IDBI Mutual Fund

About IDBI Mutual Fund

IDBI Mutual Fund is a mutual fund company that is managed by IDBI Asset Management Limited (IDBI AMC). It is a subsidiary of IDBI Bank, which has a rich legacy of more than 59 years.

 

IDBI Mutual Fund offers a range of mutual fund schemes across various asset classes such as equity, debt, hybrid, gold and index funds. Some of its popular schemes include IDBI Equity Advantage Fund, IDBI Short Term Bond Fund, IDBI Midcap Fund and IDBI Liquid Fund.

 

With an AUM of over ₹3,600 crores, IDBI Mutual Funds offers around 22 schemes across different categories such as ETFs (Exchange Traded Funds) and gilt funds. Choose this AMC to benefit from the investment philosophy of consistent, long-term growth.

Created	19 Oct. 2021
Incorporated	20 Apr. 1994
Mdceo	TS Ramakrishnan
Trustee	LIC Mutual Fund Trustee Company Pvt. Ltd.
Cio	NA

How to Invest in IDBI Mutual Fund?

Investing in Mutual Funds on Bajaj Markets includes a hassle-free, end-to-end online procedure with no tedious form filling or branch visitations. You can follow the steps given below on the Bajaj Markets website and the app as well. 

 

• Step 1: Log in using your mobile phone number

• Step 2: Under ‘Investments’, choose ‘Mutual Funds’

• Step 3: Fill in basic information such as your bank account number, PAN Card number, etc. 

• Step 4: Start your investment journey with Bajaj Markets once your account has been activated

   

You can invest through various payment methods like UPI, net banking, real-time gross settlement (RTGS), and national electronic funds transfer (NEFT). 

Documents Required to Invest in IDBI Mutual Fund:

Here are the documents required in order to invest in a mutual funds scheme through Bajaj Markets.

 

• PAN Card

• Voter ID

• Driving Licence

• Passport

Top Fund Managers

Here is a snapshot of some of the top fund managers at IDBI Mutual Fund.

1. Alok Ranjan

With more than two decades of experience, Alok Ranjan is an MBA in Finance. Currently the CIO and Head – Fund Management (Equity), he manages both equity and hybrid schemes. 

Before starting at IDBI Mutual Fund, he worked with Shriram Asset Management Ltd., First Global Ltd. and more. Some of the funds he manages include IDBI Healthcare Fund, IDBI Midcap Fund and IDBI Equity Advantage Fund. His total AUM stands at over ₹2,300 Crores.

2. Raju Sharma

Raju Sharma has had stints at JM Morgan Stanley, Tata Mutual Fund and Indiabulls Mutual Fund, among other firms. As a Fund Manager at IDBI Mutual Fund, he primarily oversees debt schemes with an AUM worth ₹1,100+ Crores. He is a chartered accountant and has done his bachelor’s in legislative law. Some of the schemes under his purview are the IDBI Short Term Bond Fund, IDBI Credit Risk Fund and the IDBI Ultra Short Term Fund.

3. Nisha Sharma

Fund Manager Nisha Sharma has about a decades’ worth of experience at companies such as NVS Brokerage Pvt. Ltd. A Bachelor of Commerce, she has worked in capital markets and banking. In 2023, she was appointed as an Equity and Commodities Dealer at IDBI Mutual Fund. She manages gold schemes such as the IDBI Gold Fund and the IDBI Gold Exchange Traded Fund. In addition, index schemes, such as the IDBI Nifty Junior Index Fund, also come under her purview with a total AUM worth ₹200+ Crores.

Email	br.mumbai@licmf.com
Phone	022-66016177 / 022-66016178
Address	Industrial Assurance Building Ground Floor, Opp. Churchgate Station