How to Invest in IDBI Midcap Fund Direct Growth?

You can easily invest in IDBI Midcap Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for IDBI Midcap Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in IDBI Midcap Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does IDBI Midcap Fund Direct Growth provide?

The IDBI Midcap Fund Direct Growth has been there from 25 Jan 2017 and the average annual returns provided by this fund is 17.88% since its inception.

How much expense ratio is charged by IDBI Midcap Fund Direct Growth?

The term Expense Ratio used for IDBI Midcap Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of IDBI Midcap Fund Direct Growth is 1.55% as of 06 Nov 2024...

What is the AUM of IDBI Midcap Fund Direct Growth?

The AUM, short for Assets Under Management of IDBI Midcap Fund Direct Growth is ₹334.33Cr as of 06 Nov 2024.

How to Redeem IDBI Midcap Fund Direct Growth?

If you want to sell your IDBI Midcap Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of IDBI Midcap Fund Direct Growth?

You can select either SIP or Lumpsum investment of IDBI Midcap Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of IDBI Midcap Fund Direct Growth?

The NAV of IDBI Midcap Fund Direct Growth is ₹20.90 as of 28 Jul 2023.

What is the PE and PB ratio of IDBI Midcap Fund Direct Growth?

The PE ratio ratio of IDBI Midcap Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

IDBI Midcap Fund Direct Growth - NAV, Mutual Fund Performance & Portfolio

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IDBI Midcap Fund Direct   Growth
Equity
Mid Cap
Very High Risk
25.00%
3Y annualised
+0.43% 1D
1M
6M
1Y
3Y
5Y
All
  NAV: 28 Jul 2023₹20.90
Min. SIP amountNot Supported
Rating1
Fund size₹334.33Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Equity Mid Cap
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns17.9%25.0%11.3%12.0%
Category average41.9%20.4%26.1%NA
Rank with in category162322NA
Understand terms
Peer ComparisonEquity, Mid Cap fundsRating1Y3YFund Size(Cr)
Motilal Oswal Midcap Fund Direct Growth
5
65.0%33.6%18,604.02
HDFC Mid Cap Opportunities Direct Plan Growth
4
42.8%27.0%77,682.90
Quant Mid Cap Fund Direct Growth
5
39.4%26.6%9,500.70
Nippon India Growth Fund Direct  Growth
4
46.9%25.0%35,208.97
Kotak Emerging Equity Fund Direct Growth
4
44.6%23.1%52,626.72
Holdings (54)NameSectorInstrumentAssets
UNO Minda Ltd.
AutomobileEquity4.32%
The Federal Bank Ltd.
FinancialEquity3.95%
Cholamandalam Investment and Finance Company Ltd.
FinancialEquity3.88%
Supreme Industries Ltd.
ChemicalsEquity3.55%
ICICI Bank Ltd.
FinancialEquity3.55%
Trent Ltd.
ServicesEquity3.49%
PI Industries Ltd.
ChemicalsEquity3.44%
Astral Ltd.
ChemicalsEquity3.12%
Coforge Ltd.
TechnologyEquity2.74%
Alkem Laboratories Ltd.
HealthcareEquity2.54%
Balkrishna Industries Ltd.
AutomobileEquity2.53%
Bharat Electronics Ltd.
Capital GoodsEquity2.51%
Dalmia Bharat Ltd.
ConstructionEquity2.49%
ACC Ltd.
ConstructionEquity2.29%
SKF India Ltd.
Capital GoodsEquity2.28%
Bank Of Baroda
FinancialEquity2.26%
Relaxo Footwears Ltd.
Consumer StaplesEquity2.09%
Ashok Leyland Ltd.
AutomobileEquity2.04%
Polycab India Ltd.
Capital GoodsEquity1.97%
Endurance Technologies Ltd.
AutomobileEquity1.96%
Info Edge (India) Ltd.
