IDBI Banking Financial Services Fund Direct Transfer of Income Distribution cum Cap Withdrawal

Very High Risk
Equity
Sector - Financial Services

NAV as on Jul 28, 2023

Price per unit of the scheme.

₹ 16.2900-0.31%1 Day Change

1.94%

Minimum Investment₹5000

Expense Ratio1.50%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.

Scheme Rating

*Morningstar Rating Methodology i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions

FUND PERFORMANCE

As On Jan 01, 2023

Compare fund’s performance against category average across different time periods

No Data Found.

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

FUND COMPARISON

1M 3M 6M 1Y 3Y 5Y

This Fund

IDBI Banking Financial Services Fund Direct Transfer of Income Distribution cum Cap Withdrawal

Equity: Sector - Financial Services Average NAV

Topper in Equity: Sector - Financial Services

All Fund

No Data Found.

*For the other fund, rescaled NAVs are used

RETURN CALCULATOR

Check the return on your investment in the fund

IDBI Banking Financial Services Fund Direct Transfer of Income Distribution cum Cap Withdrawal

Investment Type

Monthly Investment

Time Period (yrs)

Annual Return in %

Invested Amount
₹0
Return
₹0

Current Value
₹0

FUND SUMMARY

Benchmark

IISL Nifty Financial Services TR INR

Expense Ratio

1.50%

Category Avg Expense Ratio

0.91%

Minimum Investment (Lumpsum/SIP)

₹ 5000 /₹ 1000

Lock In (Years)

No Lock-in

Fund Size

₹ 86.62 Cr(As on Jun, 2023)

Inception Date

May 29, 2018

Turnover

- %

Exit Load

Objective: The objective of the scheme is to provide investors maximum growth opportunities and to achieve long term capital appreciation by predominantly investing in equity and equity related instruments of companies engaged in Banking and Financial Services Sector. However there can be no assurance that the investment objective under the scheme will be realized.

IDBI Banking Financial Services Fund Direct Transfer of Income Distribution cum Cap Withdrawal is an Equity - Sector - Financial Services fund. The fund was launched inMay 29, 2018. Its risk level is . The NAV of the fund as onJul 28, 2023 is ₹16.29. Its expense ratio is 1.50 %. The fund has an AUM of ₹86.62 Cr.The fund is managed byAlok Ranjan.
The minimum initial investment is ₹5000 in Lumpsum mode.

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FUND MANAGER

Alok Ranjan

Lead Fund Manager.

Aug 16, 2021 - Present

Fund Manager Rank28Out of 32
i
Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
Schemes managed11
Total AUM₹ 3,209.61 Cr
Highest Return In 1 Yr8.87 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

IDBI Focused 30 Equity Fund Direct Growth

₹ 23.70

0.47%

0.36%

Very High Risk

₹173.04Cr

IDBI Equity Savings Growth Option Direct

₹ 31.82

-0.35%

0.16%

Moderately High risk

₹35.86Cr

IDBI Midcap Fund Direct Growth

₹ 33.09

0.41%

0.32%

Very High Risk

₹349.56Cr

IDBI Focused 30 Equity Fund Direct Growth

Very High Risk

NAV₹ 23.70
Fund Size₹173.04Cr

Fund Return0.47%

Category Return0.36%

IDBI Equity Savings Growth Option Direct

Moderately High risk

NAV₹ 31.82
Fund Size₹35.86Cr

Fund Return-0.35%

Category Return0.16%

IDBI Midcap Fund Direct Growth

Very High Risk

NAV₹ 33.09
Fund Size₹349.56Cr

Fund Return0.41%

Category Return0.32%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

DETAILED PORTFOLIO

As on Invalid date

EQUITY (-%)

DEBT (-%)

CASH (-%)

Allocation by Market Cap

No Data For Allocation

Industry Holdings

Stock Holdings

No Data For Allocation

PERFORMANCE MEASURES

Fund evaluation across critical parameters for better decision making. Study period is 3 years.

Consistency
i
It represents the consistency of a fund in beating its benchmark.
----
Downside Risk
i
Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
----
Risk Adjusted Return
i
Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
----
Volatility
i
Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
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Upside Capture Ratio
i
Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
----
Downside Capture Ratio
i
Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.
----

HISTORICAL RISK MEASURES

Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.

