IDFC Low Duration Fund Regular Dividend Daily is a Debt Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was introduced to investors on 17 Jan 2006. Anurag Mittal is the Current Fund Manager of IDFC Low Duration Fund Regular Dividend Daily.The fund currently has an Asset Under Management(AUM) of ₹5,323 Cr and the Latest NAV as of 27 Jan 2020 is ₹10.07.
The IDFC Low Duration Fund Regular Dividend Daily is rated Moderately Low risk. Minimum SIP Investment is 500. 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