IDFC Tax Advantage (ELSS) Direct Plan Growth

Equity
ELSS
Very High Risk
3Y Lock In
23.50%
3Y annualised
+0.66% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 03 Feb 2023₹112.26
Min. SIP amount₹500
Rating4
Fund size₹4,025.95Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns1.4%23.5%12.8%17.3%
Category average-0.7%15.8%9.9%NA
Rank with in category1338NA
Understand terms

Holdings (48)

NameSectorInstrumentAssets
ICICI Bank Ltd.FinancialEquity8.4%
State Bank of IndiaFinancialEquity5.3%
Infosys Ltd.TechnologyEquity5.1%
HDFC Bank Ltd.FinancialEquity4.3%
Reliance Industries Ltd.EnergyEquity3.8%
Axis Bank Ltd.FinancialEquity3.3%
Bharti Airtel Ltd.CommunicationEquity2.8%
Tata Motors Ltd.AutomobileEquity2.5%
Mahindra & Mahindra Ltd.AutomobileEquity2.5%
Jindal Steel & Power Ltd.Metals & MiningEquity2.5%
See All

Pros and cons

Category: Equity ELSS

Pros

Cons

Consistently higher annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y
Lock-in period: 3Y
Higher alpha: 3.77 The fund has generated returns higher than benchmark - S&P BSE 500 Total Return Index - in the last 3Y
Exit load is zero
Lower expense ratio: 0.74%

Expense ratio, exit load and tax

Expense ratio: 0.74%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

Fund house & investment objective

Fund house contact details

Address
Unit No. 27, Ground Floor,Khetan Bhavan,198, Jamshedji Tata Road,Churchgate, Mumbai 400020
Phone
022-24398777 / 24399999 / 66289999
Launch Date
20 Dec 1999
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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