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IDBI Healthcare Fund (Dividend Reinvestment - Annually)

Equity

Sectoral / Thematic - Pharma And Healthcare

₹ 15.38

NAV (OCT 23)

Scripbox Opinion

Not-recommended

Click here for top ranked funds in sectoral / thematic - pharma and healthcare mutual funds.

However, Scripbox does not recommend investing in sectoral / thematic - pharma and healthcare mutual funds.

The pharma benchmark index itself has been a material underperformer over an extended time frame. Contrary to common perception, this category is also characterised by higher volatility. Investing in these funds will require investors to have a unique insight into the specific areas of investment that these funds focus on. In addition the investor will need to have the ability, inclination and expertise to monitor the prospects closely. Investors are therefore better off investing in diversified funds rather than this category.

Our analysis of this fund Learn how we rate funds ->
Our analysis of this fund Learn how we rate funds ->

Track Record

1 Years

The fund has insufficient history for analysis. We recommend funds with longer history.

Relative Size

45 Cr

Negligible within the category

Category View

Relatively Poor

The category has a relatively poor investment outlook

Consistency Of Performance

Poor

The historical performance of the fund has been poor.

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Historical NAV

15.38

NAV (OCT 23)

SIP Calculator

Investing Duration 5 years

Total Investment

Wealth Gained

Total Corpus Created

With assumed returns of 11.25%
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Scheme Information

Investment Objective

The objective of the Scheme is to achieve long term capital appreciation by predominantly investing in equity and equity related instruments of companies engaged in Healthcare and Allied sectors. However there can be no assurance that the investment objective under the scheme will be realized.

Low

Moderately Low

Moderate

Moderately High

High

High Risk

2.78%

Expense Ratio

28th Feb, 2019

Launched (1y ago)

₹ 45

AUM in Crores

INF397L01LE7

No Lock-in

S&P BSE Healthcare TR INR

Benchmark

₹ 1000

SIP Minimum

₹ 5000

Lumpsum Min.

Fund Managers

Uma Venkatraman

Fund Manager

Returns Calculator Comparison

of

for

Instrument Returns Total Corpus Gains Annualised %
Mutual Fund 70% 11.25%
EPF 70%
Property 70%
PPF 70%
Bank FD 70%
Gold 70%
Savings Bank 70%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 25th October 2020

Top Stock Holdings

Treps

14%

Dr Reddy's Laboratories Ltd

12%

Sun Pharmaceuticals Industries Ltd

9%

Divi's Laboratories Ltd

8%

Cipla Ltd

6%
See all holdings
allocation by market cap

Allocation by Sector

Healthcare

86%

Financial Services

2%

Basic Materials

1%
See all sectors

Comparison with Equity Funds

Build Long Term Wealth

Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have

  • Indicative returns of 12.00% annually
  • Recommended Duration > 5 years
  • No Lock-in
  • Expert investing only
  • One-click investing and tracking
  • Zero fees for all your investments

SIP Calculator

Investment Duration 5 years

₹12,37,295

Total Investment

₹12,37,295

Wealth Gained

₹12,37,295

Total Corpus Created

With assumed returns of 11.25%
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How does Scripbox rate funds?

Proprietary system to rate mutual funds

We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

What Scripbox recommendations mean?

Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.

Top Ranked

These funds are the top performers within a category of mutual funds considering a combination of criteria. The best amongst these funds are also labelled as Scripbox Recommended.

Scripbox algorithm classifies funds as "not recommended" when they perform poorly on a combination of criteria. These funds are usually the poorest performers within a category.

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Track Record

We look at consistent and long historical performance for our analysis

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Relative Size

We look at the size of the fund with respect to other funds in the category. Larger funds are preferred

calender

Category View

We check if the sub-category of the fund is recommended by us

calender

Consistency Of Performance

Consistency of performance over various tenures is analysed for a relative performance stack

calender

Track Record

We look at consistent and long historical performance for our analysis

calender

Relative Size

We look at the size of the fund with respect to other funds in the category. Larger funds are preferred

calender

Impact of Interest Rates

We check the relative interest rate risk of the sub-category of the fund. Lower the better

calender

Credit Quality Of Fund’s Portfolio

We check the relative interest rate risk of the sub-category of the fund. Lower the better

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About IDBI Healthcare Fund (Dividend Reinvestment - Annually)

About IDBI Healthcare Fund (Dividend Reinvestment - Annually)

IDBI Healthcare Fund (Dividend Reinvestment - Annually) is a Sectoral / Thematic - Pharma And Healthcare Equity fund and has delivered an annualised return of 29.79% over a period of 1 years. The fund is managed by IDBI Asset Management Limited. The fund manager’s name is Uma Venkatraman.

IDBI Healthcare Fund (Dividend Reinvestment - Annually) Investment Objective

The objective of the Scheme is to achieve long term capital appreciation by predominantly investing in equity and equity related instruments of companies engaged in Healthcare and Allied sectors. However there can be no assurance that the investment objective under the scheme will be realized. However, there is no assurance that the objective of the scheme will be realized.

IDBI Healthcare Fund (Dividend Reinvestment - Annually) NAV, AUM and Risk

The fund was launched on 2019-02-28. The NAV of the fund as of 2020-10-23 is ₹ 15.38. The total AUM of the fund as of 2020-10-23 is ₹ 45 Cr. The category risk of the fund is High Risk

The fund charges 2.78 % as expense ratio.

IDBI Healthcare Fund (Dividend Reinvestment - Annually) Holdings

The fund’s highest allocation is towards equity and has invested 86.69% in this asset class. The top three holdings of the fund are treps, dr reddy's laboratories ltd and sun pharmaceuticals industries ltd.

IDBI Healthcare Fund (Dividend Reinvestment - Annually) SIP

The minimum SIP(Systematic Investment Plan) amount for this is ₹ 1000 and you can increase this in multiples of 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.

IDBI Healthcare Fund (Dividend Reinvestment - Annually) Investment volatility and Horizon

This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to S&P BSE Healthcare TR INR.