Name: IDBI Nifty Index Fund Direct Growth
Brand: IDBI Mutual Fund

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IDBI Nifty Index Fund Direct Growth
Other
Index
Very High Risk
56.41%
1Y return
+0.95% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 21 Sep 2021₹34.62
Min. SIP amount₹500
Rating3star
Fund size₹213.24 Cr
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: Other Index
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns56.4%17.1%15.5%13.7%
Category average48.0%13.9%14.2%NA
Rank with in category483224NA
Understand termsinfo
Holdings (50)NameSectorInstrumentAssets
Reliance Industries Ltd.
EnergyEquity9.8%
HDFC Bank Ltd.
FinancialEquity9.3%
Infosys Ltd.
TechnologyEquity8.5%
Housing Development Finance Corpn. Ltd.
FinancialEquity6.8%
ICICI Bank Ltd.
FinancialEquity6.7%
Tata Consultancy Services Ltd.
TechnologyEquity5.3%
Kotak Mahindra Bank Ltd.
FinancialEquity3.5%
Hindustan Unilever Ltd.
FMCGEquity3.3%
Larsen & Toubro Ltd.
ConstructionEquity2.7%
Axis Bank Ltd.
FinancialEquity2.7%
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
31 Aug 2021 - Present
0.16%
31 Jul 2021 - 31 Aug 2021
0.16%
30 Jun 2021 - 31 Jul 2021
0.16%
31 May 2021 - 30 Jun 2021
0.16%
30 Apr 2021 - 31 May 2021
0.16%
31 Mar 2021 - 30 Apr 2021
0.32%
28 Feb 2021 - 31 Mar 2021
0.32%
31 Jan 2021 - 28 Feb 2021
0.32%
31 Dec 2020 - 31 Jan 2021
0.35%
30 Nov 2020 - 31 Dec 2020
0.35%
31 Oct 2020 - 30 Nov 2020
0.30%
30 Sep 2020 - 31 Oct 2020
0.30%
31 Aug 2020 - 30 Sep 2020
0.30%
31 Jul 2020 - 31 Aug 2020
0.30%
30 Jun 2020 - 31 Jul 2020
0.30%
31 May 2020 - 30 Jun 2020
0.30%
30 Apr 2020 - 31 May 2020
0.30%
31 Mar 2020 - 30 Apr 2020
0.30%
29 Feb 2020 - 31 Mar 2020
0.30%
31 Jan 2020 - 29 Feb 2020
0.30%
30 Nov 2019 - 31 Jan 2020
0.30%
31 Oct 2019 - 30 Nov 2019
0.30%
30 Sep 2019 - 31 Oct 2019
0.10%
31 Aug 2019 - 30 Sep 2019
0.10%
31 Jul 2019 - 31 Aug 2019
0.10%
30 Jun 2019 - 31 Jul 2019
0.26%
31 May 2019 - 30 Jun 2019
0.26%
30 Apr 2019 - 31 May 2019
0.26%
31 Mar 2019 - 30 Apr 2019
0.25%
28 Feb 2019 - 31 Mar 2019
0.20%
31 Jan 2019 - 28 Feb 2019
0.20%
31 Dec 2018 - 31 Jan 2019
0.20%
30 Nov 2018 - 31 Dec 2018
0.20%
31 Oct 2018 - 30 Nov 2018
0.20%
30 Sep 2018 - 31 Oct 2018
0.23%
31 Aug 2018 - 30 Sep 2018
0.43%
31 Jul 2018 - 31 Aug 2018
0.43%
30 Jun 2018 - 31 Jul 2018
0.43%
31 May 2018 - 30 Jun 2018
0.43%
30 Apr 2018 - 31 May 2018
0.43%
31 Mar 2018 - 30 Apr 2018
0.43%
28 Feb 2018 - 31 Mar 2018
0.47%
31 Jan 2018 - 28 Feb 2018
0.70%
31 Dec 2017 - 31 Jan 2018
0.70%
30 Nov 2017 - 31 Dec 2017
0.70%
31 Oct 2017 - 30 Nov 2017
0.70%
Expense ratio, exit load and taxExpense ratio: 0.16%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns 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.
Understand termsinfo
Check past data
Minimum investment amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500
Fund managementFirdaus Marazban Ragina
Oct 2018 - Present
View details
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Education
Mr. Ragina has a B.Com degree
Experience
Prior to joining IDBI Mutual Fund, he has worked with IL&FS Broking Services, Avendus Securities, IL&FS Investsmart, UTI Securities and RefcoSify Securities.
Also manages these schemes
IDBI Nifty Index Fund IDCW
IDBI Nifty Index Fund Growth
IDBI Nifty Junior Index Fund Growth
IDBI Nifty Junior Index Fund IDCW
IDBI Gold Exchange Traded Fund
IDBI Gold Growth
IDBI Gold Direct Growth
IDBI Nifty Index Fund Direct Growth
IDBI Nifty Junior Index Fund Direct Growth
IDBI Nifty Index Fund Direct IDCW
IDBI Nifty Junior Index Fund Direct IDCW
Fund house & investment objective
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IDBI Mutual Fund
Rank (total assets)#29 in India
Total AUM4,031.93 Cr
Date of Incorporation29 Mar 2010
IDBI Nifty Index Fund Direct Growth is a Other Mutual Fund Scheme launched by IDBI Mutual Fund. This scheme was made available to investors on 29 Mar 
IDBI Nifty Index Fund Direct Growth is a Other 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 Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹4,032 Cr and the Latest NAV as of 21 Sep 2021 is ₹34.62.
The IDBI Nifty Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. ...Read more
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 rep
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.
...Read more
Fund benchmarkNIFTY 50 TRI
descriptionScheme Information Document(SID)
Fund house contact details
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Address
5th floor, Mafatlal Centre, Nariman Point Mumbai 400021
Phone
022-6644 2800
Launch Date
29 Mar 2010
E-mail
[email protected]
Website
NA
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
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	1Y	3Y	5Y	All
Fund returns	56.4%	17.1%	15.5%	13.7%
Category average	48.0%	13.9%	14.2%	NA
Rank with in category	48	32	24	NA

Name	Sector	Instrument	Assets
Reliance Industries Ltd.	Energy	Equity	9.8%
HDFC Bank Ltd.	Financial	Equity	9.3%
Infosys Ltd.	Technology	Equity	8.5%
Housing Development Finance Corpn. Ltd.	Financial	Equity	6.8%
ICICI Bank Ltd.	Financial	Equity	6.7%
Tata Consultancy Services Ltd.	Technology	Equity	5.3%
Kotak Mahindra Bank Ltd.	Financial	Equity	3.5%
Hindustan Unilever Ltd.	FMCG	Equity	3.3%
Larsen & Toubro Ltd.	Construction	Equity	2.7%
Axis Bank Ltd.	Financial	Equity	2.7%

Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	₹1,000

Rating	3
Fund size	₹213.24 Cr

Rank (total assets)	#29 in India
Total AUM	4,031.93 Cr