| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 2.61% |
| NAV | ₹10.04 (03 Aug 2020) |
|---|---|
| Fund Started | 25 Jan 2017 |
| Fund Size | ₹169 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Escorts Ltd. | Automobile | Equity | 5.8% |
| Trent Ltd. | Services | Equity | 3.9% |
| Info Edge (India) Ltd. | Services | Equity | 3.9% |
| Muthoot Finance Ltd. | Financial | Equity | 3.5% |
| Ipca Laboratories Ltd. | Healthcare | Equity | 3.5% |
| Crompton Greaves Consumer Electricals Ltd. | Cons Durable | Equity | 3.2% |
| PI Industries Ltd. | Chemicals | Equity | 3.0% |
| Supreme Industries Ltd. | Chemicals | Equity | 3.0% |
| AIA Engineering Ltd. | Metals | Equity | 2.6% |
| Procter & Gamble Hygiene & Health Care Ltd. | FMCG | Equity | 2.6% |
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 ₹169 Cr and the Latest NAV as of 03 Aug 2020 is ₹10.04.
The IDBI Midcap Fund Regular Growth 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.
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.
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.