IDLC Growth Fund (IGF)

Growth+ dividends

IDLC Growth Fund (IGF) returned 10.30% a year over the last 3 years, with cash dividends reinvested, based on NAV history through 2 Sep 2026.

Open-end growth mutual fund in Bangladesh, managed by IDLC Asset Management Limited (IDLC AML). Tracked since Jul 2019, with dividends reinvested by default or taken as cash.

৳13.07NAV per unit
৳96 crFund size
7.2 yrsSince Jul 2019
+5.95%Per year, since launch
Start 100Now 151

Total-return path since Jul 2019, dividends reinvested.

Index, not taka.

See the numbers behind this chart
Month-by-month total-return index for IDLC Growth Fund, dividends reinvested
MonthTotal-return index
Jul 2019100.00
Aug 2019100.00
Sep 2019100.00
Oct 2019100.00
Nov 201989.40
Dec 201986.50
Jan 202084.80
Feb 202085.60
Mar 202084.40
Apr 202084.40
May 202084.40
Jun 202084.40
Jul 202085.30
Aug 202085.30
Sep 202085.30
Oct 202093.40
Nov 202097.10
Dec 2020107.40
Jan 2021125.00
Feb 2021119.50
Mar 2021119.50
Apr 2021119.50
May 2021125.10
Jun 2021123.30
Jul 2021115.30
Aug 2021118.60
Sep 2021127.70
Oct 2021122.60
Nov 2021122.80
Dec 2021120.60
Jan 2022120.60
Feb 2022121.00
Mar 2022118.70
Apr 2022118.60
May 2022114.60
Jun 2022115.30
Jul 2022100.70
Aug 2022103.70
Sep 2022105.70
Oct 2022116.10
Nov 2022117.10
Dec 2022117.40
Jan 2023117.60
Feb 2023117.70
Mar 2023118.70
Apr 2023119.70
May 2023120.00
Jun 2023119.70
Jul 2023119.70
Aug 2023113.20
Sep 2023112.80
Oct 2023120.70
Nov 2023120.50
Dec 2023121.00
Jan 2024121.10
Feb 2024122.90
Mar 2024118.40
Apr 2024115.80
May 2024112.10
Jun 2024116.60
Jul 2024116.60
Aug 2024127.10
Sep 2024124.40
Oct 2024120.60
Nov 2024122.60
Dec 2024123.00
Jan 2025124.30
Feb 2025125.50
Mar 2025129.10
Apr 2025126.80
May 2025125.10
Jun 2025129.10
Jul 2025135.60
Aug 2025141.80
Sep 2025138.60
Oct 2025142.40
Nov 2025137.20
Dec 2025137.20
Jan 2026144.20
Feb 2026155.30
Mar 2026150.60
Apr 2026149.50
May 2026148.40
Jun 2026157.90
Jul 2026154.00
Aug 2026154.00
Sep 2026151.30

Latest NAV date: 2 Sep 2026.Source: IDLC Asset Management Limited (IDLC AML)'s website.Figures as of 2 Sep 2026.

Historical returns

Total return reinvests every dividend. “Per year” is the annualized compound rate. The last column is the return on a fixed amount invested every month (SIP).

Return period Total return Per year Monthly SIP /yr
6 months+0.46%+0.92%-2.26%
Year to date+10.30%+13.96%+2.35%
1 year+9.19%+9.19%+6.13%
2 years+21.61%+10.28%+10.54%
3 years+34.18%+10.30%+10.38%
5 years+18.55%+3.46%+7.96%
Max (7.2 yrs)+51.33%+5.95%+7.45%

Bars in each column are relative to the largest figure in that column, not a 0 to 100% scale.

Figures as of 2 Sep 2026 Total return includes the fund’s cash dividends (about 4%/yr), reinvested by default.

Rolling returns & path risk

A single look-back can flatter or punish a start date. These figures walk the whole history.

Rolling window Latest Median Best Worst Windows
1 year+9.16%+6.72%+49.71%-17.23%75
3 years+10.28%+7.03%+12.45%-3.59%51

Each window is annualized total return (dividends reinvested). Latest is the most recent closed window; median / best / worst summarize every overlapping window of that length. Tap ? on a column header for a short tip.

Path risk over the same fixed 3-year window as the rating:

6.1%Downside deviation
-9%Worst drop
92%Positive 12-mo windows
12.1%Volatility (ann.)

