IDBI Hybrid Equity Fund Direct Dividend-0.03%

2Groww
-9.39%
1 Year Return
Hybrid
Aggressive
2.0 star
6M
1Y
All

Fund Details

IDBI Hybrid Equity Fund Direct Dividend

RiskModerately High
Min SIP Amount₹500
Expense Ratio0.95%
NAV10.9 (16 Aug 2019)
Fund Started18 Oct 2016
Fund Size297 Cr

Returns

1Y
3Y*
5Y*
Since inception*
IDBI Hybrid Equity Fund Direct Dividend
-9.4%
NA
NA
5.0%
Category Average
-3.5%
6.3%
9.1%
-
Rank within category
34
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    Estimated Value
    as per Historical Returns
    30
    with -9.4% annual returns

    Comparison

    Data not available
    Pros
    Found nothing so far.
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Age is less than 3 years
    3. Risk-adjusted returns are lower compared to the category
    4. Risk is higher compared to the benchmark
    5. 1Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    Bank Of BarodaFinancialDebenture7.3%
    Reliance Industries Ltd.EnergyNCD6.2%
    National Thermal Power Corp. Ltd.EnergyNCD6.0%
    Housing & Urban Development Corpn. Ltd.FinancialDebenture5.9%
    HDFC Bank Ltd.FinancialEquity5.7%
    Nestle India Ltd.FMCGEquity3.9%
    Hindustan Unilever Ltd.FMCGEquity3.5%
    Housing Development Finance Corpn. Ltd.FinancialEquity3.4%
    Aarti Industries Ltd.ChemicalsEquity3.4%
    Punjab National BankFinancialBonds3.3%
    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

    Other Details

    IDBI Hybrid Equity Fund Direct Dividend is a Hybrid Mutual Fund Scheme launched by IDBI Mutual Fund. This scheme was introduced to investors on 18 Oct 2016. Raju Sharma, V Balasubramanian is the Current Fund Manager of IDBI Hybrid Equity Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹297 Cr and the Latest NAV as of 16 Aug 2019 is ₹10.9.

    The IDBI Hybrid Equity Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is 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
    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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    Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
    Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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