+91-22-48913909
Table of Contents
10 Best IDFC SIP Mutual Funds 2024
IDFC SIP is an efficient way to invest in Mutual Fund scheme. A SIP or Systematic Investment plan is an investment mode wherein you can invest a small sum of money at a stipulated interval. One can invest monthly/annually as per their convenience.
Also, SIP, being the most affordable means of investment, one can start Investing with an amount as low as INR 1,000. It is also a great way to achieve Financial goals on time. One can plan goals like Retirement planning, marriage, purchase of a car/house or even higher education, etc.
Why Invest in IDFC SIP?
Some of the important benefits of IDFC SIP are:
- Power of Compounding
- Rupee cost averaging
- Flexible
- Builds long-term savings habit
Investors who are keen to invest via a SIP, here are some of the best IDFC SIP Mutual Funds to invest. These funds have been shortlisted by undertaking certain parameters like AUM, NAV, past performances, peer average returns, etc.
Talk to our investment specialist
Best IDFC SIP Mutual Funds for Equities
Fund NAV Net Assets (Cr) Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) IDFC Infrastructure Fund Growth ₹50.145
↑ 0.66 ₹1,777 100 -10 1.5 48.6 26.6 29.2 50.3 IDFC Core Equity Fund Growth ₹125.494
↑ 0.70 ₹6,917 100 -5.1 7.2 36.8 21.3 22.8 36.2 IDFC Sterling Value Fund Growth ₹143.946
↑ 0.64 ₹10,036 100 -4.6 4 27.8 18.1 25.2 32.6 IDFC Focused Equity Fund Growth ₹84.32
↑ 0.87 ₹1,746 100 3.1 15.5 36.5 15.2 17.5 31.3 IDFC Tax Advantage (ELSS) Fund Growth ₹145.996
↑ 0.47 ₹6,900 500 -5.1 3.1 21.5 14.3 22 28.3 IDFC Large Cap Fund Growth ₹72.827
↑ 0.24 ₹1,697 100 -3.8 7.5 29.5 12.1 16.7 26.8 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 19 Nov 24
The investment objective of the scheme is to seek to generate long-term capital growth through an active diversified portfolio of predominantly equity and equity related instruments of companies that are participating in and benefiting from growth in Indian infrastructure and infrastructural related activities. However, there can be no assurance that the investment objective of the scheme will be realized. IDFC Infrastructure Fund is a Equity - Sectoral fund was launched on 8 Mar 11. It is a fund with High risk and has given a Below is the key information for IDFC Infrastructure Fund Returns up to 1 year are on (Erstwhile IDFC Classic Equity Fund) 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 instruments. However, there is no assurance or guarantee that the objectives of the scheme will be realized. IDFC Core Equity Fund is a Equity - Large & Mid Cap fund was launched on 9 Aug 05. It is a fund with Moderately High risk and has given a Below is the key information for IDFC Core Equity Fund Returns up to 1 year are on The investment objective of the scheme is to seek to generate capital appreciation and/or provide income distribution from a portfolio of predominantly equity and equity related instruments. There is no assurance or guarantee that the objectives of the scheme will be realized. IDFC Focused Equity Fund is a Equity - Multi Cap fund was launched on 16 Mar 06. It is a fund with Moderately High risk and has given a Below is the key information for IDFC Focused Equity Fund Returns up to 1 year are on (Erstwhile IDFC Equity Fund) The investment objective of the scheme is to seek to generate
capital growth from a portfolio of predominantly equity and equity
related instruments (including Equity Derivatives). The scheme
may also invest in debt & money market instruments to generate
