1M
6M
1Y
3Y
5Y
All
| NAV: 28 Jul 2023 | ₹16.29 |
| Min. SIP amount | Not Supported |
| Rating | 2 |
| Fund size | ₹86.62Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Equity Sector
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 18.7% | 21.9% | 9.9% | 9.9% |
| Category average | 22.5% | 12.4% | 13.2% | NA |
| Rank with in category | 18 | 13 | 11 | NA |
Understand terms
Holdings (18)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
HDFC Bank Ltd. | Financial | Equity | 20.02% |
ICICI Bank Ltd. | Financial | Equity | 16.82% |
Axis Bank Ltd. | Financial | Equity | 9.45% |
Bajaj Finance Ltd. | Financial | Equity | 7.85% |
State Bank of India | Financial | Equity | 7.26% |
Cholamandalam Investment and Finance Company Ltd. | Financial | Equity | 6.53% |
Kotak Mahindra Bank Ltd. | Financial | Equity | 5.57% |
Housing Development Finance Corporation Ltd. | Financial | Equity | 4.50% |
Can Fin Homes Ltd. | Financial | Equity | 3.47% |
Bajaj Finserv Ltd. | Financial | Equity | 2.68% |
The Federal Bank Ltd. | Financial | Equity | 2.19% |
Bank Of Baroda | Financial | Equity | 2.17% |
HDFC Life Insurance Co Ltd. | Insurance | Equity | 1.80% |
Max Financial Services Ltd. | Financial | Equity | 1.36% |
AU Small Finance Bank Ltd. | Financial | Equity | 1.33% |
ICICI Lombard General Insurance Company Ltd. | Insurance | Equity | 0.95% |
SBI Cards And Payment Services Ltd. | Financial | Equity | 0.82% |
HDFC Asset Management Company Ltd. | Financial | Equity | 0.65% |
See All
Expense ratio, exit load and tax
Expense ratio: 1.50%
Inclusive of GST
Exit load
Exit load of 1% if redeemed within 12 months.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | Not Supported |
| Min. for 2nd investment onwards | Not Supported |
| Min. for SIP | Not Supported |
Fund management
Alok RanjanAug 2021 - PresentView details
Alok Ranjan
Aug 2021 - Present
View details
Education
Mr. Ranjan has done MBA (Finance), BSc Physics (Honors)
Experience
Prior to joining ITI Mutual Fund,he was associated with IDBI Asset Management Limited, Shriram Asset Management Ltd. as Fund Manager (Equity), Way2wealth Securities Ltd. as Head of Research and Advisory and First Global Ltd. as Vice President- Research.
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
4th Floor, IDBI Tower,WTC Complex, Cuffe Parade,Colaba, Mumbai 400005
Phone
NA
Launch Date
29 Mar 2010
E-mail
NAWebsite
www.idbimutual.co.in
IDBI Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]Website
www.karvymfs.comCompare funds
IDBI Banking & Financial Services Fund Direct Growth
VS
Add mutual fund to compare
MOST POPULAR ON GROWWVERSION - 5.5.1
STOCK MARKET INDICES: S&P BSE SENSEX | S&P BSE 100 | NIFTY 100 | NIFTY 50 | NIFTY MIDCAP 100 | NIFTY BANK | NIFTY NEXT 50
POPULAR MUTUAL FUNDS: QUANT SMALL CAP FUND | ICICI PRUDENTIAL COMMODITIES FUND | NIPPON INDIA SMALL CAP FUND | PARAG PARIKH FLEXI CAP FUND | GROWW NIFTY TOTAL MARKET INDEX FUND | SBI SMALL MIDCAP FUND | TATA DIGITAL INDIA FUND | AXIS SMALL CAP FUND | ICICI PRUDENTIAL TECHNOLOGY FUND | HDFC INDEX FUND SENSEX PLAN | HDFC SMALL CAP FUND | AXIS EQUITY FUND | CANARA ROBECO SMALL CAP FUND | TATA SMALL CAP FUND | UTI NIFTY FUND
MUTUAL FUNDS COMPANIES: GROWWMF | SBI | AXIS | HDFC | UTI | NIPPON INDIA | ICICI PRUDENTIAL | TATA | KOTAK | DSP | CANARA ROBECO | SUNDARAM | MIRAE ASSET | IDFC | FRANKLIN TEMPLETON | PPFAS | MOTILAL OSWAL | INVESCO | EDELWEISS | ADITYA BIRLA SUN LIFE | LIC | HSBC | NAVI | QUANTUM | UNION | ITI | MAHINDRA MANULIFE | 360 ONE | BOI | TAURUS | JM FINANCIAL | PGIM | SHRIRAM | BARODA BNP PARIBAS | QUANT | WHITEOAK CAPITAL | TRUST | SAMCO | NJ