IDBI-MF-Logo
Speaker default blue Red green A+ A-
Hamburger-Icon
Quick Menu
INVEST NOW

Fund Snapshot

You are here :

IDBI HEALTHCARE FUND

An open-ended equity scheme investing in Healthcare and Allied sectors
Invest Now

Fund Manager

contact-image

Mr. Alok Ranjan

Total Experience: Over 25 Years (Managing this Scheme since 6th August, 2021)

Other Funds Managed by Mr. Alok Ranjan - Click Here

Fund Information

NAV

As on 28 Jul 23

IDCW stands for Income Distribution cum Capital Withdrawal

Fund Category

Sectoral

Inception

28 Feb 2019

Benchmark

S&P BSE Healthcare – Total Return Index (TRI)
Benchmark RiskometerBENCHMARK RISKOMETER
graph
*Investor should consult their financial advisors if in doubt about whether the product is suitable for them.

Entry Load

Not applicable

Exit Load

1% for exit within 12 months from the date of allotment.

Face Value

10/- per unit

Returns

As of last business day of the month- June 2023

10.55%

Investment Essentials

Minimum Application Amount

Minimum Lumpsum Amount:
 Rs. 5,000/- and in multiples of Re. 1
Minimum Additional Lumpsum Amount:
Rs. 1,000/- and in multiples of Re. 1
Systematic Investment Plan (SIP) Options
Monthly Option:
Rs. 500/- (and in multiples of Re. 1) for minimum 12 months
or
Rs. 1000 (and in multiples of Re. 1) for minimum 6 months

Quarterly Option:
Rs. 1500/- (and in multiples of Re. 1) for minimum 4 quarters.
(Investments above the minimum amount mentioned, shall be made in multiples of Re. 1)

SCHEME LABEL

Riskometer
graph

This product is suitable for investors who are seeking*

  • Long term capital appreciation
  • Investment predominantly in Equity & Equity related instruments of companies engaged in Healthcare & Allied Sectors
*Investor should consult their financial advisors if in doubt about whether the product is suitable for them.

Investment Objective

The 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.

Who should Invest?

  • Investors looking for the benefits from growth opportunities available in Healthcare and Allied sectors.
  • Investor looking to invest in equity sectoral theme which predominately invests in companies engaged in Healthcare and Allied sectors.
  • Investors with long term investment horizon i.e. 3 years and above.
  • Regular investors willing to have a tactical allocation to their overall equity portfolio.

Portfolio as on 30/6/2023

*Rounded off to the nearest two digits after the decimal point.

Scheme Performance as of last business day of the month - June 2023

Regular Plan

Schemes managed by Fund Manager (FM) - Mr. Alok Ranjan     Experience - Over 25 years
Returns (in %)Value of Rs. 10,000/- invested
PeriodSchemeBenchmark# Additional Benchmark##Scheme (Rs.)Benchmark# (Rs.) Additional Benchmark## (Rs.)
1 year10.5520.3422.9111,05512,034 12,291
3 years11.2617.3724.5413,77416,16719,315
Since Inception (SI) Date: 28 February, 2019 14.2316.4115.5717,81019,32518,732
FM managing this Scheme Since 6th August, 2021
The Regular Plan of this scheme is in existence for a period less than 3 years.
# S&P BSE Healthcare - TRI, ## NIFTY 50 - TRI

Direct Plan

Schemes managed by Fund Manager (FM) - Mr. Alok Ranjan     Experience - Over 25 years
Returns (in %)Value of Rs. 10,000/- invested
PeriodSchemeBenchmark# Additional Benchmark##Scheme (Rs.)Benchmark# (Rs.) Additional Benchmark## (Rs.)
1 year11.9320.3422.9111,19312,034 12,291
3 years12.6417.3724.5414,29116,16719,315
Since Inception (SI) Date: 28 February, 2019 15.8816.4115.5718,95019,32518,732
FM managing this Scheme Since 6th August, 2021
The Direct Plan of this scheme is in existence for a period less than 3 years.
# S&P BSE Healthcare - TRI, ## NIFTY 50 - TRI
Past Performance may or may not be sustained in the future. Returns pertain to growth option under Regular & Direct Plan. The returns are Compounded Annual Growth Returns (CAGR) for past 1 year, 3 years, 5 years & since inception period and annualised for the period below 1 year. The Regular and Direct Plan of IDBI Mutual Fund have different expense structure.
Go
Scheme Name Option NAV Per Unit(Rs) NAV Date