IDFC Tax Advantage (ELSS) Fund Direct Plan Reinvestment of Income Distribution cum cptl Wdrl opt
IDFC Tax Advantage (ELSS) Fund Direct Plan Reinvestment of Income Distribution cum cptl Wdrl opt

IDFC Tax Advantage (ELSS) Fund Direct Plan Reinvestment of Income Distribution cum cptl Wdrl opt

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Equity
Direct
Elss (Tax Savings)

NAV: ₹ 34.9 as on 09-12-2022

Fund Performance

Fund Performance

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
1.2%
3.7%
14.2%
8%
25.4%
12.9%
Benchmark
2.4%
2.2%
14.7%
4.3%
18.1%
11.5%
Category
1.6%
3.1%
15%
5.1%
17.9%
11.1%
About the Fund

IDFC Tax Advantage (ELSS) Fund Direct Plan Reinvestment of Income Distribution cum cptl Wdrl opt is an equity fund. This fund was started on  1 January, 2013. The fund is managed by Daylynn Pinto. The fund could potentially beat inflation in the long-run.

Key parameters

1) IDFC Tax Advantage (ELSS) Fund Direct Plan Reinvestment of Income Distribution cum cptl Wdrl opt has a NAV of 34.915 as on 09-12-2022.

2) IDFC Tax Advantage (ELSS) Fund Direct Plan Reinvestment of Income Distribution cum cptl Wdrl opt has 4091 Cr worth of assets under management (AUM) as on 31-10-2022 and is more than category average.

3) The fund has an expense ratio 0.74 %.

Fund Overview

Expense ratio
Expense ratio
0.74%
Benchmark
Benchmark
S&P BSE 200 India TR INR
AUM
AUM
₹4091 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹0/₹0
Exit Load
Exit Load
0%
Lock In
Lock In
3 Years
TurnOver
TurnOver
20.79%

Fund Distribution

  • Equity 92.6%
  • Debt & Cash 7.4%
Size breakup
Large cap
54.6%
Mid cap
20.8%
Small cap
17.1%

Sector Allocation

Oct'22

Sep'22

Aug'22

Financial Services

29.9%

Consumer Cyclical

17.4%

Industrial

12.8%

Basic Materials

11%

Tech

10.2%

Health

7.4%

Energy

3.8%

Consumer Defensive

3.4%

Communication

3.1%

Utilities

0.9%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings49
Equity Holdings46
Debt Holdings3
Holdings
Weight%
Holdings Trend
1M Change
icon
ICICI Bank Ltd
8.85%
0%
icon
Triparty Repo
7.74%
0%
icon
Infosys Ltd
5.4%
0%
icon
State Bank of India
5.15%
0%
icon
HDFC Bank Ltd
4.13%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 178.1 Cr in last 1M
Oct'22 return underperformed benchmark

Change in AUM

Oct'22
₹ 4K Cr
Sep'22
₹ 3.8K Cr
Aug'22
₹ 3.9K Cr

Fund Returns vs Benchmark

Oct'22
4.24%
5.37%
Sep'22
-1.40%
-2.51%
Aug'22
4.37%
3.22%
Fund Return
Benchmark Return

Concentration Analysis

Fund
Oct'22
Oct'22
Aug'22
No of Holdings
50
50
51
Top 5 Company Concentration
26.6%
26%
26.8%
Company having highest exposure
ICICI Bank Ltd (8.7%)
ICICI Bank Ltd (8.6%)
ICICI Bank Ltd (8.8%)
No of Sectors
11
11
10
Top 5 Sectors Concentration
75.6%
75.3%
76.9%
Sector having highest exposure
Financial Services (27.8%)
Financial Services (26.8%)
Financial Services (27.5%)

Fund Manager

Daylynn Pinto

Daylynn Pinto

Managing this fund since 20 October 2016

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
IDFC Tax Advantage (ELSS) Fund - Direct Plan - Growth
25.63%
17.93%
IDFC Sterling Value Fund Direct Plan Growth
28.06%
20.65%

