Fund Details
IDFC Equity Savings Fund Regular Dividend
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 2.35% |
| NAV | ₹13.68 (05 Mar 2021) |
|---|---|
| Fund Started | 09 Jun 2008 |
| Fund Size | ₹53 Cr |
Returns
Comparison
1. Age is more than 10 years
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Higher expense ratio - 2.35%
3. 1Y Returns are lower than the category average returns
4. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Debenture | 9.9% |
| IDFC Nifty ETF-Growth | Financial | Mutual Fund | 8.7% |
| Reliance Industries Ltd. | Energy | Equity | 6.6% |
| Reserve Bank of India | Financial | T-Bills | 5.6% |
| Tata Consultancy Services Ltd. | Technology | Equity | 5.5% |
| Bharti Airtel Ltd. | Communication | Equity | 5.1% |
| Sun Pharmaceutical Inds. Ltd. | Healthcare | Equity | 5.0% |
| Adani Ports and Special Economic Zone Ltd. | Services | Equity | 4.8% |
| Reserve Bank of India | Financial | T-Bills | 3.8% |
| Aurobindo Pharma Ltd. | Healthcare | Equity | 3.1% |
Fund Managers
IDFC Equity Savings Fund Regular Dividend Details
IDFC Equity Savings Fund Regular Dividend 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 Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹53 Cr and the Latest NAV as of 05 Mar 2021 is ₹13.68.
The IDFC Equity Savings Fund Regular Dividend 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
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.
