| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.18% |
| NAV | ₹15.85 (25 Sep 2020) |
|---|---|
| Fund Started | 28 Mar 2014 |
| Fund Size | ₹290 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 6.1% |
| Hindustan Unilever Ltd. | FMCG | Equity | 4.8% |
| Abbott India Ltd. | Healthcare | Equity | 3.7% |
| Infosys Ltd. | Technology | Equity | 3.2% |
| Laurus Labs Ltd. | Healthcare | Equity | 3.2% |
| Bajaj Finance Ltd. | Financial | Equity | 3.2% |
| Bharti Airtel Ltd. | Communication | Equity | 3.2% |
| ICICI Bank Ltd. | Financial | Equity | 3.1% |
| Pidilite Industries Ltd. | Chemicals | Equity | 3.1% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 3.1% |
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 ₹290 Cr and the Latest NAV as of 25 Sep 2020 is ₹15.85.
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.