Rating: ★ ★ ☆ ☆ ☆

IDFC Multi Cap Fund-Direct Plan-Growth

Equity

  

Multi Cap Fund

NAV

84.07 + 0.54

as on (03 Jun, 2020)

RETURNS

-1.83 %

Fund Type

Open Ended

Investment Plan

Growth

Expense Ratio

1.31 %

Benchmark

S&P BSE 500 India TR INR

Asset Size

4497.95 Cr.

(As of 30 Apr, 2019)

Risk

Moderately High

Objective

To generate long-term capital growth from an actively managed portfolio of predominantly equity and equity related instruments. The Scheme portfolio would acquire, inter alia, small and medium size businesses with good long term potential, which are available at cheap valuations. Such securities would be identified through disciplined fundamental research keeping in view medium to longterm trends in the business environment. The Scheme shall endeavor to accumulate long-term investor wealth by opening subscriptions to units during periods when stocks are available at reasonable valuations. By doing so, the Fund managers would endeavor to prevent short-term money from flowing into the fund which can prove detrimental to the interests of long-term investors. As the scheme would be sold to investors with a long-term investment horizon, it is also expected that the portfolio would remain relatively more insulated to day to day redemption pressures.

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Fund manager

Anoop Bhaskar

(since 30 Apr, 2016)

Exit load

1 %

(If redeemed within 365 days)

Minimum sip

₹ 100

minimum investment

₹ 10000

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

HDFC Bank Ltd

4.51 %

3M India Ltd

3.95 %

Kotak Mahindra Bank Ltd

3.53 %

Bata India Ltd

3.31 %

Sector Allocation

About the Scheme Type

Multi Cap Fund

Multi-cap funds invest in stocks across market capitalizations, comprising large cap, mid cap and small cap stocks. This flexibility means that multi cap funds, at any given time, benefit from that segment of the market which performs better.These are relatively less riskier in comparison to pure mid-cap or small- cap funds and are mostly suitable for the not so aggressive investors. Due to their non-volatile nature, the multi cap funds are usually better wealth creators in the long run andprovide both growth and value to investors.

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.