About IDFC Asset Allocation Conservative Direct- Growth
IDFC Asset Allocation Conservative Direct- Growth is a Balanced mutual fund scheme from IDFC Mutual Fund. This scheme was launched on 01 Jan 2013 and is currently managed by its fund manager Arpit Kapoor. It has an AUM of ₹13.45 Crores and the latest NAV decalared is ₹22.677 as on 18 Oct 2019 at 10:30 pm.
IDFC Asset Allocation Conservative Direct- Growth scheme return performance in last 1 year is 9.50%, in last 3 years is 23.99% and 79.96% since scheme launch. The min. SIP amount to invest in this scheme is ₹1000.
Hybrid: Conservative Hybrid
01 Jan 2013
The scheme seeks to provide diversification across asset classes and generate a mix of capital appreciation and income predominantly through investment in equity funds and debt funds of IDFC Mutual Fund based on a defined asset allocation model.
About Fund Category
Conservative Hybrid Funds invest between 75% and 90% of their total assets in debt securities and the remaining in equity and equity related instruments. Investors who have a moderately high risk appetite and who want equity exposure may consider these funds to earn higher returns than pure debt funds.