IDFC Core Equity Fund Direct Plan Growth
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Equity
Direct
Large & Mid-Cap
NAV: ₹ 83.1 as on 03-02-2023
Fund Performance
205 people have invested ₹ 23.8L in mutual fund in the last three months
Fund Insights
In the last 1 year, ICICI Prudential Large & Mid Cap Fund Direct Plan Growth has given 7.36% return, outperforming this fund by 2.45%
In the last 3 years, ICICI Prudential Large & Mid Cap Fund Direct Plan Growth has given 22.16% return, outperforming this fund by 3.78% per annum
In the last 5 years, Mirae Asset Emerging Bluechip Fund Direct Plan Growth has given 14.5% return, outperforming this fund by 3.25% per annum
INDmoney Rank
Powered by IND quant engine
12
/20
64% Performance
35% Risk Management
64% Cost
12 out of 20 among large & mid-cap
Pros
Outperformed benchmarks during bull run
Beats FD returns for both 3Y & 5Y
Cons
Highly volatile within category
Poor track record of Recovering losses quickly
Fund Performance as on (19-Jan-23)
About the Fund
IDFC Core Equity Fund Direct Plan Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Manish Gunwani. The fund could potentially beat inflation in the long-run.
Key parameters
1) IDFC Core Equity Fund Direct Plan Growth has a NAV of ₹83.082 as on 03-02-2023.
2) IDFC Core Equity Fund Direct Plan Growth has ₹2471 Cr worth of assets under management (AUM) as on 31-12-2022 and is less than category average.
3) The fund has an expense ratio 0.84 %.
Fund Overview
Expense ratio | 0.84% |
Benchmark | S&P BSE 200 India TR INR |
AUM | ₹2471 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 1% |
Lock In | No Lock-in |
TurnOver | 36.39% |
Fund Distribution as on (31-Dec-22)
Size breakup
Large cap
55.7%
Mid cap
35.5%
Small cap
7.5%
Sector Allocation
Financial Services
31.6%
Consumer Cyclical
18%
Industrial
12.2%
Basic Materials
10%
Tech
8.3%
Health
7.5%
Utilities
3.4%
Energy
3.3%
Communication
3.2%
Consumer Defensive
2.5%
Top Holdings as on (31-Dec-22)
Equity Holdings62
Debt Holdings5
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
ICICI Bank Ltd | 6.68% | -0.7% | |
HDFC Bank Ltd | 6.27% | 0% | |
State Bank of India | 4.83% | -1.9% | |
Infosys Ltd | 4.79% | -2.7% | |
Reliance Industries Ltd | 3.27% | 0% |
See all
What changed
in last one month
AUM decreased by 61.2 Cr in last 1M
Dec'22 return underperformed benchmark
Change in AUM
Dec'22
₹ 2.5K Cr
Nov'22
₹ 2.5K Cr
Oct'22
₹ 2.5K Cr
Fund Returns vs Benchmark
Jan'23
5.19%
5.37%
Dec'22
2.69%
2.63%
Nov'22
5.19%
5.37%
Fund Return
Benchmark Return
Concentration Analysis as on (31-Dec-22)
Winners & Losers as on (31-Dec-22)
Top Growth Drivers | 1M Return |
|---|---|
K E C International Ltd | 18.5% |
Bank of Baroda | 8.1% |
Kalpataru Power Transmission Ltd | 6% |
Top Losers | 1M Return |
|---|---|
Infosys Ltd | -9% |
Reliance Industries Ltd | -6.5% |
ICICI Bank Ltd | -5.2% |
Peer Analysis
Fund Manager
Manish Gunwani
Fund Manager of IDFC Core Equity Fund Direct Plan Growth, since 28 January 2023
Top funds managed
AMC details
Fund House
IDFC Asset Management Company Limited
Total Schemes
Total AUM
₹1.17L Cr
as on 31-Dec-2022
Address
IDFC Asset Management Company Limited,OneIndiaBulls Centre, 841, Jupiter Mills Compound,,Senapati Bapat Marg,,Elphinstone Road (West),
Phone
022-68087000/18602660111
Email
investor@idfcmf.com
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 13.67% since inception which is less than its category average return of 14.97%
Fund Allocations
This fund has an allocation of 98.69% in Equity, 0% in Debt and 1.31% in Cash related instruments
AUM size ₹2471 Cr
This fund has AUM of ₹2471 Cr which is less than its category average of ₹ 4162 Cr
Expense Ratio 0.84%
This fund has an expense ratio of 0.84% which is less than its category average expense ratio of 1.53%
Frequently Asked Questions
The current NAV of IDFC Core Equity Fund Direct Plan Growth is 83.08 as on 03-Feb-2023.
Existing (Absolute + CAGR)
IDFC Core Equity Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -1.63% | -1.63% |
6 Month Returns | 7.08% | 7.08% |
1 Year Returns | 4.91% | 4.91% |
3 Years Returns | 65.9% | 18.38% |
5 Years Returns | 70.46% | 11.26% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
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- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.84 as on January 2023
2471 Cr as on January 2023
ICICI Bank Ltd(6.68%),HDFC Bank Ltd(6.27%),State Bank of India(4.83%),Infosys Ltd(4.79%),Reliance Industries Ltd(3.27%) as on January 2023
Financial Services(31.16%),Consumer Cyclical(17.73%),Industrial(12.08%) as on January 2023
The alpha ratio for the IDFC Core Equity Fund Direct Plan Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
IDFC Core Equity Fund Direct Plan Growth | 3 | -0.18 | -0.3 |
As on January 2023
The alpha for IDFC Core Equity Fund Direct Plan Growth is calculated against S&P BSE 200 India 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 IDFC Core Equity Fund Direct Plan Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
IDFC Core Equity Fund Direct Plan Growth | 0.9 | 0.98 | 0.97 |
As on January 2023
The Beta for IDFC Core Equity Fund Direct Plan Growth is calculated with S&P BSE 200 India 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 IDFC Core Equity Fund Direct Plan Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
IDFC Core Equity Fund Direct Plan Growth | 0.09 | 0.63 | 0.35 |
As on January 2023
The sharpe ratio for IDFC Core Equity Fund Direct Plan Growth is calculated with S&P BSE 200 India 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 IDFC Core Equity Fund Direct Plan Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
IDFC Core Equity Fund Direct Plan Growth | 15.83 | 23.72 | 20.49 |
As on January 2023
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 0.84 as on January 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Manish Gunwani is the fund manager of IDFC Core Equity Fund Direct Plan Growth
The Exit load of IDFC Core Equity Fund Direct Plan 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.