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3 star

IDFC Nifty Fund - Direct Plan


Equity: Large Cap

1 Lakh

Investment Grown to
₹ 1.11 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.62 Lakh

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 -11.94 -1.80 -1.68 6.47 18.00 -13.31 -6.75 3.53 5.74 9.49 --
S&P BSE 100 TRI -11.80 -1.70 -1.63 6.27 17.94 -13.30 -7.05 2.78 5.93 10.13 --
Equity: Large Cap -11.47 -1.50 -1.61 5.45 15.44 -12.92 -6.28 2.23 5.58 10.65 --
Rank within category 35 59 35 18 8 35 33 13 20 31 --
Number of funds in category 65 67 67 67 65 65 62 52 49 49 0

As on 14-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
IDFC Nifty Fund - Direct Plan
3 star
Jan-13 -6.75 3.53 5.74 0.15 208
ICICI Prudential Bluechip Fund - Direct Plan  | Invest Now
4 star
Jan-13 -7.23 2.40 6.54 1.10 22,875
Mirae Asset Large Cap Fund - Direct Plan  | Invest Online
5 star
Jan-13 -5.46 3.87 8.49 0.62 16,381
Axis Bluechip Fund - Direct Plan  | Invest Online
5 star
Jan-13 1.36 9.79 9.56 0.43 14,522
Kotak Bluechip Fund - Direct Plan  | Invest Online
4 star
Jan-13 -2.12 3.04 6.39 1.14 1,502

Best & Worst Performance

Best (Period) Worst (Period)
Week 10.55 (26-May-2020 - 02-Jun-2020) -18.32 (11-Mar-2020 - 18-Mar-2020)
Month 20.24 (23-Mar-2020 - 22-Apr-2020) -36.14 (20-Feb-2020 - 23-Mar-2020)
Quarter 34.84 (23-Mar-2020 - 22-Jun-2020) -37.07 (23-Dec-2019 - 23-Mar-2020)
Year 53.19 (03-Sep-2013 - 03-Sep-2014) -32.13 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.97 20.69 0.03 0.04 0.99 0.63
S&P BSE 100 TRI 5.34 20.93 0.00 0.00 -- --
Equity: Large Cap 4.75 20.27 -0.03 -0.03 0.95 -0.59
Rank within category 13 33 13 13 37 13
Number of funds in category 53 53 53 53 53 53

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

As on 30-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 51
Top 10 Stocks (%) 62.13
Top 5 Stocks (%) 41.24
Top 3 Sectors (%) 66.23
Portfolio P/B Ratio 2.52
Portfolio P/E Ratio 26.87

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 2,56,340 1,92,152
Giant (%) 83.69 66.84
Large (%) 13.84 23.00
Mid (%) 2.46 9.85
Small (%) -- 3.12
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 Reliance Industries Energy 33.76 12.42 6.75 12.42
down HDFC Bank Financial 21.56 11.23 9.09 10.52
down HDFC Financial 14.65 8.34 6.35 6.95
down Infosys Technology 21.33 6.85 4.57 6.14
up ICICI Bank Financial 23.80 6.91 4.26 5.22
down Tata Consultancy Services Technology 26.81 5.57 3.17 4.99
up Kotak Mahindra Bank Financial 29.87 4.86 3.11 4.53
up Hindustan Unilever FMCG 79.22 4.42 2.12 4.42
down ITC FMCG 15.87 6.32 3.53 3.87
up Bharti Airtel Communication -- 3.08 0.91 3.07
down Larsen & Toubro Construction 13.44 4.03 2.63 2.63
down Axis Bank Financial 67.04 3.37 2.02 2.10
down Maruti Suzuki India Automobile 31.02 3.14 1.58 1.77
down Asian Paints Chemicals 59.61 2.06 1.13 1.73
down Bajaj Finance Financial 37.28 2.44 0.00 1.71
down State Bank of India Financial 8.43 2.97 1.55 1.56
down Nestle India FMCG 80.23 1.56 0.00 1.39
down HCL Technologies Technology 15.11 1.49 1.18 1.37
down Sun Pharmaceutical Inds. Healthcare 31.70 1.54 0.85 1.16
down Mahindra & Mahindra Automobile 545.53 1.98 0.79 1.11
down Dr. Reddy's Lab Healthcare 33.09 1.23 0.58 1.09
down NTPC Energy 13.05 1.38 0.99 1.06
down Ultratech Cement Construction 18.98 1.14 0.83 1.02
down Power Grid Corporation Energy 9.18 1.26 0.88 1.02
down Britannia Inds. FMCG 64.44 0.99 0.00 0.97

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-Jun-2020

Fund Manager

— Arpit Kapoor since 01-Mar-2017

Education: Mr. Kapoor is a B.Tech. from Uttar Pradesh Technical University and PGDM from IIM Kozhikode

Experience: Prior to joining IDFC Mutual Fund he has considerable experience in Equity markets while working with UTI Mutual Fund.

Funds Managed:

— Sumit Agrawal since 01-Mar-2017

Education: Mr.Agrawal is a B.Com, ACS, CFA (USA)and PGDM (Finance).

Experience: Prior to joining IDFC AMC he was associated with Mirae Asset Mutual Fund (Nov 2010-Sep 2016) as Fund Manager-Equities, Axis Capital (erstwhile ENAM Securities) (Feb 2008-Nov 2010) as VP-Research Analyst and JP Morgan India Services Pvt. Ltd. (Jun 2006-Feb 2008) as TL-Investment Banking.

Funds Managed:


-1.80%

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

Growth: ₹ 22.3694

Dividend: ₹ 20.3315


Investment Strategy

The scheme seeks to replicate the Nifty 50 Index by investing in securities of the Nifty 50 in the same proportion.

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 0

Basic Details

Fund House: IDFC Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 8.88%
Benchmark: NIFTY 50 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 208 Cr (As on 30-Jun-2020)
Expense: 0.15% (As on 30-Jun-2020)
Risk Grade: Average
Return Grade: Average
Turnover: 32.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend16-Mar-20201.6812

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: http://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

Value Investing

Evaluating Covid-affected financials of India Inc

dateFriday, 17-Jul-2020
time12:30 PM - 01:00 PM