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IDBI Equity Advantage Fund - Direct Plan - Growth

  • Regular
  • Direct
Category : ELSS
Fund House : IDBI Mutual Fund
  • NAV
    : ₹ 27.74 0.22%
    (as on 23rd April, 2019)
Crisil Rank
Average performance among peers
Risk-O-Meter
Moderately High

Fund has 98.85% investment in indian stocks of which 45.84% is in large cap stocks, 45.57% is in mid cap stocks, 7.44% in small cap stocks.Fund has 0.01% investment in Debt of which , 0.01% in funds invested in very low risk securities..

Suitable For : Investors who are looking to invest money for at least 3 years and looking for additional benefits of income tax saving apart from higher returns expectations. At the same time, these investors should also be ready for possibility of moderate losses in their investments and 3 year lock-in period.

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Returns (NAV as on 23rd April, 2019)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 16-Apr-19 9802.12 -1.98% - -1.89% 40/64
1 Month 22-Mar-19 10161.17 1.61% - 0.78% 12/64
3 Month 23-Jan-19 10243.72 2.44% - 5.41% 63/63
6 Month 23-Oct-18 10938.49 9.38% - 12.00% 56/63
YTD 01-Apr-19 9875.40 -1.25% - -1.10% 25/64
1 Year 23-Apr-18 9529.37 -4.71% -4.71% -3.03% 42/60
2 Year 21-Apr-17 11539.10 15.39% 7.40% 7.06% 26/51
3 Year 22-Apr-16 13766.75 37.67% 11.23% 13.34% 34/45
5 Year 23-Apr-14 22681.93 126.82% 17.79% 15.41% 8/33
10 Year - - - - 17.84% -/-
Since Inception 10-Sep-13 27740.00 177.40% 19.91% - -/-

SIP Returns (NAV as on 23rd Apr,2019)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 year 23-Apr-18 12000 12053.08 0.44 % 0.82 %
2 years 23-Apr-17 24000 24826.17 3.44 % 3.29 %
3 years 23-Apr-16 36000 40379.54 12.17 % 7.60 %
5 years 23-Apr-14 60000 76944.93 28.24 % 9.89 %
 

Tax Treatment

You can not sell your investments in this fund for 3 years from the purchase date. Long term capital gain tax will be applicable when you sell your investments after 3 years. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh in a financial year. Any cess/surcharge is not included. However, you can claim a deduction on your taxable income under section 80c for your investments in this fund. (Current tax deductions are capped at 1.5 lakh per year).

Portfolio (Updated on 31st Mar,2019)

Equity Holding : 98.85% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 98.85%
No of Stocks : 27 (Category Avg - 44.67) | Large Cap Investments : 45.84%| Mid Cap Investments : 45.57% | Small Cap Investments : 7.44% | Other : 0%

Top 10 Stocks in Portfolio

How to read this table?
Stock Invested in Sector Value(Cr) % of Total Holdings 1M Change 1Y Highest Holding 1Y Lowest Holding Quantity 1M Change in Qty
Cholamandalam Investment & Finance Co. Ltd. Nbfc 448.1 7.33% 0.86% 5.84% (Sep 2018) 5.84% (Sep 2018) 3.08 L 0.00
Page Industries Ltd. Fabrics and garments 398.8 6.52% 0.45% 5.74% (Apr 2018) 5.74% (Apr 2018) 15.97 k 0.00
Pidilite Industries Ltd. Chemicals - speciality 333.9 5.46% -0.20% 5.14% (Oct 2018) 5.14% (Oct 2018) 2.68 L -0.20 L
Kotak Mahindra Bank Ltd. Banks 328.9 5.38% 0.28% 4.48% (Apr 2018) 4.48% (Apr 2018) 2.46 L 0.00
TVS Motor Company Ltd. Motor cycles/scooters 323.2 5.29% -0.01% 5.29% (Mar 2019) 5.29% (Mar 2019) 6.86 L 0.00
Vst Industries Ltd. Cigarettes 305.2 4.99% 0.15% 3.79% (Jul 2018) 3.79% (Jul 2018) 88.34 k 0.00
Asian Paints (india) Ltd. Paints 290 4.74% 0.09% 3.54% (Apr 2018) 3.54% (Apr 2018) 1.94 L 0.00
MRF Ltd. Tyres & allied 287 4.69% -0.11% 4.69% (Mar 2019) 4.69% (Mar 2019) 4.95 k 0.00
Gruh Finance Ltd. Housing finance 278.7 4.56% 0.30% 3.54% (Jan 2019) 3.54% (Jan 2019) 10.10 L 0.00
Bata India Ltd. Leather and leather products 274.8 4.49% 0.19% 2.35% (May 2018) 2.35% (May 2018) 1.96 L 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
No of Debt Holding 1 (Category Avg - 0.17) | Modified Duration 0.00 Years (Category Avg - 1.56)| Yield to Maturity - -- (Category Avg - 0.00%)