AMC details

Address
IDFC Asset Management Company Limited,OneIndiaBulls Centre, 841, Jupiter Mills Compound,,Senapati Bapat Marg,,Elphinstone Road (West),
Phone
022-68087000/18602660111
Fund House
IDFC Asset Management Company Limited

Fund Highlights

meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 17.41% since inception which is more than its category average return of 13.7%
Fund Allocations

Fund Allocations

This fund has an allocation of 92.58% in Equity, 0% in Debt and 7.42% in Cash related instruments
AUM size ₹4091 Cr

AUM size ₹4091 Cr

This fund has AUM of ₹4091 Cr which is more than its category average of ₹ 2744 Cr
Expense Ratio 0.74%

Expense Ratio 0.74%

This fund has an expense ratio of 0.74% which is less than its category average expense ratio of 1.59%

Frequently Asked Questions

The current NAV of IDFC Tax Advantage (ELSS) Fund Direct Plan Reinvestment of Income Distribution cum cptl Wdrl opt is 35.14.
Existing (Absolute + CAGR)
IDFC Tax Advantage (ELSS) Fund Direct Plan Reinvestment of Income Distribution cum cptl Wdrl opt
Absolute Returns
CAGR Returns
1 Month Returns
1.53%
1.53%
6 Month Returns
15.37%
15.37%
1 Year Returns
8.83%
8.83%
3 Years Returns
98.95%
25.77%
5 Years Returns
84.85%
13.07%
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0.74 as on November 2022
4091 Cr as on November 2022
ICICI Bank Ltd(8.66%),Infosys Ltd(5.4%),State Bank of India(5.04%),HDFC Bank Ltd(3.94%),Reliance Industries Ltd(3.52%) as on November 2022
Financial Services(27.81%),Consumer Cyclical(16.2%),Industrial(11.9%) as on November 2022
The alpha ratio for the IDFC Tax Advantage (ELSS) Fund Direct Plan Reinvestment of Income Distribution cum cptl Wdrl opt for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
IDFC Tax Advantage (ELSS) Fund Direct Plan Reinvestment of Income Distribution cum cptl Wdrl opt
2.37
3.69
-0.62
As on month end.
The alpha for IDFC Tax Advantage (ELSS) Fund Direct Plan Reinvestment of Income Distribution cum cptl Wdrl opt is calculated against S&P BSE 200 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the IDFC Tax Advantage (ELSS) Fund Direct Plan Reinvestment of Income Distribution cum cptl Wdrl opt for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
IDFC Tax Advantage (ELSS) Fund Direct Plan Reinvestment of Income Distribution cum cptl Wdrl opt
0.98
1.12
1.12
As on month end.
The Beta for IDFC Tax Advantage (ELSS) Fund Direct Plan Reinvestment of Income Distribution cum cptl Wdrl opt is calculated with S&P BSE 200 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the IDFC Tax Advantage (ELSS) Fund Direct Plan Reinvestment of Income Distribution cum cptl Wdrl opt for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
IDFC Tax Advantage (ELSS) Fund Direct Plan Reinvestment of Income Distribution cum cptl Wdrl opt
0.56
0.84
0.44
As on month end.
The sharpe ratio for IDFC Tax Advantage (ELSS) Fund Direct Plan Reinvestment of Income Distribution cum cptl Wdrl opt is calculated with S&P BSE 200 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the IDFC Tax Advantage (ELSS) Fund Direct Plan Reinvestment of Income Distribution cum cptl Wdrl opt for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
IDFC Tax Advantage (ELSS) Fund Direct Plan Reinvestment of Income Distribution cum cptl Wdrl opt
16.19
26.03
22.84
As on month end.
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
1.18
0.8
Daylynn Pinto is the fund manager of IDFC Tax Advantage (ELSS) Fund Direct Plan Reinvestment of Income Distribution cum cptl Wdrl opt
The Exit load of IDFC Tax Advantage (ELSS) Fund Direct Plan Reinvestment of Income Distribution cum cptl Wdrl opt is 0%

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.