Fund Details
IDFC Equity Savings Fund Direct IDCW Yearly
| Risk | Moderate |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 1.27% |
| NAV | ₹12.43 (12 May 2021) |
|---|---|
| Fund Started | 12 Nov 2015 |
| Fund Size | ₹53 Cr |
Returns
Comparison
1. 3Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. 5Y Returns are lower than the category average returns
3. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Debenture | 9.8% |
| IDFC Nifty ETF-Growth | Financial | Mutual Fund | 8.6% |
| Adani Ports and Special Economic Zone Ltd. | Services | Equity | 6.6% |
| Tata Consultancy Services Ltd. | Technology | Equity | 5.6% |
| Reserve Bank of India | Financial | T-Bills | 5.6% |
| Bharti Airtel Ltd. | Communication | Equity | 4.7% |
| Reserve Bank of India | Financial | T-Bills | 3.7% |
| Sun Pharmaceutical Inds. Ltd. | Healthcare | Equity | 3.6% |
| Aurobindo Pharma Ltd. | Healthcare | Equity | 3.0% |
| Larsen & Toubro Ltd. | Construction | Equity | 2.6% |
Fund Managers
IDFC Equity Savings Fund Direct IDCW Yearly Details
IDFC Equity Savings Fund Direct IDCW Yearly is a Hybrid Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was made available to investors on 12 Nov 2015. Yogik Pitti, Harshal Joshi, Arpit Kapoor is the Current Fund Manager of IDFC Equity Savings Fund Direct IDCW Yearly fund.The fund currently has an Asset Under Management(AUM) of ₹53 Cr and the Latest NAV as of 12 May 2021 is ₹12.43.
The IDFC Equity Savings Fund Direct IDCW Yearly is rated Moderate risk. Minimum SIP Investment is set to 1000. For more than 10% of investments 1% will be charged if redeemed within 1 year
Investment Objective
The scheme seeks to generate income by predominantly investing in arbitrage opportunities in the cash and derivatives segments of the equity markets along with debt and money market instruments and to generate long-term capital appreciation by investing a portion of the Schemes assets in equity and equity related instruments.
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.
