Fund Details
IDBI Banking & Financial Services Fund Direct Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.49% |
| NAV | ₹11.98 (20 Apr 2021) |
|---|---|
| Fund Started | 04 Jun 2018 |
| Fund Size | ₹102 Cr |
Returns
Comparison
Found nothing so far.
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Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 20.3% |
| ICICI Bank Ltd. | Financial | Equity | 14.7% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 13.1% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 6.2% |
| Bajaj Finance Ltd. | Financial | Equity | 5.8% |
| Axis Bank Ltd. | Financial | Equity | 5.2% |
| State Bank of India | Financial | Equity | 4.2% |
| Aavas Financiers Ltd. | Financial | Equity | 3.4% |
| Cholamandalam Investment & Finance Co. Ltd. | Financial | Equity | 3.2% |
| Can Fin Homes Ltd. | Financial | Equity | 2.7% |
Fund Managers
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 ₹102 Cr and the Latest NAV as of 20 Apr 2021 is ₹11.98.
The IDBI Banking & Financial Services Fund Direct Growth is rated Very 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.
