Fund Details
IDFC Money Manager Fund Direct IDCW Weekly
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.22% |
| NAV | ₹10.10 (15 Apr 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹3,072 Cr |
Returns
Comparison
1. Lower expense ratio - 0.22%
2. Exit load is zero
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | CGL | 21.2% |
| GOI | Sovereign | CGL | 9.2% |
| Housing Development Finance Corpn. Ltd.-Warrant | Financial | CP | 4.8% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 4.7% |
| Kotak Mahindra Prime Ltd. | Financial | CP | 3.5% |
| LIC Housing Finance Ltd. | Financial | CP | 3.2% |
| National Bank For Agriculture & Rural Development | Financial | CP | 3.2% |
| Axis Bank Ltd. | Financial | CD | 3.2% |
| LIC Housing Finance Ltd. | Financial | CP | 3.2% |
| Axis Bank Ltd. | Financial | CD | 3.1% |
Fund Managers
IDFC Money Manager Fund Direct IDCW Weekly Details
IDFC Money Manager Fund Direct IDCW Weekly 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 IDCW Weekly fund.The fund currently has an Asset Under Management(AUM) of ₹3,072 Cr and the Latest NAV as of 15 Apr 2021 is ₹10.10.
The IDFC Money Manager Fund Direct IDCW Weekly is rated Low to Moderate risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 100.
Investment Objective
The scheme aims to generate stable returns with a low risk strategy by creating a portfolio that is substantially invested in money market instruments.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
