IDFC Core Equity Fund

Large & Mid Cap Fund - An open ended equity scheme investing in both large cap and mid cap stocks

30th June 2021

IDFC Core Equity Fund

Large & Mid Cap Fund - An open ended equity scheme investing in both large cap and mid cap stocks

30th June 2021


About the Fund: IDFC Core Equity Fund is a diversified equity fund with a large and mid cap bias currently. The focus of the fund is to build a portfolio of Quality companies while being cognizant of the relative valuation.
Category: Large & Mid Cap
Monthly Avg AUM : ₹ 2,391.28 Crores

AUM or assets under management refers to the recent / updated cumulative market value of investments managed by a mutual fund or any investment firm.

Monthly end AUM : ₹ 2,394.46 Crores

AUM or assets under management refers to the recent / updated cumulative market value of investments managed by a mutual fund or any investment firm.

Inception Date: 9 August 2005
Fund Manager :

An employee of the asset management company such as a mutual fund or life insurer, who manages investments of the scheme. He is usually part of a larger team of fund managers and research analysts.

Mr. Anoop Bhaskar (w.e.f. 30th April 2016)
Other Parameter:
Beta

Beta is a measure of an investment's volatility vis-a-vis the market. Beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 implies that the security's price will be more volatile than the market.

0.99
R Square 0.98
Standard Deviation (Annualized)

Standard deviation is a statistical measure of the range of an investment's performance. When a mutual fund has a high standard deviation, its means its range of performance is wide, implying greater volatility.

24.01%
Sharpe*

The Sharpe Ratio, named after its founder, the Nobel Laureate William Sharpe, is a measure of risk-adjusted returns. It is calculated using standard deviation and excess return to determine reward per unit of risk.

0.39
Portfolio Turnover
Equity0.24
Aggregate^0.34
Total Expense Ratio
Regular2.03%
Direct0.86%
Benchmark: NIFTY LargeMidcap 250 TRI
(w.e.f. 7th October 2019)
SIP (Minimum Amount): ₹ 100/- (Minimum 6 instalments)
SIP Frequency: Monthly
SIP Dates (Monthly): Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment.
Investment Objective: Click here
Minimum Investment Amount : ₹ 5,000/- and any amount thereafter
Option Available: Growth, IDCW $ - (Payout, Reinvestment and Sweep (from Equity Schemes to Debt Schemes only))
Exit Load :

Exit load is charged at the time an investor redeems the units of a mutual fund. The exit load is deducted from the prevailing NAV at the time of redemption. For instance, if the NAV is ₹ 100 and the exit load is 1%, the redemption price would be ₹ 99 per unit.

• If redeemed/switched out within 365 days
from the date of allotment:
► Upto 10% of investment:Nil,
► For remaining investment: 1% of applicable NAV.
• If redeemed / switched out after 365 days from date
of allotment: Nil. (w.e.f. May 08, 2020)
NAV (₹) as on June 30, 2021
Regular PlanGrowth63.13
Regular Plan IDCW$18.63
$Income Distribution and Capital Withdrawal


Name% of NAV
Equity and Equity related Instruments 98.88%
Banks 21.55%
oICICI Bank 6.61%
oHDFC Bank 5.49%
oState Bank of India 4.02%
oAxis Bank 3.19%
The Federal Bank 1.47%
Kotak Mahindra Bank 0.78%
Software 11.48%
oInfosys 7.34%
Birlasoft 1.59%
HCL Technologies 1.58%
Mastek 0.97%
Pharmaceuticals 8.84%
Dr. Reddy's Laboratories 1.83%
Sun Pharmaceutical Industries 1.47%
IPCA Laboratories 1.24%
Alkem Laboratories 1.13%
Cadila Healthcare 1.05%
Alembic Pharmaceuticals 0.72%
Aurobindo Pharma 0.71%
Indoco Remedies 0.35%
Natco Pharma 0.34%
Auto Ancillaries 6.78%
MRF 1.70%
Wheels India 1.25%
Bosch 1.07%
Minda Industries 0.99%
Apollo Tyres 0.92%
Balkrishna Industries 0.84%
Industrial Products 6.63%
oSupreme Industries 2.07%
Bharat Forge 1.88%
AIA Engineering 1.62%
Cummins India 1.07%
Cement & Cement Products 6.14%
oACC 2.41%
Ambuja Cements 1.87%
The Ramco Cements 1.87%
Consumer Non Durables 4.99%
Emami 1.25%
Marico 1.11%
Tata Consumer Products 0.98%
Godrej Consumer Products 0.77%
3M India 0.50%
Name% of NAV
ITC 0.38%
Power 4.56%
Torrent Power 1.53%
Kalpataru Power Transmission 1.34%
KEC International 1.04%
Tata Power Company 0.65%
Petroleum Products 3.80%
oReliance Industries 2.37%
Bharat Petroleum Corporation 1.43%
Auto 3.41%
Mahindra & Mahindra 1.79%
Tata Motors 1.62%
Telecom - Services 2.77%
oBharti Airtel 2.77%
Gas 2.63%
Mahanagar Gas 1.87%
Gujarat State Petronet 0.76%
Ferrous Metals 2.43%
Jindal Steel & Power 1.98%
Steel Authority of India 0.45%
Consumer Durables 2.11%
Voltas 1.20%
Crompton Greaves Consumer Electricals 0.91%
Chemicals 2.00%
oDeepak Nitrite 2.00%
Leisure Services 1.78%
The Indian Hotels Company 1.78%
Retailing 1.74%
Aditya Birla Fashion and Retail 1.74%
Insurance 1.57%
Max Financial Services 0.92%
SBI Life Insurance Company 0.65%
Construction Project 1.52%
Larsen & Toubro 1.52%
Capital Markets 1.50%
ICICI Securities 1.50%
Finance 0.65%
Mas Financial Services 0.65%
Preference Shares 0.002%
Entertainment 0.002%
Zee Entertainment Enterprises 0.002%
Net Cash and Cash Equivalent 1.12%
Grand Total 100.00%
oTop 10 Equity Holdings


Past performance may or may not be sustained in future. IDCW$are assumed to be reinvested and bonus is adjusted. Load is not taken into consideration. To illustrate the advantages of SIP investment, this is how your investment would have grown if you had invested say ₹10,000 systematically on the first business Day of every month over a period of time. Returns are calculated by using XIRR approach. XIRR helps in calculating return on investment given an initial and final value and a series of cash inflows and outflows with the correct allowance for the time impact of the transactions. Data as on 30th June 2021




Performance based on NAV as on 30/06/2021. Past performance may or may not be sustained in future.
The performances given are of regular plan growth option.
Click here for other funds managed by the fund manager and refer to the respective fund pages
#Benchmark Returns. ##Alternate Benchmark Returns.


  • To create wealth over long term.
  • Investment predominantly in equity and equity related instruments in large and mid-cap companies.

* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.




Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc.
*Risk-free rate assumed to be 3.36% (FBIL OVERNIGHT MIBOR as on 30th June 2021 ). Ratios calculated on the basis of 3 years history of monthly data.
^Portfolio Turnover ratio is calculated as Lower of purchase or sale during the period / Average AUM for the last one year (includes Fixed Income securities and Equity derivatives).