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

Home › Mutual Funds › IDBI Mutual Fund › IDBI Banking Financial Services Fund Direct Reinvestment 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: 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

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.

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 Rated
Top Performing

Top Sector Financial Services Funds

Name	Latest NAV	Returns 1y	Fund Assets	Expense Ratio	Risk
Quant BFSI Fund Direct Growth	₹ 19.137	-0.63%	₹ 894 cr	1.95%	High
Invesco India Financial Services Fund Direct Plan Growth	₹ 163.340	-3.91%	₹ 1,789 cr	0.96%	Average
SBI Banking & Financial Services Direct Growth	₹ 45.801	-8.42%	₹ 10,420 cr	1.19%	Low

Best Sector Financial Services Funds

Name		Latest NAV	Returns 1y	Fund Assets	Expense Ratio	Risk
Quant BFSI Fund Direct Growth		₹ 19.137	-0.63%	₹ 894 cr	1.95%	High

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

ADDITIONAL INFO

Asset Allocation

EQUITY DISTRIBUTION

RISK MEASURES (3 yrs)

SECTOR WEIGHTINGS (%)

INVESTMENT OBJECTIVE

Top Sector Financial Services Funds

Best Sector Financial Services Funds