IDBI Nifty Next 50 Index Fund Direct IDCW

IDBI Nifty Next 50 Index Fund Direct IDCW 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 Next 50 Index Fund Direct IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹3,592 Cr and the Latest NAV as of 28 Jul 2023 is ₹36.55. The IDBI Nifty Next 50 Index Fund Direct IDCW is rated Very High risk. Minimum SIP Investment is set to ₹500. ;

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. ;