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IDBI Equity Advantage Dir DP

20.90
+0.05
+0.24%
18-08-2017
5 Years
  • Previous Close

    20.85

  • Yield

    4.71%

  • Front load

    None

  • Expenses

    2.07%

  • Category

    ELSS (Tax Savings)

  • Morningstar Risk

    Average

  • Morningstar Rating ★★★★
Profile

Name of Issuer

IDBI Asset Management Limited

Fund Style

Open

Fund Manager

V Balasubramanian

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

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