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IDBI Mutual Fund | IDBI Mutual Fund NAV | IDBI Mutual Fund SIP

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IDBI Mutual Fund

Updated on August 16, 2022 , 3257 views

IDBI mutual fund is one of the Indian Mutual Fund Companies that is sponsored by IDBI Bank Ltd. The mutual fund company commenced its operations in the year 2010 and since then it has launched a wide variety of mutual fund schemes. The Assets Under Management or AUM of IDBI Mutual Fund Company has been witnessing growth on a year-on-year Basis and as on September 30, 2017, it was 9,530.81 Crores.

IDBI Mutual Fund offers mutual fund schemes under various fund categories like equity fund, Debt fund, gold fund, and Balanced Fund.

AMC IDBI Mutual Fund
Date of Setup March 29, 2010
AUM INR 10540.17 crore (Jun-30-2018)
CEO/MD Mr. Dilip Kumar Mandal
CIO Mr. V. Balasubramanian
Compliance Officer Mr. Chandra Bhushan
investor Service Officer Mr. Durgaprasad S. V.
Headquarters Mumbai
Customer Care Number 1800-419-4324
Fax 022 – 66442801
Tel 022 – 66442800
Website www.idbimutual.co.in
Email contactus[AT]idbimutual.co.in

About IDBI Mutual Fund

IDBI Mutual Fund company is governed by IDBI Asset Management Limited. This company was registered under the Companies Act 1956 in January 2010. IDBI Mutual Fund’s mission is to promote Financial Inclusion. To achieve this financial inclusion, IDBI Mutual Fund assists individuals to make informed investment decisions about mutual fund investments wherein; they get to enjoy a share of the prosperity of financial markets. The trustee company of IDBI Mutual Fund is IDBI MF Trustee Company Ltd. IDBI Mutual Fund is a part of IDBI Group which holds a bouquet subsidiaries and joint ventures in various spheres of banking and Financial System. Some of the companies that form part of IDBI Group include IDBI Capital Markets & Securities Limited, IDBI Intech Ltd., and IDBI Trusteeship Services Ltd.

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Best Performing Mutual Funds by IDBI

Any mutual fund company offers a bunch of schemes under different categories to cater the varied requirements of the investors. Similarly, IDBI Mutual Fund offers an array of mutual fund schemes under various categories to cater the needs of various individuals. Some of the categories under which IDBI Mutual Fund offers its schemes are:

Equity Fund

Equity Fund refers to the mutual fund scheme that invests a considerable portion of its corpus in equity shares of different companies. This scheme is suitable for investors who are willing to take the risk to earn more returns. Certain mutual fund schemes that IDBI Mutual Fund offers under equity fund category include IDBI Focused 30 Equity Fund, IDBI Midcap Fund, IDBI small cap Fund, IDBI India Top 100 Equity Fund, IDBI Diversified Equity Fund, and so on. Some of the best performing Equity Funds of IDBI are as follows.

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2021 (%)
IDBI Equity Advantage Fund Growth ₹39.54
↑ 0.07
₹44412.34.89.616.410.225.6
IDBI India Top 100 Equity Fund Growth ₹40.56
↑ 0.02
₹54411.64.6920.411.431.2
IDBI Diversified Equity Fund Growth ₹35.87
↑ 0.08
₹34613512.222.312.836.6
IDBI Small Cap Fund Growth ₹18.26
↑ 0.05
₹122126.520.830.112.764.7
IDBI Midcap Fund Growth ₹17.29
↑ 0.03
₹17313.76.1421.2936.6
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 18 Aug 22

Debt Fund

Debt Fund is the mutual fund scheme that invests the major part of its fund amount in fixed Income securities that earn constant returns. These funds are suitable for risk-averse individuals. IDBI Mutual Fund offers IDBI Liquid Fund, IDBI Ultra Short Term fund, IDBI Corporate Debt Opportunities Fund, etc., under the debt fund category. The table given below shows the Best Debt Funds of IDBI Mutual Fund

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)2021 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
IDBI Liquid Fund Growth ₹2,310.89
↑ 0.38
₹6501.22.13.94.23.44.73%25D25D
IDBI Short Term Bond Fund Growth ₹22.5868
↑ 0.00
₹301.60.710.77.512.16.6%2Y 3M 14D2Y 11M 5D
IDBI Credit Risk Fund Growth ₹15.378
↑ 0.00
₹321.60.713.73.516.27.37%2Y 9M 4D3Y 11M 23D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 18 Aug 22

Balanced Fund

Also known as a hybrid fund, balanced Fund invests its corpus in both equity and debt instruments based on a pre-determined ratio. The portfolio of these mutual fund scheme contains 65% or more investments in equity products and the remaining portion is invested in debt instruments. IDBI Mutual Fund offers IDBI Prudence Fund under balanced fund category.

