Jama - IDBI Equity Advantage Fund


IDBI Equity Advantage Fund


NAV : 42.12
(-0.8400000000000034
arrow_downward
)
AUM : ₹477 Cr.


Fund Returns

1 Month3 Months6 Months1 Year2 Years3 Years5 years
-0.09%-1.74%5.71%1.85%12.96%11.22%8.76%



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
NAV42.12
Launch Date-
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₹1,02,815₹1,02,496₹319
After 1 year₹1,01,849₹1,00,628₹1,221
After 3 years₹1,37,568₹1,32,746₹4,821
After 20 years₹8,38,392₹6,60,924₹1,77,468

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 : 11.22% 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