| Fund Name | Category | Risk | 1Y Returns | Rating | Fund Size(in Cr) | |
|---|---|---|---|---|---|---|
| IDBI Liquid Fund | Debt | Low | 7.6% | 5star | ₹2,784 | |
| IDBI Short Term Bond Fund | Debt | Moderately Low | 4.1% | 4star | ₹67 | |
| IDBI Equity Advantage Fund | Equity | Moderately High | -4.8% | 3star | ₹590 | |
| IDBI Ultra Short Term Fund | Debt | Moderately Low | -1.3% | 3star | ₹311 | |
| IDBI Nifty Junior Index Fund | Others | Moderately High | -7.2% | 3star | ₹51 | |
| IDBI Dynamic Bond Fund | Debt | Moderate | 8.5% | 2star | ₹41 | |
| IDBI Diversified Equity Fund | Equity | Moderately High | -3.1% | 2star | ₹337 | |
| IDBI Credit Risk Fund | Debt | Moderate | 0.2% | 2star | ₹91 | |
| IDBI Gold Fund | Others | Moderately High | 6.3% | 2star | ₹30 | |
| IDBI Nifty Index Fund | Others | Moderately High | 9.3% | 2star | ₹221 | |
| IDBI Hybrid Equity Fund | Hybrid | Moderately High | -6.0% | 2star | ₹343 | |
| IDBI Midcap Fund | Equity | Moderately High | -8.6% | 2star | ₹215 | |
| IDBI Equity Savings Fund | Hybrid | Moderate | 4.7% | 1star | ₹20 | |
| IDBI India Top 100 Equity Fund | Equity | Moderately High | 3.2% | 1star | ₹378 | |
| IDBI Gilt Fund | Debt | Moderate | 12.8% | 1star | ₹25 | |
| View All Top 10 Idbi Mutual Funds |
IDBI bank is one the largest bank in the countries and has played a subsequently large role in the economic and financial progress of the country. It has been in the financial industry for over 40 years has developed itself into a commercial bank since then.
IDBI boasts of having a host a of innovative products and presents a wide counter of mutual funds keeping in mind investor objectives. The asset management company pioneers to bring about world class service to its investors through strategic investing decisions that will optimize investor's capital.
The mission of the company states that it looks to assist a common man to make informed investment decisions through mutual funds, which will further help the investor attain prosperity through the capital market.
Now let us jump and check about these top 10 mutual fund schemes.
Fund Performance: This fund has consistently beaten its benchmark in Liquid segment and provided 7.19% annualized returns in the last 3 years. In the last 1 year, it gave 7.63% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.63% returns in the last 1 year. Groww rated this fund as 5 Star. This is one of the best Debt mutual fund in India.
Fund Manager: Raju Sharma
| Launch Date | 31 Dec 2012 |
|---|---|
| Min Investment Amt | ₹5,000 |
| Groww Rating | 5star |
| AUM | ₹2,784Cr |
| 1Y Returns | 7.6% |
Fund Performance: This fund has consistently beaten its benchmark in Short Duration segment and provided 6.27% annualized returns in the last 3 years. In the last 1 year, it gave 4.1% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 4.1% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Debt mutual fund in India.
Fund Manager: Bupesh Kalyani
| Launch Date | 31 Dec 2012 |
|---|---|
| Min Investment Amt | ₹5,000 |
| Groww Rating | 4star |
| AUM | ₹67Cr |
| 1Y Returns | 4.1% |
Fund Performance: This fund has consistently beaten its benchmark in ELSS segment and provided 10.11% annualized returns in the last 3 years. In the last 1 year, it gave -4.83% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -4.83% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Equity mutual fund in India.
Fund Manager: V Balasubramanian
| Launch Date | 09 Sep 2013 |
|---|---|
| Min Investment Amt | ₹500 |
| Groww Rating | 3star |
| AUM | ₹590Cr |
| 1Y Returns | -4.8% |
Fund Performance: This fund has consistently beaten its benchmark in Ultra Short Duration segment and provided 4.38% annualized returns in the last 3 years. In the last 1 year, it gave -1.34% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -1.34% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Debt mutual fund in India.
Fund Manager: Bupesh Kalyani
| Launch Date | 31 Dec 2012 |
|---|---|
| Min Investment Amt | ₹5,000 |
| Groww Rating | 3star |
| AUM | ₹311Cr |
| 1Y Returns | -1.3% |
Fund Performance: This fund has consistently beaten its benchmark in Index segment and provided 11.28% annualized returns in the last 3 years. In the last 1 year, it gave -7.2% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -7.2% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Others mutual fund in India.
Fund Manager: Uma Venkatraman
| Launch Date | 31 Dec 2012 |
|---|---|
| Min Investment Amt | ₹5,000 |
| Groww Rating | 3star |
| AUM | ₹51Cr |
| 1Y Returns | -7.2% |
Fund Performance: This fund has consistently beaten its benchmark in Dynamic segment and provided 6.12% annualized returns in the last 3 years. In the last 1 year, it gave 8.5% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 8.5% returns in the last 1 year. Groww rated this fund as 2 Star. This is one of the best Debt mutual fund in India.
Fund Manager: Raju Sharma
| Launch Date | 02 Jan 2013 |
|---|---|
| Min Investment Amt | ₹5,000 |
| Groww Rating | 2star |
| AUM | ₹41Cr |
| 1Y Returns | 8.5% |
Fund Performance: This fund has consistently beaten its benchmark in Multi Cap segment and provided 9.23% annualized returns in the last 3 years. In the last 1 year, it gave -3.13% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -3.13% returns in the last 1 year. Groww rated this fund as 2 Star. This is one of the best Equity mutual fund in India.