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2021 (%)
IDBI Equity Savings Fund Growth ₹21.3574
↓ 0.00
₹114.52.44.79.46.110.1
IDBI Hybrid Equity Fund Growth ₹15.9639
↑ 0.01
₹1747.80.75.713.67.120.9
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 18 Aug 22

1. IDBI Equity Advantage Fund

The Scheme will seek to invest predominantly in a diversified portfolio of equity and equity related instruments with the objective to provide investors with opportunities for capital appreciation and income along with the benefit of income-tax deduction(under section 80C of the Income-tax Act, 1961) on their investments. Investments in this scheme would be subject to a statutory lock-in of 3 years from the date of allotment to be eligible for income-tax benefits under Section 80C. There can be no assurance that the investment objective under the scheme will be realized.

IDBI Equity Advantage Fund is a Equity - ELSS fund was launched on 10 Sep 13. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 16.6% since its launch.  Ranked 21 in ELSS category.  Return for 2021 was 25.6% , 2020 was 8.4% and 2019 was 5.7% .

Below is the key information for IDBI Equity Advantage Fund

IDBI Equity Advantage Fund
Growth
Launch Date 10 Sep 13
NAV (18 Aug 22) ₹39.54 ↑ 0.07   (0.18 %)
Net Assets (Cr) ₹444 on 30 Jun 22
Category Equity - ELSS
AMC IDBI Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 2.4
Sharpe Ratio -0.28
Information Ratio -0.38
Alpha Ratio -1.3
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Jul 17₹10,000
31 Jul 18₹10,849
31 Jul 19₹9,927
31 Jul 20₹9,871
31 Jul 21₹14,153
31 Jul 22₹15,164

IDBI Equity Advantage Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹395,578.
Net Profit of ₹95,578
Invest Now

Returns for IDBI Equity Advantage Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Aug 22

DurationReturns
1 Month 11.7%
3 Month 12.3%
6 Month 4.8%
1 Year 9.6%
3 Year 16.4%
5 Year 10.2%
10 Year
15 Year
Since launch 16.6%
Historical performance (Yearly) on absolute basis
YearReturns
2021 25.6%
2020 8.4%
2019 5.7%
2018 -1.7%
2017 35.3%
2016 0%
2015 3.1%
2014 71.2%
2013
2012
Fund Manager information for IDBI Equity Advantage Fund
NameSinceTenure
Alok Ranjan16 Aug 210.96 Yr.

Data below for IDBI Equity Advantage Fund as on 30 Jun 22

Equity Sector Allocation
SectorValue
Financial Services32.81%
Technology14.2%
Basic Materials13.87%
Industrials13.72%
Consumer Cyclical10.42%
Energy6.02%
Consumer Defensive2.89%
Health Care2.13%
Communication Services1.89%
Asset Allocation
Asset ClassValue
Cash2.05%
Equity97.95%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 20 | ICICIBANK
8%₹37 Cr528,773
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 20 | HDFCBANK
8%₹33 Cr247,297
Infosys Ltd (Technology)
Equity, Since 31 Oct 20 | INFY
6%₹28 Cr192,810
State Bank of India (Financial Services)
Equity, Since 28 Feb 21 | SBIN
5%₹21 Cr446,147
Reliance Industries Ltd (Energy)
Equity, Since 30 Sep 20 | RELIANCE
5%₹20 Cr77,980
ABB India Ltd (Industrials)
Equity, Since 30 Apr 15 | ABB
4%₹17 Cr71,781
Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 30 Nov 13 | CHOLAFIN
3%₹14 Cr232,325
HCL Technologies Ltd (Technology)
Equity, Since 31 May 20 | HCLTECH
3%₹14 Cr146,618
Axis Bank Ltd (Financial Services)
Equity, Since 28 Feb 21 | 532215
3%₹14 Cr213,065
Page Industries Ltd (Consumer Cyclical)
Equity, Since 30 Sep 13 | 532827
3%₹13 Cr3,300

2. IDBI Hybrid Equity Fund

(Erstwhile IDBI Prudence Fund)

The investment objective of the scheme would be to generate opportunities for capital appreciation along with income by investing in a diversified basket of equity and equity related instruments, debt and money market instruments. However, there can be no assurance that the investment objective of the scheme will be realized.

