| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 2.59% |
| NAV | ₹11.01 (07 Aug 2020) |
|---|---|
| Fund Started | 18 Oct 2016 |
| Fund Size | ₹220 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Bank Of Baroda | Financial | Debenture | 10.1% |
| Housing & Urban Development Corpn. Ltd. | Financial | Debenture | 8.6% |
| Punjab National Bank | Financial | Bonds | 4.5% |
| HDFC Bank Ltd. | Financial | Equity | 3.4% |
| Reliance Industries Ltd. | Energy | Equity | 3.1% |
| Aarti Industries Ltd. | Chemicals | Equity | 2.6% |
| Hindustan Unilever Ltd. | FMCG | Equity | 2.5% |
| Sanofi India Ltd. | Healthcare | Equity | 2.4% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 2.4% |
| Axis Bank Ltd. | Financial | Bonds | 2.3% |
IDBI Hybrid Equity Fund Regular 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 Regular Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹220 Cr and the Latest NAV as of 07 Aug 2020 is ₹11.01.
The IDBI Hybrid Equity Fund Regular 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.
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.
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.