Home › Mutual Funds › IDBI Mutual Fund › IDBI Banking Financial Services Fund Direct Growth
Latest NAV & returns of IDBI ASSET MANAGEMENT SERVICES LTD

IDBI Banking Financial Services Fund Direct Growth

Add To Compare

12.400 (2.564%)
NAV on May 20, 2022
Category Equity:
Sector - Financial Services
Investment StyleBox
Large Growth
Total Assets 87 cr
Turnover Ratio 995.09%
Expense Ratio 1.50%
Exit Load 1.00%if redeemed within
12 Months0.00%if redeemed after 12 Months
Returns
  • 1M: -6.63%
  • 1Y: -2.44%
  • 3M: -10.47%
  • 3Y: 4.04%
  • 6M: -15.18%
  • 5Y: N/A
Min Investment 5,000
Buy Now Start SIP
ADDITIONAL INFO
Fund Manager Alok Ranjan (Since 9 months)
ISIN INF397L01KM2
Fund Family IDBI
P/E Ratio 22.31
P/B Ratio 2.77
Launch Date May 29, 2018
Benchmark IISL Nifty Financial Services TR INR
ASSET ALLOCATION
EQUITY DISTRIBUTION
RISK MEASURES (3 yrs)
vs IISL Nifty Financial Services TR INR

Alpha -2.54
Beta 0.95
R-Squared 98.84
Info Ratio -0.86
Tracking Err 3.41
Sortino 0.346
Sharpe 0.254
Std Dev 28.811
Risk Below Average
SECTOR WEIGHTINGS (%)
Financial 100.0%
Industrial 0.0%
Technology 0.0%
Basic Materials 0.0%
Consumer Cyclical 0.0%
Utilities Services 0.0%
Healthcare Services 0.00%
Energy Services 0.00%
Communication Services 0.00%
Consumer Defensive 0.00%
Real Estate 0.00%
INVESTMENT OBJECTIVE

The objective of the scheme is to provide investors maximum growth opportunities and to achieve long term capital appreciation by predominantly investing in equity and equity related instruments of companies engaged in Banking and Financial Services Sector. However 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 Sector Financial Services Funds
NAME LATEST
NAV		 RETURNS
1y       		FUND
ASSETS 		EXPENSE
RATIO		 RISK
Religare invesco mutual fund
Invesco India Financial Services Fund Direct Plan Growth
79.250 0.42% 415 cr 1.23% Low
Sbi
SBI Banking & Financial Services Direct Growth
24.102 -0.53% 3,240 cr 0.80% Average
Tata
Tata Banking & Financial Services Fund Direct Growth
25.308 -1.84% 947 cr 0.81% Low
Best Sector Financial Services Funds
NAME LATEST
NAV		 RETURNS
1y     		FUND
ASSETS		 Expense
RATIO		 RISK
Reliance
Nippon India Banking & Financial Services Fund Direct Plan - Growth
352.531 8.10% 3,316 cr 1.37% High
Sundaram mutual fund
Sundaram Financial Services Opportunities Fund Direct Plan Growth Option
57.763 1.32% 511 cr 1.18% Average
Religare invesco mutual fund
Invesco India Financial Services Fund Direct Plan Growth
79.250 0.42% 415 cr 1.23% Low
Tata
Tata Banking & Financial Services Fund Direct Growth
25.308 -1.84% 947 cr 0.81% Low


Other plans of IDBI Banking & Financial Services


Other Equity funds by IDBI

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