Idbi Equity Advantage Fund Regular Plan - Growth

Equity Save Tax and Create Wealth
ELSS
Category Rank
Idbi Equity Advantage Fund Regular Plan - Growth
Rating
Fund
Time to Invest
Idbi Equity Advantage Fund Regular Plan - Growth
NAV
38.1
(31/01/2023)
L 52Wk H
32.90
40.81
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Idbi Equity Advantage Fund Regular Plan - Growth

Equity
ELSS
Save Tax and Create Wealth
Rank Idbi Equity Advantage Fund Regular Plan - Growth
Fund
NAV
38.1
(31/01/2023)
Time to Invest
Idbi Equity Advantage Fund Regular Plan - Growth
Rating
L 52Wk H
32.90
40.81
Investment 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. .

Category
  • Equity - ELSS
Benchmark
  • NIFTY 500 - TRI
Returns
Absolute
1M
-2.86%
3M
-3.86%
6M
1.60%
Annualised
1Y
-0.70%
3Y
10.16%
5Y
7.29%
Historical NAV
NAV for scheme IDBI Equity Advantage Fund - Growth Regular is
Growth of 10,000
An investment of 10000 for in this scheme would have grown to Rs.

Risk of the fund

Idbi Equity Advantage Fund Regular Plan - Growth

AUM

480.04 Cr
Idbi Equity Advantage Fund Regular Plan - Growth AUM is 81% lower than other schemes in the category

Load

Entry Load - NIL
Exit Load - Nil
Lock In Period - 3 Years

Expense Ratio

2.43%

Turnover Ratio

1.00%