IDBI Equity Advantage Fund – Direct Growth
500
Min SIP
500
Min Lumpsum
1.21 %
Expense Ratio
Rating
484
Fund Size (in Cr)
10 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 | 14.4% | 24% | 14% | - | ||||
| Category Average | - | - | - | - |
Scheme Allocation
By Holding
By Sector
By Asset
Advance Ratio
0.02
Alpha
0.75
SD
0.92
Beta
0.11
Sharpe
Exit Load
| Exit Load | Nil |
|---|
Fund Objective
Seek to invest predominantly in a diversified portfolio of equity and equity related instruments with the objective to provide investors with opportunities for capital appreciation and income along with the benefit of income-tax deduction (under section 80C of the Income-Tax Act, 1961) on their investments. Investments in this scheme would be subject to a statutory lock-in of 3 years from the date of allotment to be eligible for income-tax benefits under Section 80C.
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
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- Equity .
- ELSS .
-
- 5,246
-
19.4%Fund Size - 5,246
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29.5%Fund Size - 5,246
-
14.2%Fund Size - 5,246
-
- Equity .
- ELSS .
-
- 12,543
-
16.2%Fund Size - 12,543
-
28.5%Fund Size - 12,543
-
10.9%Fund Size - 12,543
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- Equity .
- ELSS .
-
- 4,088
-
17.1%Fund Size - 4,088
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26.8%Fund Size - 4,088
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16.9%Fund Size - 4,088
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- Equity .
- ELSS .
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- 1,084
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13.9%Fund Size - 1,084
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25.4%Fund Size - 1,084
-
13.4%Fund Size - 1,084
-
- Equity .
- ELSS .
-
- 11,227
-
14.9%Fund Size - 11,227
-
25%Fund Size - 11,227
-
13.4%Fund Size - 11,227
AMC Contact Details
IDBI Mutual Fund
AUM:
3,740 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 Equity Advantage Fund – Direct Growth ?
You can invest in IDBI Equity Advantage Fund – Direct Growth in a quick and simple process. Follow the below steps;
- Login to your 5paisa account, Go to the Mutual Funds section.
- Search for IDBI Equity Advantage Fund – Direct Growth 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 expense ratio of IDBI Equity Advantage Fund – Direct Growth ?
The expense ratio of IDBI Equity Advantage Fund – Direct Growth is 1.21 % as of 28 July 2023.
What is the AUM of IDBI Equity Advantage Fund – Direct Growth?
The AUM of IDBI Equity Advantage Fund – Direct Growth is ₹3,740 Cr as of 28 July 2023
What are the top stock holdings of IDBI Equity Advantage Fund – Direct Growth?
The top stock holdings of IDBI Equity Advantage Fund – Direct Growth are
- HDFC Bank - 8.68%
- ICICI Bank - 8.24%
- A B B - 6.55%
- St Bk of India - 5.27%
- Cholaman.Inv.&Fn - 4.53%
How can I redeem my investments in IDBI Equity Advantage Fund – Direct Growth?
Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select IDBI Equity Advantage Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select IDBI Equity Advantage Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.
What is the NAV of IDBI Equity Advantage Fund – Direct Growth ?
The NAV of IDBI Equity Advantage Fund – Direct Growth is ₹48.7 as of 28 July 2023.
How to redeem IDBI Equity Advantage Fund – Direct Growth 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 Equity Advantage Fund – Direct Growth?
The minimum SIP amount of IDBI Equity Advantage Fund – Direct Growth is ₹500
What are the top sectors IDBI Equity Advantage Fund – Direct Growth has invested in?
The top sectors IDBI Equity Advantage Fund – Direct Growth has invested in are
- Banks - 29.3%
- IT-Software - 11.03%
- Electrical Equipments - 8.31%
- Consumer Durables - 6.14%
- Cement & Cement Products - 6.11%
Can I make investments in both the SIP and Lump Sum schemes of IDBI Equity Advantage Fund – Direct Growth?
Yes, You can select both SIP or Lumpsum investment of IDBI Equity Advantage Fund – Direct Growth based on your investment objective and risk tolerance.