Fund Performance
Lumpsum
SIP
25.20
as on 24 Mar 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 19,622 today.
NAV Performance
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
-
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
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
Top Sector Holdings of IDBI Banking & Financial Services Fund
| Name of Sector | Holding Percentage | Holding 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 Stocks | Holding Percentage | Holding 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 Type | Holding Percentage |
|---|---|
| TREPS | 0.23% |
| Net Receivables | -0.34% |