IDBI Banking & Financial Services Fund – Dir Growth
₹ 500
Min SIP
₹ 5,000
Min Lumpsum
1.5 %
Expense Ratio
Rating
86
Fund Size (in Cr)
6 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
-
Invested Amount--
-
Wealth Gained--
-
Expected Amount--
Scheme Performance
| 1Y | 1Y | 3Y | 3Y | 5Y | 5Y | Max | Max | |
|---|---|---|---|---|---|---|---|---|
| Trailing Returns | 25.5% | 21.8% | 10.4% | 10.3% | ||||
| Category Average | 24.8% | 22.8% | 13.4% | - |
Scheme Allocation
By Holding
By Sector
By Asset
Advance Ratio
-0
Alpha
1.29
SD
1.17
Beta
0.06
Sharpe
Exit Load
| Exit Load | 1% - For exit (repurchase/switch-out/transfer/swp) within 12 months from the date of allotment. Nil - For exit after 12 month from the date of allotment. |
|---|
Fund Objective
The objective of the scheme is 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. However there can be no assurance that the investment objective under the scheme will be realized.
Fund Managers
Alok Ranjan - Equity - Fund Manager
Mr. Alok Ranjan is the Head Equity and Fund Manager at IDBI Mutual Fund. He has about 25 years of experience in different fields of financial services. His educational qualifications include MBA (Finance) and B.Sc Physics (Honors). Before joining IDBI Mutual Fund, he worked with Shriram Asset Management Ltd.(Fund Manager), Way2wealth Securities Ltd.(Head of Research), and Advisory First Global Ltd.(Vice President Research).
Risk-O-Meter
Peer Comparison
Fund Name
- Fund Name
- Fund Size(Cr.)
- 1Y
- 3Y
- 5Y
-
- Equity .
- Sectoral / Thematic .
-
- 2,917
-
32.9%Fund Size - 2,917
-
40.8%Fund Size - 2,917
-
19.8%Fund Size - 2,917
-
- Equity .
- Sectoral / Thematic .
-
- 1,486
-
29.3%Fund Size - 1,486
-
36.9%Fund Size - 1,486
-
17.4%Fund Size - 1,486
-
- Equity .
- Sectoral / Thematic .
-
- 110
-
19.6%Fund Size - 110
-
32.7%Fund Size - 110
-
16.6%Fund Size - 110
-
- Equity .
- Sectoral / Thematic .
-
- 989
-
26.4%Fund Size - 989
-
29%Fund Size - 989
-
15.4%Fund Size - 989
-
- Equity .
- Sectoral / Thematic .
-
- 10,722
-
7%Fund Size - 10,722
-
28.8%Fund Size - 10,722
-
21.1%Fund Size - 10,722
AMC Contact Details
IDBI Mutual Fund
AUM:
3,740 Cr
Address:
4th Floor, IDBI Tower, WTC Complex,
Cuffe Parade, Colaba,
Mumbai - 400005
Contact:
022 - 66442800
Email ID:
contactus@idbimutual.co.in
More Funds from IDBI Mutual Fund
Fund Name
- Fund Name
- Fund Size(Cr.)
- 1Y
- 3Y
- 5Y
-
- Hybrid .
- Aggressive Hybrid .
-
- 179
-
14.7%Fund Size - 179
-
15.5%Fund Size - 179
-
8.6%Fund Size - 179
-
- Equity .
- ELSS .
-
- 484
-
20%Fund Size - 484
-
21.7%Fund Size - 484
-
11.8%Fund Size - 484
-
- Other .
- Index .
-
- 207
-
19.7%Fund Size - 207
-
21.8%Fund Size - 207
-
13.2%Fund Size - 207
-
- Equity .
- Large Cap .
-
- 654
-
18.9%Fund Size - 654
-
23.4%Fund Size - 654
-
14.9%Fund Size - 654
-
- Equity .
- Flexi Cap .
