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 2024 2023 2022 2021 2020 2019 2018 2017 2016 Growth of 10k Over Years
Date Value 30 Jun 20 ₹10,000 30 Jun 21 ₹14,005 30 Jun 22 ₹13,878 30 Jun 23 ₹17,391 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.
AMFI Registration No. 112358 | CIN: U74999MH2016PTC282153
Shepard Technologies Pvt. Ltd. (with ARN code 112358) makes no warranties or representations, express or implied, on products offered through the platform. It accepts no liability for any damages or losses, however caused, in connection with the use of, or on the reliance of its product or related services. Terms and conditions of the website are applicable.
©2025 Shepard Technologies Private Limited. All Rights Reserved