IDBI Nifty Junior Index Fund Growth
Fund House: IDBI Mutual Fund| Category: Index Fund |
| Launch Date: 20-09-2010 |
| Asset Class: Equity |
| Benchmark: Nifty Next 50 TRI |
| Expense Ratio: 0.9% As on (31-10-2022) |
| Status: Open Ended Schemes |
| Minimum Investment: 5000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 57.31 Cr As on (31-10-2022) |
| Turn over: 42% | Exit Load: Nil |
32.6972
0.4 (1.2331%)
10.2%
NIFTY 100 Equal Weight TRI 20.9%
PERFORMANCE
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Investment Objective
The scheme seeks to invest only in and all the stocks comprising the CNX Nifty Junior Index in the same weights of these stocks as in the Index with the objective to replicate the performance of the Total Returns Index of CNX Nifty Junior Index.
Current Asset Allocation (%)
Indicators
| Volatility | 14.31 |
| Sharp Ratio | 0.55 |
| Alpha | -1.59 |
| Beta | 0.91 |
| Yield to Maturity | - |
| Average Maturity | - |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| IDBI Nifty Junior Index Fund Growth | 20-09-2010 | 5.2 | 20.07 | 14.92 | 7.69 | 13.48 |
| Motilal Oswal Nifty Bank Index - Regular Plan | 05-09-2019 | 20.8 | 19.98 | 9.71 | - | - |
| DSP Nifty 50 Equal Weight Index Fund - Regular Plan - Growth | 02-10-2017 | 13.55 | 26.32 | 19.6 | 11.49 | - |
| HDFC NIFTY50 Equal weight Index Fund - Growth Option | 18-08-2021 | 13.25 | - | - | - | - |
| Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund-Regular Growth | 08-06-2021 | 12.98 | - | - | - | - |
| IDFC Nifty 50 Index Fund - Regular Plan - Growth | 02-04-2010 | 11.56 | 20.97 | 16.79 | 13.89 | 13.22 |
| UTI Nifty 50 Index Fund - Regular Plan - Growth Option | 06-03-2000 | 11.54 | 21.39 | 16.79 | 13.92 | 13.12 |
| ICICI Prudential S&P BSE Sensex Index Fund - Cumulative Option | 05-09-2017 | 11.53 | 20.3 | 16.59 | 14.43 | - |
| HDFC Index Fund-S&P BSE Sensex Plan - Growth Plan | 01-07-2002 | 11.52 | 20.38 | 16.31 | 14.45 | 13.45 |
| DSP Nifty 50 Index Fund - Regular Plan - Growth | 02-02-2019 | 11.42 | 21.15 | 16.48 | - | - |
Scheme Characteristics
Minimum investment in securities of a particular index (which is being replicated/ tracked) - 95% of total assets.
Riskometer
PORTFOLIO
Market Cap Distribution
Others
0.16%
Large Cap
89.73%
Mid Cap
10.11%
Tax Benefits of investing in this fund
Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#
Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.
Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **
# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund
