Moneycontrol
Get App
you are here:

IDBI Equity Advantage Fund - Direct Plan - Growth

  • Regular
  • Direct
Category : ELSS
Fund House : IDBI Mutual Fund
  • NAV
    : ₹ 27.31 -0.18%
    (as on 24th June, 2019)
Crisil Rank
Below average performance among peers
Risk-O-Meter
Moderately High

Fund has 94.82% investment in indian stocks of which 31.89% is in large cap stocks, 55.45% is in mid cap stocks, 7.48% 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.

Crisil Rank Change : Fund Crisil rank was updated from 3 to 2 in the previous quarter.

This Scheme
VS
  • Benchmark
    S&P BSE 200 TRI
  • NA
  • NA
  • Gold
Compare with
  • Date : -
  • NAV : -
  • S&P BSE 200 TRI : -
  • Date : -
  • Investment : -
  • Value on selected date : -
  • Returns Calculator
  • SIP Calculator
  • VIP (Value Avg)
Amount
  • Investment Date
  • Sell Date
  • Investment Value
    -
  • Sell Value
    -
  • Profit/Loss
    -
  • Annualised Returns
    -
  • Date : -
  • Investment : -
  • Value on selected date : -

Returns (NAV as on 24th June, 2019)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 17-Jun-19 9945.38 -0.55% - 0.27% 56/64
1 Month 24-May-19 9844.99 -1.55% - -1.68% 39/64
3 Month 22-Mar-19 10003.66 0.04% - 1.00% 49/64
6 Month 24-Dec-18 9816.68 -1.83% - 5.42% 57/63
YTD 01-Apr-19 9722.32 -2.78% - -0.88% 50/64
1 Year 22-Jun-18 9606.05 -3.94% -3.92% 0.77% 51/60
2 Year 23-Jun-17 10950.28 9.50% 4.64% 5.45% 33/51
3 Year 24-Jun-16 13380.70 33.81% 10.19% 12.68% 39/45
5 Year 24-Jun-14 19300.35 93.00% 14.05% 12.12% 9/33
10 Year - - - - 14.98% -/-
Since Inception 10-Sep-13 27310.00 173.10% 18.95% - -/-

SIP Returns (NAV as on 24th Jun,2019)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 year 24-Jun-18 12000 11901.05 -0.82 % -1.52 %
2 years 24-Jun-17 24000 24094.76 0.39 % 0.38 %
3 years 24-Jun-16 36000 38990.49 8.31 % 5.25 %
5 years 24-Jun-14 60000 73500.57 22.50 % 8.05 %
 

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 May,2019)

Portfolio Turnover Ratio : 17.00%  |   Category average turnover ratio is 101.94%  
Fund manager updated portfolio less frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for longer duration than peers)
Equity Holding : 94.82% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 94.82%
No of Stocks : 27 (Category Avg - 44.48) | Large Cap Investments : 31.89%| Mid Cap Investments : 55.45% | Small Cap Investments : 7.48% | 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
Pidilite Industries Ltd. Chemicals - speciality 338.2 5.73% 0.26% 5.14% (Oct 2018) 5.14% (Oct 2018) 2.62 L 0.00
Cholamandalam Investment & Finance Co. Ltd. Nbfc 327.3 5.55% -1.57% 5.55% (May 2019) 5.55% (May 2019) 2.14 L -0.90 L
TVS Motor Company Ltd. Motor cycles/scooters 322.1 5.46% -0.13% 5.29% (Mar 2019) 5.29% (Mar 2019) 6.72 L 0.00
Vst Industries Ltd. Cigarettes 311.9 5.29% 0.30% 3.79% (Jul 2018) 3.79% (Jul 2018) 86.26 k 0.00
Page Industries Ltd. Fabrics and garments 309.6 5.25% -0.86% 5.25% (May 2019) 5.25% (May 2019) 15.67 k 0.00
Kotak Mahindra Bank Ltd. Banks 290.9 4.93% -0.72% 4.57% (Sep 2018) 4.57% (Sep 2018) 1.91 L -0.50 L
ABB India Ltd. Power equipment 269 4.56% 0.28% 3.33% (Jun 2018) 3.33% (Jun 2018) 1.71 L 0.00
Nestle India Ltd. Consumer food 267.9 4.54% 0.25% 3.75% (Jun 2018) 3.75% (Jun 2018) 23.30 k 0.00
MRF Ltd. Tyres & allied 266.8 4.52% 0.21% 4.31% (Apr 2019) 4.31% (Apr 2019) 4.83 k 0.00
Asian Paints (india) Ltd. Paints 266.6 4.52% -0.16% 3.92% (Jun 2018) 3.92% (Jun 2018) 1.89 L 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
No of Debt Holding 1 (Category Avg - 0.12) | Modified Duration 0.00 Years (Category Avg - 1.90)| Yield to Maturity - -- (Category Avg - 7.87%)

