Product Snapshot

 
Fund Name
IDBI LONG TERM VALUE FUND  
 
NatureAn open ended equity scheme following value investment strategy
Investment ObjectiveThe Investment Objective of the Scheme is to generate long-term capital appreciation along with regular income by investing predominantly in equity and equity related instruments by following value investing strategy. However, there can be no assurance that the investment objective of the Scheme will be realized.
Asset AllocationThe asset allocation pattern for the scheme under normal circumstances is detailed in the table below:
Instrument Indicative allocation
(% of total assets)
Risk Profile
  Minimum Maximum  
Equity and Equity relatedinstruments 65% 100% High
Debt and Money MarketInstruments including CBLO 0% 35% Low to Medium
Units issued by Real EstateInvestment Trusts (REITs) &Infrastructure InvestmentTrusts (InvITs) 0% 10% Medium to High
For more details about asset allocation, please refer to the Scheme Information Document (SID)
Fund ManagerMs. Uma Venkatraman
Co-Fund ManagerMs. Ayushi Sethia
BenchmarkS&P BSE 500- Total Returns Index (TRI)
Face ValueRs. 10/- per unit
Entry LoadNot Applicable.
Exit Load
  • If units of the Scheme are redeemed or switched out up to 10% of the units (the limit) within 12 months from the date of allotment - Nil.
  • If units of the scheme are redeemed or switched out in excess of the limit within 12 months from the date of allotment - 1% of the applicable NAV.
  • If units of scheme are redeemed or switched out after 12 months from the date of allotment - Nil.
Taxation
For Equity Oriented Funds Resident Investors** Mutual Fund**
Tax on Dividend (Dividend Distribution Tax)

Nil

10% p.a (plus applicable surcharge & cess)
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 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. Dividend Option
  2. Growth Option
Minimum InvestmentRs. 5000 and in multiples of Re. 1 thereafter
Additional PurchaseRs. 1000 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 minimum 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 growth
  • Investment in equity and equity related instruments by following value investment strategy.
*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.