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IDBI NIFTY JUNIOR INDEX FUND

An open-ended scheme replicating / tracking the Nifty Next 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

20 Sep 2010

Benchmark

NIFTY Next 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

55.80%

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