- Mutual Funds
- IDBI Mutual Funds
- IDBI Equity Savings fund (Growth)
Formerly IDBI Equity Savings Gr
IDBI Equity Savings fund (Growth)
₹ 21.8571
NAV (Jun 07)
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
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 21.8571
NAV (Jun 7)
Fund Returns
Last 1Y | 7.2% |
Last 3Y | 9.7% |
Last 5Y | 6.5% |
Last 10Y | 6% |
Since Inception | 6.6% |
6 Month CAGR | 0.4% |
Scheme Information
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.
Expense Ratio | 2.12 |
Launched (12y ago) | Mar 07, 2011 |
AUM in Crores | 9.654 |
ISIN | INF397L01315 |
Lock-in | No Lock-in |
Benchmark | NIFTY Equity Savings TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 6.4 |
Standard Deviation (5yr) | 8.3 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 0.856 |
Sharpe Ratio (5yr) | 0.167 |
YTM | 6.78 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| IDBI Equity Savings fund (Growth) | 8,56,981 | 1,24,369 | 6.5% | |
| 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
cash offset for derivatives
35.8%net receivable / payable
16.7%icici bank ltd
9.4%tata consultancy services ltd. 25-may-23
7%tata consultancy services ltd shs dematerialised
7%Allocation by Sector
financial services
23.6%basic materials
14.5%technology
13%industrials
7.7%consumer cyclical
5.3%Comparison with Hybrid Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 22,144 cr | ||
₹ 8,906 cr | ||
₹ 1,150 cr | ||
₹ 749 cr | ||
₹ 2,796 cr |
About the AMC
IDBI Asset Management Limited
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
23.3% | 13.9% | ||
4.4% | 7.1% | ||
23% | 13.7% | ||
4.3% | 4.8% | ||
4.4% | 5.4% |
IDBI Equity Savings fund (G) Review
IDBI Equity Savings fund (G) is a Equity Savings Hybrid fund and has delivered an annualised return of 6.6% over a period of 12 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 6/7/2023 is ₹21.86 with the total AUM as of 6/8/2023 is ₹9.654. 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.
Frequently Asked Questions
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.