IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth - Regular - Latest NAV [ ₹93.26 ], Returns, Performance, Portfolio & Returns 2021

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

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  • Save up to Rs 46,800 in taxes every year.
  • Highest returns compared to other 80C investments.
  • Lowest lock-in of 3 years
Note: Every instalment of SIP and every lumpsum order must complete the lock-in period before redemption.
Average Annualised Returns i
Tax rates i
30%Not taxable10%*
Returns after tax i
Current rate of Inflation i
Real Rate of Return i
Lock-in Period i
5 years15 years3 years
*Taxable @ 10% over and above Rs 1 lakh.

Fund Summarystar

PeriodReturns(per year)
10 Years17.62%
5 Years17.2%
3 Years17.31%
1 Year69.41%
6 Months24.75%
Fund Details
RiskVery High Risk
Fund TypeELSS (Tax Savings)
Exit Load--

More about this fundstar

Top HoldingsWeightage
ICICI Bank Ltd7.75%
Infosys Ltd7.03%
State Bank of India4.59%
HDFC Bank Ltd4.5%
Deepak Nitrite Ltd4.1%
Reliance Industries Ltd3.72%
Bharti Airtel Ltd3.38%
Tata Motors Ltd2.58%
HCL Technologies Ltd2.48%
Axis Bank Ltd2.24%

About IDFC Tax Advantage ELSS Fund

IDFC Tax Advantage ELSS Fund aims to achieve wealth maximisation for the investors in the long term. The fund manager maintains a well-diversified portfolio consisting of stocks of companies across market capitalisation and sectors. Only those stocks are picked which have strong fundamentals and reasonable valuations. However, the scheme does not guarantee assured returns due to presence of market risks.

Pros & Cons of Franklin India Taxshield Fund

IDFC Tax Advantage ELSS Fund offers the following benefits: 1. Save upto ?46,800 in taxes under section 80C of Income Tax Act, 1961 (by investing in ELSS funds) 2. Shortest lock-in period allows the fund manager to take better decision and look through the interim volatility. 3. Being a star-rated fund, it has been able to deliver exceptionally higher returns than the benchmark and the category since inception. Additionally, it was able to contain the downside in the year 2011.

Fund Information and Statistics of IDFC Tax Advantage ELSS Fund

i) Inception / Launch date

IDFC Tax Advantage ELSS Fund was launched on 26 December 2008 by IDFC Mutual Fund.

ii) Risk level

Being a multi-cap fund, IDFC Tax Advantage ELSS Fund is a moderately high risk bet and suitable for investors who have a long-term investment horizon of more than 5 years.

iii) Redemption

Redemption of Units can be made only after the expiry of the lock-in period of three years from the date of allotment of units which the holder has proposed to redeem. It will be done by a repurchase/buyback by the fund house. Under normal circumstances, your fund house will dispatch the redemption proceeds within 10 business days from date of receipt of request.

iv) Fund Manager

Mr. Daylynn Gerard Paul, who holds a rich experience of over 12 years in fund management with prestigious fund houses, has been managing the IDFC Tax Advantage ELSS Fund since October 2016.

v) Entry / Exit load

The fund house does not charge any entry load and exit load for investing in IDFC Tax Advantage ELSS Fund

Tax benefits of investing in IDFC Tax Advantage ELSS Fund

IDFC Tax Advantage ELSS Fund has a lock-in period of three years which is the lowest amongst all other tax saving alternatives available in India. It helps you to claim a tax deduction of up to Rs. 1.5 lakhs under Section 80C from your Gross Total Income and enables saving taxes up to Rs. 46,800.

About IDFC Mutual Fund

After being established in 2000, IDFC Mutual Fund has evolved into one of the largest fund houses in the country. This has become possible on account of the robust network developed by the fund house to render consistent value to its investors who are spread in whole of India.

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Frequently Asked Questions

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Start your investment

Currently this fund is not available on ClearTax Invest. We request you to checkout other Related funds
Very High Risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns