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 ₹337 Cr and the Latest NAV as of 06 Dec 2019 is ₹16.29.
The IDBI Diversified Equity Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 12 months..
Investment Objective
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.
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.
Scheme Information Document(SID)
₹5000
Min for First Investment
₹1000
Min for Second Investment
Exit load of 1% if redeemed within 12 months.
Exit Load