Groww Logo
SWITCH TO DIRECTHELPMUTUAL FUNDS
0% COMMISSION ON GROWW
Home>Mutual Funds>Idbi Mutual Funds>Best Idbi Mutual Funds

Best IDBI Equity Mutual Funds

Incorporated in 2010, IDBI Asset Management is 66.67 % owned by IDBI Bank and 33.33 % by IDBI Capital Market & Securities Ltd. As of 31st March 2021, this AMC had Rs.4120 crore as assets under management (AUM).

This AMC currently offers more than 20 mutual fund schemes spread across equity, debt, and hybrid categories. This includes the best IDBI equity mutual funds.

Equity mutual funds or growth funds are mutual fund schemes that predominantly make investments in the stocks or shares of companies from various market capitalisations.  These funds are accompanied by a high-risk factor; hence they bear the potential of providing high returns. 

These funds make investments of a minimum of 65% of an investor’s capital in shares and stocks, while the remaining 35% might be invested in money-market or debt instruments. 

Equity mutual funds can be categorised as either passive or active funds. In a passive fund, a fund manager constructs a portfolio that reflects a popular market index, including Sensex. In an active fund, a fund manager researches companies, conducts market analysis, examines performance and searches for the best stocks for making investments.

Moreover, these funds can also be classified according to market capitalisation, which implies the market value of a company. There can be additional categorisation as diversified or thematic/sectoral. Based on market cap, investors can choose among large-cap, small-cap, mid-cap, and multi-cap funds. A mid-cap fund will invest in stocks on mid-cap companies, a small-cap fund invests in small-cap company stocks, and so on. 

The best IDBI equity mutual fund schemes currently offer approximately 10 equity fund schemes.

Taxability

Besides being familiar with the best IDBI equity mutual funds, it is imperative to have an idea about the taxability involved in equity mutual funds.

Long-term Capital Gains Tax: Investors earn long-term capital gains by selling equity fund units after a holding period of one year or more. These capital gains are exempted from taxation when limited to Rs.1 lakh in a year. Any gains exceeding this upper limit is taxed at a rate of 10% without any indexation benefits.

Short-term Capital Gains Tax:   An investor enjoys short-term capital gains on redeeming the equity fund within a holding period of one year. A short term capital gains tax is levied on these gains at a rate of 15% irrespective of the income tax slab of the concerned investor.

TDS: If the investor’s dividend exceeds Rs.5000 for a given financial year, then as per section 194K, TDS at a rate of 10% is deducted before the capital reaches an investor’s account. 

Factors to Consider Before Investing

In addition to knowing the taxability applicable to the best IDBI equity mutual funds, investors must be aware of several other factors. These are mentioned below:

Risk appetite: There is significant risk associated with an equity mutual fund investment. To be able to choose the top IDBI equity mutual fund, an investor must consider his or her risk appetite. The risk tolerance is different for different individuals opting for the same mutual fund. It is a highly subjective matter, and several things are accountable for it. This includes the financial situation and overall investment goal of an individual. 

Investment objective:  The investment objective defines the purpose of an investor behind making an investment in a specific asset. An investor must evaluate this objective as it would greatly help him or her in choosing a suitable scheme from the best IDBI equity mutual funds in 2022.

Experience of a fund manager: The competence of a fund manager is highly accountable for the performance of an investor’s fund. This is the reason why a majority of the experienced investors considerably put emphasis on the fund manager. The fund managers are judged based on several parameters, including experience level, ability to identify scripts in comparison to their peers, etc.

Expense ratio: The expense ratio defines the fees which an investor is charged from the mutual fund houses for managing the funds. The fees of the fund manager and the fees for record-keeping are included here. A mutual fund scheme with a low expense ratio bears the potential of generating higher returns in the long run.

