Product Snapshot

 
Fund Name
IDBI INDIA TOP 100 EQUITY FUND  
 
NatureLarge Cap Fund - An open-ended equity scheme predominantly investing in large cap stocks.
Investment Objective The Investment objective of the Scheme is to provide investors with the opportunities for long-term capital appreciation by investing predominantly in Equity and Equity related Instruments of Large Cap companies. 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  
Equities and equity related instruments of large cap Companies  80% 100% High
Equities and Equity related instruments of other than Large Cap Companies 0% 20% High
Debt and Money market instruments 0% 20% Low to Medium
Units issued by Real Estate Investment Trusts (REITs) & Infrastructure Investment Trusts (InvITs) 0% 10% Medium to High
For more details on Asset Allocation please refer Scheme Information Document(SID)
Fund Manager Mrs. Uma Venkatraman
BenchmarkNifty 100 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 India Top 100 Equity Fund Resident Investors** Mutual Fund**
Tax on Dividend Nil Nil
Capital Gains
  • Long Term
  • Short Term
Nil
15% (+ applicable surcharge and cess)
Nil
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 the following modes of dividend:
  • Payout
  • Re-investment
  • 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 atleast 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 thereafterfor 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 growth
  • Investments predominantly in large cap equity and equity related instruments
*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
Disclaimer of IISL:

The IDBI India Top 100 Equity Fund offered by IDBI Mutual Fund or its affiliates is not sponsored, endorsed, sold or promoted by India Index Services & Products Limited (IISL) and its affiliates. IISL and its affiliates do not make any representation or warranty, express or implied (including warranties of merchantability or fitness for particular purpose or use) and disclaims all liability to the owners of IDBI India Top 100 Equity Fund or any member of the public regarding the advisability of investing in securities generally or in the IDBI India Top 100 Equity Fund linked to Nifty 100-TRI or particularly in the ability of the Nifty 100-TRI to track general stock market performance in India. Please read the full Disclaimers in relation to the Nifty 100-TRI in the Scheme Information Document.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.