IDBI Midcap Fund Regular Growth is a Equity Mutual Fund Scheme launched by IDBI Mutual Fund. This scheme was introduced to investors on 24 Jan 2017. Ashish Mishra is the Current Fund Manager of IDBI Midcap Fund Regular Growth.The fund currently has an Asset Under Management(AUM) of ₹203 Cr and the Latest NAV as of 13 Oct 2019 is ₹9.93.
The IDBI Midcap Fund Regular Growth is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 12 months..
The objective of the scheme is to provide investors with the opportunities for long-term capital appreciation by investing predominantly in Equity and Equity related instruments of Midcap Companies. However there can be no assurance that the investment objective under the scheme will be realized.
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 12 months.