| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 2.45% |
| NAV | ₹9.65 (25 Sep 2020) |
|---|---|
| Fund Started | 17 Nov 2017 |
| Fund Size | ₹157 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 9.6% |
| HDFC Bank Ltd. | Financial | Equity | 8.4% |
| Tata Consultancy Services Ltd. | Technology | Equity | 5.5% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 4.6% |
| ICICI Bank Ltd. | Financial | Equity | 4.5% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 4.4% |
| Divi's Laboratories Ltd. | Healthcare | Equity | 4.3% |
| Hindustan Unilever Ltd. | FMCG | Equity | 4.3% |
| Infosys Ltd. | Technology | Equity | 4.3% |
| Asian Paints Ltd. | Chemicals | Equity | 4.2% |
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 ₹157 Cr and the Latest NAV as of 25 Sep 2020 is ₹9.65.
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.
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.