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IDFC Core Equity Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.35 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.99 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 fund invests in a combination of large and medium-sized companies, thereby providing some degree of flexibility to the fund management team to invest in companies of different sizes, depending upon where it expects maximum gains. We believe this flexibility is good for fund investors but we suggest one should also consider multi cap funds which offer complete freedom to fund managers to choose companies of different sizes.

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 and mid 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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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 4.06 -0.44 -0.04 1.52 6.89 15.23 16.76 10.46 9.75 13.04 --
S&P BSE Large Mid Cap TRI 0.14 -0.61 -0.34 -1.66 2.39 10.62 13.42 11.36 8.14 12.73 --
Equity: Large & MidCap 3.56 -0.45 -0.49 1.35 5.70 15.35 19.02 10.81 9.21 16.07 --
Rank within category 12 13 5 13 9 15 18 12 8 14 --
Number of funds in category 26 27 27 27 25 24 23 20 19 18 0

As on 14-Feb-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 8.74 (19-Sep-2019 - 26-Sep-2019) -9.28 (17-Aug-2015 - 24-Aug-2015)
Month 12.37 (07-May-2014 - 06-Jun-2014) -13.17 (07-Sep-2018 - 09-Oct-2018)
Quarter 18.40 (29-Feb-2016 - 30-May-2016) -12.12 (30-Nov-2015 - 29-Feb-2016)
Year 46.34 (13-Feb-2014 - 13-Feb-2015) -15.30 (27-Feb-2015 - 29-Feb-2016)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 11.11 13.08 0.42 0.64 1.00 -1.33
S&P BSE Large Mid Cap TRI 12.20 12.43 0.53 0.83 -- --
Equity: Large & MidCap 11.65 13.41 0.45 0.65 0.99 -0.71
Rank within category 13 10 13 12 11 13
Number of funds in category 22 22 22 22 22 22

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

As on 31-Jan-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 63
Top 10 Stocks (%) 40.54
Top 5 Stocks (%) 27.07
Top 3 Sectors (%) 53.77
Portfolio P/B Ratio 2.48
Portfolio P/E Ratio 23.41

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 52,130 61,840
Giant (%) 39.32 39.24
Large (%) 6.83 11.15
Mid (%) 46.40 46.31
Small (%) 7.16 6.52
Tiny (%) 0.28 0.19

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 ICICI Bank Financial 36.96 7.34 1.01 6.92
down HDFC Bank Financial 25.37 7.49 4.53 6.35
equal Axis Bank Financial 43.49 5.46 0.75 5.29
equal State Bank of India Financial 23.87 5.23 0.96 4.87
equal Reliance Industries Energy 21.61 3.98 2.01 3.65
equal Infosys Technology 20.56 5.17 1.81 3.35
down Larsen & Toubro Construction 18.40 4.07 1.11 3.12
down Ipca Laboratories Healthcare 27.80 2.59 0.00 2.59
equal MRF Automobile 29.13 2.26 0.00 2.26
equal Indian Hotels Services 39.58 2.47 0.76 2.15
down ICICI Securities Financial 29.58 2.10 0.00 2.10
down Kotak Mahindra Bank Financial 37.06 2.86 0.88 1.89
equal Jindal Steel & Power Metals -- 1.98 0.00 1.77
equal Future Retail Services 28.77 2.59 1.03 1.70
equal ACC Construction 19.41 1.71 0.00 1.62
equal M&M Financial Services Financial 15.17 2.06 0.67 1.60
down Supreme Industries Chemicals 37.51 1.58 0.00 1.58
equal AIA Engineering Metals 28.63 1.53 0.00 1.53
equal RBL Bank Financial 25.42 2.16 1.07 1.53
equal KEC International Engineering 15.27 1.50 0.00 1.50
equal The Ramco Cements Construction 29.66 1.50 0.42 1.49
equal Titan Company Cons Durable 78.06 2.01 0.00 1.49
equal Aditya Birla Fashion and Retail Services 103.66 1.46 0.00 1.46
equal Ambuja Cements Construction 16.32 1.57 0.44 1.42
equal Torrent Power Energy 10.75 1.39 0.00 1.39

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-Jan-2020

Fund Manager

— Anoop Bhaskar since 30-Apr-2016

Education: Mr. Bhaskar is a B.Com (H) and MBA(Finance) from Pune University.

Experience: Prior to joining IDFC AMC, he was associated with UTI AMC (Apr. 2007-Jan. 2016), Sundaram AMC (Aug. 2003-Mar. 2007), Franklin Templeton AMC, Shriram Financial Services Ltd., Brisk Financial Services and Cross Borders Finance & Projects.

Interviews:

Funds Managed:


-0.44%

Change from previous, NAV as on 14-Feb-2020

Growth: ₹ 51.9700

Dividend: ₹ 17.8600


Investment Strategy

The Scheme seeks to generate long-term capital growth by investing predominantly in large cap and mid cap stocks.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 100
Minimum No of Cheques 6
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 1
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: IDFC Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 12.03%
Benchmark: NIFTY Large Midcap 250 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 2,780 Cr (As on 31-Jan-2020)
Expense: 0.79% (As on 31-Jan-2020)
Risk Grade: Average
Return Grade: Average
Turnover: 25.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend14-Mar-20190.9000

 12-Mar-20181.1262
 27-Feb-20171.3000
 29-Feb-20161.0000
 25-Feb-20151.6500
 25-Feb-20131.0000

Contact Information

AMC: IDFC Asset Management Company Limited

Address: Unit No. 27, Ground Floor, Khetan Bhavan,198, Jamshedji Tata Road, Churchgate, Mumbai - 400020

Phone: 022-24398777 / 24399999 / 66289999

Fax: 24215052 / 24215051

Email: [email protected]

Website: www.idfcmf.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

Upcoming Video

Investors' Hangout

Time to bet big on mid- and small-cap funds?

dateFriday, 28-Feb-2020
time12:30 PM - 01:00 PM