• Mutual Funds
  • IDFC Mutual Funds
  • IDFC Money Manager Fund (RIDCW-W)

Formerly IDFC Money Manager Reg Wk DR

IDFC Mutual Funds

IDFC Money Manager Fund (RIDCW-W)

DebtMoney Market

10.1315

NAV (Aug 05)

3.8%
3 Year CAGR
Scripbox Opinion
Not Recommended
Click here for top ranked funds in 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.

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Fund Size

₹ 3,199 Cr

The performance of the fund on a Fund Size metric has been Neutral

Rolling Returns

Poor

The performance of the fund on a Rolling Returns metric has been Poor

View all 8 analysis

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Invest in this fund

Scripbox Recommended Money Market Funds

Want the most stable money market funds for your portfolio?

Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

10.1315

NAV (Aug 5)

Fund Returns

Last 1Y

3.2%

Last 3Y

3.8%

Last 5Y

3.8%

Last 10Y

3.9%

Since Inception

4.5%

6 Month CAGR

1.7%

Scheme Information

Investment Objective

To generate stable returns with a low risk strategy by creating a portfolio that is substantially invested in money market instruments.

Expense Ratio

0.88

Launched (19y ago)

Feb 18, 2003

AUM in Crores

3199.316

ISIN

INF194K01LQ4

Lock-in

No Lock-in

Benchmark

Nifty Money Market TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Fund Managers

Gautam Kaul

Fund Manager

Harshal Joshi

Fund Manager

Brijesh Shah

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 93,3385.00%

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.

Asset allocation and Holdings

Last updated on 2022-08-05

Top Debt Holdings

182 Days Treasury Bill 15-12-2022

9.2%
9.2%

kotak mahindra bank limited

6.1%
6.1%

hdfc bank limited

5.4%
5.4%

housing development finance corporation limited

4.6%
4.6%

bajaj housing finance limited

4.6%
4.6%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 49,911 cr

₹ 14,870 cr

₹ 15,889 cr

₹ 14,702 cr

₹ 49,911 cr

About the AMC

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.

amc-img

  • 022-66289999
  • investormf@idfc.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    5.3%

    7.8%

    4.5%

    8%

    17.9%

    11.2%

    7.8%

    8.6%

    5%

    6.5%

    Investment Calculator

    Investment Duration5 years

    0

    Total Investment

    0

    Wealth Gained

    0

    Total Corpus Created (₹)

    With CAGR of 11.25 % in 5 years

    IDFC Money Manager Fund (RIDCW-W) Review

    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).

    Frequently Asked Questions

    What is IDFC Money Manager Fund (RIDCW-W)?

    IDFC Money Manager Fund (RIDCW-W) is a Money Market Debt scheme predominantly investing across Debt stocks with an investment objective to generate wealth over the long term.

    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.