IDBI Nifty Index Fund (G)

Scheme Information

2019-04-26

Inception Date Jun 25, 2010
Benchmark NIFTY 50 - TRI
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. The scheme may also invest in derivatives instruments such as Futures and Options linked to stocks comprising the Index or linked to the S&P CNX Nifty index. The scheme will adopt a passive investment strategy and will seek to achieve the investment objective by minimizing the tracking error between the S&P CNX Nifty index (Total Returns Index) and the Scheme.
Fund Manager Firdaus Marazban Ragina
AUM (In Crores) 213.20
Allocation
Equity: 99.9097%
Others: 0.0903%
Minimum Investment Amount First Investment: 5000
Expense Ratio 1.3

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