-
- 382
-
17.2%Fund Size - 382
-
24.1%Fund Size - 382
-
14.4%Fund Size - 382
Mutual Funds By Category
Equity
Debt
Hybrid
equity
Large Cap
Fund Name
Mid Cap
Fund Name
Small Cap
Fund Name
Multi Cap
Fund Name
ELSS
Fund Name
Dividend Yield
Fund Name
Sectoral / Thematic
Fund Name
Focused
Fund Name
debt
Ultra Short Duration
Fund Name
Liquid
Fund Name
Gilt
Fund Name
Long Duration
Fund Name
Overnight
Fund Name
Floater
Fund Name
hybrid
Arbitrage
Fund Name
Equity Savings
Fund Name
Aggressive Hybrid
Fund Name
- Fund Name
- Fund Size(Cr.)
- 1Y
- 3Y
- 5Y
-
- Equity .
- Large Cap .
-
- 654
-
18.9%Fund Size - 654
-
23.4%Fund Size - 654
-
14.9%Fund Size - 654
-
- Equity .
- Large Cap .
-
- 10,202
-
10%Fund Size - 10,202
-
19.8%Fund Size - 10,202
-
14.4%Fund Size - 10,202
-
- Equity .
- Large Cap .
-
- 15,583
-
18.8%Fund Size - 15,583
-
28.1%Fund Size - 15,583
-
14.4%Fund Size - 15,583
-
- Equity .
- Large Cap .
-
- 1,517
-
11.1%Fund Size - 1,517
-
20.1%Fund Size - 1,517
-
13.9%Fund Size - 1,517
-
- Equity .
- Large Cap .
-
- 757
-
19.7%Fund Size - 757
-
23%Fund Size - 757
-
13.7%Fund Size - 757
Frequently Asked Questions
How to invest in IDBI Banking & Financial Services Fund – Dir Growth ?
You can invest in IDBI Banking & Financial Services Fund – Dir Growth in a quick and simple process. Follow the below steps;
- Login to your 5paisa account, Go to the Mutual Funds section.
- Search for IDBI Banking & Financial Services Fund – Dir Growth in the search box.
- Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"
What is the NAV of IDBI Banking & Financial Services Fund – Dir Growth ?
The NAV of IDBI Banking & Financial Services Fund – Dir Growth is ₹16.6 as of 21 July 2023.
How to redeem IDBI Banking & Financial Services Fund – Dir Growth holding ?
You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.
What is the minimum sip amount of IDBI Banking & Financial Services Fund – Dir Growth?
The minimum SIP amount of IDBI Banking & Financial Services Fund – Dir Growth is ₹500
What are the top sectors IDBI Banking & Financial Services Fund – Dir Growth has invested in?
The top sectors IDBI Banking & Financial Services Fund – Dir Growth has invested in are
- Banks - 64.81%
- Finance - 25.85%
- Debt - 4.2%
- Insurance - 4.11%
- Capital Markets - 0.65%
Can I make investments in both the SIP and Lump Sum schemes of IDBI Banking & Financial Services Fund – Dir Growth?
Yes, You can select both SIP or Lumpsum investment of IDBI Banking & Financial Services Fund – Dir Growth based on your investment objective and risk tolerance.
How much returns have IDBI Banking & Financial Services Fund – Dir Growth generated ?
The IDBI Banking & Financial Services Fund – Dir Growth has delivered 10.3% since inception
What is the expense ratio of IDBI Banking & Financial Services Fund – Dir Growth ?
The expense ratio of IDBI Banking & Financial Services Fund – Dir Growth is 1.5 % as of 21 July 2023.
What is the AUM of IDBI Banking & Financial Services Fund – Dir Growth?
The AUM of IDBI Banking & Financial Services Fund – Dir Growth is ₹3,740 Cr as of 21 July 2023
What are the top stock holdings of IDBI Banking & Financial Services Fund – Dir Growth?
The top stock holdings of IDBI Banking & Financial Services Fund – Dir Growth are
- HDFC Bank - 20.02%
- ICICI Bank - 16.82%
- Axis Bank - 9.45%
- Bajaj Finance - 7.85%
- St Bk of India - 7.26%
How can I redeem my investments in IDBI Banking & Financial Services Fund – Dir Growth?
Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select IDBI Banking & Financial Services Fund – Dir Growth in Scheme, enter the redemption amount, and click on submit button.
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select IDBI Banking & Financial Services Fund – Dir Growth in Scheme, enter the redemption amount, and click on submit button.