IDBI Equity Advantage Fund Direct Growth-1.16%

3Groww
-9.94%
1 Year Return
Equity
ELSS
3.0 star
6M
1Y
3Y
5Y
All

Fund Details

IDBI Equity Advantage Fund Direct Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio1.17%
NAV26.99 (08 Jul 2019)
Fund Started09 Sep 2013
Fund Size547 Cr

Returns

1Y
3Y*
5Y*
Since inception*
IDBI Equity Advantage Fund Direct Growth
-9.9%
6.4%
11.2%
17.7%
Category Average
NA
NA
NA
-
Rank within category
NA
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with -9.9% annual returns

    Comparison

    Data not available
    Pros
    1. Risk is lower compared to the benchmark
    2. Exit load is zero
    Cons
    1. Age is less than 5 years
    2. Risk-adjusted returns are lower compared to the category
    3. 1Y Returns are lower than the benchmark
    4. 3Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    Tvs Motor Company Ltd.AutomobileEquity7.1%
    Page Industries Ltd.TextilesEquity6.9%
    Cholamandalam Investment and Finance Company Ltd.Financial ServicesEquity6.5%
    Pidilite Industries Ltd.ChemicalsEquity6.0%
    GRUH Finance Ltd.Financial ServicesEquity5.6%
    MRF Ltd.AutomobileEquity5.3%
    Eicher Motors Ltd.AutomobileEquity4.9%
    Kotak Mahindra Bank Ltd.Financial ServicesEquity4.8%
    VST Industries Ltd.Consumer GoodsEquity4.5%
    Asian Paints Ltd.Consumer GoodsEquity4.2%
    See All

    Fund Managers

    add
    Education
    Experience
    Funds Managed

    Other Details

    IDBI Equity Advantage Fund Direct Growth is a Equity Mutual Fund Scheme launched by IDBI Mutual Fund. This scheme was introduced to investors on 09 Sep 2013. V Balasubramanian is the Current Fund Manager of IDBI Equity Advantage Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹547 Cr and the Latest NAV as of 08 Jul 2019 is ₹26.99.

    The IDBI Equity Advantage Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Nil.

    Investment Objective

    Scheme will seek to invest predominantly in a diversified portfolio of 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. Investments in this scheme would be subject to a statutory lock-in of 3 years from the date of allotment to be eligible for income-tax benefits under Section 80C.

    Tax Implications

    Scheme Information Document(SID)

    ₹500
    Min for First Investment
    ₹500
    Min for Second Investment
    Nil
    Exit Load

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    About IDBI Mutual Fund

    Address
    5th floor, Mafatlal Centre, Nariman Point Mumbai 400021
    Phone
    022-6644 2800
    Launch Date
    28 Mar 2010
    IDBI Mutual Fund
    Asset Management Company
    Custodian
    SBI SG Global Securities Services Pvt.Ltd.
    Registrar & Transfer Agent
    Karvy
    Address
    NA
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