Latest NAV & returns of IDBI ASSET MANAGEMENT SERVICES LTD

IDBI Banking Financial Services Fund Direct Reinvestment of Income Distribution cum Cap wdrl

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NAV on June 05, 2023
Category Equity:
Sector - Financial Services
Investment StyleBox
Large Growth
Total Assets 84 cr
Turnover Ratio 662.77%
Expense Ratio 1.50%
Exit Load 1.00%if redeemed within
12 Months
0.00%if redeemed after 12 Months
Returns
  • 1M: 3.50%
  • 1Y: 22.04%
  • 3M: 8.29%
  • 3Y: 23.35%
  • 6M: 2.55%
  • 5Y: 9.40%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Alok Ranjan (Since almost 2 years)
ISIN INF397L01KK6
Fund Family IDBI
P/E Ratio 20.37
P/B Ratio 2.84
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 0.00
Beta 0.94
R-Squared 97.92
Info Ratio -0.44
Tracking Err 3.29
Sortino 2.342
Sharpe 1.016
Std Dev 20.881
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.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

View Factsheet

Top Sector Financial Services Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
77.195 29.03% 659 cr 0.97% Below Average
101.020 24.96% 505 cr 1.08% Low
Best Sector Financial Services Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
33.735 30.18% 1,363 cr 0.57% Low
17.923 29.19% 141 cr 1.54% Below Average
77.195 29.03% 659 cr 0.97% Below Average
461.855 27.75% 3,982 cr 1.2% Above Average
14.801 25.86% 1,320 cr 0.55% -
101.020 24.96% 505 cr 1.08% Low
Best Arbitrage Fund Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
12.431 27.64% 2,632 cr 0.41% -


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