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

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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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ADDITIONAL INFO
Fund Manager
ISIN INF397L01ED4
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 -1.66
Beta 0.89
R-Squared 87.75
Info Ratio -0.90
Tracking Err 5.15
Sortino 2.268
Sharpe 1.148
Std Dev 13.925
Risk 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.

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
Motilal
Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth
54.590 23.81% 4,415 cr 0.64% High
Jm
JM Tax Gain Fund (Direct) - Growth
52.583 19.27% 186 cr 1.27% Above Average
Dsp
DSP ELSS Tax Saver Fund Direct Plan Growth
144.199 17.86% 16,610 cr 0.73% Average
Sbi
SBI Long Term Equity Fund Direct Growth
446.270 17.19% 27,791 cr 0.95% Above Average
Ppfas
Parag Parikh ELSS Tax Saver Fund Direct Growth
32.260 16.35% 4,507 cr 0.63% Low
Kotak
Kotak ELSS Tax Saver-Scheme-Growth - Direct
126.378 14.03% 6,219 cr 0.62% Average
Boi mutual funds logo 02
Bank of India ELSS Tax Saver Fund Direct Plan Growth
176.350 7.22% 1,441 cr 0.83% High


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