Fund Details
HDFC Long Term Advantage Fund Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 2.28% |
| NAV | ₹459.35 (09 Apr 2021) |
|---|---|
| Fund Started | 02 Jan 2001 |
| Fund Size | ₹1,276 Cr |
Returns
Comparison
1. Age is more than 10 years
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
5. Exit load is zero
1. Higher expense ratio - 2.27780229%
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 9.4% |
| ICICI Bank Ltd. | Financial | Equity | 9.1% |
| Reliance Industries Ltd. | Energy | Equity | 8.2% |
| Infosys Ltd. | Technology | Equity | 8.0% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 7.8% |
| Larsen & Toubro Ltd. | Construction | Equity | 6.8% |
| State Bank of India | Financial | Equity | 6.0% |
| Carborundum Universal Ltd. | Metals | Equity | 4.9% |
| ITC Ltd. | FMCG | Equity | 4.8% |
| Aurobindo Pharma Ltd. | Healthcare | Equity | 3.5% |
Fund Managers
HDFC Long Term Advantage Fund Growth Details
HDFC Long Term Advantage Fund Growth is a Equity Mutual Fund Scheme launched by HDFC Mutual Fund. This scheme was made available to investors on 02 Jan 2001. Chirag Setalvad is the Current Fund Manager of HDFC Long Term Advantage Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,276 Cr and the Latest NAV as of 09 Apr 2021 is ₹459.35.
The HDFC Long Term Advantage Fund Growth is rated Very 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%.
