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2 star

IDFC Cash Fund - Direct Plan


Debt: Liquid

1 Lakh

Investment Grown to
₹ 1.05 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

Suitability:

Liquid funds invest in bonds having maturity of up to 3 months. They are suitable to park the amount that you have set aside to meet any emergency needs or any surplus money that you don't need for the next few months to an year. You can expect to earn better returns than what you would get from a bank account.

The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital. Though rare, there have been few instances when liquid funds have incurred losses.

Remember, these are suitable only to invest for a short time frame of up to one year. Do not invest in this, or any other Liquid fund, if your aim is to build wealth in the long run.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT).Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 2.56 0.01 0.06 0.30 1.07 2.42 5.24 6.50 6.90 7.55 --
CCIL T Bill Liquidity Weight 2.07 0.03 0.05 0.26 0.89 1.91 3.96 4.16 4.32 4.70 --
Debt: Liquid 2.56 0.01 0.06 0.30 1.05 2.42 5.33 6.47 6.82 7.51 --
Rank within category 26 26 29 23 24 26 29 28 27 26 --
Number of funds in category 39 39 39 39 39 39 39 35 34 33 1

As on 10-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
IDFC Cash Fund - Direct Plan
2 star
Jan-13 5.24 6.50 6.90 0.14 11,912
Aditya Birla Sun Life Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 5.68 6.76 7.09 0.21 36,679
Nippon India Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 5.64 6.76 7.08 0.19 30,604
Axis Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 5.59 6.72 7.05 0.15 27,032
Tata Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 5.65 6.72 7.05 0.21 17,858

Best & Worst Performance

Best (Period) Worst (Period)
Week 0.50 (24-Mar-2020 - 31-Mar-2020) -0.23 (17-Mar-2020 - 24-Mar-2020)
Month 0.92 (06-Sep-2013 - 08-Oct-2013) 0.10 (23-Feb-2020 - 24-Mar-2020)
Quarter 2.62 (24-Jul-2013 - 23-Oct-2013) 0.94 (24-Dec-2019 - 24-Mar-2020)
Year 9.76 (24-Jul-2013 - 24-Jul-2014) 5.23 (11-Jul-2019 - 10-Jul-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.36 0.29 3.59 4.74 0.44 1.60
CCIL T Bill Liquidity Weight 4.07 0.28 -4.34 -7.86 -- --
Debt: Liquid 6.33 0.50 3.67 4.95 0.58 1.73
Rank within category 28 22 27 27 12 29
Number of funds in category 35 35 35 35 35 35

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Jun-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 48 76 44 40
Modified Duration (yrs) 0.15 0.15 0.04 0.12
Average Maturity (yrs) 0.15 0.15 0.04 0.10
Yield to Maturity (%) 3.26 5.89 3.26 3.30

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new Reserve Bank of India 91-D 16/07/2020 Treasury Bills SOV 0.00 - 8.38 8.38
up Reserve Bank of India 84-D 20/08/2020 Treasury Bills SOV 0.00 - 8.36 8.36
equal Reserve Bank of India 91-D 27/08/2020 Treasury Bills SOV 0.00 - 8.35 8.35
new HDFC 88-D 25/09/2020 Commercial Paper A1+ 0.00 - 6.25 6.25
new NTPC 91-D 22/09/2020 Commercial Paper A1+ 0.00 - 5.83 5.83
new Reserve Bank of India 91-D 17/09/2020 Treasury Bills SOV 0.00 - 5.77 5.77
new Reserve Bank of India 91-D 03/09/2020 Treasury Bills SOV 0.00 - 4.59 4.59
new National Housing Bank 90-D 28/09/2020 Commercial Paper A1+ 0.00 - 4.58 4.58
new Reserve Bank of India 91-D 10/09/2020 Treasury Bills SOV 0.00 - 2.92 2.92
new Indian Oil Corp. 70-D 14/08/2020 Commercial Paper A1+ 0.00 - 2.51 2.51
equal Bajaj Finance 91-D 17/08/2020 Commercial Paper A1+ 0.00 - 2.30 2.30
equal Ultratech Cement 177-D 26/08/2020 Commercial Paper A1+ 0.00 - 2.09 2.09
equal Bajaj Finance 91-D 18/08/2020 Commercial Paper A1+ 0.00 - 2.09 2.09
equal Reliance Jio Infocomm 91-D 17/08/2020 Commercial Paper A1+ 0.00 - 2.09 2.09
new Export-Import Bank 91-D 28/09/2020 Certificate of Deposit A1+ 0.00 - 2.08 2.08
equal Indian Oil Corp. 76-D 21/07/2020 Commercial Paper A1+ 0.00 - 1.68 1.68
equal Reliance Jio Infocomm 91-D 20/07/2020 Commercial Paper A1+ 0.00 - 1.68 1.68
equal Bajaj Finance 91-D 19/08/2020 Commercial Paper A1+ 0.00 - 1.67 1.67
new Reliance Jio Infocomm 85-D 15/09/2020 Commercial Paper A1+ 0.00 - 1.67 1.67
equal Axis Bank 30/07/2020 Certificate of Deposit A1+ 0.00 - 1.59 1.59
new Reserve Bank of India 182-D 03/09/2020 Treasury Bills SOV 0.00 - 1.59 1.59
new Ultratech Cement 90-D 02/09/2020 Commercial Paper A1+ 0.00 - 1.46 1.46
equal Kotak Mahindra Prime 364-D 07/08/2020 Commercial Paper A1+ 0.00 - 1.30 1.30
equal Reliance Industries 91-D 04/08/2020 Commercial Paper A1+ 0.00 - 1.26 1.26
new Axis Bank 19/08/2020 Certificate of Deposit A1+ 0.00 - 1.25 1.25

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Jun-2020

Fund Manager

— Anurag Mittal since 09-Nov-2015

Education: Mr. Mittal is B.Com. (Hons), CA and M.Sc. in Accounting and Finance (specialization in Finance) from London School of Economics & Political Science.

