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2 star

IDBI Equity Savings Fund

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Hybrid: Equity Savings

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1 Lakh

Investment Grown to
₹ 1.30 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.28 Lakh

Suitability:

"Equity-savings funds invest about a third of your money each in equity shares, bonds and arbitrage opportunities, though these proportions may vary a bit depending upon the market outlook of the fund manager. These funds are suitable for those who cannot withstand too much volatility in the value of their investments and are content with moderate returns which are slightly higher than fixed income options.

They may also suit those looking for a regular income from their accumulation. The debt and arbitrage portions of these funds can provide a moderate, but steady stream of income. The equity allocation, though adds a bit of volatility, but helps boost returns to keep up with the rate of inflation over the long term.

Invest only if your investment horizon is three years or more. To derive dependable income with some degree of inflation protection, invest your accumulated savings in these funds gradually over at least a few months, and then maintain a withdrawal rate in the range of 4-6 per cent of the value of your investment every year."

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 9.07 -1.03 -1.83 -2.38 1.30 4.46 12.67 9.06 5.96 6.21 7.13
VR MIP TRI 10.02 -1.13 -1.62 -2.31 2.09 6.15 13.28 10.70 9.41 8.59 9.83
Hybrid: Equity Savings 11.55 -0.91 -1.27 -1.51 2.07 6.05 15.10 9.61 8.43 8.57 --
Rank within category 20 16 21 20 20 20 17 14 -- -- --
Number of funds in category 23 23 23 23 23 23 23 18 13 2 0

As on 26-Nov-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
IDBI Equity Savings Fund
2 star
 Mar-11 12.67 9.06 5.96 2.13% 13
HDFC Equity Savings Fund  | Invest Online
4 star
 Sep-04 21.57 10.66 9.58 2.10% 2,516
Kotak Equity Savings Fund - Regular Plan  | Invest Online
4 star
 Oct-14 13.06 10.06 9.40 2.18% 1,626
Axis Equity Saver Fund - Regular Plan
4 star
 Aug-15 16.32 11.35 10.14 2.20% 1,053
ICICI Prudential Equity Savings Fund  | Invest Now
3 star
 Dec-14 12.37 8.47 7.57 1.04% 4,506

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 5.06 01-Apr-2020 - 09-Apr-2020 -9.26 16-Mar-2020 - 23-Mar-2020
Month 9.64 23-Mar-2020 - 22-Apr-2020 -18.53 20-Feb-2020 - 23-Mar-2020
Quarter 13.71 23-Mar-2020 - 22-Jun-2020 -15.36 23-Dec-2019 - 23-Mar-2020
Year 33.90 23-Mar-2020 - 23-Mar-2021 -10.37 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 10.00 9.43 0.65 0.69 1.26 -3.22
VR MIP TRI 11.27 6.77 1.09 1.33 -- --
Hybrid: Equity Savings 10.14 9.18 0.72 0.77 1.25 -2.98
Rank within category 12 10 13 12 12 13
Number of funds in category 19 19 19 19 19 19

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Oct-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 30
Number of Bonds 2
Average Maturity (yrs) 2.49
Top 10 Holdings (%) 47.21
Portfolio P/B Ratio 3.55
Portfolio P/E Ratio 22.86

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 8.65% Bank of Baroda Additional Tier 1 Bond AA+ 6.31 - 9.83 6.31
equal 8.49% NTPC 25/03/2025 Bonds/NCDs AAA 0.69 - 0.87 0.69

