IDBI NIFTY Index Fund Growth

Fund Returns

NAV Rs. 22.02 -0.81 %
(as on Dec. 6, 2019)
1 yr Return 11.83 %
3 yr. Return 12.59 %
5 yr. Return 6.95 %

Fund Returns

NAV 1 yr Return 3 yr. Return 5 yr. Return
Rs. 22.02 -0.81 %
(as on Dec. 6, 2019)
11.83 % 12.59 % 6.95 %

NAV Movement

1 Month 3 Months 6 Months 1 Year 3 Years 5 Years 10 Years

Calculate SIP Growth

SIP Start Date

SIP End Date

Scheme Details

Launch Date Nov. 29, 2019
Fund Size Rs. 229.45 cr.
Category Equity | Index
Fund Manager Firdaus Marazban Ragina
AMC IDBI Asset Management Ltd.
Fund Benchmark Nifty 50 Index
Risk Profile Moderately Aggressive
Risk Rating 6 / 10

Investment Information

Min. Investment Rs. 5000.00
Min. Investment SIP Rs. 1500.00
Expense Ratio 1.03 %
Exit load Nil

Investment Objective

The investment objective of the scheme is to invest only in and all the stocks comprising the s&p cnx nifty index in the same weights of these stocks as in the index with the objective to replicate the performance of the total returns index of s&p cnx nifty index. The scheme may also invest in derivatives instruments such as futures and options linked to stocks comprising the index or linked to the s&p cnx nifty index. The scheme will adopt a passive investment strategy and will seek to achievethe investment objective by minimizing the tracking error between the s&p cnx nifty index (total returns index) and the scheme

Performance

1M 3M 6M 1Y 3Y 5Y
Fund 0.03 8.26 0.76 11.83 12.59 6.95
Rank Within Category 38 76 None 29 27 30

Portfolio

Security Holding (%)
(as on )
Market Value
(in Rs. crores.)
Quantity
ICICI Bank Ltd. 6.11 14.01 -
Tata Consultancy Services Ltd. 4.87 11.17 -
Kotak Mahindra Bank Ltd. 4.3 9.86 -
Axis Bank Ltd. 3.35 7.68 -
State Bank of India 2.45 5.62 -
Maruti Suzuki India Ltd. 2.05 4.71 -
Sun Pharmaceutical Industries Ltd. 0.98 2.24 -
Oil & Natural Gas Corporation Ltd. 0.91 2.09 -
Hero MotoCorp Ltd. 0.72 1.64 -
Eicher Motors Ltd. 0.64 1.47 -

Fund Schemes Concentrations

# of Securities 13
Top 10 Securities 26.38 %
Top 5 Securities 21.08 %
Top 3 Securities 15.28 %
# of Sectors 21
Top 10 Sectors 91.31 %
Top 5 Sectors 75.52 %
Top 3 Sectors 53.82 %

AMC Contact Information

AMC IDBI Asset Management Ltd.
Address 5th floor, Mafatlal Centre, Nariman Point, Mumbai - 400021
Email contactus@idbimutual.co.in
Website https://www.idbimutual.co.in/

Scheme Details

Launch Date Nov. 29, 2019 Fund Size Rs. 229.45 cr.
Category Equity | Index Fund Manager Firdaus Marazban Ragina
AMC IDBI Asset Management Ltd. Fund Benchmark Nifty 50 Index
Risk Profile Moderately Aggressive Risk Rating 6 / 10

Investment Information

Min. Investment Min. Investment SIP Expense Ratio Exit Load
Rs. 5000.00 Rs. 1500.00 1.03 % Nil

Investment Objective

The investment objective of the scheme is to invest only in and all the stocks comprising the s&p cnx nifty index in the same weights of these stocks as in the index with the objective to replicate the performance of the total returns index of s&p cnx nifty index. The scheme may also invest in derivatives instruments such as futures and options linked to stocks comprising the index or linked to the s&p cnx nifty index. The scheme will adopt a passive investment strategy and will seek to achievethe investment objective by minimizing the tracking error between the s&p cnx nifty index (total returns index) and the scheme

Performance

1M 3M 6M 1Y 3Y 5Y
Fund 0.03 8.26 0.76 11.83 12.59 6.95
Rank Within Category 38 76 None 29 27 30

Peer Funds

Fund Return 1Y (%) Return 3Y (%) Return 5Y (%) AUM(cr.)
IDBI NIFTY Index Fund Growth 11.83 12.59 6.95 229.45
SBI Banking & Financial Services Fund - Regular Plan - Growth 22.85 21.08 - 1,196.05
Tata Banking And Financial Services Fund-Regular Plan-Growth 24.95 19.82 - 371.97
Edelweiss ETF - Nifty Bank 18.35 19.29 - 1.14
Kotak Banking ETF 18.19 19.18 11.31 8,053.24
Reliance ETF Bank BeES 18.15 19.15 11.62 6,880.75

Portfolio

Security Holding (%)
(as on )
Market Value
(in Rs. crores.)
Quantity
ICICI Bank Ltd. 6.11 14.01 -
Tata Consultancy Services Ltd. 4.87 11.17 -
Kotak Mahindra Bank Ltd. 4.3 9.86 -
Axis Bank Ltd. 3.35 7.68 -
State Bank of India 2.45 5.62 -
Maruti Suzuki India Ltd. 2.05 4.71 -
Sun Pharmaceutical Industries Ltd. 0.98 2.24 -
Oil & Natural Gas Corporation Ltd. 0.91 2.09 -
Hero MotoCorp Ltd. 0.72 1.64 -
Eicher Motors Ltd. 0.64 1.47 -

Fund Schemes Concentrations

# of Securities 13
Top 10 Securities 26.38 %
Top 5 Securities 21.08 %
Top 3 Securities 15.28 %
# of Sectors 21
Top 10 Sectors 91.31 %
Top 5 Sectors 75.52 %
Top 3 Sectors 53.82 %

AMC Contact Information

AMC IDBI Asset Management Ltd.
Address 5th floor, Mafatlal Centre, Nariman Point, Mumbai - 400021
Email contactus@idbimutual.co.in
Website https://www.idbimutual.co.in/