IDFC Tax Advantage (ELSS) Direct Plan Growth+0.62%

11.64%
1 Year Return
Equity
ELSS
3.0star
6M
1Y
3Y
5Y
All

Fund Details

IDFC Tax Advantage (ELSS) Direct Plan Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio1.01%
NAV65.94 (24 Nov 2020)
Fund Started01 Jan 2013
Fund Size2,235 Cr

Fund Overview

Quick overview of IDFC Tax Advantage (ELSS) Direct Plan Growth

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
11.6%
3.0%
10.9%
14.5%
Category Average
9.3%
4.0%
9.6%
-
Rank Within Category
14
23
14
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 11.6% annual returns

    Comparison

    Data not available
    Pros
    1. Exit load is zero
    2. 1Y Returns are higher than the category average returns
    3. 5Y Returns are higher than the category average returns
    Cons
    1. 3Y Returns are lower than the category average returns

    Top Holdings

    NameSectorInstrument% Assets
    Infosys Ltd.TechnologyEquity6.4%
    ICICI Bank Ltd.FinancialEquity6.3%
    Reliance Industries Ltd.EnergyEquity5.1%
    HDFC Bank Ltd.FinancialEquity4.2%
    Bharti Airtel Ltd.CommunicationEquity3.5%
    Deepak Nitrite Ltd.ChemicalsEquity3.3%
    Ipca Laboratories Ltd.HealthcareEquity3.0%
    KEC International Ltd.EngineeringEquity2.6%
    ITC Ltd.FMCGEquity2.5%
    Mastek Ltd.TechnologyEquity2.5%
    See All

    IDFC Tax Advantage (ELSS) Direct Plan Growth Details

    IDFC Tax Advantage (ELSS) Direct Plan Growth is a Equity Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Daylynn Pinto is the Current Fund Manager of IDFC Tax Advantage (ELSS) Direct Plan Growth fund.The fund currently has an Asset Under Management(AUM) of ₹2,235 Cr and the Latest NAV as of 24 Nov 2020 is ₹65.94.

    The IDFC Tax Advantage (ELSS) Direct Plan Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.

    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.

    Tax Implications

    Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.

    Scheme Information Document(SID)

    ₹500
    Min for First Investment
    ₹500
    Min for Second Investment
    Nil
    Exit Load

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    About IDFC Mutual Fund

    Address
    OneIndiaBulls Centre, 841 Jupiter Mills Compound, Senapati Bapat Marg, Elphinstone Road (West), Mumbai 400013
    Phone
    022-66289999
    Launch Date
    13 Mar 2000
    Website
    NA
    IDFC Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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