|Min SIP Amount||₹500|
|NAV||₹25.22 (03 Jul 2020)|
|Fund Started||02 Jan 2013|
|Fund Size||₹319 Cr|
|Reliance Industries Ltd.||Energy||Equity||9.3%|
|HDFC Bank Ltd.||Financial||Equity||9.3%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||4.5%|
|ICICI Bank Ltd.||Financial||Equity||4.5%|
|Hindustan Unilever Ltd.||FMCG||Equity||4.2%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||3.7%|
|Maruti Suzuki India Ltd.||Automobile||Equity||3.0%|
|Tata Consultancy Services Ltd.||Technology||Equity||2.9%|
|Bharti Airtel Ltd.||Communication||Equity||2.9%|
IDBI India Top 100 Equity Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹319 Cr and the Latest NAV as of 03 Jul 2020 is ₹25.22.
The IDBI India Top 100 Equity Fund Direct 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 1 year.
To provide investors with opportunities for long-term growth in capital through active management of a diversified basket of equity stocks, debt and money market instruments. The investment universe of the scheme will be restricted to equity stocks and equity related instruments of companies that are constituents of the S&P CNX Nifty Index (Nifty 50) and the CNX Nifty Junior Indices comprising a total of 100 stocks. These two indices are collectively referred to as the CNX 100 Index. The equity portfolio will be well-diversified and actively managed to realize the Scheme objective.
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.