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Inception Date: 26 Dec 2008

IDFC Tax Advantage (ELSS) Fund

The Fund is an Equity Linked Savings Scheme (ELSS) that aims to generate long term capital growth from a diversified equity portfolio and enables investors to avail of a deduction from total income, as permitted under the Income Tax Act, 1961.

An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit
IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth
  • Fund Category:

    Equity VIEW ALL
  • Returns Period:

    23.71 %
    5+ yrs

Fund Summary

Fund Manager:

Min. Investment: 500.00

Min. SIP 500.00

Exit Load:
Nil

Why choose this fund?

  • FUND PERFORMANCE
  • STRATEGY & PORTFOLIO
  • DOCUMENTS
Value of ` 10,000 invested in IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth
Scheme Name CAGR Returns (%) Current value of Investment of ₹ 10,000
1 Year 3 Years 5 Years Since Inception 26 Dec 2008 1 Year 3 Years 5 Years Since Inception 26 Dec 2008
IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth 11.79 14.79 23.71 20.15 11179.24 15131.14 29010.51 59180
S&P BSE 200 # 16.3 14.37 18.36 16.85 11629.68 14965.41 23252.18 45175.74
Nifty 50 TRI ## 19.4 15.08 17.82 17.06 11939.56 15245.84 22725.94 45984.52

# Scheme Benchmark   

## Scheme Alternate Benchmark

This fund is managed by Daylynn Pinto (w.e.f 20 Oct 2016 )

* Performance based on NAV as on 31 Aug 2018.

View fund performance of other funds managed by Daylynn Pinto

Past performance may or may not be sustained in future.
Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc.

DIVIDEND HISTORY

Dividend considered here is for Regular Plan paid to Individual investors.

RECORD DATE /UNIT    NAV
09 Feb 2018 .68 18.6811
18 Sep 2017 .62 18.1086
27 Feb 2017 1.24 15.6964
29 Feb 2016 1.40 13.0529
16 Feb 2015 2.00 17.7419

Face Value per Unit is Rs.10. Dividend is not guaranteed and past performance may or may not be sustained in future. Pursuant to payment of dividend, the NAV of the scheme would fall to the extent of payout and statutory levy (as applicable).

If you have invested in our funds, check its value as of today

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Taxation:

  • Equity oriented mutual funds - Long Term Capital Gains Tax (holding period is 12 months from date of investment^): 10%*#
  • Short Term capital Gains Tax: 15%*
  • Dividend Distribution Tax: 10%*
  • Other than Equity oriented mutual funds - Long Term Capital Gains Tax (holding period is 36 months from date of investment): 20% with indexation*
  • Short Term capital Gains Tax: As per income tax slab*
  • Dividend Distribution Tax: 25%*

#LTCG exceeding Rs. 1,00,000 on transfer of units of equity oriented mutual fund would be taxable at the rate of 10%
(plus applicable surcharge and education cesses) subject to payment of securities transaction tax at the time of transfer.
*These rates will further increase by applicable surcharge and education cess
The information provided above is as per prevailing taxation laws and applicable to Individuals who are Residents in India respectively.
^Securities transaction tax (STT) will be deducted on equity funds at the time of redemption and switch to the other schemes.

  • Investors understand that their principal will be at moderately high risk

  • This product is suitable for investors who are seeking* :

    To create wealth over long term.

    Investment predominantly in Equity and Equity related securities with income tax benefit u/s 80C and 3 years lock-in.

    *Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

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* Performance based on NAV as on 31 Aug 2018.
 
 
 
 
 
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