IDBI Equity Advantage Fund - IDCW
Current NAV 22.66
Category Equity Funds - ELSS Funds
Launch Date 10 Sep 2013
Type Open Ended
Net Assets 3903.45(in Lakhs)
Benchmark Name NIFTY 500 Total Return Index
FactSheet Download
Investment Details
Minimum Investment 500
Subsequent Investment 500
Multiples 500
SIP Initial Investment 500
Exit Load Entry Load: Not applicable ; Exit Load :NIL ; An open-ended equity linked savings scheme (ELSS) with lock-in period of 3 years. Investment eligible for tax benefits under Section 80 C of Income Tax Act, 1961 subject to conditions and limit specified therein. ***** Revision in name of IDBI Tax Saving Fund to IDBI Equity Advantage Fund w.e.f 01st April, 2014 *****
Who is Eligible?


Minor through Parent/Lawful Guardian

Foreign Institutional Investors

Financial Institutions and Investment Institutions

Non-resident Indians/Persons of Indian origin residing abroad

Association of Persons

Partner(s) of Partnership Firms





Annual Returns(%)
YearFund Return
2022 0.6835
2021 13.0328
2020 8.0319
2019 0.4287
2018 -9.2449
Quarterly Returns(%)
2022 -1.9650 -12.0086 12.0707 4.8488
2021 3.1357 -3.6568 11.4133 1.1842
2020 -22.2872 14.5480 3.8272 18.9807
2019 -1.4469 -7.7297 6.0783 4.3430
2018 -11.9071 0.9746 -2.3592 3.1921
Fund Management
Sponsor Name IDBI Asset Management Company
Fund Manager Alok Ranjan
Since 10 Sep 2013
Status A
Setup Date 10 Sep 2013
Phone //
Address 5th Floor Indian Red Cross Society Building,1 Red Cross Road,New Delhi,Delhi - 110001
Registrar & Transfer Agent
Computer Age Management Services Pvt. Ltd.
Address 7th Floor, Tower II, Rayala Towers, 158,Nungambakkam,,CHENNAI - 440001
Phone 18003010676//

Disclaimer :-

1. Investors should consult their Financial Advisers if before making any Investment Decision on sutability of the Product.
2. Past performance may or may not be sustained in future and should not be used as a basis for investments.
3. Fund Returns and Benchmark Performance figures are calculated on a daily NAV to basis for the Growth option of the selected scheme for the relevant
4. The Net Assets are as per the last published Monthly AUM by the respective fund house.
5. Investors are advised to check the information Shown abobe from AMFI , Mutual Fund and Over websites before Making any Investment RR will not take any responsibility for any information provide on this website.
Top 10 Holdings (as on 31-Aug-2015) Portfolio Chart (as on 31-Aug-2015)
CompanyInstrument/SectorCredit RankingAssets Allocation(%)
Eicher Motors Ltd Equity 5.969
TVS Motor Company Ltd Equity 5.5221
Wabco India Ltd Equity 4.7581
Sundaram Finance Ltd Equity 4.4861
Bosch Ltd. Equity 4.4108
Gruh Finance Ltd Equity 4.3376
MRF LTD Equity 4.1585
Blue Dart Express Ltd Equity 4.1253
Cummins India Ltd. Equity 4.0818
Page Industries Ltd Equity 4.0758

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