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IDBI Equity Savings Fund Direct IDCW Monthly

Hybrid
Equity Savings
Moderately High Risk
Payout
10.99%
3Y annualised
-0.57% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 18 Jan 2022₹15.71
Min. SIP amount₹500
Rating2
Fund size₹12.90Cr

Returns and rankings

Category: Hybrid Equity Savings
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns12.8%11.0%8.0%8.0%
Category average20.4%8.3%8.2%NA
Rank with in category1712NANA
Understand terms

Holdings (34)

NameSectorInstrumentAssets
FinancialEquity8.7%
FinancialAdditional Tier 1 Bo6.3%
TechnologyEquity6.1%
FinancialEquity4.4%
MetalsEquity4.4%
TechnologyEquity3.9%
ConstructionEquity3.4%
ServicesEquity3.0%
ConstructionEquity3.0%
FinancialEquity2.9%
See All

Pros and cons

Category: Hybrid Equity Savings

Pros

3Y annualised returns higher than category average by 2.65%
Lower expense ratio: 1.16%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Cons

Lower AUM: 12Cr. Funds with lower AUM tend to have higher expense ratio
Lower alpha: -1.61 The fund has generated returns lower than benchmark - Groww Debt Hybrid - in the last 3Y
1Y and 5Y annualised returns lower than category average
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

Alok Ranjan
Aug 2021 - Present
View details

Fund house & investment objective

Fund house contact details

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