Equity savings funds provides varying combinations of equity & debt and is suitable for investment objectives with duration specific to the fund category.
Equity Savings funds are primarily equity funds with a small exposure of minimum 10% to debt instruments.
These funds are close to equity funds in terms of market linked fluctuations.It is better for investors to make the allocation to equity & debt themselves and choose the right funds in each asset class
The performance of the fund on a Fund Size metric has been Poor
The performance of the fund on a Outperformance Consistency metric has been Poor
NAV (Jan 27)
6 Month CAGR
The investment objective of the Scheme is to generate regular income by investing in Debt and money market instruments and using arbitrage and other derivative strategies. The Scheme also intends to generate long capital appreciation through unhedged exposure to equity and equity related instruments. However,there can be no assurance or guarantee that the investment objective of the scheme will be achieved.
Launched (12y ago)
Mar 07, 2011
AUM in Crores
NIFTY Equity Savings TR INR
Standard Deviation (3yr)
Standard Deviation (5yr)
Sharpe Ratio (3yr)
Sharpe Ratio (5yr)
with step up of
|IDBI Equity Savings fund (Growth)||848,560||115,948||6.1%|
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.
cash offset for derivatives33.6%
net receivable / payable15.6%
icici bank ltd8.5%
future on tata consultancy services ltd6.6%
tata consultancy services ltd6.6%
|Fund Name||Fund Size||Rolling Returns|
₹ 21,281 cr
₹ 3,294 cr
₹ 949 cr
₹ 530 cr
₹ 2,750 cr
IDBI Asset Management Limited
IDBI Asset Management Limited manages assets worth 3,743 crores and was set up on 25 January 2010. It's current offering of mutual fund schemes includes 40 equity,35 debt and 8 hybrid funds.
|Fund Name||Scripbox Opinion||Till Date CAGR|
IDBI Equity Savings fund (G) is a Equity Savings Hybrid fund and has delivered an annualised return of 6.6% over a period of 11 years. The fund was previously known as IDBI Equity Savings Gr. The fund is managed by IDBI Asset Management Limited. The fund managers are Alok Ranjan, Raju Sharma.
Nav of IDBI Equity Savings fund (G) as of 1/27/2023 is ₹21.23 with the total AUM as of 1/28/2023 is ₹10.368. With Scripbox you can compare and check the latest nav for all mutual funds in India. IDBI Equity Savings fund (G) was launched on Mar 07, 2011. The category risk of the fund is Moderately High risk.
The minimum SIP amount for IDBI Equity Savings fund (G) 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.
What is IDBI Equity Savings fund (G)?
How to invest in IDBI Equity Savings fund (G)?
You can invest in IDBI Equity Savings 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 Savings fund (G)?
The minimum sip amount for IDBI Equity Savings fund (G) is ₹1000. You can invest in multiples of ₹5000.
Is IDBI Equity Savings fund (G) good to invest in?
As per Scripbox experts, IDBI Equity Savings fund (G) is a Not Recommended fund. You can investIDBI Equity Savings 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 Savings fund (G)?
The expense ratio of the IDBI Equity Savings fund (G) is 2.12% for regular plan.