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 December 02, 2022
Category Equity:
ELSS (Tax Savings)
Investment StyleBox
Large Growth
Total Assets 499 cr
Turnover Ratio 398.43%
Expense Ratio 1.21%
Exit Load -
Returns
  • 1M: 2.34%
  • 1Y: 8.95%
  • 3M: 4.34%
  • 3Y: 15.03%
  • 6M: 14.01%
  • 5Y: 10.75%
Min Investment 500
ADDITIONAL INFO
Fund Manager Alok Ranjan (Since over 1 year)
ISIN INF397L01EC6
Fund Family IDBI
P/E Ratio 24.14
P/B Ratio 3.65
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 -1.19
Beta 0.79
R-Squared 91.61
Info Ratio -0.58
Tracking Err 7.19
Sortino 0.858
Sharpe 0.606
Std Dev 18.801
Risk Low
SECTOR WEIGHTINGS (%)
Financial 35.38%
Industrial 15.17%
Technology 12.8%
Basic Materials 14.1%
Consumer Cyclical 10.82%
Utilities Services 0.0%
Healthcare Services 1.95%
Energy Services 4.68%
Communication Services 2.09%
Consumer Defensive 3.00%
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
21.368 11.72% 848 cr 0.83% Below Average
28.010 10.89% 437 cr 1.03% Average
88.626 10.66% 3,063 cr 0.68% Average
47.280 6.99% 576 cr 1.61% Below Average
131.610 6.02% 4,407 cr 0.59% Below Average
35.854 5.74% 13,546 cr 0.53% Average
118.000 4.53% 676 cr 1.29% Below Average
Best Elss (Tax Savings) Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
898.862 15.10% 10,066 cr 1.24% Average
34.199 12.36% 3,191 cr 0.75% Average
21.368 11.72% 848 cr 0.83% Below Average
261.062 11.10% 11,600 cr 1.16% Average
116.343 11.02% 3,986 cr 0.74% High
28.010 10.89% 437 cr 1.03% Average
31.146 6.05% 2,274 cr 0.76% Above Average


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