HDFC Long Term Advantage Plan - Growth Plan

Fund House: HDFC Mutual Fund
Category: Equity: ELSS
Launch Date: 05-01-2001
Asset Class: Equity
Benchmark: S&P BSE SENSEX TRI
Expense Ratio: 2.2% As on (30-09-2019)
Status: Open Ended Schemes
Minimum Investment: 500.0
Minimum Topup: 500.0
Total Assets: 1,245.16 Cr As on (30-04-2021)
Turn over: 1.03% | Exit Load: Nil

471.867

20.81%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
-
vs
S&P BSE SENSEX TRI
-
Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
2 Years 7 Months
3 Years 9 Months
4 Years 4 Months
6 Years 5 Months
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

The schemes provides tax benefit under section (88) and there fore has a lock in period of 3 years. It is aimed at providing capital appreciation by investing predominantly in equity and equity related instruments.

Current Asset Allocation (%)

Indicators

Volatility 13.68
Sharp Ratio 0.116
Alpha 6.35
Beta 0.955
Yield to Maturity -
Average Maturity -

PEER COMPARISON

Scheme Name Inception
Date
1 Year
Return(%)
2 Year
Return(%)
3 Year
Return(%)
5 Year
Return(%)
10 Year
Return(%)
HDFC Long Term Advantage Plan - Growth Plan 05-01-2001 72.18 15.55 11.66 15.06 13.35
quant Tax Plan - Growth Option - Regular Plan 01-04-2000 128.64 43.55 26.55 22.81 15.12
IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth 26-12-2008 92.52 21.06 10.52 15.82 15.41
Mirae Asset Tax Saver Fund-Regular Plan-Growth 05-12-2015 78.69 23.92 17.09 20.93 -
Franklin India Taxshield-Growth 05-04-1999 74.81 14.1 8.92 11.17 13.37
JM Tax Gain Fund (Regular) - Growth option 31-03-2008 71.67 18.87 11.99 16.21 13.52
DSP Tax Saver Fund - Regular Plan - Growth 05-01-2007 71.04 21.42 14.16 16.33 15.32
PGIM India Long Term Equity Fund - Regular Plan - Growth Option 11-12-2015 71.02 18.6 11.94 14.46 -
Quantum Tax Saving Fund - Regular Plan Growth Option 01-04-2017 70.52 12.46 9.0 - -
BOI AXA Tax Advantage Fund-Regular Plan- Growth 25-02-2009 70.09 29.26 12.39 17.67 14.28

Scheme Characteristics

Minimum investment in equity & equity related instruments - 80% of total assets (in accordance with Equity Linked Saving Scheme, 2005 notified by Ministry of Finance).

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Small Cap

16.88%

Others

4.8%

Large Cap

77.45%

Mid Cap

0.87%

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#

Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **

# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund

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