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This Core Equity Mutual Fund Is Good For SIP, Given Up To 49.65% Returns On Long Term SIP

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Mutual Funds provide inflation-beating and tax-efficient returns as an investment option. They provide you with total control over your money and the ability to invest according to your preferences. Mutual funds provide a way to invest in a variety of asset classes, including equities, debt, and gold. Here, we have given such a mutual fund that has given good returns in SIP over the years. Check out the portfolio and returns!

 

IDFC Core Equity Fund - Direct Plan - Growth

IDFC Core Equity Fund - Direct Plan - Growth

It is a Large & Mid-Cap mutual fund scheme from IDFC Mutual Fund. It's a diversified equities fund with a preference for big and mid-cap stocks. The fund's goal is to construct a portfolio of high-quality firms while keeping an eye on comparable valuations.

This fund has Rs 2,334.23 Crores worth of assets under management (AUM), and a NAV of Rs 75.41 declared on 28th March 2022. Its expense ratio is 0.85%, which is low compared to its category average. It is an open-ended fund medium-sized fund of its category. The has been managed by Mr. Anoop Bhasker since 30 April 2016. 

This direct plan of this fund has a different expense structure compared to its Regular Plan. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses, etc. The fund has been rated 2 stars and 3 stars by CRISIL and Value Research, respectively. It has given below-average returns when compared to its peers' funds. The fund is moderately risky. 

Absolute And Annualised Returns
 

Absolute And Annualised Returns

Lump-Sum Investment Returns

Investment TenureAbsolute ReturnsAnnualised Returns
1 Year22.06%21.93%
2 Year116.57%47.09%
3 Year54.59%15.61%
5 Year87.91%13.44%
Since Inception228.68%13.75%

SIP Returns

SIP TenureAbsolute ReturnsAnnualised Returns
1 Year5.05%9.50%
2 Year33.48%30.58%
3 Year40.87%23.60%
5 Year49.65%16.14%
Portfolio

Portfolio

Fund has 98.23% investment in Indian stocks of which 49.91% is in large-cap stocks, 29.99% is in mid-cap stocks, 10.23% in small-cap stocks. The fund has the majority of its money invested in the Financial, Technology, Automobile, Materials, Healthcare sectors. It has taken less exposure in the Financial, Technology sectors compared to other funds in the category. The fund's top holdings of this fund are ICICI Bank Ltd., Infosys Ltd., HDFC Bank Ltd., State Bank of India, Reliance Industries Ltd.

Disclaimer

Mutual fund investments are subject to market risk. Read all scheme-related documents, and Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.

Story first published: Tuesday, March 29, 2022, 20:18 [IST]
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