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2 star

IDFC Equity Savings Fund - Direct Plan

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Hybrid: Equity Savings

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1 Lakh

Investment Grown to
₹ 1.32 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.29 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 0.94 0.04 0.52 1.43 1.51 5.53 10.34 9.76 7.78 7.71 --
VR MIP TRI 1.92 0.02 0.96 1.87 0.18 7.21 11.16 11.04 9.85 8.90 --
Hybrid: Equity Savings 1.77 0.00 0.87 1.81 0.93 6.65 13.58 11.62 9.81 9.22 --
Rank within category 20 8 19 17 4 17 19 17 -- -- --
Number of funds in category 22 22 22 22 22 22 22 19 13 6 0

As on 14-Jan-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
IDFC Equity Savings Fund - Direct Plan
2 star
 Jan-13 10.34 9.76 7.78 0.21% 83
Kotak Equity Savings Fund - Direct Plan  | Invest Online
4 star
 Oct-14 12.67 11.51 10.46 1.17% 1,668
Axis Equity Saver Fund - Direct Plan
4 star
 Aug-15 15.45 13.33 12.03 0.88% 1,161
Mirae Asset Equity Savings Fund - Direct Plan  | Invest Online
5 star
 Dec-18 16.65 15.39 -- 0.38% 450
ICICI Prudential Equity Savings Fund - Direct Plan  | Invest Now
3 star
 Dec-14 9.14 9.17 8.32 0.43% 4,927

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 5.12 24-Mar-2020 - 31-Mar-2020 -8.23 16-Mar-2020 - 23-Mar-2020
Month 10.89 24-Mar-2020 - 23-Apr-2020 -16.87 20-Feb-2020 - 23-Mar-2020
Quarter 18.30 24-Mar-2020 - 23-Jun-2020 -15.13 23-Dec-2019 - 23-Mar-2020
Year 34.25 23-Mar-2020 - 23-Mar-2021 -11.56 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 9.43 8.85 0.64 0.69 1.18 -1.75
VR MIP TRI 10.03 6.79 0.93 1.14 -- --
Hybrid: Equity Savings 10.63 9.18 0.78 0.85 1.25 -0.99
Rank within category 18 9 19 17 9 18
Number of funds in category 21 21 21 21 21 21

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

As on 31-Dec-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 47
Number of Bonds 4
Average Maturity (yrs) 0.25
Top 10 Holdings (%) 37.46
Portfolio P/B Ratio 3.82
Portfolio P/E Ratio 24.71

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 Reserve Bank of India 364-D 03/03/2022 Treasury Bills SOV 0.00 - 6.02 6.02
equal 5.69% REC 30/09/2023 Non Convertible Debenture AAA 0.00 - 5.52 3.91
new IDFC Cash Direct Mutual Fund -- 0.00 - 3.63 3.63
equal 5.50% Britannia Inds. 2024 Non Convertible Debenture AAA 0.00 - 0.00 0.00
equal Others Margin Money -- - 0.10

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 Tata Motors Automobile -- 4.43 0.00 4.16
equal Tata Consultancy Services Technology 39.00 5.58 0.00 3.72
up Titan Company Consumer Durable 131.79 3.66 0.00 3.66
up Sun Pharmaceutical Industries Healthcare 32.95 5.71 1.18 3.39
equal Tech Mahindra Technology 33.21 6.02 0.48 3.12
up Bajaj Finance Financial 94.82 2.94 0.00 2.94
up Pidilite Industries Chemicals 102.23 2.91 0.00 2.91
up Axis Bank Financial 22.13 3.20 0.04 2.80
equal JSW Steel Metals 8.27 3.65 0.00 2.14
equal Reliance Industries Energy 32.85 9.71 1.06 2.08
equal Infosys Technology 37.72 6.36 0.00 1.97
equal Hindustan Petroleum Corporation Energy 4.93 2.78 0.00 1.91
equal Mahindra & Mahindra Automobile 26.54 2.28 0.00 1.70
up Aurobindo Pharma Healthcare 7.81 5.94 1.63 1.67
equal Adani Ports and Special Economic Zone Services 31.15 6.55 0.33 1.66
equal Tata Chemicals Chemicals 38.43 2.24 0.00 1.62
equal HDFC Bank Financial 25.03 7.13 1.61 1.61
equal Marico FMCG 54.23 1.90 0.00 1.61
up Bharti Airtel Communication 139.95 6.94 0.00 1.60
equal HDFC Asset Management Company Financial 38.31 2.36 0.00 1.48
equal ICICI Bank Financial 26.79 5.82 1.43 1.43
equal Dabur India FMCG 56.26 2.04 0.00 1.40
equal Wipro Technology 28.95 1.59 0.00 1.39
equal HCL Technologies Technology 32.97 1.47 0.00 1.34
equal Tata Power Company Energy 53.68 1.55 0.00 1.26