ServicesEquity1.87%
Godrej Properties Ltd.
ConstructionEquity1.78%
The Ramco Cements Ltd.
ConstructionEquity1.73%
REC Ltd.
FinancialEquity1.73%
State Bank of India
FinancialEquity1.71%
TVS Motor Company Ltd.
AutomobileEquity1.67%
Max Financial Services Ltd.
FinancialEquity1.61%
The Indian Hotels Company Ltd.
ServicesEquity1.61%
Voltas Ltd.
Consumer DiscretionaryEquity1.53%
Bharat Forge Ltd.
AutomobileEquity1.53%
Muthoot Finance Ltd.
FinancialEquity1.49%
Apollo Tyres Ltd.
AutomobileEquity1.48%
Crompton Greaves Consumer Electricals Ltd.
Consumer DiscretionaryEquity1.42%
Apollo Hospitals Enterprise Ltd.
HealthcareEquity1.41%
3M India Ltd.
DiversifiedEquity1.38%
Coromandel International Ltd.
ChemicalsEquity1.33%
Honeywell Automation India Ltd.
Capital GoodsEquity1.21%
Container Corporation Of India Ltd.
ServicesEquity1.12%
Whirlpool Of India Ltd.
Consumer DiscretionaryEquity1.11%
Oracle Financial Services Software Ltd.
TechnologyEquity1.04%
Jubilant FoodWorks Ltd.
ServicesEquity0.99%
Bata India Ltd.
Consumer StaplesEquity0.97%
Devyani International Ltd.
ServicesEquity0.96%
Bayer CropScience Ltd.
ChemicalsEquity0.94%
Zee Entertainment Enterprises Ltd.
ServicesEquity0.90%
K.P.R. Mill Ltd.
TextilesEquity0.85%
Bajaj Finance Ltd.
FinancialEquity0.81%
City Union Bank Ltd.
FinancialEquity0.80%
PCBL Ltd.
ChemicalsEquity0.78%
Laurus Labs Ltd.
HealthcareEquity0.76%
Arihant Superstructures Ltd.
ConstructionEquity0.62%
Bosch Ltd.
AutomobileEquity0.60%
Firstsource Solutions Ltd.
ServicesEquity0.59%
Tata Power Company Ltd.
EnergyEquity0.55%
See All
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting  your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
30 Jun 2023 - Present
1.62%
31 May 2023 - 30 Jun 2023
1.62%
30 Apr 2023 - 31 May 2023
1.62%
31 Mar 2023 - 30 Apr 2023
1.62%
28 Feb 2023 - 31 Mar 2023
1.62%
31 Jan 2023 - 28 Feb 2023
1.62%
31 Dec 2022 - 31 Jan 2023
1.62%
31 Dec 2022 - 31 Dec 2022
1.62%
30 Nov 2022 - 31 Dec 2022
1.62%
30 Nov 2022 - 30 Nov 2022
1.62%
30 Nov 2022 - 30 Nov 2022
1.62%
31 Oct 2022 - 30 Nov 2022
1.62%
31 Oct 2022 - 31 Oct 2022
1.62%
31 Oct 2022 - 31 Oct 2022
1.62%
31 Oct 2022 - 31 Oct 2022
1.62%
30 Sep 2022 - 31 Oct 2022
1.62%
30 Sep 2022 - 30 Sep 2022
1.62%
30 Sep 2022 - 30 Sep 2022
1.62%
31 Aug 2022 - 30 Sep 2022
1.62%
31 Aug 2022 - 31 Aug 2022
1.62%
31 Jul 2022 - 31 Aug 2022
1.62%
31 Jul 2022 - 31 Jul 2022
1.62%
30 Jun 2022 - 31 Jul 2022
1.62%
30 Jun 2022 - 30 Jun 2022
1.62%
31 May 2022 - 30 Jun 2022
1.64%
31 May 2022 - 31 May 2022
1.64%
30 Apr 2022 - 31 May 2022
1.64%
30 Apr 2022 - 30 Apr 2022
1.64%
31 Mar 2022 - 30 Apr 2022
1.64%
31 Mar 2022 - 31 Mar 2022
1.64%
28 Feb 2022 - 31 Mar 2022
1.64%
28 Feb 2022 - 28 Feb 2022
1.64%
31 Jan 2022 - 28 Feb 2022
1.64%
31 Dec 2021 - 31 Jan 2022
1.64%
30 Nov 2021 - 31 Dec 2021
1.64%
31 Oct 2021 - 30 Nov 2021
1.64%
30 Sep 2021 - 31 Oct 2021
1.64%
31 Aug 2021 - 30 Sep 2021
1.64%
31 Jul 2021 - 31 Aug 2021
1.64%
30 Jun 2021 - 31 Jul 2021
1.64%
31 May 2021 - 30 Jun 2021
1.64%
30 Apr 2021 - 31 May 2021
1.64%
31 Mar 2021 - 30 Apr 2021
1.69%
28 Feb 2021 - 31 Mar 2021
1.67%
31 Jan 2021 - 28 Feb 2021
1.68%
31 Dec 2020 - 31 Jan 2021
1.72%
30 Nov 2020 - 31 Dec 2020
1.72%
31 Oct 2020 - 30 Nov 2020
1.70%
30 Sep 2020 - 31 Oct 2020
1.69%
