IDBI Equity Savings Fund Direct IDCW Quarterly

IDBI Equity Savings Fund Direct IDCW Quarterly is a Hybrid Mutual Fund Scheme launched by IDBI Mutual Fund. This scheme was made available to investors on 29 Mar 2010. Uma Venkatraman is the Current Fund Manager of IDBI Equity Savings Fund Direct IDCW Quarterly fund. The fund currently has an Asset Under Management(AUM) of ₹3,592 Cr and the Latest NAV as of 28 Jul 2023 is ₹13.87. The IDBI Equity Savings Fund Direct IDCW Quarterly is rated Moderately High risk. Minimum SIP Investment is set to ₹500. Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 3 months. ;

Investment Objective

The scheme seeks to provide regular income by investing in debt and money market instruments and using arbitrage and other derivative strategies. Also intends to generate long capital appreciation through unhedged exposure to equity and equity related instruments. ;