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IDBI Equity Savings Fund Direct Growth

Hybrid
Equity Savings
Moderately High Risk
11.80%
3Y annualised
-0.12% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 25 Oct 2021₹22.91
Min. SIP amount₹500
Rating3star
Fund size₹12.66 Cr

Returns and rankings

Category: Hybrid Equity Savings
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns21.1%11.8%8.0%8.0%
Category average20.4%8.3%8.2%NA
Rank with in category1312NANA
Understand termsinfo

Holdings (30)

NameSectorInstrumentAssets
FinancialEquity8.4%
EnergyEquity7.2%
FinancialAdditional Tier 1 Bo6.5%
MetalsEquity5.2%
AutomobileEquity5.1%
FinancialEquity4.8%
TechnologyEquity3.5%
ServicesEquity3.2%
FinancialEquity3.1%
FinancialEquity2.6%
See All

Pros and cons

info
Category: Hybrid Equity Savings
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Pros

1Y and 3Y annualised returns higher than category average
Lower expense ratio: 1.16%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
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Cons

Lower AUM: 12Cr. Funds with lower AUM tend to have higher expense ratio
Lower alpha: -2.45 The fund has generated returns lower than benchmark - Groww Debt Hybrid - in the last 3Y
5Y annualised returns lower than category average by 0.16%

Expense ratio, exit load and tax

Expense ratio: 1.16%

Inclusive of GST

Exit load

Exit load of 1% if redeemed within 12 months. Same for SIP.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand termsinfo
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Fund management

Uma Venkatraman
Sep 2017 - Present
View details
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Alok Ranjan
Aug 2021 - Present
View details
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Fund house & investment objective

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Fund house contact details

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