31 Aug 2020 - 30 Sep 2020
1.70%
31 Jul 2020 - 31 Aug 2020
1.70%
30 Jun 2020 - 31 Jul 2020
1.70%
31 May 2020 - 30 Jun 2020
1.68%
30 Apr 2020 - 31 May 2020
1.68%
31 Mar 2020 - 30 Apr 2020
1.68%
29 Feb 2020 - 31 Mar 2020
1.71%
31 Jan 2020 - 29 Feb 2020
1.71%
30 Nov 2019 - 31 Jan 2020
1.71%
31 Oct 2019 - 30 Nov 2019
1.71%
30 Sep 2019 - 31 Oct 2019
1.39%
31 Aug 2019 - 30 Sep 2019
1.39%
31 Jul 2019 - 31 Aug 2019
1.39%
30 Jun 2019 - 31 Jul 2019
0.95%
31 May 2019 - 30 Jun 2019
0.95%
30 Apr 2019 - 31 May 2019
0.95%
31 Mar 2019 - 30 Apr 2019
1.07%
28 Feb 2019 - 31 Mar 2019
1.02%
31 Jan 2019 - 28 Feb 2019
1.02%
31 Dec 2018 - 31 Jan 2019
1.01%
30 Nov 2018 - 31 Dec 2018
1.01%
31 Oct 2018 - 30 Nov 2018
1.02%
30 Sep 2018 - 31 Oct 2018
1.06%
31 Aug 2018 - 30 Sep 2018
0.75%
31 Jul 2018 - 31 Aug 2018
0.75%
30 Jun 2018 - 31 Jul 2018
0.75%
31 May 2018 - 30 Jun 2018
0.92%
30 Apr 2018 - 31 May 2018
0.92%
31 Mar 2018 - 30 Apr 2018
0.92%
28 Feb 2018 - 31 Mar 2018
0.41%
31 Jan 2018 - 28 Feb 2018
0.38%
31 Dec 2017 - 31 Jan 2018
0.38%
30 Nov 2017 - 31 Dec 2017
0.39%
31 Oct 2017 - 30 Nov 2017
0.39%
Expense ratio, exit load and taxExpense ratio: 1.55%Inclusive of GST
Exit loadExit Load for units in excess of 12% of the investment,1% will be charged for redemption within 12 months.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Understand terms
Check past data
Minimum investment amountsMin. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported
Fund managementKaran Doshi
Jul 2023 - Present
View details
Education
Mr. Doshi is a Bachelor of Engineering, MMS (Finance)
Experience
Prior to joining LIC Mutual Fund, he has worked with Subhkam Ventures Pvt. Limited as Equity Analyst.
Also manages these schemes
LIC MF Unit Linked Insurance Scheme Direct IDCW
LIC MF Aggressive Hybrid Fund Direct Growth
LIC MF ELSS Tax Saver Direct   Growth
LIC MF Conservative Hybrid Fund Direct Growth
LIC MF Children's Fund Direct Growth
LIC MF Midcap Fund Direct   Growth
LIC MF Value Fund Direct   Growth
LIC MF Dividend Yield Fund Direct   Growth
LIC MF Healthcare Fund Direct   Growth
Dikshit Mittal
Jul 2023 - Present
View details
Education
Mr. Mittal is a MBA (Finance) - ICFAI Busines School, Hyderabad. B-Tech (Chemical) - Punjab Technical University.
Experience
Prior to joining LIC Mutual Fund Asset Management Ltd., he has worked with Subhkam Ventures Pvt. Limited. SBI Capital Securities and Alchemy Shares and Stock Brokers.
Also manages these schemes
LIC MF Unit Linked Insurance Scheme Direct IDCW
LIC MF ELSS Tax Saver Direct   Growth
LIC MF Large & Mid Cap Fund Direct Growth
LIC MF Multi Cap Fund Direct   Growth
LIC MF Midcap Fund Direct   Growth
LIC MF Small Cap Fund Direct   Growth
LIC MF Dividend Yield Fund Direct   Growth
Fund house & investment objective
IDBI Mutual Fund
Rank (total assets)#29 in India
Total AUM₹3,591.62Cr
Date of Incorporation29 Mar 2010
    IDBI Midcap Fund Direct   Growth is a Equity Mutual Fund Scheme launched by IDBI Mutual Fund.     This scheme was made available to investors on 29 Mar 2010.     Ashish Mishra is the Current Fund Manager of IDBI Midcap Fund Direct   Growth fund.     The fund currently has an Asset Under Management(AUM) of ₹3,592 Cr and     the Latest NAV as of 28 Jul 2023 is ₹20.90.  

