IDBI Equity Advantage Fund - Growth - Regular Plan

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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 (₹)

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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 Regular 0.96 -1.86 -8.99 4.80 8.83 16.67
S&P BSE 200 - TRI 0.17 -5.88 -5.53 8.33 8.65 9.10
S&P BSE SENSEX - TRI -0.58 -5.41 -1.30 10.43 8.39 12.91

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 Regular Sep 10, 2013 Unrated -8.99 4.80 8.83 2.51 546.78
Axis Long Term Equity Fund - Growth Dec 29, 2009 -2.07 9.89 11.41 1.76 19,236.11
Reliance Tax Saver (ELSS) Fund-Growth Plan-Growth Option Sep 21, 2005 Unrated -16.58 -1.01 3.10 1.95 9,186.62
Aditya Birla Sun Life Tax Relief '96 - Growth Option Mar 10, 2008 -10.45 7.35 10.82 2.07 8,561.62
HDFC TaxSaver-Growth Plan Mar 31, 1996 -9.22 4.78 5.10 1.98 6,782.96
SBI MAGNUM TAXGAIN SCHEME 1993 - REGULAR PLAN- GROWTH Mar 31, 1993 Unrated -7.97 2.93 5.78 1.98 6,682.73

Fund Holdings as on 31-August-2019

  • Pidilite Industries Ltd.

  • VST Industries Ltd.

  • Bata India Ltd.

  • TREPS

  • Cholamandalam Investment & Finance Co. Ltd.

  • MRF Ltd.

  • Kotak Mahindra Bank Ltd.

  • Nestle India Ltd.

  • Asian Paints Ltd.

  • Page Industries Ltd.

  • TVS Motor Company Ltd.

  • ABB India Ltd.

  • WABCO India Ltd.

  • Sanofi India Ltd.

  • Eicher Motors Ltd.

  • Sundaram Finance Ltd.

  • GlaxoSmithKline Consumer Healthcare Ltd.

  • Gruh Finance Ltd.

  • United Breweries Ltd.

  • Colgate Palmolive (India) Ltd.

  • Thermax Ltd.

  • Bosch Ltd.

  • Cummins India Ltd.

  • CRISIL Ltd.

  • Castrol India Ltd.

  • The Great Eastern Shipping Company Ltd.

  • Sundaram Finance Holdings Ltd.

  • Blue Dart Express Ltd.

  • Net Receivable / Payable

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  • Finance - NBFC

  • Consumer Food

  • Automobile Two & Three Wheelers

  • Chemicals

  • Auto Ancillary

  • Cigarettes/Tobacco

  • Retailing

  • Miscellaneous

  • Tyres & Allied

  • Bank - Private

  • Paints

  • Textile

  • Electric Equipment

  • Pharmaceuticals & Drugs

  • Finance - Housing

  • Breweries & Distilleries

  • Household & Personal Products

  • Engineering - Industrial Equipments

  • Diesel Engines

  • Ratings

  • Lubricants

  • Shipping

  • Finance - Investment

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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 ₹546.78 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 down ₹-0.33(-1.3%)yesterday to ₹24.97.

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

The IDBI Equity Advantage 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

  • [ICRA]AA

  • Cash

  • Equity

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