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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 ₹55.052
↓ -0.31 ₹1,592 100 20.6 42.7 82.5 34.2 30.6 50.3 IDFC Core Equity Fund Growth ₹128.417
↓ -0.21 ₹5,360 100 13.6 26.3 53.9 25.5 24.4 36.2 IDFC Sterling Value Fund Growth ₹149.092
↑ 0.03 ₹9,757 100 11.4 20.2 38.3 23.4 26.1 32.6 IDFC Tax Advantage (ELSS) Fund Growth ₹152.649
↑ 0.20 ₹6,856 500 9.8 17.1 32 20.2 23.4 28.3 IDFC Large Cap Fund Growth ₹74.826
↓ -0.11 ₹1,515 100 11.8 20.3 35 18.1 18.8 26.8 IDFC Focused Equity Fund Growth ₹78.655
↓ -0.25 ₹1,641 100 8.4 15.6 32.1 16.2 18.1 31.3 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 23 Jul 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 (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 (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 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 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 13.6% 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 (23 Jul 24) ₹55.052 ↓ -0.31 (-0.56 %) Net Assets (Cr) ₹1,592 on 30 Jun 24 Category Equity - Sectoral AMC IDFC Asset Management Company Limited Rating ☆☆☆☆☆ Risk High Expense Ratio 2.44 Sharpe Ratio 4.16 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 30 Jun 19 ₹10,000 30 Jun 20 ₹7,399 30 Jun 21 ₹13,866 30 Jun 22 ₹13,265 30 Jun 23 ₹18,629 30 Jun 24 ₹34,701 Returns for IDFC Infrastructure Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Jul 24 Duration Returns 1 Month 3.5% 3 Month 20.6% 6 Month 42.7% 1 Year 82.5% 3 Year 34.2% 5 Year 30.6% 10 Year 15 Year Since launch 13.6% 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 0.44 Yr. Ritika Behera 7 Oct 23 0.73 Yr. Data below for IDFC Infrastructure Fund as on 30 Jun 24
Equity Sector Allocation
Sector Value Industrials 53.9% Basic Materials 11.12% Utility 7.51% Communication Services 6.72% Consumer Cyclical 4.61% Energy 3.17% Health Care 1.41% Financial Services 1.31% Technology 1.14% Asset Allocation
Asset Class Value Cash 9.12% Equity 90.88% Top Securities Holdings / Portfolio
Name Holding Value Quantity Kirloskar Brothers Ltd (Industrials)
Equity, Since 31 Dec 17 | KIRLOSBROS6% ₹91 Cr 426,753 Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 12 | LT4% ₹69 Cr 195,375 Adani Ports & Special Economic Zone Ltd (Industrials)
Equity, Since 31 Dec 23 | ADANIPORTS4% ₹64 Cr 434,979
↓ -15,260 Ahluwalia Contracts (India) Ltd (Industrials)
Equity, Since 30 Apr 15 | AHLUCONT3% ₹54 Cr 431,238 Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 24 | RELIANCE3% ₹50 Cr 161,090
↑ 161,090 Indus Towers Ltd Ordinary Shares (Communication Services)
Equity, Since 31 Dec 23 | INDUSTOWER3% ₹49 Cr 1,311,035
↑ 969,458 UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 Mar 14 | ULTRACEMCO3% ₹45 Cr 38,965 GPT Infraprojects Ltd (Industrials)
Equity, Since 30 Nov 17 | GPTINFRA3% ₹44 Cr 1,619,950 Bharat Electronics Ltd (Industrials)
Equity, Since 31 Oct 19 | BEL3% ₹44 Cr 1,431,700
↓ -473,898 ITD Cementation India Ltd (Industrials)
Equity, Since 30 Jun 15 | ITDCEM3% ₹42 Cr 790,311 2. IDFC Core Equity Fund
