IDFC India GDP Growth Fund IDCW

IDFC India GDP Growth Fund IDCW is a Equity Mutual Fund Scheme launched by Bandhan Mutual Fund. This scheme was made available to investors on 20 Dec 1999. The fund currently has an Asset Under Management(AUM) of ₹1,82,347 Cr and the Latest NAV as of 08 Nov 2013 is ₹13.27. The IDFC India GDP Growth Fund IDCW is rated NA risk. Minimum SIP Investment is set to ₹1,000. Exit load of 1% if redeemed within 1 year. Same for SIP. ;

Investment Objective

The scheme seeks to invest the assets in the sectors representing the three components of India's GDP viz., Agriculture, Services and Industry. The allocation to these levels of GDP will be in the same proportion as their contribution to the overall India's GDP, and will normally be revised on a semi-annual basis, or whenever the GDP growth estimates are revised. ;