IDFC Regular Savings Fund Direct Plan Dividend Monthly is a Hybrid Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Anurag Mittal, Sumit Agrawal is the Current Fund Manager of IDFC Regular Savings Fund Direct Plan Dividend Monthly.The fund currently has an Asset Under Management(AUM) of ₹202 Cr and the Latest NAV as of 24 Jan 2020 is ₹13.98.
The IDFC Regular Savings Fund Direct Plan Dividend Monthly is rated Moderately High risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. For units in excess of 10% of the investment,1% will be charged for redemption within 365 days.
The primary objective of scheme is to generate regular returns through investment primarily in debt oriented mutula fund schemes (such as Income and Liquid funds). The scondary objective of the scheme is to generate long-term capital appreciation by investing a portion of the schemes assets in equity oriented MF schemes.
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)
Min for First Investment
Min for Second Investment
For units in excess of 10% of the investment,1% will be charged for redemption within 365 days