IDBI Equity Advantage Fund - IDCW

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : ELSS

NAV

This number shows latest NAV (Net Asset Value) and change in the NAV from previous day. NAV is nothing but the unit price for the fund. You will be allocated number of units based on this price. NAV is declared once each day generally at the end of the day. Once you invest in mutual funds, your money is further invested in stocks and bonds by mutual fund managers. Mutual Fund NAV is the per unit latest value of all such stocks/bonds held in the portfolio

: ₹ 26.08 0.12%
(as on 28th July, 2023)

This scheme closed on 28-07-2023 & the data you are seeing is not latest data.

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.

1M
3M
6M
1Y
2Y
5Y
ALL

This Scheme

VS

Benchmark
Nifty 500 TRI

4.24%

12.92%

14.56%

18.17%

12.9%

13.3%

6.82%
NA
3.98%

12.92%

16.97%

20.38%

12.32%

13.38%

14.31%

NA
Gold

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Returns Calculator
SIP Calculator
VIP (Value Avg)

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Returns (NAV as on 28th July, 2023)

Period Invested for	₹10000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Rank within Category
1 Week	21-Jul-23	10042.40	0.42%	-	23/62
1 Month	28-Jun-23	10312.40	3.12%	-	47/63
3 Month	28-Apr-23	10967.20	9.67%	-	55/62
6 Month	27-Jan-23	11514.30	15.14%	-	37/61
YTD	30-Dec-22	11064.90	10.65%	-	43/61
1 Year	28-Jul-22	11695.10	16.95%	16.95%	44/58
2 Year	28-Jul-21	12496.40	24.96%	11.79%	32/58
3 Year	28-Jul-20	17654.40	76.54%	20.86%	49/58
5 Year	27-Jul-18	15213.50	52.13%	8.74%	48/54
Since Inception	10-Sep-13	28829.60	188.30%	11.31%	16/58

Returns Calculator Detailed Returns Analysis

SIP Returns (NAV as on 28th July, 2023)

Period Invested for	₹1000 SIP Started on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	28-Jul-22	12000	13380.32	11.5 %	22.02 %
2 Year	28-Jul-21	24000	27474.14	14.48 %	13.6 %
3 Year	28-Jul-20	36000	45310.57	25.86 %	15.54 %
5 Year	27-Jul-18	60000	84972.95	41.62 %	13.89 %

SIP Calculator Detailed Returns Analysis

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 12.5%, if your total long term capital gain exceeds 1.25 lakhs 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

This fund is inactive, so it does not have any stocks/debt in its current portfolio.

Alternative Funds (Category Peers)

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
HDFC ELSS Tax saver - Growth	5	16644.54	1.08	3.21	9.09	7.03	23.10
Parag Parikh ELSS Tax Saver Fund - Regular Plan - Growth	4	5638.79	-0.72	1.11	7.77	5.03	18.40
Mirae Asset ELSS Tax Saver Fund - Regular Plan - Growth	3	25910.64	0.81	1.36	11.57	4.80	18.41
ICICI Prudential ELSS Tax Saver Fund - Growth	3	14425.23	0.59	3.50	8.51	4.30	17.84
Navi ELSS Tax Saver Nifty 50 Index Fund - Regular Plan - Growth	NA	102.15	1.45	2.47	8.18	4.10	0.00
PGIM India ELSS Tax Saver Fund - Growth	3	757.48	0.39	1.16	7.32	4.03	14.28
Aditya Birla Sun Life ELSS Tax Saver Fund - Regular Plan - Growth	3	15174.87	0.71	2.28	12.19	3.53	15.89
ICICI Prudential Long Term Wealth Enhancement Fund - Growth	NA	41.11	1.50	6.36	11.87	3.47	21.06
Sundaram ELSS Tax Saver Fund - Growth	3	1356.01	-0.01	1.11	8.39	3.32	15.81
WhiteOak Capital ELSS Tax Saver Fund - Regular Plan - Growth	NA	414.27	0.38	0.74	9.90	3.31	20.94

