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IDBI Banking & Financial Services Fund

IDBI Banking & Financial Services Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

21.26

as on 27 Jul 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 17,832 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

  • ₹ 15.300

    as on 27 Jul 2023
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 84 Cr.

    as on 31 May 2023
  • 2.52%

  • 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 ₹ 15.300 as on 27 Jul 2023.

This fund has 5 years of track record. Since 28 Feb 2023 expense ratio of this fund is 2.52%. 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 RanjanMr. Ranjan has done MBA (Finance), BSc Physics (Honors) Prior to joining IDBI Asset Management Limited he was associated with Shriram Asset Management Ltd. as Fund Manager (Equity), Way2wealth Securities Ltd. as Head of Research and Advisory and First Global Ltd. as Vice President- Research.

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 9.55% 21.62% 36.88% 38.44% 38.01% 45.43% 25.50% 23.54% 54.23% 37.48% 35.76% 31.74% 21.08%
Category Average 2.26% 8.69% 21.73% 18.61% 11.09% 26.17% 14.78% 16.12% 29.57% 19.32% 19.62% 20.23% 15.17%
IDBI Banking & Financial Services Fund 2.82%₹ 10,282 8.36%₹ 10,835 14.26%₹ 11,426 - - - - - - - - - -
ICICI Prudential Infrastructure Fund 2.81%₹ 10,280 11.08%₹ 11,108 23.08%₹ 12,307 32.75%₹ 13,274 39.12%₹ 14,411 26.00%₹ 15,877 32.76%₹ 32,673 45.43%₹ 30,755 35.60%₹ 59,589 20.29%₹ 25,210 29.95%₹ 1,25,327 18.09%₹ 52,834 18.33%₹ 3,14,802
Quant Infrastructure Fund 2.30%₹ 10,230 9.81%₹ 10,981 18.67%₹ 11,867 8.03%₹ 10,803 20.00%₹ 13,262 16.67%₹ 13,610 17.05%₹ 28,394 43.33%₹ 29,443 26.71%₹ 52,953 25.50%₹ 31,169 31.74%₹ 1,30,741 21.69%₹ 71,350 21.06%₹ 3,64,761
ICICI Prudential Commodities Fund 1.98%₹ 10,198 7.45%₹ 10,745 16.64%₹ 11,663 19.43%₹ 11,943 25.48%₹ 13,597 12.70%₹ 12,700 19.86%₹ 29,143 43.14%₹ 29,325 26.25%₹ 52,621 - - - -
HDFC Infrastructure Fund 2.35%₹ 10,234 16.17%₹ 11,617 36.88%₹ 13,687 35.71%₹ 13,570 54.23%₹ 15,288 25.81%₹ 15,828 37.33%₹ 33,960 42.53%₹ 28,957 35.76%₹ 59,718 13.68%₹ 19,000 26.31%₹ 1,14,946 14.76%₹ 39,670 13.37%₹ 2,41,097
DSP India T.I.G.E.R. Fund 1.58%₹ 10,158 13.53%₹ 11,352 30.43%₹ 13,043 30.69%₹ 13,068 45.92%₹ 14,809 21.64%₹ 14,796 32.20%₹ 32,517 41.54%₹ 28,358 32.56%₹ 57,259 19.34%₹ 24,232 27.62%₹ 1,18,602 18.83%₹ 56,263 17.83%₹ 3,06,373

Portfolio Holdings

Portfolio holdings pattern of IDBI Banking & Financial Services Fund as on 24 Sep 2023 are listed below:

  • Equity Holdings:

    98.59%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    1.41%

Top Sector Holdings of IDBI Banking & Financial Services Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 65.22% ₹ 56.28 Cr.
NBFC 18.36% ₹ 15.85 Cr.
Housing Finance 11.98% ₹ 10.34 Cr.
Insurance 2.48% ₹ 2.15 Cr.
Investment Companies 0.55% ₹ .48 Cr.
Others 1.41% -

Top Stock Holdings of IDBI Banking & Financial Services Fund

Name of StocksHolding PercentageHolding Values in Crore
HDFC Bank Ltd. 19.03% ₹ 16.42 Cr.
ICICI Bank Ltd. 18.25% ₹ 15.75 Cr.
Housing Development Finance Corporation Ltd. 8.82% ₹ 7.61 Cr.
Axis Bank Ltd. 8.79% ₹ 7.59 Cr.
Bajaj Finance Ltd. 7.69% ₹ 6.64 Cr.
Others 37.42% -

Other Holdings

Holding TypeHolding Percentage
TREPS 1.09%
Net Receivables 0.32%