HDFC Long Term Advantage Fund - Growth Option
| Category: Equity: ELSS |
| Launch Date: 02-01-2001 |
| 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: 1,392.25 Cr As on (31-10-2019) |
| Turn over: 1.03% | Exit Load: 0.00% - 0 day |
372.566
3.48 (0.9341%)
21.03%
S&P BSE SENSEX TRI 9.71%
PERFORMANCE
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
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 Fund - Growth Option | 02-01-2001 | 10.34 | 4.26 | 12.53 | 9.85 | 12.62 |
| DSP Tax Saver Fund - Regular Plan - Growth | 05-01-2007 | 15.07 | 4.79 | 12.06 | 11.17 | 13.17 |
| BOI AXA Tax Advantage Fund-Regular Plan- Growth | 25-02-2009 | 14.37 | 0.48 | 13.77 | 8.95 | 9.29 |
| Tata India Tax Savings Fund-Growth-Regular Plan | 13-10-2014 | 14.32 | 4.24 | 14.34 | 12.34 | - |
| BNP Paribas Long Term Equity Fund - Growth Option | 05-01-2006 | 14.04 | 3.35 | 12.8 | 8.49 | 12.45 |
| JM Tax Gain Fund - Growth option | 31-03-2008 | 13.84 | 5.73 | 14.88 | 10.63 | 9.73 |
| Mirae Asset Tax Saver Fund-Regular Plan-Growth | 28-12-2015 | 13.75 | 7.59 | 17.56 | - | - |
| Axis Long Term Equity Fund - Growth | 29-12-2009 | 13.25 | 9.82 | 16.23 | 11.61 | - |
| LIC MF Tax Plan-Regular Plan-Growth | 31-03-1997 | 13.04 | 7.43 | 14.08 | 9.23 | 10.26 |
| Motilal Oswal Long Term Equity Fund (MOFLTE) - Regular Plan - Growth Option | 21-01-2015 | 12.4 | 3.33 | 13.56 | - | - |
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
PORTFOLIO
Market Cap Distribution
Small Cap
14.47%
Others
16.33%
Large Cap
63.82%
Mid Cap
5.38%
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
