IDFC Tax Advantage (ELSS) Direct Plan Dividend 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 Dividend.The fund currently has an Asset Under Management(AUM) of ₹1,994 Cr and the Latest NAV as of 18 Oct 2019 is ₹19.13.
The IDFC Tax Advantage (ELSS) Direct Plan Dividend is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Nil.
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)
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)
Min for First Investment
Min for Second Investment