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3 star

IDBI Nifty Index Fund


Equity: Large Cap

1 Lakh

Investment Grown to
₹ 1.55 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.03 Lakh

Suitability:

"When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns of fixed income options. But be prepared for ups and downs in your investment value along the way.

This is a fund that invests in big companies. Compared to those that invest in smaller companies, such funds tend to fall less when stock prices fall. Therefore, they are more suited to conservative equity investors.

Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other large-cap fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 20.93 -0.42 -2.97 -3.89 -0.83 9.25 30.01 15.83 15.17 9.76 13.05
S&P BSE 100 TRI 24.25 -0.31 -3.08 -3.30 -0.05 10.25 33.95 17.36 16.84 11.88 15.19
Equity: Large Cap 23.86 -0.23 -3.14 -3.06 -0.31 10.16 33.26 16.42 15.78 10.94 14.35
Rank within category 88 121 66 109 98 100 95 72 56 59 52
Number of funds in category 117 132 132 130 127 122 116 96 81 64 56

As on 30-Nov-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
IDBI Nifty Index Fund
3 star
Jun-10 30.01 15.83 15.17 0.90% 221
Axis Bluechip Fund
5 star
Jan-10 28.58 19.32 19.34 1.64% 33,967
ICICI Prudential Bluechip Fund  | Invest Now
4 star
May-08 36.29 16.77 15.43 1.73% 31,082
Mirae Asset Large Cap Fund - Regular Plan  | Invest Online
5 star
Apr-08 32.86 16.86 16.73 1.59% 30,804
UTI Mastershare Fund - Regular Plan  | Invest Online
4 star
Oct-86 36.03 18.38 16.15 1.86% 9,726

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 10.55 26-May-2020 - 02-Jun-2020 -19.11 11-Mar-2020 - 18-Mar-2020
Month 20.54 23-Mar-2020 - 22-Apr-2020 -36.93 20-Feb-2020 - 23-Mar-2020
Quarter 35.16 23-Mar-2020 - 22-Jun-2020 -37.95 23-Dec-2019 - 23-Mar-2020
Year 94.18 23-Mar-2020 - 23-Mar-2021 -33.40 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 20.06 21.51 0.75 0.88 1.01 -1.11
S&P BSE 100 TRI 21.06 21.35 0.81 0.94 -- --
Equity: Large Cap 19.45 21.48 0.77 0.89 0.95 -0.78
Rank within category 62 62 72 65 73 74
Number of funds in category 97 97 97 97 97 97

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Oct-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 50
Top 10 Stocks (%) 58.08
Top 5 Stocks (%) 41.55
Top 3 Sectors (%) 67.59
Portfolio P/B Ratio 3.64
Portfolio P/E Ratio 26.68

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 4,15,178 2,96,890
Giant (%) 85.79 66.84
Large (%) 14.21 25.43
Mid (%) -- 10.09
Small (%) -- 1.89
Tiny (%) -- --

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up Reliance Industries Energy 31.15 14.89 8.77 10.64
up HDFC Bank Financial 24.18 11.26 8.99 8.99
up Infosys Technology 34.52 8.74 5.12 8.03
up ICICI Bank Financial 23.36 7.22 4.78 7.22
up HDFC Financial 23.44 8.41 6.41 6.67
up Tata Consultancy Services Technology 35.72 5.56 4.33 4.57
up Kotak Mahindra Bank Financial 38.97 4.99 3.46 3.87
up Larsen & Toubro Construction 28.31 4.08 2.26 2.77
up Hindustan Unilever FMCG 64.84 4.57 2.60 2.77
up Bajaj Finance Financial 84.81 2.69 1.29 2.55
up ITC FMCG 19.11 5.64 2.48 2.53
up State Bank of India Financial 14.35 2.87 1.44 2.50
up Axis Bank Financial 20.15 3.42 2.07 2.48
up Bharti Airtel Communication 141.51 3.09 0.93 2.10
up Asian Paints Chemicals 92.66 2.09 1.27 1.81
up HCL Technologies Technology 26.80 1.82 1.20 1.61
up Bajaj Finserv Financial 64.89 1.40 0.67 1.40
up Tata Steel Metals 4.20 1.63 0.55 1.34
up Maruti Suzuki India Automobile 50.83 2.35 1.22 1.29
up Titan Company Consumer Durable 120.62 1.29 0.89 1.29
up Wipro Technology 28.82 1.27 0.69 1.24
up Tech Mahindra Technology 29.42 1.21 0.77 1.19
up Ultratech Cement Construction 33.45 1.28 0.84 1.14
up Tata Motors Automobile -- 1.13 0.35 1.13
up Sun Pharmaceutical Industries Healthcare 29.00 1.28 0.87 1.11

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Oct-2021

Fund Manager

— Firdaus Marazban Ragina since 10-Oct-2018

Education: Mr. Ragina has a B.Com degree

Experience: Prior to joining IDBI Mutual Fund, he has worked with IL&FS Broking Services, Avendus Securities, IL&FS Investsmart, UTI Securities and RefcoSify Securities.

Funds Managed:


-0.42%

Change from previous, NAV as on 30-Nov-2021

Growth: ₹ 31.1423

IDCW: ₹ 29.7152


Investment Strategy

The scheme will invest in the stocks comprising the Nifty 50 Index in the same weights as these stocks represented in the index with the intent to replicate the performance of the Total Returns Index of S&P CNX Nifty.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 5,000
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: IDBI Mutual Fund
Launch Date: 25-Jun-2010
Return Since Launch: 10.44%
Benchmark: NIFTY 50 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 221 Cr (As on 31-Oct-2021)
Expense: 0.90% (As on 31-Oct-2021)
Risk Grade: Above Average
Return Grade: Average
Turnover: 14.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW15-Oct-20100.4000

 31-Aug-20100.1200

Contact Information

AMC: IDBI Asset Management Ltd.

Address: 4th Floor, IDBI Tower, WTC Complex, Cuffe Parade, Colaba, Mumbai - 400005

Phone: 022-66442800 / 1800-419-4324

Fax: 022-66442801

Email: [email protected]

Website: http://www.idbimutual.co.in

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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