|Min SIP Amount||₹500|
|NAV||₹13.70 (16 Apr 2021)|
|Fund Started||18 Oct 2016|
|Fund Size||₹201 Cr|
IDBI Hybrid Equity Fund Regular Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹201 Cr and the Latest NAV as of 16 Apr 2021 is ₹13.70.
The IDBI Hybrid Equity Fund Regular Growth 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.
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).
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.