IDBI Hybrid Equity Fund is a Hybrid - Hybrid Equity fund was launched on 24 Oct 16. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 8.4% since its launch.  Return for 2021 was 20.9% , 2020 was 17% and 2019 was 0% .

Below is the key information for IDBI Hybrid Equity Fund

IDBI Hybrid Equity Fund
Growth
Launch Date 24 Oct 16
NAV (18 Aug 22) ₹15.9639 ↑ 0.01   (0.03 %)
Net Assets (Cr) ₹174 on 30 Jun 22
Category Hybrid - Hybrid Equity
AMC IDBI Asset Management Limited
Rating Not Rated
Risk Moderately High
Expense Ratio 2.53
Sharpe Ratio -0.51
Information Ratio -0.82
Alpha Ratio -2.77
Min Investment 5,000
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Jul 17₹10,000
31 Jul 18₹10,593
31 Jul 19₹9,385
31 Jul 20₹9,922
31 Jul 21₹12,856
31 Jul 22₹13,409

IDBI Hybrid Equity Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹367,070.
Net Profit of ₹67,070
Invest Now

Returns for IDBI Hybrid Equity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Aug 22

DurationReturns
1 Month 7.7%
3 Month 7.8%
6 Month 0.7%
1 Year 5.7%
3 Year 13.6%
5 Year 7.1%
10 Year
15 Year
Since launch 8.4%
Historical performance (Yearly) on absolute basis
YearReturns
2021 20.9%
2020 17%
2019 0%
2018 -6.2%
2017 22.2%
2016
2015
2014
2013
2012
Fund Manager information for IDBI Hybrid Equity Fund
NameSinceTenure
Raju Sharma3 May 175.25 Yr.
Alok Ranjan16 Aug 210.96 Yr.

Data below for IDBI Hybrid Equity Fund as on 30 Jun 22

Asset Allocation
Asset ClassValue
Cash5.95%
Equity68.75%
Debt25.3%
Equity Sector Allocation
SectorValue
Financial Services22.51%
Technology10.22%
Industrials9.69%
Basic Materials7.66%
Energy4.47%
Consumer Defensive4.46%
Consumer Cyclical4.3%
Utility2.04%
Health Care1.9%
Communication Services1.18%
Real Estate0.31%
Debt Sector Allocation
SectorValue
Government13.64%
Corporate13.35%
Cash Equivalent4.25%
Credit Quality
RatingValue
AA32.02%
AAA67.98%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.1% Govt Stock 2029
Sovereign Bonds | -
8%₹15 Cr1,500,000
Bank Of Baroda
Debentures | -
8%₹13 Cr1,320,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | HDFCBANK
5%₹9 Cr64,500
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 19 | ICICIBANK
5%₹8 Cr113,500
Reliance Industries Ltd (Energy)
Equity, Since 28 Feb 19 | RELIANCE
4%₹8 Cr30,000
Infosys Ltd (Technology)
Equity, Since 30 Apr 21 | INFY
4%₹7 Cr45,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Jan 18 | HDFC
4%₹7 Cr30,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 18 | TCS
3%₹5 Cr14,619
Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 19 | 532215
3%₹5 Cr71,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 28 Feb 17 | LT
3%₹4 Cr27,950

3. IDBI Nifty Index Fund

The investment objective of the scheme is to invest in the stocks and equity related instruments comprising the S&P CNX Nifty Index in the same weights as these stocks represented in the Index with the intent to replicate the performance of the Total Returns Index of S&P CNX Nifty index. The scheme will adopt a passive investment strategy and will seek to achieve the investment objective by minimizing the tracking error between the S&P CNX Nifty index (Total Returns Index) and the scheme.

IDBI Nifty Index Fund is a Others - Index Fund fund was launched on 25 Jun 10. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 10.4% since its launch.  Ranked 83 in Index Fund category.  Return for 2021 was 23.5% , 2020 was 14.7% and 2019 was 12.3% .

Below is the key information for IDBI Nifty Index Fund

IDBI Nifty Index Fund
Growth
Launch Date 25 Jun 10
NAV (18 Aug 22) ₹33.1015 ↑ 0.04   (0.12 %)
Net Assets (Cr) ₹194 on 30 Jun 22
Category Others - Index Fund
AMC IDBI Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 1.03
Sharpe Ratio -0.16
Information Ratio -3.74
Alpha Ratio -0.86
Min Investment 5,000
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Jul 17₹10,000
31 Jul 18₹11,169
31 Jul 19₹10,957
31 Jul 20₹10,887
31 Jul 21₹15,428
31 Jul 22₹16,859

IDBI Nifty Index Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹415,684.
Net Profit of ₹115,684
Invest Now

