Skip to main content

Instant redemption funds, UPI payments, KYC and more on the MobiKwik App!

Latest NAV & returns of IDBI ASSET MANAGEMENT SERVICES LTD

IDBI Banking Financial Services Fund Direct Growth

Add To Compare

NAV on July 28, 2023
Category Equity:
Sector - Financial Services
Investment StyleBox
Total Assets ₹87 cr
Turnover Ratio 345.93%
Expense Ratio 1.50%
Exit Load 1.00%if redeemed within
12 Months
0.00%if redeemed after 12 Months
Returns
  • 1M: Positive return: 1.94%
  • 1Y: Positive return: 18.73%
  • 3M: Positive return: 7.67%
  • 3Y: Positive return: 21.91%
  • 6M: Positive return: 14.40%
  • 5Y: Positive return: 9.92%
Min Investment ₹5,000
ADDITIONAL INFO
Fund Manager
ISIN INF397L01KM2
Fund Family IDBI
P/E Ratio 19.48
P/B Ratio 2.89
Launch Date May 29, 2018
Benchmark IISL Nifty Financial Services TR INR

Asset Allocation

  • Equity: 95.4%
  • Debt: 4.6%
EQUITY DISTRIBUTION
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 Sector Financial Services Funds

Name Latest NAV Returns 1y   Fund Assets Expense Ratio Risk
₹ 21.568 15.87% ₹ 922 cr 1.89% High
₹ 171.010 5.16% ₹ 1,896 cr 0.94% Below Average
₹ 47.592 -0.70% ₹ 10,873 cr 1.20% Low