Alpha: Excess return of the fund over benchmark
i
Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
-0.61
This Fund
VS
1.54
Category Avg
R-Squared: How well the fund tracks benchmark
i
R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
93.93
This Fund
VS
92.05
Category Avg

Beta: Risk of the fund in relation to benchmark
i
Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
0.85
This Fund
VS
0.96
Category Avg
Sharpe Ratio: Risk adjusted return of the fund
i
Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
1.02
This Fund
VS
1.08
Category Avg

Sortino Ratio: Return per unit of bad risk
i
A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
2.34
This Fund
VS
2.43
Category Avg
Standard Devation: Volatility of the fund
i
Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
20.88
This Fund
VS
24.08
Category Avg

Benchmark used in calculation : S&P BSE 500 India TR INR

PEER ANALYSIS

card
table

Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

TOP FUNDS FROM THIS AMC

card
table

Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

ABOUT THE AMC

IDBI Asset Management Limited

IDBI Asset Management Limited manages assets worth ₹ 5,021.12 crores. It’s current offering of mutual fund schemes includes 11 equity, 3 debt and 2 hybrid schemes.

Phone

+91 22 66442800

contactus@idbimutual.co.in

AUM

₹ 5,021.12 Cr (

As on Nov 30, 2025

)

Address

5th floor, Mafatlal Centre, Mumbai,400 021

FAQ's

What is the category of IDBI Banking Financial Services Fund Direct Transfer of Income Distribution cum Cap Withdrawal ?

The category of IDBI Banking Financial Services Fund Direct Transfer of Income Distribution cum Cap Withdrawal is Equity - Sector - Financial Services

What is the current NAV of IDBI Banking Financial Services Fund Direct Transfer of Income Distribution cum Cap Withdrawal ?

The current NAV of IDBI Banking Financial Services Fund Direct Transfer of Income Distribution cum Cap Withdrawal as on Jul 28, 2023 is ₹16.29

How safe is IDBI Banking Financial Services Fund Direct Transfer of Income Distribution cum Cap Withdrawal ?

The risk level of IDBI Banking Financial Services Fund Direct Transfer of Income Distribution cum Cap Withdrawal is Very High.

What are short term returns given by IDBI Banking Financial Services Fund Direct Transfer of Income Distribution cum Cap Withdrawal ?

The return given by IDBI Banking Financial Services Fund Direct Transfer of Income Distribution cum Cap Withdrawal in 1 month is 1.94%, 3 months is 7.67%, 6 months is 14.40%, and 1 year is 18.73%

What are the long term returns given by IDBI Banking Financial Services Fund Direct Transfer of Income Distribution cum Cap Withdrawal ?

The return given by IDBI Banking Financial Services Fund Direct Transfer of Income Distribution cum Cap Withdrawal in 3 years is 21.91% and 5 years is 9.92%.

What is the expense ratio of IDBI Banking Financial Services Fund Direct Transfer of Income Distribution cum Cap Withdrawal ?

The expense ratio of IDBI Banking Financial Services Fund Direct Transfer of Income Distribution cum Cap Withdrawal is 1.50%

What is the AUM of IDBI Banking Financial Services Fund Direct Transfer of Income Distribution cum Cap Withdrawal ?

The assets under Management (AUM) of IDBI Banking Financial Services Fund Direct Transfer of Income Distribution cum Cap Withdrawal is Rs 86.62 crores.

What is the minimum investment in IDBI Banking Financial Services Fund Direct Transfer of Income Distribution cum Cap Withdrawal ?

The minimum Lumpsum investment in IDBI Banking Financial Services Fund Direct Transfer of Income Distribution cum Cap Withdrawal is ₹5,000.00 and the minimum SIP investment in IDBI Banking Financial Services Fund Direct Transfer of Income Distribution cum Cap Withdrawal is ₹1,000.00

What is the asset allocation of IDBI Banking Financial Services Fund Direct Transfer of Income Distribution cum Cap Withdrawal?

IDBI Banking Financial Services Fund Direct Transfer of Income Distribution cum Cap Withdrawal has an exposure of