IDBI Mutual Fund

IDBI Mutual Fund was set up on 25th January 2010 with the aim to drive financial inclusion in the country. The fund seeks to assist the investors in making informed investment decisions by offering them mutual fund choices. It is one of the best-performing investment schemes available in India.

IDBI Asset Management Limited is the Investment Manager of IDBI Mutual Fund. As of 31st March 2021, the company manages 22 schemes of IDBI Mutual Fund. The schemes consist of 12 equity fund schemes, 6 debt fund schemes, 2 hybrid fund schemes, and one each of FOF (Gold) and Gold EFT schemes. The total Average Assets Under Management (AAUM) of IDBI Mutual Fund during the quarter that ended on 31st March 2021 was Rs. 4,102 crores.

Best IDBI Mutual Funds

Fund Name
Category
Rating
Fund Size (in Cr)
1Y Returns
3Y Returns
5Y Returns
IDBI Small Cap Fund Equity 3 156 10.6 30.9 14.1
IDBI Midcap Fund Equity 1 194 0.1 20.6 9.3
IDBI Flexi Cap Fund Equity 3 384 4.8 20.1 13.2
IDBI Dividend Yield Fund Equity - 93 3.4 20.0 -
IDBI Long Term Value Fund Equity 2 100 8.1 19.5 -
IDBI India Top 100 Equity Fund Equity 4 633 7.2 19.4 13.3
IDBI Healthcare Fund Equity - 60 -6.5 19.1 -
IDBI Focused 30 Equity Fund Equity 2 134 4.3 18.1 11.3
IDBI Nifty Junior Index Fund Other 1 57 4.4 16.8 8.4
IDBI Nifty Index Fund Other 3 201 7.5 16.6 13.4
IDBI Equity Advantage Fund Equity 2 499 7.3 15.3 10.5
IDBI Hybrid Equity Fund Hybrid 2 185 1.9 14.4 7.9
IDBI Gold Fund Other 5 39 11.5 11.0 12.1
IDBI Banking & Financial Services Fund Equity 2 89 7.2 10.0 -
IDBI Equity Savings Fund Hybrid 2 11 5.0 9.5 7.8
IDBI Short Term Bond Fund Debt 4 31 3.1 8.8 6.8
IDBI Dynamic Bond Fund Debt 3 15 2.6 6.6 6.0
IDBI Credit Risk Fund Debt 2 29 3.9 5.7 3.6
IDBI Gilt Fund Debt 1 7.79 3.0 5.3 5.5
IDBI Ultra Short Term Fund Debt 3 221 4.5 4.8 5.8
IDBI Liquid Fund Debt 4 822 4.7 4.2 5.4

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. It has also played an instrumental role in sponsoring the development of key financial institutions in India, namely, the National Stock Exchange of India Limited (NSE) and National Securities Depository Ltd (NSDL).
Below are some mutual fund schemes offered by IDBI Mutual Fund:

IDBI Short Term Bond Fund

It is a short-term open-ended scheme with a duration of 1 to 3 years. The scheme invests in money market and debt instruments to provide investors with regular income. The minimum investment amount is Rs 5000. One can also invest through a Systematic Investment Plan (SIP).

IDBI Liquid Fund

This open-ended liquid scheme aims to provide investors with a high level of liquidity apart from regular income. For this, the scheme invests its entire corpus in a low-risk portfolio of money market and debt instruments with a maturity of up to 91 days.

IDBI India Top 100 Equity Fund

This is an open-ended long-term scheme investing more than 80% in Equity and Equity related Instruments of Large Cap companies. The plan provides investors with an opportunity for long-term capital appreciation.

IDBI Dynamic Bond Fund

This open-ended debt scheme invests in debt instruments with multiple durations. It aims to meet the dual objective of income generation and liquidity maintenance. The debt instruments include fixed/floating rate debt, government securities, securitized debt, and money market instruments.

IDBI Small Cap Fund

This open-ended equity scheme invests predominantly in small-cap stocks. It is a long-term plan which aims to provide a capital appreciation for its investors.

