HDFC Long Term Advantage Fund (Equity, Equity Tax Saving)

Moderately High
17 yrs 5 monthsStarted on:02 Jan 2001
₹ 1591.08 Cras on: 22 May 2018
Long Term Horizon
1.40%
Capital Appreciation

Minimum Investment

  • ₹ 500.00 for Lumpsum

Investment Objective

The schemes provides tax benefit under section (88) and there fore has a lock in period of 3 years. It is aimed at providing capital appreciation by investing predominantly in equity and equity related instruments.

Exit Load

Exit Load - Nil. This scheme qualifies for deduction u/s 80C of the Income-Tax Act, 1961(the "Act"), subject to the limits and conditions specified in Sec.80C read with Sec.80CCE of the Act. " Only those units which have completed the lock-in period would be reflected as available units to redeem".

Scheme Documents

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Tenure

TenureReturns (CAGR)
1 YR10.17
2 YR20.17
3 YR12.09

SIP Returns

TenureReturns (CAGR)
1 YR0.51
2 YR11.57
3 YR14.28
5 YR15.25
10 YR15.62

Portfolio

Company Name% Assets
HDFC Bank Ltd.9.29
Reliance Industries Ltd.7.99
ICICI Bank Ltd.5.89
Infosys Ltd.5.48
Larsen & Toubro Ltd.5.35
Housing Development Finance Corpn. Ltd.4.73
ITC Ltd.4.11
State Bank of India4.03
Vesuvius India Ltd.3.33
Blue Star Ltd.3.27

Top Sectoral Holdings

Sector Name% Assets
Financial27.43
Energy13.1
Technology8.75
Construction8.73
Metals6.96
Automobile5.86
FMCG5.67
Engineering5.1
Cons Durable4.01
Chemicals3.9

Indicators

LabelValue
Portfolio turnover ratio11.33
Standard Deviation14.67%
Beta1.02%
Sharpe Ratio0.67

Chirag Setalvad

Mr. Setalvad is a B. Sc and MBA from University of North Carolina.
Prior to joining HDFC AMC he has worked with New Vernon Advisory Services Ltd., HDFC AMC and ING Barings N.V.

Other Funds Managed by Chirag Setalvad

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