IDFC Dynamic Equity Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was introduced to investors on 10 Oct 2014. Sumit Agrawal, Arpit Kapoor, Arvind Subramanian is the Current Fund Manager of IDFC Dynamic Equity Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹997 Cr and the Latest NAV as of 18 Nov 2019 is ₹14.87.
The IDFC Dynamic Equity Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. For units in excess of 10% of the investment,1% will be charged for redemption within 1 year.
The primary objective of the scheme is to seek to generate long term capital appreciation with relatively lower volatility through systematic allocation of funds into equity and equity related instruments; and for defensive purposes in equity derivatives. The secondary objective of the scheme will be to generate income and capital appreciation through investment in Debt & 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
For units in excess of 10% of the investment,1% will be charged for redemption within 1 year