April 18, 2023
mayank
IDBI Nifty 50 Index Fund
NAV Growth: Rs 35.3097
NAV IDCW: Rs 33.6678
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 will invest in the stocks comprising the Nifty 50 Index in the same weights as these stocks represented in the index with the intent to replicate the performance of the Total Returns Index of S&P CNX Nifty.
Fund Manager:
1) Nisha Sharma
Education: Ms. Sharma has done B.Com
Experience: She has 10 years of experience in capital market and banking sector. Prior to joining IDBI Mutual Fund, she has worked with NVS Brokerage Pvt. Ltd.
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 | 0 |
Basic Details
| Fund House | IDBI Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 11.70% |
| Benchmark | NIFTY 50 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 190 Cr |
| (As on 31-Mar-2023) | |
| Expense | 0.32% |
| (As on 28-Feb-2023) | |
| Risk Grade | Above Average |
| Return Grade | Average |
IDBI Nifty 50 Index Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| IDBI Nifty 50 Index Dir | -2.17 | -0.68 | 3.53 | -1.87 | 2.38 | 2.15 | 24.79 | 11.73 | 13.03 | 12.64 |
| S&P BSE 100 TRI | -2.28 | -0.55 | 3.43 | -1.87 | 1.81 | 1.48 | 25.65 | 11.82 | 13.78 | 13.70 |
| Equity: Large Cap | -3.01 | -0.32 | 3.08 | -2.72 | 0.50 | 0.04 | 23.40 | 10.94 | 12.90 | 13.54 |
| Rank within category | 44 | 77 | 23 | 41 | 40 | 47 | 25 | 21 | 25 | 38 |
| Number of funds in category | 96 | 96 | 96 | 96 | 94 | 87 | 63 | 51 | 47 | 46 |
IDBI Nifty 50 Index 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 Nifty 50 Index Dir | 3 star | 2.15 | 24.79 | 11.73 | 0.32 | 190 | 11.70 | — | 10yrs 3mo | 5.00 |
| ICICI Pru Bluechip Dir | 5 star | 4.27 | 26.00 | 11.95 | 1.06 | 34,679 | 14.36 | 1.00 (365) | 10yrs 3mo | 27.00 |
| Canara Robeco Bluechip Eqt Dir | 5 star | 2.69 | 23.06 | 13.98 | 0.48 | 8,860 | 13.94 | 1.00 (365) | 10yrs 3mo | 33.00 |
| Kotak Bluechip Dir | 5 star | 3.23 | 25.60 | 12.38 | 0.58 | 5,259 | 13.78 | 1.00 (365) | 10yrs 3mo | 14.49 |
| HDFC Index S&P BSE Sensex Dir | 4 star | 3.71 | 24.83 | 12.66 | 0.20 | 4,405 | 12.56 | 0.25 (3) | 10yrs 3mo | 5.26 |
Portfolio Analysis
| No. of Stocks | 50 |
| Top 10 Stocks | 59.07% |
| Top 5 Stocks | 40.71% |
| Top 3 Sectors | 63.99% |
| Portfolio P/B Ratio | 3.21 |
| Portfolio P/E Ratio | 21.59 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 4,09,283 | 2,73,830 |
| Giant (%) | 87.58 | 64.07 |
| Large (%) | 12.42 | 29.42 |
| Mid (%) | — | 10.31 |
| Small (%) | — | 2.02 |
| Tiny (%) | — | — |
Chanakya’s Mutual Fund Guidance For IDBI Nifty 50 Index 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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