IDBI Banking & Financial Services Fund - Direct Plan (Growth)
A specialised fund. Check the scheme details for what it invests in. From IDBI Mutual Fund. It's been running since 8 Jun 2018.
What ₹1 lakh would have become
Based on past returnsThese are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.
Play with a monthly investment
Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.
Vs 31 other funds in Formerly Known as IIFL Mutual Fund
Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.
Year by year
Calendar-year returns. 6 of last 6 years were positive.
Price over time
How the per-unit price has moved. Tap a range to zoom in.
Bumpiness & worst drops
The value swings roughly 20% up or down in a typical year. Finance-speak calls this volatility.
A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.
Similar funds you might want to look at
Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.
Head-to-head comparisons
Side-by-side comparisons of IDBI Banking & Financial Services Fund - Direct Plan (Growth) against other other funds.
Technical details (for the pros)
Fund info
- Fund house
- IDBI Mutual Fund
- Category
- Formerly Known as IIFL Mutual Fund
- Plan
- Direct
- Option
- Growth
- ISIN (Growth)
- —
- ISIN (Div re-invest)
- —
- Fund code
- 143353
- First price on record
- 8 Jun 2018 · 1,266 daily prices
About IDBI Banking & Financial Services Fund - Direct Plan (Growth)
IDBI Banking & Financial Services Fund - Direct Plan (Growth) is a Formerly Known as IIFL Mutual Fund offered by IDBI Mutual Fund under the Direct plan with the Growth option. It has approximately 8 years of NAV track record. The fund falls in the other category — A specialised fund. Check the scheme details for what it invests in.
The current NAV of IDBI Banking & Financial Services Fund - Direct Plan (Growth) is ₹16.3400 (as of 27 Jul 2023). Historically, it has delivered 21.85% over the last year, 22.51% CAGR over 3 years, 9.99% CAGR over 5 years. Returns are historical and don't predict future performance.
Over the last three years, the fund's prices have moved with 19.7% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 43.3%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.
Frequently asked
What is the latest NAV of IDBI Banking & Financial Services Fund - Direct Plan (Growth)?+
The latest NAV of IDBI Banking & Financial Services Fund - Direct Plan (Growth) is ₹16.3400 as of 27 Jul 2023, down 0.91% from the previous day. NAV is updated once a business day after the market close.
What are the returns of IDBI Banking & Financial Services Fund - Direct Plan (Growth)?+
IDBI Banking & Financial Services Fund - Direct Plan (Growth) has delivered 1-year return 21.85%, 3-year CAGR 22.51%, 5-year CAGR 9.99%, since-inception CAGR 9.99%. Returns are historical and don't predict future performance — markets move in cycles.
What category does IDBI Banking & Financial Services Fund - Direct Plan (Growth) belong to?+
IDBI Banking & Financial Services Fund - Direct Plan (Growth) is categorised as Formerly Known as IIFL Mutual Fund. A specialised fund. Check the scheme details for what it invests in.
How risky is IDBI Banking & Financial Services Fund - Direct Plan (Growth)?+
Based on its 3-year annualised volatility of 19.7%, IDBI Banking & Financial Services Fund - Direct Plan (Growth) sits in the "high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.
Is IDBI Banking & Financial Services Fund - Direct Plan (Growth) a direct plan?+
IDBI Banking & Financial Services Fund - Direct Plan (Growth) is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).
How old is IDBI Banking & Financial Services Fund - Direct Plan (Growth)?+
IDBI Banking & Financial Services Fund - Direct Plan (Growth) has NAV history available from 8 Jun 2018 — approximately 8 years of track record and 1,266 daily NAV observations.
Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.