IDFC Infrastructure Direct Plan Dividend is a Equity Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Rajendra Kumar Mishra is the Current Fund Manager of IDFC Infrastructure Direct Plan Dividend.The fund currently has an Asset Under Management(AUM) of ₹832 Cr and the Latest NAV as of 23 Oct 2019 is ₹14.91.
The IDFC Infrastructure Direct Plan Dividend is rated High risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 365 days..
The investment objective of the scheme is to seek to generate long-term capital growth through an active diversified portfolio of predominantly equity and equity related instruments of companies that are participating in and benefiting from growth in Indian infrastructure and infrastructural related activities. However there can be no assurance that the objectives of the scheme will be realized.
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 redeemed within 365 days.