|Min SIP Amount||₹500|
|NAV||₹19.89 (18 Jan 2021)|
|Fund Started||28 Mar 2014|
|Fund Size||₹318 Cr|
|HDFC Bank Ltd.||Financial||Equity||7.3%|
|ICICI Bank Ltd.||Financial||Equity||3.5%|
|Laurus Labs Ltd.||Healthcare||Equity||3.4%|
|Pidilite Industries Ltd.||Chemicals||Equity||3.2%|
|Hindustan Unilever Ltd.||FMCG||Equity||3.2%|
|Bajaj Finance Ltd.||Financial||Equity||3.1%|
|ICICI Lombard General Insurance Company Ltd.||Financial||Equity||3.1%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||3.1%|
|Camlin Fine Sciences Ltd.||Chemicals||Equity||3.0%|
IDBI Diversified Equity Fund Direct Dividend 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 Diversified Equity Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹318 Cr and the Latest NAV as of 18 Jan 2021 is ₹19.89.
The IDBI Diversified Equity Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 12 months.
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.
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.