IDBI Focused 30 Equity Fund Direct Growth-1.60%

1
-3.09%
1 Year Return
Equity
Focused
1.0star
6M
1Y
All

Fund Details

IDBI Focused 30 Equity Fund Direct Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio1.67%
NAV9.79 (15 Jul 2020)
Fund Started27 Nov 2017
Fund Size151 Cr

Returns

1Y
3Y*
5Y*
Since inception*
IDBI Focused 30 Equity Fund Direct Growth
-3.1%
NA
NA
-0.7%
Category Average
-16.9%
0.9%
7.0%
-
Rank within category
16
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    Estimated Value
    as per Historical Returns
    0
    with -3.1% annual returns

    Comparison

    Data not available
    Pros
    1. 1Y Returns are higher than the category average returns
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Age is less than 3 years
    3. Risk-adjusted returns are lower compared to the category
    4. Higher expense ratio - 1.67%

    Top Holdings

    NameSectorInstrument% Assets
    Reliance Industries Ltd.EnergyEquity10.7%
    HDFC Bank Ltd.FinancialEquity8.0%
    Hindustan Unilever Ltd.FMCGEquity5.4%
    Tata Consultancy Services Ltd.TechnologyEquity5.3%
    Housing Development Finance Corpn. Ltd.FinancialEquity4.7%
    ICICI Bank Ltd.FinancialEquity4.2%
    Divi's Laboratories Ltd.HealthcareEquity4.2%
    Asian Paints Ltd.ChemicalsEquity4.1%
    SBI Life Insurance Company Ltd.FinancialEquity4.0%
    Larsen & Toubro Ltd.ConstructionEquity3.8%
    See All

    Fund Managers

    addUma Venkatraman
    Education
    Prior to joining IDBI Mutual Fund, she had worked with B&K Securities, ASK Raymond James, Morgan Keegan and UTI Mutual Fund.
    Experience
    Funds Managed

    IDBI Focused 30 Equity Fund Direct Growth Details

    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 ₹151 Cr and the Latest NAV as of 15 Jul 2020 is ₹9.79.

    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.

    Investment Objective

    The investment objective of the Scheme is to provide long term capital appreciation by investing in concentrated portfolio of equity and equity related instruments of up to 30 companies and balance in debt and money market instruments.However there can be no assurance that the investment objective of the Scheme will be realized.

    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.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Exit load of 1% if redeemed within 12 months.
    Exit Load

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    About IDBI Mutual Fund

    Address
    5th floor, Mafatlal Centre, Nariman Point Mumbai 400021
    Phone
    022-6644 2800
    Launch Date
    29 Mar 2010
    IDBI Mutual Fund
    Asset Management Company
    Custodian
    SBI SG Global Securities Services Pvt.Ltd.
    Registrar & Transfer Agent
    KFin Tech
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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