|Min SIP Amount||₹100|
|NAV||₹17.51 (20 Jan 2021)|
|Fund Started||10 Oct 2014|
|Fund Size||₹1,325 Cr|
|Reliance Industries Ltd.||Energy||Equity||5.7%|
|ICICI Bank Ltd.||Financial||Equity||4.5%|
|Reserve Bank of India||Financial||T-Bills||4.2%|
|HDFC Bank Ltd.||Financial||Equity||3.8%|
|Reliance Industries Ltd.||Energy||Debenture||3.4%|
|Bharti Airtel Ltd.||Communication||Equity||2.8%|
|Tata Consultancy Services Ltd.||Technology||Equity||2.2%|
IDFC Dynamic Equity Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was made available to investors on 10 Oct 2014. Sumit Agrawal, Arpit Kapoor, Arvind Subramanian is the Current Fund Manager of IDFC Dynamic Equity Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,325 Cr and the Latest NAV as of 20 Jan 2021 is ₹17.51.
The IDFC Dynamic Equity Fund Direct Growth is rated High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 5000. For units in excess of 10% of the investment,1% will be charged for redemption within 1 year
The scheme seeks 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.
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.