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Dividend Yearly
Equity - ETF
52-week NAV high
119.67  (As on 28-08-2018)
52-week NAV low
101.26  (As on 23-03-2018)
0.13%  (As on 28-02-2019)


1 mnth 3 mnth 6 mnth 1 yr 2 yr 3 yr 4 yr 5 yr 10 yr
Fund Returns 7.29 5.38 2.96 15.13 13.61 - - - -
Scheme Details
Fund Type
Open Ended
Investment Plan
Launch Date
Oct 07, 2016
Last Dividend
Minimum Investment

IDFC Nifty ETF is an open-ended exchange traded fund offered by IDFC Mutual Fund. It is a Rajiv Gandhi Equity Savings Scheme (RGESS) Qualified Scheme and makes for a great investment option for those who want to generate wealth in the long term.

Investment Objective of IDFC Nifty ETF

The investment objective of IDFC Nifty ETF is to offer returns that are commensurate with the overall returns of the underlying Nifty 50 index.

Key Features of IDFC Nifty ETF

Here are some of the key features of IDFC Nifty ETF:

Type of Fund

Open-ended exchange traded fund

Plans Available


Options Under Each Plan


Systematic Investment Plan

Not Available

Systematic Transfer Plan

Not Available

Systematic Withdrawal Plan

Not Available

Investment Amount for IDFC Nifty ETF

Minimum Application Amount

Large Investors and Authorised Participants can make purchases directly in blocks in ‘Creation unit size’, or in minimum lot of one unit and multiples thereof in case of purchases on the exchange

Minimum Additional Investment


Minimum Instalment for Systematic Investment Plans


Minimum Instalment for Systematic Withdrawal Plan


Entry Load


Exit Load


Asset Allocation for IDFC Nifty ETF


Allocations (Percentage of total assets)

Risk Profile

Securities of companies constituting Nifty 50 Index

95% to 100%

Medium to High

Money market securities and cash and cash equivalents whose residual maturity period is 91 days or lower, and money market and liquid mutual fund schemes

0% to 5%

Low to Medium

Who can Invest in IDFC Nifty ETF?

The following entities can make investments in IDFC Nifty ETF:

  • Resident Indian citizens over the age of 18 years
  • Parents or legal guardians in case investments are made on behalf of minors
  • Persons of Indian Origin (POIs) and Non-Resident Indians (NRIs)
  • Charitable, Private, or Religious Trusts through their trustees
  • Investment institutions, financial institutions, and banks (inclusive of regional rural banks and co-operative societies)
  • Companies, Public Sector Undertakings, corporate bodies, Body of Individuals, Association of Persons, and societies that have registered under the Societies Registration Act, 1860
  • Hindu Undivided Families in the HUF’s or Karta’s name
  • Mutual fund schemes
  • Foreign Institutional Investors registered with the Securities and Exchange Board of India
  • International multilateral agencies with the approval of the Indian Government
  • Industrial and scientific research organisations
  • Foreign Portfolio Investors who are registered with the Securities and Exchange Board of India
  • Partnership firms through their partner(s)
  • Gratuity or Pension or Provident Fund if they have the permission to invest
  • Navy, Air Force, Army and other paramilitary units
  • Other schemes of the fund house provided they meet the conditions prescribed in the regulations established by the Securities and Exchange Board of India and/or the sponsor, trustee or Asset Management Company
  • Any other group of investors as permitted to make investments in the scheme based on their respective constitutions

NAV Disclosure and Benchmark for IDFC Nifty ETF

The NAV of IDFC Nifty ETF is computed and published at the close of each working day. The Net Asset Value of the scheme shall also be published on the website of IDFC Mutual Fund in addition to being disclosed in two daily newspapers as prescribed under the regulations established by the Securities and Exchange Board of India. The NAV shall also be published on the website of the Association of Mutual Funds in India by 9:00 p.m. every day.

The following is the formula used to compute the NAV of IDFC Nifty ETF:

(Fair Value or Market Value of the Scheme’s investment + Current Assets - Current Liabilities and Provisions) / Number of units outstanding under the scheme

Benchmark Index of IDFC Nifty ETF:

The benchmark adopted by IDFC Nifty ETF is the Nifty 50 Index.

IDFC Nifty ETF Fund Manager

IDFC Nifty ETF has been managed by Mr. Yogik Pitti, who is the Associate Vice President – Fund Management. He has over 10 years of experience in the mutual fund industry and has been with IDFC since February 2007. Mr. Pitti also manages a few other schemes for IDFC Mutual Fund, such as IDFC Arbitrage Fund, IDFC Sensex ETF, and IDFC Arbitrage Plus Fund.

Investment Restrictions of IDFC Nifty ETF

The following are some of the major investment restrictions of IDFC Nifty ETF:

  • Investments under this scheme cannot be made in any fund of funds schemes.
  • No loans can be advanced by the mutual fund for any reason.
  • More than 5% of the scheme’s net assets cannot be invested in unlisted equity shares or equity-related securities.
  • All the schemes of the fund, combined, cannot own over 10% of the paid-up capital carrying voting rights of any company.
  • The scheme is not allowed to make investments in unlisted securities of group or associate companies.
  • The scheme is not allowed to make investments in securities that are issued by way of private placement by the sponsor’s group or associate companies.
  • The scheme is not allowed to make investments in the sponsor’s group companies which is more than 25% of the net assets.

Dividend Policy of IDFC Nifty ETF

The Trustees of the fund have the right to declare dividends from time to time, depending upon the availability of distributable surplus and in accordance with the regulations established by the Securities and Exchange Board of India.

Why you should invest in IDFC Nifty ETF

IDFC Nifty ETF can be a profitable investment option if you want something that can help you create wealth in the long term through investment in securities constituting the Nifty 50 Index.

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