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IDFC Tax Advantage (ELSS) Fund - Direct Plan - Growth

  • Regular
  • Direct
Category : ELSS
Fund House : IDFC Mutual Fund
  • NAV
    : ₹ 98.97 1.35%
    (as on 26th May, 2022)
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Crisil Rank
Very good performance among peers
Risk-O-Meter
Very High

Fund has 96.01% investment in indian stocks of which 48.63% is in large cap stocks, 14.13% is in mid cap stocks, 21.87% in small cap stocks.

Suitable For : Investors who are looking to invest money for at least 3 years and looking for additional benefits of income tax saving apart from higher returns expectations. At the same time, these investors should also be ready for possibility of moderate losses in their investments and 3 year lock-in period.

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Returns (NAV as on 26th May, 2022)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 19-May-22 10079.40 0.79% - 1.15% 39/55
1 Month 26-Apr-22 9094.80 -9.05% - -7.68% 43/55
3 Month 25-Feb-22 9717.20 -2.83% - -3.67% 25/55
6 Month 26-Nov-21 9615.30 -3.85% - -6.94% 10/55
YTD 31-Dec-21 9209.90 -7.90% - -9.14% 19/55
1 Year 26-May-21 10950.40 9.50% 9.50% 8.21% 18/55
2 Year 26-May-20 22416.80 124.17% 49.72% 39.49% 10/55
3 Year 24-May-19 16166.30 61.66% 17.31% 15.22% 16/53
5 Year 26-May-17 19271.40 92.71% 14.01% 11.88% 9/42
Since Inception 02-Jan-13 44227.50 342.28% 17.14% 14.23% 7/51

SIP Returns (NAV as on 26th May, 2022)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 26-May-21 12000 11683.93 -2.63 % -4.87 %
2 Year 26-May-20 24000 30621.63 27.59 % 25.43 %
3 Year 24-May-19 36000 52090.33 44.7 % 25.55 %
5 Year 26-May-17 60000 93143.66 55.24 % 17.63 %
 

Tax Treatment

You can not sell your investments in this fund for 3 years from the purchase date. Long term capital gain tax will be applicable when you sell your investments after 3 years. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh in a financial year. Any cess/surcharge is not included. However, you can claim a deduction on your taxable income under section 80c for your investments in this fund. (Current tax deductions are capped at 1.5 lakh per year).

Portfolio (Updated on 30th Apr,2022)

Portfolio Turnover Ratio : 22.00%  |   Category average turnover ratio is 70.62%  
Fund manager updated portfolio less frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for longer duration than peers)
Equity Holding : 96.01% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 96.01%
No of Stocks : 50 (Category Avg - 49.05) | Large Cap Investments : 48.63%| Mid Cap Investments : 14.13% | Small Cap Investments : 21.87% | Other : 11.38%

Top 10 Stocks in Portfolio

How to read this table?
Stock Invested in Sector Value(Mn) % of Total Holdings 1M Change 1Y Highest Holding 1Y Lowest Holding Quantity 1M Change in Qty
ICICI Bank Ltd. Banks 2824.5 7.55% 0.28% 8.44% (Oct 2021) 6.89% (Jun 2021) 38.00 L 1.00 L
Infosys Ltd. Computers - software 2194.6 5.87% -1.31% 7.48% (Dec 2021) 5.87% (Apr 2022) 14.00 L 0.00
State Bank Of India Banks 1737.1 4.64% -0.01% 5.41% (Jan 2022) 4.58% (Jun 2021) 35.00 L 0.00
Reliance Industries Ltd. Refineries/marketing 1534.6 4.10% 0.20% 4.1% (Apr 2022) 3.38% (Jul 2021) 5.50 L 0.00
HDFC Bank Ltd. Banks 1453.8 3.89% 0.13% 4.5% (Aug 2021) 3.76% (Mar 2022) 10.50 L 1.00 L
- Tata Motors Ltd. Passenger/utility vehicles 1225.3 3.27% 0.00% 4.05% (Jan 2022) 2.58% (Aug 2021) 28.00 L 0.00
Greenpanel Industries Ltd. Plywood boards 1196.4 3.20% -0.11% 3.35% (Jan 2022) 1.59% (Jun 2021) 19.76 L -1.24 L
Bharti Airtel Ltd. Telecom - services 1034.6 2.77% -0.07% 3.38% (Aug 2021) 2.71% (Jun 2021) 14.00 L 0.00
Deepak Nitrite Ltd. Chemicals - speciality 1000.4 2.67% 0.01% 4.1% (Aug 2021) 2.57% (Feb 2022) 4.30 L -0.10 L
- Jindal Steel & Power Ltd. Steel 963.8 2.58% 0.00% 2.58% (Mar 2022) 1.74% (May 2021) 17.85 L -0.15 L
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
TREPS TREPS 4.04%
Margin Margin 0.03%
Net Receivables Net Receivables -0.08%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 29th April, 2022)

