IDBI Midcap Fund Growth Regular

IDBI Midcap Fund Growth Regular is a scheme launched by IDBI Mutual Fund on January 25, 2017, and falls under the Mid Cap fund category. It currently manages an AUM of Rs 329.93 crore. The fund permits investments with a minimum SIP of Rs 1000 and a lump sum of Rs 5000. It charges an expense ratio of 2.48% for managing the portfolio.

• Investing Strategy:

  To provide investors with the opportunities for long-term capital appreciation by investing predominantly in Equity and Equity related instruments of Midcap Companies.

• Performance:

  IDBI Midcap Fund Growth Regular trailing returns over different times are -4.74% (1 year), 18.18% (3 year) and 21.69% (5 year). The average annual return of this fund stands at 13.29%.