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IDBI Banking & Financial Services Fund

IDBI Banking & Financial Services Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

15.21

as on 21 Oct 2021

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 15,309 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

  • ₹ 14.330

    as on 21 Oct 2021
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 100 Cr.

    as on 21 Oct 2021
  • 2.57%

    since 31 May 2021
  • 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 ₹ 14.330 as on 21 Oct 2021.

This fund has 3 years of track record. Since 31 May 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 Uma Venkatraman

    Picture of Uma VenkatramanPrior to joining IDBI Mutual Fund, she had worked with B&K Securities, ASK Raymond James, Morgan Keegan and UTI Mutual Fund.

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 11.85% 23.66% 49.18% 124.67% 66.11% 41.03% 32.73% 25.69% 109.10% 96.61% 65.45% 43.92% 28.15%
Category Average 3.33% 11.03% 26.80% 63.07% 29.69% 21.95% 14.69% 14.80% 53.74% 47.48% 33.03% 20.63% 16.20%
IDBI Banking & Financial Services Fund 5.29%₹ 10,529 14.46%₹ 11,445 24.93%₹ 12,493 53.10%₹ 15,309 40.73%₹ 14,500 16.67%₹ 13,634 36.83%₹ 33,805 15.21%₹ 15,309 23.74%₹ 50,846 - - - -
ICICI Prudential Technology Fund 1.82%₹ 10,181 22.69%₹ 12,268 49.18%₹ 14,918 90.64%₹ 19,063 98.57%₹ 17,717 66.11%₹ 27,745 96.61%₹ 52,264 41.03%₹ 28,129 65.45%₹ 85,890 32.73%₹ 41,223 43.92%₹ 1,73,202 25.69%₹ 98,587 28.15%₹ 5,35,520
Aditya Birla Sun Life Digital India Fund 1.67%₹ 10,167 19.13%₹ 11,913 41.56%₹ 14,155 81.88%₹ 18,188 85.63%₹ 17,022 59.04%₹ 25,423 83.28%₹ 47,881 40.20%₹ 27,636 59.38%₹ 80,021 31.51%₹ 39,360 41.13%₹ 1,62,539 22.93%₹ 78,922 26.78%₹ 4,97,183
Tata Digital India Fund 2.16%₹ 10,216 23.66%₹ 12,366 47.10%₹ 14,709 85.68%₹ 18,567 97.15%₹ 17,641 59.44%₹ 25,552 87.41%₹ 49,224 39.14%₹ 27,012 60.17%₹ 80,766 32.22%₹ 40,446 42.18%₹ 1,66,500 - -
Quant Infrastructure Fund 9.80%₹ 10,979 19.00%₹ 11,899 42.91%₹ 14,290 119.83%₹ 21,982 109.10%₹ 18,273 52.20%₹ 23,271 90.80%₹ 50,336 38.85%₹ 26,841 59.07%₹ 79,726 22.57%₹ 27,682 34.70%₹ 1,40,114 13.48%₹ 35,437 21.10%₹ 3,65,681
SBI Technology Opportunities Fund 1.26%₹ 10,126 18.52%₹ 11,851 40.41%₹ 14,040 76.78%₹ 17,677 81.36%₹ 16,790 52.37%₹ 23,324 73.70%₹ 44,822 36.46%₹ 25,473 52.87%₹ 74,024 27.40%₹ 33,587 37.23%₹ 1,48,598 - -

Portfolio Holdings

Portfolio holdings pattern of IDBI Banking & Financial Services Fund as on 22 Oct 2021 are listed below:

  • Equity Holdings:

    89.77%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    10.23%

Top Sector Holdings of IDBI Banking & Financial Services Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 51.80% ₹ 51.98 Cr.
Housing Finance 18.06% ₹ 18.13 Cr.
NBFC 16.60% ₹ 16.67 Cr.
Insurance 2.60% ₹ 2.60 Cr.
Investment Companies 0.71% ₹ .71 Cr.
Others 10.23% -

Top Stock Holdings of IDBI Banking & Financial Services Fund

Name of StocksHolding PercentageHolding Values in Crore
HDFC Bank Ltd. 17.75% ₹ 17.81 Cr.
ICICI Bank Ltd. 13.94% ₹ 14.00 Cr.
Housing Development Finance Corporation Ltd. 11.34% ₹ 11.38 Cr.
Bajaj Finance Ltd. 5.96% ₹ 5.99 Cr.
Kotak Mahindra Bank Ltd. 5.27% ₹ 5.29 Cr.
Others 45.74% -

Other Holdings

Holding TypeHolding Percentage
TREPS 10.34%
Net Receivables -0.11%