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3 star

IDBI Nifty Index Fund - Direct Plan download report


Equity: Large Cap

1 Lakh

Investment Grown to
₹ 1.37 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.37 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
IDBI Nifty Index Direct-G -8.90 0.91 2.64 -2.24 -8.36 -7.04 0.53 11.05 11.16 10.14 --
S&P BSE 100 TRI -8.74 0.96 2.58 -2.52 -8.15 -6.93 0.90 12.02 11.48 10.97 --
Equity: Large Cap -10.40 0.96 2.69 -2.42 -8.65 -8.57 -0.54 11.22 10.36 10.21 --
Rank within category 21 47 60 41 40 18 26 40 21 33 --
Number of funds in category 82 91 91 91 90 82 74 60 50 49 0

As on 24-Jun-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
IDBI Nifty Index Fund - Direct Plan
3 star
Jan-13 0.53 11.05 11.16 0.27% 205
Axis Bluechip Fund - Direct Plan
5 star
Jan-13 -5.62 10.96 13.26 0.48% 33,836
Mirae Asset Large Cap Fund - Direct Plan  | Invest Online
4 star
Jan-13 0.57 12.30 11.93 0.57% 31,292
ICICI Prudential Bluechip Fund - Direct Plan  | Invest Now
4 star
Jan-13 4.13 12.53 11.62 1.06% 30,956
UTI Mastershare Fund - Direct Plan  | Invest Online
4 star
Jan-13 -0.17 13.26 11.57 1.09% 9,566

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 10.58 26-May-2020 - 02-Jun-2020 -19.09 11-Mar-2020 - 18-Mar-2020
Month 20.61 23-Mar-2020 - 22-Apr-2020 -36.87 20-Feb-2020 - 23-Mar-2020
Quarter 35.49 23-Mar-2020 - 22-Jun-2020 -37.82 23-Dec-2019 - 23-Mar-2020
Year 95.72 23-Mar-2020 - 23-Mar-2021 -32.85 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
IDBI Nifty Index Direct-G 14.19 21.74 0.49 0.59 1.01 -0.94
S&P BSE 100 TRI 15.07 21.56 0.54 0.63 -- --
Equity: Large Cap 14.20 21.05 0.51 0.60 0.95 -0.33
Rank within category 34 46 44 36 50 45
Number of funds in category 60 60 60 60 60 60

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

As on 31-May-2022

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 50
Top 10 Stocks (%) 58.70
Top 5 Stocks (%) 41.35
Top 3 Sectors (%) 65.65
Portfolio P/B Ratio 3.25
Portfolio P/E Ratio 21.68

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 3,96,050 2,72,455
Giant (%) 83.23 63.41
Large (%) 16.77 28.09
Mid (%) -- 11.16
Small (%) -- 2.09
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 Reliance Industries Energy 27.87 14.89 8.77 12.49
up HDFC Bank Financial 19.76 11.26 8.08 8.36
up Infosys Technology 27.44 9.18 5.12 7.57
up ICICI Bank Financial 19.77 7.22 4.78 7.19
up HDFC Financial 17.58 8.41 5.36 5.74
up Tata Consultancy Services Technology 31.44 5.56 4.33 4.79
up Kotak Mahindra Bank Financial 27.88 4.99 3.36 3.73
up ITC Consumer Staples 21.49 5.09 2.48 3.23
up Hindustan Unilever Consumer Staples 60.96 4.57 2.39 2.87
equal Larsen & Toubro Construction 24.24 3.97 2.26 2.73
down Axis Bank Financial 13.79 3.42 2.07 2.47
equal State Bank of India Financial 11.46 2.87 1.44 2.45
equal Bharti Airtel Communication 92.91 3.09 1.36 2.26
up Bajaj Finance Financial 48.14 2.69 1.29 2.21
equal Asian Paints Materials 87.36 2.09 1.27 1.76
equal HCL Technologies Technology 19.43 1.88 1.20 1.50
equal Maruti Suzuki India Automobile 65.06 2.05 1.22 1.45
equal Mahindra & Mahindra Automobile 20.26 1.35 0.76 1.35
equal Sun Pharmaceutical Industries Healthcare 60.42 1.33 0.87 1.27
equal Titan Company Consumer Discretionary 83.57 1.44 0.91 1.26
down Tata Steel Metals & Mining 2.60 1.63 0.55 1.16
equal Power Grid Corporation Energy 8.40 1.13 0.80 1.09
equal Tata Motors Automobile -- 1.22 0.35 1.09
equal Bajaj Finserv Financial 40.45 1.41 0.67 1.07
equal NTPC Energy 8.75 1.27 0.73 1.01

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-May-2022

Fund Manager

— Alok Ranjan since 17-Jun-2022

Education: Mr. Ranjan has done MBA (Finance), BSc Physics (Honors)

Experience: Prior to joining IDBI Asset Management Limited he was associated with Shriram Asset Management Ltd. as Fund Manager (Equity), Way2wealth Securities Ltd. as Head of Research and Advisory and First Global Ltd. as Vice President- Research.

Funds Managed:


0.91%

Change from previous, NAV as on 24-Jun-2022

Growth: ₹ 31.2146

IDCW: ₹ 29.7631


Investment Strategy

The scheme will invest in the stocks comprising the Nifty 50 Index in the same weights as these stocks represented in the index with the intent to replicate the performance of the Total Returns Index of S&P CNX Nifty.

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 500
Min. No of Cheques 12
Min. Withdrawal (₹) 1,000
Min. Balance (₹) 5,000
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: IDBI Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 11.31%
Benchmark: NIFTY 50 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 205 Cr (As on 31-May-2022)
Expense: 0.27% (As on 31-May-2022)
Risk Grade: Above Average
Return Grade: Average
Turnover: 8.00%

Contact Information

AMC: IDBI Asset Management Ltd.

Address: 4th Floor, IDBI Tower, WTC Complex, Cuffe Parade, Colaba, Mumbai - 400005

Fax: 022-66442801

Website: http://www.idbimutual.co.in

Registrar & Transfer Agent: KFin Technologies 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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