VR Logo

2 star

Navi Long Term Advantage Fund


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.68 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.42 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

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 34.12 -1.32 2.56 6.54 16.74 30.16 53.73 18.80 13.10 -- --
S&P BSE 500 TRI 38.25 -0.81 1.79 4.87 15.95 31.24 64.39 23.77 17.52 -- --
Equity: ELSS 37.14 -0.80 1.65 4.46 13.79 30.32 61.63 22.33 15.47 -- --
Rank within category 25 35 2 6 5 22 30 26 27 -- --
Number of funds in category 37 37 37 37 37 37 37 34 33 28 26

As on 19-Oct-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Navi Long Term Advantage Fund
2 star
Dec-15 53.73 18.80 13.10 2.25% 69
Axis Long Term Equity Fund
4 star
Dec-09 64.90 25.70 18.76 1.51% 34,371
Mirae Asset Tax Saver Fund - Regular Plan  | Invest Online
5 star
Dec-15 66.27 27.72 21.41 1.66% 9,832
DSP Tax Saver Fund  | Invest Online
4 star
Jan-07 69.87 26.50 16.69 1.76% 9,756
IDFC Tax Advantage (ELSS) Fund - Regular Plan
4 star
Dec-08 85.16 25.14 18.67 1.93% 3,439

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 9.72 19-Sep-2019 - 26-Sep-2019 -20.26 16-Mar-2020 - 23-Mar-2020
Month 16.65 23-Mar-2020 - 22-Apr-2020 -37.60 20-Feb-2020 - 23-Mar-2020
Quarter 31.87 23-Mar-2020 - 22-Jun-2020 -35.29 23-Dec-2019 - 23-Mar-2020
Year 79.76 23-Mar-2020 - 23-Mar-2021 -32.76 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 16.99 22.11 0.59 0.57 0.97 -3.20
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 27 24 27 30 22 26
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 (%)

ajax-loader
Please wait...

Concentration & Valuation

Number of Stocks 47
Top 10 Stocks (%) 40.65
Top 5 Stocks (%) 26.62
Top 3 Sectors (%) 49.46
Portfolio P/B Ratio 4.09
Portfolio P/E Ratio 31.30

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,28,274 1,33,866
Giant (%) 49.27 51.26
Large (%) 20.50 16.18
Mid (%) 23.62 25.11
Small (%) 6.61 7.62
Tiny (%) -- 0.22

Value Research Fund Style

Sector Allocation vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up ICICI Bank Financial 25.89 7.76 2.52 7.76
down HDFC Bank Financial 27.33 9.88 3.14 6.18
equal Reliance Industries Energy 38.37 7.16 0.00 5.60
down Infosys Technology 36.67 6.49 0.00 3.98
equal Jubilant FoodWorks Services 152.51 3.13 0.00 3.10
down Tata Consultancy Services Technology 36.75 4.51 0.00 2.92
down Wipro Technology 32.20 4.20 0.00 2.90
up SBI Cards & Payments Services Financial 116.99 2.78 0.00 2.78
equal Kotak Mahindra Bank Financial 40.59 7.93 2.26 2.72
equal Axis Bank Financial 29.09 4.27 1.42 2.71
equal Bharti Airtel Communication 353.65 5.06 0.00 2.55
equal Avenue Supermarts Services 224.20 2.63 0.00 2.55
equal Tata Power Company Energy 56.16 2.43 0.00 2.43
up Honeywell Automation Engineering 83.43 2.40 0.00 2.40
equal Tata Steel Metals 7.91 3.14 0.00 2.21
up ICICI Prudential Life Insurance Co. Ltd. Insurance 196.28 2.21 0.00 2.21
up Greenply Inds. FMCG 32.75 2.18 0.00 2.18
equal Tata Motors Automobile -- 2.30 0.00 2.13
up Sun Pharmaceutical Industries Healthcare 32.97 2.11 0.00 2.11
up Atul Chemicals 42.94 2.11 0.00 2.11
up Polycab India Engineering 42.30 2.07 0.00 2.07
up VIP Industries Chemicals -- 1.92 0.00 1.92
up State Bank of India Financial 17.43 2.58 0.00 1.82
equal Ashok Leyland Automobile -- 1.87 0.00 1.81
equal Larsen & Toubro Construction 20.82 4.45 0.00 1.79

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

— Girish Raj since 24-Feb-2021

Education: Mr. Raj has done MMS and BSC. (Statistics)

Experience: Prior to joining Navi Mutual Fund, he has worked with Quest Investment Advisors, IFCI Financial Services Ltd. (IFIN), Pranav Securities Pvt. Ltd., Independent Research Private Limited (IRPL) and Asian Techno Investments Pvt. Ltd.

Funds Managed:


-1.32%

Change from previous, NAV as on 19-Oct-2021

Growth: ₹ 21.6777

IDCW: ₹ 21.6796


Investment Strategy

The Scheme will seek to invest predominantly in a diversified portfolio of equity and equity related instruments with the objective to provide investors with opportunities for capital appreciation and income generation along with the benefit of income tax deduction (under Section 80 C of the Income Tax Act, 1961) on their investments.

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1
Lock-in Period 3 Years
Exit Load 0

Basic Details

Fund House: Navi Mutual Fund
Launch Date: 30-Dec-2015
Return Since Launch: 14.25%
Benchmark: S&P BSE 100 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 69 Cr (As on 30-Sep-2021)
Expense: 2.25% (As on 31-Jul-2021)
Risk Grade: Average
Return Grade: Below Average
Turnover: 97.00%

Contact Information

AMC: Navi AMC Limited

Address: Peerless Mansion, 3rd Floor, 1 Chowringhee Square, Kolkata - 700069

Phone: 033-40185000 / 1800-103-8999

Fax: 033-40185010

Email: [email protected]

Website: http://www.navimutualfund.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Investors' Hangout

The investment mindset: These women show the way

DateFriday, 29-Oct-2021
Time12:30 PM - 01:00 PM