Fund Details
IDBI Hybrid Equity Fund Direct IDCW
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.72% |
| NAV | ₹13.72 (06 May 2021) |
|---|---|
| Fund Started | 18 Oct 2016 |
| Fund Size | ₹201 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 - 1.72%
3. 3Y Returns are lower than the category average returns
4. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Atul Ltd. | Chemicals | Equity | 2.1% |
| Bajaj Finance Ltd. | Financial | Equity | 2.0% |
| Asian Paints Ltd. | Chemicals | Equity | 1.5% |
| ACC Ltd. | Construction | Equity | 1.4% |
| Aarti Industries Ltd. | Chemicals | Equity | 1.3% |
| Johnson Controls - Hitachi Air Conditioning India Ltd. | Cons Durable | Equity | 1.3% |
Fund Managers
IDBI Hybrid Equity Fund Direct IDCW Details
IDBI Hybrid Equity Fund Direct IDCW 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 IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹201 Cr and the Latest NAV as of 06 May 2021 is ₹13.72.
The IDBI Hybrid Equity Fund Direct IDCW 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.