IDBI AMC Ltd Key Information

(As of 31st March 2021)

Name of the Mutual Fund IDBI Mutual Fund
Asset Management Company Name IDBI Asset Management Limited
AMC Incorporation Date 25th January 2010
AMC Setup Date 29th March 2010
Assets Managed INR 3861.70 crore (Jun-30-2022)
Sponsor Name IDBI Bank Limited
Trustee Name IDBI MF Trustee Company Ltd
Managing Director & CEO Mr Dilip Kumar Mandal
Chairman NA
Compliance Officer Mr Chandra Bhushan
Investor Service Officer Mr Durgaprasad S. V.
Registered Office 5th floor, Mafatlal Centre, Nariman Point Mumbai – 400021
Corporate Office 5th floor, Mafatlal Centre, Nariman Point Mumbai – 400021
Telephone Nos. 022-66442800
Fax Nos. 022-66442802
E-mail contactus@idbimutual.co.in
Registrar and Transfer Agent M/s Karvy Computershare Pvt. Limited
Auditors M/s Ray & Ray
Custodians M/s Stock Holding Corporation of India Ltd.

IDBI Mutual Fund Managers

Mr. Alok Ranjan

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).

Mr. Raju Sharma

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.

Mr. Firdaus Marazban Ragina

Mr. Firdaus is an Equity Fund Managerat 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.

Mr. Bhupesh Kalyani

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. The investments are then divided among the investors. Mutual funds can be purchased through a broker and several mutual funds, including equity, debt and hybrid funds.
If you want to invest in IDBI Mutual Funds, the process is extremely simple on the 5Paisa platform. 5Paisa is one of the country’s largest investing platforms, and you can easily add IDBI and other mutual funds to your portfolio. The steps to invest are as follows:
Step 1: Log in to your 5Paisa Account. If you do not have one, register and create a new 5Paisa account in 3 easy steps. Alternatively, you can download the 5Paisa app on your smartphone for Android or IOS and log in from your device. 
Step 2: Search for the IDBI Mutual Fund scheme that you want to invest in
Step 3: Select the option that is apt for your requirement and risk appetite
Step 4: Select the investment type – SIP (Systematic Investment Plan) or Lumpsum 
Step 5: Input the amount that you’d like to invest and proceed with payment by clicking on the ‘Invest Now button
If you are investing for the first time, it is advisable to start with a small amount and increase it gradually as your confidence grows. This way, even if there is a loss in one scheme, it will be offset by gains from another scheme. Once your payment is successful, you can see the IDBI Mutual Fund reflected in your 5Paisa account in 3-4 working days. If you have selected the SIP option, the chosen amount will get deducted every month starting from the date you have made the payment.

Top 10 IDBI Mutual Funds to Invest

Mutual funds are a popular way to invest in the stock market. However, not all mutual funds are created equal. There are two main types — actively managed funds and passively managed funds. The difference between the two is that an active fund’s managers seek to beat their benchmark index by buying stocks that they think will perform well.
Mutual funds are a great way to invest in the stock market. They allow you to buy a small piece from many companies simultaneously. Mutual funds are managed by professional investment managers who decide what stocks or bonds should be bought and sold within the fund’s portfolio.
Here is a quick look at the top 10 IDBI Fund mutual fund investment options that have provided high returns to investors

IDBI Small Cap Fund

One of the most popular mutual funds is the small-cap fund. This fund invests in smaller companies that have not yet made it big in the stock market. These companies are usually just beginning their growth phase, which is risky but has high growth potential. The risk associated with this type of fund is low because there are many different types of stocks within it, making it less risky than investing in individual stocks. The risk also decreases over time as more investors buy into the fund and the value grows.

  • Category: Equity: Small cap
  • Scheme Type: Equity
  • NAV Rs 19.42 as on 09/08/2022
  • AUM: INR 122.03 crore
  • Inception Date: 21st June 2017
  • Fund Manager: Alok Ranjan
  • SIP (Minimum Amount): INR 500/-
  • SIP Frequency: Monthly
  • Minimum Investment Amount: INR. 5000/-
Min Investment Amt ₹5,000
AUM ₹156 Cr
1Y Returns 10.6%

IDBI Healthcare Fund

If you are an investor looking for a short-term gain or a long-term investment, sectoral pharma funds can be an ideal option. Sector funds provide diversified exposure to various sectors like banking, metals, real estate etc., which helps in gaining maximum returns on your investments while reducing your risk at the same time.