    The IDBI Midcap Fund Direct   Growth is rated Very High risk.     Minimum SIP Investment is set to ₹500.          Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 12 months.
  ;
Investment ObjectiveThe 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. 
 
;
Fund benchmarkNIFTY Midcap 150 Total Return Index
Scheme Information Document(SID)
Fund house contact details
Address
4th Floor, IDBI Tower,WTC Complex, Cuffe Parade,Colaba, Mumbai 400005
Phone
NA
Launch Date
29 Mar 2010
E-mail
NA
Website
www.idbimutual.co.in
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,
Email
[email protected]
Website
www.karvymfs.com
Compare funds
IDBI Midcap Fund Direct   Growth
VS
Add mutual fund to compare

	1Y	3Y	5Y	All
Fund returns	17.9%	25.0%	11.3%	12.0%
Category average	41.9%	20.4%	26.1%	NA
Rank with in category	16	23	22	NA

Equity, Mid Cap funds	Rating	1Y	3Y	Fund Size(Cr)
Motilal Oswal Midcap Fund Direct Growth	5	65.0%	33.6%	18,604.02
HDFC Mid Cap Opportunities Direct Plan Growth	4	42.8%	27.0%	77,682.90
Quant Mid Cap Fund Direct Growth	5	39.4%	26.6%	9,500.70
Nippon India Growth Fund Direct Growth	4	46.9%	25.0%	35,208.97
Kotak Emerging Equity Fund Direct Growth	4	44.6%	23.1%	52,626.72

