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

  • Regular
  • Direct
Category : ELSS
Fund House : IDFC Mutual Fund
  • NAV
    : ₹ 98.504 0.61%
    (as on 12th August, 2022)
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Crisil Rank
Very good performance among peers
Risk-O-Meter
Very High

The fund has 95.31% investment in domestic equities of which 50.21% is in Large Cap stocks, 12.83% is in Mid Cap stocks, 20.56% 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 12th August, 2022)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 05-Aug-22 10195.90 1.96% - 1.66% 6/58
1 Month 12-Jul-22 10883.20 8.83% - 9.49% 40/58
3 Month 12-May-22 11174.60 11.75% - 13.36% 45/58
6 Month 11-Feb-22 10037.10 0.37% - 1.60% 40/58
YTD 31-Dec-21 10109.20 1.09% - 0.41% 28/58
1 Year 12-Aug-21 11019.60 10.20% 10.20% 7.92% 20/58
2 Year 12-Aug-20 18859.70 88.60% 37.33% 31.11% 12/58
3 Year 09-Aug-19 19167.90 91.68% 24.12% 21.20% 16/57
5 Year 11-Aug-17 19529.90 95.30% 14.31% 12.55% 10/46
10 Year 10-Aug-12 51084.90 410.85% 17.69% 15.13% 3/28
Since Inception 26-Dec-08 98504.00 885.04% 18.27% 14.16% 10/56

SIP Returns (NAV as on 12th August, 2022)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 12-Aug-21 12000 12536.88 4.47 % 8.39 %
2 Year 12-Aug-20 24000 30164.44 25.69 % 23.69 %
3 Year 09-Aug-19 36000 54271.2 50.75 % 28.55 %
5 Year 11-Aug-17 60000 96887.36 61.48 % 19.23 %
10 Year 10-Aug-12 120000 290902.67 142.42 % 16.87 %
 

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 31st Jul,2022)

Equity Holding : 95.31% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 95.31%
No of Stocks : 51 (Category Avg - 47.18) | Large Cap Investments : 50.21%| Mid Cap Investments : 12.83% | Small Cap Investments : 20.56% | Other : 11.71%

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 3110.7 8.42% 0.51% 8.44% (Oct 2021) 7.27% (Mar 2022) 38.00 L 0.00
Infosys Ltd. Computers - software 2169.6 5.88% -0.14% 7.48% (Dec 2021) 5.87% (Apr 2022) 14.00 L 0.00
State Bank Of India Banks 1849.2 5.01% 0.21% 5.41% (Jan 2022) 4.59% (Aug 2021) 35.00 L 0.00
HDFC Bank Ltd. Banks 1505.9 4.08% -0.08% 4.5% (Aug 2021) 3.76% (Mar 2022) 10.50 L 0.00
Reliance Industries Ltd. Refineries/marketing 1380.2 3.74% -0.46% 4.2% (Jun 2022) 3.66% (Jan 2022) 5.50 L 0.00
Tata Motors Ltd. Passenger/utility vehicles 1213.9 3.29% -0.10% 4.05% (Jan 2022) 2.58% (Aug 2021) 27.00 L -1.00 L
Mahindra & Mahindra Ltd. Passenger/utility vehicles 1048 2.84% -0.05% 2.89% (Jun 2022) 1.95% (Mar 2022) 9.00 L 0.00
Axis Bank Ltd. Banks 978.4 2.65% 0.22% 2.65% (Jul 2022) 2% (Oct 2021) 13.50 L 55.00 k
Bharti Airtel Ltd. Telecom - services 949.1 2.57% -0.25% 3.38% (Aug 2021) 2.57% (Jul 2022) 14.00 L 0.00
VRL Logistic Ltd. Logistics solution provider 921.1 2.49% -0.27% 2.81% (May 2022) 1.75% (Oct 2021) 14.75 L -0.25 L
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
TREPS TREPS 4.93%
Margin Margin 0.03%
Net Receivables Net Receivables -0.27%

Risk Ratios

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

  • Standard Deviation

    High volatility
    21.83vs20.71
    Category Avg
  • Beta

    High volatility
    0.97vs0.9
    Category Avg
  • Sharpe Ratio

    Better risk adjusted returns
    0.81vs0.75
    Category Avg
  • Treynor's Ratio

    Better risk adjusted returns
    0.18vs0.17
    Category Avg
  • Jension's Alpha

    Better risk adjusted returns
    3.08vs2.21
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
HDFC Tax Saver Fund - Growth 4 9408.98 8.88 13.05 6.92 15.51 17.73
Parag Parikh Tax Saver Fund - Regular Plan - Growth NA 680.09 6.36 9.16 1.04 12.42 23.26
Quant Tax Plan - Growth 5 1584.38 9.54 13.52 2.41 12.36 37.98
Sundaram Tax Saving Fund - Growth 3 930.44 8.84 13.67 1.53 10.61 19.74
Tata India Tax Savings Fund - Regular Plan - Growth 3 3014.29 10.13 14.20 2.44 10.49 17.83
Nippon India Tax Saver Fund - Growth 3 11740.98 9.62 13.28 2.28 9.85 17.57
Kotak Tax Saver Fund - Growth 4 2794.27 9.58 12.38 2.02 9.08 19.80
Union Long Term Equity Fund - Growth 4 525.85 10.26 13.83 2.86 9.04 21.80
Mahindra Manulife ELSS Kar Bachat Yojana - Regular Plan - Growth 4 485.36 9.97 14.15 1.89 8.68 20.67
PGIM India ELSS Tax Saver Fund - Growth 5 397.64 8.24 10.69 -0.17 8.63 20.06

More Funds from IDFC Mutual Fund

Out of 47 mutual fund schemes offered by this AMC, 2 is/are ranked 5 * , 5 is/are ranked 4 * , 10 is/are ranked 3 * , 10 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 - Regular Plan - Growth 2 16629.45 0.62 1.38 0.38 2.14 6.17
IDFC Banking & PSU Debt Fund - Regular Plan - Growth 4 16161.77 0.39 1.17 1.17 2.69 6.33
IDFC Cash Fund - Regular Plan - Growth 4 11243.08 0.40 1.19 2.05 3.75 3.93
IDFC Bond Fund - Short Term - Regular Plan - Growth 3 10181.29 0.89 1.68 0.63 2.49 5.70
IDFC Low Duration Fund - Regular Plan - Growth 2 5898.59 0.49 1.33 1.55 3.24 5.03
IDFC Flexi Cap Fund - Regular Plan - Growth 3 5693.13 10.91 16.26 1.20 8.59 16.05
IDFC CRISIL Gilt 2027 Index Fund - Regular Plan - Growth NA 5562.69 1.29 2.06 -0.08 2.50 0.00
IDFC CRISIL Gilt 2027 Index Fund - Regular Plan - Growth NA 5562.69 1.22 1.93 -0.25 2.12 0.00
IDFC Sterling Value Fund - Regular Plan - Growth 5 4685.59 7.78 10.69 -0.04 11.84 25.63
IDFC Arbitrage Fund - Regular Plan - Growth 3 4266.39 0.20 0.66 1.40 3.13 3.73

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