IDBI Banking Financial Services Fund Direct Growth
Very High Risk
Equity
3 Star
NAV as of Jul 28, 2023
₹16.29
-0.31%1D Change
Returns since inception
9.91%p.a.
Very High Risk
Equity
3 Star
NAV as of Jul 28, 2023
₹16.29
-0.31%1D Change
Returns since inception
9.91%p.a.
IDBI Banking Financial Services Fund Direct Growth
Very High Risk|Equity|3 Star
NAV as of Jul 28, 2023
₹16.29
-0.31%1D
Returns since inception
9.91%p.a.
Returns Calculator
Investment Type
Monthly SIP
One-Time
₹
yrs
Total investment₹9.6 Lakhs
Returns₹0
Final Value₹0
Absolute ReturnNaN%
Fund Overview
- Rating3 Star
- Expense ratio1.5%
- Exit Load1% within 365 days
- AUM (Fund size)₹86.62 Crore
- Lock-in periodNo Lock-in
- Age7 yrs since May 29, 2018
- Min. investmentSIP ₹500 & Lump. ₹5000
- RiskVery High
- Short-term capital gains (STCG)Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains (LTCG)After 1 year, pay tax of 12.5% on returns of ₹1.25 lakh+ in a financial year
Fund Distribution
Top Holdings
Top Sectors
| Holding Name | Assets (%) |
|---|---|
| HDFC Bank Ltd | 20.02% |
| ICICI Bank Ltd | 16.82% |
| Axis Bank Ltd | 9.45% |
| Bajaj Finance Ltd | 7.85% |
| State Bank of India | 7.26% |
Peer Comparison
Overview
Returns
Risk Ratios
| Fund Name | AUM (In Crs.) | NAV | Risk |
|---|---|---|---|
| SBI Banking & Financial S... | ₹ 8,450 Cr | ₹47.34 | 0.44% | Very High |
| UTI Banking and Financial... | ₹ 1,305 Cr | ₹212.81 | 0.06% | Very High |
| ICICI Prudential Banking ... | ₹ 9,930 Cr | ₹150.01 | 0.25% | Very High |
| Nippon India Banking & Fi... | ₹ 7,222 Cr | ₹675.91 | 0.25% | Very High |
NAV History
FUND | IDBI Banking Financial Services Fund Direct Growth |
|---|---|
| NAV (Jul 28, 2023) | ₹16.29 |
| Class | Equity | Financial services |
| Inception Date | May 29, 2018 |
| Fund Manager | Alok Ranjan |
FUND | IDBI Banking Financial Services Fund Direct Growth |
|---|---|
| Initial Price | ₹10 |
| Min. Investment Amount | SIP ₹500 and Lump. ₹5000 |
| Exit Load | 1% within 365 days |
Returns | 1W | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|
| IDBI Banking Financi... | -1.63% | 1.94% | 7.67% | 14.4% | 18.73% | 21.91% |
About IDBI Asset Management Limited
The motto of IDBI Mutual Fund is to drive financial inclusion in the country. The fund house intends to assist the common man and help him make informed decisions with respect to their investment. They intend to do this by offering mutual funds and introducing the people to capital markets.
IDBI Asset Management Limited Details
- No. of schemes40
- Total AUM₹4,120.2 Crore
- AddressLIC Mutual Fund Asset Management Limited, 4th Floor, Industrial Assurance Building, Mumbai, Maharashtra, 400 020
- Phone+91 022-66016000
Start your investment
Lumpsum
SIP
Amount
₹
Estimated value after 3 years
(as per historical returns)
9,059 ₹
The fund house has restricted SIP and Lumpsum (One-Time) investment in this fund right now.