Type of Holdings

Security Type
% Weight
Category Average
CD 0.00% 0.01%
T-Bills 0.00% 0.01%
CP 0.00% 0.03%
NCD & Bonds 0.01% 0.01%

Investment / Portfolio Grades

Security Type
% Weight
Category Average
Government Backed 0.00% 0.00%
Low Risk 0.01% 0.03%
Moderate Risk 0.00% 0.00%
High Risk 0.00% 0.00%
Very High Risk 0.00% 0.00%
Others 0.00% 0.00%
Name Type of Instrument Weight (%)
CBLO CBLO 1.25%
Net Receivables Net Receivables -0.11%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 31st March, 2019)

  • Standard Deviation

    High volatility
    13.31vs9.36
    Category Avg
  • Beta

    High volatility
    0.86vs0.66
    Category Avg
  • Sharpe Ratio

    Poor risk adjusted returns
    0.34vs0.38
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    0.05vs0.05
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    -2.54vs-0.31
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Mirae Asset Tax Saver Fund - Direct Plan - Growth 5 1839.36 1.07 6.50 14.70 8.21 21.90
Canara Robeco Equity Tax Saver - Direct Plan - Growth 4 951.45 1.07 5.71 16.14 7.77 14.31
Kotak Tax Saver Scheme - Direct Plan - Growth 3 888.42 1.68 6.93 16.42 7.35 15.45
ICICI Prudential Long Term Equity Fund (Tax Saving) - Direct Plan - Growth 4 6192.72 1.60 7.13 11.71 6.59 13.91
Essel Long Term Advantage Fund - Direct Plan - Growth 3 58.80 1.23 6.41 14.67 5.54 14.50
Quantum Tax Saving Fund - Direct Plan - Growth 4 79.71 0.87 5.53 10.00 5.05 12.09
DSP Tax Saver Fund - Direct Plan - Growth 3 5413.31 0.81 7.80 17.34 3.56 15.04
Franklin India Taxshield Fund - Direct - Growth 3 4024.64 0.18 5.39 10.95 3.43 11.30
Axis Long Term Equity Fund - Direct Plan - Growth 5 18851.87 2.07 6.24 14.15 2.79 14.94
Invesco India Tax Plan - Direct Plan - Growth 4 834.78 -0.04 4.52 10.82 2.66 15.05

More Funds from IDBI Mutual Fund

Out of 21 mutual fund schemes offered by this AMC, 1 is/are ranked 4 * , 5 is/are ranked 3 * , 2 is/are ranked 1 * , and 13 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
IDBI Liquid Fund - Direct Plan - Growth 1 2571.08 0.65 1.82 3.80 7.67 7.23
IDBI Equity Advantage Fund - Direct Plan - Growth 3 611.41 1.39 1.84 7.75 -4.10 11.16
IDBI India Top 100 Equity Fund - Direct Plan - Growth 1 389.90 0.88 3.77 12.95 1.64 10.21
IDBI Hybrid Equity Fund- Direct Plan - Growth NA 360.05 0.61 1.89 6.09 -5.00 0.00
IDBI Diversified Equity Fund - Direct Plan - Growth 3 349.41 1.09 2.45 7.31 -2.71 10.08
IDBI Focused 30 Equity Fund - Direct Plan - Growth NA 277.56 2.58 6.16 9.19 2.16 0.00
IDBI Midcap Fund - Direct Plan - Growth NA 224.65 0.98 4.02 8.48 -8.47 0.00
IDBI Ultra Short Term Fund - Direct Plan - Growth 3 222.94 0.71 1.99 4.29 7.86 7.62
IDBI Nifty Index Fund - Direct Plan - Growth 3 213.20 1.21 6.35 13.53 10.79 14.37
IDBI Banking & Financial Services Fund - Direct Plan - Growth NA 172.61 1.14 7.55 13.86 0.00 0.00

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