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IDBI Banking & Financial Services Fund

IDBI Banking & Financial Services Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

7.86

as on 02 Aug 2021

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 12,549 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

  • ₹ 12.650

    as on 02 Aug 2021
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 100 Cr.

    as on 02 Aug 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 ₹ 12.650 as on 02 Aug 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 15.19% 31.14% 75.85% 158.58% 56.12% 35.34% 28.50% 23.26% 174.29% 85.14% 56.36% 39.40% 26.22%
Category Average 3.42% 14.34% 21.38% 61.19% 28.39% 14.98% 13.87% 12.98% 59.56% 42.60% 28.56% 18.21% 15.23%
IDBI Banking & Financial Services Fund 0.40%₹ 10,039 5.68%₹ 10,568 2.93%₹ 10,292 50.42%₹ 15,041 34.99%₹ 14,159 12.17%₹ 12,587 24.22%₹ 30,309 7.86%₹ 12,549 15.56%₹ 45,338 - - - -
ICICI Prudential Technology Fund 8.20%₹ 10,819 28.24%₹ 12,824 38.81%₹ 13,881 106.48%₹ 20,648 101.70%₹ 17,872 56.12%₹ 24,401 85.14%₹ 48,480 35.34%₹ 24,809 56.36%₹ 77,183 28.50%₹ 35,062 39.40%₹ 1,56,210 23.26%₹ 81,086 26.22%₹ 4,82,374
Aditya Birla Sun Life Digital India Fund 5.84%₹ 10,583 23.51%₹ 12,351 34.23%₹ 13,422 91.30%₹ 19,130 88.82%₹ 17,185 53.49%₹ 23,586 74.88%₹ 45,194 33.06%₹ 23,577 51.67%₹ 72,937 27.46%₹ 33,668 37.25%₹ 1,48,644 20.51%₹ 64,720 24.91%₹ 4,49,344
Mirae Asset Healthcare Fund 2.09%₹ 10,209 13.96%₹ 11,396 27.99%₹ 12,799 47.04%₹ 14,704 51.25%₹ 15,104 53.67%₹ 23,641 57.84%₹ 39,936 31.36%₹ 22,685 44.49%₹ 66,743 - - - -
Tata Digital India Fund 6.85%₹ 10,685 24.20%₹ 12,419 34.31%₹ 13,430 90.70%₹ 19,070 92.00%₹ 17,356 49.30%₹ 22,315 73.51%₹ 44,762 30.66%₹ 22,321 49.53%₹ 71,055 26.80%₹ 32,800 36.90%₹ 1,47,450 - -
SBI Technology Opportunities Fund 8.02%₹ 10,802 25.25%₹ 12,525 33.46%₹ 13,345 83.87%₹ 18,387 89.09%₹ 17,200 46.05%₹ 21,352 67.65%₹ 42,932 30.29%₹ 22,132 47.01%₹ 68,880 23.26%₹ 28,465 34.03%₹ 1,37,924 - -

Portfolio Holdings

Portfolio holdings pattern of IDBI Banking & Financial Services Fund as on 04 Aug 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%