| Launch date | 17 Jan 2024 |
| Allotment date | 24 Jan 2024 |
| End date | 19 Jan 2024 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 1.19%
Inclusive of GST
Exit load
Exit load of 1%, if redeemed within 365 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹2,500 |
Fund house & investment objective
| Rank (total assets) | NA |
|---|---|
| Total AUM | ₹468.43Cr |
| Date of Incorporation | 01 Sep 2023 |
|---|
Old Bridge Focused Equity Fund Direct Growth is a Equity Mutual Fund Scheme launched by Old Bridge Mutual Fund. This scheme was made available to investors on 01 Sep 2023. The fund currently has an Asset Under Management(AUM) of ₹468 Cr and the Latest NAV as of 16 Jan 2025 is ₹11.32. The Old Bridge Focused Equity Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹2,500. Minimum Lumpsum Investment is ₹5,000. Exit load of 1%, if redeemed within 365 days. ;
Investment Objective
The scheme seeks to generate long-term capital appreciation by investing in equity and equity related instruments of up to 30 companies across market capitalization (i.e. Mid cap, Small cap, Large cap). ;
| Fund benchmark | BSE 500 Total Return Index |
|---|
Fund house contact details
Peer Comparison
| Equity, Flexi Cap funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
JM Flexicap Fund Direct Plan Growth | 5 | 25.2% | 23.1% | 5,338.35 |
HDFC Flexi Cap Direct Plan Growth | 4 | 18.0% | 21.1% | 66,344.40 |
Parag Parikh Flexi Cap Fund Direct Growth | 5 | 19.7% | 16.3% | 87,539.41 |
Franklin India Flexi Cap Fund Direct Growth | 4 | 14.4% | 15.8% | 17,946.77 |
Union Flexi Cap Fund Direct Growth | 4 | 8.8% | 11.8% | 2,299.14 |