CAGR/Annualized return of 14.4% 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 (23 Jul 24) ₹128.417 ↓ -0.21 (-0.16 %) Net Assets (Cr) ₹5,360 on 30 Jun 24 Category Equity - Large & Mid Cap AMC IDFC Asset Management Company Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.05 Sharpe Ratio 3.37 Information Ratio 0.68 Alpha Ratio 9.06 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 30 Jun 19 ₹10,000 30 Jun 20 ₹8,412 30 Jun 21 ₹13,902 30 Jun 22 ₹13,702 30 Jun 23 ₹17,766 30 Jun 24 ₹27,553 Returns for IDFC Core Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Jul 24 Duration Returns 1 Month 4.1% 3 Month 13.6% 6 Month 26.3% 1 Year 53.9% 3 Year 25.5% 5 Year 24.4% 10 Year 15 Year Since launch 14.4% 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 1.42 Yr. Rahul Agarwal 28 Aug 23 0.84 Yr. Ritika Behera 7 Oct 23 0.73 Yr. Harsh Bhatia 26 Feb 24 0.34 Yr. Data below for IDFC Core Equity Fund as on 30 Jun 24
Equity Sector Allocation
Sector Value Financial Services 26.61% Consumer Cyclical 15.24% Industrials 13.68% Health Care 8.6% Technology 8.34% Basic Materials 6.44% Energy 5.47% Communication Services 5% Real Estate 2.85% Consumer Defensive 2.38% Utility 2.14% Asset Allocation
Asset Class Value Cash 3.26% Equity 96.74% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 29 Feb 16 | ICICIBANK5% ₹266 Cr 2,218,602
↑ 300,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 12 | HDFCBANK4% ₹231 Cr 1,370,809
↑ 180,000 Reliance Industries Ltd (Energy)
Equity, Since 31 May 20 | RELIANCE4% ₹191 Cr 608,868
↑ 40,000 Infosys Ltd (Technology)
Equity, Since 31 May 11 | INFY3% ₹180 Cr 1,150,595
↑ 290,000 Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 24 | AXISBANK2% ₹133 Cr 1,050,000
↑ 1,050,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Apr 24 | BHARTIARTL2% ₹119 Cr 823,670
↑ 268,670 Zomato Ltd (Consumer Cyclical)
Equity, Since 28 Feb 23 | 5433202% ₹104 Cr 5,197,469
↑ 500,000 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 29 Feb 24 | MARUTI2% ₹101 Cr 84,316
↑ 20,000 InterGlobe Aviation Ltd (Industrials)
Equity, Since 28 Feb 23 | INDIGO2% ₹97 Cr 230,000
↑ 45,000 Signatureglobal (India) Ltd (Real Estate)
Equity, Since 30 Sep 23 | 5439902% ₹91 Cr 653,819
↑ 133,881 3. IDFC Sterling Value Fund
CAGR/Annualized return of 17.9% 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 (23 Jul 24) ₹149.092 ↑ 0.03 (0.02 %) Net Assets (Cr) ₹9,757 on 30 Jun 24 Category Equity - Value AMC IDFC Asset Management Company Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 1.95 Sharpe Ratio 2.5 Information Ratio 0.68 Alpha Ratio 3.4 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 30 Jun 19 ₹10,000 30 Jun 20 ₹7,475 30 Jun 21 ₹14,977 30 Jun 22 ₹15,810 30 Jun 23 ₹20,521 30 Jun 24 ₹29,033 Returns for IDFC Sterling Value Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Jul 24 Duration Returns 1 Month 2.5% 3 Month 11.4% 6 Month 20.2% 1 Year 38.3% 3 Year 23.4% 5 Year 26.1% 10 Year 15 Year Since launch 17.9% 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 7.7 Yr. Ritika Behera 7 Oct 23 0.73 Yr. Data below for IDFC Sterling Value Fund as on 30 Jun 24
Equity Sector Allocation
Sector Value Financial Services 26.64% Consumer Cyclical 14.31% Industrials 10.99% Technology 8.51% Energy 7.5% Consumer Defensive 6.88% Basic Materials 6.86% Health Care 6.53% Utility 4.86% Communication Services 1.04% Real Estate 1% Asset Allocation
Asset Class Value Cash 3.9% Equity 96.1% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 22 | HDFCBANK5% ₹505 Cr 3,000,000
↑ 300,000 Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 21 | AXISBANK5% ₹443 Cr 3,500,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 22 | RELIANCE4% ₹438 Cr 1,400,000
↑ 125,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK4% ₹360 Cr 3,000,000 Jindal Steel & Power Ltd (Basic Materials)
