Item: IDBI Banking Financial Services Fund Direct Growth
Rating: 3
Author: Morningstar

Home › Mutual Funds › IDBI Mutual Fund › IDBI Banking Financial Services Fund Direct Growth

16.290 (-0.306%)

NAV on July 28, 2023

Category Equity:
Sector - Financial Services

Investment StyleBox

Large Growth

Total Assets 87 cr

Turnover Ratio 345.93%

Expense Ratio 1.50%

Exit Load 1.00%if redeemed within
12 Months0.00%if redeemed after 12 Months

Returns

1M: 1.94%
1Y: 18.73%
3M: 7.67%
3Y: 21.91%
6M: 14.40%
5Y: 9.92%

Min Investment 5,000

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RISK MEASURES (3 yrs)

vs IISL Nifty Financial Services TR INR

Alpha -0.05

Beta 0.94

R-Squared 97.81

Info Ratio -0.40

Tracking Err 3.29

Sortino 2.060

Sharpe 0.919

Std Dev 20.300

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 Rated
Top Performing

Top Sector Financial Services Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Tata Banking & Financial Services Fund Direct Growth	45.621	18.41%	2,285 cr	0.57%	Average
Invesco India Financial Services Fund Direct Plan Growth	147.150	15.27%	1,094 cr	0.87%	High
Sundaram Financial Services Opportunities Fund Direct Plan Growth Option	107.020	9.69%	1,325 cr	0.87%	Above Average

Best Sector Financial Services Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
SBI Banking & Financial Services Direct Growth	43.020	18.72%	6,475 cr	0.9%	Low
Tata Banking & Financial Services Fund Direct Growth	45.621	18.41%	2,285 cr	0.57%	Average
UTI Banking and Financial Services Fund-Direct Growth Option	199.631	15.91%	1,107 cr	1.2%	Average
Invesco India Financial Services Fund Direct Plan Growth	147.150	15.27%	1,094 cr	0.87%	High