These are the top-ranked funds within money market mutual funds.However, Scripbox does not recommend investing in money market mutual funds.Money Market Funds invest in money market instruments with maturity upto 1 year.
This category accounts for close to 5% of the total Debt fund assets.
Funds in this category have a credit quality and return similar to Liquid Funds however they tend to have higher variations when interest rates change.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher interest rate risk.
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
IDFC Asset Management Company Limited manages assets worth 130,443 crores and was set up on 20 December 1999. It's current offering of mutual fund schemes includes 33 equity,199 debt and 32 hybrid funds.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
Top Ranked
Neutral
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Sub-asset Class View
We check if the sub-category of the fund is recommended by us.
Fund Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Credit Attractiveness
We check the credit quality of the underlying instruments present in the fund. Higher the better.
Equity Funds
Debt Funds
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01
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02
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03
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About IDFC Money Manager Fund Plan C (G)
About IDFC Money Manager Fund Plan C (G)
IDFC Money Manager Fund Plan C (G) is a Money Market Debt fund and has delivered an annualised return of 8% over a period of 13 years. The fund was previously known as IDFC Money Mgr Trs C Gr . The fund is managed by IDFC Asset Management Company Limited. The fund managers are Brijesh Shah, Harshal Joshi
IDFC Money Manager Fund Plan C (G) Investment Objective
To generate stable returns with a low risk strategy by creating a portfolio that is substantially invested in money market instruments. . However, there is no assurance that the objective of the scheme will be realized.
IDFC Money Manager Fund Plan C (G) NAV,AUM,Risk
The IDFC Money Manager Fund Plan C (G) fund was launched on Sep 18, 2008. The NAV (Net Asset Value) of this Money Market Debt fund as of 2016-10-26 is ₹18.68. The total AUM (Asset Under Management) of the fund as of 26/10/2021 is ₹2829.34. The category risk of the IDFC Money Manager Fund Plan C (G) fund is Low to Moderate Risk. The fund charges 0.88 % as expense ratio.
IDFC Money Manager Fund Plan C (G) Holdings
The fund’s highest allocation is towards Others and has invested 97.3% in this asset class. The top three holdings of the fund are , triparty repo , 182 dtb 02122021 , 182 dtb 09122021 , reliance industries limited , kotak mahindra prime limited , 182 dtb 23122021 , reliance industries limited , reliance retail ventures limited , net current assets , kotak mahindra prime limited , ultratech cement limited , sundaram finance limited , kotak mahindra prime limited , axis bank limited , kotak mahindra investments limited , reliance industries limited , axis bank limited , national bank for agriculture and rural development , axis bank limited , housing development finance corporation limited , axis bank limited , kotak mahindra investments limited , housing development finance corporation limited , lic housing finance limited , axis bank limited , 7.42% mh sdl 2022 , lic housing finance limited , kotak mahindra investments limited , 04.54 mh sdl 2022 , export-import bank of india , 04.75 hr sdl 2022 , lic housing finance limited , 8.99% m.p. sdl 2022 , 8.20% govt stock 2022
IDFC Money Manager Fund Plan C (G) Sip
The minimum SIP (Systematic Investment Plan) amount for this is ₹null and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.
IDFC Money Manager Fund Plan C (G) Investment volatility and Horizon
This fund is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to Nifty Money Market TR INR.
IDFC Money Manager Fund Plan C (G) Review
IDFC Money Manager Fund Plan C (G) has a score of 4 on a scale of 5. The fund has a score of 5 out of 5 based on historical performance. As compared to the other funds in its category, IDFC Money Manager Fund Plan C (G) has a score of 4out of 5
The credit risk of the fund is 4 out of 5 as compared to other debt funds.
