32.9
40.46
1
1 Lakh
Investment Grown to₹ 10000
Monthly SIP Grown toSuitability:
"When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. In addition, there is a tax benefit. Under Section 80C of the Indian income tax laws, investments of up to Rs 1.5 lakh in a financial year in eligible securities such as this fund are exempt from tax.
But be prepared for ups and downs in your investment value along the way. Also note that you cannot withdraw your money from this fund before completing three years from the date of investment.
Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.
Warning: Do not invest in this, or any other ELSS, if you need to redeem your investment in less than five years.
Taxability of earnings:
Capital gains
Dividends
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| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| IDBI Equity Advantage Reg-G | -11.44 | -0.38 | 2.69 | -3.44 | -9.96 | -10.55 | -0.32 | 9.77 | 7.27 | 7.81 | -- |
| S&P BSE 500 TRI | -9.56 | -0.34 | 2.87 | -3.09 | -8.51 | -8.74 | 0.86 | 13.24 | 11.62 | 11.61 | -- |
| Equity: ELSS | -11.16 | -0.38 | 2.92 | -2.83 | -8.59 | -10.33 | -0.97 | 11.65 | 9.75 | 10.24 | -- |
| Rank within category | 20 | 20 | 25 | 31 | 30 | 20 | 16 | 22 | 28 | 27 | -- |
| Number of funds in category | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 34 | 32 | 28 | 26 |
As on 29-Jun-2022
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
|---|---|---|---|---|---|---|---|
| IDBI Equity Advantage Fund - Regular Plan | |
Sep-13 | -0.32 | 9.77 | 7.27 | 2.43% | 473 |
| Axis Long Term Equity Fund |  |
Dec-09 | -11.62 | 8.57 | 10.02 | 1.55% | 29,584 |
| Mirae Asset Tax Saver Fund - Regular Plan | Invest Online |  |
Dec-15 | -1.01 | 15.53 | 13.88 | 1.66% | 11,805 |
| DSP Tax Saver Fund | |
Jan-07 | -1.07 | 14.20 | 11.75 | 1.78% | 9,504 |
| Canara Robeco Equity Tax Saver Fund - Regular Plan | Invest Online | |
Mar-93 | -1.34 | 15.01 | 13.77 | 2.04% | 3,602 |
| Best Performance | Worst Performance | |||
|---|---|---|---|---|
| Return (%) | Period | Return (%) | Period | |
| Week | 9.82 | 19-Sep-2019 - 26-Sep-2019 | -15.10 | 16-Mar-2020 - 23-Mar-2020 |
| Month | 13.88 | 23-Mar-2020 - 22-Apr-2020 | -29.03 | 20-Feb-2020 - 23-Mar-2020 |
| Quarter | 26.61 | 17-Oct-2014 - 16-Jan-2015 | -27.61 | 23-Dec-2019 - 23-Mar-2020 |
| Year | 93.66 | 28-Jan-2014 - 28-Jan-2015 | -21.00 | 22-Mar-2019 - 23-Mar-2020 |
| Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
|---|---|---|---|---|---|---|
| IDBI Equity Advantage Reg-G | 12.23 | 18.10 | 0.48 | 0.55 | 0.77 | -1.06 |
| S&P BSE 500 TRI | 16.28 | 22.07 | 0.58 | 0.66 | -- | -- |
| Equity: ELSS | 14.81 | 21.55 | 0.52 | 0.57 | 0.95 | -0.78 |
| Rank within category | 27 | 2 | 20 | 17 | 1 | 15 |
| Number of funds in category | 34 | 34 | 34 | 34 | 34 | 34 |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-May-2022
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| Number of Stocks | 43 |
| Top 10 Stocks (%) | 47.05 |
| Top 5 Stocks (%) | 30.56 |
| Top 3 Sectors (%) | 55.35 |
| Portfolio P/B Ratio | 3.34 |
| Portfolio P/E Ratio | 21.77 |
| Fund | Category | |
|---|---|---|
| Average Mkt Cap (Rs Cr) | 1,55,715 | 1,36,894 |
| Giant (%) | 53.46 | 53.53 |
| Large (%) | 29.80 | 17.41 |
| Mid (%) | 15.51 | 22.72 |
| Small (%) | 1.23 | 6.68 |
| Tiny (%) | -- | 0.21 |
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| Company | Sector | P/E | 3Y High | 3Y Low | % Assets | |
|---|---|---|---|---|---|---|
|
ICICI Bank | Financial | 19.63 | 8.42 | 0.00 | 8.42 |
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HDFC Bank | Financial | 19.70 | 7.50 | 0.00 | 7.26 |
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Infosys | Technology | 27.84 | 7.19 | 0.00 | 6.13 |
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State Bank of India | Financial | 11.77 | 4.59 | 0.00 | 4.41 |
