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NAV as of ( Sep 09, 2022 )
₹ 27.29 0.08 % 1-D Change
Returns
7.41% p.a.
You get upto 1.04% extra returns
ET Money Rank
4
Out of 18
Poor
Generated returns consistently
2/5
Increased returns for each unit of additional risk
2/5
Good
Controlled losses during market corrections
3/5
Delivered returns without frequent ups and downs
3/5
Fresh Investments closed in this fund!
This fund is no longer available to invest
ET Money Rank | 4 Out of 18 |
VRO Rating | |
Expense ratio | 0.33% As on Jul 31, 2022 |
Exit Load |
0.25%
|
AUM (Fund Size) | ₹ 108 Crs |
Lock-in | No Lockin |
Age | 9 yrs 8 m Since Jan 01, 2013 |
Benchmark | CRISIL Equity Saving |
Min. Investment |
SIP ₹ 100 & Lumpsum ₹ 5000 |
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Total value | Profit |
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Category Average
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Bank FD
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Gold
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Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.
Large Cap 24.78%
Mid Cap 3.33%
Small Cap 0.22%
Other Cap 0%
Financial 17.71%
Technology 10.21%
Automobile 7.71%
Others 7.66%
Rural Electrification Corpn. Ltd. 2.94%
Others 0.07%
Cash 51.71%
Cash & Call Money 10.61%
A1+ 4.62%
AAA 3.69%
Cash Margin 51.71%
Repo 10.69%
Mutual Fund 7.61%
Non Convertible Debenture 2.94%
Others 10.69%
IDFC Cash Fund - Direct Plan 7.61%
Fund name | Annual Return % | Consistency | Value Research Rating |
---|---|---|---|
Sundaram Equity Savings Fund | 10.43% | ||
Edelweiss Equity Savings Fund | 9.39% | ||
Axis Equity Saver Fund | 9.17% | ||
HDFC Equity Savings Fund | 9.02% | ||
Kotak Equity Savings Fund | 8.95% | ||
SBI Equity Savings Fund | 8.64% | ||
IDFC Equity Savings Fund | 7.3% |
Period | Trailing returns | Category average | Rank within category |
---|---|---|---|
1 month | 0.47% | 0.93% | 16 / 18 |
3 months | 4.23% | 5.56% | 15 / 18 |
6 months | 3.01% | 3.78% | 12 / 18 |
1 year | 3.71% | 4.44% | 13 / 18 |
3 years | 9.38% | 10.6% | 15 / 18 |
5 years | 7.3% | 7.86% | 12 / 14 |
Level of Risk in the Scheme
Sorry! Our analysts are busy working on analysing a risk rating for this scheme. Please bear with us in the meantime.
HYBRID EQUITY SAVINGS
The scheme seeks to generate income by predominantly investing in arbitrage opportunities in the cash and derivatives segments of the equity markets along with debt and money market instruments and to generate long-term capital appreciation by investing a portion of the Schemes assets in equity and equity related instruments.
Harshal Joshi
Mr. Joshi is PGDBM from N.L. Dalmia Institute of Management Studies and Research, Mumbai
Prior to joining IDFC Mutual fund in 2008 he has worked with ICAP India Pvt. Ltd.
Sachin Relekar
Mr. Relekar is an MMS(Finance) from Jamnalal Bajaj Institute of Management Studies Mumbai and B.E (Mechanical) from K.E.S. College of Engineering Islampur.
Prior to joining IDFC AMC he has worked with LIC Mutual Fund, Tata AMC, CD Equity Search, Innovision Consulting and Tech Pacific India.
Nemish Sheth
Mr. Sheth is a B.Com, PGDM(FINANCE)
Prior to joining IDFC AMC, he has worked with Nippon Life India Asset Management Ltd. and ICICI Prudential Asset Management Company Ltd.
TOTAL AUM:
₹1,17,110 Crs
As on Jun 30, 2022
The IDFC Equity Savings Fund is a 9 yrs 8 m old fund and has delivered average annual returns of 7.41% since inception.
1-Year | 3-Year | 5-Year | Since Inception |
---|---|---|---|
3.71% | 9.38% | 7.3% | 7.41% |
NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.
The NAV of IDFC Equity Savings Fund for Sep 09, 2022 is 27.29 .
IDFC Equity Savings Fund has an ET Money Rank of # 4 of 18 and a consistency rating of 2 .
This indicates the fund has delivered above-average returns, however, the consistency at which it generates returns is not so great. If you are ok with sharp swings in your returns, you can go for this fund
On ET Money, Investing in IDFC Equity Savings Fund is fast, easy, and 100% paperless. And it takes only minutes. Here is what you need to do -
The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.
The Expense Ratio of the direct plan of IDFC Equity Savings Fund is 0.33%. .
Redeeming your investments in IDFC Equity Savings Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.
If you have invested in IDFC Equity Savings Fund from anywhere else, you can go to the fund house website and put a request through it.
AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.
The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.
The AUM of IDFC Equity Savings Fund is ₹108 Crs.
The IDFC Equity Savings Fund's equity portion has been invested in the stocks of the following companies
Company | Percentage of Portfolio |
---|---|
Others | 7.66% |
Bajaj Finance Ltd. | 4.14% |
Tata Consultancy Services Ltd. | 4.09% |
Reliance Industries Ltd. | 3.92% |
Tata Motors Ltd. | 3.79% |
Indusind Bank Ltd. | 3.39% |
Titan Company Ltd. | 2.9% |
Bharti Airtel Ltd. | 2.89% |
Mahindra & Mahindra Ltd. | 2.76% |
Sun Pharmaceutical Inds. Ltd. | 2.75% |
The IDFC Equity Savings Fund's equity portion is primarily invested in the following sectors -
Sector | Percentage of Portfolio |
---|---|
Financial | 17.71% |
Technology | 10.21% |
Automobile | 7.71% |
Others | 7.66% |
Healthcare | 6.75% |
Energy | 6.15% |
Consumer Staples | 5.68% |
Chemicals | 4.44% |
Communication | 2.93% |
Consumer Discretionary | 2.91% |
The credit rating of the instruments in which the fund invests represents the quality of the borrower.
The IDFC Equity Savings Fund's debt portion's allocation by credit quality is given belowCredit Quality | Percentage of Portfolio |
Cash | 51.71% |
Cash & Call Money | 10.61% |
A1+ | 4.62% |
The top 3 debt holdings of IDFC Equity Savings Fund are as follows
Holding Name | Percentage of Portfolio |
Rural Electrification Corpn. Ltd. | 2.94% |
Others | 0.07% |