  • Category: Sectoral-Pharma
  • Scheme Type: Equity
  • NAV Rs 18.27 as on 09/08/2022
  • AUM: INR 59.14 crore
  • Inception Date: 28th February 2019
  • Fund Manager: Alok Ranjan
  • SIP (Minimum Amount): INR 500/-
  • SIP Frequency: Monthly
  • Minimum Investment Amount: INR. 5000/-
Min Investment Amt ₹5,000
AUM ₹60 Cr
1Y Returns -6.5%

IDBI Flexi Cap Fund

A flexi cap fund is one of several types of mutual funds available on the market today. These funds allow investors to adjust their risk level based on market conditions and provide capital appreciation potential and income generation through dividends and interest payments from their underlying assets. They provide investors with two unique benefits over traditional mutual funds. Investors can change their allocation between stocks and cash depending on their needs at any given time and achieve greater returns than would otherwise be possible with traditional fixed allocation portfolios.

  • Category: Equity: Flexi cap
  • Scheme Type: Equity
  • NAV Rs 38.75 as on 09/08/2022
  • AUM: INR 346.37 crore
  • Inception Date: 28th March 2014
  • Fund Manager: Alok Ranjan
  • SIP (Minimum Amount): INR 500/-
  • SIP Frequency: Monthly
  • Minimum Investment Amount: INR 5000/-
Min Investment Amt ₹5,000
AUM ₹384 Cr
1Y Returns 4.8%

IDBI Dividend Yield Fund

Dividend yield funds are mutual funds that invest in stocks that pay dividends. Dividend yield funds invest in companies with high dividend yields, which is the number of dividends paid by the company divided by its stock price. These funds typically invest in stocks with a long-term history of paying dividends and large market capitalization. The stocks in these funds are selected based on the criteria like dividend growth rate, dividend payout ratio and other factors. These funds have become popular in recent years due to their ability to generate income through dividends and provide steady returns over time. They also reduce risk compared to other investments by providing diversification across various sectors, industries and geographies.

  • Category: Thematic: Dividend Yield
  • Scheme Type: Equity
  • NAV Rs 17.95 as on 09/08/2022
  • AUM: INR 83.78 crore
  • Inception Date: 21st December 2018
  • Fund Manager: Alok Ranjan
  • SIP (Minimum Amount): INR 500/-
  • SIP Frequency: Monthly
  • Minimum Investment Amount: INR. 5000/-
Min Investment Amt ₹5,000
AUM ₹93 Cr
1Y Returns 3.4%

IDBI Midcap Fund

Mid-cap funds are equity mutual funds that invest in medium-sized companies. Mid-cap companies are significantly larger than micro-cap companies but are not quite as large as large-cap companies. These funds invest in high-growth stocks with the potential for significant appreciation. Growth investors look for companies with high earnings growth rates or strong earnings momentum over time. These stocks may be volatile and risky compared with other types of investments, but they can offer substantial returns if the company performs well.

  • Category: Midcap
  • Scheme Type: Equity
  • NAV Rs 18.22 as on 09/08/2022
  • AUM: INR 172.97 crore
  • Inception Date: 25th January 2017
  • Fund Manager: Alok Ranjan
  • SIP (Minimum Amount): INR 500/-
  • SIP Frequency: Monthly
  • Minimum Investment Amount: INR. 5000/-
Min Investment Amt ₹5,000
AUM ₹194 Cr
1Y Returns 0.1%

IDBI India Top 100 Equity Fund

Large-cap funds are mutual funds that invest in the stocks of large companies. The term ‘large cap’ refers to the top tier of companies that make up the market’s largest publicly traded companies. The investment objective of large-cap funds is to provide high levels of current income, capital appreciation and preservation of capital. They are suitable for investors with a long-term outlook who want to diversify their portfolios with investments in stocks from the S&P 500 index and other large company stocks. In general, large-cap funds are suitable for investors who have a long-term investment horizon (5 years or more)

