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Fincash » Mutual Funds » IDBI Equity Savings Fund

IDBI Equity Savings Fund - G

NAV  ₹25.4007 ↑ 0.08  (0.30 %) as on 14 Jun 24

(Erstwhile IDBI Monthly Income Plan)

Scheme Objective

The investment objective of the Scheme is to generate regular income by investing in Debt and money market instruments and using arbitrage and other derivative strategies. The Scheme also intends to generate long capital appreciation through unhedged exposure to equity and equity related instruments. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.

IDBI Equity Savings Fund is a Hybrid - Equity Savings fund launched on 7 Mar 11. It is a fund with Moderate risk and has given a CAGR return of 7.3% since its launch.  Ranked 54 in Equity Savings category.  Return for 2023 was 11.9% , 2022 was 2.9% and 2021 was 10.1% .

Below is the key information for IDBI Equity Savings Fund

NAV as on 14 Jun 24₹25.4007 ↑ 0.08  (0.30 %)
Net Assets (AUM) as on 30 Apr 2024 ₹16 Cr.
Launch Date7 Mar 2011
CategoryHybrid - Equity Savings
Rating
TypeOpen Ended Fund
RiskModerate
AMCIDBI Asset Management Limited
Alpha Ratio0.0
Expense Ratio1.18 %
Sharpe Ratio1.837
Information Ratio0.0
BenchmarkNot Available
Min Investment ₹5,000
Min SIP Investment ₹500
Exit Load 0-1 Years (1%),1 Years and above(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 14 Jun 24

DurationReturns
1 Month 3.1%
3 Month 4.8%
6 Month 6.9%
1 Year 16.1%
3 Year 8.3%
5 Year 9%
10 Year
15 Year
Since launch 7.3%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 11.9%
2022 2.9%
2021 10.1%
2020 9.7%
2019 7.2%
2018 1.9%
2017 3.8%
2016 6%
2015 4.8%

Growth of 10k Over Years

DateValue
31 May 19₹10,000
31 May 20₹9,835
31 May 21₹12,067
31 May 22₹12,438
31 May 23₹13,152
31 May 24₹15,073
IDBI Equity Savings Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash61.91%
Equity37.85%
Debt0.22%
Other0.02%
IDBI Equity Savings Fund Asset Allocation

Sector Allocation

SectorValue
Cash Equivalent59.63%
Corporate2.18%
Government0.32%
RatingValue
AAA100%
IDBI Equity Savings Fund Debt Allocation
SectorValue
Financial Services17.38%
Basic Materials16.29%
Technology11.36%
Industrials9.22%
Consumer Defensive7.75%
Consumer Cyclical3.56%
Health Care2.92%
Energy2.02%
Utility1.36%
Real Estate0.45%
IDBI Equity Savings Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
LIC MF Liquid Dir Gr
Investment Fund | -
10%₹2 Cr3,654
↑ 795
Future on Tata Steel Ltd.
Derivatives | -
5%-₹1 Cr49,500
Tata Steel Ltd (Basic Materials)
Equity, Since 31 May 21 | TATASTEEL
Steel5%₹1 Cr49,500
Future on Tata Consultancy Services Ltd
Derivatives | -
5%-₹1 Cr2,100
Tata Consultancy Services Ltd (Technology)
Equity, Since 28 Feb 21 | TCS
Information Technology Services5%₹1 Cr2,100
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | ICICIBANK
Banks - Regional4%₹1 Cr5,253
Future on Hindustan Unilever Ltd
Derivatives | -
3%-₹1 Cr2,400
↑ 2,400
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Apr 24 | HINDUNILVR
Household & Personal Products3%₹1 Cr2,400
↑ 2,400
Future on Infosys Ltd
Derivatives | -
3%-₹1 Cr3,600
Infosys Ltd (Technology)
Equity, Since 31 Dec 23 | INFY
Information Technology Services3%₹1 Cr3,600
1 - 10 of 69
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Fund Managers

NameSinceTenure
Sumit Bhatnagar3 Oct 230.58 Yr.
Pratik Shroff26 Sep 230.6 Yr.

Custodians

CompanyAddress
Standard Chartered Bank - IndiaStandard Chartered Bank - India

Registrar & Transfer Agent

KFin Technologies Ltd
AddressKFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
LIC Mutual Fund4th Floor, Industrial Assurance Bldg.,Opp.Churchgate Station,Churchgate

Auditors

CompanyAddress
S. R. BATLIBOI & CoExpress Tower, 6th Floor,Nariman Point,Mumbai

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
IDBI Equity Savings Fund
Growth
₹25.4007
↑ 0.08
6.92 %16.14 %8.34 %9 %
IDBI Equity Savings Fund
Quarterly Dividend, Payout
₹18.9208
↑ 0.06
6.92 %16.14 %8.34 %8.91 %
IDBI Equity Savings Fund
Quarterly Dividend, Reinvestment
₹18.9208
↑ 0.06
6.92 %16.14 %8.34 %8.91 %
IDBI Equity Savings Fund
Monthly Dividend, Payout
₹20.0125
↑ 0.06
6.92 %16.14 %8.34 %8.92 %
IDBI Equity Savings Fund
Monthly Dividend, Reinvestment
₹20.0125
↑ 0.06
6.92 %16.14 %8.34 %8.92 %
Data as on 14 Jun 24

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