April 15, 2023
mayank
IDBI Flexi Cap Fund
NAV Growth: Rs 38.5500
NAV IDCW: Rs 24.3300
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
This is a flexi-cap fund where the fund management team has complete freedom to invest in companies of different sizes, depending on where it expects maximum gains. This versatility makes flexi-cap funds most suitable for equity fund investors, as the job of stock selection is left completely to the fund manager, which is the very idea of investing in a mutual fund.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to provide investors with opportunities for long-term growth in capital through investment in a diversified portfolio of equity & equity related instruments across market capitalization.
Fund Manager:
1) Alok Ranjan
Education: Mr. Ranjan has done MBA (Finance), BSc Physics (Honors)
Experience: Prior to joining IDBI Asset Management Limited he was associated with Shriram Asset Management Ltd. as Fund Manager (Equity), Way2wealth Securities Ltd. as Head of Research and Advisory and First Global Ltd. as Vice President- Research.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | 5,000 |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 365 days |
Basic Details
| Fund House | IDBI Mutual Fund |
| Launch Date | 28-Mar-14 |
| Return Since Launch | 16.08% |
| Benchmark | NIFTY 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 350 Cr |
| (As on 31-Mar-2023) | |
| Expense | 1.17% |
| (As on 28-Feb-2023) | |
| Risk Grade | Average |
| Return Grade | Average |
| Turnover | 10.00% |
IDBI Flexi Cap Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| IDBI Flexi Cap Dir | -1.26 | 0.18 | 4.16 | -1.00 | 0.21 | -0.10 | 26.66 | 11.24 | 12.65 | — |
| S&P BSE 500 TRI | -3.07 | 0.10 | 3.50 | -2.40 | 1.79 | 0.12 | 28.33 | 11.51 | 13.98 | — |
| Equity: Flexi Cap | -1.57 | 0.09 | 3.27 | -0.88 | 2.07 | 1.03 | 25.98 | 11.20 | 13.76 | — |
| Rank within category | 28 | 18 | 10 | 35 | 55 | 40 | 21 | 21 | 26 | — |
| Number of funds in category | 70 | 72 | 72 | 70 | 70 | 66 | 49 | 36 | 34 | 26 |
IDBI Flexi Cap Fund Peer Comparison
| Fund name | Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) |
| IDBI Flexi Cap Dir | 3 star | -0.10 | 26.66 | 11.24 | 1.17 | 350 | 16.08 | 1.00 (365) | 9yrs 0mo | 10.00 |
| HDFC Flexi Cap Dir | 4 star | 9.88 | 34.22 | 13.87 | 1.00 | 31,893 | 14.83 | 1.00 (365) | 10yrs 3mo | 43.83 |
| Parag Parikh Flexi Cap Dir | 5 star | 3.84 | 32.08 | 18.08 | 0.73 | 31,290 | 18.67 | 2.00 (365) | 9yrs 10mo | 8.02 |
| Franklin Ind Flexi Cap Dir | 4 star | 2.44 | 31.12 | 12.17 | 1.10 | 10,028 | 15.11 | 1.00 (365) | 10yrs 3mo | 18.10 |
| Canara Robeco Flexi Cap Dir | 4 star | 1.24 | 25.16 | 13.83 | 0.55 | 8,713 | 13.76 | 1.00 (365) | 10yrs 3mo | 30.00 |
Portfolio Analysis
| No. of Stocks | 48 |
| Top 10 Stocks | 46.23% |
| Top 5 Stocks | 27.78% |
| Top 3 Sectors | 52.04% |
| Portfolio P/B Ratio | 3.56 |
| Portfolio P/E Ratio | 4.17 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,48,977 | 1,50,478 |
| Giant (%) | 57.56 | 55.41 |
| Large (%) | 23.56 | 17.58 |
| Mid (%) | 13.04 | 20.77 |
| Small (%) | 5.84 | 6.88 |
| Tiny (%) | — | 0.05 |
Chanakya’s Mutual Fund Guidance For IDBI Flexi Cap Fund
Do not invest in this, or any other flexi-cap fund, if you need to redeem your investment in less than five years.
Apply Online: https://online.idbimutual.co.in/
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