MFDirect · Growth

IDBI Rajiv Gandhi Equity Saving Scheme - Series I - Plan A - Growth - Direct Plan

Large Cap FundEquity - Large Cap FundBenchmark: BSE 100
NAV · 21 Mar 2016₹14.37+0.07%
AUM₹23 Crfrom this fund's primary plan
Expense Ratio
CAGR
Exit LoadNil
Min SIP
Launched2013

Investment Objective

To generate opportunities for growth while providing income tax benefits under Section 80CCG of the IT Act, 1961 by active management of portfolio investing predominantly in RGESS eligible equity and equity related instruments.

Fund Mandate

MMI with residual maturity not exceeding 91 days and CBLO0%–5%
RGESS eligible equity95%–100%
Asset Allocation
Domestic Equity97.8%
Cash & Equivalents2.2%
Fund Managers
VB
V Balasubramanian
Fund Manager
Key Information
₹5,000
Nil
3 years
Inception22 Mar 2013
AMC
Top Holdings
1Kotak Mahindra Bank Ltd.Bank7.10%
2HCL Technologies Ltd.IT5.64%
3Maruti Suzuki India Ltd.Automobile & Ancillaries5.61%
4Grasim Industries Ltd.Diversified5.48%
5Lupin Ltd.Healthcare5.32%
6Bharat Petroleum Corporation Ltd.Crude Oil5.13%
7Housing Development Finance Corporation Ltd. - (Amalgamated)Finance4.89%
8Divi's Laboratories Ltd.Healthcare4.12%
9HDFC Bank Ltd.Bank4.00%
10Infosys Ltd.IT3.76%
Sector Allocation
Bank18.3%
Automobile & Ancillaries18.0%
IT11.6%
Healthcare9.4%
Finance9.2%
Diversified5.5%
Crude Oil5.1%
Capital Goods4.8%
Media & Entertainment3.2%
FMCG3.0%
Alcohol2.9%
Chemicals2.6%
Infrastructure2.2%
Others2.2%
Logistics2.1%
Latest News

No recent news found for IDBI Rajiv Gandhi Equity Saving Scheme - Series I - Plan A - Growth - Direct Plan.

IDBI Rajiv Gandhi Equity Saving Scheme - Series I - Plan A - Growth - Direct Plan Latest News

Trailing Returns
PeriodReturns
1 Day+0.07%
Risk Metrics

Risk metrics are not available for this fund.

Fees
Nil
3 years
₹5,000
Capital Gains Tax, general rules

This is an equity-oriented fund. Under rules effective since Budget 2024 (23 July 2024):

Short-Term Capital Gains (held ≤ 12 months): taxed at a flat 20%.

Long-Term Capital Gains (held > 12 months): taxed at 12.5% on gains above ₹1.25 lakh in a financial year, with no indexation benefit.

General information only, not tax advice, actual liability depends on your overall income and applicable law at the time of redemption. Consult a tax advisor for your specific situation.

Frequently Asked QuestionsGeneral mutual-fund FAQs, not specific to this scheme