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IDBI Banking & Financial Services Fund

IDBI Banking & Financial Services Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

25.20

as on 24 Mar 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 19,622 today.

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NAV Performance

IDBI Banking & Financial Services Fund performance graph for last 3 years
Performance of IDBI Banking & Financial Services Fund for last 3 Years

Fund Information

  • ₹ 13.010

    as on 24 Mar 2023
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 91 Cr.

    as on 31 Dec 2021
  • 2.57%

  • 04 Jun 2018

  • Equity - Sectoral/Thematic

  • Nifty Financial Services TRI

  • IDBI Mutual Fund

    Show All Funds
  • IDBI Banking & Financial Services Fund - Growth charges 1.0% of sell value; if fund sold before 365 days. There are no other charges.

Highlights of this fund

IDBI Banking & Financial Services Fund is an Open-ended Equity Fund. The fund belongs to Sectoral/Thematic category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 04 Jun 2018. This fund is offered by one of the top AMC (Assets Management Company) IDBI Mutual Fund. You can also view here all other Equity funds offered by IDBI Mutual Fund.

Latest NAV of the fund is ₹ 13.010 as on 24 Mar 2023.

This fund has 4 years of track record. Since 31 Oct 2021 expense ratio of this fund is 2.57%. Ideally you shoulds compare this fund with the benchmark Nifty Financial Services TRI.

You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 5,000.

Fund Objective

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

List of Fund Managers of IDBI Banking & Financial Services Fund

  • About Alok Ranjan

    Picture of Alok Ranjan

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Very High Risk

Fund Return Comparison

Fund Name 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 2.72% 5.58% 19.02% 21.96% 38.01% 60.44% 20.38% 19.91% 21.65% 23.01% 34.58% 27.33% 19.20%
Category Average -1.88% -2.24% -1.77% 2.16% 11.36% 31.57% 10.69% 13.87% 0.91% 3.62% 14.59% 13.68% 12.53%
IDBI Banking & Financial Services Fund -2.25%₹ 9,774 -5.72%₹ 9,427 -3.49%₹ 9,651 4.00%₹ 10,399 -0.42%₹ 11,973 3.82%₹ 10,778 0.41%₹ 24,103 25.20%₹ 19,622 9.91%₹ 41,771 - - - -
ICICI Prudential Commodities Fund -0.76%₹ 9,923 -1.10%₹ 9,889 2.92%₹ 10,292 4.37%₹ 10,436 8.62%₹ 12,549 25.94%₹ 15,861 10.62%₹ 26,694 60.44%₹ 41,299 33.14%₹ 57,632 - - - -
Quant Infrastructure Fund -0.98%₹ 9,901 -5.73%₹ 9,427 -8.83%₹ 9,116 3.82%₹ 10,382 -3.48%₹ 11,775 26.19%₹ 15,925 8.84%₹ 26,235 59.56%₹ 40,622 33.04%₹ 57,558 19.70%₹ 24,599 27.33%₹ 1,17,666 17.83%₹ 51,666 19.20%₹ 3,29,661
Quant Consumption Fund -1.58%₹ 9,841 -5.66%₹ 9,433 -7.82%₹ 9,217 0.70%₹ 10,069 -3.19%₹ 11,793 20.48%₹ 14,514 4.76%₹ 25,195 50.93%₹ 34,378 23.70%₹ 50,780 16.95%₹ 21,895 22.82%₹ 1,05,616 19.48%₹ 59,382 19.09%₹ 3,27,712
ICICI Prudential Infrastructure Fund 0.69%₹ 10,069 2.65%₹ 10,264 9.02%₹ 10,901 21.96%₹ 12,195 21.65%₹ 13,353 29.10%₹ 16,667 23.01%₹ 29,965 48.40%₹ 32,680 34.58%₹ 58,730 14.49%₹ 19,686 23.48%₹ 1,07,318 15.14%₹ 41,021 15.73%₹ 2,73,425
ICICI Prudential Technology Fund -6.52%₹ 9,348 -1.93%₹ 9,806 2.77%₹ 10,277 -20.60%₹ 7,939 -9.43%₹ 11,383 9.38%₹ 11,963 -5.73%₹ 22,587 43.83%₹ 29,751 15.88%₹ 45,522 20.38%₹ 25,302 20.36%₹ 99,515 19.91%₹ 61,586 18.66%₹ 3,20,278

Portfolio Holdings

Portfolio holdings pattern of IDBI Banking & Financial Services Fund as on 26 Mar 2023 are listed below:

  • Equity Holdings:

    100.11%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    -0.11%

Top Sector Holdings of IDBI Banking & Financial Services Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 59.97% ₹ 53.31 Cr.
NBFC 18.43% ₹ 16.40 Cr.
Housing Finance 18.32% ₹ 16.30 Cr.
Insurance 2.72% ₹ 2.42 Cr.
Investment Companies 0.67% ₹ .60 Cr.
Others -.11% -

Top Stock Holdings of IDBI Banking & Financial Services Fund

Name of StocksHolding PercentageHolding Values in Crore
HDFC Bank Ltd. 19.79% ₹ 17.59 Cr.
ICICI Bank Ltd. 18.47% ₹ 16.42 Cr.
Housing Development Finance Corporation Ltd. 13.37% ₹ 11.89 Cr.
Bajaj Finance Ltd. 7.45% ₹ 6.63 Cr.
Kotak Mahindra Bank Ltd. 5.28% ₹ 4.69 Cr.
Others 35.64% -

Other Holdings

Holding TypeHolding Percentage
TREPS 0.23%
Net Receivables -0.34%