IDBI Equity Advantage Fund Regular IDCW

Equity
ELSS
Very High Risk
Payout
3Y Lock In
10.11%
3Y annualised
+0.10% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 06 Feb 2023₹23.23
Min. SIP amountNot Supported
Rating2
Fund size₹480.04Cr

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 returns-0.5%10.1%8.4%15.4%
Category average-0.7%15.8%9.9%NA
Rank with in category173027NA
Understand terms

Holdings (41)

NameSectorInstrumentAssets
ICICI Bank Ltd.FinancialEquity8.8%
HDFC Bank Ltd.FinancialEquity8.4%
State Bank of IndiaFinancialEquity5.7%
Infosys Ltd.TechnologyEquity5.0%
Reliance Industries Ltd.EnergyEquity4.1%
Axis Bank Ltd.FinancialEquity4.1%
ABB India Ltd.Capital GoodsEquity4.0%
Cholamandalam Investment and Finance Company Ltd.FinancialEquity3.5%
HCL Technologies Ltd.TechnologyEquity3.2%
Housing Development Finance Corporation Ltd.FinancialEquity3.1%
See All

Expense ratio, exit load and tax

Expense ratio: 2.43%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported

Fund management

Alok Ranjan
Aug 2021 - Present
View details

Education
Mr. Ranjan has done MBA (Finance), BSc Physics (Honors)
Experience
Prior to joining IDBI Asset Management Limited he was associated with 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
022-66442800 / 1800-419-4324
Launch Date
29 Mar 2010
Website
NA
IDBI Mutual Fund
Asset Management Company
Custodian
SBI SG Global Securities Services Pvt.Ltd.
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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IDBI Equity Advantage Fund Regular IDCW
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