IDBI Nifty 50 Index Fund Direct Reinvestment of Income Distribution cum Cap Wdrl

ADDITIONAL INFO

ASSET ALLOCATION

EQUITY DISTRIBUTION

RISK MEASURES (3 yrs)

SECTOR WEIGHTINGS (%)

INVESTMENT OBJECTIVE

The investment objective of the scheme is to invest only in and all the stocks comprising the Nifty 50 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 Nifty 50 Index. The scheme may also invest in derivatives instruments such as Futures and Options linked to stocks comprising the Index or linked to the Nifty 50 Index. The scheme will adopt a passive investment strategy and will seek to achieve the investment objective by minimizing the tracking error between the Nifty 50 Index (Total Returns Index) and the Scheme.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.