Live Now – IDFC Midcap Fund3 min read

August 8, 2022
IDFC Midcap Fund


Live Now – IDFC Midcap Fund3 min read

A mid cap fund is an open-ended/ closed ended equity scheme which predominantly invests in mid cap stocks. Mid cap is a term that is used for companies and stocks that fall between the large cap and small cap category. A mid cap mutual fund must have at least 65% of its total assets in equity and equity related instruments of midcap companies. These funds have the potential to generate significant returns in the long run given good market conditions.

IDFC Midcap Fund offers an opportunity to benefit from the strong growth potential of the midcap companies over the long term. The fund’s portfolio construction would be executed with a bottom-up investing approach. While the approach does not guarantee immunity to volatility from the macroeconomic factors, it brings in a sharper focus on business-specific aspects and aligns the execution with a long-term view.

Why should I invest in the IDFC Midcap fund?

  • Midcaps have established strong performance across time periods
  • Midcap gives the potential to generate relatively higher returns over the long term
  • Midcaps have generated relatively better risk-adjusted returns 
  • Midcap segment presents a broad sector diversification opportunity

Amazing right?

You can select this fund if you

  • Want a diversified portfolio across sectors
  • Are looking for relatively higher long-term growth prospects

What’s more, IDFC selects the stocks through a rigorous 5 filter framework and hence provides a robust and disciplined approach towards portfolio construction.

Let’s see the features of the fund

The Fund seeks to generate long term capital appreciation by investing predominantly in equities and equity linked securities of midcap segment. There is no assurance or guarantee that the objectives of the scheme will be realised.

Benchmark for this scheme will be – S&P BSE 150 MIDCAP INDEX and the scheme is an open ended equity scheme predominantly investing in midcap stocks.

The fund will be managed by Mr Sahin Relekar. Sachin is an industry expert with over 20 years of experience. He has been managing funds across the market cap spectrum and focuses on quality companies that can generate superior long-term returns. At IDFC AMC, Sachin manages IDFC Flexi Cap Fund, IDFC Infrastructure Fund, IDFC Balanced Advantage Fund and IDFC Equity Savings Fund.

NFO Details

IDFC Midcap Fund opened on 28 July. You can apply for the same and invest for a sum of more than Rs. 5,000.

Event Date
IDFC Midcap Fund NFO Opens July 28
IDFC Midcap Fund NFO Closes August 11
IDFC Midcap Fund Allotment Date August 18

Steps for applying for the NFO

  • Log in to your Paytm Money
  • Select IDFC Midcap Fund NFO
  • Enter Amount you wish to invest
  • Pay via UPI/net banking

Disclaimer – Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Paytm Money Ltd SEBI Reg. No. INA100009859, Regd. Office: 136, 1st Floor, Devika Tower, Nehru Place, Delhi – 110019. The MF/NFO offering is non Exchange traded products and Paytm Money Ltd (PML) is acting as an agent for distributing the same. Please note all disputes with respect to the distribution activity, would not have access to the Exchange investor redressal forum or Arbitration mechanism. This information is purely based on publicly available data and in no way to be considered as advice or recommendation.