IDBI Nifty Junior Index Fund Direct
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)
Fund Info
Scheme Type
Open-ended
Scheme Category
Index Funds
Benchmark Type
Nifty Next 50 Index
Scheme AUM (in Crs.)
₹ 48.23
Expense Ratio
0.23%
Scheme Class
Equity
AMC AUM (in Crs.)
₹ 8599
Min Subscription
₹ 5000
Min Addition Subscription
₹ 1000
Fund Info
| Scheme Type | Open-ended |
|---|---|
| Scheme Category | Index Funds |
| Benchmark Type | Nifty Next 50 Index |
| Scheme AUM (in Crs.) | ₹ 48.23 |
| Expense Ratio | 0.23% |
| Scheme Class | Equity |
| AMC AUM (in Crs.) | ₹ 8599 |
| Min Subscription | ₹ 5000 |
| Min Addition Subscription | ₹ 1000 |
Performance
Comparison
Portfolio
AMC Details
Peer Comparison
Fund
Min SIP Inv.
Min Inv.
Returns 3Y
Fund Size(Cr.)
Top 10 Holdings
Company
Holding Type
Asset(%)
Britannia Industries Ltd.
Equity
5.46
JSW Steel Ltd.
Equity
5.07
Godrej Consumer Products Ltd.
Equity
4.61
Motherson Sumi Systems Ltd.
Equity
3.40
Dabur India Ltd.
Equity
3.30
Piramal Enterprises Ltd.
Equity
3.28
Shree Cement Ltd.
Equity
2.83
United Spirits Ltd.
Equity
2.83
Shriram Transport Finance Co. Ltd.
Equity
2.82
MRF Ltd.
Equity
2.76
Sector Allocation(%)
Sector
Percent
Metals
8.79
Engineering
8.13
FMCG
23.46
Financial
16.44
Automobile
11.22
IDBI Mutual Fund
AUM
₹8,599 Cr
About
Sponsored by IDBI Bank, the IDBI Asset Management Limited was incorporated under the Companies Act, 1956 in January 2010. IDBI bank is one the largest bank in the countries and has played a subsequently large role in the economic and financial progress of the country. It has been in the financial industry for over 40 years has developed itself into a commercial bank since then.##IDBI boasts of having a host a of innovative products and presents a wide counter of mutual funds keeping in mind investor objectives. The asset management company pioneers to bring about world class service to its investors through strategic investing decisions that will optimize investor capital.##The mission of the company states that it looks to assist a common man to make informed investment decisions through mutual funds, which will further help the investor attain prosperity through the capital market.
Launch Date
29 Mar 2010
Sponsor
NA
Email
contactus@idbimutual.co.in
Phone
080-4149524
Address
IDBI Mutual Fund Limited,,IDBI Building, Second Floor,,Plot No. 39/40/41, Sector 11,,CBD Belapur, Navi Mumbai - 400 614
IDBI Mutual Fund
Quick Links
Calculate Returns
LUMPSUM
SIP
Investment Amount
₹10,000
Return Amount
₹4,185
Return Rate
6%
Duration
6y 0m
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