Item: IDBI Equity Advantage Fund Direct Payout of Income Distribution cum Cap wdrl
Rating: 3
Author: Morningstar

Home › Mutual Funds › IDBI Mutual Fund › IDBI Equity Advantage Fund Direct Payout of Income Distribution cum Cap wdrl

30.100 (0.100%)

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: 18.36%
3M: 9.97%
3Y: 22.04%
6M: 15.81%
5Y: 11.12%

Min Investment 500

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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.

This fund may declare and pay out a dividend to you on a periodic basis, but only when it has the profits to do so.

View Factsheet

Top Rated
Top Performing

Top Elss (Tax Savings) Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth	55.326	56.30%	3,710 cr	0.66%	Above Average
SBI Long Term Equity Fund Direct Growth	471.430	55.74%	25,738 cr	0.93%	Above Average
Quant ELSS Tax Saver Growth Option Direct Plan	452.300	55.61%	10,528 cr	0.77%	High
Bank of India ELSS Tax Saver Fund Direct Plan Growth	200.500	54.37%	1,428 cr	0.96%	High
JM Tax Gain Fund (Direct) - Growth	56.472	50.51%	161 cr	1.13%	High
DSP ELSS Tax Saver Fund Direct Plan Growth	152.041	47.76%	16,284 cr	0.71%	Average
Kotak ELSS Tax Saver-Scheme-Growth - Direct	137.463	40.15%	6,101 cr	0.58%	Low

Best Elss (Tax Savings) Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth	55.326	56.30%	3,710 cr	0.66%	Above Average
SBI Long Term Equity Fund Direct Growth	471.430	55.74%	25,738 cr	0.93%	Above Average
Quant ELSS Tax Saver Growth Option Direct Plan	452.300	55.61%	10,528 cr	0.77%	High
Bank of India ELSS Tax Saver Fund Direct Plan Growth	200.500	54.37%	1,428 cr	0.96%	High
JM Tax Gain Fund (Direct) - Growth	56.472	50.51%	161 cr	1.13%	High
DSP ELSS Tax Saver Fund Direct Plan Growth	152.041	47.76%	16,284 cr	0.71%	Average
HDFC ELSS TaxSaver -Direct Plan - Growth Option	1451.919	45.86%	15,674 cr	1.09%	Below Average

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IDBI Equity Advantage Fund Direct Payout of Income Distribution cum Cap wdrl

ADDITIONAL INFO

ASSET ALLOCATION

EQUITY DISTRIBUTION

RISK MEASURES (3 yrs)

SECTOR WEIGHTINGS (%)

INVESTMENT OBJECTIVE

Top Elss (Tax Savings) Funds

Best Elss (Tax Savings) Funds

Other Equity funds by IDBI