Fund Insights
In the last 1 year, HDFC TaxSaver -Direct Plan - Growth Option has given 11.99% return, outperforming this fund by 8.98%
In the last 3 years, Quant Tax Plan Growth Option Direct Plan has given 36.17% return, outperforming this fund by 24.27% per annum
In the last 5 years, Quant Tax Plan Growth Option Direct Plan has given 21.51% return, outperforming this fund by 11.74% per annum
Over the last 1 month, this fund has decreased expense ratio by 0.8% moving from 1.22 to 1.21
This fund expense ratio is slightly on the lower side within the category (elss (tax savings)). Its expense ratio is 1.21% which is lower than the category average expense ratio of 1.4%
IDBI Equity Advantage Fund Direct Growth is an equity fund. This fund was started on 10 September, 2013. The fund is managed by Alok Ranjan. The fund could potentially beat inflation in the long-run.
1) IDBI Equity Advantage Fund Direct Growth has a NAV of ₹43.57 as on 08-02-2023.
2) IDBI Equity Advantage Fund Direct Growth has ₹461 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 1.21 %.
Expense ratio | 1.21% |
Benchmark | S&P BSE 200 India TR INR |
AUM | ₹461 Cr |
Inception Date | 10 September, 2013 |
Min Lumpsum/SIP | ₹500/₹500 |
Exit Load | 0% |
Lock In | 3 Years |
TurnOver | 398.43% |
IDBI Equity Advantage Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.23% | -0.23% |
6 Month Returns | 2.01% | 2.01% |
1 Year Returns | 2.2% | 2.2% |
3 Years Returns | 38.97% | 11.59% |
5 Years Returns | 60.01% | 9.86% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
IDBI Equity Advantage Fund Direct Growth | -0.62 | -2.26 | -0.64 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
IDBI Equity Advantage Fund Direct Growth | 1.03 | 0.8 | 0.82 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
IDBI Equity Advantage Fund Direct Growth | -0.19 | 0.45 | 0.28 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
IDBI Equity Advantage Fund Direct Growth | 17.28 | 19.12 | 17.47 |
Mutual Fund execution provided by
Technology facilitation Services provided by Finzoom Investment Advisors Pvt. Ltd. - Advisory unit. SEBI Registered Investment Advisor: INA100012190 | BASL Registration No. 1154 | BSE StarMF Platform code: 24801
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.