Name: IDBI Equity Savings Fund Direct Growth
Brand: IDBI Mutual Fund

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IDBI Equity Savings Fund Direct Growth
Hybrid
Equity Savings
Moderately High Risk
20.50%
1Y return
-0.10% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 28 Jul 2021₹21.89
Min. SIP Amount₹500
Rating3star
Fund Size₹11.26 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: Hybrid Equity Savings
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns20.5%8.7%7.4%7.7%
Category average20.4%8.3%8.2%NA
Rank with in category1313NANA
Understand termsinfo
Holdings (29)NameSectorInstrumentAssets
Infosys Ltd.TechnologyEquity9.7%
ICICI Bank Ltd.FinancialEquity9.6%
Bank Of BarodaFinancialAdditional Tier 1 Bo7.3%
Maruti Suzuki India Ltd.AutomobileEquity5.9%
Tata Steel Ltd.MetalsEquity5.3%
Housing Development Finance Corpn. Ltd.FinancialEquity4.9%
HDFC Bank Ltd.FinancialEquity3.3%
Axis Bank Ltd.FinancialEquity2.8%
Avenue Supermarts Ltd.ServicesEquity2.8%
Reliance Industries Ltd.EnergyEquity2.4%
See All
Pros and consCategory: Hybrid Equity Savings
Pros3Y Returns are higher than the category average returns
1Y Returns are higher than the category average returns
ConsAsset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
5Y Returns are lower than the category average returns
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: 1.16%Inclusive of GST
Exit loadExit load of 1% if redeemed within 12 months.
Same for SIP.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns 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
Minimum investment amountsMin. for 1st investment₹1,000
Min. for 2nd investment onwards₹5,000
Min. for SIP₹500
Fund managementRaju Sharma
May 2017 - Present
View Details
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Education
Mr. Sharma is a Commerce Graduate and holds a degree of CA and LLB.
Experience
Prior to joining IDBI Mutual Fund, he has worked with Tata Mutual Fund, Indiabulls Mutual Fund, JM Morgan Stanley and DHFL.
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Uma Venkatraman
Sep 2017 - 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.
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 Savings Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by IDBI Mutual Fund. This scheme was made available to investors on 29 
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. Raju Sharma, Uma Venkatraman is the Current Fund Manager of IDBI Equity Savings Fund Direct 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 ₹21.89.
The IDBI Equity Savings Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 12 months.
Same for SIP....Read more
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
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.
...Read more
Fund benchmarkGroww Debt Hybrid
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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	1Y	3Y	5Y	All
Fund returns	20.5%	8.7%	7.4%	7.7%
Category average	20.4%	8.3%	8.2%	NA
Rank with in category	13	13	NA	NA

Name	Sector	Instrument	Assets
Infosys Ltd.	Technology	Equity	9.7%
ICICI Bank Ltd.	Financial	Equity	9.6%
Bank Of Baroda	Financial	Additional Tier 1 Bo	7.3%
Maruti Suzuki India Ltd.	Automobile	Equity	5.9%
Tata Steel Ltd.	Metals	Equity	5.3%
Housing Development Finance Corpn. Ltd.	Financial	Equity	4.9%
HDFC Bank Ltd.	Financial	Equity	3.3%
Axis Bank Ltd.	Financial	Equity	2.8%
Avenue Supermarts Ltd.	Services	Equity	2.8%
Reliance Industries Ltd.	Energy	Equity	2.4%

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

Rating	3
Fund Size	₹11.26 Cr