IDBI Equity Savings Fund Direct Growth

Hybrid
Equity Savings
Moderately High Risk
11.06%
3Y annualised
+0.33% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 28 Jul 2023₹24.89
Min. SIP amountNot Supported
Rating2
Fund size₹21.68Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Hybrid Equity Savings
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns8.7%11.1%7.9%7.5%
Category average13.2%8.3%9.5%NA
Rank with in category131614NA
Understand terms

Peer Comparison

Hybrid, Equity Savings fundsRating1Y3YFund Size(Cr)
5
22.4%13.3%477.96
5
16.1%11.6%7,643.87
4
13.7%10.6%594.41
4
14.8%9.9%508.67
4
10.2%8.8%12,168.01

Holdings (32)

NameSectorInstrumentAssets
FinancialEquity9.34%
TechnologyEquity7.00%
Capital GoodsEquity6.27%
Metals & MiningEquity6.21%
ConstructionEquity4.90%
ConstructionEquity3.66%
FinancialEquity3.47%
EnergyEquity3.28%
AutomobileEquity3.23%
TechnologyEquity3.20%
FinancialEquity2.98%
FinancialEquity2.84%
AutomobileEquity2.79%
FinancialEquity2.73%
HealthcareEquity2.55%
ConstructionEquity2.34%
ServicesEquity2.22%
Consumer StaplesEquity2.14%
Capital GoodsEquity2.10%
FinancialEquity2.02%
TechnologyEquity1.80%
TechnologyEquity1.55%
EnergyEquity1.45%
ConstructionEquity1.13%
EnergyBonds/NCD0.69%
Kotak Mahindra Bank Ltd.
FinancialFutures-3.00%
ACC Ltd.
ConstructionFutures-3.29%
DLF Ltd.
ConstructionFutures-4.93%
ICICI Bank Ltd.
FinancialFutures-5.31%
Tata Steel Ltd.
Metals & MiningFutures-6.24%
Siemens Ltd.
Capital GoodsFutures-6.29%
Tata Consultancy Services Ltd.
TechnologyFutures-7.02%
See All

Pros and cons

Category: Hybrid Equity Savings

Pros

Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
3Y and 5Y annualised returns higher than category average

Cons

1Y and 10Y annualised returns lower than category average
Higher expense ratio: 1.15%
Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 1.03%

Inclusive of GST

Exit load

Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 3 months.

Stamp duty

0.005% (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.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported

Fund management

Pratik Harish Shroff
Sep 2023 - Present
View details

Education
Mr. Shroff has done B.Com, M.Com, CFA, FRM and Executive Programme in Applied Finance – IIM, Calcutta
Experience
Prior to joining LIC Mutual Fund, he was associated with CTBC Bank Ltd, IndusInd Bank Ltd, Industrial and Commercial Bank of China, Tata Mutual Fund and LKP Securities
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
4th Floor, IDBI Tower,WTC Complex, Cuffe Parade,Colaba, Mumbai 400005
Phone
NA
Launch Date
29 Mar 2010
E-mail
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,

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