Fund Details
IDBI Focused 30 Equity Fund Direct IDCW
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.59% |
| NAV | ₹13.11 (06 May 2021) |
|---|---|
| Fund Started | 17 Nov 2017 |
| Fund Size | ₹136 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 - 1.59%
3. 3Y Returns are lower than the category average returns
4. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 9.5% |
| Reliance Industries Ltd. | Energy | Equity | 7.9% |
| Infosys Ltd. | Technology | Equity | 7.1% |
| 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% |
Fund Managers
IDBI Focused 30 Equity Fund Direct IDCW Details
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.
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.
