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  #2  
Old June 23rd, 2013, 12:48 PM
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Join Date: Dec 2011
Default Re: IDBI Nifty index Fund Dividend

Nature of Fund

An open - ended passively managed equity scheme tracking the S&P CNX Nifty Index (Total Returns Index)

Investment Objective


The investment objective of the scheme is to invest only in and all the stocks comprising the S&P CNX Nifty Index in the same weights of these stocks as in the Index with the objective to replicate the performance of the Total Returns Index of S&P CNX Nifty index.


Investment Strategy

The investment strategy for the Scheme would be to hold the constituents of the S&P CNX Nifty Index in the portfolio of the scheme in the same weights as in the Index.

Exposure to each stock in the Index will be either through the cash segment or through the derivative segment, in the portfolio will be of the same weightage of that particular stock as in the Index.

Through this strategy, the Scheme will seek to minimize the tracking error to with the objective to realize the performance of the Total Returns Index of S&P CNX Nifty Index.


Fund Manager: Mr. V Balasubramanian..
Benchmark S&P CNX Nifty Index (Total Returns Index).
Face Value : Rs. 10 for cash at par.
Entry Load : Not Applicable
Exit Load: 1% for exit (repurchase/switch-out/SWP/STP) on or before 1 year from the date of allotment& in case of SIP, on or before 1 year from the date of allotment of each installment.

Plans available-

Regular
- Growth
- Dividend
Direct
- Growth
- Dividend

The Dividend Option under both Plans offers the following modes of dividend:
- Payout
- Re-investment
- Sweep


Minimum Investment

Rs. 5,000 and in multiples of Re. 1 thereafter.

Amount

Additional purchase: Rs. 1,000 and in multiples of Re. 1 thereafter.
System Invetment Plan-

Monthly Option:

Rs. 500 per month for a minimum period of 12 months or Rs.1,000 per month for a minimum period of six months.

Quarterly Option:

Rs. 1,500 per quarter for a minimum period of 4 quarters.

Investments above the minimum amount mentioned, shall be made in multiples of Re.1 for all SIP irrespective of frequency of SIP
Expenses Ratio:

Regular Plan: 1.59%
Direct Plan: 1.09%

Contact Info:

Corporate Office:
IDBI Mutual Fund,
5th Floor, Mafatlal Centre,
Nariman Point,
Mumbai- 400021
Tel No.: (+91 22) 6644 2800
Fax No.: (+91 22) 6644 2801
Tollfree: 1800-22-4324
sms: IDBIMF to 09220092200
e-mail: contactus@idbimutual.co.in
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  #3  
Old October 10th, 2015, 09:38 AM
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Default Re: IDBI Nifty index Fund Dividend

hii, sir I wanted to know about the IDBI Nifty Fund Dividends can you tell me more about this ?
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  #4  
Old October 10th, 2015, 09:41 AM
Super Moderator
 
Join Date: Dec 2012
Default Re: IDBI Nifty index Fund Dividend

As you asking for the IDBI Nifty Fund The scheme is ranked 4 in Index category by Crisil (for quarter ended Nov 1999) rank unchanged from last quarter. If you are already invested in this scheme, you may consider switching to a better performing scheme.
here I am providing you the Return and Absolute returns of this policy from the year 2010 to 2015. the details are as follow:
Returns (NAV as on 29 Sep, 2015)

Period Returns (%) Rank #
1 mth -1.5 10
3 mth -6 29
6 mth -7.3 50
1 year -1.9 46
2 year 16.6 39
3 year 11 17
5 year 5.2 17
Absolute Returns (in %)

Year Qtr 1 Qtr 2 Qtr 3 Qtr 4 Annual
2015 2.2 -2.5 - - -
2014 6.1 13.4 4.5 3.8 -
2013 -4.5 2.7 -2.4 8.8 6.3
2012 14 -0.3 8.1 2.9 27.4
2011 -5.6 -2.9 -12 -4.9 -25.2
2010 - - -0.9 -3.9 10.5

for more details find the file given below:
IDBI Nifty index Fund Dividend policies
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