Rating: ★ ★ ☆ ☆ ☆

IDFC Infrastructure Fund - Direct Plan - Growth

Equity

  

Sectoral Fund

NAV

11.34 + 0.18

as on (29 May, 2020)

RETURNS

-11.54 %

Fund Type

Open Ended

Investment Plan

Growth

Expense Ratio

1.41 %

Benchmark

IISL Nifty Infrastructure TR INR

Asset Size

478.61 Cr.

(As of 30 Apr, 2019)

Risk

High

Objective

The investment objective of the scheme is to seek to generate long-term capital growth through an active diversified portfolio of predominantly equity and equity related instruments of companies that are participating in and benefiting from growth in Indian infrastructure and infrastructural related activities. However, there can be no assurance that the investment objective of the scheme will be realized.

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Fund manager

Rajendra Mishra

(since 27 Jun, 2013)

Exit load

1 %

(If redeemed within 365 days)

Minimum sip

₹ 100

minimum investment

₹ 5000

Top Holdings

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.

Company

Assets

Larsen & Toubro Ltd

8.25 %

UltraTech Cement Ltd

4.91 %

Adani Ports & Special Economic Zone Ltd

4.69 %

Container Corporation of India Ltd

4.57 %

Sector Allocation

About the Scheme Type

Sectoral Fund

As the name suggests, Sectoral Funds invest in specific sectors of the economy. These funds are less diversified as they invest entirely in a particular sector; hence, their risk factor also depends on the respective sector’s performance, this carrying high risk. For example, a FMCG fund will only invest in FMCG companies while a tech fund will invest in only tech companies.The aim of these funds is to give investors a chance to benefit from the growth prospects of a particular fund.

Ratings

This fund is rated 2 stars by Morning Star Ratings.

★ ★ ☆ ☆ ☆

Overview of IDFC Asset Management Company Limited

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.