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IDBI Mutual Funds
With an AUM of Rs 2,739 crores, IDBI Mutual Funds offers 12 schemes across different categories including 5 equity, 6 debt, and 1 hybrid mutual funds. Know the IDBI MF scheme details, historical returns, compare and invest in Best IDBI Mutual Fundss. Invest in mutual fund schemes that suit your investment objectives, risk level, and fund options.
12
Schemes
₹ 2,739 Cr
Total AUM
IDBI Mutual Fund Details
Name | IDBI Asset Management Limited |
AUM | ₹ 2,739 Crores |
Founded | 29 March 2010 |
Incorporation Date | 25 January 2010 |
Sponsor | IDBI Bank Limited |
CIO | Mr. V. Balasubramnian |
MD & CEO | Mr. Dilip Kumar Mandal |
Contact Number | 022-66442800 |
Email Id | contactus@idbimutual.co.in |
Website | www.idbimutual.co.in |
Trustee | IDBI Mutual Fund Trustee Company Limited |
Office Address | 5th Floor, Mafatlal Centre, Nariman Point, Mumbai- 400021 |
Top IDBI Mutual Fund Managers
How to Invest in IDBI Mutual Funds
Invest online in the IDBI Mutual Fund house via Scripbox. It is an easy and convenient process. All you need to do is follow the few simple steps mentioned below.
- Firstly, Visit the Scripbox Website for a list of Investment Plans: On the Scripbox Homepage click on the “Let’s Get Started” button. This will unlock a list of investment options as per your life goal. To start investing in a Mutual Funds Scheme, pick any of the options best suited to your financial goal. Click on “Continue” to proceed with Mutual Fund Investment
- Secondly, Sign up to create an account: If you are an existing Scripbox member, Sign in with your details. When you sign in, a list of different investment options will appear on your screen. Scripbox allows investors to select the payment option. You can select the “Every month SIP” or “One-time payment” option depending on your cash flow. The investment amount can be as per your financial goal and cash flow. Click on the “See Recommended Funds” to proceed for investment.
- Then, Check the Plan and Fund Allocation: A list of mutual funds to invest online and the allocated amount for the selected plan is shown on this page. Read the details before proceeding ahead. If you wish to change the fund or amount, you can do that by clicking on the option, “I want to change Funds/ Amount.” Now click on the”Next” button to make the payment.
- Finally, Bank Details and Money Transfer: In the last step, you need to enter the bank account and PAN details. Scripbox provides a secure environment for payment. A bank account is used for investing and crediting the redemption proceeds only.
KYC Required To Invest In IDBI Mutual Fund
KYC stands for “Know Your Customer”. It helps in identifying an investor through relevant documents. SEBI has prescribed certain guidelines for KYC. An investor has to fulfil the KYC procedure before investing in a SEBI registered mutual fund company. A KYC form will include details of identity, address, financial status, occupation, and demographic information.
You can get your KYC done with Scripbox. The following KYC documents required by Resident Indians and PIO residing in India:
- Photograph
- Pan Card
- Address proof (Aadhar Card (Both Front & Back) / Driving License/ Passport/ Voter ID Card)
- KYC Authorisation Letter. (Please write on a paper that “I authorize Scripbox to do my mutual fund KYC” & sign below it)
- Video Selfie: Record a video by facing the camera for 5 seconds.
You can upload clear colour scanned copies of your KYC documents during the registration itself. Or,
If you are an existing Scripbox user, you can message on Scripbox’s WhatsApp number +91-8884448026 or email your KYC documents to help@scripbox.com.
How to Download Mutual Fund Investment Statement?
The following steps will guide you to download your IDBI mutual fund investment statement using the Scripbox App:
- Open the Scripbox and log in to your account with your credentials.
- Go to the ‘Profile tab’ and select the option’ Investment History’.
- Scroll down and select ‘Email Me’, and Scripbox will send an email with a link to download your mutual fund statement.
- Click on the link in the email to download the mutual fund investment history in excel format.
The excel statement will contain the following information:
- Orders Tab: The tab includes these details: Fund Name, Investor Name, Folio Number, Amount Invested, Units, Oder NAV, Date of Investment, STT, and Purpose.
- Current Holding Tab: This tab has the following details: Folio Number, Fund Name, Current Value, Units, and Purpose
Top IDBI Mutual Fund Managers
| Fund Manager | Type Of Fund | Number of Schemes |
| Firdaus Marazban Ragina | Equity | 4 |
| Uma Venkatraman | Equity | 12 |
| Raju Sharma | Debt | 5 |
| Bhupesh Kalyani | Debt | 2 |
Explore: Top Fund Managers
Mr. Firdaus Marazban Ragina
Mr Marazban Ragina is the Fund Manager- Equity at IDBI Mutual Fund. He also has extensive experience of 20 years in the financial service industry, with a core focus on Equity. Prior to joining IDBI Mutual Fund, he was associated with IL&FS Broking Services, Avendus Securities, IL&FS Investsmart, UTI Securities and RefcoSify Securities. Presently, he is managing funds like IDBI Nifty Index Fund, IDBI Nifty Junior Index Fund, IDBI Gold Fund and IDBI Gold Exchange Traded Fund
Mrs. Uma Venkatraman
Mrs Venkatraman is the Fund Manager- Equity with more than 16 years of experience in the financial service industry. She started her career as Head of Research. Subsequently, thereafter she rose to the position of a Fund Manager. Prior to joining IDBI Mutual Fund, she has worked with B&K Securities in Equity sector. In addition, she also worked with ASK Raymond James, Morgan Keegan and UTI Mutual Fund.
Mr. Raju Sharma
Mr Sharma is the Head of Fixed Income and Fund Manager at IDBI Mutual Fund. He has over 27 years of extensive experience in the financial service industry as well as fund management. His experience also includes fund management, debt capital markets and treasury. Earlier, he was associated with Tata Mutual Fund, Indiabulls Mutual Fund, JM Morgan Stanley etc.
Mr. Bhupesh Kalyani
Mr Kalyani is a Fund Manager- Fixed Income with an overall 17 years of experience. Out of which 14 years, he spent on fixed income fund management and dealing. Earlier his major association has been with LIC Mutual Fund, Tata Mutual Fund and Star Union Dai-Ichi-Life Insurance Company Limited.
Frequently Asked Questions
IDBI Mutual Fund was established in 2010 and has been recognised as one of the top-performing fund houses with its best investment schemes. The fund house offers services with 15 branches and manpower of 200 employees across the country. It offers over 15 funds in all mutual fund categories catering to all kinds of customers.
IDBI Mutual Fund has over 15 funds catering to various investor needs. However, what suits one investor doesn’t suit the other. Hence investors have to invest in the fund that is best for them. To know the best fund suitable for them, investors have to align their goals with the fund’s objectives.
One can invest in IDBI Mutual Fund online directly through Scripbox. Alternatively, they can invest in IDBI Mutual Fund through the fund houses’ website. Moreover, they can also invest in IDBI Mutual Fund through any other online platform or mobile application.
A SIP can be stopped online by going to the IDBI mutual fund website and logging in with a folio number or any online portal where the investment has started.
To withdraw money from IDBI Mutual Fund, one can visit the nearest IDBI Mutual Fund office and submit a form. Alternatively, they can visit the IDBI Mutual Fund website and redeem the investment by logging in with the folio number. They can also withdraw their IDBI Mutual Fund investments from any online portal where they first invested.