  • Category: Large cap
  • Scheme Type: Equity
  • NAV Rs 43.87 as on 09/08/2022
  • AUM: INR 543.52 crore
  • Inception Date: 1st January 2013
  • Fund Manager: Alok Ranjan
  • SIP (Minimum Amount): INR 500/-
  • SIP Frequency: Monthly
  • Minimum Investment Amount: INR. 5000/-
Min Investment Amt ₹5,000
AUM ₹633 Cr
1Y Returns 7.2%

IDBI Focused 30 Equity Fund

Large-cap funds are mutual funds that invest in large-cap stocks. They are typically considered more stable than small-cap and mid-cap funds because they have a larger number of holdings and more assets under management. They tend to be less volatile than the broader market, but they also tend to have lower returns over shorter time periods. Large-cap funds are considered core holdings for long-term investors who want exposure to the stock market but do not want to take on too much risk.

  • Category: Large cap
  • Scheme Type: Equity
  • NAV Rs 16.27 as on 09/08/2022
  • AUM: INR 120.56 crore
  • Inception Date: 17th November 2017
  • Fund Manager: Alok Ranjan
  • SIP (Minimum Amount): INR 500/-
  • SIP Frequency: Monthly
  • Minimum Investment Amount: INR. 5000/-
Min Investment Amt ₹5,000
AUM ₹134 Cr
1Y Returns 4.3%

IDBI Long Term Value Fund

Value-oriented funds are mutual funds that focus on companies that have low multiples of earnings, cash flows or book value. They also tend to be stocked with a high dividend yield. This type of fund aims to buy undervalued stocks and hold them until they appreciate in price. Value investors believe that over the long run, they will be rewarded for this approach. They usually have low annual expenses and fees, so that they may be less attractive than other types of mutual funds to the average investor. Value-oriented investments tend to have lower returns than growth funds over time, but they also have less risk.

  • Category: Value-oriented
  • Scheme Type: Equity
  • NAV Rs 16.48 as on 09/08/2022
  • AUM: INR 92.10 crore
  • Inception Date: 20th August 2018
  • Fund Manager: Alok Ranjan
  • SIP (Minimum Amount): INR 500/-
  • SIP Frequency: Monthly
  • Minimum Investment Amount: INR. 5000/-
Min Investment Amt ₹5,000
AUM ₹100 Cr
1Y Returns 8.1%

IDBI Nifty Junior Index Fund

Large-cap funds invest in large companies with strong market positions and stable businesses with strong growth potential. They tend to be less volatile than other types of mutual funds because they comprise a large portion of the market capitalization index.
It is a great way to diversify your portfolio and get exposure to multiple asset classes without doing all the research yourself. They are available for almost every type of investor: from conservative investors who want to preserve their capital to aggressive investors who want high returns with higher risk exposure.

  • Category: Large cap
  • Scheme Type: Equity
  • NAV Rs 33.80 as on 09/08/2022
  • AUM: 48.87 crore
  • Inception Date: 1st January 2013
  • Fund Manager: Jayesh Dinesh Shah
  • SIP (Minimum Amount): INR 500/-
  • SIP Frequency: Monthly
  • Minimum Investment Amount: INR. 5000/-
Min Investment Amt ₹5,000
AUM ₹57 Cr
1Y Returns 4.4%

IDBI Nifty Index Fund

Large-cap funds are often used as core holdings in a portfolio because they are generally considered safer than other types of funds. They may also be used for long-term growth or income purposes. The larger the company, the less volatile its stock will likely be. Large-cap stocks tend to be less risky than smaller ones because they trade less frequently and have higher liquidity (more buyers and sellers). However, large-cap funds may still experience significant price fluctuations from day-to-day or week-to-week based on market conditions, such as economic reports or company earnings announcements.

  • Category: Large cap
  • Scheme Type: Equity
  • NAV Rs 34.91 as on 09/08/2022
  • AUM: INR 194.31 crore
  • Inception Date: 1st January 2013
  • Fund Manager: Jayesh Dinesh Shah
  • SIP (Minimum Amount): INR 500/-
  • SIP Frequency: Monthly
  • Minimum Investment Amount: INR 5000/-
Min Investment Amt ₹5,000
AUM ₹201 Cr
1Y Returns 7.5%

Frequently Asked Questions

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.

When you sign up for a SIP in an IDBI Mutual Fund, the minimum amount is INR 500.

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.

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.

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.

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.

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.

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.

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.

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.

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