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4 star

IDFC Tax Advantage (ELSS) Fund - Regular Plan


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.95 Lakh

₹ 10000

Monthly SIP Grown to
₹ 6.15 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
Fund 49.89 0.04 -3.53 3.16 11.28 30.50 76.69 24.83 17.73 16.75 17.98
S&P BSE 500 TRI 34.58 -0.41 -3.44 0.99 12.25 27.45 58.34 23.43 16.77 14.56 15.51
Equity: ELSS 33.99 -0.22 -3.10 1.21 10.57 26.97 56.04 22.09 14.78 14.04 16.00
Rank within category 2 12 31 4 16 8 2 8 5 3 4
Number of funds in category 38 38 38 38 38 38 38 35 34 29 27

As on 25-Oct-2021

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
4 star
Dec-08 76.69 24.83 17.73 1.93% 3,439
Axis Long Term Equity Fund
4 star
Dec-09 55.70 24.38 17.52 1.51% 34,371
Mirae Asset Tax Saver Fund - Regular Plan  | Invest Online
5 star
Dec-15 59.57 27.40 20.44 1.66% 9,832
DSP Tax Saver Fund  | Invest Online
4 star
Jan-07 64.25 26.64 16.21 1.75% 9,756
UTI Long Term Equity Fund  | Invest Online
4 star
Dec-99 58.56 23.81 15.69 2.26% 3,041

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
Fund 22.48 26.02 0.71 0.76 1.15 -0.69
S&P BSE 500 TRI 20.70 22.02 0.76 0.86 -- --
Equity: ELSS 19.52 21.54 0.72 0.78 0.95 -0.34
Rank within category 7 35 17 19 35 18
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 30-Sep-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 50
Top 10 Stocks (%) 41.73
Top 5 Stocks (%) 27.22
Top 3 Sectors (%) 47.92
Portfolio P/B Ratio 3.03
Portfolio P/E Ratio 25.67

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 67,670 1,33,866
Giant (%) 38.85 51.26
Large (%) 13.20 16.18
Mid (%) 30.73 25.11
Small (%) 16.80 7.62
Tiny (%) 0.43 0.22

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 27.49 8.26 5.08 7.34
equal Infosys Technology 34.38 7.03 2.84 6.70
equal State Bank of India Financial 18.07 4.91 0.00 4.74
equal HDFC Bank Financial 26.81 4.92 3.83 4.41
equal Reliance Industries Energy 33.67 5.52 3.34 4.03
down Deepak Nitrite Chemicals 32.72 4.43 1.12 3.81
down Bharti Airtel Communication 358.71 4.48 0.00 3.00
equal Tata Motors Automobile -- 3.26 0.00 2.91
equal HCL Technologies Technology 27.43 2.60 0.00 2.60
equal KEC International Engineering 25.62 2.78 1.35 2.19
down Mastek Technology 30.75 2.58 0.79 2.18
equal NCC Construction 15.06 2.77 0.00 2.16
up Greenpanel Industries FMCG 28.88 2.16 0.00 2.16
equal Axis Bank Financial 30.66 4.22 0.00 2.12
equal United Spirits FMCG 88.00 2.11 0.00 2.11
up Mahindra & Mahindra Automobile 47.41 2.26 0.00 2.10
equal Cipla Healthcare 28.58 2.07 0.00 2.07
equal Tata Chemicals Chemicals 46.99 2.00 0.00 2.00
equal Ultratech Cement Construction 32.32 2.11 0.00 1.94
down VRL Logistics Services 33.18 1.94 0.95 1.94
equal Bharat Forge Automobile 231.11 2.09 0.00 1.93
equal Jindal Steel & Power Metals 12.41 2.59 1.19 1.92
equal Graphite India Engineering 51.44 2.43 0.17 1.76
down Voltas Consumer Durable 69.82 1.63 0.96 1.59
down Apollo Pipes Financial 41.14 1.51 0.58 1.51

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-Sep-2021

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.

Funds Managed:


0.04%

Change from previous, NAV as on 25-Oct-2021

Growth: ₹ 97.8900

IDCW: ₹ 27.1500


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

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 500
Minimum 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: 19.45%
Benchmark: S&P BSE 200 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 3,439 Cr (As on 30-Sep-2021)
Expense: 1.93% (As on 30-Sep-2021)
Risk Grade: High
Return Grade: Above Average
Turnover: 24.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW22-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: Unit No. 27, Ground Floor, Khetan Bhavan,198, Jamshedji Tata Road, Churchgate, Mumbai - 400020

Phone: 022-24398777 / 24399999 / 66289999

Fax: 24215052 / 24215051

Email: [email protected]

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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