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 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 Months
0.00%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
ADDITIONAL INFO
Fund Manager
ISIN INF397L01KK6
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 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.

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
108.656 38.77% 1,269 cr 0.78% Below Average
141.140 38.02% 810 cr 1.01% Below Average


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