Our Funds / Debt Funds

IDFC Money Manager Fund

An open ended debt scheme investing in money market instruments. A scheme with relatively low interest rate risk and relatively low credit risk.

DebtInception Date:18/02/2003
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The Fund aims to invest in money market instruments predominantly (Min. recommended investment horizon- 6 months)

  • Min Investment 100
  • Min SIP Amount 100
  • Exit Load
    Nil
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Annualised Returns(as on 31st Jul, 2022)3.04%1yr4.10%3yr4.93%5yr
NAV 33.2871 as on 17/08/20221 Day Change: 0.03(0.08%)

Scheme is suitable as 'Core' debt allocation and is recommended for a minimum investment horizon of 6 months

Tier 1 Benchmark : NIFTY Money Market Index A-I (w.e.f. 1st April 2022)Alternate Benchmark : CRISIL 1 Year T-Bill Index

Performance as on 31st July 2022

Scheme NamesCAGR Returns (%)Current value of Investment of 10,000
1 year3 year5 year10 year18/02/2003 Since inception1 year3 year5 year10 year18/02/2003 Since inception
IDFC Money Manager Fund - Regular Plan - Growth3.044.104.936.546.3610,30411,28112,72218,85033,194
3.544.285.436.987.1110,35311,33713,02719,64338,062
3.034.675.586.455.8610,30311,47013,12118,68530,262
^ Tier 1 Benchmark   |   ^^ Alternate Benchmark   |   ^^^ Tier 2 Benchmark

This fund is managed by Brijesh Shah (w.e.f 12/07/2021) & Mr. Gautam Kaul (w.e.f 01/12/2021)

View fund performance of other funds managed by Brijesh Shah, Mr. Gautam Kaul

Past performance may or may not be sustained in future.
Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc.

Taxation:

For taxation, please refer the link :  https://bit.ly/3a5CcbE

IDFC Money Manager Fund

(Scheme Risk-o-meter)

Investors understand that their principal will be at Low To Moderate Risk.

NIFTY Money Market Index A-I (w.e.f. 1st April 2022)

(Tier 1 Benchmark Risk-o-meter)

This product is suitable for investors who are seeking* :

  • To generate short term optimal returns with relative stability and high liquidity.
  • Investments predominantly in money market instruments.

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.