How to Invest in IDBI Banking & Financial Services Fund IDCW?

You can easily invest in IDBI Banking & Financial Services Fund IDCW in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for IDBI Banking & Financial Services Fund IDCW from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in IDBI Banking & Financial Services Fund IDCW as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does IDBI Banking & Financial Services Fund IDCW provide?

The IDBI Banking & Financial Services Fund IDCW has been there from 04 Jun 2018 and the average annual returns provided by this fund is 17.58% since its inception.

How much expense ratio is charged by IDBI Banking & Financial Services Fund IDCW?

The term Expense Ratio used for IDBI Banking & Financial Services Fund IDCW or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of IDBI Banking & Financial Services Fund IDCW is 2.51% as of 31 Dec 2025...

What is the AUM of IDBI Banking & Financial Services Fund IDCW?

The AUM, short for Assets Under Management of IDBI Banking & Financial Services Fund IDCW is ₹86.62Cr as of 31 Dec 2025.

How to Redeem IDBI Banking & Financial Services Fund IDCW?

If you want to sell your IDBI Banking & Financial Services Fund IDCW holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of IDBI Banking & Financial Services Fund IDCW?

You can select either SIP or Lumpsum investment of IDBI Banking & Financial Services Fund IDCW based on your investment objective and risk tolerance.

What is the NAV of IDBI Banking & Financial Services Fund IDCW?

The NAV of IDBI Banking & Financial Services Fund IDCW is ₹15.25 as of 28 Jul 2023.

What is the PE and PB ratio of IDBI Banking & Financial Services Fund IDCW?

The PE ratio ratio of IDBI Banking & Financial Services Fund IDCW is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

IDBI Banking & Financial Services Fund IDCW - NAV, Mutual Fund Performance & Portfolio

