IDBI Diversified Equity Fund Direct Dividend+0.40%

3Groww
10.28%
1 Year Return
Equity
Multi Cap
3.0 star
6M
1Y
3Y
5Y
All

Fund Details

IDBI Diversified Equity Fund Direct Dividend

RiskModerately High
Min SIP Amount₹500
Expense Ratio1.02%
NAV15.81 (11 Oct 2019)
Fund Started28 Mar 2014
Fund Size327 Cr

Returns

1Y
3Y*
5Y*
Since inception*
IDBI Diversified Equity Fund Direct Dividend
10.3%
6.6%
10.1%
15.9%
Category Average
-2.1%
5.9%
5.1%
-
Rank within category
27
28
15
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with 10.3% annual returns

    Comparison

    Data not available
    Pros
    1. Risk is lower compared to the benchmark
    2. Lower expense ratio
    3. 1Y Returns are higher than the benchmark
    4. 5Y Returns are higher than the benchmark
    Cons
    1. Risk-adjusted returns are lower compared to the category
    2. 3Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    Hindustan Unilever Ltd.FMCGEquity6.1%
    HDFC Bank Ltd.FinancialEquity5.3%
    Bajaj Finance Ltd.FinancialEquity3.3%
    Kotak Mahindra Bank Ltd.FinancialEquity3.3%
    Gillette India Ltd.FMCGEquity3.2%
    Abbott India Ltd.HealthcareEquity3.1%
    PVR Ltd.ServicesEquity3.1%
    Britannia Industries Ltd.FMCGEquity3.0%
    SBI Life Insurance Company Ltd.FinancialEquity2.9%
    Pidilite Industries Ltd.ChemicalsEquity2.9%
    See All

    Fund Managers

    addUma Venkatraman
    Education
    Prior to joining IDBI Mutual Fund, she had worked with B&K Securities, ASK Raymond James, Morgan Keegan and UTI Mutual Fund.
    Experience
    Funds Managed

    Other Details

    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 ₹327 Cr and the Latest NAV as of 11 Oct 2019 is ₹15.81.

    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

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    About IDBI Mutual Fund

    Address
    5th floor, Mafatlal Centre, Nariman Point Mumbai 400021
    Phone
    022-6644 2800
    Launch Date
    28 Mar 2010
    IDBI Mutual Fund
    Asset Management Company
    Custodian
    SBI SG Global Securities Services Pvt.Ltd.
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Invest Now
    Enter investment amount
    + ₹1,000
    + ₹5,000
    + ₹10,000
    ONE TIME
    MONTHLY SIP
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