(As of 30 Apr, 2019)
The investment objective of the scheme is to replicate the Nifty 50 by investing in securities of the Nifty 50 in the same proportion / weightage. However, there is no assurance or guarantee that the objectives of the scheme will be realized and the scheme does not assure or guarantee any returns .
(since 01 Mar, 2017)
(If redeemed within 7 days)
This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.
HDFC Bank Ltd
Reliance Industries Ltd
Housing Development Finance Corp Ltd
Index Mutual Funds imitate the benchmark indices not just comprising the same securities but also in the same proportion.They track the composition of standard benchmark indices suchas Nifty 50 or Sensex and are passively managed – without any intervention from the fund manager. This also means that IndexMutual Fund scheme will perform in line with the benchmark index it’s tracking, replicating the returns at a minimal cost.
This fund is rated 3 stars by Morning Star Ratings.
IDFC Asset Management Company Limited finds its roots back to 2000 when it was established and which has since gone on to become one of the largest fund houses in India (in terms of AUM). The IDFC Mutual Fund provides its services to institutional and retail investors and has developed a robust network to deliver consistent value to its investors across India. The IDFC Fund manages equity, fixed income, and balanced mutual funds for its clients and invests in public equity and fixed income markets of India. The firm obtains external research to complement its in- house research. IDFC Asset Management Company Limited operates as a subsidiary of IDFC Financial Holding Company Limited.