IDBI Diversified Equity Fund Direct Dividend is a Equity Mutual Fund Scheme launched by IDBI Mutual Fund. This scheme was introduced to investors on 28 Mar 2014. Ashish Mishra is the Current Fund Manager of IDBI Diversified Equity Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹318 Cr and the Latest NAV as of 29 Jan 2020 is ₹17.11.
The IDBI Diversified Equity Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is 500. Exit load of 1% if redeemed within 12 months..
To provide investors with opportunities for long-term growth in capital through investment in a diversified basket of equity stocks, debt and money market instruments. The equity portfolio will be well diversified andactively managed to realize the scheme objeve. However, there can be no assurance that the investment objective of thescheme will be realized.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit load of 1% if redeemed within 12 months.