Latest NAV & returns of IDBI ASSET MANAGEMENT SERVICES LTD

IDBI Equity Advantage Fund Direct Growth

Add To Compare

previously known as IDBI Equity Advantage Dir Gr until

NAV on May 18, 2022
Category Equity:
ELSS (Tax Savings)
Investment StyleBox
Large Growth
Total Assets 495 cr
Turnover Ratio 718.81%
Expense Ratio 1.22%
Exit Load -
Returns
  • 1M: -7.05%
  • 1Y: 9.58%
  • 3M: -6.38%
  • 3Y: 13.10%
  • 6M: -9.63%
  • 5Y: 9.67%
Min Investment 500
ADDITIONAL INFO
Fund Manager Alok Ranjan (Since 9 months)
ISIN INF397L01EC6
Fund Family IDBI
P/E Ratio 22.66
P/B Ratio 3.52
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 0.42
Beta 0.76
R-Squared 87.51
Info Ratio -0.27
Tracking Err 8.18
Sortino 0.842
Sharpe 0.603
Std Dev 17.884
Risk Low
SECTOR WEIGHTINGS (%)
Financial 32.76%
Industrial 13.41%
Technology 14.43%
Basic Materials 15.69%
Consumer Cyclical 11.18%
Utilities Services 0.0%
Healthcare Services 2.06%
Energy Services 5.94%
Communication Services 1.83%
Consumer Defensive 2.71%
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
31.418 9.47% 11,963 cr 0.52% Average
112.820 8.09% 3,628 cr 0.69% Below Average
99.940 7.94% 596 cr 1.34% Below Average
76.134 3.73% 3,239 cr 1.20% Average
Best Elss (Tax Savings) Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
743.372 17.06% 9,185 cr 1.18% Average
18.514 16.98% 585 cr 0.87% -
101.180 14.42% 3,742 cr 0.77% High
40.540 13.11% 497 cr 1.63% Below Average
24.240 12.69% 388 cr 1.03% Average
31.418 9.47% 11,963 cr 0.52% Average
112.820 8.09% 3,628 cr 0.69% Below Average


Other plans of IDBI Equity Advantage Fund


Other Equity funds by IDBI