IDBI Hybrid Equity Fund Direct Dividend+0.44%

2
8.28%
1 Year Return
Hybrid
Aggressive
2.0star
6M
1Y
3Y
All

Fund Details

IDBI Hybrid Equity Fund Direct Dividend

RiskModerately High
Min SIP Amount₹500
Expense Ratio1.70%
NAV11.73 (07 Aug 2020)
Fund Started18 Oct 2016
Fund Size220 Cr

Returns

1Y
3Y*
5Y*
Since inception*
IDBI Hybrid Equity Fund Direct Dividend
8.3%
1.8%
NA
5.7%
Category Average
-9.3%
-0.1%
4.8%
-
Rank within category
7
20
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    Estimated Value
    as per Historical Returns
    0
    with 8.3% annual returns

    Comparison

    Data not available
    Pros
    1. 1Y Returns are higher than the category average returns
    2. 3Y Returns are higher than the category average returns
    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. Higher expense ratio - 1.69%

    Top Holdings

    NameSectorInstrument% Assets
    Bank Of BarodaFinancialDebenture10.1%
    Housing & Urban Development Corpn. Ltd.FinancialDebenture8.6%
    Punjab National BankFinancialBonds4.5%
    HDFC Bank Ltd.FinancialEquity3.4%
    Reliance Industries Ltd.EnergyEquity3.1%
    Aarti Industries Ltd.ChemicalsEquity2.6%
    Hindustan Unilever Ltd.FMCGEquity2.5%
    Sanofi India Ltd.HealthcareEquity2.4%
    Housing Development Finance Corpn. Ltd.FinancialEquity2.4%
    Axis Bank Ltd.FinancialBonds2.3%
    See All

    Fund Managers

    addRaju Sharma
    Education
    Mr. Sharma is a Commerce Graduate and holds a degree of CA and LLB.
    Experience
    Prior to joining IDBI Mutual Fund, he has worked with Tata Mutual Fund, Indiabulls Mutual Fund, JM Morgan Stanley and DHFL.
    Funds Managed
    addUma Venkatraman
    Education
    Prior to joining IDBI Mutual Fund, she had worked with B&K Securities, ASK Raymond James, Morgan Keegan and UTI Mutual Fund.
    Experience
    Funds Managed

    IDBI Hybrid Equity Fund Direct Dividend Details

    IDBI Hybrid Equity Fund Direct Dividend is a Hybrid Mutual Fund Scheme launched by IDBI Mutual Fund. This scheme was made available to investors on 18 Oct 2016. Raju Sharma, V Balasubramanian is the Current Fund Manager of IDBI Hybrid Equity Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹220 Cr and the Latest NAV as of 07 Aug 2020 is ₹11.73.

    The IDBI Hybrid Equity Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 12 months.

    Investment Objective

    The investment objective of the scheme would be to generate opportunities for capital appreciation along with income by investing in a diversified basket of equity and equity related instruments, debt and money market instruments.However, there can be no assurance that the investment objective of the scheme will be realized.

    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
    Exit load of 1% if redeemed within 12 months.
    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
    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,
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