IDFC Low Duration Fund Direct Dividend Daily is a Debt Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Anurag Mittal is the Current Fund Manager of IDFC Low Duration Fund Direct Dividend Daily.The fund currently has an Asset Under Management(AUM) of ₹4,874 Cr and the Latest NAV as of 23 Oct 2019 is ₹10.11.
The IDFC Low Duration Fund Direct Dividend Daily is rated Moderately Low risk. Minimum SIP Investment is 100. Minimum Lumpsum Investment is 100. Nil.
To offer an investment avenue for short term savings by looking to generate stable returns with a low risk strategy. The scheme will have a portfolio that is invested in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. There can be no assurance that the investment objective of the scheme will be realised.
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