IDBI Small Cap Fund Direct Dividend is a Equity Mutual Fund Scheme launched by IDBI Mutual Fund. This scheme was introduced to investors on 21 Jun 2017. Uma Venkatraman is the Current Fund Manager of IDBI Small Cap Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹131 Cr and the Latest NAV as of 23 Jan 2020 is ₹10.07.
The IDBI Small Cap Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 200000. Exit load of 1% if redeemed within 12 months..
The objective of the scheme is to provide investors with the opportunities for long-term capital appreciation by investing predominantly in Equity and Equity related instruments of Smallcap Companies. However there can be no assurance that the investment objective under 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.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit load of 1% if redeemed within 12 months.