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 September 23, 2021
Category Equity:
ELSS (Tax Savings)
Investment StyleBox
Large Blend
Total Assets 541 cr
Turnover Ratio 718.81%
Expense Ratio 1.19%
Exit Load -
Returns
  • 1M: 9.51%
  • 1Y: 57.49%
  • 3M: 15.40%
  • 3Y: 14.28%
  • 6M: 22.59%
  • 5Y: 13.42%
Min Investment 500
ADDITIONAL INFO
Fund Manager Alok Ranjan (Since about 1 month)
ISIN INF397L01EC6
Fund Family IDBI
P/E Ratio 27.63
P/B Ratio 3.79
Launch Date September 10, 2013
Benchmark S&P BSE 200 India TR INR
ASSET ALLOCATION
EQUITY DISTRIBUTION
RISK MEASURES (3 yrs)
vs S&P BSE 200 India TR INR

Alpha -2.00
Beta 0.78
R-Squared 86.54
Info Ratio -0.49
Tracking Err 8.49
Sortino 0.513
Sharpe 0.378
Std Dev 18.890
Risk Low
SECTOR WEIGHTINGS (%)
Financial 28.74%
Industrial 14.5%
Technology 16.93%
Basic Materials 17.42%
Consumer Cyclical 11.08%
Utilities Services 0.0%
Healthcare Services 1.43%
Energy Services 5.10%
Communication Services 1.82%
Consumer Defensive 2.98%
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 Elss (Tax Savings) Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
115.030 75.40% 512 cr 1.66% Average
85.185 72.67% 33,871 cr 0.77% Below Average
34.154 71.31% 9,401 cr 0.45% Above Average
125.020 66.76% 2,680 cr 0.81% Below Average
589.469 68.56% 1,363 cr Above Average
85.615 57.18% 3,652 cr 1.21% Average
Best Elss (Tax Savings) Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
104.330 81.57% 3,339 cr 0.85% High
82.996 77.62% 12,385 cr 1.18% High
88.140 75.96% 9,675 cr 0.87% Above Average
926.618 75.60% 4,877 cr 1.04% Above Average
20.835 75.57% 409 cr 0.73% Below Average
115.030 75.40% 512 cr 1.66% Average
30.049 75.39% 2,400 cr 0.75% Above Average


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