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
: ₹ 59.87 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.
: ₹ 60.79 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 | 0.85 |
| 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. | 9.11% |
| 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. | 0.42 |
| Modified Duration₤
Modified duration is the price sensitivity and the percentage change in price for a unit change in yield | 0.60 Years |
| Average Maturity₤ | 0.67 Years |
| Macaulay Duration₤ | 0.63 Years |
| Yield to Maturity₤ | 3.51% |
| ₤For debt allocation only | |
| Portfolio Turnover | |
| Equity | 0.54 |
| Aggregate^ | 5.44 |
| Total Expense Ratio | |
| Regular | 2.34% |
| Direct | 1.28% |
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.
- For 10% of investment : Nil
- For remaining investment: 1% if redeemed/ switched out within 1 (one) year from the date of allotment
NAV (₹) as on August 31, 2021
| Regular Plan | Growth | 24.51 |
| Regular Plan | Monthly IDCW@ | 14.21 |
| Regular Plan | Annual IDCW@ | 12.40 |
| Regular Plan | Quarterly IDCW@ | 12.18 |
| Name | Industries | % of NAV |
| Equity and Equity related Instruments (incl. Nifty ETF) | 76.20% | |
| Net Equity Exposure (incl. Nifty ETF) | 37.28% | |
| Banks | 4.30% | |
| oHDFC Bank | 2.34% | |
| ICICI Bank | 1.89% | |
| Axis Bank | 0.06% | |
| Software | 3.07% | |
| oTata Consultancy Services | 3.81% | |
| Tata Consultancy Services - Equity Futures | -1.87% | |
| oTech Mahindra | 3.43% | |
| Tech Mahindra - Equity Futures | -2.29% | |
| Infosys | 2.02% | |
| Infosys - Equity Futures | -2.03% | |
| Pharmaceuticals | 2.61% | |
| oSun Pharmaceutical Industries | 4.23% | |
| Sun Pharmaceutical Industries - Equity Futures | -2.93% | |
| oAurobindo Pharma | 2.18% | |
| Aurobindo Pharma - Equity Futures | -2.18% | |
| Torrent Pharmaceuticals | 0.77% | |
| Torrent Pharmaceuticals - Equity Futures | -0.77% | |
| Alkem Laboratories | 0.75% | |
| Laurus Labs | 0.33% | |
| Dr. Reddy's Laboratories | 0.23% | |
| Finance | 2.34% | |
| LIC Housing Finance | 1.59% | |
| LIC Housing Finance - Equity Futures | -1.56% | |
| Housing Development Finance Corporation | 1.29% | |
| Sundaram Finance | 0.90% | |
| Bajaj Finance | 0.12% | |
| Auto Ancillaries | 2.13% | |
| MRF | 1.30% | |
| Exide Industries | 0.84% | |
| Insurance | 1.89% | |
| SBI Life Insurance Company | 1.62% | |
| SBI Life Insurance Company - Equity Futures | -1.62% | |
| ICICI Prudential Life Insurance Company | 1.30% | |
| HDFC Life Insurance Company | 0.59% | |
| Telecom - Services | 1.70% | |
| Bharti Airtel | 2.11% | |
| Bharti Airtel - Equity Futures | -0.40% | |
| Auto | 1.41% | |
| oMahindra & Mahindra | 2.19% | |
| Mahindra & Mahindra - Equity Futures | -2.20% | |
| Bajaj Auto | 1.47% | |
| Bajaj Auto - Equity Futures | -0.92% | |
| Maruti Suzuki India | 0.87% | |
| Gas | 1.38% | |
| Gujarat State Petronet | 1.38% |
| Name | Industries | % of NAV |
| Cement & Cement Products | 1.29% | |
| UltraTech Cement | 1.29% | |
| Power | 1.26% | |
| Torrent Power | 1.27% | |
| Tata Power Company | 1.00% | |
| Tata Power Company - Equity Futures | -1.01% | |
| Petroleum Products | 1.22% | |
| oReliance Industries | 3.94% | |
| Reliance Industries - Equity Futures | -2.70% | |
