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Unrated

IDBI Equity Savings Fund - Direct Plan


Hybrid: Equity Savings

1 Lakh

Investment Grown to
₹ 1.12 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.78 Lakh

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 paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 -2.38 0.29 0.86 2.13 5.41 -3.03 2.99 3.78 4.80 5.92 --
VR MIP TRI -0.05 0.30 0.95 2.79 7.54 -0.34 3.19 6.45 7.26 8.41 --
Hybrid: Equity Savings -1.63 0.34 1.10 3.29 7.89 -2.02 1.48 4.16 5.75 -- --
Rank within category 15 16 19 23 23 16 9 -- -- -- --
Number of funds in category 23 23 23 23 23 23 21 14 7 0 0

As on 09-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
IDBI Equity Savings Fund - Direct Plan
Unrated
Jan-13 2.99 3.78 4.80 1.34 11
Kotak Equity Savings Fund - Direct Plan  | Invest Online
4 star
Oct-14 5.03 6.55 7.47 1.21 1,395
ICICI Prudential Equity Savings Fund - Direct Plan  | Invest Now
4 star
Dec-14 1.00 5.27 -- 0.70 1,157
Axis Equity Saver Fund - Direct Plan  | Invest Online
4 star
Aug-15 2.89 6.38 -- 1.02 688
HDFC Equity Savings Fund - Direct Plan  | Invest Online
3 star
Jan-13 -1.78 3.70 7.88 1.27 3,141

Best & Worst Performance

Best (Period) Worst (Period)
Week 5.08 (01-Apr-2020 - 09-Apr-2020) -9.24 (16-Mar-2020 - 23-Mar-2020)
Month 9.72 (23-Mar-2020 - 22-Apr-2020) -18.47 (20-Feb-2020 - 23-Mar-2020)
Quarter 13.96 (23-Mar-2020 - 22-Jun-2020) -15.18 (23-Dec-2019 - 23-Mar-2020)
Year 18.16 (04-Mar-2014 - 04-Mar-2015) -9.43 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 3.81 8.86 -0.17 -0.16 1.25 -2.44
VR MIP TRI 6.06 6.50 0.12 0.13 -- --
Hybrid: Equity Savings 4.08 9.00 -0.11 -0.10 1.29 -2.21
Rank within category 12 8 11 11 8 12
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 30-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 23
Number of Bonds 3
Average Maturity (yrs) 0.77
Top 10 Holdings (%) 49.39
Portfolio P/B Ratio 3.62
Portfolio P/E Ratio 28.68

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
up 5.78% HDFC Bank 365-D Term Deposits -- 0.00 - 13.83 13.83
equal 8.65% Bank of Baroda 2022 Debenture AA+ 6.03 - 11.32 11.05
equal 8.49% NTPC 25/03/2025 Bonds/NCDs AAA 0.45 - 0.86 0.85

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 Divi's Laboratories Healthcare 41.96 3.75 0.00 3.75
equal Aarti Industries Chemicals 30.88 4.00 0.00 3.60
equal HDFC Bank Financial 22.68 6.74 0.00 3.51
equal Honeywell Automation Engineering 52.14 3.64 0.00 3.24
new Hindustan Unilever FMCG 75.69 3.23 0.00 3.06
equal Escorts Automobile 29.32 2.50 0.00 2.50
equal ICICI Bank Financial 25.08 7.85 0.00 2.45
equal ICICI Lombard General Insurance Company Financial 48.46 3.47 0.00 2.40
equal HDFC Financial 15.72 4.98 1.12 2.29
equal Avenue Supermarts Services 115.56 2.16 0.00 2.09
down Infosys Technology 20.06 5.06 0.00 1.91
equal Blue Star Cons Durable 32.76 2.81 0.00 1.80
equal Nestle India FMCG 79.53 1.76 0.00 1.62
equal Mahindra & Mahindra Automobile 548.57 2.11 0.00 1.61
equal Maruti Suzuki India Automobile 31.95 1.57 0.00 1.55
equal Ultratech Cement Construction 19.07 3.88 0.00 1.44
equal SBI Life Insurance Company Financial 59.09 1.73 0.00 1.42
equal Reliance Industries Energy 31.35 8.84 0.00 1.35
equal United Breweries FMCG 66.16 1.59 0.00 1.32
equal Indraprastha Gas Energy 23.00 1.31 0.00 1.31
down State Bank of India Financial 8.99 6.96 0.00 1.19
equal ITC FMCG 15.70 5.17 0.00 0.91
equal Axis Bank Financial 69.10 7.16 0.00 0.90

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-May-2020

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:


0.29%

Change from previous, NAV as on 09-Jul-2020

Growth: ₹ 18.0345

Dividend Quarterly: ₹ 10.9106

Dividend Monthly: ₹ 13.0440


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
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: IDBI Mutual Fund
Launch Date: 04-Jan-2013
Return Since Launch: 6.05%
Benchmark: CRISIL Liquid (40), CRISIL Short-Term Bond (30), NIFTY 50 TRI (30)
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 11 Cr (As on 31-May-2020)
Expense: 1.34% (As on 31-May-2020)
Risk Grade: --
Return Grade: --
Turnover: 421.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Monthly28-Aug-20180.0473

 26-Jul-20180.0391
 26-Apr-20180.0934
 29-Jan-20180.0087
 26-Oct-20170.0121
 26-Sep-20170.0023
 29-Aug-20170.0218
 26-Jul-20170.0613
 28-Jun-20170.0047
 29-Mar-20170.0428
 27-Jan-20170.1592
 28-Nov-20160.0609
 26-Oct-20160.0107
 27-Sep-20160.0358
 26-Aug-20160.0379
 26-Jul-20160.0506
 28-Jun-20160.0283
 26-Apr-20160.0626
 29-Mar-20160.1226
 27-Oct-20150.0294
 29-Sep-20150.0471
 28-Jul-20150.0273
 26-May-20150.0477
 26-Feb-20150.0457
 28-Jan-20150.0468
Dividend Quarterly30-Sep-20140.1948

 21-Apr-20140.0935
 04-Apr-20130.1839
 31-Jan-20130.1586

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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