IDFC Sterling Value Fund

An open ended equity scheme following a value investment strategy

30th September 2022

IDFC Sterling Value Fund

An open ended equity scheme following a value investment strategy

30th September 2022


About the Fund: IDFC Sterling Value Fund is a value fund that focuses on active stock selection strategy.
Category: Value
Monthly Avg AUM : ₹ 4,949.04 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 : ₹ 4,894.88 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: 7 March 2008
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) & Mr. Daylynn Pinto (w.e.f. 20th October 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.

1.21
R Square0.87
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.

29.37%
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.

0.65
Portfolio Turnover
Equity0.26
Aggregate^0.27
Total Expense Ratio
Regular1.97%
Direct0.84%
Benchmark: Tier 1: S&P BSE 500 TRI (w.e.f. 28th Dec, 2021) Tier 2: S&P BSE 400 MidSmallCap TRI
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 September 30, 2022
Regular PlanGrowth90.14
Regular Plan IDCW@29.46
@Income Distribution and Capital Withdrawal


Name% of NAV
Equity and Equity related Instruments 94.44%
Banks 14.70%
oICICI Bank 5.11%
oAxis Bank 3.07%
oState Bank of India 2.71%
HDFC Bank 2.32%
Bank of Baroda 1.49%
Pharmaceuticals & Biotechnology 8.72%
Cipla 2.28%
Sun Pharmaceutical Industries 1.65%
IPCA Laboratories 1.40%
Dr. Reddy's Laboratories 1.33%
Laurus Labs 1.23%
Lupin 0.83%
Auto Components 6.56%
oUNO Minda 2.74%
Bosch 1.62%
Tube Investments of India 1.12%
Wheels India 1.08%
IT - Software 5.54%
Tata Consultancy Services 2.15%
HCL Technologies 1.90%
Persistent Systems 0.79%
Zensar Technologies 0.69%
Electrical Equipment 5.14%
oCG Power and Industrial Solutions 2.89%
KEC International 2.25%
Finance 4.34%
oPoonawalla Fincorp 2.56%
Mas Financial Services 1.06%
LIC Housing Finance 0.72%
Consumer Durables 4.17%
oGreenpanel Industries 2.35%
Voltas 0.93%
Mayur Uniquoters 0.90%
Ferrous Metals 3.99%
oJindal Steel & Power 2.98%
Kirloskar Ferrous Industries 1.02%
Leisure Services 3.91%
oThe Indian Hotels Company 2.58%
EIH 1.34%
Industrial Products 3.76%
Polycab India 1.46%
Bharat Forge 1.28%
Graphite India 1.02%
Name% of NAV
Cement & Cement Products 3.73%
The Ramco Cements 1.58%
Nuvoco Vistas Corporation 1.22%
JK Cement 0.48%
Sagar Cements 0.45%
Petroleum Products 3.16%
Reliance Industries 1.70%
Bharat Petroleum Corporation - Equity Futures 1.05%
Bharat Petroleum Corporation 0.41%
Automobiles 2.71%
Tata Motors 1.41%
Hero MotoCorp 1.30%
Transport Services 2.60%
oVRL Logistics 2.60%
Diversified FMCG 2.31%
ITC 2.31%
Chemicals & Petrochemicals 2.08%
Deepak Nitrite 2.08%
Insurance 2.04%
ICICI Lombard General Insurance Company 1.53%
Life Insurance Corporation of India 0.51%
Beverages 1.92%
Radico Khaitan 1.92%
Food Products 1.91%
Avanti Feeds 1.91%
Personal Products 1.86%
Godrej Consumer Products 1.86%
Gas 1.85%
Gujarat Gas 1.85%
Agricultural Food & other Products 1.56%
Tata Consumer Products 1.56%
Construction 1.55%
NCC 1.55%
Textiles & Apparels 1.43%
K.P.R. Mill 1.43%
Power 1.30%
NTPC 1.30%
Retailing 0.86%
V-Mart Retail 0.86%
Entertainment 0.73%
PVR 0.73%
Treasury Bill 0.50%
182 Days Tbill - 2023 SOV 0.50%
Net Cash and Cash Equivalent 5.06%
Grand Total 100.00%
oTop 10 Equity Holdings




Performance based on NAV as on 30/09/2022. 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.



Scheme risk-o-meter

Investors understand that their principal will be at Very High risk

This product is suitable for investors who are seeking*

  • To create wealth over long term.
  • Investment predominantly in equity and equity related instruments following a value investment strategy.

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

Benchmark risk-o-meter

Tier 1: S&P BSE 500 TRI

Benchmark risk-o-meter

Tier 2: S&P BSE 400 MidSmallCap TRI




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 6.17% (FBIL OVERNIGHT MIBOR as on 30th September 2022). 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).
$The fund has been repositioned from a mid cap fund to a value fund w.e.f. May 28, 2018.