Fund Facts
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Name of Fund:IDFC Nifty 100 Low Volatility 30 Index Fund
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Opening:15th September 2022
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Closing:23rd September 2022
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Scheme Type:Open Ended Equity Index Funds
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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:Nil
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Exit Road:Nil
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Thereafter:Nil
Fund Stats
The investment objective of the Scheme is to replicate the Nifty 100 Low Volatility 30 index by investing in securities of the Nifty100 Low Volatility 30 Index in the same proportion / weightage with an aim to provide returns before expenses that closely correspond to the total return of Nifty 100 Low Volatility 30 Index, subject to tracking errors.
Benchmark:
NIFTY 100
Fund Manager:
Nemish Sheth
Asset Allocation
Comparable existing schemes
| Motilal Oswal S&P BSE Low Volatility Index Fund | 7.47(6M) | Not Applicable |
| UTI S&P BSE Low Volatility Index Fund | 7.04(6M) | Not Applicable |
Fund Prognosis
Index based investing seems to be the gravy train now. And a bunch of them are coming out to satisfy the creativity of product heads. Idea is good for conservative equity investors. Many times I have seen, conservative investors do actually make more than active ones.
Fund House AAUM:
Rs. 11711041 Lakh (as on 30th June 2022)
Fund Manager:
Experience of above 12 years
Scheme DNA 4 fundamentals
- UNIQNESS
- RETURN
- RISK
- OPERABILITY
OOMP Factor
This segment will be a difficult catch for an active fund manager. Just because of the work involved. It is better to track momentum through the passive route and the fund meets the requirement head on.