IDFC Regular Savings Fund Direct Plan Growth 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 Growth.The fund currently has an Asset Under Management(AUM) of ₹195 Cr and the Latest NAV as of 17 Oct 2019 is ₹23.65.
The IDFC Regular Savings Fund Direct Plan Growth 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.
Investment Objective
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.
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)
₹5000
Min for First Investment
₹1000
Min for Second Investment
For units in excess of 10% of the investment,1% will be charged for redemption within 365 days
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