IDBI Healthcare Fund – New Fund Offer (NFO) of IDBI Mutual Fund

IDBI Healthcare Fund:  New Fund Offer (NFO) of IDBI Mutual Fund named IDBI Healthcare Fund is being issued from 8-February-2019 to 22-February-2019.

IDBI Healthcare Fund

According to IDBI Mutual Fund, this plan is suitable for the investors who are seeking:-

  • Long-term capital appreciation, and
  • Investment predominantly in equity and equity related instruments of companies engaged in Healthcare and Allied Sectors.
About IDBI Healthcare Fund NFO
Name of the Scheme IDBI Healthcare Fund
Fund House IDBI Mutual Fund
Scheme Type Open-Ended
Scheme Category Equity: Sectoral
Issue Starts 8-February-2019
Issue Closes 22-February-2019
NFO Unit Price Rs 10 Per Unit
Minimum Investment Rs 5,000
Plans Regular Plan and Direct Plan – Both Plans offer Growth Option and Dividend Option.
Entry Load No
Exit Load 1% if redeemed within 1 year, otherwise, Nil.
Investment Manager IDBI Asset Management Limited

(Read: NFO: New Fund Offer of Mutual Funds)

Investment Objectives of IDBI Healthcare Fund

According to the fund house, the investment objectives of the scheme is as follows:-

The objective of the Scheme is to achieve long term capital appreciation by predominantly investing in equity and equity related instruments of companies engaged in the Healthcare and Allied sectors. However, there can be no assurance that the investment objective under the Scheme will be realized.

Proposed Asset Allocation of IDBI Healthcare Fund

The proposed asset allocation of the scheme is given as follows:

Instruments Indicative Allocation (% of total assets) Risk Profile
Minimum Maximum
Equity & Equity related instruments of companies engaged in the Healthcare and Allied Sectors 80 100 High
Equity and Equity related instruments of companies engaged in other than Healthcare and Allied Sectors 0 20 High
Debt and Money Market instruments including Mutual Fund Liquid Schemes 0 20 Low to Medium
Units issued by Real Estate Investment Trusts (REITs) & Infrastructure Investment Trusts (InvITs) 0 10 Medium to High
About IDBI Mutual Fund

   IDBI Mutual Fund is sponsored by IDBI Bank Limited and managed by IDBI Asset Management Limited. IDBI Bank is one of India’s largest banks. This bank has 1853 branches across the country.

 IDBI MF Trustee Company Limited, incorporated on 25th January 2010 under the Companies Act, 1956, is the Trustee to the IDBI Mutual Fund.

Registered & Corporate Office: IDBI Tower, WTC Complex, Cuffe parade Colaba, Mumbai – 400 005.


Please click here to read the scheme related document.

Disclaimer: This post is just an information about the scheme. It does not give any advice or recommendation. Mutual Fund investments are subject to market risk. Please read the offer document carefully before investing.

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Tags: #NFO #Mutual Fund #New Mutual Fund #IDBI NFO #New Fund Offer #IDBI Mutual Fund 

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