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IDBI Banking & Financial Services Fund Direct Growth-2.66%

0.69%
1 Year Return
Equity
Sector
3.0star
6M
1Y
All

Fund Details

IDBI Banking & Financial Services Fund Direct Growth

RiskHigh
Min SIP Amount₹500
Expense Ratio1.56%
NAV₹11.70 (27 Jan 2021)
Fund Started04 Jun 2018
Fund Size108 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
0.7%
-
-
8.7%
Category Average
-4.4%
-0.0%
12.0%
-
Rank Within Category
6
-
-
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Would have become
0
with 0.7% returns per annum

Comparison

Data not available
Pros
Found nothing so far.
Cons
Found nothing so far.

Top Holdings

NameSectorInstrument% Assets
HDFC Bank Ltd.FinancialEquity23.4%
Housing Development Finance Corpn. Ltd.FinancialEquity13.4%
ICICI Bank Ltd.FinancialEquity13.1%
Kotak Mahindra Bank Ltd.FinancialEquity8.5%
Axis Bank Ltd.FinancialEquity5.5%
Bajaj Finance Ltd.FinancialEquity4.3%
State Bank of IndiaFinancialEquity3.8%
Aavas Financiers Ltd.FinancialEquity2.8%
Can Fin Homes Ltd.FinancialEquity2.6%
Cholamandalam Investment & Finance Co. Ltd.FinancialEquity2.6%
See All

Fund Managers

Uma Venkatraman
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IDBI Banking & Financial Services Fund Direct Growth Details

IDBI Banking & Financial Services Fund Direct Growth is a Equity Mutual Fund Scheme launched by IDBI Mutual Fund. This scheme was made available to investors on 04 Jun 2018. Uma Venkatraman is the Current Fund Manager of IDBI Banking & Financial Services Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹108 Cr and the Latest NAV as of 27 Jan 2021 is ₹11.70.

The IDBI Banking & Financial Services Fund Direct Growth is rated High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 12 months.

Investment Objective

The scheme seeks 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.

Scheme Information Document(SID)

₹5000
Min for First Investment
₹1000
Min for Second Investment
Exit load of 1% if redeemed within 12 months.
Exit Load

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IDBI Banking & Financial Services Fund Direct Growth
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About IDBI Mutual Fund

Address
5th floor, Mafatlal Centre, Nariman Point Mumbai 400021
Phone
022-6644 2800
Launch Date
29 Mar 2010
IDBI Mutual Fund
Asset Management Company
Custodian
SBI SG Global Securities Services Pvt.Ltd.
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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