| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.15% |
| NAV | ₹21.51 (07 Aug 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹208 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 12.4% |
| HDFC Bank Ltd. | Financial | Equity | 10.5% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 7.0% |
| Infosys Ltd. | Technology | Equity | 6.1% |
| ICICI Bank Ltd. | Financial | Equity | 5.2% |
| Tata Consultancy Services Ltd. | Technology | Equity | 5.0% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 4.5% |
| Hindustan Unilever Ltd. | FMCG | Equity | 4.4% |
| ITC Ltd. | FMCG | Equity | 3.9% |
| Bharti Airtel Ltd. | Communication | Equity | 3.1% |
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 ₹208 Cr and the Latest NAV as of 07 Aug 2020 is ₹21.51.
The IDFC Nifty Direct Plan Dividend is rated Moderately High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 5000.
The investment objective of the scheme is to replicate the S&P CNX Nifty index by investing in securities of the S&P CNX Nifty Index in the same proportion/weightage. Howerver, there is no assurance or guarantee that the objective of the scheme will be realised and the scheme does not assure or guarantee any returns.
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.