IDBI Nifty Junior Index Fund Direct Dividend+2.23%

2
-3.79%
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%
NAV21.18 (25 Sep 2020)
Fund Started01 Jan 2013
Fund Size46 Cr

Returns

1Y
3Y*
5Y*
Since inception*
IDBI Nifty Junior Index Fund Direct Dividend
-3.8%
-1.2%
7.0%
10.4%
Category Average
1.4%
1.2%
9.1%
-
Rank within category
14
49
38
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with -3.8% annual returns

    Comparison

    Data not available
    Pros
    1. Lower expense ratio - 0.49%
    2. 1Y Returns are higher than the category average returns
    3. Exit load is zero
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Risk-adjusted returns are lower compared to the category
    3. 3Y Returns are lower than the category average returns
    4. 5Y Returns are lower than the category average returns

    Top Holdings

    NameSectorInstrument% Assets
    Divi's Laboratories Ltd.HealthcareEquity5.3%
    Avenue Supermarts Ltd.ServicesEquity4.5%
    SBI Life Insurance Company Ltd.FinancialEquity4.3%
    Dabur India Ltd.FMCGEquity3.6%
    ICICI Lombard General Insurance Company Ltd.FinancialEquity3.4%
    Godrej Consumer Products Ltd.FMCGEquity3.3%
    Aurobindo Pharma Ltd.HealthcareEquity3.1%
    Info Edge (India) Ltd.ServicesEquity3.1%
    Lupin Ltd.HealthcareEquity3.0%
    Pidilite Industries Ltd.ChemicalsEquity2.9%
    See All

    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 ₹46 Cr and the Latest NAV as of 25 Sep 2020 is ₹21.18.

    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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