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 15.7% since its launch. Ranked 21 in ELSS category. Return for 2022 was 2.2% , 2021 was 25.6% and 2020 was 8.4% . NAV as on 8 Jun 23 ₹41.47 ↓ -0.26 (-0.62 %) Net Assets (AUM) as on 30 Apr 2023 ₹467 Cr. Launch Date 10 Sep 2013 Category Equity - ELSS Rating ☆☆☆ Type Open Ended Fund Risk Moderately High AMC IDBI Asset Management Limited Alpha Ratio 1.7 Expense Ratio 2.39 % Sharpe Ratio 0.063 Information Ratio -1.23 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 8 Jun 23 Duration Returns 1 Month 2.6% 3 Month 6.4% 6 Month 2% 1 Year 18.6% 3 Year 20.2% 5 Year 8.6% 10 Year 15 Year Since launch 15.7% Historical Annual Returns
Year Returns 2022 2.2% 2021 25.6% 2020 8.4% 2019 5.7% 2018 -1.7% 2017 35.3% 2016 0% 2015 3.1% 2014 71.2% Growth of 10k Over Years
Date Value 31 May 18 ₹10,000 31 May 19 ₹9,486 31 May 20 ₹8,339 31 May 21 ₹12,127 31 May 22 ₹13,007 31 May 23 ₹14,920 
Asset Allocation
Asset Class Value Cash 1.37% Equity 98.63% 
Sector Allocation
Sector Value Financial Services 36.68% Basic Materials 17.24% Industrials 16.17% Technology 10.49% Consumer Cyclical 7.66% Energy 4.81% Consumer Defensive 2.43% Health Care 1.72% Communication Services 1.08% Real Estate 0.34% 
Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 20 | HDFCBANKBanks - Regional 9% ₹42 Cr 247,297 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 20 | ICICIBANKBanks - Regional 8% ₹39 Cr 427,623 State Bank of India (Financial Services)
Equity, Since 28 Feb 21 | SBINBanks - Regional 6% ₹26 Cr 446,147 ABB India Ltd (Industrials)
Equity, Since 30 Apr 15 | ABBSpecialty Industrial Machinery 5% ₹25 Cr 71,781 Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 30 Nov 13 | CHOLAFINCredit Services 4% ₹20 Cr 232,325 Infosys Ltd (Technology)
Equity, Since 31 Oct 20 | INFYInformation Technology Services 4% ₹20 Cr 159,800 Reliance Industries Ltd (Energy)
Equity, Since 30 Sep 20 | RELIANCEOil & Gas Refining & Marketing 4% ₹19 Cr 77,980 Axis Bank Ltd (Financial Services)
Equity, Since 28 Feb 21 | AXISBANKBanks - Regional 4% ₹18 Cr 213,065 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Dec 20 | LTEngineering & Construction 4% ₹17 Cr 71,038 PI Industries Ltd (Basic Materials)
Equity, Since 30 Sep 20 | PIINDAgricultural Inputs 3% ₹13 Cr 38,984
Talk to our investment specialistFund Managers
Name Since Tenure Alok Ranjan 16 Aug 21 1.71 Yr. Custodians
Company Address Stock Holding Corporation of India Mittal Court, ‘B’ Wing,,Nariman Point Registrar & Transfer Agent
KFin Technologies Ltd Address KFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar, FAX 91-40-23311968 Email mailmanager@karvy.com Administrator Companies
Company Address IDBI Mutual Fund 4th Floor, IDBI Tower, WTC Complex, Cuffe Parade, Colaba Mumbai 400005 Auditors
Company Address M/s. Ray and Ray M/s. Ray and Ray All Plan & Options
Fund and Plan NAV 6 Month 1 Year 3 Year 5 Year IDBI Equity Advantage Fund
Growth ₹41.47
↓ -0.26 2.04 % 18.62 % 20.25 % 8.63 % IDBI Equity Advantage Fund
Normal Dividend, Payout ₹24.92
↓ -0.15 2.05 % 18.61 % 19.94 % 8.32 % Data as on 8 Jun 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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