Fund Facts
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Name of Fund:IDFC Transportation And Logistics Fund
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Opening:4th October 2022
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Closing:18th October 2022
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Scheme Type:Open Ended Equity Sectoral/ Thematic
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Minimum Investment:Rs. 5000/- and in multiples of Re. 1/- thereafter.
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Plan:Regular and Direct
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Options:Growth and IDCW
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Entry Load:Not Applicable
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Exit Road:1% of NAV if redeemed within 1 year
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Thereafter:Nil
Fund Stats
The Scheme seeks to generate long-term capital growth by investing predominantly in equity and equity related securities of companies engaged in the transportation and logistics sector.
Benchmark:
BSE Auto
Fund Manager:
Daylynn Pinto, Harshal Joshi, Nishita Doshi
Asset Allocation
Comparable existing schemes
| UTI-Transpotation and Logistics Fund | 14.46(6M) | 20.33(1Y) |
| Mirae Asset Banking and Financial Services Fund | 9.47(6M) | -0.99(1Y) |
Fund Prognosis
Definitely a brand new segment. I give the fund house that. But question is WHY??? Do we have to launch a fund and sell a story to its illogical end just to have the NFO momentum going!!!
Fund House AAUM:
Rs. 11711041 Lakh (as on 30th June 2022)
Fund Manager:
Combined experience of above 17 years
Scheme DNA 4 fundamentals
- UNIQNESS
- RETURN
- RISK
- OPERABILITY
OOMP Factor
The idea is unique. Nothing else is a redeeming point. If you are interested in the segment, you would be better off buying some of the scrips and not a fund. Why would anyone launch a scheme in this segment? Unless the distant story of logistics is a bait for the gullible.