| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 2.48% |
| NAV | ₹21.17 (11 Aug 2020) |
|---|---|
| Fund Started | 09 Jun 2008 |
| Fund Size | ₹51 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Debenture | 10.3% |
| Reliance Industries Ltd. | Energy | Equity | 7.7% |
| Bharti Airtel Ltd. | Communication | Equity | 6.8% |
| HDFC Bank Ltd. | Financial | Fixed Deposits | 5.9% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 4.3% |
| ITC Ltd. | FMCG | Equity | 4.2% |
| Housing Development Finance Corpn. Ltd. | Financial | NCD | 4.0% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.9% |
| Aurobindo Pharma Ltd. | Healthcare | Equity | 3.4% |
| Tata Consultancy Services Ltd. | Technology | Equity | 3.3% |
IDFC Equity Savings Fund Regular Growth is a Hybrid Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was made available to investors on 09 Jun 2008. Yogik Pitti, Harshal Joshi, Arpit Kapoor is the Current Fund Manager of IDFC Equity Savings Fund Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹51 Cr and the Latest NAV as of 11 Aug 2020 is ₹21.17.
The IDFC Equity Savings Fund Regular Growth is rated Moderately High 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 investment objective of the Scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and the derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market 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.