IDBI Mutual Fund is sponsored by IDBI Bank Ltd. It is one of the largest banks in India, with 1853 branches and 3370 ATMs spread across the country. It helped shape the financial structure of India, first as a development financial institution and later as a full-fledged commercial bank.
The bank offers its clients various products and services, including project financing, term lending, working capital loans, lease finance, venture capital, and corporate advisory services. View More
IDBI Mutual Fund Key Information
- Name of the Mutual Fund
- IDBI Asset Management Limited
- Setup Date
- 29th March 2010
- Date of Incorporation
- 25th January 2010
- Sponsor Name
- IDBI Bank Limited
- Trustee Name
- IDBI MF Trustee Company Ltd
- Compliance Officer
- Mr Chandra Bhushan
- Assets Managed
- INR 3861.70 crore (Jun-30-2022)
- Auditor
- M/s Ray & Ray
- Custodian
- M/s Stock Holding Corporation of India Ltd.
- Registrars
- M/s Karvy Computershare Pvt. Limited
- Telephone Nos.
- 022-66442800
- Fax Nos.
- 022-66442802
- contactus@idbimutual.co.in
IDBI Mutual Fund Managers
Alok Ranjan - Equity - Fund Manager
Mr. Alok Ranjan is the Head Equity and Fund Manager at IDBI Mutual Fund. He has about 25 years of experience in different fields of financial services. His educational qualifications include MBA (Finance) and B.Sc Physics (Honors). Before joining IDBI Mutual Fund, he worked with Shriram Asset Management Ltd.(Fund Manager), Way2wealth Securities Ltd.(Head of Research), and Advisory First Global Ltd.(Vice President Research).
Raju Sharma - Fixed income - Fund Manager
Mr. Raju Sharma is the Head Fixed Income and Fund Manager at IDBI Mutual Fund. He has 29 plus years of experience in financial services, including fund management, debt capital market, and treasury. A Chartered Accountant and LLB, he joined IDBI Mutual Fund in May 2017. Before that, he was associated with Greenbridge Capital Advisory, Indiabulls Asset Management Company Ltd., Tata Mutual Fund, SPA Securities Limited, etc.
Firdaus Marazban Ragina - Equity - Fund Manager
Mr. Firdaus is an Equity Fund Manager at IDBI Mutual Fund.He has over 21 years of work experience in the finance sector, focusing on equities. He joined IDBI Asset Management Ltd. in Aug 2016. Before IDBI, he was associated with IL&FS Broking Services Ltd., Avendus Securities, IL&FS Investsmart, UTI Securities, and RefcoSify Securities.
Bhupesh Kalyani - Fixed income - Fund Manager
Mr. Bhupesh Kalyani is a Fixed Income Fund Manager at IDBI Mutual Fund. Out of his total work experience of 19 years, he dedicated 14 years to fixed income fund management and dealing. A Chartered Accountant by education, he joined IDBI Asset Management Ltd. in Jan 2017. Before joining IDBI, he was associated with Star Union Dai-ichi Life Insurance Co. Ltd., LIC Mutual Fund, and Tata Mutual Fund.
How to Invest in IDBI Mutual Fund?
Mutual funds are a great way to invest your money. They offer diversification, professional management and access to asset classes that may otherwise be difficult to access. They are a type of investment that pools money from many investors and invests it in different securities. View More
Top 10 IDBI Mutual Fund to Invest
- Fund Name
- Min SIP Investment Amt
- AUM (Cr.)
- 3Y Return
IDBI Small Cap Fund is an Small Cap scheme that was launched on 21-06-17 and is currently under the management of our experienced fund manager Alok Ranjan. With an impressive AUM of ₹146 Crores, this scheme's latest NAV is ₹21.41 as of 02-06-23.
IDBI Small Cap Fund scheme has delivered a return performance of 16.9% in the last 1 year, 40.4% in the last 3 years, and an 13.6% since its launch. With a minimum SIP investment of just ₹5,000, this scheme offers a great investment opportunity for those looking to invest in Small Cap funds.
- Min SIP Investment Amt
- ₹5,000
- AUM (Cr.)
- ₹146
- 3Y Return
- 16.9%
IDBI Healthcare Fund is an Sectoral / Thematic scheme that was launched on 28-02-19 and is currently under the management of our experienced fund manager Alok Ranjan. With an impressive AUM of ₹51 Crores, this scheme's latest NAV is ₹17.96 as of 02-06-23.
