|Min SIP Amount||₹500|
|NAV||₹65.94 (24 Nov 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹2,235 Cr|
|ICICI Bank Ltd.||Financial||Equity||6.3%|
|Reliance Industries Ltd.||Energy||Equity||5.1%|
|HDFC Bank Ltd.||Financial||Equity||4.2%|
|Bharti Airtel Ltd.||Communication||Equity||3.5%|
|Deepak Nitrite Ltd.||Chemicals||Equity||3.3%|
|Ipca Laboratories Ltd.||Healthcare||Equity||3.0%|
|KEC International Ltd.||Engineering||Equity||2.6%|
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.
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.
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.