Name: IDBI Equity Advantage Fund Regular IDCW
Brand: IDBI Mutual Fund

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IDBI Equity Advantage Fund Regular IDCW
Equity
ELSS
Very High Risk
3Y Lock Inlock
48.42%
1Y return
-1.81% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 20 Sep 2021₹22.79
Min. SIP amountNA
Rating1star
Fund size₹541.20 Cr
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 ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns48.4%11.6%11.5%18.1%
Category average54.9%14.2%14.3%NA
Rank with in category293029NA
Understand termsinfo
Holdings (48)NameSectorInstrumentAssets
ICICI Bank Ltd.
FinancialEquity7.0%
Infosys Ltd.
TechnologyEquity7.0%
HDFC Bank Ltd.
FinancialEquity6.8%
State Bank of India
FinancialEquity3.5%
Reliance Industries Ltd.
EnergyEquity3.3%
HCL Technologies Ltd.
TechnologyEquity3.2%
ABB India Ltd.
EngineeringEquity3.1%
Housing Development Finance Corpn. Ltd.
FinancialEquity2.9%
Mphasis Ltd.
TechnologyEquity2.9%
PI Industries Ltd.
ChemicalsEquity2.4%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and consinfo
Category: Equity ELSS
thumb_up_altPros
Exit load is zero
thumb_down_altCons
Higher expense ratio - 2.41%
1Y Returns are lower than the category average returns
3Y Returns are lower than the category average returns
5Y Returns are lower than the category average returns
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
31 Aug 2021 - Present
2.41%
31 Jul 2021 - 31 Aug 2021
2.40%
30 Jun 2021 - 31 Jul 2021
2.42%
31 May 2021 - 30 Jun 2021
2.40%
30 Apr 2021 - 31 May 2021
2.40%
31 Mar 2021 - 30 Apr 2021
2.43%
28 Feb 2021 - 31 Mar 2021
2.46%
31 Jan 2021 - 28 Feb 2021
2.42%
31 Dec 2020 - 31 Jan 2021
2.43%
30 Nov 2020 - 31 Dec 2020
2.43%
31 Oct 2020 - 30 Nov 2020
2.42%
30 Sep 2020 - 31 Oct 2020
2.43%
31 Aug 2020 - 30 Sep 2020
2.42%
31 Jul 2020 - 31 Aug 2020
2.42%
30 Jun 2020 - 31 Jul 2020
2.45%
31 May 2020 - 30 Jun 2020
2.39%
30 Apr 2020 - 31 May 2020
2.39%
31 Mar 2020 - 30 Apr 2020
2.42%
29 Feb 2020 - 31 Mar 2020
2.44%
31 Jan 2020 - 29 Feb 2020
2.38%
30 Nov 2019 - 31 Jan 2020
2.39%
31 Oct 2019 - 30 Nov 2019
2.38%
30 Sep 2019 - 31 Oct 2019
2.46%
31 Aug 2019 - 30 Sep 2019
2.51%
31 Jul 2019 - 31 Aug 2019
2.47%
30 Jun 2019 - 31 Jul 2019
2.35%
31 May 2019 - 30 Jun 2019
2.31%
30 Apr 2019 - 31 May 2019
2.33%
31 Mar 2019 - 30 Apr 2019
2.38%
28 Feb 2019 - 31 Mar 2019
2.48%
31 Jan 2019 - 28 Feb 2019
2.35%
31 Dec 2018 - 31 Jan 2019
2.35%
30 Nov 2018 - 31 Dec 2018
2.34%
31 Oct 2018 - 30 Nov 2018
2.36%
30 Sep 2018 - 31 Oct 2018
2.61%
31 Aug 2018 - 30 Sep 2018
2.60%
31 Jul 2018 - 31 Aug 2018
2.64%
30 Jun 2018 - 31 Jul 2018
2.73%
31 May 2018 - 30 Jun 2018
2.57%
30 Apr 2018 - 31 May 2018
2.71%
31 Mar 2018 - 30 Apr 2018
2.78%
28 Feb 2018 - 31 Mar 2018
2.79%
31 Jan 2018 - 28 Feb 2018
2.89%
31 Dec 2017 - 31 Jan 2018
2.89%
30 Nov 2017 - 31 Dec 2017
2.89%
31 Oct 2017 - 30 Nov 2017
2.90%
Expense ratio, exit load and taxExpense ratio: 2.41%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationUpto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.
Understand termsinfo
Check past data
Minimum investment amountsMin. for 1st investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA
Fund managementUma Venkatraman
Jul 2018 - Present
View details
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Education
Prior to joining IDBI Mutual Fund, she had worked with B&K Securities, ASK Raymond James, Morgan Keegan and UTI Mutual Fund.
Also manages these schemes
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Ayushi Sethia
Oct 2018 - Present
View details
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Also manages these schemes
IDBI Equity Advantage Fund Direct IDCW
IDBI Equity Advantage Fund Regular IDCW
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Alok Ranjan
Aug 2021 - Present
View details
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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.
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IDBI Small Cap Fund Regular IDCW
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Fund house & investment objective
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IDBI Mutual Fund
Rank (total assets)#29 in India
Total AUM4,031.93 Cr
Date of Incorporation29 Mar 2010
IDBI Equity Advantage Fund Regular IDCW is a Equity Mutual Fund Scheme launched by IDBI Mutual Fund. This scheme was made available to investors on 29
IDBI Equity Advantage Fund Regular IDCW is a Equity Mutual Fund Scheme launched by IDBI Mutual Fund. This scheme was made available to investors on 29 Mar 2010. V Balasubramanian is the Current Fund Manager of IDBI Equity Advantage Fund Regular IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹4,032 Cr and the Latest NAV as of 20 Sep 2021 is ₹22.79.
The IDBI Equity Advantage Fund Regular IDCW is rated Very High risk. Minimum SIP Investment is set to 500. ...Read more
Investment Objective
The scheme seeks to invest in equity and equity related instruments with the objective to provide investors with opportunities for capital appreciatio
The scheme seeks to invest in equity and equity related instruments with the objective to provide investors with opportunities for capital appreciation and income along with the benefit of income tax deduction (under Section 80c of the Income Tax Act, 1961) on their investments, subject to a statutory lock-in for three years.
...Read more
Fund benchmarkS&P BSE 200 TRI
descriptionScheme Information Document(SID)
Fund house contact details
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Address
5th floor, Mafatlal Centre, Nariman Point Mumbai 400021
Phone
022-6644 2800
Launch Date
29 Mar 2010
E-mail
[email protected]
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,
Email
[email protected]
Website
www.karvymfs.com
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IDBI Equity Advantage Fund Regular IDCW
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	1Y	3Y	5Y	All
Fund returns	48.4%	11.6%	11.5%	18.1%
Category average	54.9%	14.2%	14.3%	NA
Rank with in category	29	30	29	NA

Name	Sector	Instrument	Assets
ICICI Bank Ltd.	Financial	Equity	7.0%
Infosys Ltd.	Technology	Equity	7.0%
HDFC Bank Ltd.	Financial	Equity	6.8%
State Bank of India	Financial	Equity	3.5%
Reliance Industries Ltd.	Energy	Equity	3.3%
HCL Technologies Ltd.	Technology	Equity	3.2%
ABB India Ltd.	Engineering	Equity	3.1%
Housing Development Finance Corpn. Ltd.	Financial	Equity	2.9%
Mphasis Ltd.	Technology	Equity	2.9%
PI Industries Ltd.	Chemicals	Equity	2.4%

Rating	1
Fund size	₹541.20 Cr

Rank (total assets)	#29 in India
Total AUM	4,031.93 Cr