IDBI Healthcare Fund scheme has delivered a return performance of 3.5% in the last 1 year, 11% in the last 3 years, and an 14.7% since its launch. With a minimum SIP investment of just ₹5,000, this scheme offers a great investment opportunity for those looking to invest in Sectoral / Thematic funds.
- Min SIP Investment Amt
- ₹5,000
- AUM (Cr.)
- ₹51
- 3Y Return
- 3.5%
IDBI Flexi Cap Fund is an Flexi Cap scheme that was launched on 28-03-14 and is currently under the management of our experienced fund manager Alok Ranjan. With an impressive AUM of ₹360 Crores, this scheme's latest NAV is ₹40.7 as of 02-06-23.
IDBI Flexi Cap Fund scheme has delivered a return performance of 12.7% in the last 1 year, 25.5% in the last 3 years, and an 16.5% since its launch. With a minimum SIP investment of just ₹5,000, this scheme offers a great investment opportunity for those looking to invest in Flexi Cap funds.
- Min SIP Investment Amt
- ₹5,000
- AUM (Cr.)
- ₹360
- 3Y Return
- 12.7%
IDBI Dividend Yield Fund is an Dividend Yield scheme that was launched on 21-12-18 and is currently under the management of our experienced fund manager Alok Ranjan. With an impressive AUM of ₹85 Crores, this scheme's latest NAV is ₹19.02 as of 02-06-23.
IDBI Dividend Yield Fund scheme has delivered a return performance of 14.7% in the last 1 year, 23.4% in the last 3 years, and an 15.5% since its launch. With a minimum SIP investment of just ₹5,000, this scheme offers a great investment opportunity for those looking to invest in Dividend Yield funds.
- Min SIP Investment Amt
- ₹5,000
- AUM (Cr.)
- ₹85
- 3Y Return
- 14.7%
IDBI Midcap Fund is an Mid Cap scheme that was launched on 25-01-17 and is currently under the management of our experienced fund manager Alok Ranjan. With an impressive AUM of ₹182 Crores, this scheme's latest NAV is ₹19.4 as of 02-06-23.
IDBI Midcap Fund scheme has delivered a return performance of 14.6% in the last 1 year, 26.2% in the last 3 years, and an 11% since its launch. With a minimum SIP investment of just ₹5,000, this scheme offers a great investment opportunity for those looking to invest in Mid Cap funds.
- Min SIP Investment Amt
- ₹5,000
- AUM (Cr.)
- ₹182
- 3Y Return
- 14.6%
IDBI India Top 100 Equity Fund is an Large Cap scheme that was launched on 01-01-13 and is currently under the management of our experienced fund manager Alok Ranjan. With an impressive AUM of ₹623 Crores, this scheme's latest NAV is ₹46.9 as of 02-06-23.
IDBI India Top 100 Equity Fund scheme has delivered a return performance of 13.5% in the last 1 year, 24.9% in the last 3 years, and an 13.8% since its launch. With a minimum SIP investment of just ₹5,000, this scheme offers a great investment opportunity for those looking to invest in Large Cap funds.
- Min SIP Investment Amt
- ₹5,000
- AUM (Cr.)
- ₹623
- 3Y Return
- 13.5%
IDBI Focused 30 Equity Fund is an Focused scheme that was launched on 17-11-17 and is currently under the management of our experienced fund manager Alok Ranjan. With an impressive AUM of ₹127 Crores, this scheme's latest NAV is ₹17.14 as of 02-06-23.
IDBI Focused 30 Equity Fund scheme has delivered a return performance of 11.8% in the last 1 year, 22.6% in the last 3 years, and an 10.2% since its launch. With a minimum SIP investment of just ₹5,000, this scheme offers a great investment opportunity for those looking to invest in Focused funds.
- Min SIP Investment Amt
- ₹5,000
- AUM (Cr.)
- ₹127
- 3Y Return
- 11.8%
IDBI Long Term Value Fund is an Value scheme that was launched on 20-08-18 and is currently under the management of our experienced fund manager Alok Ranjan. With an impressive AUM of ₹93 Crores, this scheme's latest NAV is ₹17.6 as of 02-06-23.
IDBI Long Term Value Fund scheme has delivered a return performance of 12.9% in the last 1 year, 25% in the last 3 years, and an 12.5% since its launch. With a minimum SIP investment of just ₹5,000, this scheme offers a great investment opportunity for those looking to invest in Value funds.
