Fund Details
IDFC Nifty Direct Plan Dividend
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.16% |
| NAV | ₹28.06 (14 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹264 Cr |
Returns
Comparison
1. Lower expense ratio - 0.15%
2. Exit load is zero
3. 1Y Returns are higher than the category average returns
4. 3Y Returns are higher than the category average returns
5. 5Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 11.1% |
| Reliance Industries Ltd. | Energy | Equity | 11.1% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 7.2% |
| Infosys Ltd. | Technology | Equity | 7.2% |
| ICICI Bank Ltd. | Financial | Equity | 5.8% |
| Tata Consultancy Services Ltd. | Technology | Equity | 5.0% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 5.0% |
| Hindustan Unilever Ltd. | FMCG | Equity | 3.4% |
| ITC Ltd. | FMCG | Equity | 3.0% |
| Axis Bank Ltd. | Financial | Equity | 2.6% |
Fund Managers
IDFC Nifty Direct Plan Dividend Details
IDFC Nifty Direct Plan Dividend is a Others Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Sumit Agrawal, Arpit Kapoor is the Current Fund Manager of IDFC Nifty Direct Plan Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹264 Cr and the Latest NAV as of 14 Jan 2021 is ₹28.06.
The IDFC Nifty Direct Plan Dividend is rated Moderately High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 5000.
Investment Objective
The scheme seeks to replicate the Nifty 50 Index by investing in securities of the Nifty 50 in the same proportion.
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.
