IDFC Equity Savings Fund
An open ended scheme investing in equity, arbitrage and debt
IDFC Equity Savings Fund
An open ended scheme investing in equity, arbitrage and debt
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Category: Equity Savings
: ₹ 71.10 Crores
AUM or assets under management refers to the recent / updated cumulative market value of investments managed by a mutual fund or any investment firm.
: ₹ 73.68 Crores
AUM or assets under management refers to the recent / updated cumulative market value of investments managed by a mutual fund or any investment firm.
:
An employee of the asset management company such as a mutual fund or life insurer, who manages investments of the scheme. He is usually part of a larger team of fund managers and research analysts.
Other Parameter:
| Beta
Beta is a measure of an investment's volatility vis-a-vis the market. Beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 implies that the security's price will be more volatile than the market. | 0.56 |
| R Square | 0.83 |
| Standard Deviation (Annualized)
Standard deviation is a statistical measure of the range of an investment's performance. When a mutual fund has a high standard deviation, its means its range of performance is wide, implying greater volatility. | 8.89% |
| Sharpe*
The Sharpe Ratio, named after its founder, the Nobel Laureate William Sharpe, is a measure of risk-adjusted returns. It is calculated using standard deviation and excess return to determine reward per unit of risk. | 0.53 |
| Modified Duration₤
Modified duration is the price sensitivity and the percentage change in price for a unit change in yield | 84 Days |
| Average Maturity₤ | 91 Days |
| Macaulay Duration₤ | 88 Days |
| Yield to Maturity₤ | 3.55% |
| ₤For debt allocation only | |
| Portfolio Turnover | |
| Equity | 0.63 |
| Aggregate^ | 5.78 |
| Total Expense Ratio | |
| Regular | 1.37% |
| Direct | 0.36% |
SIP (Minimum Amount): ₹ 100/- (Minimum 6 instalments)
SIP Frequency: Monthly
SIP Dates (Monthly): Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment.
Investment Objective: Click here
Minimum Investment Amount : ₹ 5,000/- and any amount thereafter
Option Available: Growth & IDCW@ Option - Monthly, Quarterly and Annual and Payout, Reinvestment & Sweep facilities (from Equity Schemes to Debt Schemes Only).
:
Exit load is charged at the time an investor redeems the units of a mutual fund. The exit load is deducted from the prevailing NAV at the time of redemption. For instance, if the NAV is ₹ 100 and the exit load is 1%, the redemption price would be ₹ 99 per unit.
› Upto 10% of investment: Nil,
› For remaining investment: 0.25% of applicable NAV if redeemed/switched out within 7 days from the date of allotment.
• If redeemed/switched out after 7 days from date of allotment: Nil.
NAV (₹) as on November 30, 2021
| Regular Plan | Growth | 24.64 |
| Regular Plan | Monthly IDCW@ | 14.17 |
| Regular Plan | Annual IDCW@ | 12.46 |
| Regular Plan | Quarterly IDCW@ | 12.24 |
| Name | Industries | % of NAV |
| Equity and Equity related Instruments | 66.52% | |
| Net Equity Exposure | 21.02% | |
| Software | 6.42% | |
| oTata Consultancy Services | 3.93% | |
| Tata Consultancy Services - Equity Futures | -1.44% | |
| oTech Mahindra | 3.01% | |
| Tech Mahindra - Equity Futures | -2.02% | |
| Infosys | 2.00% | |
| Wipro | 1.38% | |
| Wipro - Equity Futures | -1.39% | |
| HCL Technologies | 1.30% | |
| HCL Technologies - Equity Futures | -1.30% | |
| MphasiS | 0.94% | |
| Banks | 3.42% | |
| oAxis Bank | 2.50% | |
| Axis Bank - Equity Futures | -2.46% | |
| HDFC Bank | 1.82% | |
| ICICI Bank | 1.55% | |
| Telecom - Services | 1.61% | |
| Bharti Airtel | 1.98% | |
| Bharti Airtel - Equity Futures | -0.37% | |
| Pharmaceuticals | 1.22% | |
| oSun Pharmaceutical Industries | 3.31% | |
| Sun Pharmaceutical Industries - Equity Futures | -2.30% | |
| Aurobindo Pharma | 1.63% | |
| Aurobindo Pharma - Equity Futures | -1.63% | |
| Torrent Pharmaceuticals | 0.62% | |
| Torrent Pharmaceuticals - Equity Futures | -0.62% | |
| Laurus Labs | 0.21% | |
| Power | 1.19% | |
| Tata Power Company | 1.39% | |
| Tata Power Company - Equity Futures | -1.39% | |
| Torrent Power | 1.20% | |
| Gas | 1.02% | |
| Gujarat State Petronet | 1.02% | |
| Cement & Cement Products | 1.01% | |
| UltraTech Cement | 1.01% | |
| Construction Project | 0.86% | |
| Larsen & Toubro | 0.86% | |
| Industrial Capital Goods | 0.83% | |
| Thermax | 0.83% | |
| Finance | 0.73% | |
| Bajaj Finance | 1.28% | |
