|Min SIP Amount||₹100|
|NAV||₹24.08 (27 Jan 2021)|
|Fund Started||01 Jan 2014|
|Fund Size||₹52 Cr|
|Reliance Industries Ltd.||Energy||Debenture||10.1%|
|IDFC Nifty ETF-Growth||Financial||Mutual Fund||8.3%|
|Reliance Industries Ltd.||Energy||Equity||7.2%|
|Sun Pharmaceutical Inds. Ltd.||Healthcare||Equity||5.7%|
|Reserve Bank of India||Financial||T-Bills||5.7%|
|Bharti Airtel Ltd.||Communication||Equity||4.8%|
|Adani Ports and Special Economic Zone Ltd.||Services||Equity||4.6%|
|Reserve Bank of India||Financial||T-Bills||3.8%|
|Tata Consultancy Services Ltd.||Technology||Equity||3.5%|
|Aurobindo Pharma Ltd.||Healthcare||Equity||3.2%|
IDFC Equity Savings Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was made available to investors on 01 Jan 2014. Yogik Pitti, Harshal Joshi, Arpit Kapoor is the Current Fund Manager of IDFC Equity Savings Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹52 Cr and the Latest NAV as of 27 Jan 2021 is ₹24.08.
The IDFC Equity Savings Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 5000. For more than 10% of investments 1% will be charged if redeemed within 1 year
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.
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.