Fund Details
IDBI Hybrid Equity Fund Direct Dividend
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.71% |
| NAV | ₹14.31 (03 Mar 2021) |
|---|---|
| Fund Started | 18 Oct 2016 |
| Fund Size | ₹202 Cr |
Returns
Comparison
Found nothing so far.
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Higher expense ratio - 1.74%
3. 3Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Bank Of Baroda | Financial | Debenture | 9.7% |
| Punjab National Bank | Financial | Bonds | 5.1% |
| HDFC Bank Ltd. | Financial | Equity | 4.8% |
| Reliance Industries Ltd. | Energy | Equity | 3.6% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.5% |
| Tata Consultancy Services Ltd. | Technology | Equity | 3.0% |
| ICICI Bank Ltd. | Financial | Equity | 3.0% |
| Supreme Industries Ltd. | Chemicals | Equity | 2.7% |
| Axis Bank Ltd. | Financial | Bonds | 2.6% |
| Atul Ltd. | Chemicals | Equity | 2.5% |
Fund Managers
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 ₹202 Cr and the Latest NAV as of 03 Mar 2021 is ₹14.31.
The IDBI Hybrid Equity Fund Direct Dividend is rated Very 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 scheme seeks to generate long-term capital appreciation and current income from a portfolio constituted of equity and equity related securities as well as fixed income securities (debt and money market securities).
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.
