IDFC Money Manager Fund Direct IDCW Weekly

Debt
Money Market
Low to Moderate Risk
4.76%
3Y annualised
+0.03% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 01 Feb 2023₹10.11
Min. SIP amount₹100
Rating3
Fund size₹2,668.57Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Debt Money Market
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns5.0%4.8%5.7%7.1%
Category average4.6%4.6%5.7%NA
Rank with in category131211NA
Understand terms

Holdings (35)

NameSectorInstrumentAssets
Canara Bank
FinancialCD9.1%
Axis Bank Ltd.
FinancialCD7.3%
Kotak Mahindra Investments Ltd.FinancialCP5.7%
HDFC Bank Ltd.
FinancialCD5.2%
Bank Of Baroda
FinancialCD4.6%
Small Industries Devp. Bank of India Ltd.
FinancialCP3.6%
ICICI Bank Ltd.
FinancialCD3.6%
Housing Development Finance Corporation Ltd.FinancialCP3.6%
Tamilnadu State
OthersSDL3.6%
Axis Bank Ltd.
FinancialCD3.5%
See All

Pros and cons

Category: Debt Money Market

Pros

Cons

Exit load is zero
5Y annualised returns lower than category average by 0.01%
Lower expense ratio: 0.22%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
Consistently higher annualised returns than category average for the past 1Y and 3Y

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

Gautam Kaul
Dec 2021 - Present
View details

Education
Mr. Kaul is a B.Com (H) and MBA (Finance).
Experience
Prior to joining IDFC Mutual Fund, he has worked with Edelweiss AMC, Invesco Mutual Fund, Sahara India Asset Management Company Pvt. Ltd, IDBI AMC. and Mata Securities (India) Pvt. Ltd.
Also manages these schemes

Brijesh Shah
Jul 2021 - Present
View details

Education
Mr. Shah is a Post Graduate Diploma in Finance.
Experience
Prior to joining IDFC Mutual Fund he has worked with IDBI Mutual Fund, IndiaBulls Mutual Fund, Mata Securities & Twenty First Century.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
Unit No. 27, Ground Floor,Khetan Bhavan,198, Jamshedji Tata Road,Churchgate, Mumbai 400020
Phone
022-24398777 / 24399999 / 66289999
Launch Date
20 Dec 1999
Website
NA
IDFC Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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