HDFC Long Term Advantage Fund - Growth Option

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: 1,064.27 Cr As on (30-06-2020)
Turn over: 1.03% | Exit Load: Nil

315.878

19.32%

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 Fund - Growth Option 05-01-2001 -13.02 -3.35 -0.56 5.89 9.43
BOI AXA Tax Advantage Fund-Regular Plan- Growth 25-02-2009 6.19 -1.57 3.6 6.15 8.89
Shriram Long Term Equity Fund - Regular Growth 18-01-2019 0.85 - - - -
Quant Tax Plan-Growth 01-04-2000 0.16 2.36 2.74 10.12 6.69
Canara Robeco Equity Taxsaver Fund - Regular Plan - Growth 31-03-1993 -0.31 2.59 5.34 6.36 9.93
BNP Paribas Long Term Equity Fund - Growth Option 05-01-2006 -1.39 1.55 1.51 4.0 10.67
Aditya Birla Sun Life Tax Relief 96 - Growth Option 05-03-1996 -1.4 -2.89 1.76 6.2 9.88
Union Long Term Equity Fund - Growth Option 23-12-2011 -1.91 -0.63 1.48 2.26 -
Invesco India Tax Plan - Growth 29-12-2006 -2.41 -1.71 3.5 6.05 11.22
Aditya Birla Sun Life Tax Plan - Regular Plan - Growth Option 16-02-1999 -2.55 -3.89 0.98 5.52 10.73

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

15.25%

Others

3.53%

Large Cap

76.01%

Mid Cap

5.21%

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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