Item: IDBI Banking Financial Services Fund Direct Payout of Income Distribution cum Cap wdrl
Rating: 3
Author: Morningstar

Home › Mutual Funds › IDBI Mutual Fund › IDBI Banking Financial Services Fund Direct Payout of Income Distribution cum Cap wdrl

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.

This fund may declare and pay out a dividend to you on a periodic basis, but only when it has the profits to do so.

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	42.760	8.72%	2,324 cr	0.56%	Above Average
Invesco India Financial Services Fund Direct Plan Growth	139.410	8.40%	1,126 cr	0.87%	High
Sundaram Financial Services Opportunities Fund Direct Plan Growth Option	101.787	4.48%	1,386 cr	0.85%	Above Average

Best Sector Financial Services Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
SBI Banking & Financial Services Direct Growth	40.525	12.61%	6,556 cr	0.73%	Low
ICICI Prudential Banking and Financial Services Fund Direct Plan Growth	131.870	11.54%	9,046 cr	1.05%	Low
Nippon India Banking & Financial Services Fund Direct Plan - Growth	594.765	7.38%	6,226 cr	1.05%	Average
Sundaram Financial Services Opportunities Fund Direct Plan Growth Option	101.787	4.48%	1,386 cr	0.85%	Above Average