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 June 02, 2023
Category Equity:
ELSS (Tax Savings)
Investment StyleBox
Large Growth
Total Assets 467 cr
Turnover Ratio 398.43%
Expense Ratio 1.21%
Exit Load -
Returns
  • 1M: 3.86%
  • 1Y: 16.16%
  • 3M: 8.36%
  • 3Y: 21.35%
  • 6M: 1.89%
  • 5Y: 9.88%
Min Investment 500
ADDITIONAL INFO
Fund Manager Alok Ranjan (Since almost 2 years)
ISIN INF397L01EC6
Fund Family IDBI
P/E Ratio 23.83
P/B Ratio 3.55
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 -1.40
Beta 0.88
R-Squared 88.00
Info Ratio -0.92
Tracking Err 5.24
Sortino 2.455
Sharpe 1.223
Std Dev 14.101
Risk Below Average
SECTOR WEIGHTINGS (%)
Financial 37.19%
Industrial 16.4%
Technology 10.63%
Basic Materials 17.48%
Consumer Cyclical 7.77%
Utilities Services 0.0%
Healthcare Services 1.74%
Energy Services 4.88%
Communication Services 1.10%
Consumer Defensive 2.47%
Real Estate 0.34%
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 Elss (Tax Savings) Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
90.532 17.95% 3,560 cr 0.65% Below Average
119.480 17.51% 739 cr 1.29% Above Average
22.155 17.11% 1,527 cr 0.80% Low
28.630 16.24% 494 cr 0.97% Average
94.038 13.88% 10,513 cr 0.78% Average
35.981 12.23% 15,218 cr 0.45% Average
91.463 17.11% 3,054 cr 1.14% Average
Best Elss (Tax Savings) Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
32.602 21.68% 2,237 cr 0.76% Above Average
270.790 20.58% 12,998 cr Average
90.532 17.95% 3,560 cr 0.65% Below Average
908.152 17.87% 10,179 cr 1.15% Below Average
135.330 17.55% 61 cr 1.78% Low
119.480 17.51% 739 cr 1.29% Above Average
34.343 17.35% 74 cr 1.35% Above Average


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