| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 2.47% |
| NAV | ₹10.04 (11 Aug 2020) |
|---|---|
| Fund Started | 27 Nov 2017 |
| Fund Size | ₹151 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 9.3% |
| HDFC Bank Ltd. | Financial | Equity | 8.3% |
| Hindustan Unilever Ltd. | FMCG | Equity | 5.3% |
| Tata Consultancy Services Ltd. | Technology | Equity | 5.3% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 4.6% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 4.5% |
| ICICI Bank Ltd. | Financial | Equity | 4.2% |
| Asian Paints Ltd. | Chemicals | Equity | 3.9% |
| Divi's Laboratories Ltd. | Healthcare | Equity | 3.8% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.6% |
IDBI Focused 30 Equity Fund Regular 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 Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹151 Cr and the Latest NAV as of 11 Aug 2020 is ₹10.04.
The IDBI Focused 30 Equity Fund Regular 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 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.
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.