| Presenting IDFC Money Manager Fund - Investment Plan - a 100% equity free option that generally invests in highly liquid fixed income instruments. |
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| So what makes this attractive? |
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| 1. |
IDFC Money Manager Fund - Investment Plan attempts to invest in highly rated short term fixed income (alternatively
termed as debt) instruments. Investments are disclosed monthly and can be found out through the
Fund Review. AAA/P1+ are the highest rating that can be accorded to any debt instrument. The thumb rule
here: higher the percentage of investments in these instruments, lower the risk. |
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| 2. |
Though returns in this fund are not guaranteed, returns are not even remotely volatile as compared to an
equity fund or even as compared to a long term income fund. You can get the monthly returns through the
Fund Review. |
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| 3. |
While interest earned in a Savings Bank account are attached with your income and you pay tax as per your
income tax slab. When you opt for the Daily Dividend Option (Daily returns are reinvested back into the
scheme on a daily basis) your investment is taxed at source at 14.1625% but from thereon are FULLY
TAX-FREE in your hands. |
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| 4. |
You can start with amounts as low as Rs 5000 and build up as you gain confidence. |
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| Returns for the days you invest? |
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| The biggest benefit of investing in the IDFC Money Manager Fund- Investment Plan is that you get returns for the days you have invested and returns for the amount you have invested. No more getting confused on the minimum balance required and no selective dates. |
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| What about withdrawing my investment? |
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Simple. Just call on our Toll Free Number 1 800 226 622 (no PIN required, no registration required for individual investors) before 12 noon on any business day (Monday-Friday) and you get your money back the very next business day.
It gets better. If you have a bank account with any of these banks then your investment withdrawal gets directly credited into your bank account. |
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1. ABN Amro Bank
2. Axis Bank
3. Citibank
4. Deutsche Bank
5. HSBC
6. HDFC Bank
7. ICICI Bank
8. IDBI Bank
9. IndusInd Bank
10. Kotak Mahindra Bank
11. Standard Chartered Bank
12. Yes Bank |
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