Fund Details
IDBI Diversified Equity Fund Direct Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.22% |
| NAV | ₹28.36 (25 Jan 2021) |
|---|---|
| Fund Started | 28 Mar 2014 |
| Fund Size | ₹318 Cr |
Returns
Comparison
1. Lower expense ratio - 1.18%
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
1. Risk-adjusted returns are lower compared to the category
2. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 7.1% |
| Infosys Ltd. | Technology | Equity | 4.0% |
| ICICI Bank Ltd. | Financial | Equity | 3.9% |
| Pidilite Industries Ltd. | Chemicals | Equity | 3.6% |
| Hindustan Unilever Ltd. | FMCG | Equity | 3.5% |
| Bajaj Finance Ltd. | Financial | Equity | 3.3% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 3.1% |
| ICICI Lombard General Insurance Company Ltd. | Financial | Equity | 3.0% |
| Laurus Labs Ltd. | Healthcare | Equity | 3.0% |
| Bharti Airtel Ltd. | Communication | Equity | 2.9% |
Fund Managers
IDBI Diversified Equity Fund Direct Growth Details
IDBI Diversified Equity Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹318 Cr and the Latest NAV as of 25 Jan 2021 is ₹28.36.
The IDBI Diversified Equity Fund Direct Growth 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.
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.
