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IDBI BANKING and FINANCIAL SERVICES FUND

IDBI BANKING & FINANCIAL SERVICES FUND

An open ended equity scheme investing in Banking & Financial Services Sector

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Fund Manager

Mr. Alok Ranjan

Total Experience: Over 25 Years (Managing this Scheme since 6th August, 2021)

Other Funds Managed by Mr. Alok Ranjan - Click Here

Fund Manager

Mr. Alok Ranjan

Other Funds managed by Fund Manager

Equity Schemes
IDBI HEALTHCARE FUND
IDBI DIVIDEND YIELD FUND
IDBI LONG TERM VALUE FUND
IDBI FOCUSED 30 EQUITY FUND
IDBI SMALL CAP FUND
IDBI MIDCAP FUND
IDBI FLEXI CAP FUND
IDBI EQUITY ADVANTAGE FUND
IDBI INDIA TOP 100 EQUITY FUND

Hybrid Schemes
IDBI HYBRID EQUITY FUND (Equity Portion)
IDBI EQUITY SAVINGS FUND (Equity Portion)

Fund Information

NAV

15.25

As on 28 Jul 23

IDCW stands for Income Distribution cum Capital Withdrawal

Fund Category

SECTORAL/ THEMATIC

Inception

04 Jun 2018

Benchmark

NIFTY Financial Services - Total Return Index (TRI)

Entry Load

Not Applicable

Exit Load

1% for exit within 12 months from the date of allotment

Face Value

Rs. 10/- per unit

Returns

As of last business day of the month- June 2023

31.19%

Investment Essentials

Minimum Application Amount

Minimum Lumpsum Amount:
Rs. 5,000/- and in multiples of Re. 1

Minimum Additional Lumpsum Amount:

Rs. 1,000/- and in multiples of Re. 1

Systematic Investment Plan (SIP) Options

Monthly Option:
Rs. 500/- for minimum 12 months
Or
Rs. 1000 for minimum 6 months

Quarterly Option:
Rs. 1500/- for minimum4 quarters.

SCHEME LABEL

Riskometer

This product is suitable for investors who are seeking*

Long term capital growth
Investment predominantly in Equity & Equity related instruments of companies engaged in Banking & Financial Sevices Sectors

*Investor should consult their financial advisors if in doubt about whether the product is suitable for them.

Investment Objective

The objective of the scheme is to provide investors maximum growth opportunities and to achieve long term capital appreciation by predominantly investing in equity and equity related instruments of companies engaged in Banking and Financial Services Sector. However there can be no assurance that the investment objective under the scheme will be realized.

Portfolio as on 30/6/2023

Security Name	% to Net Assets*
EQUITY & EQUITY RELATED	95.42
AU Small Finance Bank Ltd.	1.33
Axis Bank Ltd.	9.45
Bajaj Finance Ltd.	7.85
Bajaj Finserv Ltd.	2.68
Bank of Baroda	2.17
Can Fin Homes Ltd.	3.47
Cholamandalam Investment & Finance Co. Ltd.	6.53
HDFC Asset Management Co. Ltd.	0.65
HDFC Bank Ltd.	20.02
HDFC Life Insurance Company Ltd.	1.80
Housing Development Finance Corporation Ltd.	4.50
ICICI Bank Ltd.	16.82
ICICI Lombard General Insurance Company Ltd.	0.95
Kotak Mahindra Bank Ltd.	5.57
Max Financial Services Ltd.	1.36
SBI Cards & Payment Services Ltd.	0.82
State Bank of India	7.26
The Federal Bank Ltd.	2.19
TREPS on G-sec or T-bills	4.20
CASH & CASH RECEIVABLES	0.38
TOTAL	100.00

*Rounded off to the nearest two digits after the decimal point.

Scheme Performance as of last business day of the month - June 2023

Regular Plan

Schemes managed by Fund Manager (FM) - Mr. Alok Ranjan Experience - Over 25 years

Returns (in %)				Value of Rs. 10,000/- invested
Period	Scheme	Benchmark#	Additional Benchmark##	Scheme (Rs.)	Benchmark# (Rs.)	Additional Benchmark## (Rs.)
1 year	31.19	30.79	22.91	13,119	13,079	12,291
3 years	22.22	24.80	24.54	18,259	19,436	19,315
5 years	8.52	13.48	13.70	15,055	18,829	19,018
Since Inception (SI) Date: 04 June, 2018	8.46	13.54	13.74	15,100	19,048	19,214
FM managing this Scheme Since 6th August, 2021 The Regular Plan of this scheme is in existence for a period less than 3 years. #NIFTY Financial Services - TRI, ## NIFTY 50 TRI

Direct Plan

Schemes managed by Fund Manager (FM) - Mr. Alok Ranjan Experience - Over 25 years

Returns (in %)				Value of Rs. 10,000/- invested
Period	Scheme	Benchmark#	Additional Benchmark##	Scheme (Rs.)	Benchmark# (Rs.)	Additional Benchmark## (Rs.)
1 year	32.54	30.79	22.91	13,254	13,079	12,291
3 years	23.47	24.80	24.54	18,821	19,436	19,315
5 years	9.93	13.48	13.70	16,066	18,829	19,018
Since Inception (SI) Date: 04 June, 2018	9.88	13.54	13.74	16,130	19,048	19,214
FM managing this Scheme Since 6th August, 2021 The Direct Plan of this scheme is in existence for a period less than 3 years. #NIFTY Financial Services - TRI, ## NIFTY 50 TRI

Past Performance may or may not be sustained in the future. Returns pertain to growth option under Regular & Direct Plan. The returns are Compounded Annual Growth Returns (CAGR) for past 1 year, 3 years, 5 years & since inception period and annualised for the period below 1 year. The Regular and Direct Plan of IDBI Mutual Fund have different expense structure.