Latest NAV & returns of IDBI ASSET MANAGEMENT SERVICES LTD

IDBI Equity Advantage Fund Direct Growth

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previously known as IDBI Equity Advantage Dir Gr until

NAV on July 28, 2023
Category Equity:
ELSS (Tax Savings)
Investment StyleBox
Large Growth
Total Assets 485 cr
Turnover Ratio 259.11%
Expense Ratio 1.21%
Exit Load -
Returns
  • 1M: 3.22%
  • 1Y: 18.35%
  • 3M: 9.99%
  • 3Y: 22.30%
  • 6M: 15.79%
  • 5Y: 11.38%
Min Investment 500
ADDITIONAL INFO
Fund Manager
ISIN INF397L01EC6
Fund Family IDBI
P/E Ratio 25.91
P/B Ratio 3.80
Launch Date September 10, 2013
Benchmark IISL Nifty 500 TR INR
ASSET ALLOCATION
EQUITY DISTRIBUTION
RISK MEASURES (3 yrs)
vs IISL Nifty 500 TR INR

Alpha -1.42
Beta 0.89
R-Squared 87.83
Info Ratio -0.85
Tracking Err 5.14
Sortino 2.304
Sharpe 1.166
Std Dev 13.897
Risk Below Average
SECTOR WEIGHTINGS (%)
Financial 35.11%
Industrial 16.37%
Technology 11.44%
Basic Materials 18.53%
Consumer Cyclical 7.85%
Utilities Services 0.0%
Healthcare Services 1.92%
Energy Services 5.04%
Communication Services 1.19%
Consumer Defensive 2.56%
Real Estate 0.00%
INVESTMENT OBJECTIVE

The Scheme will seek to invest predominantly in a diversified portfolio of equity and equity related instruments with the objective to provide investors with opportunities for capital appreciation and income along with the benefit of income-tax deduction(under section 80C of the Income-tax Act, 1961) on their investments. Investments in this scheme would be subject to a statutory lock-in of 3 years from the date of allotment to be eligible for income-tax benefits under Section 80C. There can be no assurance that the investment objective under the scheme will be realized.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

View Factsheet

Top Arbitrage Fund Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
393.377 60.78% 7,238 cr 0.76% High
Top Elss (Tax Savings) Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
398.713 60.08% 20,085 cr 0.98% Above Average
171.390 54.43% 1,090 cr 1.21% High
45.945 45.64% 115 cr 1.26% Above Average
126.385 42.84% 13,846 cr 0.68% Average
116.637 37.90% 4,797 cr 0.55% Below Average
117.108 40.56% 3,644 cr 1.11% Average
Best Arbitrage Fund Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
393.377 60.78% 7,238 cr 0.76% High
Best Elss (Tax Savings) Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
398.713 60.08% 20,085 cr 0.98% Above Average
171.390 54.43% 1,090 cr 1.21% High
45.733 52.67% 3,026 cr 0.65% Above Average
1245.123 46.25% 13,441 cr 1.14% Below Average


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