IDBI Nifty 50 Index Fund Direct Growth

IDBI Nifty 50 Index 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. Uma Venkatraman is the Current Fund Manager of IDBI Nifty 50 Index 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 ₹39.38. The IDBI Nifty 50 Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. ;

Investment Objective

The scheme will invest in the stocks comprising the Nifty 50 Index in the same weights as these stocks represented in the index with the intent to replicate the performance of the Total Returns Index of S&P CNX Nifty. ;