IDFC Equity Savings Fund
An open ended scheme investing in equity, arbitrage and debt
IDFC Equity Savings Fund is a hybrid scheme investing in equity, arbitrage and debt with net equity exposure ranging from 20- 45% and debt exposure ranging from 20-35%, remaining being in arbitrage.
- Min Investment 5,000
- Min SIP Amount 100
- Exit Load
a) If redeemed/switched out within 7 days from the date of allotment:
->Upto 10% of investment:Nil,
->For remaining investment: 0.25% of applicable NAV.
b) If redeemed / switched out after 7 days from date of allotment: Nil.
Scheme is suitable for a minimum investment horizon of more than 3 years
Tier 1 Benchmark : CRISIL Equity Savings IndexAlternate Benchmark : CRISIL 10 Year Gilt Index
- Performance
- Portfolio
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Performance as on 31st May 2022
| Scheme Names | CAGR Returns (%) | Current value of Investment of 10,000 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 1 year | 3 year | 5 year | 10 year | 09/06/2008 Since inception | 1 year | 3 year | 5 year | 10 year | 09/06/2008 Since inception | |
| IDFC Equity Savings Fund - Regular Plan - Growth | 4.33 | 6.33 | 5.95 | 6.73 | 6.64 | 10,433 | 12,025 | 13,350 | 19,183 | 24,580 |
| 5.74 | 9.66 | 9.67 | 10.52 | N.A. | 10,574 | 13,191 | 15,870 | 27,210 | N.A. | |
| -3.88 | 4.08 | 4.31 | 6.30 | 6.32 | 9,612 | 11,276 | 12,350 | 18,420 | 23,558 | |
| ^ Tier 1 Benchmark | ^^ Alternate Benchmark | ^^^ Tier 2 Benchmark | ||||||||||
This fund is managed by Harshal Joshi (w.e.f 20/10/2016), Mr. Sachin Relekar (w.e.f 08/12/2020) Mr. Nemish Sheth (w.e.f 01/11/2021)
View fund performance of other funds managed by Harshal Joshi, Mr. Sachin Relekar , Mr. Nemish Sheth
Past performance may or may not be sustained in future.
Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc.
Taxation:
For taxation, please refer the link : https://bit.ly/3a5CcbE
IDFC Equity Savings Fund
(Scheme Risk-o-meter)
CRISIL Equity Savings Index
(Tier 1 Benchmark Risk-o-meter)
This product is suitable for investors who are seeking* :
- To generate long term capital growth and income.
- Investment predominantly in Equity and Equity related securities (including arbitrage and other derivative strategies) as well as Fixed Income securities.