Name	Sector	Instrument	Assets
UNO Minda Ltd.	Automobile	Equity	4.32%
The Federal Bank Ltd.	Financial	Equity	3.95%
Cholamandalam Investment and Finance Company Ltd.	Financial	Equity	3.88%
Supreme Industries Ltd.	Chemicals	Equity	3.55%
ICICI Bank Ltd.	Financial	Equity	3.55%
Trent Ltd.	Services	Equity	3.49%
PI Industries Ltd.	Chemicals	Equity	3.44%
Astral Ltd.	Chemicals	Equity	3.12%
Coforge Ltd.	Technology	Equity	2.74%
Alkem Laboratories Ltd.	Healthcare	Equity	2.54%
Balkrishna Industries Ltd.	Automobile	Equity	2.53%
Bharat Electronics Ltd.	Capital Goods	Equity	2.51%
Dalmia Bharat Ltd.	Construction	Equity	2.49%
ACC Ltd.	Construction	Equity	2.29%
SKF India Ltd.	Capital Goods	Equity	2.28%
Bank Of Baroda	Financial	Equity	2.26%
Relaxo Footwears Ltd.	Consumer Staples	Equity	2.09%
Ashok Leyland Ltd.	Automobile	Equity	2.04%
Polycab India Ltd.	Capital Goods	Equity	1.97%
Endurance Technologies Ltd.	Automobile	Equity	1.96%
Info Edge (India) Ltd.	Services	Equity	1.87%
Godrej Properties Ltd.	Construction	Equity	1.78%
The Ramco Cements Ltd.	Construction	Equity	1.73%
REC Ltd.	Financial	Equity	1.73%
State Bank of India	Financial	Equity	1.71%
TVS Motor Company Ltd.	Automobile	Equity	1.67%
Max Financial Services Ltd.	Financial	Equity	1.61%
The Indian Hotels Company Ltd.	Services	Equity	1.61%
Voltas Ltd.	Consumer Discretionary	Equity	1.53%
Bharat Forge Ltd.	Automobile	Equity	1.53%
Muthoot Finance Ltd.	Financial	Equity	1.49%
Apollo Tyres Ltd.	Automobile	Equity	1.48%
Crompton Greaves Consumer Electricals Ltd.	Consumer Discretionary	Equity	1.42%
Apollo Hospitals Enterprise Ltd.	Healthcare	Equity	1.41%
3M India Ltd.	Diversified	Equity	1.38%
Coromandel International Ltd.	Chemicals	Equity	1.33%
Honeywell Automation India Ltd.	Capital Goods	Equity	1.21%
Container Corporation Of India Ltd.	Services	Equity	1.12%
Whirlpool Of India Ltd.	Consumer Discretionary	Equity	1.11%
Oracle Financial Services Software Ltd.	Technology	Equity	1.04%
Jubilant FoodWorks Ltd.	Services	Equity	0.99%
Bata India Ltd.	Consumer Staples	Equity	0.97%
Devyani International Ltd.	Services	Equity	0.96%
Bayer CropScience Ltd.	Chemicals	Equity	0.94%
Zee Entertainment Enterprises Ltd.	Services	Equity	0.90%
K.P.R. Mill Ltd.	Textiles	Equity	0.85%
Bajaj Finance Ltd.	Financial	Equity	0.81%
City Union Bank Ltd.	Financial	Equity	0.80%
PCBL Ltd.	Chemicals	Equity	0.78%
Laurus Labs Ltd.	Healthcare	Equity	0.76%
Arihant Superstructures Ltd.	Construction	Equity	0.62%
Bosch Ltd.	Automobile	Equity	0.60%
Firstsource Solutions Ltd.	Services	Equity	0.59%
Tata Power Company Ltd.	Energy	Equity	0.55%

Rank (total assets)	#29 in India
Total AUM	₹3,591.62Cr

Date of Incorporation	29 Mar 2010

Fund benchmark	NIFTY Midcap 150 Total Return Index

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Bengaluru – 560103
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Min. for 1st investment	Not Supported
Min. for 2nd investment onwards	Not Supported

IDBI Midcap Fund Direct Growth

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Peer Comparison

Holdings (54)

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 1.55%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Karan DoshiJul 2023 - PresentView details

Dikshit MittalJul 2023 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Karan Doshi
Jul 2023 - Present
View details

Dikshit Mittal
Jul 2023 - Present
View details