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IDBI Equity Advantage Fund Regular Dividend-0.58%

20.86%
1 Year Return
Equity
ELSS
2.0star
6M
1Y
3Y
5Y
All

Fund Details

IDBI Equity Advantage Fund Regular Dividend

RiskVery High
Min SIP Amount₹500
Expense Ratio2.42%
NAV₹21.83 (04 Mar 2021)
Fund Started10 Sep 2013
Fund Size497 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
20.9%
7.2%
12.1%
16.8%
Category Average
32.9%
10.6%
15.6%
-
Rank Within Category
37
30
32
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 20.9% returns per annum

Comparison

Data not available
Pros
1. Exit load is zero
Cons
1. Higher expense ratio - 2.43%
2. 1Y Returns are lower than the category average returns
3. 3Y Returns are lower than the category average returns
4. 5Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
HDFC Bank Ltd.FinancialEquity7.0%
Infosys Ltd.TechnologyEquity5.3%
Reliance Industries Ltd.EnergyEquity4.6%
ICICI Bank Ltd.FinancialEquity4.4%
Bajaj Finance Ltd.FinancialEquity4.2%
Cholamandalam Investment & Finance Co. Ltd.FinancialEquity4.0%
Housing Development Finance Corpn. Ltd.FinancialEquity3.9%
Asian Paints Ltd.ChemicalsEquity3.6%
Kotak Mahindra Bank Ltd.FinancialEquity3.5%
TVS Motor Co. Ltd.AutomobileEquity3.5%
See All

Fund Managers

Uma Venkatraman
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IDBI Equity Advantage Fund Regular Dividend Details

IDBI Equity Advantage Fund Regular Dividend is a Equity Mutual Fund Scheme launched by IDBI Mutual Fund. This scheme was made available to investors on 10 Sep 2013. V Balasubramanian is the Current Fund Manager of IDBI Equity Advantage Fund Regular Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹497 Cr and the Latest NAV as of 04 Mar 2021 is ₹21.83.

The IDBI Equity Advantage Fund Regular Dividend is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.

Investment Objective

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.

Tax Implications

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

Scheme Information Document(SID)

₹500
Min for First Investment
₹500
Min for Second Investment
Nil
Exit Load

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About IDBI Mutual Fund

Address
5th floor, Mafatlal Centre, Nariman Point Mumbai 400021
Phone
022-6644 2800
Launch Date
29 Mar 2010
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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