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IDBI NIFTY INDEX FUND

An open-ended scheme replicating / tracking the Nifty 50 Index [Total Returns Index]

Fund Manager

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Mr. Firdaus Marazban Ragina

Total Experience: Over 21 Years (Managing the Scheme since 9th October 2018)

Other Funds Managed by Mr. Firdaus Marazban Ragina - Click Here

Fund Information

IDCW stands for Income Distribution cum Capital Withdrawal

Fund Category

Index Fund

Inception

25 Jun 2010

Benchmark

NIFTY 50 - Total Return Index -TRI
Benchmark RiskometerBENCHMARK RISKOMETER
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*Investor should consult their financial advisors if in doubt about whether the product is suitable for them.

Entry Load

Not Applicable

Exit Load

Nil

Face Value

Rs. 10/- per unit

Returns

As of last business day of the month- September 2021

55.76%

Investment Essentials

Minimum Application Amount

Minimum Lumpsum Amount:
Rs. 5000/- and in multiples of Re. 1
Minimum Additional Lumpsum Amount:
Rs. 1000/- and in multiples of Re. 1
Systematic Investment Plan (SIP) Options
Monthly Option:
Rs. 500/- per month for a minimum period of 12 months
Or
Rs. 1000/- per month for a minimum period of 6 months

Quarterly Option:
Rs. 1500/- per quarter for a minimum period of 4 quarters

SCHEME LABEL

Riskometer
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This product is suitable for investors who are seeking*

  • Long term growth in passively managed schemes tracking NIFTY 50 Index (TRI)
  • Investment only in and all stocks comprising NIFTY 50 Index in the same weight of those stocks as in Index with objective to replicate performance of NIFTY 50 Index (TRI)
*Investor should consult their financial advisors if in doubt about whether the product is suitable for them.