DFC Asset Management Company Limited is one of the largest mutual fund houses in India. It was established in the year 2000 and offers the investors the option to invest in up to 30 kinds of mutual funds.
Updated: 28-05-2024 02:40:56 PM
There are three types of mutual funds offered by IDFC which are:
DFC Sterling Value Fund
| Fund Type | Open-ended equity scheme |
| Entry Load | Nil |
| Exit Load | 1% if redeemed within a year from the date of allotment |
| Benchmark | Nifty Free Float Midcap 100 Index |
| Fund Manager | Mr. Anoop Bhaskar and Mr. Daylnn Pinto |
IDFC Tax Advantage (ELSS) Fund
| Fund Type | An open-ended equity linked saving scheme |
| Entry Load | Nil |
| Exit Load | Nil |
| Benchmark | S&P BSE 200 index |
| Fund Manager | Mr. Daylnn Pinto |
IDFC Multi Cap Fund
| Fund Type | An open-ended equity scheme |
| Entry Load | Nil |
| Exit Load | 1% if redeemed or switched within a year from the date of allotment |
| Benchmark | S&P BSE 500 index |
| Fund Manager | Ms. Punam Sharma and Mr. Anoop Bhaskar |
| Risk Factor | Moderately High |
IDFC Infrastructure Fund
| Fund Type | An open-ended equity scheme |
| Entry Load | Nil |
| Exit Load | 1% if redeemed or switched within a year from the date of allotment |
| Benchmark | Nifty Infrastructure |
| Fund Manager | Mr. Rajendra K Mishra |
| Risk Factor | High |
DFC Government Securities Fund – Constant Maturity Plan
| Fund Type | An open-ended dedicated gilt fund |
| Entry Load | Nil |
| Exit Load | Nil |
| Benchmark | CRISIL 10 Year Gilt Index |
IDFC Low Duration Fund
| Fund Type | An open-ended income scheme |
| Entry Load | Nil |
| Exit Load | Nil |
| Benchmark | CRISIL Liquid Fund Index |
IDFC Cash Fund
| Fund Type | An open-ended liquid scheme |
| Entry Load | Nil |
| Exit Load | Nil |
| Benchmark | CRISIL Liquid Fund Index |
IDFC Asset Allocation Fund of Funds – Aggressive Plan
| Fund Type | Fund of fund scheme |
| Entry Load | Nil |
| Exit Load | 1.50% if redeemed or switched before 18 months from the date of allotment |
| Benchmark |
|
IDFC Asset Allocation Fund of Funds – Moderate Plan
| Fund Type | Fund of fund scheme |
| Entry Load | Nil |
| Exit Load | 1.50% if redeemed or switched before 18 months from the date of allotment |
| Benchmark |
|
IDFC Asset Allocation Fund of Funds – Conservative Plan
| Fund Type | Fund of fund scheme |
| Entry Load | Nil |
| Exit Load | 1.50% if redeemed or switched before 18 months from the date of allotment |
| Benchmark |
|
The IDFC Mutual Fund can be availed by the following entities:
Documents required if the investor is an individual who is looking to invest in the mutual fund for the first time and is purchasing it from a distributor:
Documents required if the investor is looking to invest in the mutual fund for the first time and is purchasing it online:
Documents required if the person is a non – individual and is purchasing the mutual fund from a distributor:
Documents required if the person is an NRI purchasing the mutual fund from a distributor for the first time:
Here are the steps you can follow to invest in the IDFC Mutual Fund:
NAV or Net Asset Value is nothing but the sum total of all the market shares held in a portfolio minus the liabilities divided by the number of outstanding units. You buy and sell funds on the basis of NAVs.
NAV= The market value of the fund investments + Receivables + Accrued Income Liabilities – Accrued Expenses
Exit load is a non-transferable fee charged by the Asset Management Company at the time of exiting or leaving schemes of mutual funds.
Some mutual funds offer the investor the option to move from one scheme to another for which a fee is to be paid by the person. Switching allows the investor to change the allocation of his/her investments among the schemes depending on his/her risk profile, investment needs, and changing circumstances.
No, there are no guaranteed returns on investing in any of the mutual funds.
A person who wishes to take part in the Systematic Investment Plan (SIP) of a mutual fund will have to invest a minimum of Rs.500 on a monthly or on a quarterly basis by providing IDFC Mutual Fund Company with post-dated cheques (dated either 1st or 7th of each month) for at least twelve months.
Yes, NRIs except from United States of America and Canada can invest in any of the IDFC Mutual Fund Schemes.
An NRI will need to have any one of the following accounts in order to invest in a mutual fund which are:
