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Unrated

HDFC Long Term Advantage Fund


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.21 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.64 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 5.35 0.82 0.61 7.03 25.75 33.68 16.28 6.69 15.77 15.23 12.23
S&P BSE 500 TRI 4.94 0.81 0.32 6.53 24.47 35.29 22.28 9.04 16.17 15.26 11.50
Equity: ELSS 4.61 0.68 -0.22 6.27 22.99 32.74 19.39 6.55 14.33 15.59 12.18

As on 20-Jan-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  | Invest Online
Unrated
Jan-01 16.28 6.69 15.77 2.28 1,288
Axis Long Term Equity Fund
4 star
Dec-09 20.84 11.62 16.32 1.62 27,181
DSP Tax Saver Fund  | Invest Online
4 star
Jan-07 19.13 8.25 16.18 1.85 7,425
Mirae Asset Tax Saver Fund - Regular Plan  | Invest Online
5 star
Dec-15 26.20 11.96 21.36 1.86 5,489
Tata India Tax Savings Fund  | Invest Online
4 star
Mar-96 16.52 6.77 15.02 2.04 2,481

Best & Worst Performance

Best (Period) Worst (Period)
Week 17.28 (13-May-2009 - 20-May-2009) -19.08 (16-Mar-2020 - 23-Mar-2020)
Month 33.06 (11-May-2009 - 10-Jun-2009) -38.73 (20-Feb-2020 - 23-Mar-2020)
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 8.46 23.76 0.16 0.18 1.03 -2.30
S&P BSE 500 TRI 10.60 22.83 0.26 0.30 -- --
Equity: ELSS 7.85 22.37 0.14 0.16 0.95 -2.47

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

As on 31-Dec-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 27
Top 10 Stocks (%) 68.82
Top 5 Stocks (%) 45.17
Top 3 Sectors (%) 61.11
Portfolio P/B Ratio 2.50
Portfolio P/E Ratio 21.94

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,32,436 1,14,833
Giant (%) 65.01 51.95
Large (%) 10.62 15.52
Mid (%) 6.58 24.52
Small (%) 17.79 8.19
Tiny (%) -- 0.18

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 27.63 9.97 5.89 9.97
equal Infosys Technology 30.75 10.40 5.02 9.75
down HDFC Bank Financial 26.47 10.48 6.55 9.48
equal Reliance Industries Energy 35.05 12.02 7.61 8.02
equal HDFC Financial 29.72 7.95 4.57 7.95
equal Larsen & Toubro Construction 17.16 6.52 4.91 6.07
equal State Bank of India Financial 11.49 6.47 4.03 5.55
equal ITC FMCG 19.52 5.82 2.69 4.58
equal Carborundum Universal Metals 29.91 3.87 2.61 3.87
equal Aurobindo Pharma Healthcare 17.29 3.91 0.00 3.58
equal Vesuvius India Construction 37.14 3.61 2.87 3.39
equal Blue Star Cons Durable 308.11 3.37 2.23 3.19
equal BPCL Energy 21.50 3.78 2.39 2.96
equal AIA Engineering Metals 36.32 3.62 2.22 2.30
equal UPL Chemicals 19.33 2.84 0.00 2.28
equal Power Grid Corporation Energy 10.89 2.64 1.73 2.21
equal Bharti Airtel Communication -- 2.86 0.82 2.03
equal Redington India Technology 10.79 2.26 0.99 2.00
equal Tata Steel Metals -- 1.74 0.91 1.74
equal Oriental Carbon & Chemicals Chemicals 16.98 2.09 1.59 1.68
equal HDFC Sensex ETF-D Financial -- 1.65
equal VST Tillers Tractors Engineering 34.50 1.92 0.74 1.45
equal Cholamandalam Financial Holdings Financial 13.63 1.33 0.43 1.22
equal Tata Motors DVR Automobile -- 2.49 0.62 1.08
equal Bank of Baroda Financial 108.96 1.57 0.59 0.77

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-2020

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:


0.82%

Change from previous, NAV as on 20-Jan-2021

Growth: ₹ 440.0510

Dividend: ₹ 41.9730


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: 20.76%
Benchmark: S&P BSE Sensex TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 1,288 Cr (As on 31-Dec-2020)
Expense: 2.28% (As on 30-Sep-2020)
Risk Grade: --
Return Grade: --
Turnover: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend12-Mar-20203.5000

 14-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: 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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