- Min SIP Investment Amt
- ₹5,000
- AUM (Cr.)
- ₹93
- 3Y Return
- 12.9%
IDBI Nifty Next 50 Index Fund is an Index scheme that was launched on 01-01-13 and is currently under the management of our experienced fund manager Nisha Sharma. With an impressive AUM of ₹51 Crores, this scheme's latest NAV is ₹34.2238 as of 02-06-23.
IDBI Nifty Next 50 Index Fund scheme has delivered a return performance of 9.6% in the last 1 year, 20% in the last 3 years, and an 12.8% since its launch. With a minimum SIP investment of just ₹5,000, this scheme offers a great investment opportunity for those looking to invest in Index funds.
- Min SIP Investment Amt
- ₹5,000
- AUM (Cr.)
- ₹51
- 3Y Return
- 9.6%
IDBI Nifty 50 Index Fund is an Index scheme that was launched on 01-01-13 and is currently under the management of our experienced fund manager Nisha Sharma. With an impressive AUM of ₹196 Crores, this scheme's latest NAV is ₹37.0781 as of 02-06-23.
IDBI Nifty 50 Index Fund scheme has delivered a return performance of 12.2% in the last 1 year, 23.7% in the last 3 years, and an 12.1% since its launch. With a minimum SIP investment of just ₹5,000, this scheme offers a great investment opportunity for those looking to invest in Index funds.
- Min SIP Investment Amt
- ₹5,000
- AUM (Cr.)
- ₹196
- 3Y Return
- 12.2%
Frequently Asked Questions
How much should I invest in an IDBI Mutual Fund SIP?
SIPs allow investors to purchase units automatically at fixed intervals for a fixed period. A SIP allows you to buy units of a fund without having to worry about market volatility or timing the market. You can choose from various schemes offered by different mutual fund houses.
Can you increase the SIP amount for an IDBI Mutual Fund?
Yes, you can increase your SIP amount for any of their mutual funds, including those mentioned above, at any time. You just need to visit their website or call them up and tell them that you want to increase your SIP amount or stop it altogether if there is no longer a need to continue.
Do I need a DEMAT account for investing in IDBI Mutual Funds with 5Paisa?
You can buy, sell or switch mutual funds online. There are many benefits of buying and selling mutual funds online. With 5Paisa’s apps, you can purchase and trade mutual funds on the fly. Download the Invest app and the Mobile Trading App and open an MF account.
How many investment options do IDBI Mutual Funds offer?
There are various ways you can invest in mutual funds. You can invest directly in mutual funds by opening a Demat account with any participating banks, financial institutions or brokers. You can also invest in mutual funds through SIPs or Systematic Investment Plans.
How do you identify your risk appetite for an IDBI Fund?
The first step toward identifying your risk appetite is understanding how much money you can afford to lose in any given investment. If you are not currently invested in the stock market and plan on investing in mutual funds for the first time, it is important to know that mutual funds are generally considered more conservative than stocks and bonds. This means that when you invest in a mutual fund, there is less risk involved than in buying individual stocks or bonds.
What is the minimum amount to start an IDBI Mutual Fund SIP online?
When you sign up for a SIP in an IDBI Mutual Fund, the minimum amount is INR 500.
What are the additional benefits of investing in the IDBI Mutual Fund with 5Paisa?
Invest your money safely and securely with 5Paisa. The zero-commission platform offers a variety of investment options, including Mutual Funds, Gold, ETFs and more. Choose from SIP or Lumpsum options and avail of the ease of accessibility and user-friendly platform with no hidden charges.
Can you stop IDBI Mutual Funds online?
You can stop purchasing new shares in a mutual fund during a subscription period by going to your account on 5Paisa and requesting that it cancel your standing order for additional shares. Click on the “Stop SIP” option under the scheme, and you’re ready.
How can you determine which IDBI Fund to invest in while creating an investment portfolio?
IDBI Mutual funds offer a convenient way to invest and diversify your portfolio. Experts professionally manage them, so you don’t have to spend time researching individual securities or tracking their prices daily. Find out how much risk you want/can handle and determine what kind of financial goal needs fulfilment.
How is the IDBI Fund beneficial in boosting your investment portfolio?
Mutual funds are a popular choice for investors looking to diversify their portfolios. IDBI Mutual funds provide investors with a convenient way to pool their money and gain exposure to a wide range of asset classes. They provide flexibility for investors who want easier access to their money than an individual stock.