Downside deviation only counts losing months. Worst drop is the deepest peak-to-trough fall inside the window. These are measured facts from the NAV series; the star composite that uses them stays experimental.

Calculate your return

Just this fund. Set an amount, pick one-time or monthly, and choose a period.

৳
Dividends
See the numbers behind this chart
Month-by-month value of a ৳1,000 lump sum in IDLC Growth Fund, dividends reinvested
MonthValue of ৳1,000
Jul 2019৳1,000
Aug 2019৳1,000
Sep 2019৳1,000
Oct 2019৳1,000
Nov 2019৳894
Dec 2019৳865
Jan 2020৳848
Feb 2020৳856
Mar 2020৳844
Apr 2020৳844
May 2020৳844
Jun 2020৳844
Jul 2020৳853
Aug 2020৳853
Sep 2020৳853
Oct 2020৳934
Nov 2020৳971
Dec 2020৳1,074
Jan 2021৳1,250
Feb 2021৳1,195
Mar 2021৳1,195
Apr 2021৳1,195
May 2021৳1,251
Jun 2021৳1,233
Jul 2021৳1,153
Aug 2021৳1,186
Sep 2021৳1,277
Oct 2021৳1,226
Nov 2021৳1,228
Dec 2021৳1,206
Jan 2022৳1,206
Feb 2022৳1,210
Mar 2022৳1,187
Apr 2022৳1,186
May 2022৳1,146
Jun 2022৳1,153
Jul 2022৳1,007
Aug 2022৳1,037
Sep 2022৳1,057
Oct 2022৳1,161
Nov 2022৳1,171
Dec 2022৳1,174
Jan 2023৳1,176
Feb 2023৳1,177
Mar 2023৳1,187
Apr 2023৳1,197
May 2023৳1,200
Jun 2023৳1,197
Jul 2023৳1,197
Aug 2023৳1,132
Sep 2023৳1,128
Oct 2023৳1,207
Nov 2023৳1,205
Dec 2023৳1,210
Jan 2024৳1,211
Feb 2024৳1,229
Mar 2024৳1,184
Apr 2024৳1,158
May 2024৳1,121
Jun 2024৳1,166
Jul 2024৳1,166
Aug 2024৳1,271
Sep 2024৳1,244
Oct 2024৳1,206
Nov 2024৳1,226
Dec 2024৳1,230
Jan 2025৳1,243
Feb 2025৳1,255
Mar 2025৳1,291
Apr 2025৳1,268
May 2025৳1,251
Jun 2025৳1,291
Jul 2025৳1,356
Aug 2025৳1,418
Sep 2025৳1,386
Oct 2025৳1,424
Nov 2025৳1,372
Dec 2025৳1,372
Jan 2026৳1,442
Feb 2026৳1,553
Mar 2026৳1,506
Apr 2026৳1,495
May 2026৳1,484
Jun 2026৳1,579
Jul 2026৳1,540
Aug 2026৳1,540
Sep 2026৳1,513
৳1,000 · Jul 2019৳1,513 · 2 Sep 2026

Total-return NAV rebased to your amount. Dividends are reinvested by default; switch to taken as cash above.

Fund details

Management fee2.50% down to 1.00% per year (tiered by fund size)
Early-exit feeExit load up to 2% (set by the AMC board); no entry load
Minimum investmentBDT 5,000 individual / BDT 50,000 institution
LiquidityOpen-end, redeemable weekly at NAV
Asset managerIDLC Asset Management Limited (IDLC AML)
SponsorIDLC Finance
TrusteeBangladesh General Insurance Company
CustodianBRAC Bank
Face valueBDT 10 per unit

What IDLC Growth Fund holds

As of 30 Jun 2026

From the fund’s quarterly portfolio disclosure. Percentages by market value.

