IDFC Core Equity Fund Direct Growth is a Equity Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Anoop Bhaskar is the Current Fund Manager of IDFC Core Equity Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹2,781 Cr and the Latest NAV as of 20 Jan 2020 is ₹51.20.
The IDFC Core Equity Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 365 days.
Investment Objective
The investment objective of the scheme is to seek to generate long-term capital growth from a diversified portfolio of predominantly 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.
Scheme Information Document(SID)
₹5000
Min for First Investment
₹1000
Min for Second Investment
Exit load of 1% if redeemed within 365 days
Exit Load