IDBI Equity Advantage Fund

Fund Information

• What is the Fund Size of IDBI Equity Advantage Fund?

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• Which Plan this mutual fund scheme shown here?

  IDBI Equity Advantage Fund shown here is of Growth plan.

• What is the Expense Ratio for IDBI Equity Advantage Fund?

  The Total Expense Ratio (TER) of the fund is 2.43%. The Total Expense Ratio (TER) is a measure that represents the total costs associated with managing and operating a mutual fund as a percentage of its average Assets under Management (AUM). It provides an insight into the overall expenses they will incur by investing in the fund.

• Which category of Equity Funds does IDBI Equity Advantage Fund belong and what are the characteristics of this category?

  IDBI Equity Advantage Fund is an Equity oriented mutual fund in the - ELSS Fund category.
  
  

• What is the Benchmark of this fund?

  NIFTY 500 TRI is the benchmark for IDBI Equity Advantage Fund. A benchmark for a mutual fund serves as a standard for performance comparison, helping investors assess how well the fund is meeting its objectives and how it fares against relevant market indicators. Investors often compare the fund's performance with the benchmark as well as its peers.

• What is the Inception Date of this fund?

  The inception date of a mutual fund refers to the date when the fund was first established and began operations. It is the starting point from which the fund's performance, returns, and other key metrics are calculated. The fund was started on 10 Sep 2013 as at present it is 12 years old fund.

• What is the name of the AMC of this fund?

  Name of the AMC is IDBI Mutual Fund. Click here to know more about IDBI Mutual Fund.

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);