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

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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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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
Sbi
SBI Banking & Financial Services Direct Growth
50.942 20.07% 9,813 cr 0.73% Below Average
Sundaram mutual fund
Sundaram Financial Services Opportunities Fund Direct Plan Growth Option
123.398 16.12% 1,666 cr 0.77% Above Average
Religare invesco mutual fund
Invesco India Financial Services Fund Direct Plan Growth
174.490 15.31% 1,589 cr 0.79% Above Average
Best Sector Financial Services Funds
NAME LATEST
NAV		 RETURNS
1y     		FUND
ASSETS		 Expense
RATIO		 RISK
Sbi
SBI Banking & Financial Services Direct Growth
50.942 20.07% 9,813 cr 0.73% Below Average
Religare invesco mutual fund
Invesco India Financial Services Fund Direct Plan Growth
174.490 15.31% 1,589 cr 0.79% Above Average


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