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2 star

IDBI Nifty Junior Index Fund - Direct Plan


Equity: Large Cap

1 Lakh

Investment Grown to
₹ 1.54 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.16 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
Fund 30.81 0.99 -2.63 -0.41 0.41 10.79 37.10 15.56 14.74 12.82 --
S&P BSE 100 TRI 27.10 1.27 -1.08 -2.36 1.45 12.63 35.53 18.21 17.80 12.34 --
Equity: Large Cap 27.13 1.21 -1.24 -2.50 1.10 12.45 35.09 17.70 16.84 12.09 --
Rank within category 12 74 80 8 61 57 19 51 45 14 --
Number of funds in category 71 85 85 84 81 76 70 58 50 49 0

As on 02-Dec-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
IDBI Nifty Junior Index Fund - Direct Plan
2 star
Jan-13 37.10 15.56 14.74 0.32% 56
Axis Bluechip Fund - Direct Plan
5 star
Jan-13 31.62 21.41 21.77 0.47% 33,967
ICICI Prudential Bluechip Fund - Direct Plan  | Invest Now
4 star
Jan-13 37.54 18.19 17.11 1.09% 31,082
Mirae Asset Large Cap Fund - Direct Plan  | Invest Online
5 star
Jan-13 35.84 18.87 18.81 0.52% 30,804
UTI Mastershare Fund - Direct Plan  | Invest Online
4 star
Jan-13 38.50 20.12 18.05 1.03% 9,726

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 12.59 24-Mar-2020 - 31-Mar-2020 -16.11 16-Mar-2020 - 23-Mar-2020
Month 25.36 23-Mar-2020 - 22-Apr-2020 -34.81 20-Feb-2020 - 23-Mar-2020
Quarter 39.08 24-Mar-2020 - 23-Jun-2020 -34.16 23-Dec-2019 - 23-Mar-2020
Year 85.38 23-Mar-2020 - 23-Mar-2021 -32.32 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 16.02 19.72 0.62 0.75 0.88 -0.70
S&P BSE 100 TRI 18.50 21.49 0.68 0.81 -- --
Equity: Large Cap 18.00 20.95 0.69 0.80 0.95 0.16
Rank within category 51 10 49 43 8 47
Number of funds in category 58 58 58 58 58 58

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

As on 30-Nov-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 50
Top 10 Stocks (%) 32.44
Top 5 Stocks (%) 17.83
Top 3 Sectors (%) 41.98
Portfolio P/B Ratio 4.05
Portfolio P/E Ratio 31.42

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 76,202 2,96,890
Giant (%) 13.14 66.84
Large (%) 65.41 25.43
Mid (%) 21.45 10.09
Small (%) -- 1.89
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 Avenue Supermarts Services 226.32 5.66 1.97 4.15
down Info Edge (India) Services 8.85 4.00 0.00 3.81
down Apollo Hospitals Healthcare 75.54 4.17 0.00 3.48
down Vedanta Metals 6.75 4.19 0.00 3.21
down Adani Enterprises Services 185.16 3.78 0.00 3.18
up ICICI Lombard General Insurance Company Insurance 56.55 3.98 1.16 3.07
down Godrej Consumer Products FMCG 53.03 4.50 2.55 2.94
down Adani Transmission Energy 155.47 3.09 0.00 2.92
down Pidilite Industries Chemicals 83.69 3.59 2.47 2.86
down Adani Green Energy Engineering 466.43 5.27 0.00 2.82
down Dabur India FMCG 56.71 4.42 2.75 2.77
down Havells India Engineering 72.60 2.92 1.90 2.57
down Piramal Enterprises Healthcare 51.68 3.54 1.75 2.57
down L&T Infotech Technology 56.77 2.47 0.00 2.47
down Ambuja Cements Construction 23.22 2.65 1.84 2.41
down Marico FMCG 57.69 2.97 2.07 2.38
down United Spirits FMCG 77.06 3.05 1.51 2.29
down Jubilant FoodWorks Services 119.64 2.55 0.00 2.29
down GAIL Energy 6.25 2.60 0.00 2.20
down DLF Construction 57.87 2.08 1.11 2.00
up Cholamandalam Investment & Finance Company Financial 29.16 1.97 0.00 1.97
up PI Industries Chemicals 55.38 1.98 0.00 1.96
down ICICI Prudential Life Insurance Co. Ltd. Insurance 138.39 2.41 1.34 1.95
down Lupin Healthcare -- 3.28 1.80 1.80
down Indus Towers Communication 14.23 2.52 0.00 1.78

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-Oct-2021

Fund Manager

— Firdaus Marazban Ragina since 10-Oct-2018

Education: Mr. Ragina has a B.Com degree

Experience: Prior to joining IDBI Mutual Fund, he has worked with IL&FS Broking Services, Avendus Securities, IL&FS Investsmart, UTI Securities and RefcoSify Securities.

Funds Managed:


0.99%

Change from previous, NAV as on 02-Dec-2021

Growth: ₹ 33.9079

IDCW: ₹ 33.9079


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
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: IDBI Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 14.90%
Benchmark: NIFTY Next 50 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 56 Cr (As on 31-Oct-2021)
Expense: 0.32% (As on 31-Oct-2021)
Risk Grade: Above Average
Return Grade: Low
Turnover: 37.00%

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: http://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

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