Table of Contents 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. IDBI Equity Advantage Fund is a Equity - ELSS fund launched on 10 Sep 13. It is a fund with Moderately High risk and has given a Below is the key information for IDBI Equity Advantage Fund Returns up to 1 year are on Historical performance (Yearly) on absolute basis IDBI Equity Advantage Fund - G
Scheme Objective
CAGR return of 16% since its launch. Ranked 21 in ELSS category. . NAV as on 28 Jul 23 ₹43.39 ↑ 0.04 (0.09 %) Net Assets (AUM) as on 30 Jun 2023 ₹485 Cr. Launch Date 10 Sep 2013 Category Equity - ELSS Rating ☆☆☆ Type Open Ended Fund Risk Moderately High AMC IDBI Asset Management Limited Alpha Ratio 1.78 Expense Ratio 2.39 % Sharpe Ratio 1.213 Information Ratio -1.13 Benchmark Not Available Min Investment ₹500 Min SIP Investment ₹500 Exit Load NIL NAV Price Chart
Returns
Annual Compounded Returns
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 28 Jul 23 Duration Returns 1 Month 3.1% 3 Month 9.7% 6 Month 15.1% 1 Year 16.9% 3 Year 20.8% 5 Year 10% 10 Year 15 Year Since launch 16% Historical Annual Returns
Year Returns 2023 2022 2021 2020 2019 2018 2017 2016 2015 Growth of 10k Over Years
Date Value 31 Mar 20 ₹10,000 31 Mar 21 ₹14,407 31 Mar 22 ₹17,362 31 Mar 23 ₹17,326 Asset Allocation
Asset Class Value Sector Allocation
Sector Value Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity
Talk to our investment specialistFund Managers
Name Since Tenure All Plan & Options
Fund and Plan NAV 6 Month 1 Year 3 Year 5 Year IDBI Equity Advantage Fund
Growth ₹43.39
↑ 0.04 15.09 % 16.92 % 20.84 % 9.97 % IDBI Equity Advantage Fund
Normal Dividend, Payout ₹26.08
↑ 0.03 15.14 % 16.95 % 20.54 % 9.66 % Data as on 28 Jul 23
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.
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