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IDBI Equity Advantage Fund - Direct Plan

The Scheme will seek to invest predominantly in a diversified portfolio of equity and equity related instruments with the objective to provide investors with opportunities for capital appreciation and income along with the benefit of income-tax deduction(under section 80C of the Income-tax Act, 1961) on their investments. Investments in this scheme would be subject to a statutory lock-in of 3 years from the date of allotment to be eligible for income-tax benefits under Section 80C. There can be no assurance that the investment objective under the scheme will be realized.

Suitability

This product is suitable for investors who are seeking

• Long term capital growth l An Equity Linked Savings Scheme (ELSS)

• investing in equity and equity related instruments with the objective to provide investors with opportunities for capital appreciation and income along with the benefit of income-tax deduction (under section 80C of the Income-tax Act, 1961) on their investments, subject to a statutory lock-in of three years.

Fund Info

Scheme Class	Equity
Scheme Category	ELSS (Tax Savings)
Expense Ratio	1.21%
Min subscription	₹ 500

Scheme Type	Open-ended
Scheme AUM (in Crs.)	₹ 485
AMC AUM (in Crs.)	₹ 8,949
Min Addition Subscription	₹ 500

Benchmark Type

S&P BSE 200 India TR INR

Exit Load

Units locked in for 3 years, No exit load

Building Graph

Peer Comparison

Fund	Min SIP Inv.	Min Inv.	Returns 3Y
Mirae Asset ELSS Tax Saver Fund - Direct Plan	500	500	17.9%
Axis ELSS Tax Saver Fund - Direct Plan	500	500	10.02%
ICICI Prudential ELSS Tax Saver Fund - Direct Plan	500	500	18.24%
HSBC ELSS Tax saver Fund - Direct Plan	500	500	20.42%
Aditya Birla Sun Life ELSS Tax Saver - Direct Plan	500	500	14.01%
Tata ELSS Tax Saver Fund - Direct Plan	500	500	20.01%
Axis ELSS Tax Saver Fund - Direct Plan	500	500	10.02%
Bandhan ELSS Tax saver Fund - Direct Plan	500	500	21.22%

Top 10 Holdings

Company	Holding Type	Asset(%)
HDFC Bank Ltd	Equity	9
ICICI Bank Ltd	Equity	8
ABB India Ltd	Equity	7
State Bank of India	Equity	5
Cholamandalam Investment and Finance Co Ltd	Equity	5
Infosys Ltd	Equity	4
Axis Bank Ltd	Equity	4
Reliance Industries Ltd	Equity	4
Larsen & Toubro Ltd	Equity	4
Treps	Cash - Repurchase Agreement	3

Asset Allocation(%)

Asset	Percent
Equity	96
Cash - Repurchase Agreement	3
Cash - Collateral	0

Sector Allocation(%)

Sector	Percent
Financial Services	34
Basic Materials	18
Industrials	16
Technology	11
Consumer Cyclical	8

Fund Manager

Alok Ranjan

1+ years of experience

IDBI Mutual Fund

AUM₹8,949 Cr

About

Sponsored by IDBI Bank, the IDBI Asset Management Limited was incorporated under the Companies Act, 1956 in January 2010. IDBI bank is one the largest bank in the countries and has played a subsequently large role in the economic and financial progress of the country. It has been in the financial industry for over 40 years has developed itself into a commercial bank since then.##IDBI boasts of having a host a of innovative products and presents a wide counter of mutual funds keeping in mind investor objectives. The asset management company pioneers to bring about world class service to its investors through strategic investing decisions that will optimize investor capital.##The mission of the company states that it looks to assist a common man to make informed investment decisions through mutual funds, which will further help the investor attain prosperity through the capital market.

contactus@idbimutual.co.in

Phone

080-4149524

Address

IDBI Asset Management Ltd.,5th floor, Mafatlal Centre,,Nariman Point,, Mumbai - 400 021

Calculate Returns

Investment Amount

Expected Annual Return Rate(%)

Investment DurationYears6Months0

Investment Amount₹ 10000

Return Amount₹ 4185

Return Rate6 %

Duration6y 0m