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IDBI Banking & Financial Services Fund IDCW
Equity
Sector
Very High Risk
Payout
+20.71%
3Y annualised
-0.33% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 28 Jul 2023
₹15.25
Rating
2
Min. SIP amount
Not Supported
Fund size
₹86.62Cr
Returns calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Holdings (18)NameSectorInstrumentAssets
HDFC Bank Ltd.
FinancialEquity20.02%
ICICI Bank Ltd.
FinancialEquity16.82%
Axis Bank Ltd.
FinancialEquity9.45%
Bajaj Finance Ltd.
FinancialEquity7.85%
State Bank of India
FinancialEquity7.26%
Cholamandalam Investment and Finance Company Ltd.
FinancialEquity6.53%
Kotak Mahindra Bank Ltd.
FinancialEquity5.57%
Housing Development Finance Corporation Ltd.
FinancialEquity4.50%
Can Fin Homes Ltd.
FinancialEquity3.47%
Bajaj Finserv Ltd.
FinancialEquity2.68%
The Federal Bank Ltd.
FinancialEquity2.19%
Bank Of Baroda
FinancialEquity2.17%
HDFC Life Insurance Co Ltd.
InsuranceEquity1.80%
Max Financial Services Ltd.
FinancialEquity1.36%
AU Small Finance Bank Ltd.
FinancialEquity1.33%
ICICI Lombard General Insurance Company Ltd.
InsuranceEquity0.95%
SBI Cards And Payment Services Ltd.
FinancialEquity0.82%
HDFC Asset Management Company Ltd.
FinancialEquity0.65%
See All
Minimum investment amountsMin. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Equity Sector
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns17.6%20.7%8.6%8.6%
Category average16.5%14.4%16.1%NA
Rank with in category322214NA
Understand terms
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting  your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
30 Jun 2023 - Present
2.51%
31 May 2023 - 30 Jun 2023
2.50%
30 Apr 2023 - 31 May 2023
2.53%
31 Mar 2023 - 30 Apr 2023
2.50%
28 Feb 2023 - 31 Mar 2023
2.52%
31 Jan 2023 - 28 Feb 2023
2.52%
31 Dec 2022 - 31 Jan 2023
2.51%
31 Dec 2022 - 31 Dec 2022
2.51%
31 Dec 2022 - 31 Dec 2022
2.51%
30 Nov 2022 - 31 Dec 2022
2.53%
30 Nov 2022 - 30 Nov 2022
2.53%
30 Nov 2022 - 30 Nov 2022
2.53%
30 Nov 2022 - 30 Nov 2022
2.53%
31 Oct 2022 - 30 Nov 2022
2.53%
31 Oct 2022 - 31 Oct 2022
2.53%
31 Oct 2022 - 31 Oct 2022
2.53%
31 Oct 2022 - 31 Oct 2022
2.53%
31 Oct 2022 - 31 Oct 2022
2.53%
30 Sep 2022 - 31 Oct 2022
2.52%
30 Sep 2022 - 30 Sep 2022
2.52%
30 Sep 2022 - 30 Sep 2022
2.52%
30 Sep 2022 - 30 Sep 2022
2.52%
31 Aug 2022 - 30 Sep 2022
2.51%
31 Aug 2022 - 31 Aug 2022
2.51%
31 Aug 2022 - 31 Aug 2022
2.51%
31 Jul 2022 - 31 Aug 2022
2.58%
31 Jul 2022 - 31 Jul 2022
2.58%
31 Jul 2022 - 31 Jul 2022
2.58%
30 Jun 2022 - 31 Jul 2022
2.52%
30 Jun 2022 - 30 Jun 2022
2.52%
30 Jun 2022 - 30 Jun 2022
2.52%
31 May 2022 - 30 Jun 2022
2.55%
31 May 2022 - 31 May 2022
2.55%
31 May 2022 - 31 May 2022
2.55%
30 Apr 2022 - 31 May 2022
2.60%
30 Apr 2022 - 30 Apr 2022
2.60%
30 Apr 2022 - 30 Apr 2022
2.60%
31 Mar 2022 - 30 Apr 2022
2.54%
31 Mar 2022 - 31 Mar 2022
2.54%
31 Mar 2022 - 31 Mar 2022
2.54%
28 Feb 2022 - 31 Mar 2022
2.52%
28 Feb 2022 - 28 Feb 2022
2.52%
28 Feb 2022 - 28 Feb 2022
2.52%
31 Jan 2022 - 28 Feb 2022
2.55%
31 Jan 2022 - 31 Jan 2022
2.55%
31 Dec 2021 - 31 Jan 2022
2.51%
31 Dec 2021 - 31 Dec 2021
2.51%
30 Nov 2021 - 31 Dec 2021
2.60%
31 Oct 2021 - 30 Nov 2021
2.57%
30 Sep 2021 - 31 Oct 2021
2.60%
31 Aug 2021 - 30 Sep 2021
2.53%
31 Jul 2021 - 31 Aug 2021
2.57%
30 Jun 2021 - 31 Jul 2021
2.60%
31 May 2021 - 30 Jun 2021
2.57%
30 Apr 2021 - 31 May 2021
2.50%
31 Mar 2021 - 30 Apr 2021
2.53%
28 Feb 2021 - 31 Mar 2021
2.49%
31 Jan 2021 - 28 Feb 2021
2.50%
31 Dec 2020 - 31 Jan 2021
2.49%
30 Nov 2020 - 31 Dec 2020
2.52%
31 Oct 2020 - 30 Nov 2020
2.49%
30 Sep 2020 - 31 Oct 2020
2.54%
31 Aug 2020 - 30 Sep 2020
2.51%
31 Jul 2020 - 31 Aug 2020
2.52%
30 Jun 2020 - 31 Jul 2020
2.55%
31 May 2020 - 30 Jun 2020
2.46%
30 Apr 2020 - 31 May 2020
2.46%
31 Mar 2020 - 30 Apr 2020
2.48%
29 Feb 2020 - 31 Mar 2020
2.59%
31 Jan 2020 - 29 Feb 2020
2.61%
30 Nov 2019 - 31 Jan 2020
2.50%
31 Oct 2019 - 30 Nov 2019
2.50%
30 Sep 2019 - 31 Oct 2019
2.62%
31 Aug 2019 - 30 Sep 2019
2.68%
31 Jul 2019 - 31 Aug 2019
2.68%
30 Jun 2019 - 31 Jul 2019
2.44%
31 May 2019 - 30 Jun 2019
2.70%
30 Apr 2019 - 31 May 2019
2.70%
31 Mar 2019 - 30 Apr 2019
2.98%
28 Feb 2019 - 31 Mar 2019
3.13%
31 Jan 2019 - 28 Feb 2019
2.88%
31 Dec 2018 - 31 Jan 2019
2.88%
30 Nov 2018 - 31 Dec 2018
2.88%
31 Oct 2018 - 30 Nov 2018
2.88%
30 Sep 2018 - 31 Oct 2018
3.16%
31 Aug 2018 - 30 Sep 2018
3.16%
31 Jul 2018 - 31 Aug 2018
3.16%
30 Jun 2018 - 31 Jul 2018
3.16%
Expense ratio, exit load and taxExpense ratio: 2.51%Inclusive of GST
Exit loadExit load of 1% if redeemed within 12 months.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Understand terms
Check past data
Fund house & investment objective
IDBI Mutual Fund
Rank (total assets)#29 in India
Total AUM₹3,591.62Cr
Date of Incorporation29 Mar 2010
    IDBI Banking & Financial Services Fund IDCW is a Equity Mutual Fund Scheme launched by IDBI Mutual Fund.     This scheme was made available to investors on 29 Mar 2010.     Uma Venkatraman, Ayushi Sethia is the Current Fund Manager of IDBI Banking & Financial Services Fund IDCW fund.     The fund currently has an Asset Under Management(AUM) of ₹3,592 Cr and     the Latest NAV as of 28 Jul 2023 is ₹15.25.  

    The IDBI Banking & Financial Services Fund IDCW is rated Very High risk.               Exit load of 1% if redeemed within 12 months.
  ;
Investment ObjectiveThe objective of the scheme is 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. However there can be no assurance that the investment objective under the scheme will be realized. 
 
;
Fund benchmarkNIFTY Financial Services Total Return Index
Scheme Information Document(SID)
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
NA
Website
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.com
Compare funds
IDBI Banking & Financial Services Fund IDCW
VS
Add mutual fund to compare

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%