About This Fund
IDBI Equity Advantage Fund - Growth Regular The scheme seeks to invest 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 for three years.
Investment Details
Fund size
₹478.25 Cr.
Min. Investment
₹500
Min. Sip Inv.
₹500
Min. Addl Inv.
₹500
Expense Ratio
2.43%
Turn over
10%
Exit Load
Nil
Basic Details
KRA
KARVY
Inv. Plan
Growth
Launched On
10 Sept 2013
Benchmark
S&P BSE 200 TRI
Fund Type
Open Ended
AMC Information
AMC
IDBI Mutual Fund
Email
null
Office No
null
Website
null
Address
null
SIP Amount
Monthly SIP Date
IDBI Equity Advantage Fund - Growth Regular
Is This Mutual Fund Right for You?
+10k investors used our Suitability Test to get better returns
Fund Suitability Test
Let's Get Started.
Frequently Asked Questions
Everything You Need To Know To Get Started With Confidence
In simple words, a fund is an investor’s safety deposit much like in earlier times when people used to store their savings into a bag of rice, in today’s times that bag has come with a new name that is the Mutual Fund.