IDBI Equity Savings Fund Direct Growth

Hybrid
Equity Savings
Moderately High Risk
8.53%
3Y annualised
-0.79% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 26 Sep 2022₹22.96
Min. SIP amount₹500
Rating2
Fund size₹11.56Cr

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 returns1.0%8.5%7.0%7.3%
Category average3.2%8.9%6.7%NA
Rank with in category1615NANA
Understand terms

Holdings (29)

NameSectorInstrumentAssets
ICICI Bank Ltd.FinancialEquity7.5%
Tata Consultancy Services Ltd.TechnologyEquity5.8%
Tata Steel Ltd.Metals & MiningEquity4.8%
Siemens Ltd.Capital GoodsEquity4.1%
ACC Ltd.ConstructionEquity4.0%
DLF Ltd.ConstructionEquity3.3%
Mahindra & Mahindra Ltd.AutomobileEquity3.3%
Infosys Ltd.TechnologyEquity3.1%
Reliance Industries Ltd.EnergyEquity2.9%
State Bank of IndiaFinancialEquity2.8%
See All

Pros and cons

Category: Hybrid Equity Savings

Pros

Cons

Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
Lower AUM: 11Cr. Funds with lower AUM tend to have higher expense ratio
5Y annualised returns higher than category average by 0.26%
Consistently lower annualised returns than category average for the past 1Y and 3Y
Higher expense ratio: 1.16%
Low rating: 2

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 terms
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

Raju Sharma
May 2017 - Present
View details

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.
Also manages these schemes

Alok Ranjan
Aug 2021 - Present
View details

Education
Mr. Ranjan has done MBA (Finance), BSc Physics (Honors)
Experience
Prior to joining IDBI Asset Management Limited he was associated with Shriram Asset Management Ltd. as Fund Manager (Equity), Way2wealth Securities Ltd. as Head of Research and Advisory and First Global Ltd. as Vice President- Research.
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
022-66442800 / 1800-419-4324
Launch Date
29 Mar 2010
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,

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