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 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
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.

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Top Arbitrage Fund Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
406.548 63.34% 8,342 cr 0.76% High
Top Elss (Tax Savings) Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
407.933 61.01% 21,976 cr 0.96% Above Average
177.450 56.51% 1,210 cr 1.19% High
127.310 44.06% 14,076 cr 0.79% Average
120.210 40.69% 5,295 cr 0.56% Below Average
28.291 33.96% 3,175 cr 0.69% Low
121.274 44.64% 3,674 cr 1.12% Average
Best Arbitrage Fund Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
406.548 63.34% 8,342 cr 0.76% High
Best Elss (Tax Savings) Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
407.933 61.01% 21,976 cr 0.96% Above Average
48.501 60.41% 3,205 cr 0.67% High
177.450 56.51% 1,210 cr 1.19% High
1259.222 46.68% 13,990 cr 1.14% Below Average


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