This document summarizes information about the IDFC Large Cap Fund, an open-ended equity scheme that predominantly invests in large cap stocks. The fund aims to generate steady returns through a three pillar strategy of buying leading stocks in the right sectors, sector leaders, and opportunistic allocation to mid/small caps. It has a growth and quality oriented investment style focused on companies with strong earnings visibility and returns. As of December 2020, its top holdings included HDFC Bank, Reliance Industries, Housing Development Finance Corporation, and Infosys.

1. (Previously known as IDFC Equity Fund)
Large Cap Fund - An open ended equity scheme predominantly investing in Large Cap Stocks
IDFC LARGE CAP FUND
IDFC LARGE CAP FUND
Category: Large Cap
Inception Date:
9th June 2006
Fund Manager:
Mr. Sumit Agrawal and
Mr. Arpit Kapoor
(w.e.f. 01/03/2017)
Benchmark:
S&P BSE 100 TRI
(w.e.f. 18/04/2017)
Exit Load: NIL
(w.e.f. 4th February 2019)
SIP Frequency: Monthly
(Investor may choose any
day of the month except
29th, 30th and 31st as the
date of installment.)
Minimum Investment
Amount: `5,000/- and
any amount thereafer.
Beta: 0.90
R Square: 0.96
Standard Deviation
(Annualized): 20.35%
Total Expense Ratio:
Regular: 2.54%
Direct: 1.34%
Monthly Avg AUM:
`628.03 Crores
FUND FEATURES:
Sharpe Ratio: 0.20
The fund aims to generate steady returns by investing in the leading stocks of the
chosen sectors, predominantly amongst the large cap universe. The portfolio
approach is based on a robust three pillar strategy, namely:
Buying the right sectors – Identifying and investing in the right sectors with the
flexibility to have large deviations from the benchmark sector weights.
Buying the sector leaders - Investing in sector leader companies having strong
fundamentals, solid execution track record and a resilient balance sheet to
withstand any cyclical downturns.
Tactical allocation to mid/small caps – Opportunistic allocation to take advantage
of any mispriced opportunities or a benevolent risk-on environment.
The fund has a “Growth” and “Quality” oriented investment style, and is focused
on companies having a strong visibility of earnings coupled with healthy Returns
On Capital employed.
TOP 5
STOCKS
HDFC
Bank Ltd.
Reliance
Industries
Ltd.
Housing
Development Finance
Corporation Ltd
Infosys Ltd. Bharti Airtel
Ltd.
8.62%
8.46% 8.38%
7.22%
6.78%
TOP 5
INDUSTRIES
10.09%
Banks
20.73% 19.69% 8.46%
12.49%
Software Consumer
Non Durables
Finance Petroleum
Products

2. Stable Cyclical Total
Large Cap 65% 35% 100%
Mid Cap 0% 0% 0%
Small Cap 0% 0% 0%
Total 65% 35%
IDFC Large Cap Fund
Stable Cyclical Total
Large Cap 61% 35% 96%
Mid Cap 2% 2% 4%
Small Cap 0% 0% 0%
Total 63% 37%
S&P BSE 100 TRI
Stable Sectors: Retail Banks & NBFCs, IT, Consumer Staple Discretionary, Auto, HealthCare
Cyclical Sectors: Corp Banks & NBFCs, Energy Utilities, Industrials, Cement, Commodities, Telecom
Since the financial results announcement for FY20 is underway and we are awaiting the updated earnings
metrics of companies, we have avoided referring to earnings related metrics in the publication.
Data as on 31st December 2020.
Fund Positioning
Distributed by:
This product is suitable for investors who are seeking*:
• To create wealth over long term
• Investment predominantly in equity and equity
related instruments of the large cap companies
*Investors should consult their financial advisors if in
doubt about whether the product is suitable for them.
Riskometer
Investors understand that
their principal will be at
Very High risk
MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.
The Disclosures of opinions/in house views/strategy incorporated herein is provided solely to enhance the transparency about the investment strategy /
theme of the Scheme(s) and should not be treated as endorsement of the views / opinions or as an investment advice. This document should not be
construed as a research report or a recommendation to buy or sell any security. This document has been prepared on the basis of information, which is
already available in publicly accessible media or developed through analysis of IDFC Mutual Fund. The information/ views / opinions provided is for
informative purpose only and may have ceased to be current by the time it may reach the recipient, which should be taken into account before interpreting
this document. The recipient should note and understand that the information provided above may not contain all the material aspects relevant for making
an investment decision and the security may or may not continue to form part of the scheme’s portfolio in future. Investors are advised to consult their own
investment/financial advisor before making any investment decision in light of their risk appetite, investment goals and horizon. The decision of the
Investment Manager may not always be profitable; as such decisions are based on the prevailing market conditions and the understanding of the Investment
Manager. Actual market movements may vary from the anticipated trends. This information is subject to change without any prior notice. The distribution of
this document in certain jurisdictions may be prohibited or restricted or subject to registration requirements and accordingly, persons who come into
possession of this document are required to inform themselves about and to observe, any such restrictions. No person receiving a copy of this document in
such jurisdiction may act or treat this document or any part/portion thereof as constituting an invitation to him to subscribe for Units, nor should he in any
event use any this document, unless in the relevant jurisdiction such an invitation could lawfully be made to him and such document could lawfully be used
without compliance with any registration or other legal requirements. No residents from Canada, United States persons (subject to restrictions) shall be
eligible to invest in schemes of IDFC Mutual Fund. An investor should ensure compliance with regulatory laws of respective jurisdictions to determine
whether they are eligible to invest in schemes of IDFC Mutual Fund. The Company reserves the right to make modifications and alterations to this statement
as may be required from time to time. Neither IDFC Mutual Fund / IDFC AMC Trustee Co. Ltd./ IDFC Asset Management Co. Ltd nor IDFC, its Directors or
representatives shall be liable for any damages whether direct or indirect, incidental, punitive special or consequential including lost revenue or lost profits
that may arise from or in connection with the use of the information.
IDFC Mutual Fund
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MARKET
CAP SPLIT
Large Cap
Mid Cap
Small Cap
100%
Sector - Overweight/Underweight
PORTFOLIO
POSITIONING
Benchmark %
0.8%
Financials
-1.4%
Auto
-2.3%
Information
Technology
Industrials
-2.9%
Utilities
2.1%
Telecommunication
Services
-1.1%
Energy
1.0%
Commodities
5.2%
Consumer
Discretionary
1.4%
Cement/
Building
Mat
5.1%
Health
Care
-3.2%
Consumer
Staples
-4.6%
This is the current investment strategy. The investment strategy & asset allocation will be as per provisions of the Scheme Information Document.