Jama - IDBI Equity Advantage Fund


IDBI Equity Advantage Fund


NAV : 46.82
(+0.3400000000000034
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)
AUM : ₹5 Cr.


Fund Returns

1 Month3 Months6 Months1 Year2 Years3 Years5 years
3.61%7.05%2.95%18.3%11.91%21.55%10.19%



NAV History



Expense Ratio Trends


Fund Details

An open-ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit
NAV46.82
Launch Date10-09-2013
Min (1st time)₹500
Min (later on)₹500
Min SIP₹500
Expense Ratio121.0%
Exit Load : Nil


Direct Advantage

Investment of Rs.1,00,000 becomes
With JamaWith BrokerBack2Pocket
After 6 months₹1,01,462₹1,01,154₹308
After 1 year₹1,18,300₹1,16,874₹1,426
After 3 years₹1,79,571₹1,73,219₹6,353
After 20 years₹49,53,515₹38,96,088₹10,57,427

Investment Calculators



SIP Calculator

Per Month

500


Duration (in years)

25

After Years


Direct(Jama)

Broker(Regular)

Direct Savings :


START SIP    



Lumpsum Calculator

One Time

500


Duration (in years)

25

After Years


Direct(Jama)

Broker(Regular)

Direct Savings :


INVEST NOW

Returns assumed : 21.55% Past 3 yr Data




Fund Objective:
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.
Fund Manager:
Alok Ranjan