reasonable income. However there is no assurance or guarantee that the objectives of the scheme will be realized. IDFC Large Cap Fund is a Equity - Large Cap fund was launched on 9 Jun 06. It is a fund with Moderately High risk and has given a Below is the key information for IDFC Large Cap Fund Returns up to 1 year are on (Erstwhile IDFC Sterling Equity Fund) To generate capital appreciation from a diversified portfolio of equity and equity related instruments.It will predominantly invest in small and midcap equity and equity related instruments. Small and Midcap equity & equity related instruments will be the stocks included in the Nifty Free Float Midcap 100 or equity and equity related instruments of such companies which have a market capitalization lower than the highest components of Nifty Free Float Midcap 100. It may also invest in stocks other than mid cap stocks (i.e. in stocks, which have a market capitalisation of above the market capitalisation range of the defined small - midcap stocks) & derivatives. On defensive consideration,It may also invest in debt and money market instruments. In case of discontinuation /suspension of Nifty Free Float Midcap 100, the AMC reserves the right tomodify the definition of Mid cap and Small cap companies. In case of such amodification, the interest of investors will be of paramount importance. IDFC Sterling Value Fund is a Equity - Value fund was launched on 7 Mar 08. It is a fund with Moderately High risk and has given a Below is the key information for IDFC Sterling Value Fund Returns up to 1 year are on 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 was 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 1. IDFC Infrastructure Fund
CAGR/Annualized return of 12.5% since its launch. Ranked 1 in Sectoral category. Return for 2023 was 50.3% , 2022 was 1.7% and 2021 was 64.8% . IDFC Infrastructure Fund
Growth Launch Date 8 Mar 11 NAV (19 Nov 24) ₹50.145 ↑ 0.66 (1.33 %) Net Assets (Cr) ₹1,777 on 31 Oct 24 Category Equity - Sectoral AMC IDFC Asset Management Company Limited Rating ☆☆☆☆☆ Risk High Expense Ratio 2.33 Sharpe Ratio 2.5 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Oct 19 ₹10,000 31 Oct 20 ₹8,539 31 Oct 21 ₹17,121 31 Oct 22 ₹17,400 31 Oct 23 ₹22,341 31 Oct 24 ₹36,843 Returns for IDFC Infrastructure Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Nov 24 Duration Returns 1 Month -8.2% 3 Month -10% 6 Month 1.5% 1 Year 48.6% 3 Year 26.6% 5 Year 29.2% 10 Year 15 Year Since launch 12.5% Historical performance (Yearly) on absolute basis
Year Returns 2023 50.3% 2022 1.7% 2021 64.8% 2020 6.3% 2019 -5.3% 2018 -25.9% 2017 58.7% 2016 10.7% 2015 -0.2% 2014 43.2% Fund Manager information for IDFC Infrastructure Fund
Name Since Tenure Vishal Biraia 24 Jan 24 0.77 Yr. Ritika Behera 7 Oct 23 1.07 Yr. Gaurav Satra 7 Jun 24 0.4 Yr. Data below for IDFC Infrastructure Fund as on 31 Oct 24
Equity Sector Allocation
Sector Value Industrials 56.68% Utility 11.44% Basic Materials 11.35% Communication Services 4.8% Energy 4.05% Technology 3.27% Financial Services 3.19% Consumer Cyclical 2.56% Health Care 1.51% Asset Allocation
Asset Class Value Cash 1.15% Equity 98.85% Top Securities Holdings / Portfolio
Name Holding Value Quantity Kirloskar Brothers Ltd (Industrials)
Equity, Since 31 Dec 17 | KIRLOSBROS4% ₹82 Cr 443,385 GPT Infraprojects Ltd (Industrials)
Equity, Since 30 Nov 17 | GPTINFRA4% ₹75 Cr 4,742,567
↑ 357,667 Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 24 | RELIANCE4% ₹67 Cr 226,353 Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 12 | LT3% ₹63 Cr 171,447 Adani Ports & Special Economic Zone Ltd (Industrials)
Equity, Since 31 Dec 23 | ADANIPORTS3% ₹63 Cr 434,979 PTC India Financial Services Ltd (Financial Services)