Returns for IDBI Nifty Index Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Aug 22

DurationReturns
1 Month 10.5%
3 Month 11.2%
6 Month 4.5%
1 Year 9%
3 Year 17.5%
5 Year 12.6%
10 Year
15 Year
Since launch 10.4%
Historical performance (Yearly) on absolute basis
YearReturns
2021 23.5%
2020 14.7%
2019 12.3%
2018 2.8%
2017 27.4%
2016 2.4%
2015 -4.4%
2014 30.8%
2013 7.2%
2012 27.7%
Fund Manager information for IDBI Nifty Index Fund
NameSinceTenure
Jayesh Shah12 Jul 220.05 Yr.

Data below for IDBI Nifty Index Fund as on 30 Jun 22

Asset Allocation
Asset ClassValue
Cash0.46%
Equity99.54%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 11 | RELIANCE
13%₹25 Cr96,776
↓ -406
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 11 | HDFCBANK
9%₹17 Cr123,078
↓ -305
Infosys Ltd (Technology)
Equity, Since 30 Apr 11 | INFY
8%₹15 Cr102,674
↓ -417
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 11 | ICICIBANK
7%₹14 Cr195,090
↓ -634
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Apr 11 | HDFC
6%₹11 Cr50,836
↓ -126
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 11 | TCS
5%₹9 Cr29,052
↓ -123
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 11 | KOTAKBANK
4%₹7 Cr41,261
↓ -102
ITC Ltd (Consumer Defensive)
Equity, Since 30 Apr 11 | ITC
3%₹7 Cr244,251
↓ -608
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Apr 11 | HINDUNILVR
3%₹6 Cr24,925
↓ -62
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Apr 11 | LT
3%₹5 Cr33,721
↓ -84

4. IDBI Short Term Bond Fund

The investment objective of the Scheme is to provide investors with regular income by investing in debt and money market instruments, such that the Macaulay duration of the portfolio is maintained between 1 year to 3 years.However, there can be no assurance that the investment objective of the Scheme will be realized.

IDBI Short Term Bond Fund is a Debt - Short term Bond fund was launched on 23 Mar 11. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 7.4% since its launch.  Ranked 53 in Short term Bond category.  Return for 2021 was 12.1% , 2020 was 9.9% and 2019 was 0.1% .

Below is the key information for IDBI Short Term Bond Fund

IDBI Short Term Bond Fund
Growth
Launch Date 23 Mar 11
NAV (18 Aug 22) ₹22.5868 ↑ 0.00   (0.01 %)
Net Assets (Cr) ₹30 on 30 Jun 22
Category Debt - Short term Bond
AMC IDBI Asset Management Limited
Rating
Risk Moderately Low
Expense Ratio 1.18
Sharpe Ratio 0.81
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 6.6%
Effective Maturity 2 Years 11 Months 5 Days
Modified Duration 2 Years 3 Months 14 Days

Growth of 10,000 investment over the years.

DateValue
31 Jul 17₹10,000
31 Jul 18₹10,527
31 Jul 19₹10,866
31 Jul 20₹11,586
31 Jul 21₹12,138
31 Jul 22₹13,448

IDBI Short Term Bond Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132
Invest Now

Returns for IDBI Short Term Bond Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Aug 22

DurationReturns
1 Month 0.8%
3 Month 1.6%
6 Month 0.7%
1 Year 10.7%
3 Year 7.5%
5 Year 6.2%
10 Year
15 Year
Since launch 7.4%
Historical performance (Yearly) on absolute basis
YearReturns
2021 12.1%
2020 9.9%
2019 0.1%
2018 6.4%
2017 5.7%
2016 8.2%
2015 7.8%
2014 9.5%
2013 7.5%
2012 9.9%
Fund Manager information for IDBI Short Term Bond Fund
NameSinceTenure
Bhupesh Kalyani1 Feb 175.5 Yr.

Data below for IDBI Short Term Bond Fund as on 30 Jun 22

Asset Allocation
Asset ClassValue
Cash10.65%
Debt89.35%
Debt Sector Allocation
SectorValue
Government63.91%
Corporate25.44%
Cash Equivalent10.65%
Credit Quality
RatingValue
AA10.66%
AAA89.34%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
364 Dtb 18052023
Sovereign Bonds | -
32%₹10 Cr1,000,000
5.74% Govt Stock 2026
Sovereign Bonds | -
13%₹4 Cr400,000
Power Finance Corporation Ltd.
Debentures | -
9%₹3 Cr270,000
Rec Limited
Debentures | -
9%₹3 Cr270,000
Chennai Petroleum Corporation Ltd.
Debentures | -
7%₹2 Cr220,000
Godrej Industries Limited
Debentures | -
7%₹2 Cr200,000
Ntpc Limited
Debentures | -
6%₹2 Cr180,000
7.38% Govt Stock 2027
Sovereign Bonds | -
5%₹2 Cr150,000
↑ 150,000
Piramal Capital & Housing Finance Limited
Debentures | -
3%₹1 Cr123,960
Treps
CBLO/Reverse Repo | -
8%₹3 Cr

IDBI Mutual Fund Performance

Some of the popular mutual fund schemes offered by IDBI Mutual fund are explained as follows along with their performance.

