|Min SIP Amount||₹500|
|NAV||₹12.58 (27 Jan 2021)|
|Fund Started||27 Nov 2017|
|Fund Size||₹155 Cr|
|HDFC Bank Ltd.||Financial||Equity||8.9%|
|Reliance Industries Ltd.||Energy||Equity||7.7%|
|Tata Consultancy Services Ltd.||Technology||Equity||5.8%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||5.4%|
|ICICI Bank Ltd.||Financial||Equity||5.1%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||4.7%|
|Asian Paints Ltd.||Chemicals||Equity||4.3%|
|Bajaj Finance Ltd.||Financial||Equity||3.5%|
|Jindal Steel & Power Ltd.||Metals||Equity||3.4%|
IDBI Focused 30 Equity Fund Direct Growth is a Equity Mutual Fund Scheme launched by IDBI Mutual Fund. This scheme was made available to investors on 27 Nov 2017. V Balasubramanian is the Current Fund Manager of IDBI Focused 30 Equity Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹155 Cr and the Latest NAV as of 27 Jan 2021 is ₹12.58.
The IDBI Focused 30 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.
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.