to Moderate 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.