Equity, Since 31 Dec 23 | PFS3% ₹61 Cr 12,200,218 Ahluwalia Contracts (India) Ltd (Industrials)
Equity, Since 30 Apr 15 | AHLUCONT3% ₹54 Cr 470,125 H.G. Infra Engineering Ltd Ordinary Shares (Industrials)
Equity, Since 28 Feb 18 | HGINFRA3% ₹50 Cr 321,984 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Apr 19 | BHARTIARTL3% ₹49 Cr 289,163 KEC International Ltd (Industrials)
Equity, Since 30 Jun 24 | 5327143% ₹49 Cr 475,362
↑ 48,240 2. IDFC Core Equity Fund
CAGR/Annualized return of 14% since its launch. Ranked 23 in Large & Mid Cap category. Return for 2023 was 36.2% , 2022 was 6.9% and 2021 was 34.1% . IDFC Core Equity Fund
Growth Launch Date 9 Aug 05 NAV (19 Nov 24) ₹125.494 ↑ 0.70 (0.56 %) Net Assets (Cr) ₹6,917 on 31 Oct 24 Category Equity - Large & Mid Cap AMC IDFC Asset Management Company Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.96 Sharpe Ratio 2.45 Information Ratio 1.18 Alpha Ratio 8.27 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Oct 19 ₹10,000 31 Oct 20 ₹9,820 31 Oct 21 ₹15,582 31 Oct 22 ₹16,409 31 Oct 23 ₹19,239 31 Oct 24 ₹28,815 Returns for IDFC Core Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Nov 24 Duration Returns 1 Month -6.5% 3 Month -5.1% 6 Month 7.2% 1 Year 36.8% 3 Year 21.3% 5 Year 22.8% 10 Year 15 Year Since launch 14% Historical performance (Yearly) on absolute basis
Year Returns 2023 36.2% 2022 6.9% 2021 34.1% 2020 12.9% 2019 3.7% 2018 -5.1% 2017 37.3% 2016 8% 2015 5.2% 2014 28.6% Fund Manager information for IDFC Core Equity Fund
Name Since Tenure Manish Gunwani 28 Jan 23 1.76 Yr. Rahul Agarwal 28 Aug 23 1.18 Yr. Ritika Behera 7 Oct 23 1.07 Yr. Harsh Bhatia 26 Feb 24 0.68 Yr. Gaurav Satra 7 Jun 24 0.4 Yr. Data below for IDFC Core Equity Fund as on 31 Oct 24
Equity Sector Allocation
Sector Value Financial Services 23.4% Consumer Cyclical 11.77% Industrials 11.74% Health Care 10.14% Basic Materials 9.44% Technology 7.31% Consumer Defensive 6.66% Energy 5.06% Communication Services 4.39% Real Estate 3.72% Utility 1.93% Asset Allocation
Asset Class Value Cash 4.45% Equity 95.55% Top Securities Holdings / Portfolio
Name Holding Value Quantity Reliance Industries Ltd (Energy)
Equity, Since 31 May 20 | RELIANCE3% ₹218 Cr 738,868
↑ 90,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 12 | HDFCBANK3% ₹198 Cr 1,145,809 ICICI Bank Ltd (Financial Services)
Equity, Since 29 Feb 16 | ICICIBANK3% ₹195 Cr 1,531,534
↑ 300,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Apr 24 | BHARTIARTL2% ₹149 Cr 868,670
↑ 145,000 ITC Ltd (Consumer Defensive)
Equity, Since 30 Sep 22 | ITC2% ₹148 Cr 2,858,226
↑ 157,987 Zomato Ltd (Consumer Cyclical)
Equity, Since 28 Feb 23 | 5433202% ₹142 Cr 5,197,469 Infosys Ltd (Technology)
Equity, Since 31 May 11 | INFY2% ₹133 Cr 709,168
↓ -241,427 Bajaj Finserv Ltd (Financial Services)
Equity, Since 31 Mar 24 | 5329782% ₹123 Cr 621,361
↑ 240,303 Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 24 | 5322152% ₹119 Cr 965,000
↑ 75,000 Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 May 24 | HINDUNILVR2% ₹117 Cr 396,364
↑ 50,000 3. IDFC Focused Equity Fund
CAGR/Annualized return of 12.1% since its launch. Ranked 13 in Multi Cap category. Return for 2023 was 31.3% , 2022 was -5% and 2021 was 24.6% . IDFC Focused Equity Fund
