IDFC Equity Savings Fund-Direct Plan-Growth

IDFC Equity Savings Fund-Direct Plan-Growth of IDFC Mutual Fund has asset class type as Arbitrage. Oro Wealth rating for the fund is 4.

Basic Details

Riskometer

Moderate

Expense Ratio (%)

0.89

Age

NA Years

Fund Manager

Rajendra Mishra

AuM (Rs Crores)

149.0142

Asset Class

Arbitrage

Net Asset Value:

20.28

Rating

4

Exit Load

0.01

Benchmark

Crisil Liquid Fund Index,Nifty 50 TRI

Fund Type

Arbitrage

SEBI Category

Equity Savings

Turnover Ratio(Monthly)

13.45 Times

Fund Manager Details:

Rajendra Mishra PGDM(IIM Lucknow) B.E. Prior to joining IDFC AMC he has worked with JP Morgan, Asian Paints and Telco.

Objective:

To generate income by predominantly investing in arbitrage opportunities in the cash and derivatives segments of the equity markets along with debt and money market instruments and to generate long-term capital appreciation by investing a portion of the Scheme's assets in equity and equity related instruments.

Top Holdings:

  • Banks (12.4)
  • Pharmaceuticals (6.85)
  • Textiles (6.6)
  • Finance (5.8)
  • Automobile (5.41)
  • Gas Distribution (4.99)
  • Steel (4.18)
  • IT - Software (3.35)
  • Mining & Mineral products (2.71)
  • Refineries (2.19)


  • Top 5 Sector Allocations of the Fund
    Top 5 Company Allocations of the Fund
    Debt Composition