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 16.1% since its launch. Ranked 21 in ELSS category. Return for 2020 was 8.4% , 2019 was 5.7% and 2018 was -1.7% . NAV as on 13 Apr 21 ₹31.04 ↑ 0.39 (1.27 %) Net Assets (AUM) as on 28 Feb 2021 ₹515 Cr. Launch Date 10 Sep 2013 Category Equity - ELSS Rating ☆☆☆ Type Open Ended Fund Risk Moderately High AMC IDBI Asset Management Limited Alpha Ratio -8.42 Expense Ratio 2.37 % Sharpe Ratio 0.564 Information Ratio -0.66 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 13 Apr 21 Duration Returns 1 Month -4.6% 3 Month -1.7% 6 Month 20.3% 1 Year 39.5% 3 Year 4.4% 5 Year 9.3% 10 Year 15 Year Since launch 16.1% Historical Annual Returns
Year Returns 2020 8.4% 2019 5.7% 2018 -1.7% 2017 35.3% 2016 0% 2015 3.1% 2014 71.2% 2013 2012 Growth of 10k Over Years
Date Value 31 Mar 16 ₹10,000 31 Mar 17 ₹11,722 31 Mar 18 ₹13,326 31 Mar 19 ₹13,465 31 Mar 20 ₹11,306 31 Mar 21 ₹16,288 
Asset Allocation
Asset Class Value Cash 0.78% Equity 99.22% 
Sector Allocation
Sector Value Financial Services 36.52% Basic Materials 13.7% Consumer Cyclical 13.48% Technology 12.87% Energy 7.02% Consumer Defensive 6.7% Industrials 5.44% Health Care 2.29% Communication Services 1.19% 
Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 20 | HDFCBANKBanks - Regional 8% ₹39 Cr 251,881 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 20 | ICICIBANKBanks - Regional 6% ₹30 Cr 503,143
↑ 100,000 Infosys Ltd (Technology)
Equity, Since 31 Oct 20 | INFYInformation Technology Services 5% ₹26 Cr 211,297 Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 30 Sep 20 | RELIANCEOil & Gas Refining & Marketing 5% ₹26 Cr 124,485 Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Sep 20 | 500034Credit Services 4% ₹23 Cr 43,519 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Sep 20 | HDFCMortgage Finance 4% ₹21 Cr 82,026 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Sep 13 | KOTAKBANKBanks - Regional 4% ₹18 Cr 102,904 ABB India Ltd (Industrials)
Equity, Since 30 Apr 15 | 500002Specialty Industrial Machinery 3% ₹17 Cr 110,793 Sundaram Finance Ltd (Financial Services)
Equity, Since 30 Sep 13 | SUNDARMFINCredit Services 3% ₹15 Cr 54,984 HCL Technologies Ltd Shs Dematerialised (Technology)
Equity, Since 31 May 20 | HCLTECHInformation Technology Services 3% ₹14 Cr 158,917
Talk to our investment specialistFund Managers
Name Since Tenure Uma Venkatraman 1 Jul 18 2.75 Yr. Custodians
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KFin Technologies Private Limited Address "KARVY HOUSE",46, Avenue 4, Street No.1,,Banjara Hills, 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 ₹31.04
↑ 0.39 20.31 % 39.51 % 4.4 % 9.33 % IDBI Equity Advantage Fund
Normal Dividend, Payout ₹20.62
↑ 0.26 20.3 % 39.51 % 4.18 % 9.2 % Data as on 13 Apr 21
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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