IDFC Tax Advantage (ELSS) Direct Plan Growth-1.31%

4Groww
-10.26%
1 Year Return
Equity
ELSS
4.0 star
6M
1Y
3Y
5Y
All

Fund Details

IDFC Tax Advantage (ELSS) Direct Plan Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio1.00%
NAV54.21 (19 Sep 2019)
Fund Started01 Jan 2013
Fund Size1,877 Cr

Fund Overview

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

Returns

1Y
3Y*
5Y*
Since inception*
IDFC Tax Advantage (ELSS) Direct Plan Growth
-10.3%
7.3%
9.3%
13.9%
Category Average
-12.5%
6.8%
11.9%
-
Rank within category
30
12
10
-
*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
    30
    with -10.3% annual returns

    Comparison

    Data not available
    Pros
    1. 1Y Returns are higher than the benchmark
    2. 3Y Returns are higher than the benchmark
    3. 5Y Returns are higher than the benchmark
    4. Exit load is zero
    Cons
    1. Risk is higher compared to the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    ICICI Bank Ltd.FinancialEquity7.2%
    HDFC Bank Ltd.FinancialEquity4.0%
    Axis Bank Ltd.FinancialEquity3.8%
    Reliance Industries Ltd.EnergyEquity3.7%
    State Bank of IndiaFinancialEquity3.6%
    Infosys Ltd.TechnologyEquity3.5%
    Future Retail Ltd.ServicesEquity2.8%
    Larsen & Toubro Ltd.ConstructionEquity2.3%
    Nestle India Ltd.FMCGEquity2.2%
    RBL Bank Ltd.FinancialEquity1.9%
    See All

    Fund Managers

    addDaylynn Gerard Paul Pinto

    Other Details

    IDFC Tax Advantage (ELSS) Direct Plan Growth is a Equity Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Daylynn Pinto is the Current Fund Manager of IDFC Tax Advantage (ELSS) Direct Plan Growth.The fund currently has an Asset Under Management(AUM) of ₹1,877 Cr and the Latest NAV as of 19 Sep 2019 is ₹54.21.

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

    Investment Objective

    The investment objective of the scheme is to seek to generate long-term capital growth from a diversified portfolio of predominantly Equity and Equity related securities. There is no assurance or guarantee that the objectives of the scheme will be realized and the scheme does not assure or guarantee any returns. The investment policies shall be framed in accordance with SEBI (Mutual Funds) Regulations, 1996 and rules and guidelines for Equity Linked Savings Scheme (ELSS), 2005 (and modifications to them)

    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
    12 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,
    Invest Now
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    + ₹1,000
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