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

  • Regular
  • Direct
Category : ELSS
Fund House : IDFC Mutual Fund
  • NAV
    : ₹ 93.71 -0.19%
    (as on 14th June, 2021)
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Crisil Rank
Above average performance among peers
Risk-O-Meter
Very High

Fund has 98.36% investment in indian stocks of which 49.16% is in large cap stocks, 14.05% is in mid cap stocks, 28.06% 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 14th June, 2021)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 07-Jun-21 10093.70 0.94% - 0.63% 18/63
1 Month 14-May-21 10948.70 9.49% - 9.02% 20/63
3 Month 12-Mar-21 11167.90 11.68% - 9.25% 11/63
6 Month 14-Dec-20 13446.70 34.47% - 24.47% 8/63
YTD 01-Jan-21 13015.30 30.15% - 21.18% 8/63
1 Year 12-Jun-20 19101.10 91.01% 90.34% 70.56% 9/63
2 Year 14-Jun-19 15425.50 54.25% 24.16% 20.98% 12/61
3 Year 14-Jun-18 15332.00 53.32% 15.29% 13.44% 17/57
5 Year 14-Jun-16 23570.80 135.71% 18.70% 16.00% 6/42
Since Inception 02-Jan-13 41876.90 318.77% 18.46% 15.61% 11/57

SIP Returns (NAV as on 14th June, 2021)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 12-Jun-20 12000 17040.35 42 % 85.86 %
2 Year 14-Jun-19 24000 37788 57.45 % 50.62 %
3 Year 14-Jun-18 36000 57147.45 58.74 % 32.41 %
5 Year 14-Jun-16 60000 102153.4 70.26 % 21.42 %
 

Tax Treatment

Portfolio (Updated on 31st May,2021)

Portfolio Turnover Ratio : 37.00%  |   Category average turnover ratio is 1.19%  
Fund manager updated portfolio more frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for shorter duration than peers)
Equity Holding : 98.36% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 98.36%
No of Stocks : 54 (Category Avg - 46.94) | Large Cap Investments : 49.16%| Mid Cap Investments : 14.05% | Small Cap Investments : 28.06% | Other : 7.09%

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 2385.9 7.29% 0.25% 7.29% (May 2021) 5.73% (Sep 2020) 36.00 L 0.00
Infosys Ltd. Computers - software 1951.3 5.96% -0.22% 6.56% (Dec 2020) 4.6% (Jun 2020) 14.00 L 0.00
State Bank Of India Banks 1527.7 4.67% 0.87% 4.67% (May 2021) 0.93% (Jun 2020) 36.00 L 3.00 L
HDFC Bank Ltd. Banks 1440.1 4.40% 0.03% 4.72% (Jun 2020) 3.87% (Sep 2020) 9.50 L 0.00
Reliance Industries Ltd. Refineries/marketing 1188.2 3.63% 0.06% 5.52% (Sep 2020) 3.57% (Apr 2021) 5.50 L 0.00
Deepak Nitrite Ltd. Chemicals - speciality 1160.5 3.55% -0.58% 4.43% (Mar 2021) 2.68% (Jun 2020) 6.50 L -0.30 L
Tata Motors Ltd. Passenger/utility vehicles 956.3 2.92% 0.05% 3.26% (Feb 2021) 1.07% (Jun 2020) 30.00 L 0.00
Bharti Airtel Ltd. Telecom - services 909.3 2.78% -0.19% 4.37% (Jun 2020) 2.78% (May 2021) 17.00 L 0.00
NCC Ltd. Engineering, designing, construction 752.8 2.30% 0.04% 2.77% (Feb 2021) 0.8% (Jul 2020) 93.00 L 0.00
Graphite India Ltd. Electrodes 745.7 2.28% -0.15% 2.43% (Apr 2021) 0.4% (Jul 2020) 10.00 L -0.16 L
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
TREPS TREPS 1.74%
Margin Margin 0.02%
Net Receivables Net Receivables -0.12%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 31st May, 2021)

  • Standard Deviation

    High volatility
    20.5vs19.07
    Category Avg
  • Beta

    High volatility
    0.93vs0.84
    Category Avg
  • Sharpe Ratio

    Better risk adjusted returns
    0.52vs0.46
    Category Avg
  • Treynor's Ratio

    Better risk adjusted returns
    0.12vs0.1
    Category Avg
  • Jension's Alpha

    Better risk adjusted returns
    0.45vs0.25
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Quant Tax Plan - Direct Plan - Growth 5 203.59 6.97 24.78 47.87 128.05 30.65
BOI AXA Tax Advantage Fund - Direct Plan - Growth 5 453.28 9.31 10.65 26.74 77.13 17.82
Mirae Asset Tax Saver Fund - Direct Plan - Growth 5 7939.53 8.56 7.97 24.77 76.87 21.21
Franklin India Taxshield Fund - Direct - Growth 3 4635.75 9.81 7.45 24.74 71.10 12.30
DSP Tax Saver Fund - Direct Plan - Growth 4 8746.70 8.09 10.33 26.35 70.53 18.01
Canara Robeco Equity Tax Saver - Direct Plan - Growth 5 2226.66 8.82 7.18 24.08 70.11 20.46
Mahindra Manulife ELSS Kar Bachat Yojana - Direct Plan - Growth 3 371.75 10.00 8.70 27.43 69.52 14.41
PGIM India Long Term Equity Fund - Direct Plan - Growth 3 367.13 8.19 11.06 24.86 69.06 15.77
Nippon India Tax Saver Fund - Direct Plan - Growth 1 11667.38 7.70 6.75 25.96 68.96 6.59
JM Tax Gain Fund - (Direct) - Growth 4 55.98 9.20 6.03 20.19 68.52 15.79

More Funds from IDFC Mutual Fund

Out of 50 mutual fund schemes offered by this AMC, 5 is/are ranked 5 * , 5 is/are ranked 4 * , 9 is/are ranked 3 * , 4 is/are ranked 2 * , and 27 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 20977.98 0.73 2.74 2.25 8.08 9.16
IDFC Banking & PSU Debt Fund - Direct Plan - Growth 4 18546.83 0.57 2.11 2.09 7.06 10.08
IDFC Bond Fund - Short Term - Direct Plan - Growth 3 13775.79 0.52 2.14 1.98 6.63 9.12
IDFC Low Duration Fund - Direct Plan - Growth 3 9574.82 0.38 1.39 1.95 5.18 7.35
IDFC Cash Fund - Direct Plan - Growth 4 9325.83 0.28 0.83 1.58 3.21 5.34
IDFC Arbitrage Fund - Direct Plan - Growth 3 7125.61 0.44 1.31 2.21 3.98 5.79
IDFC Ultra Short Term Fund - Direct Plan - Growth 5 5929.02 0.30 0.99 1.70 3.88 0.00
IDFC Flexi Cap Fund - Direct Plan - Growth 2 5534.33 7.94 6.85 17.54 54.74 9.47
IDFC Bond Fund - Medium Term Plan - Direct Plan - Growth 5 4527.96 0.58 2.78 1.45 6.00 9.26
IDFC Dynamic Bond Fund - Direct Plan - Growth 5 3857.38 0.65 3.33 1.09 5.23 11.07

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