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  • IDFC Mutual Funds
  • IDFC Tax Advantage ELSS Fund (Growth)
IDFC Mutual Funds

IDFC Tax Advantage ELSS Fund (Growth)

EquityTax Saving

86.99

NAV (Jun 24)

12%
5 Year CAGR
Scripbox Opinion
Neutral
Scripbox recommends other funds for investment in tax saving.

Click here to see our recommendations.

Tax saving funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).

Our analysis of this fundLearn how we rate funds ->

Track Record

14 Years. The Fund has Sufficient history for analysis and the track record is good.

Relative Size

3,570 Cr. Large within the category

Category View

Superior. The category has a superior investment outlook

Consistency Of Performance

Good. The historical performance of the fund has been good

Scripbox Recommended Tax Saving Fund

Save tax combined with inflation beating long term growth. Invest in Scripbox Recommended Tax Saver Funds to unlock the best of both worlds - tax saving and long term wealth creation.?

Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

86.99

NAV (Jun 24)

Fund Returns

Last 1Y

2.4%

Last 3Y

15.7%

Last 5Y

12%

Last 10Y

17%

Since Inception

17.4%

6 Month CAGR

-8.4%

Scheme Information

Investment Objective

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.

Expense Ratio

1.95

Launched (14y ago)

Dec 26, 2008

AUM in Crores

3569.520

ISIN

INF194K01292

Lock-in

3

Benchmark

S&P BSE 500 India TR INR

SIP Minimum

500

Lumpsum Min.

500

Fund Managers

Daylynn Pinto

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 93,3385.00%

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 before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2022-06-24

Top Stock Holdings

icici bank ltd

8%
8%

infosys ltd

5.9%
5.9%

state bank of india

4.6%
4.6%

hdfc bank ltd

4.1%
4.1%

reliance industries ltd

4.1%
4.1%
See all holdings

Allocation by Sector

financial services

25.5%
25.5%

consumer cyclical

17.8%
17.8%

industrials

13.2%
13.2%

technology

11.4%
11.4%

basic materials

10.9%
10.9%
See all sectors

Comparison with Equity Funds

Fund NameScripbox OpinionFund SizeTrack Record
Nippon India Value Fund (G)
Nippon India Value Fund (G)

₹ 4,202 cr

5

₹ 13,023 cr

5

₹ 13,023 cr

5

₹ 4,202 cr

5

₹ 4,202 cr

5

About the AMC

IDFC Asset Management Company Limited

IDFC Asset Management Company Limited manages assets worth 121,537 crores and was set up on 20 December 1999. It's current offering of mutual fund schemes includes 33 equity,199 debt and 32 hybrid funds.

amc-img

  • 022-66289999
  • investormf@idfc.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    5.8%

    7.7%

    5%

    7.9%

    11.2%

    10.4%

    7.8%

    8.6%

    5.2%

    7.2%

    Investment Calculator

    Investment Duration5 years

    0

    Total Investment

    0

    Wealth Gained

    0

    Total Corpus Created (₹)

    With CAGR of 11.25 % in 5 years

    IDFC Tax Advantage ELSS Fund (G) Review

    IDFC Tax Advantage ELSS Fund (G) is a Tax Saving Equity fund and has delivered an annualised return of 17.4% over a period of 13 years. The fund is managed by IDFC Asset Management Company Limited. The fund manager’s name is Daylynn Pinto.

    Nav of IDFC Tax Advantage ELSS Fund (G) as of 6/24/2022 is ₹86.99 with the total AUM as of 6/26/2022 is ₹3569.52. With Scripbox you can compare and check the latest nav for all mutual funds in India. IDFC Tax Advantage ELSS Fund (G) was launched on Dec 26, 2008. The category risk of the fund is Very High Risk.

    The minimum SIP amount for IDFC Tax Advantage ELSS Fund (G) is ₹500 and you can increase this in multiples of ₹500. In case you want to invest a lump sum, the minimum amount to be invested is ₹500. Check your estimated returns on mutual funds by using sip calculator.

    IDFC Tax Advantage ELSS Fund (G) is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to S&P BSE 500 India TR INR.

    IDFC Tax Advantage ELSS Fund (G) is rated as a 3 fund in Equity and delivered 2.4% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with IDFC Tax Advantage ELSS Fund (G).

    Frequently Asked Questions

    What is IDFC Tax Advantage ELSS Fund (G)?

    IDFC Tax Advantage ELSS Fund (G) is a Tax Saving Equity scheme predominantly investing across Equity stocks with an investment objective to generate wealth over the long term.

    How to invest in IDFC Tax Advantage ELSS Fund (G)?

    You can invest in IDFC Tax Advantage ELSS Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

    What is the minimum sip amount of IDFC Tax Advantage ELSS Fund (G)?

    The minimum sip amount for IDFC Tax Advantage ELSS Fund (G) is ₹500. You can invest in multiples of ₹500.

    Is IDFC Tax Advantage ELSS Fund (G) good to invest in?

    As per Scripbox experts, IDFC Tax Advantage ELSS Fund (G) is a Neutral fund. You can investIDFC Tax Advantage ELSS Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

    What is the expense ratio of the IDFC Tax Advantage ELSS Fund (G)?

    The expense ratio of the IDFC Tax Advantage ELSS Fund (G) is 1.95% for regular plan.