Rating: ★ ★ ★ ☆ ☆

IDFC Hybrid Equity Fund Direct Plan Growth

Hybrid

  

Aggressive Hybrid Fund

NAV

10.59 0

as on (04 Jun, 2020)

RETURNS

-1.43 %

Fund Type

Open Ended

Investment Plan

Growth

Expense Ratio

1.13 %

Benchmark

CRISIL Hybrid 35+65 - Agg TR INR

Asset Size

517.45 Cr.

(As of 30 Apr, 2019)

Risk

Moderately High

Objective

The Fund seeks to generate long term capital appreciation by investing predominantly in equity and equity related instruments.The Fund also seeks to generate current income by investing in debt securities and money market instruments.

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Fund manager

Anoop Bhaskar

(since 30 Dec, 2016)

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

HDFC Bank Ltd

5.88 %

Reliance Industries Ltd

3.81 %

Axis Bank Ltd

2.69 %

Infosys Ltd

2.6 %

Sector Allocation

About the Scheme Type

Aggressive Hybrid Fund

Aggressive Hybrid Funds are open ended schemes which invest a large portion of their assets – 65 to 80%, in equity and equity related instruments. The remaining, at least 20%, needs to be invested in debt instruments. Because of the debt component as well, they’re less risky as compared to pure play equity mutual funds but their returns are also less, for the same reason. These funds allow the fund manager to take advantage of arbitrage opportunities, meaning the fund manager can buy securities at a low price in one stock exchange and sell them ata higher price in the other.

Ratings

This fund is rated 3 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.