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2 star

IDBI Nifty Junior Index Fund


Equity: Large Cap

1 Lakh

Investment Grown to
₹ 1.66 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.49 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 36.67 0.85 2.80 3.63 14.60 30.65 61.96 18.52 13.25 14.22 15.60
S&P BSE 100 TRI 33.71 0.92 3.21 5.59 15.83 28.03 57.40 21.87 17.54 14.48 15.29
Equity: Large Cap 33.02 0.92 2.93 5.08 15.20 27.81 56.58 20.68 16.33 13.53 14.50
Rank within category 28 97 91 106 95 19 26 86 74 11 13
Number of funds in category 117 130 129 127 125 121 115 94 79 64 56

As on 14-Oct-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 61.96 18.52 13.25 0.90 57
Axis Bluechip Fund
5 star
Jan-10 51.84 24.10 19.26 1.58 33,154
ICICI Prudential Bluechip Fund  | Invest Now
4 star
May-08 58.61 20.04 16.13 1.71 30,724
Mirae Asset Large Cap Fund - Regular Plan  | Invest Online
5 star
Apr-08 54.47 21.67 17.57 1.60 30,456
UTI Mastershare Fund - Regular Plan  | Invest Online
4 star
Oct-86 57.44 22.16 16.15 1.96 9,536

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 16.31 19.81 0.62 0.75 0.88 -1.37
S&P BSE 100 TRI 19.55 21.62 0.72 0.85 -- --
Equity: Large Cap 18.60 21.00 0.71 0.83 0.95 -0.17
Rank within category 90 16 88 78 14 83
Number of funds in category 96 96 96 96 96 96

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

As on 30-Sep-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 50
Top 10 Stocks (%) 32.66
Top 5 Stocks (%) 17.89
Top 3 Sectors (%) 42.46
Portfolio P/B Ratio 4.17
Portfolio P/E Ratio 33.10

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 76,255 2,96,665
Giant (%) 12.48 66.24
Large (%) 64.16 25.73
Mid (%) 23.36 10.33
Small (%) -- 2.10
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 Info Edge (India) Services 61.35 4.00 0.00 4.00
down Avenue Supermarts Services 298.97 5.66 1.97 3.77
down Apollo Hospitals Healthcare 73.53 4.17 0.00 3.63
down Adani Enterprises Services 155.49 3.78 0.00 3.25
up ICICI Lombard General Insurance Company Insurance 60.79 3.98 1.16 3.24
down Godrej Consumer Products FMCG 61.17 4.50 2.55 3.14
up Vedanta Metals 8.35 4.19 0.00 3.02
down Pidilite Industries Chemicals 95.18 3.59 2.30 2.93
down Dabur India FMCG 60.84 4.42 2.75 2.90
down Adani Green Energy Engineering 487.88 5.27 0.00 2.78
down Havells India Engineering 75.91 2.92 1.90 2.77
down Adani Transmission Energy 151.95 3.09 0.00 2.55
down Piramal Enterprises Healthcare 49.20 3.54 1.75 2.54
down Jubilant FoodWorks Services 155.14 2.55 0.00 2.49
down Ambuja Cements Construction 25.53 2.65 1.84 2.37
down GAIL Energy 9.33 2.60 0.00 2.33
down Marico FMCG 65.32 2.97 2.07 2.28
down L&T Infotech Technology 52.99 2.12 0.00 2.12
down ICICI Prudential Life Insurance Co. Ltd. Insurance 193.53 2.41 1.34 2.10
down DLF Construction 71.71 2.08 1.11 2.08
down United Spirits FMCG 95.14 3.05 1.51 2.05
down Indus Towers Communication 18.39 2.52 0.00 2.01
new PI Industries Chemicals 64.41 1.98 0.00 1.98
down Lupin Healthcare 26.00 3.38 1.84 1.84
down Colgate-Palmolive FMCG 42.72 2.97 1.79 1.79

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 30-Sep-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:


0.85%

Change from previous, NAV as on 14-Oct-2021

Growth: ₹ 33.1690

IDCW: ₹ 33.1690


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: 11.44%
Benchmark: NIFTY Next 50 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 57 Cr (As on 30-Sep-2021)
Expense: 0.90% (As on 31-Aug-2021)
Risk Grade: Above Average
Return Grade: Low
Turnover: 45.00%

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

Last Session

Investors' Hangout

Webinar: All about MF Central

DateThursday, 14-Oct-2021
Time12:30 PM - 01:00 PM

Registration Over