Fund Details
IDBI Focused 30 Equity Fund Regular Dividend
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 2.48% |
| NAV | ₹12.18 (18 Jan 2021) |
|---|---|
| Fund Started | 17 Nov 2017 |
| Fund Size | ₹155 Cr |
Returns
Comparison
1. Risk is lower compared to the benchmark
2. 1Y Returns are higher than the category average returns
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
5. 1Y Returns are lower than the benchmark
6. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
7. Age is less than 3 years
8. Higher expense ratio - 2.44%
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 9.5% |
| Reliance Industries Ltd. | Energy | Equity | 7.9% |
| Tata Consultancy Services Ltd. | Technology | Equity | 5.7% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 5.3% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 5.0% |
| ICICI Bank Ltd. | Financial | Equity | 4.8% |
| Infosys Ltd. | Technology | Equity | 4.4% |
| Asian Paints Ltd. | Chemicals | Equity | 4.3% |
| Bajaj Finance Ltd. | Financial | Equity | 3.5% |
| Divi's Laboratories Ltd. | Healthcare | Equity | 3.3% |
Fund Managers
IDBI Focused 30 Equity Fund Regular Dividend Details
IDBI Focused 30 Equity Fund Regular 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 Regular Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹155 Cr and the Latest NAV as of 18 Jan 2021 is ₹12.18.
The IDBI Focused 30 Equity Fund Regular Dividend 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 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.
