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IDBI Hybrid Equity Fund(G)-Direct Plan

IDBI Hybrid Equity Fund(G)-Direct Plan
Dividend Yearly
NA
Category
Hybrid - Equity Oriented
52-week NAV high
13.00  (As on 31-08-2018)
52-week NAV low
11.12  (As on 26-10-2018)
Expense
1.09%  (As on 31-03-2019)

Performance

1 mnth 3 mnth 6 mnth 1 yr 2 yr 3 yr 4 yr 5 yr 10 yr
Fund Returns 1.34 2.85 6.00 -3.67 4.20 - - - -
Scheme Details
Fund Type
Open Ended
Investment Plan
Growth
Bonus
NA
Launch Date
Oct 24, 2016
Last Dividend
NA
Minimum Investment
5000

The IDBI Prudence Fund - Direct Plan - Growth Option is an open-ended balanced scheme offered by IDBI Mutual Fund and managed by IDBI Asset Management Limited. The trustee company of IDBI Mutual Fund is IDBI MF Trustee Company Limited. The registered office as well as the corporate office of the fund house is located in Mumbai.

Investment Objective of the IDBI Prudence Fund - Direct Plan - Growth Option

The investment objective of the IDBI Prudence Fund - Direct Plan - Growth Option is to generate capital appreciation over a period of time and provide income to investors through investment in a diversified portfolio of equity and equity-related securities, money market securities, and debt instruments.

Key Features of the IDBI Prudence Fund - Direct Plan - Growth Option

Here are some of the key features of the IDBI Prudence Fund - Direct Plan - Growth Option:

Type of Fund Open-ended balanced Fund
Plans Available
  1. Regular Plan
  2. Direct Plan
Options Under Each Plan Both the Direct Plan and the Regular Plan come with the following options:
  1. Dividend Option
  2. Growth Option
The Dividend Option comes with the following facilities:
  1. Dividend Reinvestment
  2. Dividend Payout
  3. Dividend Sweep
Systematic Investment Plan Available
Systematic Transfer Plan Available
Systematic Withdrawal Plan Available
Risk Factor Moderately High

Investment Amount for the IDBI Prudence Fund - Direct Plan - Growth Option

Minimum Application Amount (for Growth option) Rs.5,000 and in multiples of Re.1 thereafter
Minimum Additional Investment (for Growth option) Rs.1,000 and in multiples of Re.1 thereafter
Minimum Instalment for Systematic Investment Plans
  • Monthly Option: Rs.500 per month (minimum of 12 instalments), or Rs.1,000 per month (minimum of six instalments)
  • Quarterly Option: Rs.1,500 per quarter (minimum of four instalments)
Entry Load Not Applicable
Exit Load
  • In case of exit within 365 days from the date of allotment, 1% of the applicable NAV shall be charged as exit load
  • In case of exit after the completion of 365 days from the date of allotment, no exit load shall be charged

Asset Allocation for the IDBI Prudence Fund - Direct Plan - Growth Option

Instruments Allocations (Percentage of total assets) Risk Profile
Equity and Equity-related securities 35% to 60% High
Equity Arbitrage Exposure 5% to 10% Low to Medium
Debt securities (including floating/fixed rate debt instruments as well as securitised debt) and money market securities 30% to 60% Low to Medium

NAV Disclosure and Benchmark for IDBI Prudence Fund - Direct Plan - Growth Option

The Net Asset Value of the IDBI Prudence Fund - Direct Plan - Growth Option will be calculated on a daily basis and declared on the website of IDBI Mutual Fund as well as the website of the Association of Mutual Funds in India. The NAV shall also be published in at least two national dailies that are circulated across India.

Benchmark Index of the IDBI Prudence Fund - Direct Plan - Growth Option: 50% CRISIL Composite Bond Fund Index and 50% S&P BSE 500 Index.

IDBI Prudence Fund - Direct Plan - Growth Option Fund Manager

The IDBI Prudence Fund - Direct Plan - Growth Option is managed by Mr. V. Balasubramanian (equity portion) and Mr. Gautam Kaul (debt portion).

Why you should invest in the IDBI Prudence Fund - Direct Plan - Growth Option

The IDBI Prudence Fund - Direct Plan - Growth Option can be a good investment option for those who want capital appreciation in the long term along with regular income through investment in equity and equity-related instruments, and money market and debt securities as well.

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