IDFC US Equity Fund of Fund
An open ended fund of fund scheme investing in units/shares of overseas Mutual Fund Scheme
(/s) / Exchange Traded Fund (/s) investing in US Equity securities
IDFC US Equity Fund of Fund
An open ended fund of fund scheme investing in units/shares of overseas Mutual Fund Scheme
(/s) / Exchange Traded Fund (/s) investing in US Equity securities
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Category: Fund of Funds (Overseas)
: ₹ 315.66 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.
: ₹ 305.20 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.
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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.
| Total Expense Ratio | |
| Regular | 1.57% |
| Direct | 0.42% |
| (In addition to the above, the scheme will also incur 0.74%, i.e. total weighted average of the expense ratio levied by the underlying schemes.) | |
SIP (Minimum Amount): ₹ 1000/- and in multiples of Rs.1 thereafter
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 : Fresh Purchase (including switch-in) - ₹ 5,000/- and in multiples of Re. 1/- thereafter
Additional Purchase (including switch-in) - ₹ 1,000/- and any amount thereafter
Option Available: Income Distribution cum capital withdrawal Option & Growth Option. Income Distribution cum capital withdrawal Option under each Plan further offers of choice of Payout of Income Distribution cum capital withdrawal, Reinvestment of Income Distribution cum capital withdrawal& Transfer of Income Distribution cum capital withdrawal.
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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.
Nil - if the units are redeemed / switched-out after 1 year from the date of allotment
NAV (₹) as on September 30, 2022
| Regular Plan | Growth | 8.30 |
| Regular Plan | IDCW@ | 8.30 |
| Name | % of NAV |
| JPMorgan Funds - US Growth Fund Class: JPM US Growth I (acc) - USD | 97.51% |
| International Mutual Fund Units | 97.51% |
| Clearing Corporation of India Ltd | 3.01% |
| TRI Party Repo Total | 3.01% |
| Net Current Asset | -0.52% |
| Grand Total | 100.00% |
The scheme has been in existence for more than 1 year but less than 3 years or 5 years. Performance based on NAV as on 30/09/2022. Past performance may or may not be sustained in future.
Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc.
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
Other ratios are not given as scheme has not completed 3 years.
^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).
#Benchmark Returns. ##Additional Benchmark Returns. @Income Distribution and Capital Withdrawal
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.
- Diversification of returns through investing in a fund mainly investing in units/shares of overseas Mutual Fund Scheme (/s) / Exchange Traded Fund (/s) which invests in US Equity securities
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Benchmark risk-o-meter
Russell 1000 Growth Index
Dedicated fund manager for foreign / overseas investment has been changed from Mr. Viraj Kulkarni to Ms. Nishita Doshi (w.e.f. from 1st July 2022)
