IDBI Banking & Financial Services Fund Growth Return
- 1M
- 3M
- 6M
- 1Y
- 3Y
- 5Y
This Fund:
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Showing Funds Performance since Sep 07, 2020
IDBI Banking & Financial Services Fund Growth Fund Overview
Min. investment
SIP ₹500 & Lump. ₹5000
AUM (Fund size)
₹87 Cr
Lock In Period
N/A
Expense Ratio
2.5
Exit Load
1% for exit (repurchase/switch-out/SWP) on or before 1 year from the date of allotment.
Benchmark
Nifty Financial Services Total Return
Summary
IDBI Banking & Financial Services Fund Growth NAV is ₹11382.3994 as of 23 May, 2026. IDBI Banking & Financial Services Fund Growth has delivered 74.48% returns since its launch. The minimum SIP investment amount in IDBI Banking & Financial Services Fund Growth is ₹500. The AUM of IDBI Banking & Financial Services Fund Growth is ₹87 Cr. The expense ratio of the fund is 2.5%, and its benchmark is Nifty Financial Services Total Return. The current exit load of the fund is 1% for exit (repurchase/switch-out/SWP) on or before 1 year from the date of allotment.. In the last 1M months, IDBI Banking & Financial Services Fund Growth has delivered 2.86% returns.
IDBI Banking & Financial Services Fund Growth Calculate Returns
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Growth Review
| Duration | Fund Return(%) | Category Average(%) | Category Best(%) |
|---|---|---|---|
| 1M | 2.86 | -0.01 | 5.80 |
| 6M | 9.49 | 1.73 | 34.42 |
| 1Y | 25.08 | 4.99 | 39.48 |
| 3Y | 20.39 | 16.94 | 81.20 |
Portfolio Analysis
- Equity: 95.42%
- Debt: 4.58%
- Others
As on: 2023-06-30
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About Fund IDBI Banking & Financial Services Fund Growth
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 Name | Ratings | AUM | Expense Ratio |
|---|---|---|---|
| Sundaram Financial Services Opportunities Fund Growth | 5 | 1612.72 CR | 2.08 |
| SBI Banking & Financial Services Fund Growth | 4 | 10374.95 CR | 2.02 |
| Sundaram Financial Services Opportunities Fund - Institutional Plan Growth | 0 | 1604.71 CR | 2.8 |
| Invesco India Financial Services Fund Growth | 3 | 1673.13 CR | 2.07 |
| IDBI Banking & Financial Services Fund Growth | 0 | 86.62 CR | 2.5 |
| Fund Name | 1Y | 3Y |
|---|---|---|
| This FundSundaram Financial Services Opportunities Fund Growth | -0.1895 | 48.2333 |
| This FundSBI Banking & Financial Services Fund Growth | 3.4348 | 58.1697 |
| This FundSundaram Financial Services Opportunities Fund - Institutional Plan Growth | 6.4163 | 58.5875 |
| This FundInvesco India Financial Services Fund Growth | 5.8815 | 64.4444 |
| This FundIDBI Banking & Financial Services Fund Growth | 17.579 | 75.8939 |
IDBI Banking & Financial Services Fund Growth 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%
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.
