Fund Details
IDBI Midcap Fund Regular Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 2.63% |
| NAV | ₹16.50 (23 Jul 2021) |
|---|---|
| Fund Started | 25 Jan 2017 |
| Fund Size | ₹201 Cr |
Returns
Comparison
Found nothing so far.
1. Age is less than 5 years
2. 1Y Returns are lower than the category average returns
3. 3Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Gujarat Gas Ltd. | Energy | Equity | 3.7% |
| PI Industries Ltd. | Chemicals | Equity | 3.3% |
| Muthoot Finance Ltd. | Financial | Equity | 3.1% |
| Dalmia Bharat Ltd. | Construction | Equity | 3.1% |
| ICICI Bank Ltd. | Financial | Equity | 2.9% |
| Jindal Steel & Power Ltd. | Metals | Equity | 2.8% |
| The Federal Bank Ltd. | Financial | Equity | 2.7% |
| ACC Ltd. | Construction | Equity | 2.6% |
| Relaxo Footwears Ltd. | FMCG | Equity | 2.6% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | Equity | 2.5% |
Fund Managers
IDBI Midcap Fund Regular Growth Details
IDBI Midcap Fund Regular Growth 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 Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹201 Cr and the Latest NAV as of 23 Jul 2021 is ₹16.50.
The IDBI Midcap Fund Regular Growth 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.
