IDFC US Equity Fund of Fund Direct Growth
NAV: ₹ 9.7 as on 20-01-2022
IDFC US Equity Fund of Fund Direct Growth is an equity fund. This fund was started on 20 August, 2021. The fund is managed by Viraj Kulkarni, Harshal Joshi. The fund could potentially beat inflation in the long-run.
1) IDFC US Equity Fund of Fund Direct Growth has a NAV of 9.69 as on 21-Jan-2022.
2) IDFC US Equity Fund of Fund Direct Growth has 382 Cr worth of assets under management (AUM) as on 21-Jan-2022 and is less than category average.
3) The fund has an expense ratio 0.29 %.
Fund Overview
Expense ratio | 0.29% | |
Benchmark | Russell 1000 Growth Net 30% | |
AUM | ₹382 Cr | |
Inception Date | 20 August, 2021 | |
Min Lumpsum/SIP | ₹5000/₹1000 | |
Exit Load | 1% | |
Lock In | No Lock-in | |
TurnOver | 0% |
Fund Distribution
| Tech | 35.9% |
| Cyclical | 17.6% |
| Communication | 14.8% |
| Financial Services | 10.5% |
| Health | 9.7% |
| Industrial | 6.6% |
| Basic Materials | 2.5% |
| Defensive | 2.3% |
Top Holdings
JPM US Growth I (acc) USD | 97.3% |
Triparty Repo | 3% |
Net Current Assets | 0.3% |
Cash Margin - Ccil | 0% |
Fund Highlights
About the fund
Fund Allocations
AUM size ₹382 Cr
Expense Ratio 0.29%
Viraj Kulkarni is B.Tech (Electronics); PG Diploma in Management (Finance); CFA
7 Years experience
Mr. Viraj Kulkarni is a Manager - Fund Management team at IDFC Asset Management Company Ltd. He is the dedicated fund manager for foreign securities. Mr. Kulkarni has an experience spanning of over 5 years in Finance Industry. He has been associated with IDFC AMC since September 2015. Prior to joining IDFCAMC he was associated with Franklin Templeton Asset Management (India) Pvt. Ltd. (May 2014 u2013 Sept.2015). Prior to that he was associated with Goldman Sachs Services India (June 2010 u2013 May 2012) as an Analyst for Wealth Management Technology Mr. Kulkarni holds holds a degree Bacheloru2019s degree of Technology(Electronics) and a Post Graduate Diploma in Management (Finance) and is a CFA.
Harshal Joshi is PGDBM (N.L.Dalmia Institute of Management Studies and Research); Masters Degree in Commerce
9 Years experience
Mr. Harshal Joshi is Associate Vice President - Fund Management at IDFC Asset Management Company Limited. Mr. Joshi has experience spanning of over 9 years in Mutual Fund. He has been associated with IDFC AMC since Decemberu20192008 with Fixed Income Investment team. Prior to the same he was associated with ICAP India Pvt. Ltd. (2006 to 2007). He holds a PGDBM (N.L.Dalmia Institute of Management Studies and Research) and Masters Degree in Commerce
AMC details
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