| Bajaj Finance - Equity Futures | -1.19% | |
| LIC Housing Finance | 1.21% | |
| LIC Housing Finance - Equity Futures | -1.21% | |
| Sundaram Finance | 0.64% | |
| Auto | 0.71% | |
| oTata Motors | 4.43% | |
| Tata Motors - Equity Futures | -4.45% | |
| Mahindra & Mahindra | 1.91% | |
| Mahindra & Mahindra - Equity Futures | -1.91% | |
| Maruti Suzuki India | 0.74% | |
| Bajaj Auto | 0.66% |
| Name | Industries | % of NAV |
| Bajaj Auto - Equity Futures | -0.66% | |
| Consumer Durables | 0.62% | |
| oTitan Company | 2.06% | |
| Titan Company - Equity Futures | -2.06% | |
| Crompton Greaves Consumer Electricals | 0.61% | |
| Amber Enterprises India | 0.02% | |
| Insurance | 0.46% | |
| SBI Life Insurance Company | 1.30% | |
| SBI Life Insurance Company - Equity Futures | -1.30% | |
| HDFC Life Insurance Company | 0.46% | |
| Fertilisers | 0.40% | |
| Coromandel International | 0.40% | |
| Pesticides | 0.34% | |
| Rallis India | 0.34% | |
| Ferrous Metals | 0.14% | |
| oJSW Steel | 2.23% | |
| JSW Steel - Equity Futures | -2.24% | |
| APL Apollo Tubes | 0.15% | |
| Capital Markets | 0.03% | |
| HDFC Asset Management Company | 1.70% | |
| HDFC Asset Management Company - Equity Futures | -1.71% | |
| ICICI Securities | 0.04% | |
| Consumer Non Durables | 0.02% | |
| Marico | 1.90% | |
| Marico - Equity Futures | -1.91% | |
| Dabur India | 1.62% | |
| Dabur India - Equity Futures | -1.62% | |
| Nestle India | 0.13% | |
| Nestle India - Equity Futures | -0.13% | |
| Britannia Industries | 0.03% | |
| Transportation | -0.01% | |
| Adani Ports and Special Economic Zone | 1.74% | |
| Adani Ports and Special Economic Zone - Equity Futures | -1.75% | |
| Chemicals | -0.01% | |
| oPidilite Industries | 2.10% | |
| Pidilite Industries - Equity Futures | -2.10% | |
| Tata Chemicals | 1.78% | |
| Tata Chemicals - Equity Futures | -1.78% | |
| Petroleum Products | -0.01% | |
| oReliance Industries | 2.37% | |
| Reliance Industries - Equity Futures | -2.37% | |
| oHindustan Petroleum Corporation | 2.16% | |
| Hindustan Petroleum Corporation - Equity Futures | -2.17% | |
| Treasury Bill | 6.78% | |
| 182 Days Tbill - 2021 | SOV | 6.78% |
| Corporate Bond | 4.39% | |
| REC | AAA | 4.39% |
| Britannia Industries | AAA | 0.0003% |
| Net Cash and Cash Equivalent | 22.30% | |
| Grand Total | 100.00% | |
| oTop 10 Equity Holdings |
| Software | 12.57% |
| Auto | 7.74% |
| Banks | 5.88% |
| Pharmaceuticals | 5.77% |
| Petroleum Products | 4.53% |
| Chemicals | 3.87% |
| Consumer Non Durables | 3.68% |
| Finance | 3.14% |
| Consumer Durables | 2.68% |
| Power | 2.59% |
| Ferrous Metals | 2.38% |
| Telecom - Services | 1.98% |
| Insurance | 1.76% |
| Capital Markets | 1.74% |
| Transportation | 1.74% |
| Gas | 1.02% |
| Cement & Cement Products | 1.01% |
| Construction Project | 0.86% |
| Industrial Capital Goods | 0.83% |
| Fertilisers | 0.40% |
| Pesticides | 0.34% |
Performance based on NAV as on 30/11/2021. Past performance may or may not be sustained in future.
The performances given are of regular plan growth option.
Click here for other funds managed by the fund manager and refer to the respective fund pages
#Benchmark Returns. ##Alternate Benchmark Returns.
Scheme risk-o-meter
Investors understand that their principal will be at Low to Moderate risk
This product is suitable for investors who are seeking*
- To generate long term capital growth and income.
- Investment predominantly in Equity and Equity related securities (including arbitrage and other derivative strategies) as well as Fixed Income securities.
* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Benchmark risk-o-meter
30% Nifty 50 TRI + 70% CRISIL Liquid Fund Index
Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc.
*Risk-free rate assumed to be 3.41% (FBIL OVERNIGHT MIBOR as on 30th November 2021). Ratios calculated on the basis of 3 years history of monthly data.
^Portfolio Turnover ratio is calculated as Lower of purchase or sale during the period / Average AUM for the last one year (includes Fixed Income securities and Equity derivatives).
$The fund has been repositioned from an arbitrage fund to an equity savings fund w.e.f. April 30, 2018.
Current Index performance adjusted for the period from since inception to April 30, 2018 with the performance of CRISIL Liquid Fund Index (Benchmark)
^^W.e.f. December 1, 2021, the benchmark of the scheme will change to CRISIL Equity Savings Index. (IDFC Equity Savings Fund was being managed by Mr. Yogik Pitti upto November 25, 2021.)
