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
438.805 61.36% 9,860 cr 0.77% High
Top Elss (Tax Savings) Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
449.753 61.04% 23,888 cr 0.94% Above Average
195.950 60.85% 1,327 cr 0.99% High
53.693 59.59% 3,436 cr 0.65% High
53.251 50.32% 146 cr 1.13% Above Average
141.630 48.46% 15,161 cr 0.76% Average
133.970 45.09% 5,769 cr 0.58% Below Average
Best Arbitrage Fund Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
438.805 61.36% 9,860 cr 0.77% High
Best Elss (Tax Savings) Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
449.753 61.04% 23,888 cr 0.94% Above Average
195.950 60.85% 1,327 cr 0.99% High
53.693 59.59% 3,436 cr 0.65% High
53.251 50.32% 146 cr 1.13% Above Average
1377.498 48.02% 14,753 cr 1.13% Below Average
137.104 47.89% 3,950 cr 1.09% Above Average


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