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Fincash » Mutual Funds » IDBI Nifty Junior Index Fund

IDBI Nifty Junior Index Fund - G

NAV  ₹55.134 ↑ 0.46  (0.85 %) as on 15 Jul 24

Scheme Objective

The investment objective of the scheme is to invest in the stocks and equity related instruments comprising the CNX Nifty Junior 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 CNX Nifty Junior Index. The scheme will adopt a passive investment strategy and will seek to achieve the investment objective by minimizing the tracking error between the CNX Nifty Junior Index (Total Returns Index) and the scheme.

IDBI Nifty Junior Index Fund is a Others - Index Fund fund launched on 20 Sep 10. It is a fund with Moderately High risk and has given a CAGR return of 13.2% since its launch.  Ranked 8 in Index Fund category.  Return for 2023 was 25.7% , 2022 was 0.4% and 2021 was 29.6% .

Below is the key information for IDBI Nifty Junior Index Fund

NAV as on 15 Jul 24₹55.134 ↑ 0.46  (0.85 %)
Net Assets (AUM) as on 31 May 2024 ₹84 Cr.
Launch Date20 Sep 2010
CategoryOthers - Index Fund
Rating
TypeOpen Ended Fund
RiskModerately High
AMCIDBI Asset Management Limited
Alpha Ratio-1.05
Expense Ratio0.73 %
Sharpe Ratio3.025
Information Ratio-7.27
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 15 Jul 24

DurationReturns
1 Month 3.4%
3 Month 19.7%
6 Month 35%
1 Year 67%
3 Year 23.8%
5 Year 22%
10 Year
15 Year
Since launch 13.2%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 25.7%
2022 0.4%
2021 29.6%
2020 13.7%
2019 0.5%
2018 -9.3%
2017 43.6%
2016 6.9%
2015 5.8%

Growth of 10k Over Years

DateValue
30 Jun 19₹10,000
30 Jun 20₹9,439
30 Jun 21₹13,921
30 Jun 22₹13,254
30 Jun 23₹15,852
30 Jun 24₹25,768
IDBI Nifty Junior Index Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash0.63%
Equity99.37%
IDBI Nifty Junior Index Fund Asset Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
Bharat Electronics Ltd (Industrials)
Equity, Since 30 Sep 22 | BEL
Aerospace & Defense5%₹4 Cr148,128
↑ 1,181
Trent Ltd (Consumer Cyclical)
Equity, Since 30 Sep 23 | 500251
Apparel Retail5%₹4 Cr9,136
↑ 26
Hindustan Aeronautics Ltd Ordinary Shares (Industrials)
Equity, Since 30 Sep 22 | HAL
Aerospace & Defense5%₹4 Cr7,780
↑ 115
Tata Power Co Ltd (Utilities)
Equity, Since 31 Aug 22 | 500400
Utilities - Independent Power Producers4%₹3 Cr70,433
↑ 1,106
Power Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 24 | 532810
Credit Services4%₹3 Cr59,970
↑ 288
REC Ltd (Financial Services)
Equity, Since 31 Mar 24 | 532955
Credit Services3%₹3 Cr51,223
↑ 548
Siemens Ltd (Industrials)
Equity, Since 30 Apr 13 | 500550
Specialty Industrial Machinery3%₹3 Cr3,684
↓ -03
Vedanta Ltd (Basic Materials)
Equity, Since 31 Mar 21 | 500295
Other Industrial Metals & Mining3%₹3 Cr55,642
↑ 780
InterGlobe Aviation Ltd (Industrials)
Equity, Since 30 Sep 16 | INDIGO
Airlines3%₹2 Cr5,900
↑ 77
Indian Oil Corp Ltd (Energy)
Equity, Since 31 Mar 22 | IOC
Oil & Gas Refining & Marketing3%₹2 Cr152,088
↑ 1,553
1 - 10 of 52
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Fund Managers

NameSinceTenure
Sumit Bhatnagar3 Oct 230.66 Yr.

Custodians

CompanyAddress
Standard Chartered Bank - IndiaStandard Chartered Bank - India

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
LIC Mutual Fund4th Floor, Industrial Assurance Bldg.,Opp.Churchgate Station,Churchgate

Auditors

CompanyAddress
S. R. BATLIBOI & CoExpress Tower, 6th Floor,Nariman Point,Mumbai

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
IDBI Nifty Junior Index Fund
Growth
₹55.134
↑ 0.46
34.97 %67.03 %23.83 %21.99 %
IDBI Nifty Junior Index Fund
Normal Dividend, Payout
₹55.134
↑ 0.46
34.97 %67.03 %23.83 %21.99 %
IDBI Nifty Junior Index Fund
Normal Dividend, Reinvestment
₹55.134
↑ 0.46
34.97 %67.03 %23.83 %21.99 %
Data as on 15 Jul 24

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