| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 1.17% |
| NAV | ₹11.35 (28 Oct 2020) |
|---|---|
| Fund Started | 30 Dec 2016 |
| Fund Size | ₹519 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Infosys Ltd. | Technology | Equity | 5.2% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 4.9% |
| GOI | Sovereign | GOI Sec | 4.1% |
| Deepak Nitrite Ltd. | Chemicals | Equity | 3.9% |
| ICICI Bank Ltd. | Financial | Equity | 3.7% |
| Tata Consumer Products Ltd. | FMCG | Equity | 3.7% |
| HDFC Bank Ltd. | Financial | Equity | 3.6% |
| GOI | Sovereign | GOI Sec | 3.1% |
| Nestle India Ltd. | FMCG | Equity | 3.0% |
| Laurus Labs Ltd. | Healthcare | Equity | 3.0% |
IDFC Hybrid Equity Fund Direct Dividend is a Hybrid Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was made available to investors on 30 Dec 2016. Anoop Bhaskar, Suyash Choudhary, Anurag Mittal is the Current Fund Manager of IDFC Hybrid Equity Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹519 Cr and the Latest NAV as of 28 Oct 2020 is ₹11.35.
The IDFC Hybrid Equity Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 5000. Exit load of 1% if units in excess of 10% are redeemed or switched-out within 12 months.
The Fund seeks to generate long term capital appreciation by investing predominantly in equity and equity related instruments. The Fund also seeks to generate current income by investing in debt securities 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.