Equity, Since 30 Apr 17 | JINDALSTEL3% ₹261 Cr 2,500,000 CG Power & Industrial Solutions Ltd (Industrials)
Equity, Since 31 Aug 15 | CGPOWER3% ₹247 Cr 3,500,000
↓ -100,000 Hero MotoCorp Ltd (Consumer Cyclical)
Equity, Since 31 Aug 22 | HEROMOTOCO2% ₹223 Cr 400,000 NTPC Ltd (Utilities)
Equity, Since 30 Jun 22 | NTPC2% ₹208 Cr 5,500,000 IndusInd Bank Ltd (Financial Services)
Equity, Since 30 Nov 22 | INDUSINDBK2% ₹205 Cr 1,400,000
↑ 300,000 Bosch Ltd (Consumer Cyclical)
Equity, Since 30 Jun 20 | BOSCHLTD2% ₹205 Cr 60,000 4. IDFC Large Cap Fund
CAGR/Annualized return of 11.7% 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 (23 Jul 24) ₹74.826 ↓ -0.11 (-0.15 %) Net Assets (Cr) ₹1,515 on 30 Jun 24 Category Equity - Large Cap AMC IDFC Asset Management Company Limited Rating ☆☆ Risk Moderately High Expense Ratio 2.26 Sharpe Ratio 1.94 Information Ratio -0.02 Alpha Ratio 1.38 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 30 Jun 19 ₹10,000 30 Jun 20 ₹9,148 30 Jun 21 ₹13,447 30 Jun 22 ₹13,340 30 Jun 23 ₹16,384 30 Jun 24 ₹22,186 Returns for IDFC Large Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Jul 24 Duration Returns 1 Month 4.4% 3 Month 11.8% 6 Month 20.3% 1 Year 35% 3 Year 18.1% 5 Year 18.8% 10 Year 15 Year Since launch 11.7% 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 7.34 Yr. Ritika Behera 7 Oct 23 0.73 Yr. Data below for IDFC Large Cap Fund as on 30 Jun 24
Equity Sector Allocation
Sector Value Financial Services 27.18% Consumer Defensive 13.15% Consumer Cyclical 12.74% Technology 12.64% Energy 9.9% Industrials 7.74% Basic Materials 5.2% Health Care 3.82% Communication Services 3.04% Real Estate 0.97% Asset Allocation
Asset Class Value Cash 3.61% Equity 96.39% Top Securities Holdings / Portfolio
Name Holding Value Quantity Reliance Industries Ltd (Energy)
Equity, Since 28 Feb 07 | RELIANCE10% ₹150 Cr 478,940 HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 07 | HDFCBANK9% ₹142 Cr 844,429
↑ 61,377 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK7% ₹105 Cr 879,061
↑ 41,058 Infosys Ltd (Technology)
Equity, Since 31 Aug 11 | INFY6% ₹87 Cr 552,338
↑ 63,236 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 18 | TCS5% ₹82 Cr 209,741
↑ 23,260 Grasim Industries Ltd (Basic Materials)
Equity, Since 30 Apr 23 | GRASIM3% ₹49 Cr 182,127
↑ 8,484 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Apr 24 | BHARTIARTL3% ₹46 Cr 318,963 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 30 Apr 24 | M&M3% ₹46 Cr 160,518
↓ -35,000 Mankind Pharma Ltd (Healthcare)
Equity, Since 31 May 23 | 5439043% ₹42 Cr 198,575
↑ 46,914 Varun Beverages Ltd (Consumer Defensive)
Equity, Since 31 Aug 23 | VBL3% ₹39 Cr 240,496 5. IDFC Focused Equity Fund
CAGR/Annualized return of 11.9% 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 (23 Jul 24) ₹78.655 ↓ -0.25 (-0.32 %) Net Assets (Cr) ₹1,641 on 30 Jun 24 Category Equity - Multi Cap AMC IDFC Asset Management Company Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.2 Sharpe Ratio 1.74 Information Ratio -0.53 Alpha Ratio -5.71 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 30 Jun 19 ₹10,000 30 Jun 20 ₹9,122 30 Jun 21 ₹13,365 30 Jun 22 ₹12,832 30 Jun 23 ₹15,906 30 Jun 24 ₹21,479 Returns for IDFC Focused Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Jul 24 Duration Returns 1 Month 0.3% 3 Month 8.4% 6 Month 15.6% 1 Year 32.1% 3 Year 16.2% 5 Year 18.1% 10 Year 15 Year Since launch 11.9% 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 7.7 Yr. Ritika Behera 7 Oct 23 0.73 Yr. Data below for IDFC Focused Equity Fund as on 30 Jun 24
