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IDBI Nifty Junior Index Gr

21.56
-0.43
-1.98%
21-09-2018
5 Years
  • Previous Close

    21.99

  • Yield

    0.00%

  • Front load

    None

  • Expenses

    1.64%

  • Category

    Index Funds

  • Morningstar Risk

    Above Average

  • Morningstar Rating ★★★★
Profile

Name of Issuer

IDBI Asset Management Limited

Fund Style

Open

Fund Manager

Uma Venkatraman

Investment Style

Large Growth

The investment objective of the scheme is to invest in the stocks and equity related instruments comprising the CNX Nifty Junior Index in the same weights as these stocks represented in the Index with the intent to replicate the performance of the Total Returns Index of CNX Nifty Junior Index. The scheme will adopt a passive investment strategy and will seek to achieve the investment objective by minimizing the tracking error between the CNX Nifty Junior Index (Total Returns Index) and the scheme.

Purchase Information

Initial Purchase 5,000
Initial Purchase: IRA NA
Initial Purchase: AIP 1,500

Inception

20-09-2010

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