fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
LOG IN
SIGN UP

Fincash » Mutual Funds » IDBI Equity Advantage Fund

IDBI Equity Advantage Fund - G

NAV  ₹24.4 ↓ -0.01  (-0.04 %) as on 3 Aug 20

Scheme Objective

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 CAGR return of since its launch.  Ranked 21 in ELSS category.  Return for 2019 was 5.7% , 2018 was -1.7% and 2017 was 35.3% .

Below is the key information for IDBI Equity Advantage Fund

NAV as on 3 Aug 20₹24.4 ↓ -0.01  (-0.04 %)
Net Assets (AUM) as on 30 Jun 2020 ₹475 Cr.
Launch Date10 Sep 2013
CategoryEquity - ELSS
Rating
TypeOpen Ended Fund
RiskModerately High
AMCIDBI Asset Management Limited
Alpha Ratio2.13
Expense Ratio2.53 %
Sharpe Ratio-0.174
Information Ratio-0.29
BenchmarkNot Available
Min Investment ₹500
Min SIP Investment ₹500
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 3 Aug 20

DurationReturns
1 Month -0.7%
3 Month 3.2%
6 Month -14.7%
1 Year -0.7%
3 Year -0.4%
5 Year 2.7%
10 Year
15 Year
Since launch

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2019 5.7%
2018 -1.7%
2017 35.3%
2016 0%
2015 3.1%
2014 71.2%
2013
2012
2011

Growth of 10k Over Years

DateValue
31 Jul 15₹10,000
31 Jul 16₹10,174
31 Jul 17₹11,605
31 Jul 18₹12,590
31 Jul 19₹11,520
31 Jul 20₹11,455
IDBI Equity Advantage Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash2.22%
Equity97.78%
IDBI Equity Advantage Fund Asset Allocation

Sector Allocation

SectorValue
Consumer Cyclical30.03%
Consumer Defensive23.11%
Financial Services15.9%
Basic Materials14.3%
Health Care6.58%
Industrials6.36%
Technology1.49%
IDBI Equity Advantage Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
Pidilite Industries Ltd (Basic Materials)
Equity, Since 30 Sep 13 | PIDILITIND
Specialty Chemicals7%₹33 Cr239,652
↓ -2,583
Nestle India Ltd (Consumer Defensive)
Equity, Since 30 Sep 13 | NESTLEIND
Packaged Foods7%₹32 Cr18,866
↓ -201
MRF Ltd (Consumer Cyclical)
Equity, Since 30 Sep 13 | 500290
Auto Parts6%₹29 Cr4,281
↓ -46
Sanofi India Ltd (Healthcare)
Equity, Since 31 Jan 19 | 500674
Drug Manufacturers - General6%₹27 Cr34,622
↓ -378
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Apr 20 | 500696
Household & Personal Products6%₹27 Cr122,394
↓ -1,337
Asian Paints Ltd (Basic Materials)
Equity, Since 30 Sep 13 | 500820
Specialty Chemicals6%₹27 Cr157,773
↓ -1,634
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Sep 13 | KOTAKBANK
Banks - Regional5%₹26 Cr189,056
↓ -2,085
TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 31 Jan 14 | 532343
Auto Manufacturers5%₹25 Cr664,754
↓ -7,205
Bata India Ltd (Consumer Cyclical)
Equity, Since 30 Sep 13 | 500043
Footwear & Accessories5%₹25 Cr188,438
↓ -2,051
WABCO India Ltd (Consumer Cyclical)
Equity, Since 30 Sep 13 | WABCOINDIA
Auto Parts5%₹24 Cr35,073
↓ -378
1 - 10 of 30
Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

Fund Managers

NameSinceTenure
Uma Venkatraman1 Jul 182 Yr.

Custodians

CompanyAddress
Stock Holding Corporation of IndiaMittal Court, ‘B’ Wing,,Nariman Point

Registrar & Transfer Agent

KFin Technologies Private Limited
Address"KARVY HOUSE",46, Avenue 4, Street No.1,,Banjara Hills,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
IDBI Mutual Fund4th Floor, IDBI Tower, WTC Complex, Cuffe Parade, Colaba Mumbai 400005

Auditors

CompanyAddress
M/s. Ray and RayM/s. Ray and Ray

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
IDBI Equity Advantage Fund
Growth
₹24.4
↓ -0.01
-14.66 %-0.65 %-0.37 %2.72 %
IDBI Equity Advantage Fund
Normal Dividend, Payout
₹16.21
-14.64 %-0.67 %-0.57 %2.59 %
Data as on 3 Aug 20

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.