Fund Details
IDFC Hybrid Equity Fund Direct Dividend
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 1.18% |
| NAV | ₹13.00 (27 Jan 2021) |
|---|---|
| Fund Started | 30 Dec 2016 |
| Fund Size | ₹520 Cr |
Returns
Comparison
1. 1Y 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. Risk-adjusted returns are lower compared to the category
3. 3Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 6.6% |
| Infosys Ltd. | Technology | Equity | 6.5% |
| HDFC Bank Ltd. | Financial | Equity | 5.2% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 4.9% |
| GOI | Sovereign | GOI Sec | 4.2% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.8% |
| Tata Consumer Products Ltd. | FMCG | Equity | 3.8% |
| Laurus Labs Ltd. | Healthcare | Equity | 3.5% |
| HCL Technologies Ltd. | Technology | Equity | 3.3% |
| Deepak Nitrite Ltd. | Chemicals | Equity | 2.9% |
Fund Managers
IDFC Hybrid Equity Fund Direct Dividend Details
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 ₹520 Cr and the Latest NAV as of 27 Jan 2021 is ₹13.00.
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.
Investment Objective
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.
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.
