- Mutual Funds
- IDBI Mutual Funds
- IDBI Banking Financial Services Fund (Growth)
IDBI Banking Financial Services Fund (Growth)
₹ 15.25
NAV (Jul 28)
Sectoral / thematic - bfsi funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 15.25
NAV (Jul 28)
Fund Returns
Last 1Y | 17.6% |
Last 3Y | 20.7% |
Last 5Y | 8.6% |
Last 10Y | NA |
Since Inception | 8.5% |
6 Month CAGR | 13.9% |
Scheme Information
The objective of the scheme is to provide investors maximum growth opportunities and to achieve long term capital appreciation by predominantly investing in equity and equity related instruments of companies engaged in Banking and Financial Services Sector. However there can be no assurance that the investment objective under the scheme will be realized.
Expense Ratio | 2.51 |
Launched (5y ago) | May 29, 2018 |
AUM in Crores | 86.624 |
ISIN | INF397L01KI0 |
Lock-in | No Lock-in |
Benchmark | IISL Nifty Financial Services TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 20.3 |
Standard Deviation (5yr) | 24.6 |
Beta (3yr) | 0.94 |
Beta (5yr) | 0.94 |
Sharpe Ratio (3yr) | 0.87 |
Sharpe Ratio (5yr) | 0.258 |
YTM | 0 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| IDBI Banking Financial Services Fund (Growth) | 9,03,025 | 1,70,413 | 8.6% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Stock Holdings
Comparison with Equity Funds
| Fund Name | Fund Size | Outperformance Consistency |
|---|---|---|
₹ 11,883 cr | ||
₹ 11,693 cr | ||
₹ 17,531 cr | ||
₹ 10,182 cr | ||
₹ 9,101 cr |
About the AMC
IDBI Asset Management Limited
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
21.9% | 14.2% | ||
4.5% | 7.1% | ||
21.6% | 14% | ||
4.4% | 4.9% | ||
4.5% | 5.5% |
IDBI Banking Financial Services Fund (G) Review
IDBI Banking Financial Services Fund (G) is a Sectoral / Thematic - Bfsi Equity fund and has delivered an annualised return of 8.5% over a period of 5 years. The fund is managed by IDBI Asset Management Limited. The fund manager’s name is null.
Nav of IDBI Banking Financial Services Fund (G) as of 7/28/2023 is ₹15.25 with the total AUM as of 12/7/2023 is ₹86.624. With Scripbox you can compare and check the latest nav for all mutual funds in India. IDBI Banking Financial Services Fund (G) was launched on May 29, 2018. The category risk of the fund is Very High Risk.
The minimum SIP amount for IDBI Banking Financial Services Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
IDBI Banking Financial Services Fund (G) is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to IISL Nifty Financial Services TR INR.
IDBI Banking Financial Services Fund (G) is rated as a 1 fund in Equity and delivered 17.6% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with IDBI Banking Financial Services Fund (G).
Frequently Asked Questions
What is IDBI Banking Financial Services Fund (G)?
How to invest in IDBI Banking Financial Services Fund (G)?
You can invest in IDBI Banking Financial Services Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of IDBI Banking Financial Services Fund (G)?
The minimum sip amount for IDBI Banking Financial Services Fund (G) is ₹1000. You can invest in multiples of ₹5000.
Is IDBI Banking Financial Services Fund (G) good to invest in?
As per Scripbox experts, IDBI Banking Financial Services Fund (G) is a Not Recommended fund. You can investIDBI Banking Financial Services Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the IDBI Banking Financial Services Fund (G)?
The expense ratio of the IDBI Banking Financial Services Fund (G) is 2.51% for regular plan.