Fund Performance
Lumpsum
SIP
9.22
as on 07 Jun 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 13,034 today.
NAV Performance
Fund Information
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₹ 26.290
as on 07 Jun 2023 -
Regular - Growth
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-
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₹ 5,000
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₹ 93 Cr.
as on 30 Apr 2023 -
1.37%
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09 Jun 2008
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Nifty 50
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IDFC Mutual Fund
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Highlights of this fund
IDFC Equity Savings Fund is an Open-ended Hybrid Fund. The fund belongs to Equity Savings 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 09 Jun 2008. This fund is offered by one of the top AMC (Assets Management Company) IDFC Mutual Fund. You can also view here all other Hybrid funds offered by IDFC Mutual Fund.
Latest NAV of the fund is ₹ 26.290 as on 07 Jun 2023.
This fund has 15 years of track record. Since 31 Mar 2023 expense ratio of this fund is 1.37%. Ideally you shoulds compare this fund with the benchmark Nifty 50.
You can invest in this fund in SIP with the minimum investment of ₹ 100. Lumpsum invest is offered with minimum investment of ₹ 5,000.
Fund Objective
To generate income by predominantly investing in arbitrage opportunities in the cash and derivatives segments of the equity markets along with debt and money market instruments and to generate long-term capital appreciation by investing a portion of the Scheme’s assets in equity and equity related instruments.
List of Fund Managers of IDFC Equity Savings Fund
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About Nemish Sheth
Mr. Sheth is a B.Com, PGDM(FINANCE) Prior to joining IDFC AMC, he has worked with Nippon Life India Asset Management Ltd. and ICICI Prudential Asset Management Company Ltd.
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About Viraj Kulkarni
Mr. Viraj Kulkarni is a Manager - Fund Management team at IDFC Asset Management Company Ltd. He is the dedicated fund manager for foreign securities. Mr. Kulkarni has an experience spanning of over 5 years in Finance Industry. He has been associated with IDFC AMC since September 2015. Prior to joining IDFCAMC he was associated with Franklin Templeton Asset Management (India) Pvt. Ltd. (May 2014 – Sept.2015). Prior to that he was associated with Goldman Sachs Services India (June 2010 – May 2012) as an Analyst for Wealth Management Technology Mr. Kulkarni holds holds a degree Bachelor’s degree of Technology(Electronics) and a Post Graduate Diploma in Management (Finance) and is a CFA.
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About Harshal Joshi
Mr. Harshal Joshi is Associate Vice President - Fund Management at IDFC Asset Management Company Limited. Mr. Joshi has experience spanning of over 9 years in Mutual Fund. He has been associated with IDFC AMC since December’2008 with Fixed Income Investment team. Prior to the same he was associated with ICAP India Pvt. Ltd. (2006 to 2007). He holds a PGDBM (N.L.Dalmia Institute of Management Studies and Research) and Masters Degree in Commerce
