Groww Logo
Home>Mutual Funds>IDBI Mutual Fund>IDBI Equity Advantage Fund Direct IDCW

IDBI Equity Advantage Fund Direct IDCW

Equity
ELSS
Very High Risk
Payout
3Y Lock In
17.10%
3Y annualised
-0.88% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 19 Jan 2022₹26.97
Min. SIP amount₹500
Rating2
Fund size₹528.14Cr

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns27.5%17.1%15.3%19.3%
Category average54.9%14.2%14.3%NA
Rank with in category282828NA
Understand terms

Holdings (46)

NameSectorInstrumentAssets
FinancialEquity7.4%
FinancialEquity6.9%
TechnologyEquity6.9%
FinancialEquity3.9%
EngineeringEquity3.7%
TechnologyEquity3.7%
EnergyEquity3.5%
TechnologyEquity3.1%
FinancialEquity2.8%
FinancialEquity2.7%
See All

Pros and cons

Category: Equity ELSS

Pros

3Y and 5Y annualised returns higher than category average
Exit load is zero
Lower expense ratio: 1.19%

Cons

1Y annualised returns lower than category average by 27.55%
Lock-in period: 3Y
Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 1.19%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

Fund management

Alok Ranjan
Aug 2021 - Present
View details

Fund house & investment objective

Fund house contact details

Compare funds

IDBI Equity Advantage Fund Direct IDCW
VS
Add mutual fund to compare

FAQs

How to Invest in IDBI Equity Advantage Fund Direct IDCW
What kind of returns does IDBI Equity Advantage Fund Direct IDCW provide?
How much expense ratio is charged by IDBI Equity Advantage Fund Direct IDCW?
What is the AUM of IDBI Equity Advantage Fund Direct IDCW?
How to Redeem IDBI Equity Advantage Fund Direct IDCW?
Can I invest in SIP and Lump Sum of IDBI Equity Advantage Fund Direct IDCW?
What is the NAV of IDBI Equity Advantage Fund Direct IDCW?
What is the PE and PB ratio of IDBI Equity Advantage Fund Direct IDCW?
Loading...
ⓒ 2016-2022 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 2.1.5
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  ICICI PRUDENTIAL |  HDFC |  NIPPON INDIA |  ADITYA BIRLA SUN LIFE |  SBI |  UTI |  FRANKLIN TEMPLETON |  KOTAK MAHINDRA |  IDFC |  DSP |  AXIS |  TATA |  L&T |  SUNDARAM |  PGIM |  INVESCO |  LIC |  JM FINANCIAL |  BARODA PIONEER |  CANARA ROBECO |  HSBC |  IDBI |  INDIABULLS |  MOTILAL OSWAL |  BNP PARIBAS |  MIRAE ASSET |  PRINCIPAL |  BOI AXA |  UNION KBC |  TAURUS |  EDELWEISS |  NAVI |  MAHINDRA |  QUANTUM |  PPFAS |  IIFL |  Quant |  SHRIRAM |  SAHARA |  ITI