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IDBI Equity Advantage Fund Regular Growth

Tax Savings | ELSS (Tax Savings)

Nav : 25.6 ( -0.43%) January 18th, 2019

People currently viewing this : 1

Rank (of 245)

1

Annualized Returns

18.11%

Investment Horizon

>3 Yr

Doubled Money

4yrs 2m

Returns since September 10th, 2013

NA

One Time

Monthly

Min Investment ₹500


Tax Savings | ELSS (Tax Savings)

Nav : 25.6 ( -0.43%) January 18th, 2019

People currently viewing this : 1

Upwardly's Take :

Over the years, ELSS funds have given the best returns out of all the tax saving instruments under 80 C like PF, FDs, ULIPs, Post office deposits, KVP etc. This fund has a lock-in for 3 years.

Ideal for medium-term to long term goals. Invest in this fund to maximize your returns for a foreseeable future.

One Time

Monthly

Min Investment ₹500


Rank (of 245)

1

Annualized Returns

18.11%

Investment Horizon

>3 Yr

Doubled Money

4yrs 2m

Returns since September 10th, 2013

NA

FUND PERFORMANCE

Fund's historical return with Fixed Deposit



Invested for

3m
6m
1y
3y
5y

3 and 6 Months returns are absolute

Assuming 30% tax bracket

FUND MULTIPLIER

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Take To Multiply

2x
4x
5x

TOP 5 HOLDING INVESTED IN

TOP 5 SECTORS INVESTED IN

FUND DETAIL INFORMATION

The Scheme will seek to invest predominantly in a diversified portfolio of 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. Investments in this scheme would be subject to a statutory lock-in of 3 years from the date of allotment to be eligible for income-tax benefits under Section 80C. There can be no assurance that the investment objective under the scheme will be realized.

Basic Details
Fund House
IDBI
Launch Date
September 10th, 2013
Expense Ratio
2.86%
Fund Category Risk
High
Std Dev (1Yr)
16.257
Std Dev (3Yr)
14.208
Std Dev (5Yr)
15.086
Asset Size
634Cr
Investment Details
Investment Plan
Growth
Exit Load
No Exit Load
Contact Details
Fund Manager(s)
Phone No.
+91 22 66442800