Fund Performance
Lumpsum
SIP
5.32
as on 24 Sep 20213 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,683 today.
NAV Performance
Fund Information
-
₹ 32.358
as on 24 Sep 2021 -
Regular - Growth
-
9 / 20
-
₹ 100
-
₹ 2,527 Cr.
as on 24 Sep 2021 -
0.89%
since 31 May 2021 -
18 Feb 2003
-
CRISIL 10 Year Gilt Index
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IDFC mutual fund
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Highlights of this fund
IDFC Money Manager Fund is an Open-ended Debt Fund. The fund belongs to Money Market Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 18 Feb 2003. This fund is offered by one of the top AMC (Assets Management Company) IDFC mutual fund. You can also view here all other Debt funds offered by IDFC mutual fund.
Latest NAV of the fund is ₹ 32.358 as on 24 Sep 2021.
This fund has 18 years of track record. Since 31 May 2021 expense ratio of this fund is 0.89%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.
You can invest in this fund in SIP with the minimum investment of ₹ 1,000. Lumpsum invest is offered with minimum investment of ₹ 100.
Fund Objective
Seek to generate stable returns with a low risk strategy by creating a portfolio that is substantially invested in good quality floating rate debt or money market instruments, fixed rate debt or money market instruments swapped for floating returns and fixed rate debt and money market instruments. However, there can be no assurance that the investment objectives of the scheme will be realized.
List of Fund Managers of IDFC Money Manager Fund
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About Brijesh Shah
Mr. Brijesh Shah is Deputy Manager - Fund Management at IDFC Asset Management Company Limited. Mr. Shah has an experience of 10 years in Fixed Income market. He has been associated with IDFC AMC since August 2015 as part of Fixed Income team. Prior to that he was associated with IDBI Asset Management Ltd. - Dealing in Fixed income (Jan. 2013 to Aug. 2015). Prior to the same, he was associated with India Bulls Asset Management Ltd. - Dealing in Fixed income (Jun. 2011 to Dec. 2012). Prior to the same, he was associated with Mata Securities - Relationship Manager, Wholesale Debt Market (Jun. 2010 to Jun. 2011). Prior to that, he was associated with Twenty First Century - Relationship Manager, Wholesale Debt Market (Jan. 2009 to May 2010). He holds a Post Graduate Diploma in Finance.
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About Harshal Joshi
Mr. Harshal Joshi is Associate Vice President - Fund Management at IDFC Asset Management Company Limited. Mr. Joshi has experience spanning of over 9 years in Mutual Fund. He has been associated with IDFC AMC since December’2008 with Fixed Income Investment team. Prior to the same he was associated with ICAP India Pvt. Ltd. (2006 to 2007). He holds a PGDBM (N.L.Dalmia Institute of Management Studies and Research) and Masters Degree in Commerce
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Low Risk
Fund Return Comparison
| Fund Name | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 0.05% | 0.30% | 1.01% | 2.13% | 4.13% | 10.50% | 6.63% | 6.80% | 8.46% | 4.07% | 11.93% | 8.58% | 6.41% | 7.26% |
| Category Average | 0.04% | 0.26% | 0.92% | 1.82% | 3.64% | 5.42% | 6.03% | 6.37% | 7.36% | 3.59% | 4.85% | 5.47% | 5.90% | 6.76% |
| IDFC Money Manager Fund | 0.03%₹ 10,002 | 0.21%₹ 10,021 | 0.76%₹ 10,076 | 1.54%₹ 10,153 | 2.99%₹ 10,299 | 3.00%₹ 12,194 | 4.42%₹ 10,905 | 3.68%₹ 24,927 | 5.32%₹ 11,683 | 4.38%₹ 38,490 | 5.61%₹ 13,144 | 5.06%₹ 68,196 | 7.03%₹ 19,749 | 6.29%₹ 1,65,767 |
| UTI Money Market Fund | 0.04%₹ 10,004 | 0.29%₹ 10,028 | 0.99%₹ 10,098 | 1.98%₹ 10,197 | 3.91%₹ 10,391 | 3.86%₹ 12,249 | 5.30%₹ 11,090 | 4.61%₹ 25,162 | 6.37%₹ 12,035 | 5.37%₹ 39,069 | 6.61%₹ 13,772 | 6.17%₹ 70,126 | 7.76%₹ 21,123 | 7.08%₹ 1,72,833 |
| Nippon India Money Market Fund | 0.04%₹ 10,004 | 0.27%₹ 10,027 | 0.99%₹ 10,098 | 1.93%₹ 10,193 | 3.95%₹ 10,394 | 3.87%₹ 12,250 | 5.32%₹ 11,094 | 4.60%₹ 25,160 | 6.43%₹ 12,057 | 5.39%₹ 39,078 | 6.63%₹ 13,789 | 6.20%₹ 70,180 | 7.76%₹ 21,137 | 7.09%₹ 1,72,927 |
| SBI Savings Fund | 0.04%₹ 10,004 | 0.25%₹ 10,024 | 0.88%₹ 10,087 | 1.76%₹ 10,175 | 3.55%₹ 10,354 | 3.46%₹ 12,223 | 5.00%₹ 11,025 | 4.24%₹ 25,069 | 6.02%₹ 11,920 | 5.03%₹ 38,870 | 6.24%₹ 13,538 | 5.75%₹ 69,395 | 7.63%₹ 20,874 | 6.85%₹ 1,70,712 |
| Invesco India Money Market Fund | 0.03%₹ 10,002 | 0.25%₹ 10,024 | 0.95%₹ 10,095 | 1.90%₹ 10,190 | 3.70%₹ 10,370 | 3.70%₹ 12,239 | 5.06%₹ 11,039 | 4.37%₹ 25,103 | 5.84%₹ 11,857 | 5.00%₹ 38,851 | 6.28%₹ 13,566 | 5.78%₹ 69,438 | 7.80%₹ 21,203 | 6.93%₹ 1,71,458 |
| Aditya Birla Sun Life Money Manager Fund | 0.05%₹ 10,004 | 0.29%₹ 10,029 | 1.00%₹ 10,099 | 2.03%₹ 10,203 | 4.05%₹ 10,405 | 3.98%₹ 12,257 | 5.63%₹ 11,159 | 4.89%₹ 25,234 | 6.63%₹ 12,127 | 5.67%₹ 39,241 | 6.80%₹ 13,900 | 6.41%₹ 70,562 | 7.90%₹ 21,410 | 7.26%₹ 1,74,409 |
Portfolio Holdings
Top Debt Instrument Type holdings of IDFC Money Manager Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| CP | 45.88% | ₹ 1,354.20 Cr. |
| T-Bills | 41.57% | ₹ 1,226.89 Cr. |
| CD | 10.05% | ₹ 296.43 Cr. |
| GOI | 1.94% | ₹ 56.96 Cr. |
| Others | .56% | - |
Top Debt Holdings of IDFC Money Manager Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - T-Bill | 41.57% | ₹ 1,226.89 Cr. |
| Bond - Kotak Mahindra Prime Ltd. | 9.07% | ₹ 267.55 Cr. |
| Bond - Axis Bank Ltd. | 7.58% | ₹ 223.44 Cr. |
| Bond - Housing Development Finance Corporation Ltd. | 6.68% | ₹ 197.29 Cr. |
| Bond - Reliance Industries Ltd. | 5.05% | ₹ 149.00 Cr. |
| Others | 30.05% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 9.04% |
| Margin | 0.00% |
| Net Receivables | -8.48% |