How to Invest in IDBI Equity Savings Fund Direct IDCW Monthly?

You can easily invest in IDBI Equity Savings Fund Direct IDCW Monthly in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for IDBI Equity Savings Fund Direct IDCW Monthly from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in IDBI Equity Savings Fund Direct IDCW Monthly as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does IDBI Equity Savings Fund Direct IDCW Monthly provide?

The IDBI Equity Savings Fund Direct IDCW Monthly has been there from 04 Jan 2013 and the average annual returns provided by this fund is 8.66% since its inception.

How much expense ratio is charged by IDBI Equity Savings Fund Direct IDCW Monthly?

The term Expense Ratio used for IDBI Equity Savings Fund Direct IDCW Monthly or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of IDBI Equity Savings Fund Direct IDCW Monthly is 0.99% as of 08 Dec 2023...

What is the AUM of IDBI Equity Savings Fund Direct IDCW Monthly?

The AUM, short for Assets Under Management of IDBI Equity Savings Fund Direct IDCW Monthly is ₹9.41Cr as of 08 Dec 2023.

How to Redeem IDBI Equity Savings Fund Direct IDCW Monthly?

If you want to sell your IDBI Equity Savings Fund Direct IDCW Monthly holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of IDBI Equity Savings Fund Direct IDCW Monthly?

You can select either SIP or Lumpsum investment of IDBI Equity Savings Fund Direct IDCW Monthly based on your investment objective and risk tolerance.

What is the NAV of IDBI Equity Savings Fund Direct IDCW Monthly?

The NAV of IDBI Equity Savings Fund Direct IDCW Monthly is ₹16.82 as of 28 Jul 2023.

What is the PE and PB ratio of IDBI Equity Savings Fund Direct IDCW Monthly?

The PE ratio ratio of IDBI Equity Savings Fund Direct IDCW Monthly is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

IDBI Equity Savings Fund Direct IDCW Monthly - NAV, Mutual Fund Performance & Portfolio

