Fund Details
IDBI Flexi Cap Fund Direct IDCW
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.16% |
| NAV | ₹20.27 (20 Apr 2021) |
|---|---|
| Fund Started | 28 Mar 2014 |
| Fund Size | ₹315 Cr |
Returns
Comparison
1. Lower expense ratio - 1.16%
2. 3Y Returns are higher than the category average returns
1. 1Y Returns are lower than the category average returns
2. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 7.5% |
| Infosys Ltd. | Technology | Equity | 4.4% |
| ICICI Bank Ltd. | Financial | Equity | 4.3% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.5% |
| Bajaj Finance Ltd. | Financial | Equity | 3.2% |
| Bharti Airtel Ltd. | Communication | Equity | 2.9% |
| Ultratech Cement Ltd. | Construction | Equity | 2.8% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 2.8% |
| Axis Bank Ltd. | Financial | Equity | 2.8% |
| Reliance Industries Ltd. | Energy | Equity | 2.6% |
Fund Managers
IDBI Flexi Cap Fund Direct IDCW Details
IDBI Flexi Cap Fund Direct IDCW is a Equity Mutual Fund Scheme launched by IDBI Mutual Fund. This scheme was made available to investors on 28 Mar 2014. Ashish Mishra is the Current Fund Manager of IDBI Flexi Cap Fund Direct IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹315 Cr and the Latest NAV as of 20 Apr 2021 is ₹20.27.
The IDBI Flexi Cap Fund Direct IDCW is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 12 months.
Investment Objective
The scheme seeks to provide investors with opportunities for long-term growth in capital through investment in a diversified portfolio of equity & equity related instruments across market capitalization.
Tax Implications
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.
