April 15, 2023
mayank
IDBI Focused 30 Equity Fund
NAV Growth: Rs 16.5500
NAV IDCW: Rs 16.5500
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 aims to generate capital appreciation by investing in a concentrated portfolio of large cap focused equity and equity related securities of upto 30 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) | 1 |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 365 days |
Basic Details
| Fund House | IDBI Mutual Fund |
| Launch Date | 17-Nov-17 |
| Return Since Launch | 9.77% |
| Benchmark | NIFTY 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 124 Cr |
| (As on 31-Mar-2023) | |
| Expense | 1.61% |
| (As on 28-Feb-2023) | |
| Risk Grade | Below Average |
| Return Grade | Average |
| Turnover | — |
IDBI Focused 30 Equity Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| IDBI Focused 30 Eqt Dir | -0.96 | -0.06 | 3.76 | 0.24 | 4.09 | 2.10 | 24.82 | 10.51 | — | — |
| S&P BSE 100 TRI | -1.74 | 0.11 | 3.79 | -0.93 | 3.94 | 2.06 | 27.23 | 12.09 | — | — |
| Equity: Large Cap | -2.69 | 0.03 | 3.37 | -2.14 | 2.15 | 0.42 | 24.88 | 11.20 | — | — |
| Rank within category | 24 | 68 | 35 | 13 | 45 | 51 | 36 | 41 | — | — |
| Number of funds in category | 96 | 96 | 96 | 96 | 94 | 87 | 61 | 51 | 47 | 46 |
IDBI Focused 30 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 Focused 30 Eqt Dir | 2 star | 2.10 | 24.82 | 10.51 | 1.61 | 124 | 9.77 | 1.00 (365) | 5yrs 5mo | 1.00 |
| 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 | 27 |
| Top 10 Stocks | 62.62% |
| Top 5 Stocks | 40.47% |
| Top 3 Sectors | 56.65% |
| Portfolio P/B Ratio | 3.94 |
| Portfolio P/E Ratio | 26.44 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 3,06,673 | 2,73,830 |
| Giant (%) | 80.09 | 64.07 |
| Large (%) | 9.10 | 29.42 |
| Mid (%) | 6.91 | 10.31 |
| Small (%) | 3.89 | 2.02 |
| Tiny (%) | — | — |
Chanakya’s Mutual Fund Guidance For IDBI Focused 30 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.
Apply Online: https://online.idbimutual.co.in/
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