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Fincash » Mutual Funds » IDBI Equity Savings Fund

IDBI Equity Savings Fund - G

NAV  ₹22.5459 ↑ 0.04  (0.17 %) as on 22 Aug 23

(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 6.7% since its launch.  Ranked 54 in Equity Savings category.  Return for 2022 was 2.9% , 2021 was 10.1% and 2020 was 9.7% .

Below is the key information for IDBI Equity Savings Fund

NAV as on 22 Aug 23₹22.5459 ↑ 0.04  (0.17 %)
Net Assets (AUM) as on 31 Jul 2023 ₹10 Cr.
Launch Date7 Mar 2011
CategoryHybrid - Equity Savings
Rating
TypeOpen Ended Fund
RiskModerate
AMCIDBI Asset Management Limited
Alpha Ratio0.0
Expense Ratio1.18 %
Sharpe Ratio0.275
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 22 Aug 23

DurationReturns
1 Month 0.7%
3 Month 4.6%
6 Month 6.2%
1 Year 6.9%
3 Year 8.9%
5 Year 6.6%
10 Year
15 Year
Since launch 6.7%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2022 2.9%
2021 10.1%
2020 9.7%
2019 7.2%
2018 1.9%
2017 3.8%
2016 6%
2015 4.8%
2014 14.5%

Growth of 10k Over Years

DateValue
30 Sep 18₹10,000
30 Sep 19₹10,494
30 Sep 20₹10,771
30 Sep 21₹12,968
30 Sep 22₹13,098
30 Sep 23₹14,333
IDBI Equity Savings Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash19.49%
Equity69.6%
Debt10.91%
IDBI Equity Savings Fund Asset Allocation

Sector Allocation

SectorValue
Cash Equivalent17.77%
Government11.76%
Corporate0.87%
RatingValue
AAA100%
IDBI Equity Savings Fund Debt Allocation
SectorValue
Financial Services26.27%
Technology14.29%
Basic Materials9.55%
Industrials4.3%
Energy4.28%
Consumer Cyclical3.3%
Health Care3.14%
Consumer Defensive3.07%
Utility1.39%
IDBI Equity Savings Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
7.06% Govt Stock 2028
Sovereign Bonds | -
10%₹1 Cr100,000
LIC MF Liquid Dir Gr
Investment Fund | -
8%₹1 Cr1,911
↑ 1,911
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | ICICIBANK
Banks - Regional8%₹1 Cr7,908
Tata Steel Ltd (Basic Materials)
Equity, Since 31 May 21 | TATASTEEL
Steel7%₹1 Cr55,000
Tata Consultancy Services Ltd Shs Dematerialised (Technology)
Equity, Since 28 Feb 21 | TCS
Information Technology Services5%₹0 Cr1,400
↓ -100
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 20 | HDFCBANK
Banks - Regional4%₹0 Cr2,844
Siemens Ltd (Industrials)
Equity, Since 30 Jun 22 | 500550
Specialty Industrial Machinery4%₹0 Cr1,100
↓ -550
State Bank of India (Financial Services)
Equity, Since 31 Jul 19 | SBIN
Banks - Regional3%₹0 Cr6,008
Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 18 | RELIANCE
Oil & Gas Refining & Marketing3%₹0 Cr1,275
DCB Bank Ltd (Financial Services)
Equity, Since 31 Aug 23 | DCBBANK
Banks - Regional3%₹0 Cr25,963
↑ 25,963
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Fund Managers

NameSinceTenure
Marzban Irani31 Jul 230.09 Yr.
Jaiprakash Toshniwal31 Jul 230.09 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
₹22.5459
↑ 0.04
6.15 %6.91 %8.92 %6.6 %
IDBI Equity Savings Fund
Quarterly Dividend, Payout
₹16.7944
↑ 0.03
6.15 %6.91 %8.78 %6.51 %
IDBI Equity Savings Fund
Quarterly Dividend, Reinvestment
₹16.7944
↑ 0.03
6.15 %6.91 %8.78 %6.51 %
IDBI Equity Savings Fund
Monthly Dividend, Payout
₹17.7633
↑ 0.03
6.15 %6.91 %8.8 %6.51 %
IDBI Equity Savings Fund
Monthly Dividend, Reinvestment
₹17.7633
↑ 0.03
6.15 %6.91 %8.8 %6.51 %
Data as on 22 Aug 23

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