IDFC Equity Savings Fund

An open ended scheme investing in equity, arbitrage and debt

28th February 2022

IDFC Equity Savings Fund

An open ended scheme investing in equity, arbitrage and debt

28th February 2022

About the Fund: IDFC Equity Savings Fund is a hybrid scheme investing in equity, arbitrage and debt with net equity exposure ranging from 20-45% and debt exposure ranging from 20-35%, remaining being in arbitrage.
Category: Equity Savings
Monthly Avg AUM : ₹ 91.48 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.

Monthly end AUM : ₹ 93.62 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.

Inception Date: 9 June 2008
Fund Manager :

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.

Equity Portion: Mr. Nemish Sheth (w.e.f. 1st Nov 2021), Mr. Sachin Relekar (w.e.f. 08th Dec 2020) & Debt Portion: Mr. Harshal Joshi (w.e.f. 20th October 2016)
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.

1.13
R Square 0.86
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.

8.90%
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.

0.55
Modified Duration

Modified duration is the price sensitivity and the percentage change in price for a unit change in yield

61 Days
Average Maturity67 Days
Macaulay Duration64 Days
Yield to Maturity3.53%
For debt allocation only
Portfolio Turnover
Equity0.37
Aggregate^5.87
Total Expense Ratio
Regular1.36%
Direct0.29%
Benchmark: CRISIL Equity Savings Index (w.e.f. 1st Dec, 2021)
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 :

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.

If redeemed/switched out within 7 days from the date of allotment:
› 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 February 28, 2022
Regular PlanGrowth24.65
Regular Plan Monthly IDCW@14.06
Regular Plan Annual IDCW@12.47
Regular Plan Quarterly IDCW@12.16
@Income Distribution and Capital Withdrawal


NameIndustries% of NAV
Equity and Equity related Instruments 66.88%
Net Equity Exposure 19.62%
Software 5.17%
oTech Mahindra 4.07%
Tech Mahindra - Equity Futures -3.34%
oTata Consultancy Services 3.12%
Tata Consultancy Services - Equity Futures -1.14%
Infosys 1.58%
HCL Technologies 1.01%
HCL Technologies - Equity Futures -1.01%
Wipro 0.95%
Wipro - Equity Futures -0.95%
MphasiS 0.90%
Banks 4.54%
oIndusInd Bank 2.74%
IndusInd Bank - Equity Futures -2.75%
oAxis Bank 2.70%
Axis Bank - Equity Futures -2.67%
ICICI Bank 1.75%
State Bank of India 1.39%
HDFC Bank 1.37%
Auto 1.57%
oTata Motors 4.35%
Tata Motors - Equity Futures -3.46%
Mahindra & Mahindra 1.42%
Mahindra & Mahindra - Equity Futures -1.42%
Maruti Suzuki India 0.68%
Bajaj Auto 0.57%
Bajaj Auto - Equity Futures -0.57%
Finance 1.43%
oBajaj Finance 3.53%
Bajaj Finance - Equity Futures -2.52%
LIC Housing Finance 1.76%
LIC Housing Finance - Equity Futures -1.76%
Sundaram Finance 0.43%
Telecom - Services 1.19%
Bharti Airtel 1.47%
Bharti Airtel - Equity Futures -0.28%
Pharmaceuticals 1.07%
oSun Pharmaceutical Industries 2.98%
Sun Pharmaceutical Industries - Equity Futures -2.08%
Aurobindo Pharma 1.70%
Aurobindo Pharma - Equity Futures -1.71%
Torrent Pharmaceuticals 0.44%
Torrent Pharmaceuticals - Equity Futures -0.44%
Laurus Labs 0.17%
Power 0.81%
Tata Power Company 1.13%
Tata Power Company - Equity Futures -1.13%
Torrent Power 0.81%
Gas 0.74%
Gujarat State Petronet 0.74%
Cement & Cement Products 0.70%
UltraTech Cement 0.70%
NameIndustries% of NAV
Construction Project 0.70%
Larsen & Toubro 0.70%
Industrial Capital Goods 0.68%
Thermax 0.68%
Fertilisers 0.33%
Coromandel International 0.33%
Insurance 0.28%
SBI Life Insurance Company 0.93%
SBI Life Insurance Company - Equity Futures -0.94%
HDFC Life Insurance Company 0.28%
Pesticides 0.25%
Rallis India 0.25%
Ferrous Metals 0.11%
JSW Steel 1.81%
JSW Steel - Equity Futures -1.81%
APL Apollo Tubes 0.11%
Capital Markets 0.03%
HDFC Asset Management Company 1.11%
HDFC Asset Management Company - Equity Futures -1.12%
ICICI Securities 0.03%
Consumer Non Durables 0.02%
Marico 1.43%
Marico - Equity Futures -1.43%
Dabur India 1.20%
Nestle India 0.09%
Nestle India - Equity Futures -0.09%
Britannia Industries 0.02%
Dabur India - Equity Futures -1.21%
Consumer Durables 0.02%
oTitan Company 3.26%
Titan Company - Equity Futures -3.26%
Amber Enterprises India 0.02%
Chemicals 0.002%
oPidilite Industries 2.50%
Pidilite Industries - Equity Futures -2.50%
Tata Chemicals 1.35%
Tata Chemicals - Equity Futures -1.35%
Transportation -0.004%
Adani Ports and Special Economic Zone 2.27%
Adani Ports and Special Economic Zone - Equity Futures -2.27%
Petroleum Products -0.01%
oReliance Industries 4.03%
Reliance Industries - Equity Futures -4.04%
Treasury Bill 5.34%
364 Days Tbill - 2022 SOV 5.34%
Corporate Bond 3.44%
REC AAA 3.44%
Britannia Industries AAA 0.0002%
Mutual Fund Units 3.22%
IDFC Cash Fund -Direct Plan -Growth 3.22%
Net Cash and Cash Equivalent 21.22%
Grand Total 100.00%
oTop 10 Equity Holdings


Software 11.62%
Banks 9.96%
Auto 7.02%
Finance 5.72%
Pharmaceuticals 5.30%
Petroleum Products 4.03%
Chemicals 3.85%
Consumer Durables 3.28%
Consumer Non Durables 2.75%
Transportation 2.27%
Power 1.94%


Ferrous Metals1.92%
Telecom - Services 1.47%
Insurance 1.21%
Capital Markets 1.14%
Gas 0.74%
Cement & Cement Products 0.70%
Construction Project 0.70%
Industrial Capital Goods 0.68%
Fertilisers 0.33%
Pesticides 0.25%



Performance based on NAV as on 28/02/2022. 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

CRISIL Equity Savings 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 3.43% (FBIL OVERNIGHT MIBOR as on 28th February 2022). 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)