Detailed Comparison

More Funds from IDBI Mutual Fund

Out of 45 mutual fund schemes offered by this AMC, 2 is/are ranked 4 * , 10 is/are ranked 3 * , 10 is/are ranked 2 * , 5 is/are ranked 1 * , and 18 schemes are not ranked. See more about AMC

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
LIC MF Liquid Fund - Regular Plan - Growth	2	11402.57	0.47	1.40	2.96	6.65	6.96
LIC MF Money Market Fund - Regular Plan - Growth	NA	3130.05	0.51	1.44	3.34	6.73	6.37
LIC MF Large & Mid Cap Fund - Growth	3	3046.84	-0.36	-0.53	8.11	-1.04	16.89
LIC MF Nifty 8-13 yr G-Sec ETF	NA	2248.29	0.39	0.26	1.86	8.02	8.69
LIC MF Nifty 8-13 yr G-Sec ETF	NA	2248.29	0.41	0.32	1.93	8.19	8.90
LIC MF Banking & PSU Fund - Growth	3	1909.36	0.87	1.21	3.14	7.93	7.52
LIC MF Multi Cap Fund - Regular Plan - Growth	NA	1715.77	0.62	1.36	12.69	1.44	0.00
LIC MF Low Duration Fund - Growth	3	1705.18	0.55	1.37	3.19	7.14	6.91
LIC MF Low Duration Fund - Growth	3	1705.18	0.53	1.46	3.41	7.53	7.54
LIC MF Large Cap Fund - Growth	2	1445.32	0.33	0.60	5.83	1.16	12.99

All funds

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NITINPIMPALE
MF Investment Help
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9 days ago

purchase unit will adjust difference in NAV 10.263 View more

Posted by : NITINPIMPALE
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  purchase unit will adjust difference in NAV 10.263
  
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krishna_ksvs
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21 days ago

View more

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The Fixed Income
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1 days ago

Invest in Stability with Long-Term Growth! 9.41% INDIA INFRASTRUCTURE FINANCE COMPANY LIMITED 2037 ✔️ Coupon: 9.41% ✔️ Rating: CARE AAA Stable ✔️ Tenor: 11y 9m (Maturity: 27/Jul/2037) Secured Bond | PSU Bond | High Return Bond | Listed Enjoy a secure, government-backed investment with steady returns over the long term. ???? Explore on The Fixed Income :https://www.thefixedincome.com/product/dUJHdFp3PT0=/941-india-infrastructure-finance-company-limited-2037?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list View more

Posted by : The Fixed Income
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  Invest in Stability with Long-Term Growth! 9.41% INDIA INFRASTRUCTURE FINANCE COMPANY LIMITED 2037 ✔️ Coupon: 9.41% ✔️ Rating: CARE AAA Stable ✔️ Tenor: 11y 9m (Maturity: 27/Jul/2037) Secured Bond | PSU Bond | High Return Bond | Listed Enjoy a secure, government-backed investment with steady returns over the long term. ???? Explore on The Fixed Income :https://www.thefixedincome.com/product/dUJHdFp3PT0=/941-india-infrastructure-finance-company-limited-2037?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list
  
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shravanashok
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71 days ago

need your suggestion for sbi psu fund direct growth stay or switch View more

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  need your suggestion for sbi psu fund direct growth stay or switch
  
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ravisistla
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84 days ago

Dividend last declared by SBI Long Term Equity Fund - regular Plan -IDCW was in the year 2022. Is there any specific reason given by fund managers for non declaration of dividend. Please let me know. View more

Posted by : ravisistla
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  Dividend last declared by SBI Long Term Equity Fund - regular Plan -IDCW was in the year 2022. Is there any specific reason given by fund managers for non declaration of dividend. Please let me know.
  
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sunny85deol
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122 days ago

Hello sir, I have been invested in these funds since 2017. Last SIP was in 2021. As their NAV have grown so I was thinking of switching to other funds with lower NAV. View more

Posted by : sunny85deol
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  Hello sir, I have been invested in these funds since 2017. Last SIP was in 2021. As their NAV have grown so I was thinking of switching to other funds with lower NAV.
  
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