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IDFC Multi Cap Fund Direct-Growth IDFC Multi Cap Fund Direct-Growth IDFC Multi Cap Fund Direct-Growth IDFC Multi Cap Fund Direct-Growth - Get latest updates on NAV, Dividends, Returns, Performance, Risks & Portfolio. Invest now! Paisabazaar INR 10000 1 rating rating rating rating rating IDFC Multi Cap Fund Direct-Growth 2 5

Equity Multi Cap

PLAN: GROWTH TYPE : OPEN-ENDED OPTION: Growth

1 Yr return

-8.09%

3 Yrs CAGR returns

-0.74%

5 Yrs CAGR returns

4.77%

NAV as on 25 Sep

₹ 90.44 by 1.65 ( 1.86%)

Expense ratio

1.31

Exit load

1%

Fund Size (Cr)

₹ 5573.23


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Performance Graph*
Returns Calculator
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If ₹10000 invested for 1

Estimated returns*

₹ 0

with % annual returns

Direct Funds
Estimated amount
₹ 10,27,000
Regular Funds
Estimated amount
₹ 9,91,000

* The calculator, based on assumed rate of returns, is meant for illustration purposes only.More

The calculations are not based on any judgments of the future return and should not be construed as promise on minimum returns. Information gathered and material used in this calculator is believed to be from reliable sources. Paisabazaar however does not warrant the accuracy, reasonableness and/or completeness of any such information. While utmost care has been exercised while preparing the calculator, Paisabazaar does not warrant the completeness or guarantee that the achieved computations are flawless and/or accurate and disclaims all liabilities, losses and damages arising out of the use or in respect of anything done in reliance of the calculator.

investment objective

The scheme aims to generate long-term capital growth from an actively managed portfolio of predominantly equity and equity related instruments. It would invest in small and medium size businesses with good long term potential, which are available at cheap valuations.

Tax Implications

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

riskometer
Top Holdings
Top 10 Sectors %
Financial 21.92
FMCG 14.84
Chemicals 9.77
Technology 7.39
Health Care 7.11
Cons Durable 6.77
Services 5.84
Automobile 5.1
Engineering 4.43
Construction 3.66
Top 10 Sectors %
Banking 5.1
Computer Software 4.86
Banking 4.37
Trading 3.5
ACs & Refrigerators 3.05
Dyes & Pigments 2.91
Bakery & Milling Prod. 2.77
Telecom.Services 2.72
Footwear 2.67
Cosmetics & Toiletries 2.63
Fund house details
Fund House IDFC Mutual Fund
Fund Manager Kartik Mehta
Fund Setup Date 01 Jan 2013
Address 2nd Floor - Raman House, H.T. Parekh Marg - 169, Backbay Reclamation, Opp. Aakash Wani,
Contact 022-24398777 / 24399999 / 66289999
Email ID investormf@idfc.com
More About This Fund

About IDFC Multi Cap Fund

IDFC Multi Cap Funds invest in stocks of companies across all capitalizations. The very idea of equity mutual fund is to leave selection of stocks on fund manager and in multi cap funds the fund manager has the freedom to pick up stocks from pan capitalization firms in the market so as to have a diverse portfolio, maximum returns and minimum risks.

With more than 90% of the investment in equities, it has very less corpus invested in debt, cash and other money market instruments. Its funds are majorly into large and giant firms with around 60%-70% and funds majorly the sectors of Finance, FMCG, Consumer Durables and Chemicals.

Who should Invest?

  • If you can stay invested for long term (at least 3 to 5 years), then you may invest in this fund
  • Your financial objective is wealth creation and you are ready to bear some risks associated with equity funds
  • Diverse portfolio as multi cap funds provide versatility of firms of all sizes

Risks

If you want to redeem the fund in less than 5 years, then this fund is not for you. It is suitable for long term as then this fund can beat inflation rate and give high returns. Although the attempt is to minimise risks, still sometimes multi cap funds may underperform.

Also Read: Best Multi Cap Funds

Will You Pay Tax?

If you withdraw or redeem the units before one year of investment, Short Term Capital Gains Tax of 15% is levied. Whereas, Long Term Capital Gains Tax above ₹1 lakh will be taxed at 10% after completion of 1 year of investment.

Let’s say, an individual has ₹2 lakh disposable taxable income in a given financial year, and s/he decides to invest the amount in ELSS. ₹1.5 lakh out of this amount would be exempted from any taxation.₹50,000 would be taxed as per the income tax slab of the investor.

It should be noted that the investment in ELSS remains locked-in for 3 years.

The returns from ELSS are taxed like that from any other equity mutual fund scheme. However, since the units can’t be redeemed before 3 years of investment, only Long Term Capital Gains Tax of 10% above ₹1 lakh will be levied.

Suppose an investor has made a capital gain of ₹1.5 lakh on investment in this scheme, and withdraws the amount after 1 year of investment, Long Term Capital Gains Tax of 10% would be levied on ₹50000. ₹1Lakh is exempted from taxation. The payable tax would be ₹5000.

How to Invest in IDFC Multi Cap Fund?

  • Sign Up/Sign In to Paisabazaar.com and go to ‘Direct Mutual Funds’
  • Click on the section of ‘Mutli Cap Funds’
  • Type and search directly by the name of IDFC Multi Cap Fund. Once it opens up, look at the details. You can also compare similar funds as well as use Returns Calculator
  • Click on ‘Invest Now’, select either Lump sum or SIP

Why should you choose Paisabazaar?

  • Trusted website, no commission charges and no paperwork
  • You can compare more than 1,700 Funds at one platform instead of visiting the website of each AMC and then searching for numerous funds
  • Easy to browse as Funds are segregated under Equity, Debt, Large Cap, ELSS, etc. You can further add filters of ratings, returns, fund houses
  • Important scheme details such as latest Net Asset Value (NAV), expense ratio, assets under management, etc are also available on the portal, making it easier for consumers to pick a suitable fund

FAQs

Q. What is the meaning of multi cap?
A. SEBI classifies all Indian companies on the basis of their capital accruement. It is classified in to large, medium and small companies. The top 100 are large, the next 250 are medium sized and the rest are small ones. When a fund invests in companies of multiple types of capitalizations, it is known as a multi capitalization fund or multi cap fund.

Q. Does IDFC Multi Cap Mutual Fund come under Section 80C or offers tax benefits?
A.
Axis Multi Cap Mutual Fund is not a tax saver fund and does not come under Section 80C.

Q. Is it beneficial to invest via open-ended (lumpsum) or SIP?
A.
SIP is considered an efficient and convenient mode of investment that is profitable for long-term investors. It also reduces financial burden as one needs to invest periodically and one can start with amount as low as Rs. 500 per month.

Q. What is the entry load for this fund?
A.
There is no applicable entry load on the aforementioned fund.

Q. What is the exit load for this scheme?
A.
If an investor redeems the purchased units within 1 year of allotment of units, an exit load of 1% is payable by the investor. However, no exit load is levied for redemption of units after 1 year of purchase.

Q. Is there any lock-in period for investment in this scheme?
A.
No. Investors can redeem their investment as per their wish and needs.

Q. What is the fund manager’s style of investment?
A.
Mr. Sumit Agarwal and Mr. Anoop Bhaskar are the fund managers that invest in a suitable mix of large, mid and small cap firms so as to generate high returns in the long term.