IDBI Equity Savings Fund-direct Plan - Monthly IDCW Reinvestment
Hybrid
Direct
Equity Savings
NAV: ₹ 16.2 as on 29-05-2023
Fund Performance
About the Fund
IDBI Equity Savings Direct Monthly Reinvestment of Income Distribution cum Cap wdrl is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Raju Sharma, Alok Ranjan. This fund gives you the benefit of diversification.
Key parameters
1) IDBI Equity Savings Fund-direct Plan - Monthly IDCW Reinvestment has a NAV of ₹16.2155 as on 29-05-2023.
2) IDBI Equity Savings Fund-direct Plan - Monthly IDCW Reinvestment has ₹10 Cr worth of assets under management (AUM) as on 31-03-2023 and is less than category average.
3) The fund has an expense ratio 1.15 %.
IDBI Equity Savings Fund-direct Plan - Monthly IDCW Reinvestment Overview
 | 1.15% |
 Benchmark | NIFTY Equity Savings TR INR |
 | ₹10 Cr |
 | 1 January, 2013 |
 | ₹5000/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 2011.41% |
Fund Distribution as on (30-Apr-23)
Size breakup
Large cap
57.4%
Mid cap
10.9%
Small cap
2.7%
Sector Allocation
Financial Services
29.2%
Basic Materials
18%
Tech
16.1%
Industrial
9.6%
Consumer Cyclical
6.6%
Real Estate
5.4%
Consumer Defensive
5.1%
Energy
4%
Health
3%
Utilities
1.9%
Communication
1.1%
Top Holdings of IDBI Equity Savings Fund-direct Plan - Monthly IDCW Reinvestment as on (30-Apr-23)
Equity Holdings26
IDBI Equity Savings Fund-direct Plan - Monthly IDCW Reinvestment: Monthly Changes Updates
All changes are between Feb'23 and Apr'23
Fund Performance
- This fund’s returns stands at -0.93% whereas the fund’s underlying benchmark Equity Savings Index returns stands at -0.32% as on Apr'23
- This fund underperformed Equity Savings Index by 0.61% in Apr'23
AUM Change
- AUM of the fund stands at 9.7 Cr as of Apr'23
- AUM has remained same between Apr'23 and Mar'23
Fund Portfolio Changes
Peer Analysis
IDBI Equity Savings Fund-direct Plan - Monthly IDCW Reinvestment Fund Manager
Raju Sharma
Fund Manager of IDBI Equity Savings Fund-direct Plan - Monthly IDCW Reinvestment, since 3 May 2017
Top funds managed
Alok Ranjan
Fund Manager of IDBI Equity Savings Fund-direct Plan - Monthly IDCW Reinvestment, since 6 August 2021
Top funds managed
Fund Highlights
Moderately High risk
Investors understand that their principal will be at Moderately High risk
About the fund
This fund has delivered an average annual returns of 6.64% since inception which is less than its category average return of 7.38%
Fund Allocations
This fund has an allocation of 44.9% in Equity, 0.71% in Debt and 54.39% in Cash related instruments
AUM size ₹10 Cr
This fund has AUM of ₹10 Cr which is less than its category average of ₹ 758 Cr
Expense Ratio 1.15%
This fund has an expense ratio of 1.15% which is less than its category average expense ratio of 1.23%
Frequently Asked Questions
The current NAV of IDBI Equity Savings Fund-direct Plan - Monthly IDCW Reinvestment is ₹16.22 as on 29-May-2023.
Existing (Absolute + CAGR) as on 29-May-2023.
IDBI Equity Savings Fund-direct Plan - Monthly IDCW Reinvestment | Absolute Returns | CAGR Returns |
1 Month Returns | 1.99% | 1.99% |
6 Month Returns | 0.69% | 0.69% |
1 Year Returns | 7.77% | 7.77% |
3 Years Returns | 37.25% | 11.13% |
5 Years Returns | 43.12% | 7.43% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
1.15% as on April 2023
₹10 Cr as on April 2023
ICICI Bank Ltd(9.42%), Tata Consultancy Services Ltd Shs Dematerialised(7%), Tata Steel Ltd Shs Dematerialised(6.15%), Siemens Ltd(5.9%), DLF Ltd(4.37%) as on April 2023
Cash Equivalent(54.39%), Financial Services(13.13%), Basic Materials(8.08%) as on January 1
AAA | 100 |
Raju Sharma, Alok Ranjan are the fund managers of IDBI Equity Savings Fund-direct Plan - Monthly IDCW Reinvestment
The Exit load of IDBI Equity Savings Fund-direct Plan - Monthly IDCW Reinvestment is 1%