Latest NAV & returns of IDBI ASSET MANAGEMENT SERVICES LTD

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

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previously known as IDBI Nifty Index Dir DR until

NAV on February 06, 2023
Category Equity:
Index Funds
Investment StyleBox
Large Growth
Total Assets 201 cr
Turnover Ratio 96.86%
Expense Ratio 0.32%
Exit Load -
Returns
  • 1M: -0.54%
  • 1Y: 2.37%
  • 3M: -1.99%
  • 3Y: 14.20%
  • 6M: 2.22%
  • 5Y: 11.93%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Jayesh Shah (Since 7 months)
ISIN INF397L01AO9
Fund Family IDBI
P/E Ratio 22.05
P/B Ratio 3.32
Launch Date January 01, 2013
Benchmark IISL Nifty 50 TR INR
ASSET ALLOCATION
EQUITY DISTRIBUTION
RISK MEASURES (3 yrs)
vs IISL Nifty 50 TR INR

Alpha -0.60
Beta 1.00
R-Squared 99.97
Info Ratio -1.83
Tracking Err 0.38
Sortino 0.768
Sharpe 0.530
Std Dev 22.588
Risk Average
SECTOR WEIGHTINGS (%)
Financial 37.71%
Industrial 3.92%
Technology 13.96%
Basic Materials 6.92%
Consumer Cyclical 6.62%
Utilities Services 1.9%
Healthcare Services 3.83%
Energy Services 14.01%
Communication Services 2.52%
Consumer Defensive 8.60%
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.

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.

View Factsheet

Top Index Funds Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
31.287 -6.95% 56 cr 0.32% High
35.579 -7.36% 2,585 cr 0.30% High


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