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Fund Category

Fund Name

IDBI EQUITY ADVANTAGE FUND
An open-ended Equity Linked Savings Scheme with a statutory lock in of 3 years and tax benefit
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RISKOMETER
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This product is suitable for investors who are seeking*

  • Long term capital growth
  • An Equity Linked Savings Scheme (ELSS) investing in equity and equity related instruments with the objective to provide investors with opportunities for capital appreciation and income along with the benefit of income-tax deduction (under section 80C of the Income-tax Act, 1961) on their investments, subject to a statutory lock-in of three years.
*Investor should consult their financial advisors if in doubt about whether the product is suitable for them.
NAV₹ 41.27

As on 30-May-2023

Returns:

As of last business day of the month- April 2023

 
4.85%
Fund Benchmark

NIFTY 500 - Total Return Index (TRI)

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