Fund Manager: Ashish Mishra
| Launch Date | 27 Mar 2014 |
|---|---|
| Min Investment Amt | ₹5,000 |
| Groww Rating | 2star |
| AUM | ₹337Cr |
| 1Y Returns | -3.1% |
Fund Performance: This fund has consistently beaten its benchmark in Credit Risk segment and provided 4.89% annualized returns in the last 3 years. In the last 1 year, it gave 0.16% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 0.16% returns in the last 1 year. Groww rated this fund as 2 Star. This is one of the best Debt mutual fund in India.
Fund Manager: Bupesh Kalyani
| Launch Date | 02 Mar 2014 |
|---|---|
| Min Investment Amt | ₹5,000 |
| Groww Rating | 2star |
| AUM | ₹91Cr |
| 1Y Returns | 0.2% |
Fund Performance: This fund has consistently beaten its benchmark in FoF Domestic segment and provided 0.61% annualized returns in the last 3 years. In the last 1 year, it gave 6.31% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 6.31% returns in the last 1 year. Groww rated this fund as 2 Star. This is one of the best Others mutual fund in India.
Fund Manager: Ashish Mishra
| Launch Date | 31 Dec 2012 |
|---|---|
| Min Investment Amt | ₹5,000 |
| Groww Rating | 2star |
| AUM | ₹30Cr |
| 1Y Returns | 6.3% |
Fund Performance: This fund has consistently beaten its benchmark in Index segment and provided 13.28% annualized returns in the last 3 years. In the last 1 year, it gave 9.29% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 9.29% returns in the last 1 year. Groww rated this fund as 2 Star. This is one of the best Others mutual fund in India.
Fund Manager: Uma Venkatraman
| Launch Date | 31 Dec 2012 |
|---|---|
| Min Investment Amt | ₹5,000 |
| Groww Rating | 2star |
| AUM | ₹221Cr |
| 1Y Returns | 9.3% |
Fund Performance: This fund has consistently beaten its benchmark in Aggressive segment and provided -100% annualized returns in the last 3 years. In the last 1 year, it gave -5.98% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -5.98% returns in the last 1 year. Groww rated this fund as 2 Star. This is one of the best Hybrid mutual fund in India.
Fund Manager: Raju Sharma, V Balasubramanian
| Launch Date | 17 Oct 2016 |
|---|---|
| Min Investment Amt | ₹5,000 |
| Groww Rating | 2star |
| AUM | ₹343Cr |
| 1Y Returns | -6.0% |
Fund Performance: This fund has consistently beaten its benchmark in Mid Cap segment and provided -100% annualized returns in the last 3 years. In the last 1 year, it gave -8.63% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -8.63% returns in the last 1 year. Groww rated this fund as 2 Star. This is one of the best Equity mutual fund in India.
Fund Manager: Ashish Mishra
| Launch Date | 24 Jan 2017 |
|---|---|
| Min Investment Amt | ₹5,000 |
| Groww Rating | 2star |
| AUM | ₹215Cr |
| 1Y Returns | -8.6% |
Fund Performance: This fund has consistently beaten its benchmark in Equity Savings segment and provided 5.47% annualized returns in the last 3 years. In the last 1 year, it gave 4.71% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 4.71% returns in the last 1 year. Groww rated this fund as 1 Star. This is one of the best Hybrid mutual fund in India.
Fund Manager: Raju Sharma, Uma Venkatraman
| Launch Date | 03 Jan 2013 |
|---|---|
| Min Investment Amt | ₹5,000 |
| Groww Rating | 1star |
| AUM | ₹20Cr |
| 1Y Returns | 4.7% |
Fund Performance: This fund has consistently beaten its benchmark in Large Cap segment and provided 9.85% annualized returns in the last 3 years. In the last 1 year, it gave 3.22% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 3.22% returns in the last 1 year. Groww rated this fund as 1 Star. This is one of the best Equity mutual fund in India.
Fund Manager: Uma Venkatraman
| Launch Date | 01 Jan 2013 |
|---|---|
| Min Investment Amt | ₹5,000 |
| Groww Rating | 1star |
| AUM | ₹378Cr |
| 1Y Returns | 3.2% |
Fund Performance: This fund has consistently beaten its benchmark in Gilt segment and provided 7.19% annualized returns in the last 3 years. In the last 1 year, it gave 12.85% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 12.85% returns in the last 1 year. Groww rated this fund as 1 Star. This is one of the best Debt mutual fund in India.
Fund Manager: Raju Sharma
| Launch Date | 31 Dec 2012 |
|---|---|
| Min Investment Amt | ₹5,000 |
| Groww Rating | 1star |
| AUM | ₹25Cr |
| 1Y Returns | 12.8% |
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Under section 80 'C' of the Income Tax Act, tax saving mutual funds or equity linked savings scheme (ELSS) investors can claim a deduction of 1,50,000. These mutual funds invest in equity and equity-related securities and therefore these funds garner good returns, along with tax deductions.
Equity funds aim at attaining long-term capital appreciation by investing in equity and equity related securities. These funds are volatile in nature due to exposure to equity, but they provide very good returns. Investors who are willing to take risk in order to garner substantial returns can opt for these funds. These funds are recommended for long-term investment.
These are funds which invest in various debt and money market instruments and aspire to get regular income through mutual funds. Debt funds are usually not affected greatly by market forces and therefore they give stable returns, but these returns are not as high as equity funds. They are perfect for investors who have a low risk appetite.
Hybrid funds, also known as balanced funds usually invest in two or more asset categories so that as an investor, you can avail benefits from both. Like stocks, bonds, gold, etc. Most of the popular hybrid schemes invest in equity and debt assets. Checkout the best hybrid mutula funds by IDBI
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