IDFC Bond Fund Medium Term Plan Direct Dividend Daily is a Debt Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Suyash Choudhary is the Current Fund Manager of IDFC Bond Fund Medium Term Plan Direct Dividend Daily.The fund currently has an Asset Under Management(AUM) of ₹2,929 Cr and the Latest NAV as of 21 Jan 2020 is ₹10.42.
The IDFC Bond Fund Medium Term Plan Direct Dividend Daily is rated Low risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Nil.
Investment Objective
To seek to generate stable returns with a low - risk strategy by creating a portfolio that is invested in good quality fixed income and money market securities.
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