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IDFC Equity Savings Fund

IDFC Equity Savings Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

9.22

as on 07 Jun 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 13,034 today.

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NAV Performance

IDFC Equity Savings Fund performance graph for last 3 years
Performance of IDFC Equity Savings Fund for last 3 Years

Fund Information

  • ₹ 26.290

    as on 07 Jun 2023
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 93 Cr.

    as on 30 Apr 2023
  • 1.37%

  • 09 Jun 2008

  • Hybrid - Equity Savings

  • Nifty 50

  • 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

  • About Nemish Sheth

    Picture of Nemish ShethMr. 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.
  • About Viraj Kulkarni

    Picture of Viraj KulkarniMr. 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.
  • About Harshal Joshi

    Picture of Harshal JoshiMr. 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

Portfolio holdings pattern of IDFC Equity Savings Fund as on 08 Jun 2023 are listed below:

  • Equity Holdings:

    79.22%
  • Debt Holdings:

    3.40%
  • Others Holdings:

    17.38%

Top Sector Holdings of IDFC Equity Savings Fund

Name of SectorHolding PercentageHolding 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 StocksHolding PercentageHolding 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 TypeHolding PercentageHolding Values in Crore
NCD & Bonds 3.40% ₹ 3.18 Cr.
Others 96.60% -

Top Debt Holdings of IDFC Equity Savings Fund

Name of Debt InstrumentHolding PercentageHolding 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 TypeHolding Percentage
MF Units 9.16%
Margin 5.37%
TREPS 3.14%
Cash and Bank 0.01%
Net Receivables -0.30%