IDBI Nifty Next 50 Index Fund Direct Growth

Other
Index
Very High Risk
19.95%
3Y annualised
+1.06% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 28 Jul 2023₹36.55
Min. SIP amountNot Supported
Rating1
Fund size₹66.78Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Other Index
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns12.2%19.9%9.6%13.2%
Category average36.7%16.5%17.1%NA
Rank with in category181112NA
Understand terms

Holdings (50)

NameSectorInstrumentAssets
TechnologyEquity3.89%
Capital GoodsEquity3.67%
FinancialEquity3.67%
Consumer StaplesEquity3.34%
ChemicalsEquity3.23%
FinancialEquity2.89%
ServicesEquity2.83%
InsuranceEquity2.80%
EnergyEquity2.73%
Capital GoodsEquity2.73%
See All

Pros and cons

Category: Other Index

Pros

Cons

Exit load is zero
Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y
Lower expense ratio: 0.32%
Lower alpha: -4.66 The fund has generated returns lower than benchmark - NIFTY Next 50 Total Return Index - in the last 3Y
10Y annualised returns higher than category average by 1.08%
Low rating: 1

Expense ratio, exit load and tax

Expense ratio: 0.32%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported

Fund management

Fund house & investment objective

Fund house contact details

Address
4th Floor, IDBI Tower,WTC Complex, Cuffe Parade,Colaba, Mumbai 400005
Phone
NA
Launch Date
29 Mar 2010
E-mail
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,

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