Fund Details
IDFC Money Manager Fund Regular Growth
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.89% |
| NAV | ₹32.11 (22 Jun 2021) |
|---|---|
| Fund Started | 18 Feb 2003 |
| Fund Size | ₹3,408 Cr |
Returns
Comparison
1. Age is more than 10 years
2. Exit load is zero
1. 1Y Returns are lower than the category average returns
2. 3Y Returns are lower than the category average returns
3. 5Y Returns are lower than the category average returns
4. 10Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | CGL | 23.4% |
| Reserve Bank of India | Financial | T-Bills | 5.1% |
| Axis Bank Ltd. | Financial | CD | 4.4% |
| Reliance Industries Ltd. | Energy | CP | 4.4% |
| Housing Development Finance Corpn. Ltd.-Warrant | Financial | CP | 4.3% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 4.3% |
| Kotak Mahindra Prime Ltd. | Financial | CP | 3.2% |
| LIC Housing Finance Ltd. | Financial | CP | 2.9% |
| National Bank For Agriculture & Rural Development | Financial | CP | 2.9% |
| National Bank For Agriculture & Rural Development | Financial | CP | 2.9% |
Fund Managers
IDFC Money Manager Fund Regular Growth Details
IDFC Money Manager Fund Regular Growth is a Debt Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was made available to investors on 18 Feb 2003. Anurag Mittal, Harshal Joshi is the Current Fund Manager of IDFC Money Manager Fund Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹3,408 Cr and the Latest NAV as of 22 Jun 2021 is ₹32.11.
The IDFC Money Manager Fund Regular Growth is rated Low to Moderate risk. Minimum SIP Investment is set to 1000. 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.
