Fund Details
HDFC Long Term Advantage Direct Plan Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 1.78% |
| NAV | ₹450.55 (25 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹1,288 Cr |
Returns
Comparison
1. 3Y Returns are higher than the category average returns
2. Exit load is zero
1. Risk-adjusted returns are lower compared to the category
2. Higher expense ratio - 1.68316871%
3. 1Y Returns are lower than the category average returns
4. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 10.0% |
| Infosys Ltd. | Technology | Equity | 9.8% |
| HDFC Bank Ltd. | Financial | Equity | 9.5% |
| Reliance Industries Ltd. | Energy | Equity | 8.0% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 8.0% |
| Larsen & Toubro Ltd. | Construction | Equity | 6.1% |
| State Bank of India | Financial | Equity | 5.5% |
| ITC Ltd. | FMCG | Equity | 4.6% |
| Carborundum Universal Ltd. | Metals | Equity | 3.9% |
| Aurobindo Pharma Ltd. | Healthcare | Equity | 3.6% |
Fund Managers
HDFC Long Term Advantage Direct Plan Growth Details
HDFC Long Term Advantage Direct Plan Growth is a Equity Mutual Fund Scheme launched by HDFC Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Chirag Setalvad is the Current Fund Manager of HDFC Long Term Advantage Direct Plan Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,288 Cr and the Latest NAV as of 25 Jan 2021 is ₹450.55.
The HDFC Long Term Advantage Direct Plan Growth is rated Moderately High risk. Minimum SIP Investment is set to 500.
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.
Tax Implications
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.
