IDBI Equity Savings Fund

Plan : Regular | Direct Add to Portfolio Compare
Assets
₹11 Cr
Expense
2.13 %
Turnover
430%
Category
Hybrid - Equity...
Benchmark
I-BEX (I-Sec So...
Underlying Asset Quality
Investment StyleLarge, Green
Different Than Benchmark
100%
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Fund Overview

IDBI Equity Savings Fund - Growth

Launch Date 07 Mar 2011
Benchmark I-BEX (I-Sec Sovereign Bond Index)
Riskometer Moderately High
Turnover 430%
Type Open ended scheme
Return Since Launch 6.79%
Min. Investment ₹5000.00
Min. Additional investment ₹1000.00
Min. SIP ₹500.00
Min. Cheques 12
Min. Withdrawal ₹1000.00
Min. Balance ₹500.00
Exit Load 1.00%
Remark 1% on or before 12M, Nil after 12M

Investment 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 relatedinstruments. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.

Managers

Fund Manager Raju Sharma
Sub Managers Alok Ranjan
Puchho Befikar