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IDBI Nifty Junior Index Fund Direct Growth
Index Funds
Equity
5
Last updated on 2023-01-25
3Y returns
+12.21%
₹32.97
Latest NAV
₹-0.85
1D Change
₹56.15
AUM
Very High Risk
Risk Profile
₹500
Min SIP
₹5000
Min Lumpsum
None
Lock-in period
0.32%
Expense Ratio
Nil
Exit Load
Price Chart
+0.45 1Y return
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Top Holdings
Adani Total Gas Ltd
3.44%
LTIMindtree Ltd
3.40%
Pidilite Industries Ltd
3.36%
Ambuja Cements Ltd
3.33%
Bharat Electronics Ltd
3.09%
View All
Sector Breakdown
Basic Materials
20.53%
Financial Services
17.24%
Consumer Defensive
14.44%
Utilities
13.55%
Industrials
13.04%
View All
Fund Manager
Jayesh Shah
Investment Objective
The investment objective of the scheme is to invest only in and all the stocks comprising the Nifty Next 50 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 Nifty Next 50 Index. The scheme may also invest in derivatives instruments such as Futures and Options linked to stocks comprising the Index or linked to the Nifty Next 50 Index. The scheme will adopt a passive investment strategy and will seek to achieve the investment objective by minimizing the tracking error between the Nifty Next 50 Index (Total Returns Index) and the Scheme.
Download Scheme Document