IDBI India Top 100 Equity Fund

This mutual fund scheme is suitable for investors looking for long-term growth of capital by Investing in a diversified basket containing equity, fixed income, and money market instruments. The performance of this mutual fund scheme is shown in the table given below.

IDBI India Top 100 Equity Fund
Growth
AMC IDBI Asset Management Limited
Category Equity
Launch Date 15 May 12
Rating
RiskModerately High
NAV ₹40.56 ↑ 0.02   (0.05 %)
Net Assets (Cr)₹544
3 MO (%)11.6
6 MO (%)4.6
1 YR (%)9
3 YR (%)20.4
5 YR (%)11.4
2021 (%)31.2

Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 18 Aug 22

IDBI Diversified Equity Fund

This mutual fund scheme provides individuals with the opportunity for long-term capital appreciation by way of investing in a diversified basket of investments containing equity, debt, and money Market instruments. The portfolio of the mutual fund scheme is actively managed to attain the scheme’s objectives. The proportion of equity investments in the portfolio can Range between 70-100% while that of debt investments between 0-30%. The overall past performance of IDBI diversified Equity Fund scheme is encapsulated in the table given below.

IDBI Diversified Equity Fund
Growth
AMC IDBI Asset Management Limited
Category Equity
Launch Date 28 Mar 14
Rating
RiskModerately High
NAV ₹35.87 ↑ 0.08   (0.22 %)
Net Assets (Cr)₹346
3 MO (%)13
6 MO (%)5
1 YR (%)12.2
3 YR (%)22.3
5 YR (%)12.8
2021 (%)36.6

Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 18 Aug 22

IDBI Mutual Fund SIP

Most of the mutual fund schemes of IDBI mutual fund have SIP option. SIP or Systematic Investment plan is an investment mode where a fixed amount is deposited at regular intervals in the mutual fund scheme. Using SIP mode of investment, one can ensure that the savings amount does not pinch his/her pockets. Individuals can invest in SIP Mutual Funds either through offline mode or online mode. By opting for offline mode of investment, individuals need to visit the fund house’s office and complete the necessary formalities for mutual fund investments. Contrarily, individuals choosing for online mode can visit the IDBI mutual fund’s website or any other independent portal dealing in mutual funds. The online or paperless mode of investment is considered to be hassle-free. In addition, visiting the independent portal gives individuals an access to a large number of mutual fund schemes under one umbrella.

IDBI: Mutual Fund Calculator

People planning to invest money in mutual funds always have a pre-determined objective. In order to attain these objectives successfully and in a timely manner, people can use mutual fund calculator. These mutual fund calculators help to determine the present amount that one needs to set aside out of their current income to achieve their future objectives. Some of the input data in these mutual fund calculators include an individual’s age, income, expected returns on investment, the expected rate of Inflation, and so on.

Know Your Monthly SIP Amount

   
My Goal Amount:
Goal Tenure:
Years
Expected Annual Returns:
%
Total investment required is ₹3/month for 20 Years
  or   ₹257 one time (Lumpsum)
to achieve ₹5,000
Invest Now

IDBI Mutual Fund NAV

People can find the IDBI Mutual Fund’s Net Asset Value or NAV on the Association of Mutual Funds in India or AMFI’s website. In addition, the mutual fund company's website also provides these details. Likewise, the past NAV is also mentioned on both the websites.

How to Invest in IDBI Mutual Fund Online?

  1. Open Free Investment Account for Lifetime at Fincash.com.

  2. Complete your Registration and KYC Process

  3. Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!

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IDBI Mutual Fund Statement

IDBI Mutual Fund sends its investors their mutual fund statement on a regular basis through emails or post. Additionally, individuals can also view their mutual fund statements by logging onto the fund house’s website or independent portal’s website.

Corporate Address

5th Floor, Mafatlal Centre, Nariman Point, Mumbai- 400021

Sponsor(s)

IDBI Bank Ltd.

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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