IDBI Equity Advantage Fund Direct Growth

Equity
ELSS
Very High Risk
3Y Lock In
22.30%
3Y annualised
+0.10% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 28 Jul 2023₹48.77
Min. SIP amountNot Supported
Rating2
Fund size₹484.91Cr

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 ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns18.4%22.3%11.4%17.4%
Category average35.0%15.4%19.4%NA
Rank with in category252524NA
Understand terms

Peer Comparison

Holdings (38)

NameSectorInstrumentAssets
FinancialEquity8.68%
FinancialEquity8.24%
Capital GoodsEquity6.55%
FinancialEquity5.27%
FinancialEquity4.53%
TechnologyEquity4.40%
FinancialEquity4.34%
EnergyEquity4.10%
ConstructionEquity3.63%
ChemicalsEquity3.15%
TechnologyEquity2.86%
ConstructionEquity2.54%
Consumer StaplesEquity2.47%
Consumer StaplesEquity2.43%
TextilesEquity2.42%
AutomobileEquity2.32%
DiversifiedEquity2.02%
TechnologyEquity1.89%
TechnologyEquity1.88%
AutomobileEquity1.83%
FinancialEquity1.81%
ConstructionEquity1.78%
Capital GoodsEquity1.76%
ChemicalsEquity1.70%
Capital GoodsEquity1.40%
ConstructionEquity1.34%
ChemicalsEquity1.32%
HealthcareEquity1.26%
CommunicationEquity1.14%
Metals & MiningEquity1.13%
Consumer DiscretionaryEquity1.02%
Capital GoodsEquity1.00%
Consumer DiscretionaryEquity0.99%
FinancialEquity0.96%
EnergyEquity0.75%
HealthcareEquity0.59%
ConstructionEquity0.45%
ConstructionEquity0.41%
See All

Pros and cons

Category: Equity ELSS

Pros

Exit load is zero
Lower expense ratio: 1.21%

Cons

Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y
Lock-in period: 3Y
Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 1.21%

Inclusive of GST

Exit load

Nil

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 investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported

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
NA
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,

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