IDBI Nifty50 Index Fund IDCW

IDBI Nifty50 Index Fund IDCW is a scheme launched by IDBI Mutual Fund on June 25, 2010, and falls under the Index fund category. It currently manages an AUM of Rs 201.29 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 5000. It charges an expense ratio of 0.9% for managing the portfolio.

• Investing Strategy:

  The scheme will invest in the stocks comprising the S&P CNX Nifty Index in the same weights as these stocks represented in the index with the intent to replicate the performance of the Total Returns Index of S&P CNX Nifty.

• Performance:

  IDBI Nifty50 Index Fund IDCW trailing returns over different times are NA% (1 year), NA% (3 year) and NA% (5 year). The average annual return of this fund stands at NA%.