| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.20% |
| NAV | ₹32.88 (11 Aug 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹2,215 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Grasim Industries Ltd. | Construction | CP | 8.8% |
| Housing Development Finance Corpn. Ltd. | Financial | CP | 7.7% |
| Reliance Industries Ltd. | Energy | CP | 6.6% |
| LIC Housing Finance Ltd. | Financial | CP | 5.6% |
| Export-Import Bank Of India | Financial | CD | 5.2% |
| Andhra Pradesh State | Others | SDL | 4.6% |
| Sundaram Finance Ltd. | Financial | CP | 4.5% |
| Reliance Jio Infocomm Ltd. | Communication | CP | 4.4% |
| Sundaram Finance Ltd. | Financial | CP | 4.3% |
| ICICI Bank Ltd. | Financial | CD | 4.0% |
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 ₹2,215 Cr and the Latest NAV as of 11 Aug 2020 is ₹32.88.
The IDFC Money Manager Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 100.
GFRF is an open-ended income scheme seeking to generate stable returns with a low risk strategy by creating a portfolio that is substantially invested in good quality floating rate debt or money market instruments, fixed rate debt or money market instruments swapped for floating returns and fixed rate debt and 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.