IDFC Multi Cap Fund Direct Dividend is a Equity Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Anoop Bhaskar is the Current Fund Manager of IDFC Multi Cap Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹4,498 Cr and the Latest NAV as of 03 Jun 2020 is ₹27.06.
The IDFC Multi Cap Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 10000. If unit beyond 10%, Exit load of 1% if redeemed within 1 year.
Investment Objective
To generate long-term capital growth from an actively managed portfolio of predominantly equity and equity related instruments. The Scheme portfolio would acquire, inter alia, small and medium size businesses with good long term potential, which are available at cheap valuations. Such securities would be identified through disciplined fundamental research keeping in view medium to long-term trends in the business environment.
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)
₹10000
Min for First Investment
₹1000
Min for Second Investment
If unit beyond 10%, Exit load of 1% if redeemed within 1 year.
Exit Load