Experience: Prior to joining IDFC AMC, he worked with HDFC AMC ( Sept. 2012 - Oct. 2015), Axis AMC (July 2009 - Sept. 2012), ICICI Prudential Life Insurance Company Ltd. as Credit Research Analyst (2008-2009) and with Bank of America in Corporate Banking (2006-2008).

Funds Managed:

— Harshal Joshi since 16-Sep-2015

Education: Mr. Joshi is PGDBM from N.L. Dalmia Institute of Management Studies and Research, Mumbai

Experience: Prior to joining IDFC Mutual fund in 2008 he has worked with ICAP India Pvt. Ltd.

Funds Managed:


0.01%

Change from previous, NAV as on 12-Jul-2020

Growth: ₹ 2,431.0644

Dividend Weekly: ₹ 1,007.1309

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Dividend Monthly: ₹ 1,008.4731

Dividend Daily: ₹ 1,001.6663

Dividend: ₹ 1,017.3334


Investment Strategy

The Scheme seeks to offer an investment avenue for short term savings by looking to generate returns commensurate with a low risk strategy and with high liquidity, from a portfolio that is invested in debt and money market securities with maturity up to 91 days.

Investment Details

Minimum Investment (₹) 100
Minimum Addl Investment (₹) 100
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 5,000
Exit Load Exit load of 0.0070% if redeemed within 1 day
0.0065% if redeemed within 2 days
0.0060% if redeemed within 3 days
0.0055% if redeemed within 4 days
0.0050% if redeemed within 5 days
0.0045% if redeemed within 6 days.

Basic Details

Fund House: IDFC Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 7.64%
Benchmark: CRISIL Liquid
Riskometer: Low
Type: Open-ended
Assets: ₹ 11,912 Cr (As on 30-Jun-2020)
Expense: 0.14% (As on 30-Jun-2020)
Risk Grade: --
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily12-Jul-20200.1714

 11-Jul-20200.1714
 10-Jul-20200.0714
 09-Jul-20200.1052
 08-Jul-20200.1048
 07-Jul-20200.0732
 06-Jul-20200.0501
 05-Jul-20200.1679
 04-Jul-20200.1679
 03-Jul-20200.0601
 02-Jul-20200.0758
 01-Jul-20200.1676
 30-Jun-20200.1020
 29-Jun-20200.0995
 28-Jun-20200.1704
 27-Jun-20200.1704
 26-Jun-20200.0855
 25-Jun-20200.1306
 24-Jun-20200.1186
 23-Jun-20200.1065
 22-Jun-20200.0994
 21-Jun-20200.1763
 20-Jun-20200.1763
 19-Jun-20200.1261
 18-Jun-20200.1104
Dividend Weekly10-Jul-20200.5759

 03-Jul-20200.6791
 26-Jun-20200.7210
 19-Jun-20200.7636
 12-Jun-20200.7943
 05-Jun-20200.5449
 29-May-20200.5575
 22-May-20201.0048
 15-May-20201.1191
 08-May-20201.0412
 30-Apr-20200.4844
 24-Apr-20201.1389
 17-Apr-20201.3980
 09-Apr-20200.5692
 03-Apr-20201.5873
 27-Mar-20201.6410
 13-Mar-20200.5901
 06-Mar-20200.9357
 28-Feb-20200.7613
 20-Feb-20200.6058
 14-Feb-20200.7340
 07-Feb-20200.7144
 31-Jan-20200.7018
 24-Jan-20200.7007
 17-Jan-20200.6284
Dividend Monthly26-Jun-20202.8655

 28-May-20203.9830
 28-Apr-20205.0270
 27-Mar-20203.1712
 28-Feb-20203.1225
 28-Jan-20203.1286
 27-Dec-20192.8313
 28-Nov-20192.9051
 30-Oct-20193.6702
 27-Sep-20192.9982
 29-Aug-20193.5034
 30-Jul-20194.2167
 27-Jun-20193.5823
 30-May-20194.7599
 26-Apr-20194.3884
 28-Mar-20193.9503
 27-Feb-20193.7231
 30-Jan-20194.5771
 28-Dec-20184.1126
 29-Nov-20184.3623
 30-Oct-20185.0166
 27-Sep-20183.9310
 30-Aug-20184.3840
 30-Jul-20184.6900
 28-Jun-20184.2775
Dividend25-Mar-2020343.6086

 12-Sep-201487.2510

Contact Information

AMC: IDFC Asset Management Company Limited

Address: Unit No. 27, Ground Floor, Khetan Bhavan,198, Jamshedji Tata Road, Churchgate, Mumbai - 400020

Phone: 022-24398777 / 24399999 / 66289999

Fax: 24215052 / 24215051

Email: [email protected]

Website: http://www.idfcmf.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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