IDBI Midcap Fund Direct Growth
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Equity
Direct
Mid-Cap
NAV: ₹ 17.5 as on 27-01-2023
Fund Performance
21 people have invested ₹ 4.8L in mutual fund in the last three months
Fund Insights
In the last 1 year, Quant Mid Cap Fund Growth Option Direct Plan has given 17.57% return, outperforming this fund by 20.25%
In the last 3 years, Quant Mid Cap Fund Growth Option Direct Plan has given 34.21% return, outperforming this fund by 19.47%
In the last 5 years, Quant Mid Cap Fund Growth Option Direct Plan has given 20.24% return, outperforming this fund by 13.61%
INDmoney Rank
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IND ranking is not available for this fund.
Pros
Beats FD returns for both 3Y & 5Y duration
Cons
5Y returns in the bottom 25% of the category
3Y returns in the bottom 25% of the category
Fund Performance as on (19-Jan-23)
About the Fund
IDBI Midcap Fund Direct Growth is an equity fund. This fund was started on 25 January, 2017. The fund is managed by Alok Ranjan. The fund could potentially beat inflation in the long-run.
Key parameters
1) IDBI Midcap Fund Direct Growth has a NAV of ₹17.47 as on 27-01-2023.
2) IDBI Midcap Fund Direct Growth has ₹188 Cr worth of assets under management (AUM) as on 30-11-2022 and is less than category average.
3) The fund has an expense ratio 1.62 %.
Fund Overview
Expense ratio | 1.62% |
Benchmark | S&P BSE Midcap TR INR |
AUM | ₹188 Cr |
Inception Date | 25 January, 2017 |
Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1% |
Lock In | No Lock-in |
TurnOver | 595.55% |
Fund Distribution as on (31-Dec-22)
Size breakup
Mid cap
60.9%
Large cap
27.4%
Small cap
7.7%
Sector Allocation
Consumer Cyclical
24.7%
Financial Services
21.7%
Industrial
20%
Basic Materials
16.3%
Tech
4.6%
Health
4.6%
Communication
3.9%
Real Estate
3.7%
Utilities
0.6%
Top Holdings as on (31-Dec-22)
Equity Holdings58
Debt Holdings1
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
The Federal Bank Ltd | 4.55% | 0% | |
UNO Minda Ltd | 4.04% | 0% | |
Trent Ltd | 3.89% | 0% | |
ICICI Bank Ltd | 3.53% | 0% | |
PI Industries Ltd | 3.13% | -24.2% |
See all
What changed
in last one month
AUM decreased by 7 Cr in last 1M
Dec'22 return underperformed benchmark
Change in AUM
Dec'22
₹ 188.2 Cr
Nov'22
₹ 195.3 Cr
Oct'22
₹ 194.9 Cr
Fund Returns vs Benchmark
Dec'22
1.20%
2.90%
Nov'22
1.67%
1.05%
Oct'22
1.20%
2.90%
Fund Return
Benchmark Return
Concentration Analysis as on (31-Dec-22)
Winners & Losers as on (31-Dec-22)
Top Growth Drivers | 1M Return |
|---|---|
Bank of Baroda | 8.1% |
Bayer CropScience Ltd | 7.2% |
Federal Bank Ltd | 4.8% |
Top Losers | 1M Return |
|---|---|
Trent Ltd | -7.7% |
Uno Minda Ltd | -6.1% |
ICICI Bank Ltd | -5.2% |
Peer Analysis
Fund Manager
Alok Ranjan
Fund Manager of IDBI Midcap Fund Direct Growth, since 16 August 2021
Top funds managed
AMC details
Fund House
IDBI Asset Management Limited
Total Schemes
Total AUM
₹3.78K Cr
as on 31-Dec-2022
Address
IDBI Asset Management Ltd.,5th floor, Mafatlal Centre,,Nariman Point,
Phone
+912266442800
Email
contactus@idbimutual.co.in
Fund Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 9.74% since inception which is less than its category average return of 13.34%
Fund Allocations
This fund has an allocation of 96.18% in Equity, 0% in Debt and 3.82% in Cash related instruments
AUM size ₹188 Cr
This fund has AUM of ₹188 Cr which is less than its category average of ₹ 4607 Cr
Expense Ratio 1.62%
This fund has an expense ratio of 1.62% which is more than its category average expense ratio of 1.53%
Frequently Asked Questions
The current NAV of IDBI Midcap Fund Direct Growth is 18.2 as on 16-Jan-2023.
Existing (Absolute + CAGR)
IDBI Midcap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -3.04% | -3.04% |
6 Month Returns | 7.25% | 7.25% |
1 Year Returns | -8.59% | -8.59% |
3 Years Returns | 57.85% | 16.43% |
5 Years Returns | 40.87% | 7.09% |
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1.62 as on December 2022
188 Cr as on December 2022
The Federal Bank Ltd(4.55%),UNO Minda Ltd(4.04%),Trent Ltd(3.89%),ICICI Bank Ltd(3.53%),PI Industries Ltd(3.13%) as on December 2022
Consumer Cyclical(23.72%),Financial Services(20.88%),Industrial(19.27%) as on December 2022
The alpha ratio for the IDBI Midcap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
IDBI Midcap Fund Direct Growth | -7.24 | -3.82 | -2.8 |
As on December 2022
The alpha for IDBI Midcap Fund Direct Growth is calculated against S&P BSE Midcap TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the IDBI Midcap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
IDBI Midcap Fund Direct Growth | 0.94 | 0.93 | 0.9 |
As on December 2022
The Beta for IDBI Midcap Fund Direct Growth is calculated with S&P BSE Midcap TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the IDBI Midcap Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
IDBI Midcap Fund Direct Growth | -0.38 | 0.66 | 0.22 |
As on December 2022
The sharpe ratio for IDBI Midcap Fund Direct Growth is calculated with S&P BSE Midcap TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the IDBI Midcap Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
IDBI Midcap Fund Direct Growth | 17.67 | 24.73 | 21.63 |
As on December 2022
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 0.92 as on December 2022. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Alok Ranjan is the fund manager of IDBI Midcap Fund Direct Growth
The Exit load of IDBI Midcap Fund Direct Growth is 1%
Mutual Fund execution provided by
Technology facilitation Services provided by Finzoom Investment Advisors Pvt. Ltd. - Advisory unit. SEBI Registered Investment Advisor: INA100012190 | BASL Registration No. 1154 | BSE StarMF Platform code: 24801
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.