Growth Launch Date 16 Mar 06 NAV (19 Nov 24) ₹84.32 ↑ 0.87 (1.04 %) Net Assets (Cr) ₹1,746 on 31 Oct 24 Category Equity - Multi Cap AMC IDFC Asset Management Company Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.13 Sharpe Ratio 2.36 Information Ratio 0.1 Alpha Ratio 11.71 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Oct 19 ₹10,000 31 Oct 20 ₹10,621 31 Oct 21 ₹14,612 31 Oct 22 ₹14,308 31 Oct 23 ₹15,659 31 Oct 24 ₹23,009 Returns for IDFC Focused Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Nov 24 Duration Returns 1 Month -3.9% 3 Month 3.1% 6 Month 15.5% 1 Year 36.5% 3 Year 15.2% 5 Year 17.5% 10 Year 15 Year Since launch 12.1% Historical performance (Yearly) on absolute basis
Year Returns 2023 31.3% 2022 -5% 2021 24.6% 2020 14.9% 2019 8.9% 2018 -12.7% 2017 54.4% 2016 1.8% 2015 -4.8% 2014 32.2% Fund Manager information for IDFC Focused Equity Fund
Name Since Tenure Sumit Agrawal 20 Oct 16 8.04 Yr. Ritika Behera 7 Oct 23 1.07 Yr. Gaurav Satra 7 Jun 24 0.4 Yr. Data below for IDFC Focused Equity Fund as on 31 Oct 24
Equity Sector Allocation
Sector Value Financial Services 27.23% Consumer Cyclical 21.54% Technology 13.77% Industrials 13.02% Health Care 5.34% Energy 5.04% Real Estate 4.61% Consumer Defensive 4.33% Utility 4.2% Asset Allocation
Asset Class Value Cash 0.92% Equity 99.08% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 19 | HDFCBANK9% ₹158 Cr 912,664 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK8% ₹137 Cr 1,078,678 Trent Ltd (Consumer Cyclical)
Equity, Since 30 Nov 22 | 5002516% ₹107 Cr 141,436 Apar Industries Ltd (Industrials)
Equity, Since 31 Aug 23 | APARINDS5% ₹91 Cr 95,629 Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 23 | RELIANCE5% ₹90 Cr 305,924 Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 30 Jun 22 | CHOLAFIN5% ₹85 Cr 530,834 Phoenix Mills Ltd (Real Estate)
Equity, Since 30 Nov 22 | 5031005% ₹83 Cr 447,670 INOX Green Energy Services Ltd (Utilities)
Equity, Since 31 Aug 24 | INOXGREEN4% ₹75 Cr 3,623,188 Coforge Ltd (Technology)
Equity, Since 31 May 24 | COFORGE4% ₹72 Cr 102,392
↑ 19,964 Infosys Ltd (Technology)
Equity, Since 31 Oct 19 | INFY4% ₹68 Cr 360,307
↑ 46,000 4. IDFC Large Cap Fund
CAGR/Annualized return of 11.4% since its launch. Ranked 57 in Large Cap category. Return for 2023 was 26.8% , 2022 was -2.3% and 2021 was 26.8% . IDFC Large Cap Fund
Growth Launch Date 9 Jun 06 NAV (19 Nov 24) ₹72.827 ↑ 0.24 (0.33 %) Net Assets (Cr) ₹1,697 on 31 Oct 24 Category Equity - Large Cap AMC IDFC Asset Management Company Limited Rating ☆☆ Risk Moderately High Expense Ratio 2.13 Sharpe Ratio 1.95 Information Ratio -0.09 Alpha Ratio 4.25 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Oct 19 ₹10,000 31 Oct 20 ₹10,317 31 Oct 21 ₹15,154 31 Oct 22 ₹14,988 31 Oct 23 ₹16,049 31 Oct 24 ₹22,297 Returns for IDFC Large Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Nov 24 Duration Returns 1 Month -5.1% 3 Month -3.8% 6 Month 7.5% 1 Year 29.5% 3 Year 12.1% 5 Year 16.7% 10 Year 15 Year Since launch 11.4% Historical performance (Yearly) on absolute basis
Year Returns 2023 26.8% 2022 -2.3% 2021 26.8% 2020 17.4% 2019 10.6% 2018 -4.2% 2017 34.2% 2016 5.3% 2015 -5.7% 2014 30.4% Fund Manager information for IDFC Large Cap Fund
Name Since Tenure Sumit Agrawal 1 Mar 17 7.67 Yr. Ritika Behera 7 Oct 23 1.07 Yr. Gaurav Satra 7 Jun 24 0.4 Yr. Data below for IDFC Large Cap Fund as on 31 Oct 24
Equity Sector Allocation
Sector Value Financial Services 26.89% Consumer Cyclical 13.49% Consumer Defensive 13.41% Technology 13.35% Energy 8.04% Industrials 6.84% Health Care 5.9% Basic Materials 5.12% Communication Services 3.13% Utility 2.16% Real Estate 0.76% Asset Allocation
Asset Class Value Cash 0.91% Equity 99.09% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 07 | HDFCBANK9% ₹157 Cr 903,785 Reliance Industries Ltd (Energy)
Equity, Since 28 Feb 07 | RELIANCE8% ₹140 Cr 474,693
↓ -6,915 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK7% ₹114 Cr 892,343
