Mutual Fund Research

IDBI Equity Advantage Fund-Reg(G)

As on Jul-28-2023 change fund
43.39  up0.04 (0.09%)

fund 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 fir 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.

riskometer

Investors understand that their principal will be at very high risk

5-Years History
financial year2019-20202020-20212021-20222022-20232023-2024
NAV in Rs (as on 28-Jul-2023)21.9931.6838.1838.1043.39
Net Assets(Rs Crores) (as on 28-Jul-2023) 432.14 506.42 511.26 454.45 484.91
Scheme Returns(%)(Absolute)-16.5148.5918.90-1.0913.62
B'mark Returns(%)(Absolute)NANANANANA
Category Rank13/7066/6748/6632/6161/63
Quarterly performance - Last 5 years (Absolute Ret. in %)
financial year Q1 Q2 Q3 Q4
2023-202411.472.17NANA
2022-2023-11.2412.133.21-2.86
2021-20227.9511.640.55-0.55
2020-202111.053.6420.783.63
2019-2020-1.916.383.22-22.05
Top 10 holdings
company (%)
HDFC Bank Ltd.8.68 
ICICI Bank Ltd.8.24 
ABB India Ltd.6.55 
State Bank Of India5.27 
Cholamandalam Investment and F...4.53 
Infosys Ltd.4.40 
Axis Bank Ltd.4.34 
Reliance Industries Ltd.4.10 
Larsen & Toubro Ltd.3.63 
PI Industries Ltd.3.15 

Category

Equity Linked Savings Scheme

Launch Date

NA

Scheme Benchmark

BSE SENSEX - TRI

AUM ( in Cr.)

484.91

portfolio price to book value

8.18

investing style?

Large Growth

fund manager?

Alok Ranjan

inception date (regular plan)

NA

expense ratio (regular plan) %

NA

Top 10 sectors
sectors (%)
Bank - Private24.02
IT - Software11.02
Electric Equipment6.55
Bank - Public5.27
Refineries4.85
Finance - NBFC4.53
Cement & Construction Materials4.32
Engineering - Construction4.03
Pesticides & Agrochemicals3.15
Consumer Food2.47

Growth Chart of the Scheme vis a vis benchmark (SIP value 10,000)

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performance comparision with similar schemes and benchmark
scheme name investment style inception date AUM in Cr. 1Y(%) 3Y(%) 5Y(%) 10Y(%) since inception
No Data Found
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