Latest NAV & returns of IDBI ASSET MANAGEMENT SERVICES LTD

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

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NAV on February 06, 2023
Category Equity:
ELSS (Tax Savings)
Investment StyleBox
Large Growth
Total Assets 480 cr
Turnover Ratio 398.43%
Expense Ratio 1.21%
Exit Load -
Returns
  • 1M: -0.22%
  • 1Y: 0.68%
  • 3M: -2.74%
  • 3Y: 11.22%
  • 6M: 1.99%
  • 5Y: 9.64%
Min Investment 500
ADDITIONAL INFO
Fund Manager Alok Ranjan (Since over 1 year)
ISIN INF397L01ED4
Fund Family IDBI
P/E Ratio 24.11
P/B Ratio 3.60
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 -2.46
Beta 0.80
R-Squared 92.02
Info Ratio -0.68
Tracking Err 7.13
Sortino 0.611
Sharpe 0.434
Std Dev 19.134
Risk Low
SECTOR WEIGHTINGS (%)
Financial 38.27%
Industrial 14.02%
Technology 12.06%
Basic Materials 14.79%
Consumer Cyclical 10.23%
Utilities Services 0.0%
Healthcare Services 1.92%
Energy Services 4.94%
Communication Services 1.08%
Consumer Defensive 2.68%
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 Elss (Tax Savings) Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
21.093 7.36% 942 cr 0.82% Below Average
26.950 2.04% 448 cr 1.00% Average
89.657 1.11% 10,445 cr 0.80% Above Average
112.180 0.76% 696 cr 1.16% Below Average
124.980 -0.53% 4,559 cr 0.61% Below Average
33.988 -0.86% 14,020 cr 0.57% Above Average
84.142 -1.08% 3,128 cr 1.19% Above Average
Best Elss (Tax Savings) Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
860.251 9.86% 9,993 cr 1.19% Average
21.093 7.36% 942 cr 0.82% Below Average
81.360 5.99% 115 cr 1.29% Average
249.972 5.53% 12,092 cr 1.12% Average
127.040 4.49% 63 cr 1.73% Below Average
26.950 2.04% 448 cr 1.0% Average
111.894 1.22% 4,026 cr 0.74% High


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