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Inception Date: 18 Jan 2019

IDFC Overnight Fund

An Open-ended Debt Scheme investing in overnight securities
IDFC Overnight Fund - Regular Plan - Growth
  • Fund Category:

    Debt VIEW ALL
  • Returns Period:

    5+ yrs

Fund Summary

Fund Manager:

Min. Investment: 5,000.00

Min. SIP 1,000.00

Exit Load:
Nil

Why choose this fund?

  • FUND PERFORMANCE
  • STRATEGY & PORTFOLIO
  • DOCUMENTS
This scheme has not completed one year.

# Scheme Benchmark   

## Scheme Alternate Benchmark

This fund is managed by BrijeshShah (w.e.f 05 Feb 2019 )

* Performance based on NAV as on 31 Jan 2019.

View fund performance of other funds managed by BrijeshShah

Past performance may or may not be sustained in future.
Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc.

DIVIDEND HISTORY

Dividend considered here is for Regular Plan paid to Individual investors.

Data is not available

Face Value per Unit is Rs.10. Dividend is not guaranteed and past performance may or may not be sustained in future. Pursuant to payment of dividend, the NAV of the scheme would fall to the extent of payout and statutory levy (as applicable).

If you have invested in our funds, check its value as of today

NA

Taxation:

  • Equity oriented mutual funds - Long Term Capital Gains Tax (holding period is 12 months from date of investment^): 10%*#
  • Short Term capital Gains Tax: 15%*
  • Dividend Distribution Tax: 10%*
  • Other than Equity oriented mutual funds - Long Term Capital Gains Tax (holding period is 36 months from date of investment): 20% with indexation*
  • Short Term capital Gains Tax: As per income tax slab*
  • Dividend Distribution Tax: 25%*

#LTCG exceeding Rs. 1,00,000 on transfer of units of equity oriented mutual fund would be taxable at the rate of 10%
(plus applicable surcharge and education cesses) subject to payment of securities transaction tax at the time of transfer.
*These rates will further increase by applicable surcharge and education cess
The information provided above is as per prevailing taxation laws and applicable to Individuals who are Residents in India respectively.
^Securities transaction tax (STT) will be deducted on equity funds at the time of redemption and switch to the other schemes.

  • Investors understand that their principal will be at low risk

  • This product is suitable for investors who are seeking* :

    To generate short term optimal returns in line with overnight rates and high liquidity

    To invest in money market and debt instruments, with maturity of 1 day

    *Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

  • TAGS :
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* Performance based on NAV as on 31 Jan 2019.
 
 
 
 
 
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