IDBI Equity Advantage Fund - Growth - Direct Plan

  • Previous Nav

  • Net Change on 07-04-2020

  • PersonalFN Rating

  • Category

  • Assets (Cr.)

  • Expense Ratio

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 Scheme will seek to invest predominantly in a diversified portfolio of equity and equity related instruments with the objective to provide investors with opportunities fir 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 Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
IDBI Equity Advantage Fund - Growth Direct -23.79 -25.87 -19.58 -1.62 1.28 13.11
S&P BSE 200 - TRI -20.09 -26.27 -23.93 -1.43 1.75 6.71
S&P BSE SENSEX - TRI -19.83 -26.21 -21.67 1.65 2.41 11.60

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.)
IDBI Equity Advantage Fund - Growth Direct Sep 10, 2013 -19.58 -1.62 1.28 1.17 535.80
Axis Long Term Equity Fund - Direct Plan - Growth Option Jan 01, 2013 -17.02 2.40 3.95 0.91 21,658.58
Aditya Birla Sun Life Tax Relief 96 - Growth - Direct Plan Jan 01, 2013 -24.27 -1.77 2.59 0.81 10,072.72
Nippon India Tax Saver Fund - Direct Plan Growth Plan - Growth Option - Growth Jan 01, 2013 Unrated -38.38 -13.91 -6.03 0.96 9,527.73
SBI Long Term Equity Fund - DIRECT PLAN -GROWTH Jan 01, 2013 Unrated -29.69 -6.92 -2.07 1.32 7,098.46
HDFC TaxSaver -Direct Plan - Growth Option Dec 31, 2012 Unrated -35.21 -9.78 -2.71 1.28 6,748.51

Fund Holdings as on 29-February-2020

  • Pidilite Industries Ltd.

  • Cholamandalam Investment & Finance Co. Ltd.

  • Bata India Ltd.

  • VST Industries Ltd.

  • Kotak Mahindra Bank Ltd.

  • TVS Motor Company Ltd.

  • MRF Ltd.

  • Asian Paints Ltd.

  • Page Industries Ltd.

  • Sanofi India Ltd.

  • Nestle India Ltd.

  • WABCO India Ltd.

  • GlaxoSmithKline Consumer Healthcare Ltd.

  • ABB India Ltd.

  • Sundaram Finance Ltd.

  • TREPS

  • Colgate Palmolive (India) Ltd.

  • United Breweries Ltd.

  • Thermax Ltd.

  • CRISIL Ltd.

  • Bandhan Bank Ltd.

  • Bosch Ltd.

  • Cummins India Ltd.

  • Eicher Motors Ltd.

  • The Great Eastern Shipping Company Ltd.

  • ABB Power Products & Systems India Ltd.

  • Castrol India Ltd.

  • Net Receivable / Payable

View More
  • Finance - NBFC

  • Consumer Food

  • Bank - Private

  • Automobile Two & Three Wheelers

  • Chemicals

  • Auto Ancillary

  • Retailing

  • Cigarettes/Tobacco

  • Tyres & Allied

  • Paints

  • Textile

  • Pharmaceuticals & Drugs

  • Electric Equipment

  • Household & Personal Products

  • Miscellaneous

  • Breweries & Distilleries

  • Engineering - Industrial Equipments

  • Ratings

  • Diesel Engines

  • Shipping

  • Unspecified

  • Lubricants

View More

About IDBI Equity Advantage Fund

Scheme Analysis

IDBI Equity Advantage Fund is a Equity - ELSS fund and belongs to IDBI Mutual Fund. It was launched on 10-Sep-2013 and currently has an AUM of ₹535.80 crore. IDBI Equity Advantage Fund is benchmarked against S&P BSE 200 - TRI as primary index and S&P BSE SENSEX - TRI as secondary index.

The NAV of IDBI Equity Advantage Fund ended up ₹1.1(4.9%)yesterday to ₹23.56.

Among its top 3 holdings the fund has exposure to Pidilite Industries Ltd., and

The IDBI Equity Advantage Fund is managed by Uma Venkatraman .

Fund House Contact

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

022-6644 2800
022-6644 2802

Fund Manager

  • Cash

  • Equity

View More