|Min SIP Amount||₹500|
|NAV||₹13.11 (06 May 2021)|
|Fund Started||17 Nov 2017|
|Fund Size||₹136 Cr|
|HDFC Bank Ltd.||Financial||Equity||9.5%|
|Reliance Industries Ltd.||Energy||Equity||7.9%|
|Tata Consultancy Services Ltd.||Technology||Equity||6.5%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||6.2%|
|ICICI Bank Ltd.||Financial||Equity||5.7%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||4.2%|
|Bajaj Finance Ltd.||Financial||Equity||3.5%|
|Jindal Steel & Power Ltd.||Metals||Equity||3.4%|
|Larsen & Toubro Ltd.||Construction||Equity||3.2%|
IDBI Focused 30 Equity Fund Direct IDCW is a Equity Mutual Fund Scheme launched by IDBI Mutual Fund. This scheme was made available to investors on 17 Nov 2017. V Balasubramanian is the Current Fund Manager of IDBI Focused 30 Equity Fund Direct IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹136 Cr and the Latest NAV as of 06 May 2021 is ₹13.11.
The IDBI Focused 30 Equity Fund Direct IDCW is rated Very 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 aims to generate capital appreciation by investing in a concentrated portfolio of large cap focused equity and equity related securities of upto 30 companies.
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.