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IDBI Equity Savings Fund Direct IDCW Monthly
Hybrid
Equity Savings
Moderately High Risk
11.06%
3Y annualised
+0.33% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 28 Jul 2023₹16.82
Min. SIP amountNot Supported
Rating2
Fund size₹9.41Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
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 returns8.7%11.1%7.9%7.5%
Category average11.0%9.5%8.7%NA
Rank with in category221815NA
Understand terms
Holdings (25)NameSectorInstrumentAssets
ICICI Bank Ltd.
FinancialEquity9.3%
Tata Consultancy Services Ltd.
TechnologyEquity7.0%
Siemens Ltd.
Capital GoodsEquity6.3%
Tata Steel Ltd.
Metals & MiningEquity6.2%
DLF Ltd.
ConstructionEquity4.9%
ACC Ltd.
ConstructionEquity3.7%
State Bank of India
FinancialEquity3.5%
Reliance Industries Ltd.
EnergyEquity3.3%
Mahindra & Mahindra Ltd.
AutomobileEquity3.2%
Infosys Ltd.
TechnologyEquity3.2%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
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
1Y and 10Y annualised returns lower than category average
3Y and 5Y annualised returns higher than category average
Higher expense ratio: 1.15%
Low rating: 2
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. 
Past expense ratio & exit load
Expense ratio
Exit load
30 Jun 2023 - Present
1.15%
31 May 2023 - 30 Jun 2023
1.15%
30 Apr 2023 - 31 May 2023
1.15%
31 Mar 2023 - 30 Apr 2023
1.15%
28 Feb 2023 - 31 Mar 2023
1.15%
31 Jan 2023 - 28 Feb 2023
1.15%
31 Dec 2022 - 31 Jan 2023
1.15%
31 Dec 2022 - 31 Dec 2022
1.15%
30 Nov 2022 - 31 Dec 2022
1.15%
30 Nov 2022 - 30 Nov 2022
1.15%
30 Nov 2022 - 30 Nov 2022
1.15%
31 Oct 2022 - 30 Nov 2022
1.16%
31 Oct 2022 - 31 Oct 2022
1.16%
31 Oct 2022 - 31 Oct 2022
1.16%
31 Oct 2022 - 31 Oct 2022
1.16%
30 Sep 2022 - 31 Oct 2022
1.16%
30 Sep 2022 - 30 Sep 2022
1.16%
30 Sep 2022 - 30 Sep 2022
1.16%
31 Aug 2022 - 30 Sep 2022
1.16%
31 Aug 2022 - 31 Aug 2022
1.16%
31 Jul 2022 - 31 Aug 2022
1.16%
31 Jul 2022 - 31 Jul 2022
1.16%
30 Jun 2022 - 31 Jul 2022
1.16%
30 Jun 2022 - 30 Jun 2022
1.16%
31 May 2022 - 30 Jun 2022
1.16%
31 May 2022 - 31 May 2022
1.16%
30 Apr 2022 - 31 May 2022
1.16%
30 Apr 2022 - 30 Apr 2022
1.16%
31 Mar 2022 - 30 Apr 2022
1.16%
31 Mar 2022 - 31 Mar 2022
1.16%
28 Feb 2022 - 31 Mar 2022
1.16%
28 Feb 2022 - 28 Feb 2022
1.16%
31 Jan 2022 - 28 Feb 2022
1.16%
31 Dec 2021 - 31 Jan 2022
1.16%
30 Nov 2021 - 31 Dec 2021
1.16%
31 Oct 2021 - 30 Nov 2021
1.16%
30 Sep 2021 - 31 Oct 2021
1.16%
31 Aug 2021 - 30 Sep 2021
1.16%
31 Jul 2021 - 31 Aug 2021
1.16%
30 Jun 2021 - 31 Jul 2021
1.16%
31 May 2021 - 30 Jun 2021
1.16%
30 Apr 2021 - 31 May 2021
1.16%
31 Mar 2021 - 30 Apr 2021
1.19%
28 Feb 2021 - 31 Mar 2021
1.16%
31 Jan 2021 - 28 Feb 2021
1.17%
31 Dec 2020 - 31 Jan 2021
1.24%
30 Nov 2020 - 31 Dec 2020
1.24%
31 Oct 2020 - 30 Nov 2020
1.16%
30 Sep 2020 - 31 Oct 2020
1.25%
31 Aug 2020 - 30 Sep 2020
1.18%
31 Jul 2020 - 31 Aug 2020
1.18%
30 Jun 2020 - 31 Jul 2020
1.18%
31 May 2020 - 30 Jun 2020
1.34%
30 Apr 2020 - 31 May 2020
1.34%
31 Mar 2020 - 30 Apr 2020
1.34%
29 Feb 2020 - 31 Mar 2020
1.36%
31 Jan 2020 - 29 Feb 2020
1.36%
30 Nov 2019 - 31 Jan 2020
1.37%
31 Oct 2019 - 30 Nov 2019
1.37%
30 Sep 2019 - 31 Oct 2019
1.38%
31 Aug 2019 - 30 Sep 2019
1.38%
31 Jul 2019 - 31 Aug 2019
1.40%
30 Jun 2019 - 31 Jul 2019
0.66%
31 May 2019 - 30 Jun 2019
0.66%
30 Apr 2019 - 31 May 2019
0.66%
31 Mar 2019 - 30 Apr 2019
0.97%
28 Feb 2019 - 31 Mar 2019
0.16%
31 Jan 2019 - 28 Feb 2019
0.16%
31 Dec 2018 - 31 Jan 2019
0.16%
30 Nov 2018 - 31 Dec 2018
0.16%
31 Oct 2018 - 30 Nov 2018
0.16%
30 Sep 2018 - 31 Oct 2018
0.18%
31 Aug 2018 - 30 Sep 2018
0.18%
31 Jul 2018 - 31 Aug 2018
0.18%
30 Jun 2018 - 31 Jul 2018
0.18%
31 May 2018 - 30 Jun 2018
0.19%
30 Apr 2018 - 31 May 2018
0.19%
31 Mar 2018 - 30 Apr 2018
0.18%
28 Feb 2018 - 31 Mar 2018
0.18%
31 Jan 2018 - 28 Feb 2018
1.57%
31 Dec 2017 - 31 Jan 2018
1.62%
30 Nov 2017 - 31 Dec 2017
1.63%
31 Oct 2017 - 30 Nov 2017
1.63%
Expense ratio, exit load and taxExpense ratio: 0.99%Inclusive of GST
Exit loadExit Load for units in excess of 12% of the investment,1% will be charged for redemption within 3 months.
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 terms
Check past data
Minimum investment amountsMin. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported
Fund managementSumit Bhatnagar
Oct 2023 - Present
View details
Education
Mr. Bhatnagar is an MBA (Investment Management) from University of Toronto, Canada and CFA Charter (USA).
Experience
Prior to joining LIC Mutual Fund. He was assocaited with Indiabulls Mutual Fund he has worked with SEBI.
Also manages these schemes
Groww Large Cap Fund Direct Fund Growth
LIC MF Large Cap Fund Direct Growth
LIC MF Nifty 50 Index Fund Direct Growth
LIC MF S&P BSE Sensex Fund Direct Growth
Groww Arbitrage Fund Direct Growth
Groww Value Fund Direct Growth
Indiabulls Savings Income Fund Direct Growth
Groww ELSS Tax Saver Fund Direct Growth
Groww Aggressive Hybrid Fund Direct Growth
LIC MF Arbitrage Fund Direct Growth
LIC MF Nifty Next 50 Index Fund Direct Growth
LIC MF Equity Savings Fund Direct Growth
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
LIC MF Unit Linked Insurance Scheme Direct IDCW
LIC MF Aggressive Hybrid Fund Direct Growth
LIC MF Conservative Hybrid Fund Direct Growth
LIC MF Medium to Long Duration Bond Fund Direct Growth
LIC MF Gilt Fund Direct Growth
LIC MF Children's Gift Fund Direct Growth
LIC MF Banking & PSU Debt Fund Direct Growth
LIC MF Arbitrage Fund Direct Growth
LIC MF Short Duration Fund Direct Growth
LIC MF Equity Savings Fund Direct Growth
Fund house & investment objective
IDBI Mutual Fund
Rank (total assets)#29 in India
Total AUM₹3,591.62Cr
Date of Incorporation29 Mar 2010
 IDBI Equity Savings Fund Direct IDCW Monthly 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 IDCW Monthly fund. The fund currently has an Asset Under Management(AUM) of ₹3,592 Cr and the Latest NAV as of 28 Jul 2023 is ₹16.82.
The IDBI Equity Savings Fund Direct IDCW Monthly is rated Moderately High risk. Minimum SIP Investment is set to ₹500. Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 3 months.
;
Investment ObjectiveThe 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.
;
Fund benchmarkNIFTY Equity Savings Total Return Index
Scheme Information Document(SID)
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
Website
www.idbimutual.co.in
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
Compare funds
IDBI Equity Savings Fund Direct IDCW Monthly
VS
Add mutual fund to compare

