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  • IDBI Banking Financial Services Fund (RIDCW-A)
IDBI Mutual Funds

IDBI Banking Financial Services Fund (RIDCW-A)

EquitySectoral / Thematic - Bfsi

15.25

NAV (Jul 28)

8.6%
5 Year CAGR
Scripbox Opinion
Not Recommended
Click here for top ranked funds in sectoral / thematic - bfsi mutual funds.

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).

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Poor

The performance of the fund on a Fund Size metric has been Poor

Outperformance Consistency

Poor

The performance of the fund on a Outperformance Consistency metric has been Poor

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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

NAV ()

Fund Returns

Last 1Y
NA
Last 3Y
NA
Last 5Y
NA
Last 10Y
NA
Since Inception
NA
6 Month CAGR
NA

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
2.51
Launched (6y ago)
May 29, 2018
AUM in Crores
86.624
ISIN
INF397L01KG4
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

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
IDBI Banking Financial Services Fund (RIDCW-A)70%9,03,025 1,70,4138.6%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 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 2023-07-28

Top Stock Holdings

See all holdings

Comparison with Equity Funds

Fund NameFund SizeOutperformance Consistency
HDFC Large and Mid Cap Fund (G)
HDFC Large and Mid Cap Fund (G)

₹ 19,454 cr

₹ 22,620 cr

₹ 15,161 cr

₹ 66,383 cr

₹ 55,459 cr

amc-img

About the AMC

IDBI Asset Management Limited

IDBI Asset Management Limited manages assets worth 2,739 crores and was set up on 25 January 2010. It's current offering of mutual fund schemes includes 16 equity,35 debt and 3 hybrid funds.amc-img
phone-img022-66442800
Fund NameScripbox Opinion
Till Date CAGR

14.4%

8.3%

20.7%

8.5%

20.7%

8.5%

14.4%

8.3%

14.4%

8.3%

IDBI Banking Financial Services Fund (RIDCW-A) Review

IDBI Banking Financial Services Fund (RIDCW-A) is a Sectoral / Thematic - Bfsi Equity fund and has delivered an annualised return of 8.5% over a period of 6 years. The fund is managed by IDBI Asset Management Limited. The fund manager’s name is null.

Nav of IDBI Banking Financial Services Fund (RIDCW-A) as of 7/28/2023 is ₹15.25 with the total AUM as of 7/20/2024 is ₹86.624. With Scripbox you can compare and check the latest nav for all mutual funds in India. IDBI Banking Financial Services Fund (RIDCW-A) 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 (RIDCW-A) 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 (RIDCW-A) 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 (RIDCW-A) 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 (RIDCW-A).

Frequently Asked Questions

What is IDBI Banking Financial Services Fund (RIDCW-A)?

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

How to invest in IDBI Banking Financial Services Fund (RIDCW-A)?

You can invest in IDBI Banking Financial Services Fund (RIDCW-A) 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 (RIDCW-A)?

The minimum sip amount for IDBI Banking Financial Services Fund (RIDCW-A) is ₹1000. You can invest in multiples of ₹5000.

Is IDBI Banking Financial Services Fund (RIDCW-A) good to invest in?

As per Scripbox experts, IDBI Banking Financial Services Fund (RIDCW-A) is a Not Recommended fund. You can investIDBI Banking Financial Services Fund (RIDCW-A) 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 (RIDCW-A)?

The expense ratio of the IDBI Banking Financial Services Fund (RIDCW-A) is 2.51% for regular plan.