• Mutual Funds
  • IDBI Mutual Funds
  • IDBI Banking Financial Services Fund (Growth)
IDBI Mutual Funds

IDBI Banking Financial Services Fund (Growth)

EquitySectoral / Thematic - Bfsi

14.3

NAV (Nov 25)

8.3%
Till Date CAGR
Scripbox Opinion
Not Reviewed yet
Our analysis of this fundLearn how we rate funds ->

Fund Size

Outperformance Consistency

Scripbox Recommended Equity Funds

Want the equity funds that are right for your long term equity investment needs?

Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

14.3

NAV (Nov 25)

Fund Returns

Last 1Y

5%

Last 3Y

8.4%

Last 5Y

NA

Last 10Y

NA

Since Inception

8.3%

6 Month CAGR

21.4%

Scheme Information

Investment Objective

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

2.53

Launched (4y ago)

May 29, 2018

AUM in Crores

89.757

ISIN

INF397L01KI0

Lock-in

No Lock-in

Benchmark

IISL Nifty Financial Services TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Standard Deviation (3yr)

29.8

Standard Deviation (5yr)

0

Beta (3yr)

0.96

Beta (5yr)

0

Sharpe Ratio (3yr)

0.304

Sharpe Ratio (5yr)

0

YTM

0

Fund Managers

Alok Ranjan

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 93,3385.00%

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

Last updated on 2022-11-25

Top Stock Holdings

icici bank ltd

20.8%
20.8%

hdfc bank ltd

18.8%
18.8%

housing development finance corp ltd

11.6%
11.6%

axis bank ltd

8.4%
8.4%

bajaj finance ltd

7.6%
7.6%
See all holdings

Allocation by Sector

financial services

99%
99%
See all sectors

Compare IDBI Banking Financial Services Fund (Growth)

Fund NameFund SizeOutperformance Consistency
Nippon India Value Fund (G)
Nippon India Value Fund (G)

₹ 4,865 cr

₹ 10,427 cr

₹ 15,580 cr

₹ 10,427 cr

₹ 15,580 cr

About the AMC

IDBI Asset Management Limited

IDBI Asset Management Limited manages assets worth 3,793 crores and was set up on 25 January 2010. It's current offering of mutual fund schemes includes 40 equity,35 debt and 8 hybrid funds.

amc-img

  • 022-66442800
  • contactus@idbimutual.co.in
  • Fund NameScripbox Opinion
    Till Date CAGR

    4.2%

    7.1%

    17.6%

    14.5%

    17.3%

    14.3%

    3.9%

    4.8%

    4.1%

    5.4%

    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 8.3% over a period of 4 years. The fund is managed by IDBI Asset Management Limited. The fund manager’s name is Alok Ranjan.

    Nav of IDBI Banking Financial Services Fund (G) as of 11/25/2022 is ₹14.30 with the total AUM as of 11/27/2022 is ₹89.757. 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 0 fund in Equity and delivered 5% 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)?

    IDBI Banking Financial Services Fund (G) is a Sectoral / Thematic - Bfsi Equity scheme predominantly investing across Equity stocks with an investment objective to generate wealth over the long term.

    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 Reviewed Yet 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 2.53% for regular plan.