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NAV as of ( Sep 09, 2022 )
₹ 111.29 0.15 % 1-D Change
Returns
17.99% p.a.
You get upto 1.22% extra returns
ET Money Rank
4
Out of 26
Very Good
Generated returns consistently
4/5
Increased returns for each unit of additional risk
3/5
Good
Controlled losses during market corrections
3/5
Delivered returns without frequent ups and downs
2/5
Fresh Investments closed in this fund!
This fund is no longer available to invest
ET Money Rank | 4 Out of 26 |
VRO Rating | |
Expense ratio | 0.75% As on Jul 31, 2022 |
Exit Load | 0% |
AUM (Fund Size) | ₹ 3,851 Crs |
Lock-in | 3 Years |
Age | 9 yrs 8 m Since Jan 01, 2013 |
Benchmark | S&P BSE 500 TRI |
Min. Investment |
SIP ₹ 500 & Lumpsum ₹ 500 |
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Total value | Profit |
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This fund
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Category Average
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Bank FD
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Gold
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Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.
Large Cap 54.76%
Mid Cap 21.14%
Small Cap 17.89%
Other Cap 0%
Financial 27.27%
Automobile 11.85%
Technology 9.5%
Materials 7.37%
Others 0.04%
Bifurcation by Credit Quality is not available for this fund
Repo 6.13%
Margin Money 0.04%
Net Current Assets 0.04%
Others 6.13%
Know in detail about the portfolio of this fund See detailed Portfolio Analysis
Fund name | Annual Return % | Consistency | Value Research Rating |
---|---|---|---|
Quant Tax Plan | 23.64% | ||
Canara Robeco Equity Tax Saver Fund | 17.09% | ||
Mirae Asset Tax Saver Fund | 16.32% | ||
IDFC Tax Advantage (ELSS) Fund | 14.28% | ||
Kotak Tax Saver Fund | 14.19% | ||
PGIM India ELSS Tax Saver Fund | 13.96% | ||
ICICI Prudential Long Term Equity Fund (Tax Saving) | 13.78% | ||
Nippon India Tax Saver (ELSS) Fund | 6.23% | ||
SBI Long Term Equity Fund | 11.59% | ||
Sundaram Tax Savings Fund | 12.02% | ||
Invesco India Tax Plan Fund | 13.24% |
Period | Trailing returns | Category average | Rank within category |
---|---|---|---|
1 month | 1.69% | 2.42% | 20 / 24 |
3 months | 14.53% | 15.89% | 16 / 24 |
6 months | 6.95% | 8.42% | 17 / 24 |
1 year | 9.47% | 5.34% | 5 / 24 |
3 years | 26.12% | 21.71% | 2 / 24 |
5 years | 14.28% | 12.68% | 4 / 23 |
Know in detail about the returns of this fund See detailed Return Analysis
Level of Risk in the Scheme
Investors understand that their principal will be at Very High risk
EQUITY ELSS
The scheme seeks to build a diversified portfolio comprising of stocks of companies with strong fundamentals that are available at reasonable valuations. The scheme can be fully into equities (and equity related securities) and upto 20% in debt & money market instruments.
Daylynn Gerard Paul Pinto
Mr. Pinto is a B.Com (H) and PGDM.
Prior to joining IDFC AMC he was associated with UTI AMC (Jul 2006-Sep 2016) as fund manager.
TOTAL AUM:
₹1,17,110 Crs
As on Jun 30, 2022
The IDFC Tax Advantage (ELSS) Fund is a 9 yrs 8 m old fund and has delivered average annual returns of 17.99% since inception.
1-Year | 3-Year | 5-Year | Since Inception |
---|---|---|---|
9.47% | 26.12% | 14.28% | 17.99% |
NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.
The NAV of IDFC Tax Advantage (ELSS) Fund for Sep 09, 2022 is 111.29 .
IDFC Tax Advantage (ELSS) Fund has an ET Money Rank of # 4 of 26 and a consistency rating of 4 .
This indicates the fund has delivered above-average returns with exceptional consistency. All this means IDFC Tax Advantage (ELSS) Fund can be a good addition to your portfolio
On ET Money, Investing in IDFC Tax Advantage (ELSS) Fund is fast, easy, and 100% paperless. And it takes only minutes. Here is what you need to do -
The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.
The Expense Ratio of the direct plan of IDFC Tax Advantage (ELSS) Fund is 0.75%. .
Redeeming your investments in IDFC Tax Advantage (ELSS) Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.
If you have invested in IDFC Tax Advantage (ELSS) Fund from anywhere else, you can go to the fund house website and put a request through it.
AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.
The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.
The AUM of IDFC Tax Advantage (ELSS) Fund is ₹3,851 Crs.
The IDFC Tax Advantage (ELSS) Fund has invested the majority of its money in the stocks of the following companies -
Company | Percentage of Portfolio |
---|---|
ICICI Bank Ltd. | 8.75% |
Infosys Ltd. | 5.43% |
State Bank of India | 4.83% |
HDFC Bank Ltd. | 4.05% |
Reliance Industries Ltd. | 3.77% |
Tata Motors Ltd. | 3.18% |
Mahindra & Mahindra Ltd. | 3.06% |
Bharti Airtel Ltd. | 2.64% |
Axis Bank Ltd. | 2.63% |
VRL Logistics Ltd. | 2.38% |
The IDFC Tax Advantage (ELSS) Fund has primarily invested in the following sectors
Sector | Percentage of Portfolio |
---|---|
Financial | 27.27% |
Automobile | 11.85% |
Technology | 9.5% |
Materials | 7.37% |
Healthcare | 7.22% |
Services | 5.36% |
Capital Goods | 4.83% |
Chemicals | 4.26% |
Energy | 3.77% |
Consumer Staples | 3.26% |