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IDBI Nifty Junior Index Fund


1 Lakh

Investment declined to
₹ 0.93 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.21 Lakh

Analyst's Choice?

Suitability:

When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than 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 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 paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 -12.35 0.58 7.11 2.56 -7.95 -12.52 -11.68 -2.30 4.98 9.84 --
S&P BSE 100 TRI -16.53 0.79 8.00 2.15 -10.71 -15.33 -15.65 1.95 5.71 9.41 --
Equity: Large Cap -15.68 0.72 7.39 1.97 -10.53 -14.78 -14.76 1.58 4.94 9.16 --
Rank within category 16 99 87 24 12 23 20 79 34 16 --
Number of funds in category 111 114 114 114 112 109 107 85 67 62 45

As on 03-Jun-2020

Best & Worst Performance

Best (Period) Worst (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 32.31 (21-Feb-2014 - 23-May-2014) -34.25 (23-Dec-2019 - 23-Mar-2020)
Year 66.14 (03-Sep-2013 - 03-Sep-2014) -32.75 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -0.88 20.33 -0.31 -0.37 0.93 -3.80
S&P BSE 100 TRI 2.73 20.52 -0.13 -0.15 -- --
Equity: Large Cap 2.33 19.90 -0.15 -0.17 0.95 -0.53
Rank within category 78 46 79 80 19 80
Number of funds in category 86 86 86 86 86 86

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

As on 31-May-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 50
Top 10 Stocks (%) 39.50
Top 5 Stocks (%) 22.81
Top 3 Sectors (%) 61.10
Portfolio P/B Ratio 2.53
Portfolio P/E Ratio 172.08

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 43,369 1,82,187
Giant (%) 9.99 66.16
Large (%) 63.31 23.68
Mid (%) 26.01 9.87
Small (%) 0.69 1.38
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 Avenue Supermarts Services 117.97 5.66 0.00 5.43
up Divi's Laboratories Healthcare 50.47 4.54 0.00 4.54
up HDFC Life Insurance Financial 80.78 4.67 0.00 4.49
up Dabur India FMCG 56.48 4.42 2.40 4.24
up SBI Life Insurance Company Financial 56.71 4.82 0.00 4.11
up ICICI Lombard General Insurance Company Financial 49.00 3.95 0.00 3.95
up Pidilite Industries Chemicals 64.22 3.59 1.70 3.56
up Godrej Consumer Products FMCG 45.22 4.91 2.87 3.15
up Lupin Healthcare -- 3.38 0.00 3.06
up Colgate-Palmolive FMCG 45.47 2.97 1.89 2.97
up Petronet LNG Energy 13.69 2.94 1.73 2.79
up Aurobindo Pharma Healthcare 17.51 3.55 0.00 2.69
up HPCL Energy 11.22 5.10 0.00 2.52
up United Spirits FMCG 63.89 3.05 1.71 2.44
up Biocon Healthcare 63.12 2.40 0.00 2.40
up Marico FMCG 41.85 2.97 2.07 2.26
up ICICI Prudential Life Insurance Co. Ltd. Financial 52.48 2.41 1.02 2.26
up Havells India Engineering 48.15 2.82 1.58 2.16
up Shriram Transport Finance Financial 4.68 3.21 1.93 2.00
up Ambuja Cements Construction 17.16 2.56 0.00 1.93
up Berger Paints India Chemicals 74.53 2.10 0.00 1.89
up Piramal Enterprises Healthcare -- 3.72 1.81 1.81
up Power Finance Corp. Financial 2.29 1.85 0.00 1.69
up Bandhan Bank Financial 13.02 3.15 0.00 1.68
up HDFC Asset Management Company Financial 44.49 1.81 0.00 1.64

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-Apr-2020

Fund Manager


0.58%

Change from previous, NAV as on 03-Jun-2020

Growth: ₹ 18.7069

Dividend: ₹ 18.7069


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
Exit Load 0

Basic Details

Fund House: IDBI Mutual Fund
Launch Date: 20-Sep-2010
Return Since Launch: 6.66%
Benchmark: NIFTY Next 50 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 43 Cr (As on 30-Apr-2020)
Expense: 1.04% (As on 30-Apr-2020)
Risk Grade: High
Return Grade: Below Average
Turnover: 29.00%

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: 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

Upcoming Video

Value Investing

Shop for value or hold cash

dateFriday, 12-Jun-2020
time12:30 PM - 01:00 PM