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 Class | Equity |
| Scheme Category | Index Funds |
| Benchmark Type | Nifty Next 50 Index |
| Expense Ratio | 0.24% |
| Min subscription | ₹ 5,000 |
| Scheme Type | Open-ended |
| Scheme AUM (in Crs.) | ₹ 52 |
| AMC AUM (in Crs.) | ₹ 8,949 |
| Min Addition Subscription | ₹ 1,000 |
Performance
Comparison
Portfolio
AMC Details
Building Graph
Peer Comparison
| Fund | Min SIP Inv. | Min Inv. | Returns 3Y |
|---|---|---|---|
| 1000 | 1000 | 10.96% | |
| 500 | 500 | 8.54% | |
| 1000 | 1000 | 12.69% | |
| 1000 | 1000 | 8.31% | |
| 1000 | 1000 | 7.52% | |
| 1000 | 1000 | 11.29% | |
| 1000 | 1000 | 12.22% | |
| 1000 | 1000 | 9.57% |
Top 10 Holdings
| Company | Holding Type | Asset(%) |
|---|---|---|
| Godrej Consumer Products Ltd | Equity | 4 |
| Piramal Enterprises Ltd | Equity | 4 |
| Dabur India Ltd | Equity | 3 |
| Shree Cement Ltd | Equity | 3 |
| Aurobindo Pharma Ltd | Equity | 3 |
| Divi's Laboratories Ltd | Equity | 3 |
| Treps | Cash - Repurchase Agreement | 3 |
| Hindustan Petroleum Corp Ltd | Equity | 3 |
| Havells India Ltd | Equity | 3 |
| Pidilite Industries Ltd | Equity | 3 |
Asset Allocation(%)
| Asset | Percent |
|---|---|
| Equity | 99 |
| Cash - Repurchase Agreement | 3 |
| Cash | 2 |
Sector Allocation(%)
| Sector | Percent |
|---|---|
| Household & Personal Products | 13 |
| Drug Manufacturers - Specialty & Generic | 10 |
| Building Materials | 8 |
| Diversified Industrials | 7 |
| Oil & Gas Refining & Marketing | 6 |
IDBI Mutual Fund
AUM
₹8,949 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.
Email
contactus@idbimutual.co.in
Phone
080-4149524
Address
4th Floor, IDBI Tower, WTC Complex, Cuffe Parade, Colaba Mumbai 400005, Navi Mumbai - 400005
IDBI Mutual Fund
Calculate Returns
LUMPSUM
SIP
Investment Amount
₹10,000
Return Amount
₹4,185
Return Rate
6%
Duration
6y 0m
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