| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.17% |
| NAV | ₹21.89 (10 Jul 2020) |
|---|---|
| Fund Started | 28 Mar 2014 |
| Fund Size | ₹256 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 6.2% |
| Hindustan Unilever Ltd. | FMCG | Equity | 5.3% |
| Abbott India Ltd. | Healthcare | Equity | 5.1% |
| Britannia Industries Ltd. | FMCG | Equity | 4.5% |
| Pidilite Industries Ltd. | Chemicals | Equity | 3.7% |
| ICICI Lombard General Insurance Company Ltd. | Financial | Equity | 3.4% |
| Bharti Airtel Ltd. | Communication | Equity | 3.3% |
| Wabco India Ltd. | Automobile | Equity | 3.1% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 3.1% |
| Petronet LNG Ltd. | Energy | Equity | 2.9% |
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 ₹256 Cr and the Latest NAV as of 10 Jul 2020 is ₹21.89.
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.
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.
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.