|Min SIP Amount||Not Supported|
|Fund Started||31 Aug 2016|
|Fund Size||₹0 Cr|
IDBI Nifty 50 Exchange Traded Fund Growth is a Equity Mutual Fund Scheme launched by IDBI Mutual Fund. This scheme was made available to investors on 31 Aug 2016. Ashish Mishra is the Current Fund Manager of IDBI Nifty 50 Exchange Traded Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹0 Cr and the Latest NAV as of is ₹0.00.
The IDBI Nifty 50 Exchange Traded Fund Growth is rated risk. Minimum Lumpsum Investment is 5000.
The scheme seeks to provide returns that closely correspond to the total returns of the securities as represented by the underlying index (Nifty 50 Index), subject to tracking error, by holding the constituents of Nifty 50 Index in the portfolio in same proportion as that of the Index.
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.