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

15.670 (0.320%)

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 Months0.00%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

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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 Rated
Top Performing

Top Sector Financial Services Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Sundaram Financial Services Opportunities Fund Direct Plan Growth Option	77.195	29.03%	659 cr	0.97%	Below Average
Invesco India Financial Services Fund Direct Plan Growth	101.020	24.96%	505 cr	1.08%	Low

Best Sector Financial Services Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Tata Banking & Financial Services Fund Direct Growth	33.735	30.18%	1,363 cr	0.57%	Low
LIC MF Banking & Financial Services Fund Direct Growth	17.923	29.19%	141 cr	1.54%	Below Average
Sundaram Financial Services Opportunities Fund Direct Plan Growth Option	77.195	29.03%	659 cr	0.97%	Below Average
Nippon India Banking & Financial Services Fund Direct Plan - Growth	461.855	27.75%	3,982 cr	1.2%	Above Average
Mirae Asset Banking and Financial Services Fund Direct Growth	14.801	25.86%	1,320 cr	0.55%	-
Invesco India Financial Services Fund Direct Plan Growth	101.020	24.96%	505 cr	1.08%	Low