IDBI Banking & Financial Services Fund - Growth - Regular Plan

Fund Overview Growth | Regular Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

Fund Objective

The objective of the scheme is to provide investors maximum growth opportunities and to achieve long term capital appreciation by predominantly investing in equity and equity related instruments of companies engaged in Banking and Financial Services Sector.However there can be no assurance that the investment objective under the scheme will be realized.

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
Nifty Financial Services - TRI -0.45 6.27 8.50 22.80 22.64 19.02

Returns upto 1 year is Absolute, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
ICICI Prudential Banking and Financial Services Fund - Growth Aug 22, 2008 Unrated -0.63 10.41 14.07 2.13 3,101.78
Reliance Banking Fund-Growth Plan-Growth Option May 26, 2003 Unrated -7.99 8.27 10.90 2.14 2,775.88
Aditya Birla Sun Life Banking and Financial Services Fund - Regular Plan - Growth Dec 14, 2013 Unrated -6.45 7.93 14.79 2.42 1,715.21
UTI Banking and Financial Services Fund - Regular Plan - Growth Option Jul 30, 2005 Unrated -8.03 6.01 9.36 2.47 602.66
Sundaram Financial Services Opportunities Fund Reg Growth Jun 10, 2008 Unrated 4.39 8.36 10.73 2.73 180.03

Fund Holdings as on 31-August-2019

  • HDFC Bank Ltd.

  • Housing Development Finance Corporation Ltd.

  • ICICI Bank Ltd.

  • Kotak Mahindra Bank Ltd.

  • Axis Bank Ltd.

  • State Bank of India

  • Bajaj Finance Ltd.

  • IndusInd Bank Ltd.

  • ICICI Prudential Life Insurance Company Ltd.

  • Cholamandalam Investment & Finance Co. Ltd.

  • Muthoot Capital Services Ltd.

  • The Federal Bank Ltd.

  • TREPS

  • Bajaj Finserv Ltd.

  • Bandhan Bank Ltd.

  • ICICI Lombard General Insurance Company Ltd.

  • Bank of Baroda

  • PNB Housing Finance Ltd.

  • Gruh Finance Ltd.

  • Net Receivable / Payable

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  • Bank - Private

  • Finance - Housing

  • Finance - NBFC

  • Bank - Public

  • Insurance

  • Finance - Investment

  • Miscellaneous

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About IDBI Banking & Financial Services Fund

Scheme Analysis

IDBI Banking & Financial Services Fund is a Equity - Sectoral Fund - Banks & Financial Services fund and belongs to IDBI Mutual Fund. It was launched on 04-Jun-2018 and currently has an AUM of ₹132.89 crore. IDBI Banking & Financial Services Fund is benchmarked against Nifty Financial Services - TRI as primary index.

The NAV of IDBI Banking & Financial Services Fund ended down ₹-0.16(-1.61%)yesterday to ₹9.75.

Among its top 3 holdings the fund has exposure to HDFC Bank Ltd., Housing Development Finance Corporation Ltd. and ICICI Bank Ltd.

The IDBI Banking & Financial Services Fund is managed by Uma Venkatraman and Ayushi Sethia.

Fund House Contact

5th floor, Mafatlal Centre, Nariman Point Mumbai - 400021

022-6644 2800
022-6644 2802

Fund Manager

  • Cash

  • Equity

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