Fund Details
IDBI India Top 100 Equity Fund Direct Dividend
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.38% |
| NAV | ₹20.56 (02 Dec 2020) |
|---|---|
| Fund Started | 02 Jan 2013 |
| Fund Size | ₹371 Cr |
Returns
as per Historical Returns
Comparison
1. Lower expense ratio - 1.38%
2. 1Y Returns are higher than the category average returns
1. Risk-adjusted returns are lower compared to the category
2. 3Y Returns are lower than the category average returns
3. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 9.4% |
| HDFC Bank Ltd. | Financial | Equity | 8.6% |
| Infosys Ltd. | Technology | Equity | 5.9% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 5.5% |
| ICICI Bank Ltd. | Financial | Equity | 4.7% |
| Tata Consultancy Services Ltd. | Technology | Equity | 3.9% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 3.4% |
| Hindustan Unilever Ltd. | FMCG | Equity | 2.6% |
| Axis Bank Ltd. | Financial | Equity | 2.5% |
| Asian Paints Ltd. | Chemicals | Equity | 2.5% |
Fund Managers
IDBI India Top 100 Equity Fund Direct Dividend Details
IDBI India Top 100 Equity Fund Direct Dividend is a Equity Mutual Fund Scheme launched by IDBI Mutual Fund. This scheme was made available to investors on 02 Jan 2013. Uma Venkatraman is the Current Fund Manager of IDBI India Top 100 Equity Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹371 Cr and the Latest NAV as of 02 Dec 2020 is ₹20.56.
The IDBI India Top 100 Equity Fund Direct 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 1 year.
Investment Objective
The scheme seeks to provide investors with the opportunities for long term capital appreciation by investing predominantly in equity and equity related instruments of Large Cap 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.
