IDBI Equity Advantage Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 19.68 | 22.46 | 11.36 | 14.02 |
Average Rolling Returns(%) | 18.70 | 13.09 | 11.72 | 16.35 |
The Current NAV of IDBI Equity Advantage Fund - Growth - Direct Plan is ₹48.77.
You should look for a fund with better more consistent performance track record. Funds returns likely to be fairly different than its benchmark S&P BSE 200 , as Funds portfolio is somewhat different.
IDBI Equity Advantage Fund - Growth - Direct Plan fund’s expense ratio is 1.21%
The process for redemption is
The AUM of IDBI Equity Advantage Fund - Growth - Direct Plan is currently ₹485 Crores.
The Top three stocks are HDFC Bank, ICICI Bank and ABB India and account for 23% of its portfolio. Top 5 and 10 stocks of fund account for 33% and 53% of fund’s portfolio respectively.
Top three sectors of IDBI Equity Advantage Fund - Growth - Direct Plan fund are BFSI, IT and Construction & Infrastructure accounting for 56% of the total portfolio.
Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Equity - ELSS it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of IDBI Equity Advantage Fund - Growth - Direct Plan Fund is Equity - ELSS.
Alok Ranjan manages the IDBI Equity Advantage Fund - Growth - Direct Plan Fund.
IDBI Equity Advantage Fund - Growth - Direct Plan current PE ratio is 40.41 and PB ratio is 8.18
The asset allocation of IDBI Equity Advantage Fund - Growth - Direct Plan is Stocks : 96.36%, Debt : 3.65% and Gold : 0%
The minimum SIP amount for IDBI Equity Advantage Fund - Growth - Direct Plan is ₹500.00 and minimum lumpsum is ₹500.00
The exit load for IDBI Equity Advantage Fund - Growth - Direct Plan is Nil