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IDBI Nifty Junior Index Fund Direct Dividend-1.83%

13.65%
1 Year Return
Equity
Index
2.0star
6M
1Y
3Y
5Y
All

Fund Details

IDBI Nifty Junior Index Fund Direct Dividend

RiskModerately High
Min SIP Amount₹500
Expense Ratio0.49%
NAV₹26.44 (18 Jan 2021)
Fund Started01 Jan 2013
Fund Size48 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
13.7%
2.7%
13.5%
13.4%
Category Average
16.0%
9.2%
14.5%
-
Rank Within Category
54
55
43
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 13.7% returns per annum

Comparison

Data not available
Pros
1. Lower expense ratio - 0.49%
2. Exit load is zero
Cons
1. Asset under management(AUM) is less than 50 Crs. Watch expense ratio when AUM is very low
2. 1Y Returns are lower than the category average returns
3. 3Y Returns are lower than the category average returns
4. 5Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
Adani Green Energy Ltd.EngineeringEquity5.3%
Avenue Supermarts Ltd.ServicesEquity4.0%
Info Edge (India) Ltd.ServicesEquity3.9%
Tata Consumer Products Ltd.FMCGEquity3.8%
ICICI Lombard General Insurance Company Ltd.FinancialEquity3.8%
Dabur India Ltd.FMCGEquity3.4%
Godrej Consumer Products Ltd.FMCGEquity3.1%
Bandhan Bank Ltd.FinancialEquity2.9%
Aurobindo Pharma Ltd.HealthcareEquity2.9%
Pidilite Industries Ltd.ChemicalsEquity2.8%
See All

Fund Managers

Firdaus Marazban Ragina
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IDBI Nifty Junior Index Fund Direct Dividend Details

IDBI Nifty Junior Index Fund Direct Dividend is a Equity Mutual Fund Scheme launched by IDBI Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Uma Venkatraman is the Current Fund Manager of IDBI Nifty Junior Index Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹48 Cr and the Latest NAV as of 18 Jan 2021 is ₹26.44.

The IDBI Nifty Junior Index Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.

Investment Objective

The scheme seeks to invest only in and all the stocks comprising the Nifty Next 50 Index in the same weights of these stocks as in the Index with the objective to replicate the performance of the Total Returns Index of Nifty Next 50 Index.

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.

Scheme Information Document(SID)

₹5000
Min for First Investment
₹1000
Min for Second Investment
Nil
Exit Load

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About IDBI Mutual Fund

Address
5th floor, Mafatlal Centre, Nariman Point Mumbai 400021
Phone
022-6644 2800
Launch Date
29 Mar 2010
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,
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