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: 2.13% As on (31-03-2019)
Status: Open Ended Schemes
Minimum Investment: 500.0
Minimum Topup: 500.0
Total Assets: 1,374.08 Cr As on (30-09-2019)
Turn over: 10.01% | Exit Load: 0.00% - 0 day

349.98

20.82%

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 02-01-2001 8.26 4.26 8.77 9.48 12.17
JM Tax Gain Fund - Growth option 31-03-2008 17.99 4.93 10.53 11.65 9.87
Axis Long Term Equity Fund - Growth 29-12-2009 16.53 8.73 12.37 13.11 -
BNP Paribas Long Term Equity Fund - Growth Option 05-01-2006 15.09 2.28 7.93 8.99 12.0
DSP Tax Saver Fund - Regular Plan - Growth 05-01-2007 14.89 3.32 8.2 11.52 12.95
Tata India Tax Savings Fund-Growth-Regular Plan 13-10-2014 12.94 2.25 8.53 12.49 -
LIC MF Tax Plan-Regular Plan-Growth 31-03-1997 12.59 6.08 9.31 9.86 9.37
Canara Robeco Equity Taxsaver Fund - Regular Plan - Growth 31-03-1993 11.15 7.04 9.58 9.17 12.02
Motilal Oswal Long Term Equity Fund (MOFLTE) - Regular Plan - Growth Option 21-01-2015 10.81 1.28 9.15 - -
Kotak Tax Saver-Scheme-Growth 23-11-2005 10.56 3.02 7.83 10.78 10.22

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

14.27%

Others

15.3%

Large Cap

64.68%

Mid Cap

5.75%

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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