IDBI Mutual Fund

The IDBI Bank mutual fund is an investment tool provided by IDBI bank, one of the leading banks in the country. IDBI offers its customers a wide range of products and services through its vast distribution network of over 1800 branches all over the country. The bank offers a wide range of mutual funds to its customers. This fund currently has Rs 6774.88 Crore worth of assets under its management. The bank offers up to 88 mutual fund schemes. Investors can choose from this wide range of offers to deploy capital according to their needs.
  • Equity
  • Hybrid
  • Elss
  • Debt
Mutual Fund Schemes
NAV
5Y Returns
AUM(in Cr.)
Compare
42.88Jul 28, 2023
14%
₹382
27.06Jul 28, 2023
13%
₹382
44.16Jul 28, 2023
13%
₹654
37.55Jul 28, 2023
13%
₹207
26.20Jul 28, 2023
12%
₹654
34.55Jul 28, 2023
12%
₹207
36.21Jul 28, 2023
12%
₹207
23.31Jul 28, 2023
12%
₹382
37.99Jul 28, 2023
12%
₹382
17.11Jul 28, 2023
8%
₹179
15.63Jul 28, 2023
7%
₹179
17.13Jul 28, 2023
7%
₹179
23.84Jul 28, 2023
6%
₹25
12.17Jul 28, 2023
6%
₹25
12.52Jul 28, 2023
6%
₹25
2418.16Jul 12, 2023
5%
₹146
2424.68Jul 28, 2023
5%
₹146
2475.35Jul 28, 2023
5%
₹502
1848.97Jul 9, 2023
5%
₹502
2454.04Jul 28, 2023
5%
₹502
18.40Dec 7, 2022
5%
₹16
13.48Dec 7, 2022
5%
₹16
19.21Dec 7, 2022
6%
₹7
1118.64Jul 28, 2023
5%
₹146
1101.14Jul 28, 2023
5%
₹146
1017.01Jul 28, 2023
5%
₹146

Key Information about IDBI Mutual Fund

Mutual Fund NameIDBI Mutual Fund
OfficeCorporate Office 5th floor, Mafatlal Centre, Nariman Point Mumbai - 400021
Email Idcontactus@idbimutual.co.in
Phone No.022-6644 2800
Fax022-6644 2802
Websitewww.idbimutual.co.in
Set up dateMar 29, 2010
Mutual Fund TypePvt. Sector - Indian
AMC incorporation DateJan 25, 2010
CityNavi Mumbai

IDBI Mutual Funds Overview

The table given below displayed the key information about the mutual fund schemes offered by IDBI bank:

Name of the Mutual Fund IDBI Mutual Fund
Name of the Company IDBI Bank
Status of the Company Active 
Registrar of Company RoC- Mumbai
Corporate Identity  NumberL65190MH2004GOI148838
Company of the Category Public Limited
Sub-Category of the Company Non-government Company 
Classification of the Company Public 
Incorporation Date 1964
Company Age 58 years
Amount of Authorised Capital Rs. 25,000 crore
Amount of Paid-up Capital Rs 10752.4 crore
Listed or Unlisted Listed
Trustee OrganisationIDBI Trusteeship Services Limited
ChairmanMr. Rakesh Sharma
CEO Mr Iswar Padhan
CIO Mr Ravi Gopalakrishnan
MDMr J. Samuel Joseph
Total Assets Under Management (AUM)Rs 6774.88 Crore

Types of IDBI Bank Mutual Funds

IDBI bank provides four main kinds of mutual funds schemes as given below:

  • Gold Funds
  • Equity Funds
  • Hybrid Funds
  • Debt Funds

These categories can be further subdivided into mutual fund schemes as mentioned below:

Equity Funds

  • IDBI Focused 30 Equity Fund
  • IDBI Small Cap Fund
  • IDBI Banking & Financial Services Fund
  • IDBI Midcap Fund
  • IDBI Diversified Equity Fund
  • IDBI Equity Advantage Fund
  • IDBI India Top 100 Equity Fund
  • IDBI Nifty Junior Index Fund
  • IDBI Nifty Index Fund

Debt Funds

  • IDBI Credit Risk Fund
  • IDBI Gilt Fund
  • IDBI Dynamic Bond Fund
  • IDBI Short Term Bond Fund
  • IDBI Ultra Short Term Fund
  • IDBI Liquid Fund

Hybrid Funds

  • IDBI Hybrid Equity Fund
  • IDBI Equity Savings Fund 

Gold Funds

  • IDBI Gold Exchange Traded Fund
  • IDBI Gold Fund

How to Invest in IDBI Bank Mutual Fund Online? 

Below is the step-by-step process to invest in IDBI bank mutual funds online:

Step 1: Visit the official IDBI bank mutual fund website and click on the ‘Invest Now’ option on the top right side of the page.

Step 2: If you are a new IDBI bank mutual fund investor, click on the ‘New Investor’ option.

Step 3: This will redirect you to a new page where you must select the category and scheme you want to invest in. You will also be required to choose the mode of investment. Click on the ‘Go’ button under the ‘Transact’ section.

Step 4: The applicant will then be redirected to a new page where they must enter some of their personal and investment details. You will have to enter details like your name, residential category, legal status, date of birth, etc. You will also have to provide contact details like your mobile number and email address. Enter all the details and click on the ‘Submit’ button.

Step 5: Complete the transaction by finishing your payment using your preferred mode of payment.

Documents Required for IDBI Bank Mutual Funds

Given below are some of the documents required to be submitted by an interested applicant for IDBI Mutual Funds:

  • Duly completed and signed application form
  • KYC documents
  • Address Proof Documents - Aadhar Card/ Passport/ Utility Bills/ Rental Agreement/ Passport
  • Identity Proof Documents- Aadhar Card/ Passport/ Driving License/ Utility Bill/ Rental Agreement

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Frequently Asked Questions (FAQs)

Which is the best IDBI Bank mutual fund?

IDBI Liquid Fund- an open-ended liquid scheme with a Net Asset Value of 2200.2867, is considered the best IDBI Bank Mutual Fund.

Which mutual fund will be best in 2022?

IDBI Nifty Index Fund is one of IDBI bank's top-performing and best mutual funds in 2022.

How can I check my IDBI mutual fund status?

You can check the IDBI mutual fund status online by visiting the official website. Click on the ‘My Portfolio’ option, and then click on the ‘Transaction Details’ option. Enter your portfolio number, and the details will be displayed on the screen.

Is IDBI good for long-term investment?

IDBI Bank mutual fund’s ability to deliver returns is at par with other mutual fund schemes in its category.

Are IDBI mutual funds good?

There are several advantages to investing in IDBI bank mutual funds. They are fairly easy to invest in and redeem. Further, the diverse IDBI bank mutual fund portfolio minimises the risk by investing across several industries.

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