you are here:

IDBI Equity Advantage Fund - Growth

  • Regular
  • Direct
Category : ELSS
Fund House : IDBI Mutual Fund
  • NAV
    : ₹ 38.87 0.39%
    (as on 12th August, 2022)
Invest Now
Crisil Rank
Below average performance among peers
Risk-O-Meter
Very High

The fund has 98.9% investment in domestic equities of which 57.76% is in Large Cap stocks, 21.38% is in Mid Cap stocks, 3.21% 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.

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

This Scheme
VS
  • Benchmark
    Nifty 500 TRI
  • NA
  • NA
  • Gold
Compare with
  • Date : -
  • NAV : -
  • Nifty 500 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 12th August, 2022)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 05-Aug-22 10191.40 1.91% - 1.66% 10/58
1 Month 12-Jul-22 11166.30 11.66% - 9.49% 2/58
3 Month 12-May-22 11395.50 13.96% - 13.36% 22/58
6 Month 11-Feb-22 10156.80 1.57% - 1.60% 24/58
YTD 31-Dec-21 10125.00 1.25% - 0.41% 25/58
1 Year 12-Aug-21 10842.40 8.42% 8.42% 7.92% 29/58
2 Year 12-Aug-20 15635.60 56.36% 25.04% 31.11% 46/58
3 Year 09-Aug-19 15436.90 54.37% 15.51% 21.20% 47/57
5 Year 11-Aug-17 16456.40 64.56% 10.46% 12.55% 35/46
Since Inception 10-Sep-13 38870.00 288.70% 16.43% 14.16% 15/56

SIP Returns (NAV as on 12th August, 2022)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 12-Aug-21 12000 12561.02 4.68 % 8.78 %
2 Year 12-Aug-20 24000 28244.13 17.68 % 16.52 %
3 Year 09-Aug-19 36000 46577.49 29.38 % 17.46 %
5 Year 11-Aug-17 60000 82411.59 37.35 % 12.65 %
 

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 Jul,2022)

Equity Holding : 98.90% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 98.90%
No of Stocks : 43 (Category Avg - 47.18) | Large Cap Investments : 57.76%| Mid Cap Investments : 21.38% | Small Cap Investments : 3.21% | Other : 16.55%

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
ICICI Bank Ltd. Banks 432.9 8.89% 0.46% 8.89% (Jul 2022) 6.81% (Sep 2021) 5.29 L 0.00
HDFC Bank Ltd. Banks 354.7 7.28% -0.23% 7.51% (Jun 2022) 6.79% (Aug 2021) 2.47 L 0.00
Infosys Ltd. Computers - software 298.8 6.13% -0.22% 7.19% (Mar 2022) 5.91% (Oct 2021) 1.93 L 0.00
State Bank Of India Banks 235.7 4.84% 0.16% 4.84% (Jul 2022) 3.51% (Aug 2021) 4.46 L 0.00
ABB India Ltd. Power equipment 196.4 4.03% 0.31% 4.03% (Jul 2022) 3.03% (Mar 2022) 71.78 k 0.00
Reliance Industries Ltd. Refineries/marketing 195.7 4.02% -0.54% 4.56% (Jun 2022) 3.25% (Aug 2021) 77.98 k 0.00
Cholamandalam Investment & Finance Co. Ltd. Nbfc 162.8 3.34% 0.10% 3.47% (Apr 2022) 2.29% (Dec 2021) 2.32 L 0.00
Page Industries Ltd. Fabrics and garments 161.3 3.31% 0.32% 3.31% (Jul 2022) 2.04% (Sep 2021) 3.30 k 0.00
Axis Bank Ltd. Banks 154.4 3.17% 0.11% 3.17% (Mar 2022) 2.02% (Sep 2021) 2.13 L 0.00
HCL Technologies Limited Computers - software 139.1 2.85% -0.37% 3.66% (Dec 2021) 2.85% (Jul 2022) 1.47 L 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
TREPS TREPS 1.20%
Net Receivables Net Receivables -0.10%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 29th July, 2022)

  • Standard Deviation

    Low volatility
    19.15vs20.71
    Category Avg
  • Beta

    Low volatility
    0.82vs0.9
    Category Avg
  • Sharpe Ratio

    Poor risk adjusted returns
    0.58vs0.75
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    0.14vs0.17
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    -1.05vs2.21
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
HDFC Tax Saver Fund - Growth 4 9408.98 8.88 13.05 6.92 15.51 17.73
Parag Parikh Tax Saver Fund - Regular Plan - Growth NA 680.09 6.36 9.16 1.04 12.42 23.26
Quant Tax Plan - Growth 5 1584.38 9.54 13.52 2.41 12.36 37.98
Sundaram Tax Saving Fund - Growth 3 930.44 8.84 13.67 1.53 10.61 19.74
Tata India Tax Savings Fund - Regular Plan - Growth 3 3014.29 10.13 14.20 2.44 10.49 17.83
IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth 5 3692.39 8.83 11.75 0.37 10.20 24.12
Nippon India Tax Saver Fund - Growth 3 11740.98 9.62 13.28 2.28 9.85 17.57
Kotak Tax Saver Fund - Growth 4 2794.27 9.58 12.38 2.02 9.08 19.80
Union Long Term Equity Fund - Growth 4 525.85 10.26 13.83 2.86 9.04 21.80
Mahindra Manulife ELSS Kar Bachat Yojana - Regular Plan - Growth 4 485.36 9.97 14.15 1.89 8.68 20.67

More Funds from IDBI Mutual Fund

Out of 22 mutual fund schemes offered by this AMC, 2 is/are ranked 4 * , 6 is/are ranked 3 * , 3 is/are ranked 2 * , 3 is/are ranked 1 * , and 8 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
IDBI Liquid Fund - Growth 1 601.94 0.40 1.21 2.06 3.82 4.20
IDBI India Top 100 Equity Fund - Growth 4 600.85 10.60 13.71 1.45 8.35 19.48
IDBI Equity Advantage Fund - Growth 2 487.10 11.66 13.95 1.57 8.42 15.51
IDBI Flexi Cap Fund - Regular Plan - Growth 4 386.69 11.64 14.48 1.21 10.79 20.75
IDBI Ultra Short Term Fund - Growth 3 240.48 0.40 1.19 1.85 4.13 6.16
IDBI Nifty Index Fund - Growth 3 211.27 10.37 12.50 2.46 8.68 16.62
IDBI Midcap Fund - Growth 2 192.97 9.52 16.34 1.25 3.09 20.28
IDBI Hybrid Equity Fund- Growth 3 186.13 7.28 8.89 -1.18 5.44 12.76
IDBI Small Cap Fund - Growth 3 132.22 10.43 15.88 3.49 19.79 28.84
IDBI Focused 30 Equity Fund - Growth 3 130.86 10.28 12.55 0.79 9.10 17.75

Forum

+ See More