IDFC Hybrid Equity Fund Direct Dividend is a Hybrid Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was introduced to investors on 30 Dec 2016. Anoop Bhaskar, Suyash Choudhary, Anurag Mittal is the Current Fund Manager of IDFC Hybrid Equity Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹756 Cr and the Latest NAV as of 22 Oct 2019 is ₹10.86.
The IDFC Hybrid Equity Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is 1000. 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 along with current income by investing in a mix of equity and equity related securities, 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.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit load of 1% if units in excess of 10% are redeemed or switched-out within 12 months.