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IDBI Mutual Fund

IDBI Equity Advantage Fund Direct - Growth

NAV
returns change indicator
34.9100
as on 09 Apr 2021, 10:20 PM
-0.2000(0.57%)
Last Change
loaderloader
lockThis fund has a lock-in period of 3 years.

Scheme Ratings

3
starstarstarstarstar
rated by Morningstar
2
starstarstarstarstar
rated by Value Research

Start SIP in this Mutual Fund

Min SIP Amount
1,000
Suggested Date
15th of Every Month

Investment Performance

would have given a return of
110,871
star
121,647
star
118,611
star
123,619
star
Bank Account
Fixed Deposit
Regular Mutual Fund
This Fund on Paytm Money
This Mutual Fund
23,619
Profit (absolute return)
23.62%
in the last
1m
3m
1y
3y
5y
max
+1% Higher Returns
With Direct Plans on Paytm Money

Investment Returns

In the last 3 months
1.54%
In the last 6 months
24.01%
In the last 1 year
42.96%
In the last 3 years
23.62%
In the last 5 years
76.40%
In the last 10 years
NA
Absolute Returns
CAGR

Scheme Riskometer

low
low
low to moderate
low to moderate
moderate
moderate
moderately high
moderately high
high
high
very high
very high
indicator
Investors understand that their principal will be at very high risk

Scheme Information

IDBI Equity Advantage Fund Direct - Growth
IDBI Equity Advantage Fund Direct - Growth
as of 31 Mar 2021, 05:30 AM
506.42 Cr
Scheme Asset Size
Fund Type
Open-End
Exit Load
No charges on withdrawal
1.21%
Expense Ratio
Plan
Growth
2.07%
Cash Holding
Benchmark
S&P BSE 200 Total Return Index
Scheme Document
Benchmark
S&P BSE 200 Total Return Index
Exit Load
No charges on withdrawal
Scheme Document

Sectors Holding in this Mutual Fund

as on 31 Mar 2021
Sort By
Financial
36.54%
185.04 Cr
Technology
12.87%
65.18 Cr
FMCG
9.33%
47.25 Cr
Chemicals
7.67%
38.84 Cr
Automobile
7.13%
36.11 Cr
Energy
7.02%
35.55 Cr
Construction
6.88%
34.84 Cr
Engineering
3.29%
16.66 Cr
Textiles
2.62%
13.27 Cr
Healthcare
2.29%
11.60 Cr
View All
View All

Companies Holding in this Mutual Fund

as on 31 Mar 2021
Sort By
HDFC Bank Ltd.
7.50%
37.98 Cr
ICICI Bank Ltd.
5.84%
29.57 Cr
Infosys Ltd.
5.14%
26.03 Cr
Reliance Industries Ltd.
5.04%
25.52 Cr
Bajaj Finance Ltd.
4.45%
22.54 Cr
Housing Development Finance Corpn. Ltd.
4.04%
20.46 Cr
Kotak Mahindra Bank Ltd.
3.56%
18.03 Cr
ABB India Ltd.
3.29%
16.66 Cr
Sundaram Finance Ltd.
2.83%
14.33 Cr
HCL Technologies Ltd.
2.81%
14.23 Cr
View All
View All

About IDBI Equity Advantage Fund Direct - Growth

IDBI Equity Advantage Fund Direct - Growth is a Tax Saver mutual fund scheme from IDBI Mutual Fund. This scheme was launched on 10 Sep 2013 and is currently managed by its fund manager Uma Venkatraman. It has an AUM of ₹506.42 Crores and the latest NAV decalared is ₹34.910 as on 11 Apr 2021 at 12:12 pm.
IDBI Equity Advantage Fund Direct - Growth scheme return performance in last 1 year is 42.96%, in last 3 years is 23.62% and 248.40% since scheme launch. The min. SIP amount to invest in this scheme is ₹500.

Scheme Details

AUM:506.42 Cr
Category:Equity: ELSS
Launch Date:10 Sep 2013
Fund Type:Open-End

Scheme Objective

The scheme seeks to invest in equity and equity related instruments with the objective to provide investors with opportunities for capital appreciation and income along with the benefit of income tax deduction (under Section 80c of the Income Tax Act, 1961) on their investments, subject to a statutory lock-in for three years.

About Fund Category

Having a statutory lock-in period of 3 years, ELSS Funds enable long term wealth accumulation along with the benefit of tax saving. Investing in ELSS Funds makes you eligible to claim a tax deduction of up to Rs 1.5 lakh under Section 80C of the Income Tax Act 1961.

AMC Information

IDBI Mutual Fund
IDBI Mutual Fund
View AMC Details
4,192.67 Cr
AUM
72
Schemes
Address
Address
4th Floor, IDBI Tower,WTC Complex, Cuffe Parade,Colaba,400005
Phone Number
Phone Number
Phone : 022-66442800 / 1800-419-4324
Fax : 022-66442801