You are using an older browser version. Please use a supported version for the best MSN experience.

IDBI Equity Advantage Dir DP

20.40
-0.12
-0.58%
16-08-2018
5 Years
  • Previous Close

    20.52

  • Yield

    15.42%

  • Front load

    None

  • Expenses

    1.70%

  • Category

    ELSS (Tax Savings)

  • Morningstar Risk

    Low

  • Morningstar Rating ★★★
Profile

Name of Issuer

IDBI Asset Management Limited

Fund Style

Open

Fund Manager

Uma Venkatraman

Investment Style

Large Growth

The Scheme will seek to invest predominantly in a diversified portfolio of equity and equity related instruments with the objective to provide investors with opportunities for capital appreciation and income along with the benefit of income-tax deduction(under section 80C of the Income-tax Act, 1961) on their investments. Investments in this scheme would be subject to a statutory lock-in of 3 years from the date of allotment to be eligible for income-tax benefits under Section 80C. There can be no assurance that the investment objective under the scheme will be realized.

Purchase Information

Initial Purchase 500
Initial Purchase: IRA NA
Initial Purchase: AIP NA

Inception

10-09-2013

image beaconimage beaconimage beacon