IDBI Nifty Next 50 Index Fund Growth

IDBI Nifty Next 50 Index Fund Growth is a Other 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 Growth fund. The fund currently has an Asset Under Management(AUM) of ₹4,193 Cr and the Latest NAV as of 24 Mar 2023 is ₹28.08. The IDBI Nifty Next 50 Index Fund Growth 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. ;