Fund Snapshot

You are here :

IDBI EQUITY SAVINGS FUND

An open-ended scheme investing in equity, arbitrage and debt

Fund Manager

contact-image

Mr. Alok Ranjan

Total Experience: Over 25 Years (Managing the Equity portion of the Scheme since 6th August, 2021)

Other Funds Managed by Mr. Alok Ranjan - Click Here

contact-image

Mr. Raju Sharma

Total Experience: Over 29 Years (Managing the Debt portion of the Scheme since 3rd May, 2017)

Other Funds Managed by Mr. Raju Sharma - Click Here

Fund Information

IDCW stands for Income Distribution cum Capital Withdrawal

Fund Category

Equity Savings

Inception

07 Mar 2011

(w.e.f. 27th March 2018 the scheme has become effective & prior to this date the scheme was classified as IDBI Monthly Income Plan)

Benchmark

NIFTY Equity Savings Index
Benchmark RiskometerBENCHMARK RISKOMETER
graph
*Investor should consult their financial advisors if in doubt about whether the product is suitable for them.

Entry Load

Not Applicable

Exit Load

For Lumpsum - 1% for exit (New/Additional Purchase/Switch-out/Transfer/SWP) within 12 months from the date of allotment.
for SIP - 1% for exit (New/Additional Purchase/Switch-out/Transfer/SWP) within 12 months from the date of allotment of each installment.

Face Value

Rs. 10/- per unit

Returns

As of last business day of the month- September 2021

20.40%

Investment Essentials

Minimum Application Amount

Minimum Lumpsum Amount:
Rs. 5000/- and in multiples of Re. 1 thereafter
Minimum Additional Lumpsum Amount:
Rs. 1000/- and in multiples of Re. 1 thereafter
Systematic Investment Plan (SIP) Options
Monthly Option:
Rs. 500/- per month for a minimum period of 12 months
Or
Rs. 1000/- per month for a minimum period of 6 months

Quarterly Option:
Rs. 1500/- per quarter for a minimum period of 4 quarters

SCHEME LABEL

Riskometer
graph

This product is suitable for investors who are seeking*

  • Regular income & capital appreciation over medium to long term
  • Investment in Equity & Equity related instruments including Equity Derivatives, Arbitrage & Debt and Money Market Instruments
*Investor should consult their financial advisors if in doubt about whether the product is suitable for them.