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 (31-08-2022)
Status: Open Ended Schemes
Minimum Investment: 500.0
Minimum Topup: 500.0
Total Assets: 3,851.42 Cr As on (31-08-2022)
Turn over: 18% | Exit Load: Nil

97.612

17.99%

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 0.87
Alpha 1.91
Beta 1.12
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 3.37 34.84 22.43 13.01 16.75
Quant Tax Plan - Growth Option - Regular Plan 01-04-2000 12.36 45.09 38.35 22.24 20.29
HDFC Taxsaver - Growth Plan 05-03-1996 7.06 30.99 15.96 9.49 12.9
Kotak Tax Saver-Scheme-Growth 01-11-2005 3.31 27.09 18.21 12.93 14.35
Parag Parikh Tax Saver Fund- Regular Growth 08-07-2019 3.09 23.99 22.37 - -
Sundaram Tax Savings Fund (Formerly Known as Principal Tax Savings Fund) Regular Growth 02-01-2013 2.24 29.02 18.75 11.05 15.64
Sundaram Diversified Equity (ELSS) Regular Plan - Growth 10-05-2005 2.21 26.87 14.88 8.81 12.65
Tata India Tax Savings Fund-Growth-Regular Plan 13-10-2014 1.92 26.22 15.62 11.2 -
PGIM India ELSS Tax Saver Fund - Regular Plan - Growth Option 11-12-2015 1.91 30.19 18.05 12.2 -
SBI Long Term Equity Fund - Regular Plan- Growth 31-03-1993 1.63 25.86 17.65 10.74 13.33

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

17.89%

Others

6.21%

Large Cap

54.76%

Mid Cap

21.14%

Scheme Documents

IDFC Factsheet August 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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