Product Snapshot

 
Fund Name
IDBI HEALTHCARE FUND  
 
NatureAn open-ended equity scheme investing in Healthcare and Allied sectors
Investment ObjectiveThe objective of the Scheme is to achieve long term capital appreciation by predominantly investing in equity and equity related instruments of companies engaged in Healthcare and Allied sectors. However there can be no assurance that the investment objective under the scheme will be realized.
Asset Allocation
Instrument Indicative allocation
(% of total assets)
Risk Profile
  Minimum Maximum  
Equity & Equity related instruments of companies engaged in Healthcare and Allied sectors 80% 100% High
Equity and Equity related instruments of companies engaged in other than Healthcare and Allied sectors 0% 20% High
Debt and Money Market instruments including Mutual Fund Liquid Schemes 0% 20% Low to Medium
Units issued by Real Estate Investment Trusts (REITs) & Infrastructure Investment Trusts (InvITs) 0% 10% Medium to High
For complete details please refer SID
Fund ManagerMs. Uma Venkatraman
BenchmarkS&P BSE Healthcare - Total Return Index (TRI)
face valueRs. 10/- per unit
Entry LoadNot Applicable 
Exit LoadIf units of the schemes are redeemed (Repurchase/Switch-out/Transfer/SWP) within 12 months from the date of allotment: 1%
Taxation
For Equity Oriented Fund Resident Investor** Mutual Fund**
Dividend Distribution Tax (DTT) Nil Individual/HUF - 25% p.a (plus applicable surcharge & cess)
Others - 30%p.a (plus applicable surcharge & cess)
Capital Gain    
Long Term Capital Gains (LTCG) (units held for more than 12 months) 10% on LTCG, in excess of Rs.1 lakh in afinancial 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 equity oriented 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 and independently refer to your tax advisor.
Plans & Options
The Scheme offers following plans for investment:-
  • Regular Plan
  • Direct Plan
Within each Plan there are two Options:
  1. Growth Option
  2. Dividend Option
The Dividend option under both Plans offers following modes of dividend:
  • Dividend Payout
  • Dividend Re-investment
  • Dividend Sweep
Minimum InvestmentMinimum Rs. 5,000/- and in multiples of Re. 1 thereafter.
Additional PurchaseMinimum Rs. 1,000/- and in multiples of Re. 1 thereafter.
Systematic Investment Plan (SIP)
Rs. 500/- per month for a minimum period of 12 months
Rs. 1000/- per month for a minimum period of 6 months.
Rs. 1500/- per quarter for aminimum period of 4 quarters.
Investments above minimum amount mentioned, shall be made in multiples of Re. 1 for all SIP in both Options irrespective of frequency of SIP
Riskometer
This product is suitable for investors who are seeking*:
  • Long term capital appreciation
  • Investment predominantly in equity and equity related instruments of companies engaged in Healthcare & Allied Sectors
*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.