IDBI Midcap Fund Direct Dividend+2.01%

2
3.05%
1 Year Return
Equity
Mid Cap
2.0star
6M
1Y
3Y
All

Fund Details

IDBI Midcap Fund Direct Dividend

RiskModerately High
Min SIP Amount₹500
Expense Ratio1.70%
NAV10.49 (25 Sep 2020)
Fund Started25 Jan 2017
Fund Size182 Cr

Returns

1Y
3Y*
5Y*
Since inception*
IDBI Midcap Fund Direct Dividend
3.0%
-0.9%
NA
3.0%
Category Average
11.1%
1.7%
NA
-
Rank within category
18
19
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    Estimated Value
    as per Historical Returns
    0
    with 3.0% annual returns

    Comparison

    Data not available
    Pros
    1. Lower expense ratio - 1.68%
    Cons
    1. Age is less than 5 years
    2. Risk-adjusted returns are lower compared to the category
    3. 1Y Returns are lower than the category average returns
    4. 3Y Returns are lower than the category average returns

    Top Holdings

    NameSectorInstrument% Assets
    Escorts Ltd.AutomobileEquity4.8%
    Info Edge (India) Ltd.ServicesEquity4.3%
    Trent Ltd.ServicesEquity3.8%
    Ipca Laboratories Ltd.HealthcareEquity3.6%
    PI Industries Ltd.ChemicalsEquity3.5%
    Muthoot Finance Ltd.FinancialEquity3.5%
    Crompton Greaves Consumer Electricals Ltd.Cons DurableEquity3.4%
    Supreme Industries Ltd.ChemicalsEquity3.3%
    Jindal Steel & Power Ltd.MetalsEquity2.8%
    Endurance Technologies Ltd.AutomobileEquity2.8%
    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

    IDBI Midcap Fund Direct Dividend Details

    IDBI Midcap Fund Direct Dividend 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 Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹182 Cr and the Latest NAV as of 25 Sep 2020 is ₹10.49.

    The IDBI Midcap Fund Direct Dividend is rated Moderately 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.

    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
    29 Mar 2010
    IDBI Mutual Fund
    Asset Management Company
    Custodian
    SBI SG Global Securities Services Pvt.Ltd.
    Registrar & Transfer Agent
    KFin Tech
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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