Past performance of the fund: The past returns on a particular mutual fund can be used for judging its quality. Though the past performance does not give an indication of probable returns, it can help investors manage their ROI expectations. A particular mutual fund’s past performance would help an investor understand the bearish and bullish trends in the market conditions over a time period.

Holding analysis: The holding analysis forms a crucial parameter as it makes one aware of the expected level of returns and the accountable scale of losses. It also shows where resources are invested. 

First-time investors might find it difficult to choose the most suitable fund from the best IDBI equity mutual funds. However, using this article as a reference along with having a basic understanding of mutual funds would prove to be of great help to them.

Why invest with Groww?

— Registered with SEBI, AMFI & BSE

— Paperless sign up on web & app

— Expert recommendations

— ZERO fees !

Sign Up

List of Idbi Mutual Funds in India

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
IDBI Small Cap FundEquityVery High14.8%3₹134
IDBI Nifty Junior Index FundOtherVery High2.5%2₹56
IDBI Liquid FundDebtModerate3.5%5₹804
IDBI Equity Advantage FundEquityVery High6.2%2₹495
IDBI Hybrid Equity FundHybridVery High3.4%2₹189
IDBI Nifty Index FundOtherVery High6.9%3₹211
IDBI Midcap FundEquityVery High0.1%2₹193
IDBI Focused 30 Equity FundEquityVery High9.2%4₹132
IDBI India Top 100 Equity FundEquityVery High8.4%4₹574
IDBI Flexi Cap FundEquityVery High10.7%4₹381
IDBI Gold FundOtherHigh6.1%5₹41
IDBI Short Term Bond FundDebtModerate10.9%3₹33
IDBI Ultra Short Term FundDebtModerate4.2%1₹260
IDBI Equity Savings FundHybridModerately High3.2%3₹12
IDBI Dynamic Bond FundDebtModerate2.8%4₹19
View All

Let's have a closer look

Now let us jump and check about these top 10 mutual fund schemes.

IDBI Small Cap Fund Direct Growth

Fund Performance: The IDBI Small Cap Fund belongs to the Equity category of IDBI Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in IDBI Small Cap Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹134Cr
1Y Returns14.8%

IDBI Nifty Junior Index Fund Direct Growth

Fund Performance: The IDBI Nifty Junior Index Fund has given 11.41% annualized returns in the past three years and 8.09% in the last 5 years. The IDBI Nifty Junior Index Fund belongs to the Other category of IDBI Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in IDBI Nifty Junior Index Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹56Cr
1Y Returns2.5%

IDBI Liquid Fund Direct Growth

Fund Performance: The IDBI Liquid Fund has given 4.39% annualized returns in the past three years and 5.55% in the last 5 years. The IDBI Liquid Fund belongs to the Debt category of IDBI Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in IDBI Liquid Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹804Cr
1Y Returns3.5%

IDBI Equity Advantage Fund Direct Growth

Fund Performance: The IDBI Equity Advantage Fund has given 11.43% annualized returns in the past three years and 9.47% in the last 5 years. The IDBI Equity Advantage Fund belongs to the Equity category of IDBI Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in IDBI Equity Advantage Fund via lump sum is ₹500 and via SIP is ₹500.

Min Investment Amt₹500
AUM₹495Cr
1Y Returns6.2%

IDBI Hybrid Equity Fund Direct Growth

Fund Performance: The IDBI Hybrid Equity Fund has given 9.41% annualized returns in the past three years and 6.85% in the last 5 years. The IDBI Hybrid Equity Fund belongs to the Hybrid category of IDBI Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in IDBI Hybrid Equity Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹189Cr
1Y Returns3.4%

IDBI Nifty Index Fund Direct Growth

Fund Performance: The IDBI Nifty Index Fund has given 11.64% annualized returns in the past three years and 11.77% in the last 5 years. The IDBI Nifty Index Fund belongs to the Other category of IDBI Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in IDBI Nifty Index Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹211Cr
1Y Returns6.9%

