Stocks
Invest in Stocks
Invest in stocks, ETFs, IPOs with fast orders. Track returns on your stock holdings and view real-time P&L on your positions.
F&O
Mutual Funds
Invest in Mutual Funds
Invest in direct mutual funds at zero charges via lump sump investments or SIPs
IDBI Equity Savings Fund Direct Growth
Hybrid
Equity Savings
Moderately High Risk
+11.06%
3Y annualised
+0.33% 1D
NAV: 28 Jul '23
₹24.89
Min. SIP amount
Not Supported
Fund size
₹36.23 Cr
Expense ratio
1.19%
Holdings (32)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 9.34% |
| Tata Consultancy Services Ltd. | Technology | Equity | 7.00% |
| Siemens Ltd. | Capital Goods | Equity | 6.27% |
| Tata Steel Ltd. | Metals & Mining | Equity | 6.21% |
| DLF Ltd. | Construction | Equity | 4.90% |
| ACC Ltd. | Construction | Equity | 3.66% |
| State Bank of India | Financial | Equity | 3.47% |
| Reliance Industries Ltd. | Energy | Equity | 3.28% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 3.23% |
| Infosys Ltd. | Technology | Equity | 3.20% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 2.98% |
| HDFC Bank Ltd. | Financial | Equity | 2.84% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 2.79% |
| Axis Bank Ltd. | Financial | Equity | 2.73% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | Equity | 2.55% |
| Ultratech Cement Ltd. | Construction | Equity | 2.34% |
| Avenue Supermarts Ltd. | Services | Equity | 2.22% |
| ITC Ltd. | Consumer Staples | Equity | 2.14% |
| Honeywell Automation India Ltd. | Capital Goods | Equity | 2.10% |
| Housing Development Finance Corporation Ltd. | Financial | Equity | 2.02% |
| HCL Technologies Ltd. | Technology | Equity | 1.80% |
| Birlasoft Ltd. | Technology | Equity | 1.55% |
| Gujarat Gas Ltd. | Energy | Equity | 1.45% |
| Grasim Industries Ltd. | Construction | Equity | 1.13% |
| NTPC Ltd. | Energy | Bonds/NCD | 0.69% |
| Kotak Mahindra Bank Ltd. | Financial | Futures | -3.00% |
| ACC Ltd. | Construction | Futures | -3.29% |
| DLF Ltd. | Construction | Futures | -4.93% |
| ICICI Bank Ltd. | Financial | Futures | -5.31% |
| Tata Steel Ltd. | Metals & Mining | Futures | -6.24% |
| Siemens Ltd. | Capital Goods | Futures | -6.29% |
| Tata Consultancy Services Ltd. | Technology | Futures | -7.02% |
See All
Minimum investments
Min. for 1st investment
Not Supported
Min. for 2nd investment
Not Supported
Min. for SIP
Not Supported
Returns and rankings
Annualised returns
Absolute returns
| Name | 3Y | 5Y | 10Y | All |
|---|---|---|---|---|
| Fund returns | +11.1% | +7.9% | +7.8% | +7.5% |
| Category average (Hybrid Equity Savings) | +9.9% | +9.1% | +8.4% | -- |
| Rank (Hybrid Equity Savings) | 16 | 18 | -- | -- |
Exit load, stamp duty and tax
Exit load
Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 3 months.
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Check past data
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
Kotak Equity Savings Fund Direct Growth | +9.30% | +12.59% | 9,650.52 | |
Edelweiss Equity Savings Fund Direct Growth | +9.32% | +12.30% | 1,194.87 | |
DSP Equity Savings Fund Direct Growth | +7.10% | +10.71% | 3,904.77 | |
ICICI Prudential Equity Savings Fund Direct Growth | +8.00% | +8.99% | 18,060.45 | |
Bandhan Equity Savings Fund Direct Growth | +6.95% | +8.75% | 399.11 | |
| Compare | ||||
Fund management
SBSumit BhatnagarOct 2023 - PresentView details
SB
Sumit Bhatnagar
Oct 2023 - Present
View details
PHSPratik Harish ShroffSep 2023 - PresentView details
PHS
Pratik Harish Shroff
Sep 2023 - Present
View details
About IDBI Equity Savings Fund Direct Growth
IDBI Equity Savings Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by IDBI Mutual Fund. This scheme was made available to investors on 29 Mar 2010. Sumit Bhatnagar is the Current Fund Manager of IDBI Equity Savings Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹3,592 Cr and the Latest NAV as of 28 Jul 2023 is ₹24.89.
The IDBI Equity Savings Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to ₹500. Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 3 months.
;
Investment Objective
The scheme seeks to provide regular income by investing in debt and money market instruments and using arbitrage and other derivative strategies. Also intends to generate long capital appreciation through unhedged exposure to equity and equity related instruments.
Fund benchmarkNIFTY Equity Savings Total Return Index
Fund house
Rank (total assets)#29 in India
Total AUM₹3,591.62 Cr
Date of Incorporation29 Mar 2010
Launch Date29 Mar 2010
Address4th Floor, IDBI Tower,WTC Complex, Cuffe Parade,Colaba, Mumbai 400005
CustodianSBI SG Global Securities Services Pvt.Ltd.
Registrar & Transfer AgentKFin Tech
Email[email protected]
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,