	1Y	3Y	5Y	All
Fund returns	8.7%	11.1%	7.9%	7.5%
Category average	11.0%	9.5%	8.7%	NA
Rank with in category	22	18	15	NA

Name	Sector	Instrument	Assets
ICICI Bank Ltd.	Financial	Equity	9.3%
Tata Consultancy Services Ltd.	Technology	Equity	7.0%
Siemens Ltd.	Capital Goods	Equity	6.3%
Tata Steel Ltd.	Metals & Mining	Equity	6.2%
DLF Ltd.	Construction	Equity	4.9%
ACC Ltd.	Construction	Equity	3.7%
State Bank of India	Financial	Equity	3.5%
Reliance Industries Ltd.	Energy	Equity	3.3%
Mahindra & Mahindra Ltd.	Automobile	Equity	3.2%
Infosys Ltd.	Technology	Equity	3.2%

Rank (total assets)	#29 in India
Total AUM	₹3,591.62Cr

Date of Incorporation	29 Mar 2010

Fund benchmark	NIFTY Equity Savings Total Return Index

Vaishnavi Tech Park, 3rd & 4th Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
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Min. for 1st investment	Not Supported
Min. for 2nd investment onwards	Not Supported

Rating	2
Fund size	₹9.41Cr

IDBI Equity Savings Fund Direct IDCW Monthly

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (25)

Disclaimer

Pros and cons

Pros

Cons

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.99%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Sumit BhatnagarOct 2023 - PresentView details

Pratik Harish ShroffSep 2023 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Sumit Bhatnagar
Oct 2023 - Present
View details

Pratik Harish Shroff
Sep 2023 - Present
View details