IDBI Equity Savings Fund Growth Option
(Erstwhile IDBI Monthly Income Plan Growth Option)
| Category: Hybrid: Equity Savings |
| Launch Date: 07-03-2011 |
| Asset Class: Mixed Asset |
| Benchmark: CRISIL Liquid (40), NIFTY 50 Total Return (30), CRISIL Short-Term Bond (30) |
| Expense Ratio: 2.18% As on (29-02-2020) |
| Status: Open Ended Schemes |
| Minimum Investment: 5000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 12.03 Cr As on (29-02-2020) |
| Turn over: 459% | Exit Load: 1% for redemption within 365 days |
15.597
0.03 (0.2231%)
5.01%
NIFTY 50 TRI 11.63%
PERFORMANCE
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Investment Objective
The scheme seeks to provide regular income along with opportunities for capital appreciation through investments in a diversified basket of debt instruments, equity and money market instruments.
Current Asset Allocation (%)
Indicators
| Volatility | 3.64 |
| Sharp Ratio | 1.12 |
| Alpha | -2.44 |
| Beta | 1.01 |
| Yield to Maturity | 6.59 |
| Average Maturity | 0.86 |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| IDBI Equity Savings Fund Growth Option | 07-03-2011 | -4.52 | -1.48 | 0.01 | 1.86 | - |
| Edelweiss Equity Savings Fund - Regular Plan - Growth Option | 13-10-2014 | 0.99 | 3.01 | 5.38 | 5.43 | - |
| Baroda Equity Savings Fund - Regular Plan - Growth | 18-07-2019 | - | - | - | - | - |
| Invesco India Equity Savings Fund - Regular Plan - Growth | 05-02-2019 | -2.58 | - | - | - | - |
| Union Equity Savings Fund - Regular Plan - Growth Option | 02-08-2018 | -2.88 | - | - | - | - |
| Kotak Equity Savings Fund - Regular - Growth | 11-10-2014 | -4.74 | 0.76 | 3.45 | 4.78 | - |
| Mirae Asset Equity Savings Fund- Regular Plan- Growth | 05-12-2018 | -4.87 | - | - | - | - |
| Tata Equity Savings Fund -Regular Plan-Growth | 26-04-1997 | -4.9 | -0.29 | 1.09 | 2.7 | 5.53 |
| Sundaram Equity Savings Fund Regular Growth | 30-11-2018 | -5.12 | - | - | - | - |
| PGIM India Equity Savings Fund - Growth Option | 29-01-2004 | -5.45 | -0.05 | 1.79 | 4.21 | 6.64 |
Scheme Characteristics
Minimum investment in equity & equity related instruments - 65% of total assets and minimum investment in debt - 10% of total assets. Minimum hedged & unhedged to be stated in the SID. Asset Allocation under defensive considerations may also be stated in the Offer Document.
Riskometer
PORTFOLIO
Market Cap Distribution
Small Cap
4.6%
Others
35.48%
Large Cap
44.73%
Mid Cap
15.19%
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
