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IDBI Nifty Junior Index Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.29 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.76 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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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 0.98 -0.09 -1.26 0.61 1.51 7.44 4.91 8.74 8.84 13.15 --
S&P BSE 100 TRI -0.09 -0.47 -1.73 -0.77 4.55 7.16 10.67 13.82 8.12 11.94 --
Equity: Large Cap 0.04 -0.41 -1.60 -0.61 3.99 7.72 11.84 13.08 8.16 12.38 --
Rank within category 10 6 17 7 59 34 56 48 15 15 --
Number of funds in category 65 65 65 63 62 62 58 51 49 48 0

As on 22-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week -- ( - ) -- ( - )
Month 21.73 (07-May-2014 - 06-Jun-2014) -15.86 (07-Sep-2018 - 09-Oct-2018)
Quarter 32.39 (21-Feb-2014 - 23-May-2014) -17.33 (29-May-2013 - 28-Aug-2013)
Year 66.89 (03-Sep-2013 - 03-Sep-2014) -16.34 (21-Aug-2018 - 22-Aug-2019)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 11.18 15.47 0.35 0.53 0.95 -4.91
S&P BSE 100 TRI 14.72 12.42 1.12 -- -- --
Equity: Large Cap 14.09 12.51 0.68 1.03 0.94 -1.91
Rank within category 45 49 47 48 24 46
Number of funds in category 51 51 51 51 51 51

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

As on 31-Dec-2019

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 50
Top 10 Stocks (%) 33.89
Top 5 Stocks (%) 19.53
Top 3 Sectors (%) 60.29
Portfolio P/B Ratio 3.06
Portfolio P/E Ratio 169.82

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 48,998 2,10,763
Giant (%) 7.34 67.57
Large (%) 64.84 23.62
Mid (%) 27.82 9.66
Small (%) -- 1.84
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 HDFC Life Insurance Financial 92.10 4.67 0.00 4.67
down SBI Life Insurance Company Financial 80.28 4.82 0.00 4.54
up ICICI Lombard General Insurance Financial 52.38 3.54 0.00 3.54
up Shree Cement Construction 64.07 3.77 2.06 3.47
down Dabur India FMCG 57.23 3.91 2.31 3.31
down Godrej Consumer Products FMCG 34.04 4.91 3.05 3.30
down Divi's Laboratories Healthcare 38.19 3.19 0.00 3.00
down Bandhan Bank Financial 25.06 3.15 0.00 2.71
down Pidilite Industries Chemicals 67.70 3.09 1.53 2.70
up Avenue Supermarts Services 98.39 2.78 0.00 2.65
down Petronet LNG Energy 15.22 2.94 0.00 2.56
down HPCL Energy 7.35 5.10 0.00 2.52
down Shriram Transport Finance Financial 8.77 3.21 1.99 2.51
down Colgate-Palmolive FMCG 50.06 2.74 1.77 2.49
down Lupin Healthcare 106.54 3.38 0.00 2.34
up Piramal Enterprises Healthcare 17.56 3.72 2.13 2.28
down United Spirits FMCG 57.80 3.05 1.41 2.28
down Marico FMCG 35.93 2.97 2.07 2.25
down Motherson Sumi Systems Automobile 28.90 4.01 1.72 2.24
down Bajaj Holdings & Inv Financial 11.42 2.71 0.00 2.23
down ICICI Prudential Life Insurance Co. Ltd. Financial 63.29 2.41 0.00 2.21
down Havells India Engineering 49.61 2.82 1.42 2.07
down Container Corp. Services 62.92 2.28 1.49 2.00
down Ambuja Cements Construction 16.85 2.56 0.00 1.84
down DLF Construction 39.16 1.82 0.92 1.82

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-Dec-2019

Fund Manager


-0.09%

Change from previous, NAV as on 22-Jan-2020

Growth: ₹ 22.8913

Dividend: ₹ 22.8913


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: 01-Jan-2013
Return Since Launch: 12.73%
Benchmark: NIFTY Next 50 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 51 Cr (As on 31-Dec-2019)
Expense: 0.49% (As on 31-Dec-2019)
Risk Grade: High
Return Grade: Average
Turnover: 39.00%

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: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034

Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Value Investing

Evaluating a company's financial health from the Cash Flow Statement

dateSaturday, 25-Jan-2020
time12:30 PM - 01:00 PM