IDFC Tax Advantage (ELSS) Fund - Direct Plan
The investment objective of the Scheme is to seek to generate long term capital growth from a diversified portfolio of predominantly equity and equity related securities. There can be no assurance that the investment objective of the scheme will be realised.
Suitability
This product is suitable for investors who are seeking• Create wealth over a long period of time • Investment predominantly in equity and equity related securities
Fund Info
| Scheme Class | Equity |
| Scheme Category | ELSS (Tax Savings) |
| Benchmark Type | S&P BSE 200 India TR INR |
| Expense Ratio | 1.11% |
| Min subscription | ₹ 500 |
| Scheme Type | Open-ended |
| Scheme AUM (in Crs.) | ₹ 2,107 |
| AMC AUM (in Crs.) | ₹ 69,352 |
| Min Addition Subscription | ₹ 500 |
Building Graph
Peer Comparison
| Fund | Min SIP Inv. | Min Inv. | Returns 3Y |
|---|---|---|---|
| 500 | 500 | 18.15% | |
| 500 | 500 | 17.52% | |
ICICI Prudential Long Term Equity Fund ( Tax Saving) - Direct Plan | 500 | 500 | 11.51% |
| 500 | 500 | 10.77% | |
| 500 | 500 | 12.92% | |
| 500 | 500 | 14.37% | |
| 500 | 500 | 17.52% | |
| 500 | 500 | 12.29% |
Top 10 Holdings
| Company | Holding Type | Asset(%) |
|---|---|---|
| ICICI Bank Ltd | Equity | 8 |
| Triparty Repo | Cash - Repurchase Agreement | 4 |
| State Bank of India | Equity | 4 |
| HDFC Bank Ltd | Equity | 4 |
| Reliance Industries Ltd | Equity | 4 |
| Infosys Ltd | Equity | 4 |
| Axis Bank Ltd | Equity | 4 |
| RBL Bank Ltd | Equity | 3 |
| Future Retail Ltd | Equity | 2 |
| KEC International Ltd | Equity | 2 |
Asset Allocation(%)
| Asset | Percent |
|---|---|
| Equity | 96 |
| Cash - Repurchase Agreement | 4 |
| Equity - Warrants Rights (Call) | 0 |
| Cash | 0 |
| Preferred Stock | 0 |
Sector Allocation(%)
| Sector | Percent |
|---|---|
| Financial Services | 29 |
| Industrials | 16 |
| Consumer Cyclical | 13 |
| Basic Materials | 13 |
| Technology | 8 |
IDFC Mutual Fund
AUM₹69,352 Cr
About
IDFC Mutual Fund works under the name IDFC Asset Management Company. The main objective of this mutual fund company is to grow the AUM of the company by offering adequate products for retail, as well as industrial customers. IDFC effectively started off its business in 2000 and has since then been catering to investor needs by periodically improving its fund stature, holdings and policies.##IDFC is a relatively new fund house, but nevertheless, it has shown good performance among its peers.##IDFC mutual fund offers a bunch of mutual fund schemes that have performed relatively well in the market and therefore, this fund house has carved a niche for itself. It provides funds ranging from equity to debt to hybrid.##This AMC focuses on infrastructure as its key area and its main businesses in Project Finance, Principal Investments, Financial Markets and Investment Banking, Broking, Advisory Services and Asset Management.
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Investment DurationYears6Months0
Investment Amount₹ 10000
Return Amount₹ 4185
Return Rate6 %
Duration6y 0m