IDBI Equity Savings Fund Growth Option

IDBI Equity Savings Fund Growth Option is a scheme launched by IDBI Mutual Fund on March 07, 2011, and falls under the Equity Savings fund category. It currently manages an AUM of Rs 28.43 crore. The fund permits investments with a minimum SIP of Rs 1000 and a lump sum of Rs 5000. It charges an expense ratio of 2.35% for managing the portfolio.

• Investing Strategy:

  To provide regular income along with opportunities for capital appreciation through investments in a diversified basket of debt, equity and money market instruments.

• Performance:

  IDBI Equity Savings Fund Growth Option trailing returns over different times are 6.75% (1 year), 9.95% (3 year) and 9.98% (5 year). The average annual return of this fund stands at 7.1%.