fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
LOG IN
SIGN UP

Fincash » Mutual Funds » IDBI Equity Advantage Fund

IDBI Equity Advantage Fund - G

NAV  ₹25.06 ↓ 0.05   (0.20 %) as on 16 Aug 19

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 2018 was -1.7% , 2017 was 35.3% and 2016 was 0% .

Below is the key information for IDBI Equity Advantage Fund

NAV as on 16 Aug 19₹25.06 ↓ 0.05   (0.20 %)
Net Assets (AUM) as on 30 Jun 2019 ₹570 Cr.
Launch Date10 Sep 2013
CategoryEquity - ELSS
Rating
TypeOpen Ended Fund
RiskModerately High
AMCIDBI Asset Management Limited
Alpha Ratio-10.57
Expense Ratio2.86 %
Sharpe Ratio-0.372
Information Ratio-0.74
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 16 Aug 19

DurationReturns
1 Month -1.1%
3 Month 0.8%
6 Month 2.2%
1 Year -7.9%
3 Year 5.2%
5 Year 10.8%
10 Year
15 Year
Since launch

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2018 -1.7%
2017 35.3%
2016 0%
2015 3.1%
2014 71.2%
2013
2012
2011
2010

Growth of 10k Over Years

DateValue
31 Jul 14₹10,000
31 Jul 15₹14,418
31 Jul 16₹14,668
31 Jul 17₹16,732
31 Jul 18₹18,153
31 Jul 19₹16,610
IDBI Equity Advantage Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash2.85%
Equity97.14%
Debt0.01%
IDBI Equity Advantage Fund Asset Allocation

Sector Allocation

SectorValue
Consumer Cyclical30.52%
Financial Services19.53%
Consumer Defensive19.01%
Industrials12.05%
Basic Materials11.51%
Health Care3.47%
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 Chemicals6%₹33 Cr262,235
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Sep 13 | KOTAKBANK
Banks - Regional - Asia5%₹29 Cr191,141
VST Industries Ltd (Consumer Defensive)
Equity, Since 30 Sep 13 | 509966
Tobacco5%₹29 Cr86,262
Asian Paints Ltd (Basic Materials)
Equity, Since 30 Sep 13 | 500820
Specialty Chemicals5%₹29 Cr189,407
Page Industries Ltd (Consumer Cyclical)
Equity, Since 30 Sep 13 | 532827
Apparel Manufacturing5%₹28 Cr15,670
Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 30 Nov 13 | CHOLAFIN
Credit Services5%₹28 Cr1,067,825
Nestle India Ltd (Consumer Defensive)
Equity, Since 30 Sep 13 | NESTLEIND
Packaged Foods5%₹27 Cr23,295
MRF Ltd (Consumer Cyclical)
Equity, Since 30 Sep 13 | 500290
Rubber & Plastics5%₹26 Cr4,827
Bata India Ltd (Consumer Cyclical)
Equity, Since 30 Sep 13 | 500043
Footwear & Accessories5%₹25 Cr190,489
TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 31 Jan 14 | 532343
Auto Manufacturers5%₹25 Cr671,959
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 180.59 Yr.
Ayushi Sethia9 Oct 180.31 Yr.

Custodians

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

Registrar & Transfer Agent

Karvy Fintech Pvt Ltd.
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
₹25.06
↑ 0.05
2.2 %-7.87 %5.19 %10.77 %
IDBI Equity Advantage Fund
Normal Dividend, Payout
₹16.65
↑ 0.04
1.59 %-8.41 %4.98 %10.63 %
Data as on 16 Aug 19

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