↑ 13,282 Infosys Ltd (Technology)
Equity, Since 31 Aug 11 | INFY6% ₹104 Cr 552,338 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 18 | TCS5% ₹93 Cr 218,851 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 30 Apr 24 | M&M3% ₹56 Cr 179,331 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Apr 24 | BHARTIARTL3% ₹55 Cr 318,963 Grasim Industries Ltd (Basic Materials)
Equity, Since 30 Apr 23 | GRASIM3% ₹54 Cr 191,812 Mankind Pharma Ltd (Healthcare)
Equity, Since 31 May 23 | MANKIND3% ₹50 Cr 198,575 Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 22 | 5322153% ₹44 Cr 356,763
↑ 76,381 5. IDFC Sterling Value Fund
CAGR/Annualized return of 17.3% since its launch. Ranked 21 in Value category. Return for 2023 was 32.6% , 2022 was 3.2% and 2021 was 64.5% . IDFC Sterling Value Fund
Growth Launch Date 7 Mar 08 NAV (19 Nov 24) ₹143.946 ↑ 0.64 (0.45 %) Net Assets (Cr) ₹10,036 on 31 Oct 24 Category Equity - Value AMC IDFC Asset Management Company Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 1.81 Sharpe Ratio 2.05 Information Ratio 0.88 Alpha Ratio 2.98 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Oct 19 ₹10,000 31 Oct 20 ₹9,651 31 Oct 21 ₹18,286 31 Oct 22 ₹19,764 31 Oct 23 ₹22,975 31 Oct 24 ₹31,580 Returns for IDFC Sterling Value Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Nov 24 Duration Returns 1 Month -6.3% 3 Month -4.6% 6 Month 4% 1 Year 27.8% 3 Year 18.1% 5 Year 25.2% 10 Year 15 Year Since launch 17.3% Historical performance (Yearly) on absolute basis
Year Returns 2023 32.6% 2022 3.2% 2021 64.5% 2020 15.2% 2019 -6.2% 2018 -13% 2017 61.3% 2016 1.1% 2015 -0.3% 2014 57.3% Fund Manager information for IDFC Sterling Value Fund
Name Since Tenure Daylynn Pinto 20 Oct 16 8.04 Yr. Ritika Behera 7 Oct 23 1.07 Yr. Gaurav Satra 7 Jun 24 0.4 Yr. Data below for IDFC Sterling Value Fund as on 31 Oct 24
Equity Sector Allocation
Sector Value Financial Services 25.86% Consumer Cyclical 12.67% Industrials 9.97% Technology 8.98% Basic Materials 7.74% Health Care 7.27% Consumer Defensive 7.01% Energy 5.86% Utility 4.86% Real Estate 2.03% Communication Services 1.13% Asset Allocation
Asset Class Value Cash 4.89% Equity 95.11% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 22 | HDFCBANK5% ₹554 Cr 3,200,000
↑ 100,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 22 | RELIANCE5% ₹502 Cr 1,700,000
↑ 150,000 Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 21 | 5322154% ₹444 Cr 3,600,000
↑ 100,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK4% ₹382 Cr 3,000,000 Jindal Steel & Power Ltd (Basic Materials)
Equity, Since 30 Apr 17 | 5322862% ₹260 Cr 2,500,000 CG Power & Industrial Solutions Ltd (Industrials)
Equity, Since 31 Aug 15 | 5000932% ₹258 Cr 3,400,000
↓ -100,000 NTPC Ltd (Utilities)
Equity, Since 30 Jun 22 | 5325552% ₹244 Cr 5,500,000 ITC Ltd (Consumer Defensive)
Equity, Since 28 Feb 22 | ITC2% ₹233 Cr 4,500,000 Hero MotoCorp Ltd (Consumer Cyclical)
Equity, Since 31 Aug 22 | HEROMOTOCO2% ₹228 Cr 400,000 IndusInd Bank Ltd (Financial Services)
Equity, Since 30 Nov 22 | INDUSINDBK2% ₹217 Cr 1,500,000 6. IDFC Tax Advantage (ELSS) Fund
CAGR/Annualized return of 18.4% since its launch. Ranked 3 in ELSS category. Return for 2023 was 28.3% , 2022 was 4.2% and 2021 was 49.2% . IDFC Tax Advantage (ELSS) Fund
