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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%)

Returns and rankings

Category: 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 cons

Category: Equity ELSS

Pros

  • Exit load is zero

Cons

  • Higher 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

Expense ratio, exit load and tax

Expense ratio: 2.42%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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

Understand termsinfo

Minimum investment amounts

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

Fund management

Uma Venkatraman
Jul 2018 - Present
View Details
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Fund house & investment objective

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Fund house contact details

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