IDBI Focused 30 Equity Fund - Growth Regular

IDBI Focused 30 Equity Fund - Growth Regular is a scheme launched by IDBI Mutual Fund on November 17, 2017, and falls under the Focused fund category. It currently manages an AUM of Rs 164.83 crore. The fund permits investments with a minimum SIP of Rs 1000 and a lump sum of Rs 5000. It charges an expense ratio of 2.52% for managing the portfolio.

• Investing Strategy:

  The investment objective of the Scheme is to generate long term capital appreciation by investing in a concentrated portfolio of equity and equity related instruments of up to 30 companies across market capitalisation. The Scheme may also invest in debt and money market Securities in line with the asset allocation pattern.

• Performance:

  IDBI Focused 30 Equity Fund - Growth Regular trailing returns over different times are -4.95% (1 year), 11.57% (3 year) and 16.45% (5 year). The average annual return of this fund stands at 3.89%.