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 14.9% since its launch. Ranked 21 in ELSS
category. Return for 2021 was 25.6% , 2020 was 8.4% and 2019 was 5.7% . NAV as on 24 Jun 22 ₹33.79 ↑ 0.29 (0.87 %) Net Assets (AUM) as on 31 May 2022 ₹473 Cr. Launch Date 10 Sep 2013 Category Equity - ELSS Rating ☆☆☆ Type Open Ended Fund Risk Moderately High AMC IDBI Asset Management Limited Alpha Ratio -0.74 Expense Ratio 2.4 % Sharpe Ratio 0.337 Information Ratio -0.39 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 24 Jun 22 Duration Returns 1 Month -2.8% 3 Month -10.2% 6 Month -9.9% 1 Year -0.5% 3 Year 9.8% 5 Year 7% 10 Year 15 Year Since launch 14.9% Historical Annual Returns
Year Returns 2021 25.6% 2020 8.4% 2019 5.7% 2018 -1.7% 2017 35.3% 2016 0% 2015 3.1% 2014 71.2% 2013 Growth of 10k Over Years
Date Value 31 May 17 ₹10,000 31 May 18 ₹11,653 31 May 19 ₹11,054 31 May 20 ₹9,718 31 May 21 ₹14,132 31 May 22 ₹15,156 Asset Allocation
Asset Class Value Cash 0.08% Equity 99.92% Sector Allocation
Sector Value Financial Services 32.73% Basic Materials 15.68% Technology 14.42% Industrials 13.4% Consumer Cyclical 11.17% Energy 5.93% Consumer Defensive 2.71% Health Care 2.06% Communication Services 1.83% Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 20 | ICICIBANKBanks - Regional 8% ₹39 Cr 528,773 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 20 | HDFCBANKBanks - Regional 7% ₹34 Cr 247,297 Infosys Ltd (Technology)
Equity, Since 31 Oct 20 | INFYInformation Technology Services 6% ₹30 Cr 192,810 State Bank of India (Financial Services)
Equity, Since 28 Feb 21 | SBINBanks - Regional 4% ₹22 Cr 446,147 Reliance Industries Ltd (Energy)
Equity, Since 30 Sep 20 | RELIANCEOil & Gas Refining & Marketing 4% ₹22 Cr 77,980 Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 30 Nov 13 | CHOLAFINCredit Services 3% ₹17 Cr 232,325 HCL Technologies Ltd (Technology)
Equity, Since 31 May 20 | HCLTECHInformation Technology Services 3% ₹16 Cr 146,618 Axis Bank Ltd (Financial Services)
Equity, Since 28 Feb 21 | AXISBANKBanks - Regional 3% ₹16 Cr 213,065 ABB India Ltd (Industrials)
Equity, Since 30 Apr 15 | ABBSpecialty Industrial Machinery 3% ₹15 Cr 71,781 Page Industries Ltd (Consumer Cyclical)
Equity, Since 30 Sep 13 | PAGEINDApparel Manufacturing 3% ₹15 Cr 3,300
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Talk to our investment specialistFund Managers
Name Since Tenure Alok Ranjan 16 Aug 21 0.79 Yr. Custodians
Company Address Stock Holding Corporation of India Mittal Court, ‘B’ Wing,,Nariman Point Registrar & Transfer Agent
KFin Technologies Limited 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 ₹33.79
↑ 0.29 -9.89 % -0.5 % 9.79 % 6.97 % IDBI Equity Advantage Fund
Normal Dividend, Payout ₹20.3
↑ 0.17 -9.94 % -0.54 % 9.49 % 6.67 % Data as on 24 Jun 22