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Reliance Industries | Energy | 29.05 | 5.92 | 0.00 | 4.34 |
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ABB India Ltd. | Capital Goods | 64.87 | 4.82 | 2.29 | 3.68 |
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Cholamandalam Investment & Finance Company | Financial | 23.66 | 6.11 | 2.13 | 3.34 |
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HCL Technologies | Technology | 19.57 | 3.66 | 0.00 | 3.23 |
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Page Industries | Textiles | 84.20 | 5.65 | 2.00 | 3.15 |
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Axis Bank | Financial | 13.85 | 3.17 | 0.00 | 3.09 |
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HDFC | Financial | 17.50 | 4.05 | 0.00 | 2.77 |
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Mphasis | Technology | 30.34 | 3.19 | 0.00 | 2.65 |
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Larsen & Toubro | Construction | 25.28 | 2.59 | 0.00 | 2.48 |
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PI Industries | Chemicals | 46.41 | 2.44 | 0.00 | 2.27 |
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SRF | Diversified | 35.48 | 2.54 | 0.00 | 2.23 |
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Century Plyboards (India) | Materials | 37.13 | 2.49 | 0.00 | 2.16 |
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Bharat Forge | Automobile | 28.11 | 2.01 | 0.00 | 2.01 |
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Nestle India | Consumer Staples | 78.71 | 7.42 | 1.77 | 1.95 |
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Tata Steel | Metals & Mining | 2.65 | 2.41 | 0.00 | 1.94 |
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Eicher Motors | Automobile | 45.91 | 4.26 | 1.41 | 1.94 |
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Ultratech Cement | Materials | 22.09 | 2.18 | 0.00 | 1.91 |
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Kotak Mahindra Bank | Financial | 27.27 | 5.78 | 1.52 | 1.85 |
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Bharti Airtel | Communication | 94.34 | 1.83 | 0.00 | 1.82 |
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Thermax | Capital Goods | 80.34 | 3.42 | 0.00 | 1.58 |
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MindTree | Technology | 29.05 | 2.43 | 0.00 | 1.55 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-May-2022
— 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:
The scheme seeks to invest in 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, subject to a statutory lock-in for three years.
| Min. Investment (₹) | 500 |
| Min. Addl Investment (₹) | 500 |
| Min. SIP Investment (₹) | 500 |
| Min. No of Cheques | 12 |
| Min. Withdrawal (₹) | 500 |
| Min. Balance (₹) | 500 |
| Lock-in Period | 3 Years |
| Exit Load | 0 |
| Fund House: | IDBI Mutual Fund |
| Launch Date: | 10-Sep-2013 |
| Return Since Launch: | 14.91% |
| Benchmark: | NIFTY 500 TRI |
| Riskometer: | Very High |
| Type: | Open-ended |
| Assets: | ₹ 473 Cr (As on 31-May-2022) |
| Expense: | 2.43% (As on 31-May-2022) |
| Risk Grade: | Below Average |
| Return Grade: | Below Average |
| Turnover: | 12.00% |
| Plan | Record Date | Dividend (₹ / Unit) | |||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IDCW | 26-Apr-2021 | 2.0000 | |||||||||||||||||||||||||
| |||||||||||||||||||||||||||
AMC: IDBI Asset Management Ltd.
Address: 4th Floor, IDBI Tower, WTC Complex, Cuffe Parade, Colaba, Mumbai - 400005
Fax: 022-66442801
Website: http://www.idbimutual.co.in
Registrar & Transfer Agent: KFin Technologies 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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Fri, 01-Jul-2022
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