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IDFC Tax Advantage (ELSS) Fund - Regular Plan download report


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.93 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.30 Lakh

Suitability:

"When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. In addition, there is a tax benefit. Under Section 80C of the Indian income tax laws, investments of up to Rs 1.5 lakh in a financial year in eligible securities such as this fund are exempt from tax.

But be prepared for ups and downs in your investment value along the way. Also note that you cannot withdraw your money from this fund before completing three years from the date of investment.

Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other ELSS, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
IDFC Tax Advantage (ELSS) Reg-G -0.85 0.08 1.66 9.56 1.50 -3.50 7.61 24.42 13.14 12.61 17.58
S&P BSE 500 TRI 0.64 0.04 1.62 10.88 4.16 -0.06 8.03 20.74 12.70 12.49 15.12
Equity: ELSS -1.82 0.22 1.36 9.79 4.21 -2.52 4.24 19.05 10.94 10.91 15.28
Rank within category 16 28 9 21 35 27 7 3 5 5 3
Number of funds in category 36 36 36 36 36 36 36 35 32 28 26

As on 05-Aug-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
IDFC Tax Advantage (ELSS) Fund - Regular Plan  | Invest Online
4 star
Dec-08 7.61 24.42 13.14 1.96 3,399
Mirae Asset Tax Saver Fund - Regular Plan  | Invest Online
5 star
Dec-15 3.85 22.19 14.69 1.66 11,495
DSP Tax Saver Fund
4 star
Jan-07 2.48 20.75 12.41 1.78 9,091
Canara Robeco Equity Tax Saver Fund - Regular Plan  | Invest Online
5 star
Mar-93 4.97 23.27 15.30 2.01 3,518
Kotak Tax Saver Regular Plan  | Invest Online
4 star
Nov-05 6.81 20.26 12.12 2.04 2,529

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 14.68 13-May-2009 - 20-May-2009 -19.99 16-Mar-2020 - 23-Mar-2020
Month 25.12 06-May-2009 - 05-Jun-2009 -39.43 20-Feb-2020 - 23-Mar-2020
Quarter 53.68 05-Mar-2009 - 04-Jun-2009 -37.01 23-Dec-2019 - 23-Mar-2020
Year 117.70 23-Mar-2020 - 23-Mar-2021 -38.01 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
IDFC Tax Advantage (ELSS) Reg-G 23.88 26.08 0.78 0.83 1.13 1.48
S&P BSE 500 TRI 20.28 22.43 0.75 0.86 -- --
Equity: ELSS 18.78 21.76 0.70 0.77 0.94 -0.49
Rank within category 3 35 7 9 35 6
Number of funds in category 35 35 35 35 35 35

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Jul-2022

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 51
Top 10 Stocks (%) 41.51
Top 5 Stocks (%) 27.09
Top 3 Sectors (%) 48.65
Portfolio P/B Ratio 2.66
Portfolio P/E Ratio 19.28

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 81,829 1,34,619
Giant (%) 41.50 53.55
Large (%) 20.03 18.01
Mid (%) 22.38 22.43
Small (%) 15.72 6.34
Tiny (%) 0.38 0.19

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal ICICI Bank Financial 21.04 8.44 5.73 7.91
equal Infosys Technology 30.54 7.48 2.87 6.02
equal State Bank of India Financial 13.41 5.41 0.00 4.80
equal Reliance Industries Energy 25.83 5.52 3.34 4.20
equal HDFC Bank Financial 19.97 4.92 3.76 4.16
equal Tata Motors Automobile -- 4.05 0.00 3.39
equal Mahindra & Mahindra Automobile 18.41 2.89 0.00 2.89
equal Bharti Airtel Communication 98.40 4.48 0.00 2.82
down VRL Logistics Services 33.62 2.81 0.95 2.76
up Greenpanel Industries Materials 18.80 3.35 0.07 2.56
up Axis Bank Financial 13.86 3.81 0.00 2.43
equal Deepak Nitrite Chemicals 27.65 4.43 1.83 2.20
up KEC International Capital Goods 34.43 2.78 1.63 2.13
equal Cipla Healthcare 33.62 2.17 0.00 2.02
equal HCL Technologies Technology 19.15 2.61 0.00 2.00
equal Tata Consultancy Services Technology 31.74 2.12 0.00 1.92
equal United Spirits Consumer Staples 54.90 2.29 0.00 1.90
equal Dr. Reddy's Lab Healthcare 23.12 2.36 0.00 1.81
equal Bharat Forge Automobile 30.42 2.09 0.00 1.77
equal HDFC Financial 18.68 2.45 0.00 1.76
equal CG Power & Industrial Solutions Capital Goods 36.33 1.75 0.11 1.75
equal Tata Chemicals Chemicals 19.16 2.00 0.59 1.75
equal Jindal Steel & Power Metals & Mining 5.20 2.59 1.24 1.74
equal UNO Minda Automobile 83.54 2.18 0.64 1.63
equal The Indian Hotels Company Services -- 1.83 0.70 1.61

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Jun-2022

Fund Manager

— Daylynn Gerard Paul Pinto since 20-Oct-2016

Education: Mr. Pinto is a B.Com (H) and PGDM.

Experience: Prior to joining IDFC AMC he was associated with UTI AMC (Jul 2006-Sep 2016) as fund manager.

Interviews:

Funds Managed:


0.08%

Change from previous, NAV as on 05-Aug-2022

Growth: ₹ 96.6110

IDCW: ₹ 25.5010


Investment Strategy

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.

Investment Details

Min. Investment (₹) 500
Min. Addl Investment (₹) 500
Min. SIP Investment (₹) 1,000
Min. No of Cheques 6
Min. Withdrawal (₹) 500
Min. Balance (₹) 1
Lock-in Period 3 Years
Exit Load 0

Basic Details

Fund House: IDFC Mutual Fund
Launch Date: 26-Dec-2008
Return Since Launch: 18.12%
Benchmark: S&P BSE 500 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 3,399 Cr (As on 30-Jun-2022)
Expense Ratio: 1.96% (As on 30-Jun-2022)
Risk Grade: High
Return Grade: Above Average
Turnover: 21.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW28-Jul-20221.2800

 22-Jul-20211.2700
 27-Mar-20190.3700
 27-Sep-20180.4800
 09-Feb-20180.6774
 18-Sep-20170.6200
 27-Feb-20171.2400
 29-Feb-20161.4000
 16-Feb-20152.0000
 17-Feb-20141.1900
 25-Mar-20130.1000
 30-Jan-20131.3000
 21-Mar-20121.0000
 23-Mar-20111.0000
 04-Feb-20112.5000
 23-Mar-20101.0000
 20-Jan-20102.5000

Contact Information

AMC: IDFC Asset Management Company Limited

Address: No. 27, Ground Floor Khetan Bhavan,198, Jamshedji Tata Road, Churchgate, Mumbai - 400020

Fax: 24215052 / 24215051

Website: http://www.idfcmf.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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