IDFC Equity Savings Fund Direct- Dividend 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 managers Yogik Pitti, Harshal Joshi and Rajendra Mishra. It has an AUM of ₹75.38 Crores and the latest NAV decalared is ₹12.920 as on 22 Oct 2019 at 9:30 pm.
IDFC Equity Savings Fund Direct- Dividend scheme return performance in last 1 year is 6.88%, in last 3 years is 16.10% and 46.54% since scheme launch. The min. SIP amount to invest in this scheme is ₹100.
Hybrid: Equity Savings
01 Jan 2013
The scheme seeks to generate income by predominantly investing in arbitrage opportunities in the cash and derivatives segments of the equity markets along with debt and money market instruments and to generate long-term capital appreciation by investing a portion of the Schemes assets in equity and equity related instruments.