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3 star

IDBI Equity Savings Fund


1 Lakh

Investment Grown to
₹ 1.26 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.25 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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(₹)
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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 4.11 0.13 1.07 0.42 5.76 14.04 14.07 7.96 6.65 7.18 --
VR MIP TRI 1.96 -0.39 1.07 -0.12 4.02 10.70 13.65 9.56 9.86 9.69 --
Hybrid: Equity Savings 3.56 0.11 0.66 0.29 5.26 13.05 16.10 7.29 8.52 -- --
Rank within category 9 9 2 8 10 11 18 -- -- -- --
Number of funds in category 23 23 23 23 23 23 23 14 11 0 0

As on 08-Mar-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
3 star
Mar-11 14.07 7.96 6.65 2.13 11
HDFC Equity Savings Fund  | Invest Online
4 star
Sep-04 20.28 7.94 11.07 2.20 2,416
Kotak Equity Savings Fund - Regular Plan  | Invest Online
4 star
Oct-14 14.94 8.49 9.17 2.23 1,382
ICICI Prudential Equity Savings Fund  | Invest Now
4 star
Dec-14 10.56 7.59 9.32 1.51 1,051
SBI Equity Savings Fund - Regular Plan  | Invest Online
3 star
May-15 19.38 8.43 9.16 1.75 1,316

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 17.59 04-Mar-2014 - 04-Mar-2015 -10.37 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.69 9.80 0.32 0.34 1.32 -2.59
VR MIP TRI 8.91 6.82 0.63 0.75 -- --
Hybrid: Equity Savings 6.91 9.68 0.27 0.31 1.33 -3.44
Rank within category 7 9 7 9 9 7
Number of funds in category 16 16 16 16 16 16

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

As on 28-Feb-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 21
Number of Bonds 3
Average Maturity (yrs) 0.61
Top 10 Holdings (%) 69.22
Portfolio P/B Ratio 2.79
Portfolio P/E Ratio 33.02

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
new 6.06% HDFC Bank 365-D Term Deposits -- 0.00 - 14.26 14.26
equal 8.65% Bank of Baroda 2022 Debenture AA+ 9.01 - 11.32 9.83
equal 8.49% NTPC 25/03/2025 Bonds/NCDs AAA 0.75 - 0.87 0.87

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 28.99 8.75 0.00 8.75
down Vedanta Metals -- 8.17 0.00 7.60
down HDFC Financial 26.26 8.84 1.22 6.58
up HDFC Bank Financial 27.93 6.74 0.00 6.41
down Maruti Suzuki India Automobile 49.11 7.51 0.00 6.05
equal Honeywell Automation Engineering 90.67 3.64 0.00 3.48
down Infosys Technology 30.46 5.06 0.00 3.15
equal Reliance Industries Energy 34.61 8.84 0.00 3.11
equal Axis Bank Financial 76.44 7.16 0.00 2.69
equal Mahindra & Mahindra Automobile -- 2.67 0.36 2.67
equal Blue Star Cons Durable 214.11 2.81 0.00 2.60
equal Avenue Supermarts Services 212.51 2.37 0.00 2.37
equal Aurobindo Pharma Healthcare 9.23 2.69 0.00 2.24
equal Aarti Industries Chemicals 43.84 4.00 0.00 2.03
equal Bharti Airtel Communication -- 4.76 0.00 1.95
equal Divi's Laboratories Healthcare 49.29 4.04 0.00 1.77
equal Hindustan Unilever FMCG 69.82 3.24 0.00 1.59
equal Nestle India FMCG 78.07 1.76 0.00 1.54
equal State Bank of India Financial 14.85 6.96 0.00 1.26
new Info Edge (India) Services 50.77 2.16 0.00 1.04
equal ITC FMCG 19.11 5.17 0.00 0.91

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-Jan-2021

Fund Manager

— Uma Venkatraman since 05-Sep-2017

Education: Prior to joining IDBI Mutual Fund, she had worked with B&K Securities, ASK Raymond James, Morgan Keegan and UTI Mutual Fund.

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:


0.13%

Change from previous, NAV as on 08-Mar-2021

Growth: ₹ 19.7355

Dividend Quarterly: ₹ 15.7158

Dividend Monthly: ₹ 16.5638


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: 7.03%
Benchmark: CRISIL Liquid TRI (40), NIFTY 50 TRI (30), CRISIL Short-Term Bond TRI (30)
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 11 Cr (As on 31-Jan-2021)
Expense: 2.13% (As on 31-Jan-2021)
Risk Grade: Average
Return Grade: Average
Turnover: 431.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Monthly28-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
 27-Dec-20110.0264
Dividend Quarterly21-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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