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IDBI Equity Advantage Fund - Growth

  • Regular
  • Direct
Category : ELSS
Fund House : IDBI Mutual Fund
  • NAV
    : ₹ 35.06 0.11%
    (as on 23rd July, 2021)
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Crisil Rank
Relatively weak performance among peers
Risk-O-Meter
Very High

Fund has 95.69% investment in indian stocks of which 56.73% is in large cap stocks, 20.82% is in mid cap stocks, 4% in small cap stocks.

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 July, 2021)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 16-Jul-21 9934.80 -0.65% - -0.24% 53/66
1 Month 23-Jun-21 10382.00 3.82% - 4.51% 30/67
3 Month 23-Apr-21 11375.70 13.76% - 17.42% 49/67
6 Month 22-Jan-21 11255.20 12.55% - 22.49% 62/67
YTD 01-Jan-21 11412.80 14.13% - 25.74% 61/67
1 Year 23-Jul-20 14131.40 41.31% 41.31% 60.30% 59/67
2 Year 23-Jul-19 14298.50 42.98% 19.55% 25.79% 50/65
3 Year 23-Jul-18 13145.90 31.46% 9.54% 15.17% 57/63
5 Year 22-Jul-16 16467.80 64.68% 10.48% 14.41% 44/45
Since Inception 10-Sep-13 35060.00 250.60% 17.28% 15.00% 18/63

SIP Returns (NAV as on 23rd July, 2021)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 23-Jul-20 12000 14494.56 20.79 % 40.72 %
2 Year 23-Jul-19 24000 31122.42 29.68 % 27.22 %
3 Year 23-Jul-18 36000 47453.67 31.82 % 18.79 %
5 Year 22-Jul-16 60000 82917.1 38.2 % 12.9 %
 

Tax Treatment

Portfolio (Updated on 30th Jun,2021)

Portfolio Turnover Ratio : 91.00%  |   Category average turnover ratio is 100.04%  
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 : 95.69% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 95.69%
No of Stocks : 47 (Category Avg - 47.72) | Large Cap Investments : 56.73%| Mid Cap Investments : 20.82% | Small Cap Investments : 4% | Other : 14.14%

Top 10 Stocks in Portfolio

How to read this table?
Stock Invested in Sector Value(Mn) % of Total Holdings 1M Change 1Y Highest Holding 1Y Lowest Holding Quantity 1M Change in Qty
Infosys Ltd. Computers - software 352 6.80% 0.57% 6.8% (Jun 2021) 0% (Jul 2020) 2.23 L -8.84 k
HDFC Bank Ltd. Banks 348 6.72% -0.35% 7.5% (Feb 2021) 0% (Jul 2020) 2.32 L -9.36 k
ICICI Bank Ltd. Banks 333.6 6.44% -0.60% 7.04% (May 2021) 0% (Jul 2020) 5.29 L -0.21 L
Reliance Industries Ltd. Refineries/marketing 164.6 3.18% -0.20% 5.92% (Oct 2020) 0% (Jul 2020) 77.98 k -3.10 k
ABB India Ltd. Power equipment 160 3.09% 0.13% 3.31% (Aug 2020) 2.29% (Oct 2020) 88.48 k -3.48 k
State Bank Of India Banks 145.1 2.80% 0.26% 2.8% (Jun 2021) 0% (Jul 2020) 3.46 L 36.09 k
HCL Technologies Limited Computers - software 144.2 2.79% 0.01% 3.1% (Oct 2020) 1.14% (Jul 2020) 1.47 L -5.87 k
Housing Development Finance Corporation Ltd. Housing finance 140.6 2.72% -0.69% 4.05% (Mar 2021) 0% (Jul 2020) 56.82 k -0.12 L
Asian Paints (india) Ltd. Paints 121.3 2.34% -0.08% 6.14% (Aug 2020) 1.93% (Feb 2021) 40.53 k -1.62 k
Cholamandalam Investment & Finance Co. Ltd. Nbfc 119.2 2.30% -0.26% 4.02% (Jan 2021) 2.3% (Jun 2021) 2.32 L -9.39 k
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
Net Receivables Net Receivables 3.67%
TREPS TREPS 0.64%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 30th June, 2021)

  • Standard Deviation

    Low volatility
    15.05vs16.07
    Category Avg
  • Beta

    Low volatility
    0.76vs0.85
    Category Avg
  • Sharpe Ratio

    Poor risk adjusted returns
    0.44vs0.72
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    0.09vs0.14
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    -2.41vs1.61
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Quant Tax Plan - Growth 5 257.55 5.97 23.97 42.54 109.48 31.43
IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth 4 3295.17 4.01 17.28 28.52 75.27 16.87
BOI AXA Tax Advantage Fund - Regular Plan - Growth 5 472.62 7.35 19.03 27.01 68.26 20.05
DSP Tax Saver Fund - Regular Plan - Growth 4 8962.61 4.85 18.13 24.50 59.21 18.77
Mirae Asset Tax Saver Fund - Regular Plan - Growth 5 8337.52 3.28 15.00 19.40 58.95 20.67
Franklin India Taxshield Fund - Growth 3 4739.14 2.13 16.16 19.75 58.70 12.75
Canara Robeco Equity Tax Saver - Regular Plan - Growth 5 2343.23 4.16 15.95 18.59 56.58 19.90
Mahindra Manulife ELSS Kar Bachat Yojana - Regular Plan - Growth 3 383.93 3.39 16.59 22.09 56.56 14.41
Nippon India Tax Saver Fund - Growth 1 11671.52 3.41 13.28 21.16 55.64 8.80
JM Tax Gain Fund - Growth 4 57.10 3.53 14.39 16.31 55.61 15.34

More Funds from IDBI Mutual Fund

Out of 23 mutual fund schemes offered by this AMC, 1 is/are ranked 4 * , 5 is/are ranked 3 * , 2 is/are ranked 2 * , 6 is/are ranked 1 * , and 9 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
IDBI Liquid Fund - Growth 1 1222.67 0.28 0.83 1.68 3.40 5.46
IDBI Equity Advantage Fund - Growth 1 517.75 3.82 13.76 12.55 41.31 9.54
IDBI India Top 100 Equity Fund - Growth 4 468.32 3.37 15.60 16.62 47.37 14.75
IDBI Ultra Short Term Fund - Growth 1 389.22 0.32 0.85 1.65 4.03 5.68
IDBI Flexi Cap Fund - Regular Plan - Growth 3 353.87 3.92 15.91 17.91 48.77 13.47
IDBI Hybrid Equity Fund- Growth 3 202.24 1.69 8.67 9.49 29.50 7.26
IDBI Midcap Fund - Growth 2 200.94 6.59 17.44 24.43 62.88 13.47
IDBI Nifty Index Fund - Growth 3 192.24 1.16 10.85 9.86 40.70 12.45
IDBI Focused 30 Equity Fund - Growth 3 139.20 2.25 12.27 11.27 39.37 10.35
IDBI Small Cap Fund - Growth 3 122.25 5.90 19.87 37.22 87.80 14.89

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