IDBI Equity Advantage Fund Regular Dividend+0.78%

3.69%
1 Year Return
Equity
ELSS
2.0star
6M
1Y
3Y
5Y
All

Fund Details

IDBI Equity Advantage Fund Regular Dividend

RiskModerately High
Min SIP Amount₹500
Expense Ratio2.42%
NAV19.09 (24 Nov 2020)
Fund Started10 Sep 2013
Fund Size478 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
3.7%
2.7%
7.3%
15.7%
Category Average
9.3%
4.0%
9.6%
-
Rank Within Category
34
21
27
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 3.7% annual returns

    Comparison

    Data not available
    Pros
    1. Risk is lower compared to the benchmark
    2. Exit load is zero
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Risk-adjusted returns are lower compared to the category
    3. Higher expense ratio
    4. 1Y Returns are lower than the benchmark
    5. 3Y Returns are lower than the benchmark
    6. 5Y Returns are lower than the benchmark
    7. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    8. Risk-adjusted returns are lower compared to the category
    9. Higher expense ratio - 2.42%
    10. 1Y Returns are lower than the category average returns
    11. 3Y Returns are lower than the category average returns
    12. 5Y Returns are lower than the category average returns

    Top Holdings

    NameSectorInstrument% Assets
    HDFC Bank Ltd.FinancialEquity6.0%
    Reliance Industries Ltd.EnergyEquity5.9%
    Asian Paints Ltd.ChemicalsEquity5.8%
    Infosys Ltd.TechnologyEquity5.2%
    Bata India Ltd.FMCGEquity5.1%
    Kotak Mahindra Bank Ltd.FinancialEquity4.4%
    Page Industries Ltd.TextilesEquity3.9%
    Sanofi India Ltd.HealthcareEquity3.9%
    VST Industries Ltd.FMCGEquity3.8%
    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 ₹478 Cr and the Latest NAV as of 24 Nov 2020 is ₹19.09.

    The IDBI Equity Advantage Fund Regular Dividend is rated Moderately 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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