IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth

Fund House: IDFC Mutual Fund
Category: Equity: ELSS
Launch Date: 26-12-2008
Asset Class: Equity
Benchmark: S&P BSE 500 TRI
Expense Ratio: 1.94% As on (30-04-2022)
Status: Open Ended Schemes
Minimum Investment: 500.0
Minimum Topup: 500.0
Total Assets: 3,741.56 Cr As on (30-04-2022)
Turn over: 22% | Exit Load: Nil

90.38

17.82%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
-
vs
S&P BSE 500 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
1 Years 8 Months
6 Years 2 Months
8 Years 5 Months
12 Years 9 Months
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

The scheme seeks to build a diversified portfolio comprising of stocks of companies with strong fundamentals that are available at reasonable valuations. The scheme can be fully into equities (and equity related securities) and upto 20% in debt & money market instruments.

Current Asset Allocation (%)

Indicators

Volatility 14.97
Sharp Ratio 0.67
Alpha 1.22
Beta 1.01
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(%)
IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth 26-12-2008 8.89 47.68 15.86 12.97 17.91
HDFC Taxsaver - Growth Plan 05-03-1996 15.73 35.81 9.81 7.81 13.27
Parag Parikh Tax Saver Fund- Regular Growth 08-07-2019 14.41 38.64 - - -
Quant Tax Plan - Growth Option - Regular Plan 01-04-2000 13.42 60.41 29.64 20.92 19.99
Union Long Term Equity Fund - Growth Option 23-12-2011 10.17 35.25 15.71 11.79 13.67
Nippon India Tax Saver (ELSS) Fund-Growth Plan-Growth Option 05-09-2005 9.15 39.19 7.35 4.73 13.44
Sundaram Diversified Equity (ELSS) Regular Plan - Growth 10-05-2005 8.92 35.0 9.48 7.71 13.46
Sundaram Tax Savings Fund (Formerly Known as Principal Tax Savings Fund) Regular Growth 02-01-2013 8.89 35.92 12.47 10.29 16.44
PGIM India ELSS Tax Saver Fund - Regular Plan - Growth Option 11-12-2015 8.75 37.5 14.49 11.51 -
Mahindra Manulife ELSS Kar Bachat Yojana - Regular Plan - Growth 05-10-2016 8.32 35.83 13.25 8.75 -

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

21.05%

Others

3.99%

Large Cap

54.37%

Mid Cap

20.59%

Scheme Documents

IDFC Factsheet March 2022

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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