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal ICICI Bank Financial 23.61 10.13 1.04 9.33
up Tata Consultancy Services Technology 34.84 5.49 0.00 5.49
equal Tata Steel Metals 4.36 6.49 0.00 5.16
equal HDFC Financial 23.83 8.84 1.33 4.83
new ACC Construction 21.11 3.59 0.00 3.59
equal Infosys Technology 34.03 9.82 1.22 3.43
equal HDFC Bank Financial 24.13 6.74 0.00 3.05
new DLF Construction 56.57 4.09 0.00 3.03
down Avenue Supermarts Services 222.46 3.16 0.00 2.99
equal Reliance Industries Energy 31.22 8.84 0.00 2.49
equal Axis Bank Financial 20.29 7.16 0.00 2.43
equal Divi's Laboratories Healthcare 61.32 4.04 0.00 2.19
equal HCL Technologies Technology 26.06 2.12 0.00 1.85
equal State Bank of India Financial 14.65 6.96 0.00 1.81
new Ultratech Cement Construction 33.50 3.31 0.00 1.64
down Maruti Suzuki India Automobile 51.58 7.51 0.00 1.63
equal Honeywell Automation Engineering 80.94 4.04 0.00 1.61
new Grasim Industries Construction 18.15 2.32 0.00 1.59
equal Larsen & Toubro Construction 28.52 1.88 0.00 1.56
down Hindustan Petroleum Corporation Energy 4.58 7.23 0.00 1.48
equal Bajaj Finance Financial 82.53 3.17 0.00 1.42
equal Birlasoft Technology 31.75 1.46 0.00 1.41
new Alkem Laboratories Healthcare 25.27 1.39 0.00 1.39
equal Nestle India FMCG 82.63 1.76 0.00 1.39
equal Petronet LNG Energy 11.02 1.41 0.00 1.32

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Oct-2021

Fund Manager

— Alok Ranjan since 06-Aug-2021

Education: Mr. Ranjan has done MBA (Finance), BSc Physics (Honors)

Experience: Prior to joining IDBI Asset Management Limited he was associated with Shriram Asset Management Ltd. as Fund Manager (Equity), Way2wealth Securities Ltd. as Head of Research and Advisory and First Global Ltd. as Vice President- Research.

Funds Managed:

— Raju Sharma since 03-May-2017

Education: Mr. Sharma is a Commerce Graduate and holds a degree of CA and LLB.

Experience: Prior to joining IDBI Mutual Fund, he has worked with Tata Mutual Fund, Indiabulls Mutual Fund, JM Morgan Stanley and DHFL.

Funds Managed:

-1.03%

Change from previous, NAV as on 26-Nov-2021

Growth: ₹ 20.6769

IDCW Quarterly: ₹ 15.4013

IDCW Monthly: ₹ 16.2899

Investment Strategy

The 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.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 5,000
Lock-in Period Not Applicable
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: IDBI Mutual Fund
Launch Date: 07-Mar-2011
Return Since Launch: 7.00%
Benchmark: NIFTY Equity Savings TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 13 Cr (As on 31-Oct-2021)
Expense: 2.13% (As on 31-Oct-2021)
Risk Grade: Average
Return Grade: Below Average
Turnover: 452.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Monthly27-Apr-20211.0000

 28-Aug-20180.0419
 26-Jul-20180.0341
 26-Apr-20180.0935
 27-Dec-20130.0545
 26-Nov-20130.0468
 26-Jul-20130.0545
 26-Jun-20130.0545
 28-May-20130.0613
 26-Apr-20130.0613
 26-Mar-20130.0617
 26-Feb-20130.0617
 29-Jan-20130.0617
 27-Dec-20120.0529
 27-Nov-20120.0529
 29-Oct-20120.0529
 26-Sep-20120.0529
 28-Aug-20120.0529
 26-Jul-20120.0440
 26-Jun-20120.0440
 28-May-20120.1695
 26-Apr-20120.0440
 27-Mar-20120.0440
 28-Feb-20120.0440
 27-Jan-20120.0617
IDCW Quarterly27-Apr-20211.0000

 21-Apr-20170.2516
 07-Jul-20150.1150
 30-Mar-20150.2385
 30-Sep-20140.1948
 21-Apr-20140.0935
 04-Apr-20130.1839
 31-Jan-20130.1586
 04-Oct-20120.1586
 07-Aug-20120.1321
 18-Apr-20120.2202
 27-Dec-20110.0264
 03-Oct-20110.1321
 04-Jul-20110.1321

Contact Information

AMC: IDBI Asset Management Ltd.

Address: 4th Floor, IDBI Tower, WTC Complex, Cuffe Parade, Colaba, Mumbai - 400005

Phone: 022-66442800 / 1800-419-4324

Fax: 022-66442801

Email: [email protected]

Website: http://www.idbimutual.co.in

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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