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Moderate 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 | 3.40% | 5.92% | 6.26% | 11.88% | 8.80% | 15.01% | 9.19% | 9.48% | 13.03% | 9.05% | 10.28% | 10.68% | 9.19% |
| Category Average | 2.18% | 3.68% | 3.26% | 9.16% | 6.42% | 11.34% | 7.24% | 7.50% | 9.27% | 6.45% | 8.04% | 8.35% | 7.67% |
| IDFC Equity Savings Fund | 1.70%₹ 10,169 | 2.95%₹ 10,295 | 3.05%₹ 10,304 | 7.39%₹ 10,739 | 7.43%₹ 12,475 | 5.26%₹ 11,078 | 5.38%₹ 25,354 | 9.22%₹ 13,034 | 6.50%₹ 39,721 | 6.35%₹ 13,607 | 7.04%₹ 71,672 | 6.54%₹ 18,843 | 6.40%₹ 1,66,678 |
| L&T Equity Savings Fund | 2.71%₹ 10,271 | 5.92%₹ 10,592 | 6.26%₹ 10,626 | 10.74%₹ 11,074 | 13.03%₹ 12,827 | 7.64%₹ 11,586 | 8.31%₹ 26,104 | 15.01%₹ 15,226 | 10.23%₹ 41,970 | 7.65%₹ 14,457 | 9.82%₹ 76,827 | 8.33%₹ 22,259 | 8.25%₹ 1,83,719 |
| Principal Equity Savings Fund | 2.92%₹ 10,292 | 4.06%₹ 10,405 | 2.89%₹ 10,289 | 10.08%₹ 11,008 | 9.61%₹ 12,613 | 8.71%₹ 11,818 | 7.44%₹ 25,879 | 14.60%₹ 15,063 | 10.05%₹ 41,862 | 9.19%₹ 15,527 | 10.68%₹ 78,472 | 7.86%₹ 21,319 | 9.07%₹ 1,91,847 |
| Mirae Asset Equity Savings Fund | 2.34%₹ 10,233 | 4.56%₹ 10,455 | 3.15%₹ 10,315 | 10.95%₹ 11,095 | 10.25%₹ 12,653 | 7.07%₹ 11,464 | 7.16%₹ 25,809 | 14.28%₹ 14,934 | 9.34%₹ 41,429 | - | - | - | - |
| HDFC Equity Savings Fund | 1.78%₹ 10,178 | 3.58%₹ 10,357 | 2.80%₹ 10,280 | 10.31%₹ 11,031 | 9.52%₹ 12,607 | 7.51%₹ 11,559 | 7.39%₹ 25,866 | 13.93%₹ 14,799 | 10.05%₹ 41,859 | 8.45%₹ 15,002 | 9.86%₹ 76,903 | 9.48%₹ 24,754 | 9.19%₹ 1,93,043 |
| Mahindra Manulife Equity Savings Dhan Sanchay Yojana | 2.54%₹ 10,253 | 3.33%₹ 10,332 | 1.26%₹ 10,125 | 7.23%₹ 10,722 | 6.90%₹ 12,442 | 6.06%₹ 11,248 | 4.83%₹ 25,214 | 13.57%₹ 14,657 | 7.95%₹ 40,590 | 8.74%₹ 15,210 | 9.39%₹ 76,004 | - | - |
Portfolio Holdings
Top Sector Holdings of IDFC Equity Savings Fund
| Name of Sector | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Banks | 12.15% | ₹ 11.34 Cr. |
| Pharmaceuticals | 9.22% | ₹ 8.61 Cr. |
| Passenger/Utility vehicles | 7.53% | ₹ 7.02 Cr. |
| Computers - Software | 5.01% | ₹ 6.16 Cr. |
| Personal care | 6.18% | ₹ 5.77 Cr. |
| Others | 59.91% | - |
Top Stock Holdings of IDFC Equity Savings Fund
| Name of Stocks | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Reliance Industries Ltd. | 5.31% | ₹ 4.96 Cr. |
| Indusind Bank Ltd. | 4.45% | ₹ 4.15 Cr. |
| Tata Motors Ltd. | 4.17% | ₹ 3.89 Cr. |
| Bajaj Finance Ltd. | 3.98% | ₹ 3.72 Cr. |
| Tata Consultancy Services Ltd. | 3.81% | ₹ 3.56 Cr. |
| Others | 78.28% | - |
Top Debt Instrument Type holdings of IDFC Equity Savings Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| NCD & Bonds | 3.40% | ₹ 3.18 Cr. |
| Others | 96.60% | - |
Top Debt Holdings of IDFC Equity Savings Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - Rural Electrification Corporation Limited | 3.40% | ₹ 3.18 Cr. |
| Bond - Britannia Industries Ltd. | 0.00% | ₹ .00 Cr. |
| Others | 96.60% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| MF Units | 9.16% |
| Margin | 5.37% |
| TREPS | 3.14% |
| Cash and Bank | 0.01% |
| Net Receivables | -0.30% |