IDBI India Top 100 Equity Fund Direct Growth is a Equity Mutual Fund Scheme launched by IDBI Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Uma Venkatraman is the Current Fund Manager of IDBI India Top 100 Equity Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹378 Cr and the Latest NAV as of 13 Oct 2019 is ₹26.29.
The IDBI India Top 100 Equity Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year..
To provide investors with opportunities for long-term growth in capital through active management of a diversified basket of equity stocks, debt and money market instruments. The investment universe of the scheme will be restricted to equity stocks and equity related instruments of companies that are constituents of the S&P CNX Nifty Index (Nifty 50) and the CNX Nifty Junior Indices comprising a total of 100 stocks. These two indices are collectively referred to as the CNX 100 Index. The equity portfolio will be well-diversified and actively managed to realize the Scheme objective.
Returns are taxed at 15% if sold before 1 year.
10% tax post one year on returns above 1 Lac.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit load of 1% if redeemed within 1 year.