|Min SIP Amount||Not Supported|
|NAV||₹10.15 (06 Jul 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹4,144 Cr|
|National Bank For Agriculture & Rural Development||Financial||Debenture||10.4%|
|Reliance Industries Ltd.||Energy||CP||7.2%|
|Power Finance Corpn. Ltd.||Financial||Debenture||4.2%|
|Axis Bank Ltd.||Financial||CD||3.1%|
|Housing Development Finance Corpn. Ltd.||Financial||NCD||2.8%|
|Madhya Pradesh State||Others||SDL||2.5%|
|Axis Bank Ltd.||Financial||CD||2.4%|
IDFC Low Duration Fund Direct Dividend Monthly is a Debt Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Anurag Mittal is the Current Fund Manager of IDFC Low Duration Fund Direct Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹4,144 Cr and the Latest NAV as of 06 Jul 2020 is ₹10.15.
The IDFC Low Duration Fund Direct Dividend Monthly is rated Moderately Low risk. Minimum SIP Investment is set to 100.
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.