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-Dec-2021

Fund Manager

— Nemish Sheth since 01-Nov-2021

Education: Mr. Sheth is a B.Com, PGDM(FINANCE)

Experience: Prior to joining IDFC AMC, he has worked with Nippon Life India Asset Management Ltd. and ICICI Prudential Asset Management Company Ltd.

Funds Managed:

— Sachin Relekar since 09-Dec-2020

Education: Mr. Relekar is an MMS(Finance) from Jamnalal Bajaj Institute of Management Studies Mumbai and B.E (Mechanical) from K.E.S. College of Engineering Islampur.

Experience: Prior to joining IDFC AMC he has worked with LIC Mutual Fund, Sundaram Mutual Fund, Tata AMC, CD Equity Search, Innovision Consulting and Tech Pacific India.

Funds Managed:

— Harshal Joshi since 20-Oct-2016

Education: Mr. Joshi is PGDBM from N.L. Dalmia Institute of Management Studies and Research, Mumbai

Experience: Prior to joining IDFC Mutual fund in 2008 he has worked with ICAP India Pvt. Ltd.

Funds Managed:

0.04%

Change from previous, NAV as on 14-Jan-2022

Growth: ₹ 26.8900

IDCW Yearly: ₹ 13.5400

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IDCW Quarterly: ₹ 12.5100

IDCW Monthly: ₹ 15.3700

Investment Strategy

The scheme seeks to generate income by predominantly investing in arbitrage opportunities in the cash and derivatives segments of the equity markets along with debt and money market instruments and to generate long-term capital appreciation by investing a portion of the Schemes assets in equity and equity related instruments.

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 100
Min. No of Cheques 6
Min. Withdrawal (₹) 500
Min. Balance (₹) 500
Lock-in Period Not Applicable
Exit Load For units in excess of 10% of the investment,0.25% will be charged for redemption within 7 days

Basic Details

Fund House: IDFC Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 7.85%
Benchmark: CRISIL Equity Saving
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 83 Cr (As on 31-Dec-2021)
Expense: 0.21% (As on 31-Dec-2021)
Risk Grade: Average
Return Grade: Below Average
Turnover: 46.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Monthly28-Dec-20210.0400

 26-Nov-20210.0400
 28-Oct-20210.0400
 28-Sep-20210.0400
 26-Aug-20210.0400
 28-Jun-20210.0400
 28-May-20210.0400
 26-Apr-20210.0400
 22-Mar-20210.0400
 26-Feb-20210.0400
 28-Jan-20210.0400
 28-Dec-20200.0400
 25-Nov-20200.0300
 28-Oct-20200.0300
 28-Sep-20200.0300
 31-Aug-20200.0300
 28-Jul-20200.0300
 26-Jun-20200.0300
 28-May-20200.0300
 28-Apr-20200.0300
 28-Feb-20200.0293
 28-Jan-20200.0300
 27-Dec-20190.0300
 28-Nov-20190.0300
 30-Oct-20190.0300
IDCW Quarterly28-Dec-20210.0900

 28-Sep-20210.0500
 22-Mar-20210.0900
 26-Jun-20200.0800
 27-Dec-20190.1400
IDCW Yearly22-Mar-20210.3200

 27-Mar-20190.6000
 22-Mar-20180.6145
 29-Mar-20170.2896
 17-Mar-20160.1974

Contact Information

AMC: IDFC Asset Management Company Limited

Address: Unit No. 27, Ground Floor, Khetan Bhavan,198, Jamshedji Tata Road, Churchgate, Mumbai - 400020

Phone: 022-24398777 / 24399999 / 66289999

Fax: 24215052 / 24215051

Email: [email protected]

Website: http://www.idfcmf.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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