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IDBI Nifty Junior Index Fund (G)

Scheme Information


Asset Management Company (AMC) IDBI Asset Management Ltd.
Asset Class Type Equity
Inception Date Sep 20, 2010
Benchmark NIFTY NEXT 50 - TRI
Objective The investment objective of the scheme is to invest only in and all the stocks comprising the CNX Nifty Junior 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 CNX Nifty Junior Index. The scheme may also invest in derivatives instruments such as Futures and Options linked to stocks comprising the Index or linked to the CNX Nifty Junior Index as and when the derivative products on the same are made available. The scheme will adopt a passive investment strategy andwill seek to achieve the investment objective by minimizing the tracking error between the CNX Nifty Junior Index (Total Returns Index) and the Scheme.
Fund Manager Firdaus Marazban Ragina
AUM (In Crores) 54.31
Equity: 99.6765%
Others: 0.3235%
Minimum Investment Amount First Investment: 5000
Expense Ratio 1.04

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