Product Snapshot

 
Fund Name
IDBI DIVERSIFIED EQUITY FUND  
 
NatureMulti Cap Fund - An open-ended equity scheme investing across large cap, mid cap, small cap stocks.
Investment Objective The Investment objective of the Scheme is to provide investors with the opportunities for long-term capital appreciation by investing in a diversified portfolio of Equity and Equity related Instruments across market capitalization. However there can be no assurance that the investment objective under the Scheme will be realized.
Asset Allocation The asset allocation pattern for the scheme is detailed in the table below:
Instrument Indicative allocation
(% of total assets)
Risk Profile
  Minimum Maximum  
Equity and equity related instruments across market capitalization         65% 100% High
Debt and Money Market instruments 0% 35% Low to Medium
Units issued by Real Estate Investment Trusts (REITs) & Infrastructure Investments Trusts (InvITs) 0% 10% Medium to High
For more details on Asset Allocation please refer Scheme Information Document(SID)
Fund Manager Ms. Uma Venkatraman
BenchmarkS&P BSE 500 Index-TRI
Face ValueRs. 10/- per unit.
Entry Load Not Applicable
Exit Load 1% for exit (Redemption/ Switch-out/ Transfer/SWP) within 12 months from the date of allotment 
Taxation
IDBI Diversified Equity Fund Resident Investor** Mutual Fund**
Tax on Dividend (Dividend Distribution Tax)

Nil

10% p.a (plus applicable surcharge
Capital Gain    
Long Term Capital Gain (LTCG) (units held for more than 12 months) 10% on LTCG, in excess of Rs.1 lakh in a financial year. No indexation benefit is available on computation of such LTCG

Nil

Short Term Capital Gain (STCG) (units held for less than 12 months) 15% (plus applicable surcharge and cess)

Nil


Unit holders of the Scheme will be charged securities transaction tax (STT) at applicable rate on value of redemption of units
** For further details on taxation please refer to the Section on Taxation in the SAI
Plans & Options
The Scheme offers following plans for investment:-
  • Regular Plan
  • Direct Plan
Within each Plan there are two Options:
  1. Dividend Option
  2. Growth Option
The Dividend option under both Plans offers following modes of dividend:
  • Dividend Payout
  • Dividend Re-investment
  • Dividend Sweep
Minimum Investment Rs. 5000 and in multiples of Re. 1 thereafter.
Additional Purchase Rs.1000 and in multiples of Re. 1 thereafter.
Systematic Investment Plan (SIP)
Monthly option -
Minimum Rs. 500/- per month for a minimum period of 12 months or Minimum Rs. 1000/- per month for a minimum period of 6 months.
Quarterly option -  Minimum Rs. 1500/- per quarter for a minimum period of 4 quarters.

Minimum amount mentioned shall be made in multiples of Re.1/- 

Riskometer
This product is suitable for investors who are seeking*:
  • Long term capital appreciation
  • Investments in a diversified portfolio consisting of equity & equity related instruments across market capitalization
*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.