IDBI Equity Advantage Fund Direct

Scheme Type
Open-ended
Scheme Category
ELSS (Tax Savings)
Benchmark Type
S&P BSE 200
Scheme AUM (in Crs.)
₹ 602.5
Expense Ratio
0.82%
Scheme Class
Equity
AMC AUM (in Crs.)
₹ 8599
Min Subscription
₹ 500
Min Addition Subscription
₹ 500
Performance
Comparison
Portfolio
Details
Analysis
27.51
(0.7 %)
NAV as on 2019-01-15
Returns
Fund
IDBI Equity Advantage Fund Direct
1 Year
-2.65%
3 Year
12.24%
5 Year
19.56%
AMC Details
amc launch date
Launch Date
29 Mar 2010
amc sponsor
Sponsor
NA
amc email
Email
contactus@idbimutual.co.in
amc phone
Phone
022 - 66442800
amc address
Address
IDBI Mutual Fund Limited,,IDBI Building, Second Floor,,Plot No. 39/40/41, Sector 11,,CBD Belapur, Navi Mumbai - 400 614
Tax Implications
Short Term Capital Gain (Holding period < 12months):
17.16% - 17.94%
(15% + Surcharge @ 10%-15% + 4% Health & Education Cess.)
Long Term Capital Gain:
10% without indexation & without foreign currency conversion benefit + Surcharge @10%-15% + 4% Health & Education Cess
Taxation on Dividends:
10%
(Dividend Distribution Tax is paid by the mutual funds and not by investors.)
Risk
Moderately High
Exit Load
N.A.
Scheme Information Document (SID)
Read mutual fund scheme information document on AMC website to know fund information in detail.
Objective
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.
SIP/Lump Sum Calculator
Enter Investment Amount
For how many years?
0.5 Yrs
1,000
Investment per month for 0.5 Years
5,954
Portfolio Value
-46
Total Returns