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Fincash » Mutual Funds » IDBI Nifty Index Fund

IDBI Nifty Index Fund - G

NAV  ₹32.8137 ↑ 0.45  (1.38 %) as on 3 Feb 23

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 9.9% since its launch.  Ranked 83 in Index Fund category.  Return for 2022 was 4.7% , 2021 was 23.5% and 2020 was 14.7% .

Below is the key information for IDBI Nifty Index Fund

NAV as on 3 Feb 23₹32.8137 ↑ 0.45  (1.38 %)
Net Assets (AUM) as on 31 Dec 2022 ₹201 Cr.
Launch Date25 Jun 2010
CategoryOthers - Index Fund
Rating
TypeOpen Ended Fund
RiskModerately High
AMCIDBI Asset Management Limited
Alpha Ratio-0.94
Expense Ratio0.9 %
Sharpe Ratio0.055
Information Ratio-3.9
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 3 Feb 23

DurationReturns
1 Month -2.1%
3 Month -1.3%
6 Month 2.5%
1 Year 2%
3 Year 15%
5 Year 10.6%
10 Year
15 Year
Since launch 9.9%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2022 4.7%
2021 23.5%
2020 14.7%
2019 12.3%
2018 2.8%
2017 27.4%
2016 2.4%
2015 -4.4%
2014 30.8%

Growth of 10k Over Years

DateValue
31 Jan 18₹10,000
31 Jan 19₹9,806
31 Jan 20₹10,853
31 Jan 21₹12,347
31 Jan 22₹15,622
31 Jan 23₹15,969
IDBI Nifty Index Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash0.07%
Equity99.93%
IDBI Nifty Index Fund Asset Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 11 | RELIANCE
Oil & Gas Refining & Marketing11%₹22 Cr86,609
↑ 91
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 11 | HDFCBANK
Banks - Regional9%₹18 Cr110,587
↑ 249
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 11 | ICICIBANK
Banks - Regional8%₹16 Cr175,117
↑ 406
Infosys Ltd (Technology)
Equity, Since 30 Apr 11 | INFY
Information Technology Services7%₹14 Cr91,897
↑ 103
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Apr 11 | HDFC
Mortgage Finance6%₹12 Cr45,266
↓ -210
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 11 | TCS
Information Technology Services4%₹8 Cr25,717
↑ 42
ITC Ltd (Consumer Defensive)
Equity, Since 30 Apr 11 | ITC
Tobacco4%₹7 Cr221,211
↑ 599
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 11 | KOTAKBANK
Banks - Regional3%₹7 Cr36,388
↓ -434
Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 11 | AXISBANK
Banks - Regional3%₹6 Cr67,920
↑ 1,716
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Apr 11 | LT
Engineering & Construction3%₹6 Cr30,338
↑ 54
1 - 10 of 53
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Fund Managers

NameSinceTenure
Jayesh Shah12 Jul 220.47 Yr.

Custodians

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

Registrar & Transfer Agent

KFin Technologies Ltd
AddressKFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar,
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
₹32.8137
↑ 0.45
2.48 %2.02 %14.97 %10.59 %
IDBI Nifty Index Fund
Normal Dividend, Payout
₹31.3091
↑ 0.43
2.48 %2.01 %14.99 %10.6 %
IDBI Nifty Index Fund
Normal Dividend, Reinvestment
₹31.3091
↑ 0.43
2.48 %2.01 %14.99 %10.6 %
Data as on 3 Feb 23

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