Type of Holdings

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

Investment / Portfolio Grades

Security Type
% Weight
Category Average
Government Backed 0.00% 0.00%
Low Risk 0.01% 0.01%
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 (%)
TREPS TREPS 5.50%
Net Receivables Net Receivables -0.33%

Risk Ratios

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

  • Standard Deviation

    High volatility
    13.31vs9.47
    Category Avg
  • Beta

    High volatility
    0.87vs0.67
    Category Avg
  • Sharpe Ratio

    Poor risk adjusted returns
    0.28vs0.34
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    0.04vs0.05
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    -2.51vs-0.27
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Kotak Tax Saver Scheme - Direct Plan - Growth 4 934.61 -0.26 4.53 10.98 11.76 15.49
Mirae Asset Tax Saver Fund - Direct Plan - Growth 5 2111.58 -0.10 3.28 9.49 10.97 20.91
Canara Robeco Equity Tax Saver - Direct Plan - Growth 5 982.77 -1.35 3.30 9.81 10.54 15.12
Tata India Tax Savings Fund - Direct Plan - Growth NA 1873.40 0.20 4.24 12.60 9.14 15.44
DSP Tax Saver Fund - Direct Plan - Growth 3 5642.77 -1.31 2.39 10.27 7.96 14.41
ICICI Prudential Long Term Equity Fund (Tax Saving) - Direct Plan - Growth 4 6424.90 -1.16 2.40 7.53 7.10 12.75
JM Tax Gain Fund - (Direct) - Growth 3 32.67 0.09 3.93 10.11 6.37 16.63
BNP Paribas Long Term Equity Fund - Direct Plan - Growth 2 476.90 0.04 4.07 9.32 6.04 10.89
LIC MF Tax Plan 1997 - Direct Plan - Growth 4 227.18 0.00 2.88 5.10 5.90 13.83
DHFL Pramerica Tax Plan - Direct Plan - Growth NA 34.69 -0.43 3.58 10.34 5.83 14.37

More Funds from IDBI Mutual Fund

Out of 21 mutual fund schemes offered by this AMC, 4 is/are ranked 3 * , 3 is/are ranked 2 * , 1 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 2 2784.12 0.57 1.82 3.64 7.62 7.19
IDBI Equity Advantage Fund - Direct Plan - Growth 2 590.09 -1.55 0.04 -1.83 -3.92 10.19
IDBI India Top 100 Equity Fund - Direct Plan - Growth 1 377.54 -0.12 3.11 8.16 4.42 10.28
IDBI Hybrid Equity Fund- Direct Plan - Growth NA 342.51 -2.68 -1.52 -0.72 -5.30 0.00
IDBI Diversified Equity Fund - Direct Plan - Growth 2 336.86 -0.99 0.18 0.46 -2.17 9.27
IDBI Ultra Short Term Fund - Direct Plan - Growth 3 311.35 -6.49 -6.90 -5.08 -1.35 4.36
IDBI Focused 30 Equity Fund - Direct Plan - Growth NA 258.66 -0.97 1.39 4.82 0.59 0.00
IDBI Nifty Index Fund - Direct Plan - Growth 3 220.72 -1.01 2.46 10.29 9.16 13.82
IDBI Midcap Fund - Direct Plan - Growth NA 215.34 -1.54 -3.72 -1.00 -8.23 0.00
IDBI Banking & Financial Services Fund - Direct Plan - Growth NA 170.19 -1.61 3.88 9.92 9.21 0.00

Forum

View More