Home › Mutual Funds › IDBI Mutual Fund › IDBI Equity Advantage Fund Direct Growth
Latest NAV & returns of IDBI ASSET MANAGEMENT SERVICES LTD

IDBI Equity Advantage Fund Direct Growth

Add To Compare

previously known as IDBI Equity Advantage Dir Gr until

48.770 (0.103%)
NAV on July 28, 2023
Category Equity:
ELSS (Tax Savings)
Investment StyleBox
Large Growth
Total Assets 485 cr
Turnover Ratio 259.11%
Expense Ratio 1.21%
Exit Load -
Returns
  • 1M: 3.22%
  • 1Y: 18.35%
  • 3M: 9.99%
  • 3Y: 22.30%
  • 6M: 15.79%
  • 5Y: 11.38%
Min Investment 500
Buy Now Start SIP
ADDITIONAL INFO
Fund Manager
ISIN INF397L01EC6
Fund Family IDBI
P/E Ratio 25.91
P/B Ratio 3.80
Launch Date September 10, 2013
Benchmark IISL Nifty 500 TR INR
ASSET ALLOCATION
EQUITY DISTRIBUTION
RISK MEASURES (3 yrs)
vs IISL Nifty 500 TR INR

Alpha -1.42
Beta 0.89
R-Squared 87.83
Info Ratio -0.85
Tracking Err 5.14
Sortino 2.304
Sharpe 1.166
Std Dev 13.897
Risk Below Average
SECTOR WEIGHTINGS (%)
Financial 35.11%
Industrial 16.37%
Technology 11.44%
Basic Materials 18.53%
Consumer Cyclical 7.85%
Utilities Services 0.0%
Healthcare Services 1.92%
Energy Services 5.04%
Communication Services 1.19%
Consumer Defensive 2.56%
Real Estate 0.00%
INVESTMENT OBJECTIVE

The 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. There can be no assurance that the investment objective under the scheme will be realized.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

View Factsheet
Top Arbitrage Fund Funds
NAME LATEST
NAV		 RETURNS
1y       		FUND
ASSETS 		EXPENSE
RATIO		 RISK
Quant
Quant ELSS Tax Saver Growth Option Direct Plan
415.706 60.59% 9,361 cr 0.77% High
Top Elss (Tax Savings) Funds
NAME LATEST
NAV		 RETURNS
1y       		FUND
ASSETS 		EXPENSE
RATIO		 RISK
Sbi
SBI Long Term Equity Fund Direct Growth
422.779 59.79% 23,412 cr 0.94% Above Average
Motilal
Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth
50.691 58.75% 3,402 cr 0.67% High
Boi axa
Bank of India ELSS Tax Saver Fund Direct Plan Growth
184.020 56.41% 1,298 cr 1.19% High
Jm
JM Tax Gain Fund (Direct) - Growth
50.388 51.88% 141 cr 1.13% Above Average
Dsp
DSP ELSS Tax Saver Fund Direct Plan Growth
132.414 43.82% 14,860 cr 0.79% Average
Kotak
Kotak ELSS Tax Saver-Scheme-Growth - Direct
126.553 42.80% 5,608 cr 0.58% Below Average
Best Arbitrage Fund Funds
NAME LATEST
NAV		 RETURNS
1y     		FUND
ASSETS		 Expense
RATIO		 RISK
Quant
Quant ELSS Tax Saver Growth Option Direct Plan
415.706 60.59% 9,361 cr 0.77% High
Best Elss (Tax Savings) Funds
NAME LATEST
NAV		 RETURNS
1y     		FUND
ASSETS		 Expense
RATIO		 RISK
Sbi
SBI Long Term Equity Fund Direct Growth
422.779 59.79% 23,412 cr 0.94% Above Average
Boi axa
Bank of India ELSS Tax Saver Fund Direct Plan Growth
184.020 56.41% 1,298 cr 1.19% High
Hdfc
HDFC ELSS TaxSaver -Direct Plan - Growth Option
1306.307 46.66% 14,475 cr 1.14% Below Average


Other plans of IDBI Equity Advantage Fund


Other Equity funds by IDBI

Data Partner
Click here to visit AMC website and
read all scheme related documents IDBI Fund