IDBI Nifty Junior Index Fund Growth+1.01%

2Groww
1.35%
1 Year Return
Others
Index
2.0 star
6M
1Y
3Y
5Y
All

Fund Details

IDBI Nifty Junior Index Fund Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio1.04%
NAV21.18 (13 Dec 2019)
Fund Started20 Sep 2010
Fund Size53 Cr

Returns

1Y
3Y*
5Y*
Since inception*
IDBI Nifty Junior Index Fund Growth
1.4%
8.3%
8.6%
8.5%
Category Average
NA
NA
NA
-
Rank within category
89
74
8
-
*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 1.4% annual returns

    Comparison

    Data not available
    Pros
    1. 1Y Returns are higher than the benchmark
    2. 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. Risk is higher compared to the benchmark
    4. 3Y Returns are lower than the benchmark
    5. 5Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    SBI Life Insurance Company Ltd.FinancialEquity4.8%
    HDFC Life Insurance Co Ltd.FinancialEquity4.2%
    Godrej Consumer Products Ltd.FMCGEquity3.7%
    Dabur India Ltd.FMCGEquity3.4%
    Hindustan Petroleum Corpn. Ltd.EnergyEquity3.2%
    Shree Cement Ltd.ConstructionEquity3.2%
    Divi's Laboratories Ltd.HealthcareEquity2.9%
    Petronet LNG Ltd.EnergyEquity2.8%
    Pidilite Industries Ltd.ChemicalsEquity2.8%
    ICICI Lombard General Insurance Comapny Ltd.FinancialEquity2.8%
    See All

    Other Details

    IDBI Nifty Junior Index Fund Growth is a Others Mutual Fund Scheme launched by IDBI Mutual Fund. This scheme was introduced to investors on 20 Sep 2010. Uma Venkatraman is the Current Fund Manager of IDBI Nifty Junior Index Fund Growth.The fund currently has an Asset Under Management(AUM) of ₹53 Cr and the Latest NAV as of 13 Dec 2019 is ₹21.18.

    The IDBI Nifty Junior Index Fund Growth is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Nil.

    Investment Objective

    The investment objective of the scheme is to invest in the stocks and equity related instruments comprising the CNX Nifty Junior Index in the same weights as these stocks represented in the Index with the intent to replicate the performance of the Total Returns Index of CNX Nifty Junior Index. The scheme will adopt a passive investment strategy and will seek to achieve the investment objective by minimizing the tracking error between the CNX Nifty Junior Index (Total Returns Index) and the scheme.

    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
    28 Mar 2010
    IDBI Mutual Fund
    Asset Management Company
    Custodian
    SBI SG Global Securities Services Pvt.Ltd.
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Invest Now
    Enter investment amount
    + ₹1,000
    + ₹5,000
    + ₹10,000
    ONE TIME
    MONTHLY SIP
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