| oHindustan Petroleum Corporation | 2.37% | |
| Hindustan Petroleum Corporation - Equity Futures | -2.38% | |
| Construction Project | 0.99% | |
| Larsen & Toubro | 0.99% | |
| Industrial Capital Goods | 0.81% | |
| Thermax | 0.81% | |
| Consumer Durables | 0.80% | |
| Titan Company | 2.02% | |
| Titan Company - Equity Futures | -2.02% | |
| Crompton Greaves Consumer Electricals | 0.78% | |
| Amber Enterprises India | 0.02% | |
| Fertilisers | 0.52% | |
| Coromandel International | 0.52% | |
| Pesticides | 0.46% | |
| Rallis India | 0.46% | |
| Ferrous Metals | 0.16% | |
| oJSW Steel | 3.05% | |
| JSW Steel - Equity Futures | -3.06% | |
| APL Apollo Tubes | 0.16% | |
| Capital Markets | 0.05% | |
| ICICI Securities | 0.05% | |
| Consumer Non Durables | 0.04% | |
| Dabur India | 2.04% | |
| Dabur India - Equity Futures | -2.05% | |
| Marico | 1.43% | |
| Marico - Equity Futures | -1.43% | |
| Nestle India | 0.16% | |
| Nestle India - Equity Futures | -0.16% | |
| Britannia Industries | 0.04% | |
| Transportation | -0.01% | |
| oAdani Ports and Special Economic Zone | 2.31% | |
| Adani Ports and Special Economic Zone - Equity Futures | -2.32% | |
| Chemicals | -0.01% | |
| Tata Chemicals | 2.08% | |
| Tata Chemicals - Equity Futures | -2.09% | |
| Pidilite Industries | 0.94% | |
| Pidilite Industries - Equity Futures | -0.94% | |
| Exchange Traded Funds | 8.85% | |
| IDFC Nifty ETF | 8.85% | |
| Treasury Bill | 8.15% | |
| 182 Days Tbill - 2021 | SOV | 8.15% |
| Corporate Bond | 5.37% | |
| REC | AAA | 5.37% |
| Britannia Industries | AAA | 0.00% |
| Net Cash and Cash Equivalent | 10.27% | |
| Grand Total | 100.00% | |
| oTop 10 Equity Holdings |
Past performance may or may not be sustained in future. IDCW@ are assumed to be reinvested and bonus is adjusted. Load is not taken into consideration. To illustrate the advantages of SIP investment, this is how your investment would have grown if you had invested say ₹10,000 systematically on the first business Day of every month over a period of time. Returns are calculated by using XIRR approach. XIRR helps in calculating return on investment given an initial and final value and a series of cash inflows and outflows with the correct allowance for the time impact of the transactions. Data as on 31st August 2021
| Software | 9.26% |
| Pharmaceuticals | 8.48% |
| Petroleum Products | 6.30% |
| Auto | 4.53% |
| Banks | 4.30% |
| Finance | 3.90% |
| Consumer Non Durables | 3.68% |
| Insurance | 3.51% |
| Ferrous Metals | 3.22% |
| Chemicals | 3.02% |
| Consumer Durables | 2.82% |
| Transportation | 2.31% |
| Power | 2.27% |
| Auto Ancillaries | 2.13% |
| Telecom - Services | 2.11% |
| Gas | 1.38% |
| Cement & Cement Products | 1.29% |
| Construction Project | 0.99% |
| Industrial Capital Goods | 0.81% |
| Fertilisers | 0.52% |
| Pesticides | 0.46% |
| Capital Markets | 0.05% |
Performance based on NAV as on 31/08/2021. 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.
- 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.
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 3.38% (FBIL OVERNIGHT MIBOR as on 31st August 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)
₤The Scheme was being managed by Mr. Yogik Pitti, Mr. Rajendra Kumar Mishra and Mr. Harshal Joshi, upto December 7, 2020.
