| Risk | Moderately High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.55% |
| NAV | ₹2983.7 (16-Apr-2019) |
|---|---|
| Fund Started | 09-Nov-2011 |
| Fund Size | ₹64 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOLD - BULLION | Miscellaneous | Gold | 97.3% |
| Triparty Repo | Current Assets | Money Market | 2.8% |
| Net Receivables/(Payable) | Current Assets | Net Receivables/(Payables) | -0.1% |
IDBI Mutual Fund started their mutual fund on 29/03/2010 and its managing total assets of Rs. 9,570 Cr. Its ranked at 25 as per total assets at end of 30th Sep 2016.
IDBI bank is one the largest bank in the countries and has played a subsequently large role in the economic and financial progress of the country. It has been in the financial industry for over 40 years has developed itself into a commercial bank since then.
IDBI boasts of having a host a of innovative products and presents a wide counter of mutual funds keeping in mind investor objectives. The asset management company pioneers to bring about world class service to its investors through strategic investing decisions that will optimize investor's capital.
The mission of the company states that it looks to assist a common man to make informed investment decisions through mutual funds, which will further help the investor attain prosperity through the capital market.