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 Mr. Ashish Mishra
BenchmarkS&P BSE 500 Index-TRI
Face ValueRs. 10/- per unit.
Entry Load Not Applicable
Exit Load For NFO & Ongoing basis:
1% for exit within 12 months from the date of allotment.
For SIP:
1% for exit within 12 months from the date of allotment of each instalment.
Taxation
IDBI Diversified Equity Fund Resident Investor** Mutual Fund**
Tax on Dividend Nil Nil
Capital Gain    
Long Term Nil Nil
Short Term 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 -
Rs. 500 and in multiples of Re. 1/- thereafter per month, for at least 12 months or
Rs. 1000 and in multiples of Re. 1/- thereafter per month, for a minimum period of 6 months.
Quarterly option - Rs. 1500 and in multiples of Re. 1/- per quarter thereafter for a minimum period of 4 quarters.
Investments above the minimum amount mentioned, shall be made in multiples of Re. 1 for all SIP irrespective of frequency of SIP or the Option
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.