April 15, 2023
mayank
IDBI India Top 100 Equity Fund
NAV Growth: Rs 44.5500
NAV IDCW: Rs 27.1900
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 of fixed income options. But be prepared for ups and downs in your investment value along the way.
This is a fund that invests in big companies. Compared to those that invest in smaller companies, such funds tend to fall less when stock prices fall. Therefore, they are more suited to conservative equity investors.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to provide investors with the opportunities for long term capital appreciation by investing predominantly in equity and equity related instruments of Large Cap companies.
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 | 01-Jan-13 |
| Return Since Launch | 13.36% |
| Benchmark | NIFTY 100 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 600 Cr |
| (As on 31-Mar-2023) | |
| Expense | 1.26% |
| (As on 28-Feb-2023) | |
| Risk Grade | Below Average |
| Return Grade | Above Average |
| Turnover | 8.00% |
IDBI India Top 100 Equity Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| IDBI Ind Top 100 Eqt Dir | -1.74 | 0.20 | 3.82 | -1.09 | 3.13 | 1.92 | 26.42 | 12.34 | 12.99 | 14.82 |
| S&P BSE 100 TRI | -1.74 | 0.11 | 3.79 | -0.93 | 3.94 | 2.06 | 27.23 | 12.09 | 13.90 | 14.06 |
| Equity: Large Cap | -2.69 | 0.03 | 3.37 | -2.14 | 2.15 | 0.42 | 24.88 | 11.20 | 13.01 | 13.90 |
| Rank within category | 52 | 8 | 32 | 51 | 57 | 52 | 20 | 12 | 28 | 12 |
| Number of funds in category | 96 | 96 | 96 | 96 | 94 | 87 | 61 | 51 | 47 | 46 |
IDBI India Top 100 Equity 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 Ind Top 100 Eqt Dir | 4 star | 1.92 | 26.42 | 12.34 | 1.26 | 600 | 13.36 | 1.00 (365) | 10yrs 3mo | 8.00 |
| ICICI Pru Bluechip Dir | 5 star | 5.12 | 27.82 | 12.30 | 1.06 | 34,679 | 14.46 | 1.00 (365) | 10yrs 3mo | 27.00 |
| Canara Robeco Bluechip Eqt Dir | 5 star | 3.37 | 24.36 | 14.39 | 0.48 | 8,860 | 14.02 | 1.00 (365) | 10yrs 3mo | 33.00 |
| Kotak Bluechip Dir | 5 star | 3.92 | 27.34 | 12.65 | 0.58 | 5,259 | 13.87 | 1.00 (365) | 10yrs 3mo | 14.49 |
| HDFC Index S&P BSE Sensex Dir | 4 star | 4.66 | 26.40 | 12.99 | 0.20 | 4,405 | 12.67 | 0.25 (3) | 10yrs 3mo | 5.26 |
Portfolio Analysis
| No. of Stocks | 54 |
| Top 10 Stocks | 49.19% |
| Top 5 Stocks | 32.06% |
| Top 3 Sectors | 57.55% |
| Portfolio P/B Ratio | 3.29 |
| Portfolio P/E Ratio | 22.57 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,53,351 | 2,73,830 |
| Giant (%) | 71.53 | 64.07 |
| Large (%) | 17.11 | 29.42 |
| Mid (%) | 10.73 | 10.31 |
| Small (%) | 0.62 | 2.02 |
| Tiny (%) | — | — |
Chanakya’s Mutual Fund Guidance For IDBI India Top 100 Equity Fund
Do not invest in this, or any other large-cap fund, if you need to redeem your investment in less than five years.
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