- Mutual Funds
- IDBI Mutual Funds
- IDBI Equity Advantage Fund (Growth)
Formerly IDBI Equity Advantage Reg Gr
IDBI Equity Advantage Fund (Growth)
₹ 43.39
NAV (Jul 28)
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).
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 43.39
NAV (Jul 28)
Fund Returns
Last 1Y | 16.9% |
Last 3Y | 20.8% |
Last 5Y | 10% |
Last 10Y | NA |
Since Inception | 16% |
6 Month CAGR | 15.1% |
Scheme Information
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 | 2.42 |
Launched (10y ago) | Sep 10, 2013 |
AUM in Crores | 484.905 |
ISIN | INF397L01DY2 |
Lock-in | 3 |
Benchmark | IISL Nifty 500 TR INR |
SIP Minimum | 500 |
Lumpsum Min. | 500 |
Standard Deviation (3yr) | 13.9 |
Standard Deviation (5yr) | 17 |
Beta (3yr) | 0.88 |
Beta (5yr) | 0.81 |
Sharpe Ratio (3yr) | 1.08 |
Sharpe Ratio (5yr) | 0.344 |
YTM | 0 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| IDBI Equity Advantage Fund (Growth) | 9,35,511 | 2,02,899 | 10% | |
| 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 |
|---|---|---|
₹ 11,197 cr | ||
₹ 11,862 cr | ||
₹ 17,630 cr | ||
₹ 10,089 cr | ||
₹ 9,392 cr |
About the AMC
IDBI Asset Management Limited
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
4.5% | 7.1% | ||
21.9% | 14.2% | ||
4.5% | 5.6% | ||
21.6% | 14% | ||
4.4% | 4.9% |
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)?
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.