Fund Details
IDBI Midcap Fund Direct IDCW
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.67% |
| NAV | ₹14.15 (20 Apr 2021) |
|---|---|
| Fund Started | 25 Jan 2017 |
| Fund Size | ₹188 Cr |
Returns
Comparison
1. Lower expense ratio - 1.67%
1. Age is less than 5 years
2. 3Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Astral Ltd. | Chemicals | Equity | 3.7% |
| Dalmia Bharat Ltd. | Construction | Equity | 3.6% |
| Supreme Industries Ltd. | Chemicals | Equity | 3.5% |
| PI Industries Ltd. | Chemicals | Equity | 3.3% |
| Gujarat Gas Ltd. | Chemicals | Equity | 3.3% |
| Crompton Greaves Consumer Electricals Ltd. | Cons Durable | Equity | 3.0% |
| The Ramco Cements Ltd. | Construction | Equity | 3.0% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | Equity | 2.9% |
| Muthoot Finance Ltd. | Financial | Equity | 2.7% |
| ACC Ltd. | Construction | Equity | 2.7% |
Fund Managers
IDBI Midcap Fund Direct IDCW Details
IDBI Midcap Fund Direct IDCW is a Equity Mutual Fund Scheme launched by IDBI Mutual Fund. This scheme was made available to investors on 25 Jan 2017. Ashish Mishra is the Current Fund Manager of IDBI Midcap Fund Direct IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹188 Cr and the Latest NAV as of 20 Apr 2021 is ₹14.15.
The IDBI Midcap Fund Direct IDCW is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 12 months.
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 Midcap 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.
