Fund Details
IDBI India Top 100 Equity Fund Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 2.50% |
| NAV | ₹30.52 (25 Jan 2021) |
|---|---|
| Fund Started | 15 May 2012 |
| Fund Size | ₹403 Cr |
Returns
Comparison
1. Risk is lower compared to the benchmark
2. 1Y Returns are higher than the category average returns
1. Risk-adjusted returns are lower compared to the category
2. 1Y Returns are lower than the benchmark
3. 3Y Returns are lower than the benchmark
4. 5Y Returns are lower than the benchmark
5. Risk-adjusted returns are lower compared to the category
6. Higher expense ratio - 2.59%
7. 3Y Returns are lower than the category average returns
8. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 9.2% |
| HDFC Bank Ltd. | Financial | Equity | 8.2% |
| Infosys Ltd. | Technology | Equity | 5.9% |
| ICICI Bank Ltd. | Financial | Equity | 5.8% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 4.8% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 2.9% |
| Bajaj Finance Ltd. | Financial | Equity | 2.8% |
| Tata Consultancy Services Ltd. | Technology | Equity | 2.8% |
| Axis Bank Ltd. | Financial | Equity | 2.4% |
| Asian Paints Ltd. | Chemicals | Equity | 2.0% |
Fund Managers
IDBI India Top 100 Equity Fund Growth Details
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 ₹403 Cr and the Latest NAV as of 25 Jan 2021 is ₹30.52.
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.
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.
