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Unrated

IDFC US Equity FoF - Regular Plan


Suitability:

This is a fund that invests mainly in shares of foreign companies. When you invest for five years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

International equity funds are suitable to invest a part of your money in for diversification, so that if the Indian markets are going through a sharp correction, a portion of your money is insulated. But make sure you invest in a fund that has a broad mandate of investing in companies of different sizes, sectors and countries.

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 international equity 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 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • 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 -- -- 1.92 0.80 -- -- -- -- -- -- --
S&P BSE 500 TRI* -- -- 1.79 4.87 -- -- -- -- -- -- --

As on 18-Oct-2021

* As on 19-Oct-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
IDFC US Equity FoF - Regular Plan
Unrated
Aug-21 -- -- -- 1.58% 336
Motilal Oswal NASDAQ 100 Exchange Traded Fund
Unrated
Mar-11 32.58 30.12 28.55 0.56% 5,152
Franklin India Feeder Franklin US Opportunities Fund  | Invest Online Now
Unrated
Feb-12 29.57 26.31 24.34 1.61% 3,838
Motilal Oswal Nasdaq 100 FOF - Regular Plan  | Invest Online
Unrated
Nov-18 28.80 -- -- 0.50% 3,623
Motilal Oswal S&P 500 Index Fund - Regular Plan  | Invest Online
Unrated
Apr-20 30.84 -- -- 1.06% 2,145

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 2.69 04-Oct-2021 - 11-Oct-2021 -3.01 27-Sep-2021 - 04-Oct-2021
Month -0.89 24-Aug-2021 - 23-Sep-2021 -4.55 03-Sep-2021 - 05-Oct-2021
Quarter -- - -- -
Year -- - -- -

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE 500 TRI* 20.70 22.02 0.76 0.86 -- --

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

As on

* As on 30-Sep-2021

Asset Allocation (%)

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Concentration & Valuation

The underlying data is unavailable.

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up JPMorgan Funds - US Growth Fund A (ACC) Financial -- 98.09

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-Sep-2021

Fund Manager

— Harshal Joshi since 29-Jul-2021

Education: Mr. Joshi is PGDBM from N.L. Dalmia Institute of Management Studies and Research, Mumbai

Experience: Prior to joining IDFC Mutual fund in 2008 he has worked with ICAP India Pvt. Ltd.

Funds Managed:

— Viraj Kulkarni since 29-Jul-2021

Education: Mr. Kulkarni is a B.Tech. (Electronics), CFA and also holds a PGDM (Finance).

Experience: Prior to joining IDFC AMC he was associated with Franklin Templeton Asset Management (India) Pvt. Ltd. (May 2014-Sept. 2015) and Goldman Sachs Services India (June 2010-May 2012).

Funds Managed:

  • FMPs - since Feb 2019

2.43%

Change from previous, NAV as on 18-Oct-2021

Growth: ₹ 10.1100

IDCW: ₹ 10.1100


Investment Strategy

The Scheme seeks to generate long term capital appreciation by investing in units/shares of overseas Mutual Fund Scheme (/s) / Exchange Traded Fund (/s) investing in US Equity securities.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: IDFC Mutual Fund
Launch Date: 20-Aug-2021
Return Since Launch: 1.10%
Benchmark: Russel 1000 Growth TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 336 Cr (As on 30-Sep-2021)
Expense: 1.58% (As on 30-Sep-2021)
Risk Grade: --
Return Grade: --
Turnover: --

Contact Information

AMC: IDFC Asset Management Company Limited

Address: Unit No. 27, Ground Floor, Khetan Bhavan,198, Jamshedji Tata Road, Churchgate, Mumbai - 400020

Phone: 022-24398777 / 24399999 / 66289999

Fax: 24215052 / 24215051

Email: [email protected]

Website: http://www.idfcmf.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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