  • Standard Deviation

    High volatility
    21.51vs20.48
    Category Avg
  • Beta

    High volatility
    0.94vs0.89
    Category Avg
  • Sharpe Ratio

    Better risk adjusted returns
    0.78vs0.71
    Category Avg
  • Treynor's Ratio

    Better risk adjusted returns
    0.18vs0.16
    Category Avg
  • Jension's Alpha

    Better risk adjusted returns
    4.97vs2.6
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
HDFC Tax Saver Fund - Direct Plan - Growth 2 9184.77 -4.26 2.17 -2.05 16.14 10.70
Quant Tax Plan - Direct Plan - Growth 5 1316.08 -9.41 2.49 -3.49 15.47 32.82
Parag Parikh Tax Saver Fund - Direct Plan - Growth NA 584.91 -4.34 -0.82 -1.00 15.32 0.00
Union Long Term Equity Fund - Direct Plan - Growth 4 497.04 -7.20 -3.42 -7.58 10.17 16.20
PGIM India ELSS Tax Saver Fund - Direct Plan - Growth 4 388.12 -7.71 -2.68 -3.70 9.51 15.94
Mahindra Manulife ELSS Kar Bachat Yojana - Direct Plan - Growth 4 461.74 -7.81 -4.65 -5.92 9.23 15.09
Nippon India Tax Saver Fund - Direct Plan - Growth 2 11679.10 -6.51 -2.68 -4.87 9.17 8.62
Sundaram Tax Saving Fund - Direct Plan - Growth 3 919.63 -7.14 -4.41 -6.01 8.71 12.94
Tata India Tax Savings Fund - Direct Plan - Growth 3 2978.40 -6.55 -2.92 -4.51 8.44 13.13
Kotak Tax Saver Scheme - Direct Plan - Growth 4 2670.33 -7.06 -2.53 -5.76 8.26 15.05

More Funds from IDFC Mutual Fund

Out of 43 mutual fund schemes offered by this AMC, 6 is/are ranked 5 * , 4 is/are ranked 4 * , 6 is/are ranked 3 * , 7 is/are ranked 2 * , and 20 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
IDFC Corporate Bond Fund - Direct Plan - Growth 4 17597.07 -0.94 -0.91 -0.03 2.17 6.78
IDFC Banking & PSU Debt Fund - Direct Plan - Growth 3 17075.76 -0.41 0.04 0.96 2.95 7.41
IDFC Cash Fund - Direct Plan - Growth 4 11871.20 0.30 0.90 1.79 3.50 4.11
IDFC Bond Fund - Short Term - Direct Plan - Growth 5 11133.75 -0.73 -0.59 0.17 2.34 6.63
IDFC Low Duration Fund - Direct Plan - Growth 2 6250.62 -0.18 0.35 1.26 3.13 5.58
IDFC Flexi Cap Fund - Direct Plan - Growth 2 5644.87 -8.87 -8.43 -9.75 2.82 9.66
IDFC Arbitrage Fund - Direct Plan - Growth 3 4917.18 0.30 0.83 1.89 4.26 4.82
IDFC Ultra Short Term Fund - Direct Plan - Growth 2 4694.72 -0.02 0.65 1.58 3.33 5.03
IDFC Sterling Value Fund - Direct Plan - Growth 5 4635.91 -8.55 -2.05 -1.57 14.24 18.11
IDFC Tax Advantage (ELSS) Fund - Direct Plan - Growth 5 3741.56 -9.05 -2.83 -3.85 9.50 17.31

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