Table of Contents 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. IDFC Tax Advantage (ELSS) Fund is a Equity - ELSS fund launched on 26 Dec 08. It is a fund with Moderately High risk and has given a Below is the key information for IDFC Tax Advantage (ELSS) Fund Returns up to 1 year are on Historical performance (Yearly) on absolute basis IDFC Tax Advantage (ELSS) Fund - G
Scheme Objective
CAGR
return of 18.7% since its launch. Ranked 3 in ELSS
category. Return for 2023 was 28.3% , 2022 was 4.2% and 2021 was 49.2% . NAV as on 16 May 24 ₹140.468 ↑ 1.17 (0.84 %) Net Assets (AUM) as on 31 Mar 2024 ₹6,253 Cr. Launch Date 26 Dec 2008 Category Equity - ELSS Rating ☆☆☆☆☆ Type Open Ended Fund Risk Moderately High AMC IDFC Asset Management Company Limited Alpha Ratio 3.83 Expense Ratio 1.95 % Sharpe Ratio 2.843 Information Ratio 0.62 Benchmark Not Available Min Investment ₹500 Min SIP Investment ₹500 Exit Load NIL NAV Price Chart
Returns
Annual Compounded Returns
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 16 May 24 Duration Returns 1 Month 1.8% 3 Month 3.2% 6 Month 16.7% 1 Year 34.6% 3 Year 21.6% 5 Year 21.1% 10 Year 15 Year Since launch 18.7% Historical Annual Returns
Year Returns 2023 28.3% 2022 4.2% 2021 49.2% 2020 18.7% 2019 1.9% 2018 -9.4% 2017 53.4% 2016 0.4% 2015 6.9% Growth of 10k Over Years
Date Value 30 Apr 19 ₹10,000 30 Apr 20 ₹7,735 30 Apr 21 ₹13,721 30 Apr 22 ₹17,331 30 Apr 23 ₹18,014 30 Apr 24 ₹24,954 Asset Allocation
Asset Class Value Cash 5.33% Equity 94.67% Sector Allocation
Sector Value Financial Services 26.29% Consumer Cyclical 13.05% Industrials 9.7% Health Care 8.74% Consumer Defensive 8.17% Technology 8.14% Basic Materials 7.74% Energy 6.1% Communication Services 3.13% Utility 2.9% Real Estate 0.72% Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANKBanks - Regional 6% ₹372 Cr 3,400,000 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANKBanks - Regional 5% ₹340 Cr 2,350,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | RELIANCEOil & Gas Refining & Marketing 5% ₹327 Cr 1,100,000 Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 21 | 532215Banks - Regional 4% ₹230 Cr 2,200,000 Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFYInformation Technology Services 3% ₹210 Cr 1,400,000 State Bank of India (Financial Services)
Equity, Since 30 Jun 20 | SBINBanks - Regional 3% ₹181 Cr 2,400,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 20 | BHARTIARTLTelecom Services 3% ₹157 Cr 1,275,000 Tata Motors Ltd (Consumer Cyclical)
Equity, Since 31 May 20 | TATAMOTORSAuto Manufacturers 2% ₹139 Cr 1,400,000
↓ -100,000 NTPC Ltd (Utilities)
Equity, Since 30 Sep 22 | 532555Utilities - Regulated Electric 2% ₹134 Cr 4,000,000 Jindal Steel & Power Ltd (Basic Materials)
Equity, Since 31 Mar 18 | 532286Steel 2% ₹127 Cr 1,500,000
Talk to our investment specialistFund Managers
Name Since Tenure Daylynn Pinto 20 Oct 16 7.45 Yr. Ritika Behera 7 Oct 23 0.48 Yr. Custodians
Company Address Deutsche Bank AG Deutsche Bank AG,Kodak House, 22, D.N. Road, Registrar & Transfer Agent
Computer Age Management Services Ltd Address New No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam FAX 91-44-28283610 Email enq_L@camsonline.com Administrator Companies
Company Address Bandhan Asset Management Company Limited Bandhan Asset Management Company Limited,6th Floor, 841, One World Center,Jupiter Mill, Senapati Bapat Marg, Elphinstone Road (West), Mumbai Auditors
Company Address Deloitte Haskins & Sells LLP 12, Dr. Annie Besant Road, Opp. Shiv Sagar Estate,,Worli All Plan & Options
Fund and Plan NAV 6 Month 1 Year 3 Year 5 Year IDFC Tax Advantage (ELSS) Fund
Growth ₹140.468
↑ 1.17 16.69 % 34.55 % 21.58 % 21.09 % IDFC Tax Advantage (ELSS) Fund
Normal Dividend, Payout ₹32.547
↑ 0.27 8.34 % 18.11 % 16.25 % 17.88 % Data as on 16 May 24