IDBI India Top 100 Equity Fund Growth - Latest NAV ₹24.5, Returns, Performance & Portfolio

IDBI India Top 100 Equity Fund Growth

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    3.46%
  • highlight
    (+0.23)24.5

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Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years3.46%
3 Years0.44%
1 Year6.29%
6 Months-6.6%
Fund Details
ISININF397L01869
RiskModerately High risk
Fund TypeLarge-Cap
NAV24.5
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
HDFC Bank Ltd9.39%
Reliance Industries Ltd8.81%
ICICI Bank Ltd5.1%
Infosys Ltd4.83%
Housing Development Finance Corp Ltd4.33%
Hindustan Unilever Ltd3.97%
Kotak Mahindra Bank Ltd3.67%
Bajaj Finance Ltd3.07%
Maruti Suzuki India Ltd2.81%
Tata Consultancy Services Ltd2.73%

About IDBI India Top 100 Equity

Being an open-ended equity fund, the scheme by investing predominantly in equity and equity related instruments of large cap companies seeks to provide investors a long term capital appreciation.

Pros and Cons of IDBI India Top 100 Equity

This scheme is suitable for investors seeking:

  • Long term capital appreciation and growth.
  • The fund invests in constituents of Nifty 100 Index in equity and equity related instruments of large cap companies.
  • To realize the scheme objective, the equity portfolio will be managed actively and it will be well diversified.

Fund Information and Statistics of IDBI India Top 100 Equity

Inception/ Launch Date

The IDBI India Top 100 Equity Fund was launched on 15 May 2012 by IDBI Mutual Fund.

Risk Level

The return of the scheme is not assured. The value of the scheme may go up and down as the price or the interest rates of the securities fluctuate in which the n liquidity risk, trading volumes including possible loss of the principal.

Redemption

The scheme is open for redemption of units on all business days at NAV based prices. The dispatch of redemption proceeds within 10 business days from the date of receipt of the redemption request.

Fund Manager

Mr. Uma Venkatraman is the fund manager of IDBI India Top 100 Equity Fund since September 2017.

Entry/ Exit Load

The entry load is NIL. The exit load of 1% is applicable if units are redeemed within 1 year.

Tax benefits of investing in IDBI India Top 100 Equity

The short-term capital gains made on sale of units within 1 year from the date of allotment are taxed at the rate of 15%. The long term capital gains, over and above Rs 1 lakh, made on sale of units after 1 year from the date of allotment are taxed at concessional rate of 10% (without indexation). Investors do not pay any tax on dividends received but a Dividend Distribution Tax (“DDT”) is deducted by the fund house at source.

About IDBI Mutual Fund

IDBI Mutual Fund is managed by the IDBI Asset Management Limited. 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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Frequently Asked Questions

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Start your investment

Sorry!
Currently this fund is not available on ClearTax Invest. We request you to checkout other Related funds
Moderately High risk

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