Fund Insights
In the last 1 year, Tata Banking & Financial Services Fund Direct Growth has given 11.41% return, outperforming this fund by 6.91%
In the last 3 years, Sundaram Financial Services Opportunities Fund Direct Plan Growth Option has given 11.68% return, outperforming this fund by 4.12% per annum
IDBI Banking Financial Services Fund Direct Growth is an equity fund. This fund was started on 29 May, 2018. The fund is managed by Alok Ranjan. The fund could potentially beat inflation in the long-run.
1) IDBI Banking Financial Services Fund Direct Growth has a NAV of ₹14.7 as on 08-02-2023.
2) IDBI Banking Financial Services Fund Direct Growth has ₹83 Cr worth of assets under management (AUM) as on 31-12-2022 and is less than category average.
3) The fund has an expense ratio 1.5 %.
Expense ratio | 1.5% |
Benchmark | S&P BSE BANKEX INR |
AUM | ₹83 Cr |
Inception Date | 29 May, 2018 |
Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1% |
Lock In | No Lock-in |
TurnOver | 662.77% |
IDBI Banking Financial Services Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.68% | -0.68% |
6 Month Returns | 4.58% | 4.58% |
1 Year Returns | 4.51% | 4.51% |
3 Years Returns | 24.45% | 7.56% |
5 Years Returns | 0% | 0% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
IDBI Banking Financial Services Fund Direct Growth | -0.38 | -1.32 | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
IDBI Banking Financial Services Fund Direct Growth | 1.02 | 0.96 | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
IDBI Banking Financial Services Fund Direct Growth | -0.07 | 0.25 | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
IDBI Banking Financial Services Fund Direct Growth | 20.13 | 29.96 | - |
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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.