IDBI Banking & Financial Services Fund
500
Min SIP
5,000
Min Lumpsum
1.5 %
Expense Ratio
Rating
84
Fund Size (in Cr)
5 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
-
Invested Amount--
-
Wealth Gained--
-
Expected Amount--
Scheme Performance
| 1Y | 1Y | 3Y | 3Y | 5Y | 5Y | Max | Max | |
|---|---|---|---|---|---|---|---|---|
| Trailing Returns | 23.5% | 23.4% | 9.4% | 9.4% | ||||
| Category Average | 21.4% | 24.3% | 12.8% | - |
Scheme Allocation
By Holding
By Sector
By Asset
HDFC Bank
ICICI Bank
H D F C
Axis Bank
Bajaj Finance
Others
Advance Ratio
-0.02
Alpha
6.11
SD
0.94
Beta
0.34
Sharpe
Exit Load
| Exit Load | 1% - For exit (repurchase/switch-out/transfer/swp) within 12 months from the date of allotment. Nil - For exit after 12 month from the date of allotment. |
|---|
Fund Objective
The objective of the scheme is to provide investors maximum growth opportunities and to achieve long term capital appreciation by predominantly investing in equity and equity related instruments of companies engaged in Banking and Financial Services Sector. However there can be no assurance that the investment objective under the scheme will be realized.
Fund Managers
Alok Ranjan - Equity - Fund Manager
Mr. Alok Ranjan is the Head Equity and Fund Manager at IDBI Mutual Fund. He has about 25 years of experience in different fields of financial services. His educational qualifications include MBA (Finance) and B.Sc Physics (Honors). Before joining IDBI Mutual Fund, he worked with Shriram Asset Management Ltd.(Fund Manager), Way2wealth Securities Ltd.(Head of Research), and Advisory First Global Ltd.(Vice President Research).
Risk-O-Meter
Peer Comparison
Fund Name
- Fund Name
- Fund Size
- 1Y
- 3Y
- 5Y
-
- Equity .
- Sectoral / Thematic .
-
- 2,373
-
32.6%Fund Size - 2,373
-
41.4%Fund Size - 2,373
-
17.5%Fund Size - 2,373
-
- Equity .
- Sectoral / Thematic .
-
- 9,940
-
1.4%Fund Size - 9,940
-
37.5%Fund Size - 9,940
-
21.3%Fund Size - 9,940
-
- Equity .
- Sectoral / Thematic .
-
- 1,241
-
29.8%Fund Size - 1,241
-
33.3%Fund Size - 1,241
-
15.6%Fund Size - 1,241
-
- Equity .
- Sectoral / Thematic .
-
- 95
-
21.5%Fund Size - 95
-
31.9%Fund Size - 95
-
14.4%Fund Size - 95
-
- Equity .
- Sectoral / Thematic .
-
- 681
-
31.8%Fund Size - 681
-
29.4%Fund Size - 681
-
13.6%Fund Size - 681
AMC Contact Details
IDBI Mutual Fund
AUM:
3,733 Cr
Address:
4th Floor, IDBI Tower, WTC Complex,
Cuffe Parade, Colaba,
Mumbai - 400005
Contact:
022 - 66442800
Email ID:
contactus@idbimutual.co.in
Frequently Asked Questions
How to invest in IDBI Banking & Financial Services Fund ?
You can invest in IDBI Banking & Financial Services Fund in a quick and simple process. Follow the below steps;
- Login to your 5paisa account, Go to the Mutual Funds section.
- Search for IDBI Banking & Financial Services Fund in the search box.
- Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"
What is the NAV of IDBI Banking & Financial Services Fund ?
The NAV of IDBI Banking & Financial Services Fund is ₹15.7 as of 08 June 2023.
How to redeem IDBI Banking & Financial Services Fund holding ?
You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.
What is the minimum sip amount of IDBI Banking & Financial Services Fund?
The minimum SIP amount of IDBI Banking & Financial Services Fund is ₹500
What are the top sectors IDBI Banking & Financial Services Fund has invested in??
The top sectors IDBI Banking & Financial Services Fund has invested in are
- HDFC Bank - 19.03%
- ICICI Bank - 18.25%
- H D F C - 8.82%
- Axis Bank - 8.79%
- Bajaj Finance - 7.69%
How much returns have IDBI Banking & Financial Services Fund generated ?
The IDBI Banking & Financial Services Fund has delivered 9.4% since inception
What is the expense ratio of IDBI Banking & Financial Services Fund ?
The expense ratio of IDBI Banking & Financial Services Fund is 1.5 % as of 08 June 2023.
What is the AUM of IDBI Banking & Financial Services Fund?
The AUM of IDBI Banking & Financial Services Fund is ₹3,733 Cr as of 08 June 2023
What are the top stock holdings of IDBI Banking & Financial Services Fund?
The top stock holdings of IDBI Banking & Financial Services Fund are
- HDFC Bank - 19.03%
- ICICI Bank - 18.25%
- H D F C - 8.82%
- Axis Bank - 8.79%
- Bajaj Finance - 7.69%