Asset mix
Listed equity 78.12%Cash at bank 13.87%FDR / term deposit 4.43%Government treasury bond 3.22%Corporate bond 0.36%
Sector allocation
Bank34.50%
Pharmaceuticals & Chemicals16.97%
Telecommunication13.14%
Cement9.91%
Food & Allied3.60%
Top holdings
BRAC Bank15.57%
avg cost ৳38.58 · stmt mkt ৳65.50
Beximco Pharmaceuticals10.54%
avg cost ৳122.27 · stmt mkt ৳140.60
City Bank10.08%
avg cost ৳29.18 · stmt mkt ৳32.00
LafargeHolcim Bangladesh9.91%
avg cost ৳51.86 · stmt mkt ৳56.00
Robi Axiata9.52%
avg cost ৳31.41 · stmt mkt ৳32.60
Square Pharmaceuticals6.43%
avg cost ৳220.65 · stmt mkt ৳223.99
Jamuna Bank4.65%
avg cost ৳24.25 · stmt mkt ৳24.00
Bank Asia4.21%
avg cost ৳19.70 · stmt mkt ৳18.40
Grameenphone3.62%
avg cost ৳258.00 · stmt mkt ৳259.63
Olympic Industries3.60%
avg cost ৳154.27 · stmt mkt ৳155.02
20Y government treasury bond3.22%
avg cost ৳93.13 · stmt mkt ৳103.83
APSCL corporate bond0.36%
avg cost ৳1,235.31 · stmt mkt ৳1,114.64

Each bar is sized against the largest name in this list, so you can compare them to each other. The percentage is still that name’s share of the whole fund.

Its 5 largest holdings are 55.62% of the fund.

What changed in the latest statement

31 Mar 2026 → 30 Jun 2026before now

+ Jamuna Bank · new, 4.65%+ Grameenphone · new, 3.62%+ Olympic Industries · new, 3.60%− Bangladesh Submarine Cables · no longer held
Bank Asia9.41% → 4.21%
Square Pharmaceuticals9.00% → 6.43%
LafargeHolcim Bangladesh7.75% → 9.91%
Beximco Pharmaceuticals11.97% → 10.54%

Asset mix: Listed equity 80.52% → 78.12%; Cash at bank 10.75% → 13.87%.

Its 5 largest holdings went from 56.20% to 55.62% of the fund.

Position sizes shift with both trading and market prices; both snapshots come from the fund manager’s own statements.

✓ Verified from IDLC quarterly portfolio statement (30 Jun 2026). Holdings are disclosed quarterly, so they can lag the latest daily NAV.

Side by side with another fund

Questions about IDLC Growth Fund (IGF)

What kind of fund is IDLC Growth Fund?
IDLC Growth Fund is an open-end growth mutual fund in Bangladesh, managed by IDLC Asset Management Limited (IDLC AML). You buy and redeem units at its published net asset value (NAV), and it has no fixed maturity.

What is the historical return of IDLC Growth Fund?
Over roughly 7.2 years to 2 Sep 2026, IDLC Growth Fund returned about +5.95% per year, as a total return with dividends reinvested. The figure changes with the period you choose, and past performance does not guarantee future results.

What are the fees for IDLC Growth Fund?
IDLC Growth Fund charges a management fee of 2.50% down to 1.00% per year (tiered by fund size). Its published NAV, and so every return shown, is already net of this fee.

Does IDLC Growth Fund have an exit load?
Exit load up to 2% (set by the AMC board); no entry load.

What is the minimum investment for IDLC Growth Fund?
IDLC Growth Fund has a one-time minimum of BDT 5,000 individual / BDT 50,000 institution and a monthly SIP from BDT 5,000/month.

Is IDLC Growth Fund Shariah-compliant?
No. IDLC Growth Fund is a conventional open-end fund, not Shariah-certified. ReturnKoto? has a one-tap filter to show only Shariah funds.

Compare IDLC Growth Fund (IGF) with other funds →
ExperimentalReturnKoto? ratingstill being calibrated

Rules-based rating for each fund. Experimental; treat as one input for your own research. Every sub-score is on the ratings page.

3 of 55th of 16 growth funds

A rules-based score over the same fixed 3-year window every fund is measured on: return against its benchmark, downside deviation, worst drop and consistency, on a scale set for growth funds.

5-year rating: 3 of 5 over the same fixed 5-year window (9th of 14).

Stars capped at 3: over this window its return did not beat both of its yardsticks, the 91-day T-bill and (for equity funds) the DSEX index.

Return / year (3 yr)
+8.80%
Downside deviation
6.1%
Worst drop
-9%
Consistency
92%
Versus the market (DSEX)

Beta 0.45 · historically moved about 0.45% for each 1% move in the DSEX market index. DSEX explains roughly 24% of its month-to-month swings.

✓ Rules-based, measured from the fund’s own NAV history. How the rating will work.