IDFC Money Manager Fund 
Core Bucket
An open ended debt scheme investing in money market instruments. A Scheme with Relatively
Low Interest Rate Risk and Relatively Low Credit Risk.
IDFC Money Manager Fund Core Bucket
An open ended debt scheme investing in money market instruments. A Scheme with Relatively
Low Interest Rate Risk and Relatively Low Credit Risk.
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Category: Money Market
: ₹ 2,801.12 Crores
AUM or assets under management refers to the recent / updated cumulative market value of investments managed by a mutual fund or any investment firm.
: ₹ 2,856.55 Crores
AUM or assets under management refers to the recent / updated cumulative market value of investments managed by a mutual fund or any investment firm.
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An employee of the asset management company such as a mutual fund or life insurer, who manages investments of the scheme. He is usually part of a larger team of fund managers and research analysts.
Mr. Gautam Kaul (w.e.f. 1st Dcember 2021)
Other Parameter:
| Standard Deviation (Annualized)
Standard deviation is a statistical measure of the range of an investment's performance. When a mutual fund has a high standard deviation, its means its range of performance is wide, implying greater volatility. | 0.22% |
| Modified Duration
Modified duration is the price sensitivity and the percentage change in price for a unit change in yield | 75 days |
| Average Maturity | 78 days |
| Macaulay Duration | 77 days |
| Yield to Maturity
The Yield to Maturity or the YTM is the rate of return anticipated on a bond if held until maturity. YTM is expressed as an annual rate. The YTM factors in the bond's current market price, par value, coupon interest rate and time to maturity. | 3.70% |
| Total Expense Ratio | |
| Regular | 0.88% |
| Direct | 0.22% |
SIP (Minimum Amount): ₹ 100/-
SIP Frequency: Monthly
SIP Dates (Monthly): Investor may choose any day of the month except 29th, 30th and 31st as the date of installment.
Investment Objective: Click here
Minimum Investment Amount : ₹ 100/- and any amount thereafter
Option Available: Growth & IDCW@ Option - Daily (Reinvest), Weekly (Reinvest), Monthly (Payout, Reinvestment and Sweep), Periodic (Payout, Reinvestment and Sweep).
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Exit load is charged at the time an investor redeems the units of a mutual fund. The exit load is deducted from the prevailing NAV at the time of redemption. For instance, if the NAV is ₹ 100 and the exit load is 1%, the redemption price would be ₹ 99 per unit.
NAV (₹) as on November 30, 2021
| Plan | Option | Freq | NAV |
| Regular Plan | Growth | - | 32.5218 |
| Regular Plan | IDCW@ | Monthly | 10.2513 |
| Regular Plan | IDCW@ | Daily | 10.0994 |
| Regular Plan | IDCW@ | Weekly | 10.1233 |
| Regular Plan | IDCW@ | Periodic | 10.6654 |
| Name | Rating | % of NAV |
| Commercial Paper | 34.64% | |
| Kotak Mahindra Prime | A1+ | 9.52% |
| Kotak Mahindra Investments | A1+ | 3.80% |
| Reliance Jio Infocomm | A1+ | 3.48% |
| UltraTech Cement | A1+ | 3.46% |
| Sundaram Finance | A1+ | 3.46% |
| HDFC | A1+ | 3.45% |
| LIC Housing Finance | A1+ | 2.57% |
| Bajaj Finance | A1+ | 1.75% |
| Reliance Industries | A1+ | 1.75% |
| ICICI Securities | A1+ | 0.87% |
| Export Import Bank of India | A1+ | 0.52% |
| Treasury Bill | 16.80% | |
| 182 Days Tbill - 2021 | SOV | 16.80% |
| Certificate of Deposit | 15.15% | |
| Axis Bank | A1+ | 9.03% |
| Export Import Bank of India | A1+ | 4.38% |
| NABARD | A1+ | 1.74% |
| State Government Bond | 12.95% | |
| 7.42% Maharashtra SDL - 2022 | SOV | 6.57% |
| 8.90% RAJASTHAN SDL - 2022 | SOV | 4.72% |
| 4.54% Maharashtra SDL - 2022 | SOV | 0.88% |
| 4.75% Haryana SDL - 2022 | SOV | 0.35% |
| 6.64% Rajasthan SDL - 2022 | SOV | 0.18% |
| 8.95% Maharashtra SDL - 2022 | SOV | 0.16% |
| 8.99% Madhya Pradesh SDL - 2022 | SOV | 0.08% |
| Government Bond | 0.13% | |
| 8.20% - 2022 G-Sec | SOV | 0.13% |
| Net Cash and Cash Equivalent | 20.35% | |
| Grand Total | 100.00% |
Performance based on NAV as on 30/11/2021 Past performance may or may not be sustained in future.
The performances given are of regular plan growth option.
Click here for other funds managed by the fund manager and refer to the respective fund pages
#Benchmark Returns. ##Alternate Benchmark Returns. Standard Deviation calculated on the basis of 1 year history of
monthly data
*Inception Date of Regular Plan - Growth Feb 18, 2003.
^The fund has been repositioned from a floating rate fund to a money market fund w.e.f. June 4, 2018.
Scheme risk-o-meter
Investors understand that their principal will be at Low to Moderate risk
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.
Benchmark risk-o-meter
NIFTY Money Market Index
(IDFC Money Manager Fund was being managed by Harshal Joshi upto November 30, 2021.)
Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc.
