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Fincash » Mutual Funds » IDBI Nifty Index Fund

IDBI Nifty Index Fund - G

NAV  ₹20.0296 ↓ 0.16   (0.81 %) as on 23 Aug 19

Scheme Objective

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 launched on 25 Jun 10. It is a fund with Moderately High risk and has given a CAGR return of 7.9% since its launch.  Ranked 83 in Index Fund category.  Return for 2018 was 2.8% , 2017 was 27.4% and 2016 was 2.4% .

Below is the key information for IDBI Nifty Index Fund

NAV as on 23 Aug 19₹20.0296 ↓ 0.16   (0.81 %)
Net Assets (AUM) as on 31 Jul 2019 ₹216 Cr.
Launch Date25 Jun 2010
CategoryOthers - Index Fund
Rating
TypeOpen Ended Fund
RiskModerately High
AMCIDBI Asset Management Limited
Alpha Ratio-1.09
Expense Ratio1.94 %
Sharpe Ratio-0.304
Information Ratio-8.58
BenchmarkNot Available
Min Investment ₹5,000
Min SIP Investment ₹500
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Aug 19

DurationReturns
1 Month -4.2%
3 Month -6.7%
6 Month 0.8%
1 Year -6.2%
3 Year 7.4%
5 Year 6%
10 Year
15 Year
Since launch 7.9%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2018 2.8%
2017 27.4%
2016 2.4%
2015 -4.4%
2014 30.8%
2013 7.2%
2012 27.7%
2011 -24.9%
2010

Growth of 10k Over Years

DateValue
31 Jul 14₹10,000
31 Jul 15₹10,991
31 Jul 16₹11,062
31 Jul 17₹12,807
31 Jul 18₹14,304
31 Jul 19₹14,032
IDBI Nifty Index Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash0.39%
Equity99.61%
IDBI Nifty Index Fund Asset Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 11 | HDFCBANK
Banks - Regional - Asia11%₹23 Cr102,292
↑ 1,990
Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 11 | RELIANCE
Oil & Gas Refining & Marketing9%₹19 Cr162,153
↑ 3,122
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Apr 11 | HDFC
Specialty Finance8%₹17 Cr81,477
↑ 1,654
Infosys Ltd (Technology)
Equity, Since 30 Apr 11 | INFY
Information Technology Services7%₹14 Cr179,919
↑ 3,648
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 11 | ICICIBANK
Banks - Regional - Asia6%₹13 Cr305,633
↑ 6,134
ITC Ltd (Consumer Defensive)
Equity, Since 30 Apr 11 | ITC
Tobacco5%₹11 Cr406,545
↑ 8,211
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 11 | TCS
Information Technology Services5%₹11 Cr49,777
↑ 1,006
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 11 | KOTAKBANK
Banks - Regional - Asia4%₹10 Cr63,324
↑ 1,279
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Apr 11 | LT
Engineering & Construction4%₹8 Cr58,510
↑ 1,182
Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 11 | 532215
Banks - Regional - Asia3%₹7 Cr96,795
↑ 2,012
1 - 10 of 52
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Fund Managers

NameSinceTenure
Firdaus Ragina9 Oct 180.31 Yr.

Custodians

CompanyAddress
Stock Holding Corporation of IndiaMittal Court, ‘B’ Wing,,Nariman Point

Registrar & Transfer Agent

Karvy Fintech Pvt Ltd.
Address"KARVY HOUSE",46, Avenue 4, Street No.1,,Banjara Hills,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
IDBI Mutual Fund4th Floor, IDBI Tower, WTC Complex, Cuffe Parade, Colaba Mumbai 400005

Auditors

CompanyAddress
M/s. Ray and RayM/s. Ray and Ray

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
IDBI Nifty Index Fund
Growth
₹20.0296
↑ 0.16
0.81 %-6.16 %7.4 %5.96 %
IDBI Nifty Index Fund
Normal Dividend, Payout
₹19.1005
↑ 0.15
0.8 %-6.16 %7.4 %5.95 %
IDBI Nifty Index Fund
Normal Dividend, Reinvestment
₹19.1005
↑ 0.15
0.8 %-6.16 %7.4 %5.95 %
Data as on 23 Aug 19

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.