Home>Mutual Funds>IDBI Mutual Fund>IDBI Nifty Junior Index Fund Direct Growth
shareSHARE

IDBI Nifty Junior Index Fund Direct Growth+0.44%

44.77%
1 Year Return
Equity
Large Cap
1.0star
6M
1Y
3Y
5Y
All

Fund Details

IDBI Nifty Junior Index Fund Direct Growth

RiskVery High
Min SIP Amount₹500
Expense Ratio0.46%
NAV₹27.28 (20 Apr 2021)
Fund Started01 Jan 2013
Fund Size47 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
44.8%
4.6%
12.5%
13.7%
Category Average
50.8%
10.2%
12.9%
-
Rank Within Category
61
54
40
-
*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 44.8% returns per annum

Comparison

Data not available
Pros
1. Lower expense ratio - 0.46%
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
Vedanta Ltd.MetalsEquity3.6%
Adani Green Energy Ltd.EngineeringEquity3.5%
Avenue Supermarts Ltd.ServicesEquity3.4%
Info Edge (India) Ltd.ServicesEquity3.3%
ICICI Lombard General Insurance Company Ltd.FinancialEquity3.1%
Dabur India Ltd.FMCGEquity3.0%
Apollo Hospitals Enterprise Ltd.HealthcareEquity2.9%
Adani Enterprises Ltd.ServicesEquity2.8%
Pidilite Industries Ltd.ChemicalsEquity2.7%
Godrej Consumer Products Ltd.FMCGEquity2.7%
See All

Fund Managers

Firdaus Marazban Ragina
keyboard_arrow_down

IDBI Nifty Junior Index Fund Direct Growth Details

IDBI Nifty Junior Index Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹47 Cr and the Latest NAV as of 20 Apr 2021 is ₹27.28.

The IDBI Nifty Junior Index Fund Direct Growth is rated Very 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

Compare Funds

IDBI Nifty Junior Index Fund Direct Growth
VS
search

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,
Loading...
Similar Funds
ⓒ 2016-2021 Groww. All rights reserved, Built with in India