IDBI Midcap Fund Direct Dividend-0.91%

2Groww
0.00%
1 Year Return
Equity
Mid Cap
2.0 star
6M
All

Fund Details

IDBI Midcap Fund Direct Dividend

RiskModerately High
Min SIP Amount₹500
Expense Ratio1.71%
NAV10.19 (06 Dec 2019)
Fund Started25 Jan 2017
Fund Size203 Cr

Returns

1Y
3Y*
5Y*
Since inception*
IDBI Midcap Fund Direct Dividend
NA
NA
NA
2.9%
Category Average
0.6%
6.3%
NA
-
Rank within category
22
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    Estimated Value
    as per Historical Returns
    0
    with 3.7% annual returns

    Comparison

    Data not available
    Pros
    1. Risk is lower compared to the benchmark
    2. Lower expense ratio
    3. 1Y Returns are higher than the benchmark
    Cons
    1. Age is less than 5 years
    2. Risk-adjusted returns are lower compared to the category

    Top Holdings

    NameSectorInstrument% Assets
    Trent Ltd.ServicesEquity4.7%
    AIA Engineering Ltd.MetalsEquity3.9%
    Supreme Industries Ltd.ChemicalsEquity3.9%
    Gillette India Ltd.FMCGEquity3.6%
    Procter & Gamble Hygiene & Health Care Ltd.FMCGEquity3.4%
    Crompton Greaves Consumer Electricals Ltd.Cons DurableEquity3.4%
    Shriram Transport Finance Co. Ltd.FinancialEquity3.3%
    Minda Industries Ltd.AutomobileEquity3.2%
    Escorts Ltd.AutomobileEquity3.1%
    Endurance Technologies Ltd.AutomobileEquity3.0%
    See All

    Fund Managers

    addUma Venkatraman
    Education
    Prior to joining IDBI Mutual Fund, she had worked with B&K Securities, ASK Raymond James, Morgan Keegan and UTI Mutual Fund.
    Experience
    Funds Managed

    Other Details

    IDBI Midcap Fund Direct Dividend is a Equity Mutual Fund Scheme launched by IDBI Mutual Fund. This scheme was introduced to investors on 25 Jan 2017. Ashish Mishra is the Current Fund Manager of IDBI Midcap Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹203 Cr and the Latest NAV as of 06 Dec 2019 is ₹10.19.

    The IDBI Midcap Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 12 months..

    Investment Objective

    The objective of the scheme is to provide investors with the opportunities for long-term capital appreciation by investing predominantly in Equity and Equity related instruments of Midcap Companies. However there can be no assurance that the investment objective under the scheme will be realized.

    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.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Exit load of 1% if redeemed within 12 months.
    Exit Load

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    About IDBI Mutual Fund

    Address
    5th floor, Mafatlal Centre, Nariman Point Mumbai 400021
    Phone
    022-6644 2800
    Launch Date
    28 Mar 2010
    IDBI Mutual Fund
    Asset Management Company
    Custodian
    SBI SG Global Securities Services Pvt.Ltd.
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Invest Now
    Enter investment amount
    + ₹1,000
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