Growth Launch Date 26 Dec 08 NAV (19 Nov 24) ₹145.996 ↑ 0.47 (0.32 %) Net Assets (Cr) ₹6,900 on 31 Oct 24 Category Equity - ELSS AMC IDFC Asset Management Company Limited Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 1.79 Sharpe Ratio 1.63 Information Ratio -0.02 Alpha Ratio -2.48 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Oct 19 ₹10,000 31 Oct 20 ₹9,943 31 Oct 21 ₹17,916 31 Oct 22 ₹18,751 31 Oct 23 ₹21,358 31 Oct 24 ₹27,692 Returns for IDFC Tax Advantage (ELSS) Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Nov 24 Duration Returns 1 Month -6% 3 Month -5.1% 6 Month 3.1% 1 Year 21.5% 3 Year 14.3% 5 Year 22% 10 Year 15 Year Since launch 18.4% Historical performance (Yearly) on absolute basis
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% 2014 42.2% Fund Manager information for IDFC Tax Advantage (ELSS) Fund
Name Since Tenure Daylynn Pinto 20 Oct 16 8.04 Yr. Ritika Behera 7 Oct 23 1.07 Yr. Gaurav Satra 10 Jun 24 0.39 Yr. Data below for IDFC Tax Advantage (ELSS) Fund as on 31 Oct 24
Equity Sector Allocation
Sector Value Financial Services 26.5% Consumer Cyclical 11.23% Technology 10.34% Industrials 9.24% Consumer Defensive 8.93% Basic Materials 8.9% Health Care 8.77% Energy 5.02% Communication Services 3.33% Utility 2.99% Real Estate 1.6% Asset Allocation
Asset Class Value Cash 3.17% Equity 96.83% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK6% ₹433 Cr 2,500,000
↑ 50,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK5% ₹382 Cr 3,000,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | RELIANCE5% ₹369 Cr 1,250,000
↑ 75,000 Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 21 | 5322154% ₹308 Cr 2,500,000
↑ 200,000 Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY4% ₹263 Cr 1,400,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 20 | BHARTIARTL3% ₹188 Cr 1,100,000
↓ -100,000 NTPC Ltd (Utilities)
Equity, Since 30 Sep 22 | 5325552% ₹177 Cr 4,000,000 Jindal Steel & Power Ltd (Basic Materials)
Equity, Since 31 Mar 18 | 5322862% ₹156 Cr 1,500,000 CG Power & Industrial Solutions Ltd (Industrials)
Equity, Since 31 Aug 17 | 5000932% ₹156 Cr 2,050,000
↓ -50,000 Cipla Ltd (Healthcare)
Equity, Since 30 Sep 20 | 5000872% ₹141 Cr 850,000
↓ -50,000
How Does SIP Investment Grow?
Want to know how your SIP investment will grow if you invest a certain amount monthly for a specific period of time? We will explain you with an example.
SIP Calculator or SIP Return Calculator
SIP calculators usually take inputs such as the SIP investment amount(goal) one seeks to invest, the number of years of investing required, expected Inflation rates (one needs to account for this!) and expected returns. Hence, one can calculate the SIP returns required to achieve a goal!
Let’s suppose, if you invest INR 10,000 for 10 years, see how your SIP investment grows-
Monthly Investment: INR 10,000
Investment Period: 10 years
Total Amount Invested: INR 12,00,000
Long-term Growth Rate (approx.): 15%
Expected Returns as per sip calculator: INR 27,86,573
Net Profit: INR 15,86,573 (Absolute Return= 132.2%)
The above calculations show that if you invest INR 10,000 monthly for 10 years (a total of INR 12,00,000) you will earn INR 27,86,573, which means the net profit you make is INR 15,86,573. Isn’t it great!
How to Invest in IDFC SIP Funds Online?
Open Free Investment Account for Lifetime at Fincash.com.
Complete your Registration and KYC Process
Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
You Might Also Like
AMFI Registration No. 112358 | CIN: U74999MH2016PTC282153
Shepard Technologies Pvt. Ltd. (with ARN code 112358) makes no warranties or representations, express or implied, on products offered through the platform. It accepts no liability for any damages or losses, however caused, in connection with the use of, or on the reliance of its product or related services. Terms and conditions of the website are applicable.
©2024 Shepard Technologies Private Limited. All Rights Reserved