|Min SIP Amount||₹500|
|NAV||₹52.69 (10 Jul 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹1,725 Cr|
|ICICI Bank Ltd.||Financial||Equity||6.3%|
|Reliance Industries Ltd.||Energy||Equity||4.9%|
|HDFC Bank Ltd.||Financial||Equity||4.7%|
|Bharti Airtel Ltd.||Communication||Equity||4.5%|
|Deepak Nitrite Ltd.||Chemicals||Equity||3.1%|
|Axis Bank Ltd.||Financial||Equity||2.7%|
|Ipca Laboratories Ltd.||Healthcare||Equity||2.5%|
|Dr. Reddy's Laboratories Ltd.||Healthcare||Equity||2.4%|
|Nestle India Ltd.||FMCG||Equity||2.2%|
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 ₹1,725 Cr and the Latest NAV as of 10 Jul 2020 is ₹52.69.
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 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%.