IDBI Long Term Value Fund Growth - Regular - Latest NAV [ ₹13.23 ], Returns, Performance, Portfolio & Returns 2021

IDBI Long Term Value Fund Growth

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Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years--
3 Years--
1 Year59.98%
6 Months25.05%
Fund Details
RiskVery High Risk
Fund TypeValue
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
Infosys Ltd5.86%
HDFC Bank Ltd5.56%
ICICI Bank Ltd4.78%
Reliance Industries Ltd Shs Dematerialised4.35%
State Bank of India4.11%
Housing Development Finance Corp Ltd3.8%
JK Cement Ltd3.27%
Honeywell Automation India Ltd2.65%
Gujarat Gas Ltd2.5%
Hindalco Industries Ltd Shs Dematerialised2.38%

About IDBI Long Term Value Fund

Being an open-ended fund, it invests in equity and equity related instruments by following a value-oriented strategy for picking stocks. The fund aims to achieve wealth maximisation in the long run along with generation of regular income. The scheme, however, does not guarantee assured returns.

Pros & Cons of IDBI Long Term Value Fund

IDBI Long Term Value Fund offers the following benefits:

  1. Opportunity to invest in predominantly large-cap companies across various sectors
  2. The fund manager follows a blend strategy to take advantage of growth at reasonable prices.
  3. Being a recently launched fund, it needs substantial time to reveal its true potential. However, the fund has underperformed the benchmark and category in 1 month time horizon.

Fund Information and Statistics of IDBI Long Term Value Fund

i) Inception / Launch date

IDBI Long Term Value Fund was launched on 13 August 2018 by IDBI Mutual Fund.

ii) Risk level

Being an equity value-oriented fund, IDBI Long Term Value Fund is a moderately high risk bet. Investors having a long-term investment horizon of more than 5 years may think of investing in this fund.

iii) Redemption

The minimum amount of redemption allowed is the lowest of Rs. 1000 or 100 units or account balance. Redemption of Units will be done by a repurchase/buyback by the fund house. Under normal circumstances, your fund house will dispatch the redemption proceeds within 10 business days from date of receipt of request.

iv) Fund Manager

Mrs. Uma Venkatraman holds 15 years of experience in the financial services domain, with a special emphasis on the equity segment. She has been managing the IDBI Long Term Value Fund since July 2018.

v) Entry / Exit load

The fund house does not charge any entry load for investing in IDBI Long Term Value Fund. However, the scheme charges an exit load of 1% for redemption of units within 365 days from the date of allotment.

Tax benefits of investing in IDBI Long Term Value Fund

The short-term capital gains made on sale of units within 1 year from the date of allotment will be 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 will be taxable at the rate of 10% (without indexation).

About IDBI Mutual Fund

IDBI Mutual Fund was established on 25th January 2010 under the Companies Act, 1956. It is being managed by the IDBI Asset Management Limited. It aims to promote financial inclusion by supporting the investor in taking informed investment decisions. It attempts to achieve this through mutual funds thereby giving him an opportunity to experience the prosperity of the capital markets.

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Frequently Asked Questions

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Currently this fund is not available on ClearTax Invest. We request you to checkout other Related funds
Very 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