IDBI Equity Advantage Fund
Equity : ELSSGrowth
Fund Information
Performance
Monthly SIP of for
Total investment ₹36,000
| Total Value | Gain | Return % | |
|---|---|---|---|
| Bank FD | 39,824 | 3,824 | 6.5% |
| Gold | 40,770 | 4,770 | 8.00% |
Fund Managed By
Fund managers make investment decisions, optimizing returns and managing risks for portfolios. Responsibilities include market analysis, performance monitoring. IDBI Equity Advantage Fund managed by following fund manager(s);
Return Comparison
Peer fund returns can vary based on the collaborative nature and specific strategies employed by fund managers of these funds listed in below table, often showcasing different risk-return profiles compared to strategy adopted by IDBI Equity Advantage Fund. Below table demonstrate the returns generated by some peer funds and compare tho this fund and average return generate by the Equity, ELSS fund category these peer funds belongs to.
| Fund Name | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|
| Category Best | 27.06% | 27.06% | 27.06% | 42.42% | 25.52% | 23.34% | 25.93% | 20.68% |
| Category Average | 1.44% | 3.34% | 7.03% | 2.51% | 17.26% | 16.11% | 19.42% | 14.14% |
| IDBI Equity Advantage Fund | - | - | - | - | - | - | - | - |
| Motilal Oswal ELSS Tax Saver Fund | -1.10% | 0.97% | 11.70% | -2.51% | 24.49% | 23.34% | 24.00% | 16.76% |
| SBI ELSS Tax Saver Fund | 1.38% | 2.94% | 5.91% | 2.04% | 22.98% | 22.62% | 24.44% | 14.88% |
| HDFC ELSS Tax Saver Fund | 0.44% | 3.52% | 6.05% | 6.84% | 22.60% | 20.60% | 24.61% | 14.40% |
| ITI ELSS Tax Saver Fund | 1.51% | 4.65% | 11.45% | 1.57% | 20.29% | 19.69% | 18.90% | - |
| JM ELSS Tax Saver Fund | 0.53% | 5.39% | 10.24% | -0.11% | 20.90% | 19.61% | 21.52% | 16.21% |
Fund Portfolio Details
Portfolio details of a fund generally refer to a comprehensive breakdown of the investments held within a specific investment vehicle, such as a mutual fund or exchange-traded fund (ETF). Portfolio details of IDBI Equity Advantage Fund are shown below;
Riskometer
Investors understand that their
principal
will be at Very High risk