+91 73377 40002

(Mon - Sat)

Asset Size:465Cr
Expense Ratio:2.39%
Fund Manager(s):Ayushi Sethia,
5year Returns:3.93%

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IDBI Equity Advantage Fund Regular Growth

IDBI       

Tax Savings
ELSS (Tax Savings)

Nav : 23.9 ( 0.97%) June 5th, 2020

People currently viewing this : 1

Rank (of 245)

13

Annualized Returns(5 yrs)

3.93%

Investment Horizon

>3 Yr

Doubled Money

18yrs 0m

Returns since September 10th, 2013

NA

Min Investment ₹500

Amount Invested

57.2L

Projected Wealth Gained

15.6L

Projected Maturity Amount

72.8L

IDBI     

Tax Savings
ELSS (Tax Savings)

Nav : 23.9 ( 0.97%) June 5th, 2020

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.

Min Investment ₹500

Amount Invested

57.2L

Projected Wealth Gained

15.6L

Projected Maturity Amount

72.8L

Rank (of 245)

13

Annualized Returns(5 yrs)

3.93%

Investment Horizon

>3 Yr

Doubled Money

18yrs 0m

Returns since September 10th, 2013

NA

FUND PAST 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
2.39%
Fund Category Risk
High
Std Dev (1Yr)
24.781
Std Dev (3Yr)
17.822
Std Dev (5Yr)
16.234
Asset Size
465Cr
Investment Details
Investment Plan
Growth
Exit Load
No Exit Load
Contact Details
Fund Manager(s)
Phone No.
+91 22 66442800