IDFC Money Manager Fund Regular Dividend Daily0.00%

1Groww
7.21%
1 Year Return
Debt
Money Market
1.0 star
6M
1Y
3Y
5Y
All

Fund Details

IDFC Money Manager Fund Regular Dividend Daily

RiskModerately Low
Min SIP Amount₹1000
Expense Ratio1.03%
NAV10.10 (17 Sep 2019)
Fund Started18 Feb 2003
Fund Size2,088 Cr

Returns

1Y
3Y*
5Y*
Since inception*
IDFC Money Manager Fund Regular Dividend Daily
7.2%
6.5%
7.2%
6.8%
Category Average
7.6%
7.1%
7.7%
-
Rank within category
12
12
12
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with 7.2% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 10 years
    2. Exit load is zero
    Cons
    1. Risk-adjusted returns are lower compared to the category
    2. Risk is higher compared to the benchmark
    3. 1Y Returns are lower than the benchmark
    4. 3Y Returns are lower than the benchmark
    5. 5Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    Larsen & Toubro Ltd.ConstructionCP9.4%
    LIC Housing Finance Ltd.FinancialCP4.8%
    Export-Import Bank Of IndiaFinancialCD4.8%
    HDB Financial Services Ltd.FinancialCP4.6%
    Bajaj Finance Ltd.FinancialCP4.5%
    National Bank For Agriculture & Rural DevelopmentFinancialCD4.5%
    Kotak Mahindra Investments Ltd.FinancialCP2.3%
    Small Industries Devp. Bank of India Ltd.FinancialCP2.3%
    LIC Housing Finance Ltd.FinancialCP1.2%
    National Bank For Agriculture & Rural DevelopmentFinancialCP1.2%
    See All

    Fund Managers

    addAnurag Mittal
    Education
    Mr. Mittal is B.Com. (Hons), CA and M.Sc. in Accounting and Finance (specialization in Finance) from London School of Economics & Political Science.
    Experience
    Prior to joining IDFC AMC, he worked with HDFC AMC ( Sept. 2012 - Oct. 2015), Axis AMC (July 2009 - Sept. 2012), ICICI Prudential Life Insurance Company Ltd. as Credit Research Analyst (2008-2009) and with Bank of America in Corporate Banking (2006-2008).
    Funds Managed
    addHarshal Joshi
    Education
    Mr. Joshi is PGDBM from N.L. Dalmia Institute of Management Studies and Research, Mumbai
    Experience
    Prior to joining IDFC Mutual fund in 2008 he has worked with ICAP India Pvt. Ltd.
    Funds Managed

    Other Details

    IDFC Money Manager Fund Regular Dividend Daily is a Debt Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was introduced to investors on 18 Feb 2003. Anurag Mittal, Harshal Joshi is the Current Fund Manager of IDFC Money Manager Fund Regular Dividend Daily.The fund currently has an Asset Under Management(AUM) of ₹2,088 Cr and the Latest NAV as of 17 Sep 2019 is ₹10.10.

    The IDFC Money Manager Fund Regular Dividend Daily is rated Moderately Low risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 100. Nil.

    Investment Objective

    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.

    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.

    Scheme Information Document(SID)

    ₹100
    Min for First Investment
    ₹100
    Min for Second Investment
    Nil
    Exit Load

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    About IDFC Mutual Fund

    Address
    OneIndiaBulls Centre, 841 Jupiter Mills Compound, Senapati Bapat Marg, Elphinstone Road (West), Mumbai 400013
    Phone
    022-66289999
    Launch Date
    12 Mar 2000
    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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