|Min SIP Amount||₹500|
|NAV||₹20.56 (02 Dec 2020)|
|Fund Started||02 Jan 2013|
|Fund Size||₹371 Cr|
|Reliance Industries Ltd.||Energy||Equity||9.4%|
|HDFC Bank Ltd.||Financial||Equity||8.6%|
|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%|
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.
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.
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.