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.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
₹ 3,199 Cr
The performance of the fund on a Fund Size metric has been Neutral
The performance of the fund on a Rolling Returns metric has been Poor
View all 8 analysis
Want the most stable money market funds for your portfolio?
NAV (Aug 5)
6 Month CAGR
To generate stable returns with a low risk strategy by creating a portfolio that is substantially invested in money market instruments.
Launched (19y ago)
Feb 18, 2003
AUM in Crores
Nifty Money Market TR INR
with step up of
|Instrument||Returns||Total Corpus||Gains||Annualised %|
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.
182 Days Treasury Bill 15-12-20229.2%
kotak mahindra bank limited6.1%
hdfc bank limited5.4%
housing development finance corporation limited4.6%
bajaj housing finance limited4.6%
|Fund Name||Fund Size||Rolling Returns|
₹ 49,911 cr
₹ 14,870 cr
₹ 15,889 cr
₹ 14,702 cr
₹ 49,911 cr
IDFC Asset Management Company Limited
IDFC Asset Management Company Limited manages assets worth 122,611 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.
|Fund Name||Scripbox Opinion||Till Date CAGR|
IDFC Money Manager Fund (RIDCW-W) is a Money Market Debt fund and has delivered an annualised return of 4.5% over a period of 19 years. The fund was previously known as IDFC Money Manager Reg Wk DR. The fund is managed by IDFC Asset Management Company Limited. The fund managers are Brijesh Shah, Gautam Kaul, Harshal Joshi.
Nav of IDFC Money Manager Fund (RIDCW-W) as of 8/5/2022 is ₹10.13 with the total AUM as of 8/8/2022 is ₹3199.316. With Scripbox you can compare and check the latest nav for all mutual funds in India. IDFC Money Manager Fund (RIDCW-W) was launched on Feb 18, 2003. The category risk of the fund is Low to Moderate Risk.
The minimum SIP amount for IDFC Money Manager Fund (RIDCW-W) is ₹1000 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. Check your estimated returns on mutual funds by using sip calculator.
IDFC Money Manager Fund (RIDCW-W) 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 (RIDCW-W) is rated as a 1 fund in Debt and delivered 3.2% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with IDFC Money Manager Fund (RIDCW-W).
What is IDFC Money Manager Fund (RIDCW-W)?
How to invest in IDFC Money Manager Fund (RIDCW-W)?
You can invest in IDFC Money Manager Fund (RIDCW-W) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of IDFC Money Manager Fund (RIDCW-W)?
The minimum sip amount for IDFC Money Manager Fund (RIDCW-W) is ₹1000. You can invest in multiples of ₹5000.
Is IDFC Money Manager Fund (RIDCW-W) good to invest in?
As per Scripbox experts, IDFC Money Manager Fund (RIDCW-W) is a Not Recommended fund. You can investIDFC Money Manager Fund (RIDCW-W) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the IDFC Money Manager Fund (RIDCW-W)?
The expense ratio of the IDFC Money Manager Fund (RIDCW-W) is 0.88% for regular plan.