IDBI Nifty Junior Index Fund Direct Growth-1.33%

2Groww
-16.34%
1 Year Return
Others
Index
2.0 star
6M
1Y
3Y
5Y
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Fund Details

IDBI Nifty Junior Index Fund Direct Growth

RiskHigh
Min SIP Amount₹500
Expense Ratio0.36%
NAV21.50 (08 Jul 2019)
Fund Started31 Dec 2012
Fund Size48 Cr

Returns

1Y
3Y*
5Y*
Since inception*
IDBI Nifty Junior Index Fund Direct Growth
-16.3%
4.1%
8.6%
11.4%
Category Average
NA
NA
NA
-
Rank within category
NA
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with -16.3% annual returns

    Comparison

    Data not available
    Pros
    1. Risk is lower compared to the benchmark
    2. Exit load is zero
    Cons
    1. Asset under management(AUM) is less than 50 Crs. Watch expense ratio when AUM is very low
    2. Higher expense ratio
    3. 1Y Returns are lower than the benchmark
    4. 3Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    Britannia Industries Ltd.Consumer GoodsEquity5.7%
    Godrej Consumer Products LtdConsumer GoodsEquity4.4%
    Dabur India Ltd.Consumer GoodsEquity3.6%
    Aurobindo Pharma Ltd.PharmaEquity3.5%
    Lupin Ltd.PharmaEquity3.3%
    Shree Cement Ltd.Cement & Cement ProductsEquity3.1%
    United Spirits Ltd.Consumer GoodsEquity3.0%
    Piramal Enterprises LtdPharmaEquity3.0%
    Motherson Sumi Systems Ltd.AutomobileEquity2.9%
    Marico Ltd.Consumer GoodsEquity2.8%
    See All

    Fund Managers

    add
    Education
    Experience
    Funds Managed

    Other Details

    IDBI Nifty Junior Index Fund Direct Growth is a Others Mutual Fund Scheme launched by IDBI Mutual Fund. This scheme was introduced to investors on 31 Dec 2012. Uma Venkatraman is the Current Fund Manager of IDBI Nifty Junior Index Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹48 Cr and the Latest NAV as of 08 Jul 2019 is ₹21.50.

    The IDBI Nifty Junior Index Fund Direct Growth is rated High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Nil.

    Investment Objective

    The investment objective of the scheme is to invest in the stocks and equity related instruments comprising the CNX Nifty Junior Index in the same weights as these stocks represented in the Index with the intent to replicate the performance of the Total Returns Index of CNX Nifty Junior Index. The scheme will adopt a passive investment strategy and will seek to achieve the investment objective by minimizing the tracking error between the CNX Nifty Junior Index (Total Returns Index) and the scheme.

    Tax Implications

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Nil
    Exit Load

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    About IDBI Mutual Fund

    Address
    5th floor, Mafatlal Centre, Nariman Point Mumbai 400021
    Phone
    022-6644 2800
    Launch Date
    28 Mar 2010
    IDBI Mutual Fund
    Asset Management Company
    Custodian
    SBI SG Global Securities Services Pvt.Ltd.
    Registrar & Transfer Agent
    Karvy
    Address
    NA
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