Share Fund
The investment objective of the scheme is to invest only in and all the stocks comprising the Nifty Next 50 Index in the same weights of these stocks as in the Index with the objective to replicate the performance of the Total Returns Index of Nifty Next 50 Index. The scheme may also invest in derivatives instruments such as Futures and Options linked to stocks comprising the Index or linked to the Nifty Next 50 Index. The scheme will adopt a passive investment strategy and will seek to achieve the investment objective by minimizing the tracking error between the Nifty Next 50 Index (Total Returns Index) and the Scheme.
Suitability
This product is suitable for investors who are seeking
• Long Term growth in
• a passively managed scheme tracking CNX Nifty Junior Index (TRI) l Investments only in and all stocks comprising CNX Nifty Junior Index in the same weight of these stocks as in Index with objective to replicate performance of CNX Nifty Junior Index (TRI)
| Scheme Class | Equity |
| Scheme Category | Index Funds |
| Expense Ratio | 0.49% |
| Min subscription | ₹ 5,000 |
| Scheme Type | Open-ended |
| Scheme AUM (in Crs.) | ₹ 46 |
| AMC AUM (in Crs.) | ₹ 8,949 |
| Min Addition Subscription | ₹ 1,000 |
| Benchmark Type | Nifty Next 50 Index |
| Exit Load | No Exit load, if redeemed after 0 months. |
| Fund | Min SIP Inv. | Min Inv. | Returns 3Y |
|---|---|---|---|
UTI Nifty Next 50 Index Fund - Direct Plan | 1000 | 1000 | 40.28% |
Nippon India Index Fund Sensex Plan - Direct Plan | 1000 | 1000 | 15.57% |
UTI Nifty Index Fund - Direct Plan | 0 | 0 | 14.25% |
HDFC Index Sensex Plan - Direct Plan | 1000 | 1000 | 15.52% |
ICICI Prudential Nifty Index - Direct Plan | 0 | 0 | 14.1% |
| Company | Holding Type | Asset(%) |
|---|---|---|
Avenue Supermarts Ltd | Equity | 4 |
Adani Green Energy Ltd | Equity | 4 |
Tata Consumer Products Ltd | Equity | 4 |
Info Edge (India) Ltd | Equity | 4 |
Dabur India Ltd Shs Dematerialised | Equity | 3 |
ICICI Lombard General Insurance Co Ltd | Equity | 3 |
Godrej Consumer Products Ltd Shs Dematerialised | Equity | 3 |
Havells India Ltd | Equity | 3 |
Pidilite Industries Ltd Shs Dematerialised | Equity | 3 |
Aurobindo Pharma Ltd Ordinary Shares | Equity | 3 |
| Asset | Percent |
|---|---|
Equity | 99 |
Cash | 1 |
Cash - Repurchase Agreement | 0 |
| Sector | Percent |
|---|---|
Consumer Defensive | 24 |
Financial Services | 19 |
Healthcare | 12 |
Basic Materials | 10 |
Utilities | 8 |
Fund Manager
Firdaus Ragina
2+ years of experience
About
contactus@idbimutual.co.in
Phone
080-4149524
Address
IDBI Asset Management Ltd.,5th floor, Mafatlal Centre,,Nariman Point,, Mumbai - 400 021
