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2 star

IDBI Nifty Junior Index Fund


Equity: Large Cap

1 Lakh

Investment Grown to
₹ 1.51 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.15 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 28.38 -0.92 -2.16 -0.47 3.60 11.89 37.13 14.66 13.21 11.69 15.81
S&P BSE 100 TRI 24.63 -0.01 -2.16 -3.00 2.87 11.75 34.46 17.53 17.16 11.93 15.28
Equity: Large Cap 24.15 -0.17 -2.21 -2.84 2.52 11.49 33.68 16.58 16.06 10.97 14.43
Rank within category 25 120 80 16 28 50 28 85 73 13 10
Number of funds in category 114 129 129 127 124 119 113 94 79 63 55

As on 29-Nov-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
IDBI Nifty Junior Index Fund
2 star
Sep-10 37.13 14.66 13.21 0.90% 56
Axis Bluechip Fund
5 star
Jan-10 28.67 19.51 19.62 1.64% 33,967
ICICI Prudential Bluechip Fund  | Invest Now
4 star
May-08 36.79 16.91 15.74 1.73% 31,082
Mirae Asset Large Cap Fund - Regular Plan  | Invest Online
5 star
Apr-08 33.04 16.91 17.02 1.59% 30,804
UTI Mastershare Fund - Regular Plan  | Invest Online
4 star
Oct-86 36.12 18.47 16.35 1.86% 9,726

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 12.60 24-Mar-2020 - 31-Mar-2020 -16.11 16-Mar-2020 - 23-Mar-2020
Month 25.34 23-Mar-2020 - 22-Apr-2020 -34.84 20-Feb-2020 - 23-Mar-2020
Quarter 38.99 24-Mar-2020 - 23-Jun-2020 -34.25 23-Dec-2019 - 23-Mar-2020
Year 84.28 23-Mar-2020 - 23-Mar-2021 -32.75 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 16.94 19.71 0.66 0.80 0.89 -2.18
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 91 15 86 80 17 85
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 (%) 32.44
Top 5 Stocks (%) 17.83
Top 3 Sectors (%) 41.98
Portfolio P/B Ratio 4.05
Portfolio P/E Ratio 31.42

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 76,202 2,96,890
Giant (%) 13.14 66.84
Large (%) 65.41 25.43
Mid (%) 21.45 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
down Avenue Supermarts Services 220.42 5.66 1.97 4.15
down Info Edge (India) Services 8.85 4.00 0.00 3.81
down Apollo Hospitals Healthcare 79.66 4.17 0.00 3.48
down Vedanta Metals 6.94 4.19 0.00 3.21
down Adani Enterprises Services 180.84 3.78 0.00 3.18
up ICICI Lombard General Insurance Company Insurance 56.02 3.98 1.16 3.07
down Godrej Consumer Products FMCG 53.03 4.50 2.55 2.94
down Adani Transmission Energy 159.39 3.09 0.00 2.92
down Pidilite Industries Chemicals 83.84 3.59 2.47 2.86
down Adani Green Energy Engineering 451.77 5.27 0.00 2.82
down Dabur India FMCG 58.31 4.42 2.75 2.77
down Havells India Engineering 69.87 2.92 1.90 2.57
down Piramal Enterprises Healthcare 48.77 3.54 1.75 2.57
down L&T Infotech Technology 55.99 2.47 0.00 2.47
down Ambuja Cements Construction 22.74 2.65 1.84 2.41
down Marico FMCG 58.18 2.97 2.07 2.38
down United Spirits FMCG 76.73 3.05 1.51 2.29
down Jubilant FoodWorks Services 114.53 2.55 0.00 2.29
down GAIL Energy 6.15 2.60 0.00 2.20
down DLF Construction 56.30 2.08 1.11 2.00
up Cholamandalam Investment & Finance Company Financial 28.06 1.97 0.00 1.97
up PI Industries Chemicals 56.64 1.98 0.00 1.96
down ICICI Prudential Life Insurance Co. Ltd. Insurance 134.30 2.41 1.34 1.95
down Lupin Healthcare -- 3.28 1.80 1.80
down Indus Towers Communication 14.23 2.52 0.00 1.78

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:


-0.92%

Change from previous, NAV as on 29-Nov-2021

Growth: ₹ 31.1563

IDCW: ₹ 31.1563


Investment Strategy

The scheme seeks to invest only in and all the stocks comprising the Nifty Next 50 Index in the same weights of these stocks as in the Index with the objective to replicate the performance of the Total Returns Index of Nifty Next 50 Index.

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: 20-Sep-2010
Return Since Launch: 10.68%
Benchmark: NIFTY Next 50 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 56 Cr (As on 31-Oct-2021)
Expense: 0.90% (As on 31-Oct-2021)
Risk Grade: Above Average
Return Grade: Low
Turnover: 37.00%

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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