Equity Sector Allocation
Sector Value Financial Services 31.29% Consumer Cyclical 20.75% Industrials 13.85% Technology 8.8% Energy 5.84% Real Estate 4.9% Health Care 4.82% Consumer Defensive 4.28% Asset Allocation
Asset Class Value Cash 5.47% Equity 94.53% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 19 | HDFCBANK9% ₹154 Cr 912,664
↓ -86,509 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK9% ₹146 Cr 1,220,178
↓ -9,483 Apar Industries Ltd (Industrials)
Equity, Since 31 Aug 23 | APARINDS6% ₹97 Cr 114,160
↑ 3,040 Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 23 | RELIANCE6% ₹96 Cr 305,924
↓ -12,232 Trent Ltd (Consumer Cyclical)
Equity, Since 30 Nov 22 | TRENT5% ₹83 Cr 151,842
↓ -5,779 Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 30 Jun 22 | CHOLAFIN5% ₹81 Cr 566,203
↓ -41,885 Phoenix Mills Ltd (Real Estate)
Equity, Since 30 Nov 22 | PHOENIXLTD5% ₹80 Cr 223,835 PB Fintech Ltd (Financial Services)
Equity, Since 29 Feb 24 | 5433903% ₹52 Cr 370,433 Angel One Ltd Ordinary Shares (Financial Services)
Equity, Since 31 May 24 | ANGELONE3% ₹51 Cr 194,767
↑ 20,287 Dixon Technologies (India) Ltd (Technology)
Equity, Since 31 May 24 | DIXON3% ₹50 Cr 41,933
↓ -8,242 6. IDFC Tax Advantage (ELSS) Fund
CAGR/Annualized return of 19.1% 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 (23 Jul 24) ₹152.649 ↑ 0.20 (0.13 %) Net Assets (Cr) ₹6,856 on 30 Jun 24 Category Equity - ELSS AMC IDFC Asset Management Company Limited Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 1.95 Sharpe Ratio 2.25 Information Ratio 0.09 Alpha Ratio 0.41 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 30 Jun 19 ₹10,000 30 Jun 20 ₹8,220 30 Jun 21 ₹15,067 30 Jun 22 ₹15,376 30 Jun 23 ₹19,621 30 Jun 24 ₹26,285 Returns for IDFC Tax Advantage (ELSS) Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Jul 24 Duration Returns 1 Month 3.1% 3 Month 9.8% 6 Month 17.1% 1 Year 32% 3 Year 20.2% 5 Year 23.4% 10 Year 15 Year Since launch 19.1% 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 7.7 Yr. Ritika Behera 7 Oct 23 0.73 Yr. Data below for IDFC Tax Advantage (ELSS) Fund as on 30 Jun 24
Equity Sector Allocation
Sector Value Financial Services 26.78% Consumer Cyclical 11.76% Industrials 10.81% Technology 9.32% Health Care 8.61% Basic Materials 8.17% Consumer Defensive 7.93% Energy 6.28% Communication Services 3.22% Utility 3.03% Real Estate 1.58% Asset Allocation
Asset Class Value Cash 2.5% Equity 97.5% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK6% ₹404 Cr 2,400,000
↑ 50,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | RELIANCE5% ₹360 Cr 1,150,000
↑ 50,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK5% ₹360 Cr 3,000,000 Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 21 | AXISBANK4% ₹291 Cr 2,300,000 Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY3% ₹219 Cr 1,400,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 20 | BHARTIARTL3% ₹173 Cr 1,200,000 Jindal Steel & Power Ltd (Basic Materials)
Equity, Since 31 Mar 18 | JINDALSTEL2% ₹157 Cr 1,500,000 NTPC Ltd (Utilities)
Equity, Since 30 Sep 22 | NTPC2% ₹151 Cr 4,000,000 CG Power & Industrial Solutions Ltd (Industrials)
Equity, Since 31 Aug 17 | CGPOWER2% ₹148 Cr 2,100,000
↓ -100,000 Cipla Ltd (Healthcare)
Equity, Since 30 Sep 20 | CIPLA2% ₹133 Cr 900,000
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.
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