IDFC Infrastructure Direct Plan Dividend is a Equity Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Rajendra Kumar Mishra is the Current Fund Manager of IDFC Infrastructure Direct Plan Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹480 Cr and the Latest NAV as of 29 May 2020 is ₹11.12.
The IDFC Infrastructure Direct Plan Dividend is rated High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 5000. If unit beyond 10%, Exit load of 1% if redeemed within 1 year.
Investment Objective
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.
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
If unit beyond 10%, Exit load of 1% if redeemed within 1 year.
Exit Load