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2 star

IDBI Midcap Fund - Regular Plan


Equity: Mid Cap

1 Lakh

Investment declined to
₹ 0.89 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.34 Lakh

Suitability:

When you invest for seven years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options.

This is a fund that invests in medium-sized companies. Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. Therefore, you can expect higher returns in the long-term, but more severe ups and downs along the way.

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 mid cap fund, if you need to redeem your investment in less than seven 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 -4.92 -0.10 1.65 6.83 20.71 -6.64 -3.05 -3.90 -- -- --
S&P BSE 150 MidCap TRI -6.54 -0.60 0.93 6.14 21.57 -8.33 -0.74 -0.79 -- -- --
Equity: Mid Cap -7.10 -0.39 1.23 5.58 17.53 -8.47 -2.52 -1.51 -- -- --
Rank within category 10 5 8 3 8 9 13 17 -- -- --
Number of funds in category 28 30 30 30 30 28 25 22 20 18 16

As on 10-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
IDBI Midcap Fund - Regular Plan
2 star
Jan-17 -3.05 -3.90 -- 2.50 169
DSP Midcap Fund - Regular Plan  | Invest Online
5 star
Nov-06 3.04 1.69 8.16 1.90 6,962
Kotak Emerging Equity Fund Regular Plan  | Invest Online
4 star
Mar-07 -3.50 -0.49 6.81 1.93 6,449
L&T Midcap Fund  | Invest Online
4 star
Aug-04 -5.14 -3.10 6.77 1.95 5,699
Axis Midcap Fund  | Invest Online
5 star
Feb-11 7.85 8.48 7.91 2.00 5,511

Best & Worst Performance

Best (Period) Worst (Period)
Week 9.21 (27-May-2020 - 03-Jun-2020) -20.23 (16-Mar-2020 - 23-Mar-2020)
Month 18.84 (23-Mar-2020 - 22-Apr-2020) -37.96 (20-Feb-2020 - 23-Mar-2020)
Quarter 34.78 (24-Mar-2020 - 23-Jun-2020) -31.19 (23-Dec-2019 - 23-Mar-2020)
Year 19.90 (10-Feb-2017 - 12-Feb-2018) -34.08 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -1.21 23.61 -0.28 -0.30 0.90 -3.84
S&P BSE 150 MidCap TRI 2.33 25.56 -0.12 -0.13 -- --
Equity: Mid Cap 1.39 23.29 -0.16 -0.17 0.89 -1.28
Rank within category 19 10 20 20 11 19
Number of funds in category 23 23 23 23 23 23

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 53
Top 10 Stocks (%) 35.09
Top 5 Stocks (%) 20.63
Top 3 Sectors (%) 40.85
Portfolio P/B Ratio 2.78
Portfolio P/E Ratio 24.26

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 21,122 18,097
Giant (%) 6.65 8.21
Large (%) 7.22 9.62
Mid (%) 82.06 74.80
Small (%) 4.08 11.00
Tiny (%) -- 0.43

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
equal Escorts Automobile 29.53 5.85 0.00 5.85
equal Trent Services 181.86 5.07 0.82 3.90
equal Info Edge (India) Services -- 4.73 0.00 3.89
equal Muthoot Finance Financial 13.85 3.53 0.00 3.53
equal Ipca Laboratories Healthcare 34.64 3.71 0.00 3.46
equal Crompton Greaves Consumer Electricals Cons Durable 30.40 3.51 0.00 3.17
equal PI Industries Chemicals 58.54 3.57 0.00 3.05
equal Supreme Industries Chemicals 30.04 4.21 1.64 2.96
equal AIA Engineering Metals 25.97 4.10 1.74 2.65
equal P&G Hygiene & Health Care FMCG 79.43 4.21 2.27 2.63
equal Jindal Steel & Power Metals -- 2.39 0.00 2.39
equal Endurance Technologies Automobile 23.11 3.38 1.42 2.39
equal Minda Industries Automobile 51.64 4.37 2.30 2.39
equal Godrej Properties Construction 84.13 2.46 0.00 2.30
equal Sanofi India Healthcare 43.18 2.50 1.11 2.29
equal The Ramco Cements Construction 25.19 2.50 1.48 2.25
equal Gujarat Gas Chemicals 17.61 2.21 0.64 2.21
equal ACC Construction 18.16 2.32 0.00 2.20
equal Alkem Laboratories Healthcare 25.68 2.61 0.00 2.10
equal Federal Bank Financial 6.87 3.39 0.00 1.96
equal Astral Poly Technik Chemicals 56.10 2.40 0.00 1.93
equal Nippon Life India Asset Management Financial 42.81 2.11 0.00 1.86
equal Dalmia Bharat Construction 964.38 2.02 0.00 1.79
equal Relaxo Footwears FMCG 69.79 2.14 0.00 1.78
equal HDFC Bank Financial 22.27 1.77 0.00 1.66

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

— Uma Venkatraman since 20-Jun-2019

Education: Prior to joining IDBI Mutual Fund, she had worked with B&K Securities, ASK Raymond James, Morgan Keegan and UTI Mutual Fund.

Funds Managed:


-0.10%

Change from previous, NAV as on 10-Jul-2020

Growth: ₹ 9.8500

Dividend: ₹ 9.2400


Investment Strategy

The scheme seeks to provide investors with the opportunities for long-term capital appreciation by investing predominantly in Equity and Equity related instruments of Midcap Companies.

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 (₹) 1
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: IDBI Mutual Fund
Launch Date: 25-Jan-2017
Return Since Launch: -0.44%
Benchmark: NIFTY Midcap 100 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 169 Cr (As on 30-Jun-2020)
Expense: 2.50% (As on 31-May-2020)
Risk Grade: Average
Return Grade: Below Average
Turnover: 47.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend19-Mar-20180.7000

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

Upcoming Video

Value Investing

Evaluating Covid-affected financials of India Inc

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