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  • IDBI Equity Advantage Fund (Growth)

Formerly IDBI Equity Advantage Reg Gr

IDBI Mutual Funds

IDBI Equity Advantage Fund (Growth)

EquityTax Saving


NAV (Jul 28)

5 Year CAGR
Scripbox Opinion
Not Recommended
Click here for top ranked funds in tax saving mutual funds.

Tax saving 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).

Our analysis of this fundLearn how we rate funds ->

Fund Size


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

Outperformance Consistency


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

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Scripbox Recommended Tax Saving Fund
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Investment Calculator

Investment Duration5 years


Total Investment


Wealth Gained


Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV


NAV (Jul 28)

Fund Returns

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

Scheme Information

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.

Expense Ratio
Launched (10y ago)
Sep 10, 2013
AUM in Crores
IISL Nifty 500 TR INR
SIP Minimum
Lumpsum Min.
Standard Deviation (3yr)
Standard Deviation (5yr)
Beta (3yr)
Beta (5yr)
Sharpe Ratio (3yr)
Sharpe Ratio (5yr)
Fund Managers

Fund Manager

Returns Calculator Comparison



with step up of

AssetReturnsTotal CorpusGainsCAGR
IDBI Equity Advantage Fund (Growth)70%9,35,511 2,02,89910%
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)

₹ 11,197 cr

₹ 11,862 cr

₹ 17,630 cr

₹ 10,089 cr

₹ 9,392 cr

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
Fund NameScripbox Opinion
Till Date CAGR











IDBI Equity Advantage Fund (G) Review

IDBI Equity Advantage Fund (G) is a Tax Saving Equity fund and has delivered an annualised return of 16% over a period of 10 years. The fund was previously known as IDBI Equity Advantage Reg Gr. The fund is managed by IDBI Asset Management Limited. The fund manager’s name is null.

Nav of IDBI Equity Advantage Fund (G) as of 7/28/2023 is ₹43.39 with the total AUM as of 10/3/2023 is ₹484.905. With Scripbox you can compare and check the latest nav for all mutual funds in India. IDBI Equity Advantage Fund (G) was launched on Sep 10, 2013. The category risk of the fund is Very High Risk.

The minimum SIP amount for IDBI Equity Advantage Fund (G) is ₹500 and you can increase this in multiples of ₹500. In case you want to invest a lump sum, the minimum amount to be invested is ₹500. Check your estimated returns on mutual funds by using sip calculator.

IDBI Equity Advantage 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 500 TR INR.

IDBI Equity Advantage Fund (G) is rated as a 1 fund in Equity and delivered 16.9% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with IDBI Equity Advantage Fund (G).

Frequently Asked Questions

What is IDBI Equity Advantage Fund (G)?

IDBI Equity Advantage Fund (G) is a Tax Saving Equity scheme predominantly investing across Equity instruments with an investment objective to generate wealth over the long term.

How to invest in IDBI Equity Advantage Fund (G)?

You can invest in IDBI Equity Advantage 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 Equity Advantage Fund (G)?

The minimum sip amount for IDBI Equity Advantage Fund (G) is ₹500. You can invest in multiples of ₹500.

Is IDBI Equity Advantage Fund (G) good to invest in?

As per Scripbox experts, IDBI Equity Advantage Fund (G) is a Not Recommended fund. You can investIDBI Equity Advantage 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 Equity Advantage Fund (G)?

The expense ratio of the IDBI Equity Advantage Fund (G) is 2.42% for regular plan.