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This Fund:
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Showing Funds Performance since Sep 07, 2020

Fund Overview

Min. investment

SIP ₹500 & Lump. ₹5000

AUM (Fund size)

₹87 Cr

Lock In Period

N/A

Expense Ratio

2.5

Benchmark

Nifty Financial Services Total Return

Exit Load

1% for exit (repurchase/switch-out/SWP) on or before 1 year from the date of allotment.

Summary

Latest details for IDBI Banking & Financial Services Fund Growth include a ₹11382.3994 NAV as of Oct 16,2025 and returns since inception of 74.48%. Minimum investments start at SIP ₹500. The IDBI Banking & Financial Services Fund Growth AUM is ₹87 Cr, with a lock-in of N/A years, expense ratio of 2.5%, and benchmark Nifty Financial Services Total Return. Exit load is - 1% for exit (repurchase/switch-out/SWP) on or before 1 year from the date of allotment.. In the growth review for 1M Month/Year, the fund recorded 2.86% returns, against a category average of 2.77% and a category best of 13.07%.

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M2.862.7713.07
6M9.491.7834.42
1Y25.085.6739.48
3Y20.3917.3984.99

Portfolio Analysis

  • Equity: 95.42%
  • Debt: 4.58%
  • Others
As on: 2023-06-30
View allocation % by

1. HDFC Bank Ltd.20.02%
2. ICICI Bank Ltd.16.82%
3. Axis Bank Ltd.9.45%
4. Bajaj Finance Ltd.7.85%
5. State Bank of India7.26%
6. Cholamandalam Investment & Finance Co. Ltd.6.53%
7. Kotak Mahindra Bank Ltd.5.57%
8. Housing Development Finance Corporation Ltd.4.50%
9. Can Fin Homes Ltd.3.47%
10. Bajaj Finserv Ltd.2.68%
11. The Federal Bank Ltd.2.19%
12. Bank of Baroda2.17%
13. HDFC Life Insurance Company Ltd.1.80%
14. Max Financial Services Ltd.1.36%
15. AU Small Finance Bank Ltd.1.33%
16. SBI Cards & Payment Services Ltd.0.82%
17. HDFC Asset Management Co. Ltd.0.65%

About Fund

IDBI Banking & Financial Services Fund Growth managed by IDBI Mutual Fund,is a Bankingscheme with Assets Under Management of ₹87 Crore. The fund benchmarks its performance against the Nifty Financial Services Total Return while maintaining an expense ratio of 2.5. Under the expert guidance of Alok Ranjan ,the fund implements a disciplined investment approach aligned with its mandate. The scheme requires a minimum investment of ₹500 for SIP and ₹1,000 for lump sum investments, making it accessible to diverse investor profiles.

Fund Managers

Alok Ranjan

Mr. Alok Ranjan has done MBA (Finance), BSc Physics (Honors). Prior to joining IDBI Asset Management Limited he was associated with Shriram Asset Management Ltd. as Fund Manager (Equity), Way2wealth Securities Ltd. as Head of Research and Advisory and First Global Ltd. as Vice President- Research.

Peer Comparison

Fund NameRatingsAUMExpense Ratio
This FundSundaram Financial Services Opportunities Fund Growth51438.57 CR2.11
This FundSBI Banking & Financial Services Fund Growth49379.89 CR1.77
This FundIDBI Banking & Financial Services Fund Growth086.62 CR2.5
This FundInvesco India Financial Services Fund Growth31480.45 CR2.11
Fund Name1Y3Y
This FundSundaram Financial Services Opportunities Fund Growth3.122162.7014
This FundSBI Banking & Financial Services Fund Growth7.537371.897
This FundIDBI Banking & Financial Services Fund Growth17.57975.8939
This FundInvesco India Financial Services Fund Growth9.009677.8245

FAQs

IDBI Banking & Financial Services Fund Growth's fund is managed by experienced SEBI-registered investment fund manager , who implements the fund's strategy through research-backed decisions while adhering to its stated objectives.

The expense ratio of IDBI Banking & Financial Services Fund Growth is 2.5. This expense ratio is calculated by dividing the fund's operating expenses by its net assets.

IDBI Banking & Financial Services Fund Growth’s fund performance is as follows:
  • 1 Month : 2.86%
  • 6 Months : 9.49%
  • 1 Year : 25.08%
  • 3 Years : 20.39%
Returns of IDBI Banking & Financial Services Fund Growth are updated daily based on NAV of ₹ 11382.3994 as on Oct 16,2025. Since inception, the return has been 74.48%.

You can invest in IDBI Banking & Financial Services Fund Growth through SIP with a minimum of ₹500 monthly or make a lump sum investment of a minimum ₹1,000. Additional purchase minimums vary by scheme.

The fund size (AUM) of IDBI Banking & Financial Services Fund Growth is ₹87 crore. It changes based on market performance, inflows, and outflows.

You can track your investment in IDBI Banking & Financial Services Fund Growth through our website, our Choice FinX mobile app, regular statements, and email updates. Our customer support team is available for queries.
Min Inv Amount: ₹500