Item: IDBI Nifty Index Fund Direct Growth
Rating: 2
Author: Morningstar

Home › Mutual Funds › IDBI Mutual Fund › IDBI Nifty Index Fund Direct Growth

37.286 (0.024%)

NAV on December 05, 2022

Category Equity:
Index Funds

Investment StyleBox

Large Growth

Total Assets 201 cr

Turnover Ratio 96.86%

Expense Ratio 0.32%

Exit Load -

Returns

1M: 3.20%
1Y: 9.81%
3M: 5.84%
3Y: 16.56%
6M: 13.22%
5Y: 13.91%

Min Investment 5,000

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SECTOR WEIGHTINGS (%)

Financial 37.04%

Industrial 3.81%

Technology 14.11%

Basic Materials 6.6%

Consumer Cyclical 7.28%

Utilities Services 2.01%

Healthcare Services 4.00%

Energy Services 13.85%

Communication Services 2.55%

Consumer Defensive 8.75%

Real Estate 0.00%

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.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

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NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
IDBI Nifty Junior Index Fund Direct Growth	35.453	4.77%	57 cr	0.32%	High
ICICI Prudential Nifty Next 50 Index Fund Direct Plan Growth	40.333	4.31%	2,480 cr	0.30%	High