IDBI Midcap Fund Direct Growth

Fund Performance: The IDBI Midcap Fund has given 13.35% annualized returns in the past three years and 8.38% in the last 5 years. The IDBI Midcap Fund belongs to the Equity category of IDBI Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in IDBI Midcap Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹193Cr
1Y Returns0.1%

IDBI Focused 30 Equity Fund Direct Growth

Fund Performance: The IDBI Focused 30 Equity Fund belongs to the Equity category of IDBI Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in IDBI Focused 30 Equity Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹132Cr
1Y Returns9.2%

IDBI India Top 100 Equity Fund Direct Growth

Fund Performance: The IDBI India Top 100 Equity Fund has given 15.45% annualized returns in the past three years and 10.93% in the last 5 years. The IDBI India Top 100 Equity Fund belongs to the Equity category of IDBI Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in IDBI India Top 100 Equity Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹574Cr
1Y Returns8.4%

IDBI Flexi Cap Fund Direct Growth

Fund Performance: The IDBI Flexi Cap Fund has given 16.08% annualized returns in the past three years and 12.06% in the last 5 years. The IDBI Flexi Cap Fund belongs to the Equity category of IDBI Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in IDBI Flexi Cap Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹381Cr
1Y Returns10.7%

IDBI Gold Direct Growth

Fund Performance: The IDBI Gold Fund has given 15.9% annualized returns in the past three years and 10.38% in the last 5 years. The IDBI Gold Fund belongs to the Other category of IDBI Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in IDBI Gold Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹41Cr
1Y Returns6.1%

IDBI Short Term Bond Fund Direct Growth

Fund Performance: The IDBI Short Term Bond Fund has given 6.69% annualized returns in the past three years and 7.03% in the last 5 years. The IDBI Short Term Bond Fund belongs to the Debt category of IDBI Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in IDBI Short Term Bond Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹33Cr
1Y Returns10.9%

IDBI Ultra Short Term Fund Direct Growth

Fund Performance: The IDBI Ultra Short Term Fund has given 5.73% annualized returns in the past three years and 6.05% in the last 5 years. The IDBI Ultra Short Term Fund belongs to the Debt category of IDBI Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in IDBI Ultra Short Term Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹260Cr
1Y Returns4.2%

IDBI Equity Savings Fund Direct Growth

Fund Performance: The IDBI Equity Savings Fund has given 8.27% annualized returns in the past three years and 6.57% in the last 5 years. The IDBI Equity Savings Fund belongs to the Hybrid category of IDBI Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in IDBI Equity Savings Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹12Cr
1Y Returns3.2%

IDBI Dynamic Bond Fund Direct Growth

Fund Performance: The IDBI Dynamic Bond Fund has given 5.95% annualized returns in the past three years and 5.61% in the last 5 years. The IDBI Dynamic Bond Fund belongs to the Debt category of IDBI Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in IDBI Dynamic Bond Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹19Cr
1Y Returns2.8%

Explore all Mutual Funds on Groww

Explore Mutual Funds
ⓒ 2016-2022 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 2.4.0
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  ICICI PRUDENTIAL |  HDFC |  NIPPON INDIA |  ADITYA BIRLA SUN LIFE |  SBI |  UTI |  FRANKLIN TEMPLETON |  KOTAK MAHINDRA |  IDFC |  DSP |  AXIS |  TATA |  L&T |  SUNDARAM |  PGIM |  INVESCO |  LIC |  JM FINANCIAL |  BARODA PIONEER |  CANARA ROBECO |  HSBC |  IDBI |  INDIABULLS |  MOTILAL OSWAL |  BNP PARIBAS |  MIRAE ASSET |  PRINCIPAL |  BOI AXA |  UNION KBC |  TAURUS |  EDELWEISS |  NAVI |  MAHINDRA |  QUANTUM |  PPFAS |  IIFL |  Quant |  SHRIRAM |  SAHARA |  ITI