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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 Very 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 a minimum investment horizon of more than 3 years

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

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Annualised Returns(as on 30th Jun, 2021)83.30%1yr15.22%3yr16.95%5yr
*NAV 88.1300 as on 29/07/20210.88(1.00%) Get NAV History
#IDCW: Income Distribution cum Capital Withdrawal Option

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:18,329.77

Return:83.30%

S&P BSE 200 TRI #

Value:15,876.66

Return:58.77%

Nifty 50 TRI ##

Value:15,457.71

Return:54.58%
Scheme NamesCAGR Returns (%)Current value of Investment of 10,000
1 year3 year5 year26/12/2008 Since inception1 year3 year5 year26/12/2008 Since inception
IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth83.3015.2216.9518.7418,329.7715,308.8221,888.5685,820
S&P BSE 200 TRI #58.7715.4015.6317.1515,876.6615,381.5420,677.7472,534.65
Nifty 50 TRI ##54.5815.0015.0815.9815,457.7115,220.1720,191.4563,964.69
# Scheme Benchmark   |   ## Scheme Alternate Benchmark

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

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/3o63xgQ