e.g. Tata motors, Reliance MF, 500570

IDBI Equity Advantage Fund - IDCW-Reinvestment

Equity Tax Planning Very High

NAV on (No Data Available)

₹0.00

No Data Available

Fund Size

₹484.91 Crores

1Y Returns

No Data Available%

 

Earn 1% Higher Returns on Direct Funds

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Disclaimer: Mutual Fund investments are subject to market risks. Read all scheme related documents carefully before investing.

 

Investment Objective

The Scheme will seek to invest predominantly in a diversified portfolio of equity and equity related instruments with the objective to provide investors with opportunities for capital appreciation and income along with benefits of income tax deduction on there investment.

AMC

IDBI Asset Management Ltd.

Fund Details

Launch Date

August 20, 2013

Fund Manager

Mr. Alok Ranjan

Initial Price

10

AUM Fund

484.91 Cr

Min investment

Rs 500

Expense Ratio

2.41%

SIP Minimum Investment

Monthly - Rs. 500/- and multiples of Rs. 500/- for a minimum period of 12 months.Monthly - Rs. 1,000/- and multiples of Rs. 500/- for a minimum period 6 months. Quarterly - Rs.1500/- and multiples of Rs. 500/- for a minimum period of 4 quarters.

Exit Load

Nil

Address
4th Floor, IDBI Tower, WTC Complex, 400005
Phone
+91 22 66442800
Fax
+91 22 66442801
Launch Date
August 20, 2013
Custodian
M/s Stock Holding Corporation of India Ltd.
Registrar & Transfer Agent
KFIN Technologies Pvt. Ltd.

Frequently Asked Questions

Q: What is the current NAV of IDBI Equity Advantage Fund - IDCW-Reinvestment?

A: The latest NAV of IDBI Equity Advantage Fund - IDCW-Reinvestment is ₹ .

Q: What type of mutual fund is IDBI Equity Advantage Fund - IDCW-Reinvestment?

A: IDBI Equity Advantage Fund - IDCW-Reinvestment is a 'Equity - Tax Planning' type mutual fund managed by 'IDBI Asset Management Ltd.'.

Q: What is the expense ratio of IDBI Equity Advantage Fund - IDCW-Reinvestment?

A: The expense ratio of IDBI Equity Advantage Fund - IDCW-Reinvestment is 2.41%, which impacts overall returns.

Q: Who manages IDBI Equity Advantage Fund - IDCW-Reinvestment?

A: IDBI Equity Advantage Fund - IDCW-Reinvestment is managed by Mr. Alok Ranjan, who oversees investment strategy and portfolio decisions.

Q: Is IDBI Equity Advantage Fund - IDCW-Reinvestment a good investment?

A: IDBI Equity Advantage Fund - IDCW-Reinvestment may be suitable depending on your financial goals, risk appetite, and investment horizon. Always evaluate fund performance and consult a financial advisor.

Q: What is the exit load of IDBI Equity Advantage Fund - IDCW-Reinvestment?

A: The exit load of IDBI Equity Advantage Fund - IDCW-Reinvestment is Nil, applicable if redeemed within the specified period.

Q: How is IDBI Equity Advantage Fund - IDCW-Reinvestment taxed?

A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.

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