Fund Details
IDFC Low Duration Fund Direct IDCW Weekly
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.30% |
| NAV | ₹10.10 (12 May 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹8,588 Cr |
Returns
Comparison
1. Lower expense ratio - 0.3%
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. Exit load is zero
1. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | CGL | 6.5% |
| Axis Bank Ltd. | Financial | CD | 4.0% |
| Bank Of Baroda | Financial | CD | 4.0% |
| Export-Import Bank Of India | Financial | CD | 3.9% |
| National Bank For Agriculture & Rural Development | Financial | CP | 3.6% |
| Axis Bank Ltd. | Financial | CD | 3.6% |
| REC Ltd. | Financial | Debenture | 3.3% |
| Housing Development Finance Corpn. Ltd. | Financial | NCD | 2.6% |
| GOI | Sovereign | CGL | 2.4% |
| LIC Housing Finance Ltd. | Financial | Bonds/NCD | 2.1% |
Fund Managers
IDFC Low Duration Fund Direct IDCW Weekly Details
IDFC Low Duration Fund Direct IDCW Weekly 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 IDCW Weekly fund.The fund currently has an Asset Under Management(AUM) of ₹8,588 Cr and the Latest NAV as of 12 May 2021 is ₹10.10.
The IDFC Low Duration Fund Direct IDCW Weekly is rated Low to Moderate risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 100.
Investment Objective
The scheme aims to offer an investment avenue for short term savings by looking to generate returns commensurate with a low risk strategy from a portfolio that is invested in debt and money market securities such that the Macaulay duration of the portfolio is between 6 months and 12 months.
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.
