IDFC Core Equity Fund (D) - Direct Plan is an open-ended equity scheme that invests in large cap as well as small cap stocks. The scheme is offered by IDFC Mutual Fund and is managed by IDFC Asset Management Company Limited. IDFC Core Equity Fund was earlier called IDFC Classic Equity Fund.
Investment Objective of IDFC Core Equity Fund (D) - Direct Plan
The investment objective of IDFC Core Equity Fund (D) - Direct Plan is to generate capital appreciation in the long term through investment primarily in large cap as well as mid cap stocks.
Key Features of IDFC Core Equity Fund (D) - Direct Plan
Some of the significant features of IDFC Core Equity Fund (D) - Direct Plan are as indicated in the table below:
|
Type of fund |
Open-ended equity scheme |
|
Plans available |
|
|
Options under each plan |
Both plans offer the following two options:
The Dividend Option under the Regular Plan and the Direct Plan offers the following sub-options:
|
|
Risk |
Moderately High |
|
Systematic Investment Plan |
Available |
|
Systematic Transfer Plan |
Available |
|
Systematic Withdrawal Plan |
Available |
Investment Amount for IDFC Core Equity Fund (D) - Direct Plan
The following are the details regarding the investment amount and loads:
|
Minimum application amount |
Rs.5,000 and any amount thereafter |
|
Minimum additional investment |
Rs.1,000 and any amount thereafter |
|
Minimum instalment for Systematic Investment Plan (SIP) |
Rs.1,000 and in multiples of Re.1 thereafter (minimum of six instalments) |
|
Entry Load |
Not Applicable |
|
Exit Load |
1% of the applicable NAV will be charged as exit load in case of redemptions within a year from the date of allotment |
Asset Allocation for IDFC Core Equity Fund (D) - Direct Plan
|
Instruments |
Allocations (Percentage of total assets) |
|
Equity and equity-related securities
|
70% to 100%
|
|
Money market and debt securities (including margin money / FD, securitised debt, government securities)
|
0% to 30%
|
NAV Disclosure and Benchmark for IDFC Core Equity Fund (D) - Direct Plan
The Net Asset Value of IDFC Core Equity Fund (D) - Direct Plan will calculated for each working day unless during special circumstances. The NAV shall be published in two national dailies and will also be available for viewing on the website of the mutual fund and the website of the Association of Mutual Funds in India by 9:00 p.m. on every working day. Investors can also get details regarding the NAV on the mutual fund’s toll free number which is 18002666688, or on the Registrar CAMS website.
IDFC Core Equity Fund (D) - Direct Plan Fund Manager
The IDFC Core Equity Fund (D) - Direct Plan has been managed by Mr. Anoop Bhaskar since April 2016. Mr. Bhaskar has more than 27 years of overall experience in the mutual fund sector and has been with IDFC Asset Management Company since February 2016, before which he worked with UTI Asset Management Company Ltd. and Sundaram Asset Management Company Limited.
Why you should Invest in IDFC Core Equity Fund (D) - Direct Plan
The IDFC Core Equity Fund (D) - Direct Plan is ideal for those who want capital appreciation and to create wealth in the long term through investment primarily in equity and equity-related securities of large cap and mid cap companies.
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