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Unrated

HDFC Long Term Advantage Fund - Direct Plan


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.71 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.39 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.

Read more

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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 35.41 1.54 1.19 -2.82 3.14 11.83 40.36 19.50 17.58 13.39 --
S&P BSE 500 TRI 30.16 1.48 1.22 -3.57 0.38 10.51 35.51 19.89 17.82 12.89 --
Equity: ELSS 31.37 1.47 0.96 -3.23 0.61 11.85 36.77 20.10 17.29 13.17 --

As on 07-Dec-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
HDFC Long Term Advantage Fund - Direct Plan  | Invest Online
Unrated
Jan-13 40.36 19.50 17.58 1.80% 1,373
Axis Long Term Equity Fund - Direct Plan
4 star
Jan-13 32.84 21.92 20.41 0.74% 34,235
Mirae Asset Tax Saver Fund - Direct Plan  | Invest Online
5 star
Dec-15 40.68 25.86 23.56 0.43% 10,146
DSP Tax Saver Fund - Direct Plan  | Invest Online
4 star
Jan-13 40.42 23.33 18.47 0.81% 9,805
IDFC Tax Advantage (ELSS) Fund - Direct Plan
4 star
Jan-13 49.74 22.99 20.79 0.74% 3,518

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 11.57 29-Jan-2021 - 05-Feb-2021 -19.07 16-Mar-2020 - 23-Mar-2020
Month 20.60 23-Mar-2020 - 22-Apr-2020 -38.70 20-Feb-2020 - 23-Mar-2020
Quarter 34.19 23-Mar-2020 - 22-Jun-2020 -38.75 23-Dec-2019 - 23-Mar-2020
Year 99.38 23-Mar-2020 - 23-Mar-2021 -35.40 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 19.89 23.66 0.68 0.76 1.06 -0.84
S&P BSE 500 TRI 19.76 21.92 0.73 0.84 -- --
Equity: ELSS 19.84 21.49 0.75 0.81 0.95 0.85

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

As on 30-Nov-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 22
Top 10 Stocks (%) 72.75
Top 5 Stocks (%) 45.66
Top 3 Sectors (%) 63.93
Portfolio P/B Ratio 2.82
Portfolio P/E Ratio 19.42

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 2,09,920 1,36,970
Giant (%) 72.15 53.06
Large (%) 7.07 14.68
Mid (%) 14.72 25.08
Small (%) 6.05 7.34
Tiny (%) -- 0.21

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
down ICICI Bank Financial 24.03 9.97 7.66 9.81
down Reliance Industries Energy 30.82 12.02 7.70 9.23
equal HDFC Bank Financial 24.70 10.48 8.59 9.22
equal Infosys Technology 34.47 10.40 6.53 9.11
equal HDFC Financial 24.48 8.29 5.17 8.29
equal State Bank of India Financial 14.85 7.68 4.23 7.68
equal Larsen & Toubro Construction 28.85 7.45 4.91 7.07
equal ITC FMCG 19.05 5.82 4.17 4.59
equal Redington India Services 11.34 4.81 0.99 4.08
equal Carborundum Universal Metals 50.06 5.48 2.64 3.67
equal Tata Motors DVR Automobile -- 3.31 0.62 3.31
equal Vesuvius India Construction 33.27 3.97 2.87 3.04
equal Bharat Petroleum Corporation Energy 4.69 3.78 2.54 3.04
equal Power Grid Corporation Energy 8.91 2.78 1.83 2.69
equal Bharti Airtel Communication 135.72 2.86 0.85 2.56
equal Aurobindo Pharma Healthcare 7.58 3.94 1.60 2.01
equal HDFC Sensex ETF-IDCW Financial -- 1.99
equal Oriental Carbon & Chemicals Chemicals 11.34 2.22 1.59 1.95
equal Tata Steel Metals 4.51 3.09 0.91 1.92
equal Cholamandalam Financial Holdings Financial 16.54 1.49 0.72 1.49
equal Bank of Baroda Financial 12.15 1.45 0.59 1.15
equal eClerx Services Services 19.85 0.74 0.14 0.69
equal LG Balakrishnan & Brothers Automobile 7.09 0.32 0.14 0.30
new Bharti Airtel Ltd. PPE Communication -- 0.08

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 31-Oct-2021

Fund Manager

— Chirag Setalvad since 01-Jan-2013

Education: Mr. Setalvad is a B. Sc and MBA from University of North Carolina.

Experience: Prior to joining HDFC AMC he has worked with New Vernon Advisory Services Ltd., HDFC AMC and ING Barings N.V.

Funds Managed:


1.54%

Change from previous, NAV as on 07-Dec-2021

Growth: ₹ 591.7650

IDCW: ₹ 54.4230


Investment Strategy

The schemes provides tax benefit under section (88) and there fore has a lock in period of 3 years. It is aimed at providing capital appreciation by investing predominantly in equity and equity related instruments.

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 1
Lock-in Period 3 Years
Exit Load 0

Basic Details

Fund House: HDFC Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 16.76%
Benchmark: NIFTY 500 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 1,373 Cr (As on 31-Oct-2021)
Expense: 1.80% (As on 31-Mar-2021)
Risk Grade: --
Return Grade: --
Turnover: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW10-Mar-20214.0000

 12-Mar-20203.5000
 14-Mar-20194.0000
 15-Mar-20184.5000
 16-Feb-20173.7500
 11-Feb-20162.9900
 05-Feb-20154.0000
 06-Feb-20143.5000
 07-Feb-20134.0000

Contact Information

AMC: HDFC Asset Management Company Ltd

Address: "HDFC House"-2nd Floor, H.T. Parekh Marg - 165-166, Backbay Reclamation, Churchgate Mumbai - 400020

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

Fax: 022-22821144

Website: http://www.hdfcfund.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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