IDBI Gilt Fund Growth
- 4.73%
- (-0.06)17.4805
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Fund Summary
| Period | Returns(per year) |
|---|---|
| 10 Years | -- |
| 5 Years | 4.73% |
| 3 Years | 7.9% |
| 1 Year | 4.14% |
| 6 Months | 2.8% |
| Fund Details | |
|---|---|
| ISIN | INF397L01AD2 |
| Risk | Moderate Risk |
| Fund Type | Government Bond |
| NAV | 17.4805 |
| Exit Load | -- |
More about this fund
| Top Holdings | Weightage |
|---|---|
| 5.63% Govt Stock 2026 | 52.36% |
| 6.67% Govt Stock 2035 | 23.72% |
| Treps | 14.67% |
| Net Receivable / Payable | 9.26% |
| 6.10% Govt Stock 2031 | null% |
About IDBI Gilt Fund
Being an open-ended debt fund, the scheme seeks to generate income and capital appreciation through investment in a diversified basket of treasury bills, state government securities and central government securities.
Pros and Cons of IDBI Gilt Fund
This product is suitable for those who are seeking: Long term Capital appreciation and income with at least medium term horizon. The fund invests in treasury bills, money market instruments and in central and state government securities.
Fund Information and Statistics of IDBI Gilt Fund
Inception/ Launch Date
The IDBI Gilt Fund was launched on 21 December 2012 by IDBI Mutual Fund.
Risk Level
The scheme does not guarantee any returns. The objective of the scheme will be achieve there is no such guarantee. The value of the scheme may go up and down as the price or the interest rates of the securities fluctuate in which the scheme invests. The investment also involves risks such as settlement risk, liquidity risk, trading volumes including possible loss of the principal.
Redemption
The dispatch of redemption of units proceeds within 10 business days from the date of receipt of redemption request.
Fund Manager
Mr.Raju Sharma is the fund manager of IDBI Gilt Fund since May 2017.
Entry/ Exit Load
The entry load is NIL. The exit load of 0.50% is applicable if redeemed within 30 days from the date of allotment of the units.
Tax benefits of investing in IDBI Gilt Fund
The short term capital gains are taxed based on the investors income tax slab. The units held for more than 36 months are long term capital gains and taxed at 20% with indexation benefit. The dividends of this fund are taxed at 28.84%.
About IDBI Mutual Fund
IDBI Mutual Fund is managed by the IDBI Asset Management Limited. The IDBI Bank supports this fund house. This mutual fund house supports investors in taking informed investment decisions and aims at promoting financial inclusion.IDBI Mutual Fund gives opportunity to the investor to experience the prosperity of the capital markets.IDBI Mutual Fund is made up of pools of funds collected from many investors and invest in securities such as bonds, money-market, stocks etc. for capital gain.
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All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns