IDBI Equity Advantage Fund (G)

Scheme Information

2019-04-26

Inception Date Sep 10, 2013
Benchmark S&P BSE 200 - TRI
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 fir 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.
Fund Manager Uma Venkatraman
AUM (In Crores) 611.41
Allocation
Debt: 0.0063%
Equity: 98.8532%
Others: 1.1406%
Minimum Investment Amount First Investment: 500
Expense Ratio 2.38

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