Fund Details
IDBI Small Cap Fund Direct Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.54% |
| NAV | ₹11.85 (20 Jan 2021) |
|---|---|
| Fund Started | 21 Jun 2017 |
| Fund Size | ₹119 Cr |
Returns
Comparison
1. Lower expense ratio - 1.53%
2. 3Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 100 Crs. Watch expense ratio when AUM is very low
2. Age is less than 5 years
3. Risk-adjusted returns are lower compared to the category
4. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Navin Fluorine International Ltd. | Chemicals | Equity | 3.4% |
| Can Fin Homes Ltd. | Financial | Equity | 3.2% |
| Tube Investments Of India Ltd. | Automobile | Equity | 3.1% |
| JK Cement Ltd | Construction | Equity | 3.1% |
| Dixon Technologies (India) Ltd. | Engineering | Equity | 2.9% |
| Hatsun Agro Products Ltd. | FMCG | Equity | 2.8% |
| Galaxy Surfactants Ltd. | FMCG | Equity | 2.8% |
| Fine Organic Industries Ltd. | Chemicals | Equity | 2.5% |
| Blue Star Ltd. | Cons Durable | Equity | 2.5% |
| NIIT Ltd. | Technology | Equity | 2.5% |
Fund Managers
IDBI Small Cap Fund Direct Growth Details
IDBI Small Cap Fund Direct Growth is a Equity Mutual Fund Scheme launched by IDBI Mutual Fund. This scheme was made available to investors on 21 Jun 2017. Uma Venkatraman is the Current Fund Manager of IDBI Small Cap Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹119 Cr and the Latest NAV as of 20 Jan 2021 is ₹11.85.
The IDBI Small Cap Fund Direct Growth 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.
Investment Objective
The scheme seeks to provide investors with the opportunities for long-term capital appreciation by investing predominantly in Equity and Equity related instruments of Small-cap Companies.
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.
