IDBI Banking & Financial Services Fund - Growth - Direct Plan

Fund Overview Growth | Direct 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 50 - TRI N/A N/A N/A N/A N/A N/A
Nifty Financial Services - TRI N/A N/A N/A N/A N/A N/A

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 - Direct Plan - Growth Jan 01, 2013 -8.96 1.38 12.90 1.32 2,791.61
Nippon India Banking Fund - Direct Plan Growth Plan - Growth Jan 01, 2013 -14.24 -1.39 8.55 1.48 2,119.89
SBI BANKING & FINANCIAL SERVICES FUND - DIRECT PLAN - GROWTH Feb 26, 2015 2.30 11.20 17.82 1.08 1,665.06
Aditya Birla Sun Life Banking and Financial Services Fund - Direct Plan - Growth Dec 14, 2013 -2.65 3.22 13.87 1.23 1,563.41
UTI Banking and Financial Services Fund - Direct Plan - Growth Option Jan 01, 2013 -9.79 -1.54 9.00 1.82 517.92

Fund Holdings as on 31-October-2020

  • HDFC Bank Ltd.

  • Housing Development Finance Corporation Ltd.

  • ICICI Bank Ltd.

  • Kotak Mahindra Bank Ltd.

  • Axis Bank Ltd.

  • Bajaj Finance Ltd.

  • State Bank of India

  • Cholamandalam Investment & Finance Co. Ltd.

  • Max Financial Services Ltd.

  • Muthoot Finance Ltd.

  • TREPS

  • ICICI Prudential Life Insurance Company Ltd.

  • SBI Life Insurance Company Ltd.

  • Bajaj Finserv Ltd.

  • ICICI Lombard General Insurance Company Ltd.

  • The Federal Bank Ltd.

  • Can Fin Homes Ltd.

  • SBI Cards & Payment Services Ltd.

  • City Union Bank Ltd.

  • Mahindra & Mahindra Financial Services Ltd.

  • HDFC Asset Management Company Ltd.

  • Nippon Life India Asset Management Ltd.

  • Net Receivable / Payable

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  • Bank - Private

  • Finance - Housing

  • Finance - NBFC

  • Insurance

  • Bank - Public

  • Finance - Others

  • Miscellaneous

  • Finance - Asset Management

  • Finance - Investment

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Fund Manager

  • Cash

  • Equity

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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 ₹94.73 crore. IDBI Banking & Financial Services Fund is benchmarked against NIFTY 50 - TRI as primary index and Nifty Financial Services - TRI as secondary index.

The NAV of IDBI Banking & Financial Services Fund ended up ₹0.09(0.8%)yesterday to ₹11.41.

Among its top 3 holdings the fund has exposure to HDFC Bank Ltd., and

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

Fund House Contact

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

022-6644 2800
022-6644 2802