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IDBI Equity Advantage Fund (Dividend Reinvestment - Annually)

Returns (3yrs)
-0.19 %
Latest NAV
16.45

Investment Calculator

  • Tenure
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Tax Saver Plan
Better than Insurance, FD

Fund Information

as on 7th of July, 06:56 AM

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.

Fund Managers

  • profile-pic
    Uma Venkatraman
  • expense-ratio
    Expense Ratio
    2.39
    benchmark
    Benchmark
    S&P BSE 200 India TR INR
  • Aum image
    AUM
    ₹ 451.02 Crores
    ISIN
    ISIN
    INF397L01EA0
  • Category Risk:

    Moderately High risk

Holding Information

as on 7th of July, 06:56 AM

Top Holding

Pidilite Industries Ltd
8%
Nestle India Ltd
7%
Sanofi India Ltd
6%
Asian Paints Ltd
6%
Mrf Ltd
6%

Top Sectors

Consumer Cyclical
30%
Consumer Defensive
25%
Basic Materials
14%
Financial Services
14%
Industrials
7%

Allocation

Equity
98%
Others
2%
Debt
0%

Investment Return Calculator

as on 7th of July, 06:56 AM
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  • Savings Bank
  • Fixed Deposit
  • Gold
  • Property
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  • EPF
  • Mutual Fund(Equity)

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. Past performance is not an indicator of future returns.

Transaction

as on 7th of July, 06:56 AM
Minimum SIP Amount
0
Minimum Lumpsum Amount
500
Lumpsum Multiple
100
SIP Multiple
100

About the Fund

IDBI Equity Advantage Fund Regular Dividend Reinvestment is a Tax Saving Equity fund and has delivered an annualised return of -0.19% over a period of 3 years. The fund is managed by IDBI Asset Management Limited. The fund managers names are Uma Venkatraman. 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. The fund charges 2.39000%. The minimum SIP amount for this is ₹0. In case you want to invest a lump sum, the minimum amount to be invested is ₹500.

Disclaimer: Scripbox has taken due care and caution in compilation of the data contained in this factsheet. This data has been obtained by Scripbox from sources which it considers reliable. However, please verify the data from the mutual fund company before taking any Investment action based on this information.