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IDFC Tax Advantage (ELSS) Fund

An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit

EquityInception Date:26/12/2008Ask an Advisor

An Equity Linked Savings Scheme (ELSS), with a 3 year lock in, that enables investors to avail of a deduction from total income, as permitted under the Income Tax Act, 1961.

Min Investment 500
Min SIP Amount 500
Exit Load
Nil

Investors understand that their principal will be at Moderately High.

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.

Scheme is suitable for goals with a horizon of 5+ years, 3-5 years, Tax Savings

Benchmark : S&P BSE 200 TRIAlternate Benchmark : Nifty 50 TRI

Annualised Returnsas on 31st Aug, 20205.54%1yr0.32%3yr6.43%5yr

*NAV 51.2800 as on 24/09/2020-1.56(-3.00%) Get NAV History

Performance
Portfolio
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Details

Value of 10,000 invested in IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth

Annualized Returns

IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth

Value:10,557.09
Return:5.54%

S&P BSE 200 TRI #

Value:10,552.85
Return:5.50%

Nifty 50 TRI ##

Value:10,433.67
Return:4.31%

Scheme Names	CAGR Returns (%)				Current value of Investment of 10,000
	1 year	3 year	5 year	26/12/2008 Since inception	1 year	3 year	5 year	26/12/2008 Since inception
IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth	5.54	0.32	6.43	15.42	10,557.09	10,094.94	13,663.54	53,440
S&P BSE 200 TRI #	5.50	4.80	8.76	14.89	10,552.85	11,512.41	15,222.46	50,623.39
Nifty 50 TRI ##	4.31	6.01	8.75	13.92	10,433.67	11,914.82	15,214.25	45,889.27
# Scheme Benchmark \| ## Scheme Alternate Benchmark

This fund is managed by Daylynn Pinto (w.e.f 20/10/2016)

*NAV as on 24/09/2020, performance of IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth as on 31/08/2020.

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.

Taxation:

For taxation, please refer the link : https://bit.ly/2BbIG7j

Dividend HistoryDividend History

Record Date	/ Unit	NAV
27/03/2019	0.37	16.7300
27/09/2018	0.48	16.8600
09/02/2018	0.68	18.6811
18/09/2017	0.62	18.1086
27/02/2017	1.24	15.6964

Schemes	Return in 5 yrs
IDFC Focused Equity Fund Moderately High	Returns 8.17%
IDFC Large Cap Fund Formerly Known as IDFC Equity Fund Moderately High	Returns 7.78%
IDFC Core Equity Fund Formerly Known as IDFC Classic Equity Fund Moderately High	Returns 7.45%

Schemes

Return in 5 yrs

IDFC Focused Equity Fund

Moderately High

Returns

8.17%

IDFC Large Cap Fund

Formerly Known as IDFC Equity Fund

Moderately High

Returns

7.78%

IDFC Core Equity Fund

Formerly Known as IDFC Classic Equity Fund

Moderately High

Returns

7.45%

More about IDFC Tax Advantage (ELSS) Fund