IDBI Banking & Financial Services Fund - Regular Plan (Growth)

Category: Equity: Sectoral-Banking and Financial Services
Launch Date: 28-05-2018
Asset Class: Equity
Benchmark: Nifty Financial Services TRI
Expense Ratio: 2.5% As on (31-12-2019)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 126.51 Cr As on (31-12-2019)
Turn over: 49% | Exit Load: 1% for redemption within 365 days

11.34

8.01%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
-
vs
Nifty Financial Services TRI
-
Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
There is no value for 2x
There is no value for 4x
There is no value for 5x
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

The scheme seeks to provide investors maximum growth opportunities and to achieve long term capital appreciation by predominantly investing in equity and equity related instruments of companies engaged in Banking and Financial Services Sector.

Current Asset Allocation (%)

Indicators

Volatility
Sharp Ratio
Alpha
Beta
Yield to Maturity -
Average Maturity -

PEER COMPARISON

Scheme Name Inception
Date
1 Year
Return(%)
2 Year
Return(%)
3 Year
Return(%)
5 Year
Return(%)
10 Year
Return(%)
IDBI Banking & Financial Services Fund - Regular Plan (Growth) 28-05-2018 15.6 - - - -
Sundaram Financial Services Opportunities Fund Reg Growth 10-06-2008 24.92 7.59 15.88 9.42 11.53
Tata Banking And Financial Services Fund-Regular Plan-Growth 18-12-2015 23.68 10.28 19.63 - -
Taurus Banking & Financial Services Fund - Regular Plan - Growth Option 22-05-2012 21.9 10.97 19.47 8.38 -
SBI Banking and Financial Services Fund - Regular Plan - Growth 01-02-2015 21.67 11.98 21.41 - -
Baroda Banking and Financial Services Fund - Plan A - Growth Option 22-06-2012 20.9 9.11 15.7 8.4 -
Invesco India Financial Services Fund - Retail Growth 14-07-2008 20.74 7.52 19.07 11.96 14.88
LIC MF Banking And Financial Services Fund-Regular Plan-Growth 23-03-2015 18.48 -2.08 7.46 - -
Aditya Birla Sun Life Banking and Financial Services Fund - Regular Plan - Growth 01-12-2013 15.83 3.9 15.34 12.02 -
ICICI Prudential Banking and Financial Services Fund - Growth 05-08-2008 14.31 4.95 16.51 12.41 16.78

Scheme Characteristics

Minimum investment in equity & equity related instruments of a particular sector/ particular theme - 80% of total assets.

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Small Cap

1.28%

Others

26.26%

Large Cap

67.73%

Mid Cap

4.73%

Scheme Documents

There are no scheme documents available

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#

Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **

# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund

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