Fund Details
IDBI Focused 30 Equity Fund Direct Dividend
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.57% |
| NAV | ₹13.60 (03 Mar 2021) |
|---|---|
| Fund Started | 17 Nov 2017 |
| Fund Size | ₹140 Cr |
Returns
Comparison
Found nothing so far.
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Higher expense ratio - 1.62%
3. 3Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 9.3% |
| Reliance Industries Ltd. | Energy | Equity | 7.6% |
| Infosys Ltd. | Technology | Equity | 6.8% |
| Tata Consultancy Services Ltd. | Technology | Equity | 6.7% |
| ICICI Bank Ltd. | Financial | Equity | 5.5% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 5.4% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 4.4% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 3.4% |
| Bajaj Finance Ltd. | Financial | Equity | 3.4% |
| Asian Paints Ltd. | Chemicals | Equity | 3.2% |
Fund Managers
IDBI Focused 30 Equity Fund Direct Dividend Details
IDBI Focused 30 Equity Fund Direct Dividend 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 Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹140 Cr and the Latest NAV as of 03 Mar 2021 is ₹13.60.
The IDBI Focused 30 Equity Fund Direct Dividend 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.
Investment Objective
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.
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.
