| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 2.58% |
| NAV | ₹24.27 (05 Aug 2020) |
|---|---|
| Fund Started | 15 May 2012 |
| Fund Size | ₹341 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 9.4% |
| Reliance Industries Ltd. | Energy | Equity | 8.8% |
| ICICI Bank Ltd. | Financial | Equity | 5.1% |
| Infosys Ltd. | Technology | Equity | 4.8% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 4.3% |
| Hindustan Unilever Ltd. | FMCG | Equity | 4.0% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 3.7% |
| Bajaj Finance Ltd. | Financial | Equity | 3.1% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 2.8% |
| Tata Consultancy Services Ltd. | Technology | Equity | 2.7% |
IDBI India Top 100 Equity Fund Growth is a Equity Mutual Fund Scheme launched by IDBI Mutual Fund. This scheme was made available to investors on 15 May 2012. Uma Venkatraman is the Current Fund Manager of IDBI India Top 100 Equity Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹341 Cr and the Latest NAV as of 05 Aug 2020 is ₹24.27.
The IDBI India Top 100 Equity Fund 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.