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HDFC Long Term Advantage Fund

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Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.41 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.05 Lakh

Analyst's Choice?

Suitability:

When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options. In addition, you get tax exemption on the invested amount under Section 80C of the Indian income tax laws. As per this section, total investments of upto 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 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 paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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(₹)
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cal

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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 0.27 -0.54 -1.33 -0.48 5.86 5.19 9.57 12.10 8.84 13.75 12.61
S&P BSE 500 TRI 0.82 -0.40 -1.36 0.51 5.44 8.33 10.40 12.86 8.32 12.26 10.39
Equity: ELSS 1.08 -0.32 -1.03 1.04 4.76 8.81 10.69 10.88 7.58 13.14 11.37

As on 22-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week -- ( - ) -- ( - )
Month 33.06 (11-May-2009 - 10-Jun-2009) -31.16 (26-Sep-2008 - 27-Oct-2008)
Quarter 79.18 (09-Mar-2009 - 10-Jun-2009) -41.60 (02-Sep-2008 - 02-Dec-2008)
Year 148.61 (24-Apr-2003 - 23-Apr-2004) -54.67 (14-Jan-2008 - 13-Jan-2009)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 13.10 13.30 0.55 1.04 0.97 -0.50
S&P BSE 500 TRI 13.80 13.09 0.92 -- -- --
Equity: ELSS 12.04 13.32 0.48 0.70 0.95 -1.40

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

As on 31-Dec-2019

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 29
Top 10 Stocks (%) 66.88
Top 5 Stocks (%) 43.59
Top 3 Sectors (%) 61.38
Portfolio P/B Ratio 2.81
Portfolio P/E Ratio 22.71

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,23,444 98,037
Giant (%) 69.02 52.66
Large (%) 7.42 14.56
Mid (%) 11.46 24.99
Small (%) 12.10 8.12
Tiny (%) -- 0.23

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 65.87 9.94 5.89 9.82
equal HDFC Bank Financial 25.86 10.31 5.51 9.80
equal Reliance Industries Energy 22.41 9.91 5.37 9.47
equal Infosys Technology 20.06 8.99 4.50 7.60
equal HDFC Financial 34.43 6.90 4.19 6.90
equal State Bank of India Financial 27.88 6.47 4.03 6.20
equal Larsen & Toubro Construction 19.20 6.52 4.56 5.64
equal ITC FMCG 21.06 5.82 2.66 4.80
equal BPCL Energy 15.43 4.38 2.39 3.51
equal Vesuvius India Construction 27.19 4.05 2.87 3.14
equal Blue Star Cons Durable 41.53 3.67 2.38 3.09
equal Carborundum Universal Metals 26.86 3.40 2.42 2.82
equal UPL Chemicals 46.06 2.83 0.00 2.63
equal AIA Engineering Metals 28.34 3.62 2.22 2.36
equal Power Grid Corporation Energy 6.70 2.42 1.73 2.04
equal Oriental Carbon & Chemicals Chemicals 13.42 2.25 1.19 1.94
equal Bharti Airtel Communication -- 1.67 0.82 1.67
equal Redington India Technology 8.09 2.41 0.99 1.64
equal Aurobindo Pharma Healthcare 11.33 2.80 0.00 1.63
equal HDFC Sensex ETF-D Financial -- 1.31
equal Hexaware Technologies Technology 16.75 1.53 0.00 1.20
equal Bank of Baroda Financial 47.01 2.15 1.09 1.18
equal Tata Steel Metals 6.51 1.37 0.91 1.17
equal Cholamandalam Financial Holdings Financial 182.21 1.49 0.00 1.05
equal Tata Motors DVR Automobile -- 4.79 0.71 1.02

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-Dec-2019

Fund Manager

— Chirag Setalvad since 02-Apr-2007

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:

-0.54%

Change from previous, NAV as on 22-Jan-2020

Growth: ₹ 375.6290

Dividend: ₹ 40.6740

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
Exit Load 0

Basic Details

Fund House: HDFC Mutual Fund
Launch Date: 02-Jan-2001
Return Since Launch: 20.95%
Benchmark: S&P BSE Sensex TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 1,399 Cr (As on 31-Dec-2019)
Expense: 2.20% (As on 30-Sep-2019)
Risk Grade: --
Return Grade: --
Turnover: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend14-Mar-20194.0000

 15-Mar-20184.5000
 16-Feb-20173.7500
 11-Feb-20163.5000
 05-Feb-20154.0000
 06-Feb-20143.5000
 07-Feb-20134.0000
 09-Feb-20124.0000
 10-Feb-20114.0000
 11-Feb-20103.7500
 26-Feb-20093.5000
 10-Jan-20086.0000
 11-Jan-20076.0000
 13-Jan-20066.0000
 04-Feb-20055.0000
 15-Mar-20042.0000
 13-Feb-20042.0000
 14-Feb-20031.2000
 18-Mar-20021.2000

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: 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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Value Investing

Evaluating a company's financial health from the Cash Flow Statement

dateSaturday, 25-Jan-2020
time12:30 PM - 01:00 PM

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