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

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IDBI Equity Advantage Fund Regular Growth
Equity
ELSS
Very High Risk
3Y Lock Inlock
41.24%
1Y return
-0.34% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 28 Jul 2021₹34.73
Min. SIP Amount₹500
Rating1star
Fund Size₹517.75 Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹0 (0.00%)
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 returns41.2%8.8%10.1%17.1%
Category average54.9%14.2%14.3%NA
Rank with in category333131NA
Understand termsinfo
Holdings (47)NameSectorInstrumentAssets
Infosys Ltd.TechnologyEquity6.8%
HDFC Bank Ltd.FinancialEquity6.7%
ICICI Bank Ltd.FinancialEquity6.4%
Reliance Industries Ltd.EnergyEquity3.2%
ABB India Ltd.
EngineeringEquity3.1%
State Bank of India
FinancialEquity2.8%
HCL Technologies Ltd.TechnologyEquity2.8%
Housing Development Finance Corpn. Ltd.FinancialEquity2.7%
Asian Paints Ltd.ChemicalsEquity2.3%
Cholamandalam Investment & Finance Company Ltd.
FinancialEquity2.3%
See All
Pros and consCategory: Equity ELSS
ProsExit load is zero
ConsHigher expense ratio - 2.42%
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
Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
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. 
Expense ratio, exit load and taxExpense ratio: 2.42%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
Minimum investment amountsMin. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500
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.
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Ayushi Sethia
Oct 2018 - Present
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Also manages these schemes
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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 Growth is a Equity Mutual Fund Scheme launched by IDBI Mutual Fund. This scheme was made available to investors on 
IDBI Equity Advantage Fund Regular Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹4,032 Cr and the Latest NAV as of 28 Jul 2021 is ₹34.73.
The IDBI Equity Advantage Fund Regular Growth is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 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 Growth
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	1Y	3Y	5Y	All
Fund returns	41.2%	8.8%	10.1%	17.1%
Category average	54.9%	14.2%	14.3%	NA
Rank with in category	33	31	31	NA

Name	Sector	Instrument	Assets
Infosys Ltd.	Technology	Equity	6.8%
HDFC Bank Ltd.	Financial	Equity	6.7%
ICICI Bank Ltd.	Financial	Equity	6.4%
Reliance Industries Ltd.	Energy	Equity	3.2%
ABB India Ltd.	Engineering	Equity	3.1%
State Bank of India	Financial	Equity	2.8%
HCL Technologies Ltd.	Technology	Equity	2.8%
Housing Development Finance Corpn. Ltd.	Financial	Equity	2.7%
Asian Paints Ltd.	Chemicals	Equity	2.3%
Cholamandalam Investment & Finance Company Ltd.	Financial	Equity	2.3%

Min. for 1st investment	₹500
Min. for 2nd investment onwards	₹500

Rating	1
Fund Size	₹517.75 Cr