FAQ : IDBI Equity Advantage Fund - Regular Plan - Growth

IDBI Equity Advantage Fund - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 16.92 20.84 9.97 12.71
Average Rolling Returns(%) 17.19 11.61 10.22 14.95

The Current NAV of IDBI Equity Advantage Fund - Regular Plan - Growth is ₹43.39.

You should look for a fund with better more consistent performance track record. Funds returns are more likely to be different than its benchmark S&P BSE 200 returns, as Funds portfolio is significantly different.

IDBI Equity Advantage Fund - Regular Plan - Growth fund’s expense ratio is 2.42%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of IDBI Equity Advantage Fund - Regular Plan - Growth 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 - Regular Plan - Growth 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 - Regular Plan - Growth Fund is Equity - ELSS.

Alok Ranjan manages the IDBI Equity Advantage Fund - Regular Plan - Growth Fund.

IDBI Equity Advantage Fund - Regular Plan - Growth current PE ratio is 40.41 and PB ratio is 8.18

The asset allocation of IDBI Equity Advantage Fund - Regular Plan - Growth is Stocks : 96.36%, Debt : 3.65% and Gold : 0%

The minimum SIP amount for IDBI Equity Advantage Fund - Regular Plan - Growth is ₹500.00 and minimum lumpsum is ₹500.00

The exit load for IDBI Equity Advantage Fund - Regular Plan - Growth is Nil

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