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Unrated

IDBI Midcap Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.05 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.28 Lakh

Analyst's Choice?

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 4.99 0.35 3.03 6.15 7.73 6.64 4.80 -- -- -- --
Equity: Mid Cap 4.99 0.44 3.41 6.41 10.72 9.97 10.79 -- -- -- --
Rank within category 15 19 20 17 23 19 22 -- -- -- --
Number of funds in category 26 26 26 25 25 23 23 20 19 17 0

As on 17-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week -- ( - ) -- ( - )
Month 9.92 (12-Feb-2019 - 14-Mar-2019) -15.97 (07-Sep-2018 - 08-Oct-2018)
Quarter 11.45 (09-Oct-2017 - 08-Jan-2018) -13.80 (27-Jul-2018 - 26-Oct-2018)
Year 23.26 (10-Feb-2017 - 12-Feb-2018) -20.10 (21-Aug-2018 - 22-Aug-2019)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
Equity: Mid Cap* 10.88 15.19 0.34 0.49 0.84 0.51
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

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

As on

* As on 31-Dec-2019

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 53
Top 10 Stocks (%) 29.71
Top 5 Stocks (%) 15.80
Top 3 Sectors (%) 42.50
Portfolio P/B Ratio 3.06
Portfolio P/E Ratio 25.75

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 21,639 20,224
Giant (%) 6.95 9.14
Large (%) 2.48 5.25
Mid (%) 83.31 78.84
Small (%) 7.26 12.06
Tiny (%) -- 0.09

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 Supreme Industries Chemicals 37.96 4.21 0.00 3.32
equal Info Edge (India) Services 146.94 4.73 0.00 3.19
equal Escorts Automobile 19.07 3.17 0.00 3.17
equal AIA Engineering Metals 27.29 4.10 0.00 3.09
equal Federal Bank Financial 12.04 3.39 0.00 3.03
down Trent Services 137.48 5.07 0.00 2.99
equal Crompton Greaves Consumer Electricals Cons Durable 35.12 3.48 0.00 2.85
equal Minda Industries Automobile 41.60 4.37 0.00 2.75
equal CESC Energy 10.48 2.81 0.00 2.66
equal P&G Hygiene & Health Care FMCG 88.61 4.21 0.00 2.66
equal Endurance Technologies Automobile 25.47 3.38 0.00 2.65
equal Gillette FMCG 84.42 3.59 0.00 2.63
down PI Industries Chemicals 43.66 2.97 0.00 2.62
equal The Ramco Cements Construction 30.80 2.45 0.14 2.39
equal Godrej Properties Construction 77.92 2.34 0.00 2.34
equal Jindal Steel & Power Metals -- 2.22 0.00 2.22
equal L&T Technology Services Engineering 21.21 2.21 0.00 2.21
up Muthoot Finance Financial 13.12 2.21 0.00 2.21
equal Astral Poly Technik Chemicals 69.13 2.13 0.00 2.13
equal ACC Construction 15.47 2.16 0.00 2.13
equal Ipca Laboratories Healthcare 26.08 2.10 0.00 2.10
new Voltas Cons Durable 47.40 1.92 0.00 1.92
equal Dalmia Bharat Construction 38.86 2.02 0.00 1.91
equal Reliance Nippon Life Asset Management Financial 40.48 1.87 0.00 1.87
equal Sanofi India Healthcare 39.11 2.26 0.00 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

— 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:


0.35%

Change from previous, NAV as on 17-Jan-2020

Growth: ₹ 11.5700

Dividend: ₹ 10.8800


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 (₹) --
Minimum No of Cheques --
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: 5.02%
Benchmark: NIFTY Midcap 100 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 189 Cr (As on 31-Dec-2019)
Expense: 1.71% (As on 31-Dec-2019)
Risk Grade: --
Return Grade: --
Turnover: --

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: 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