HDFC Long Term Advantage Fund (Equity, Tax Planning)

323.99
23.00%
3
Capital Appreciation
Long Term Horizon
Moderately High
2.35%
16 yrs 10 months02 Jan 2001
₹ 1452.96 Cr18 Oct 2017

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Minimum Investment

  • ₹ 500.00 for Lumpsum

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".

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.

Scheme Documents

TenureReturns (CAGR)
YTD
24.64
3 Month
1.44
1 YR
18.11
2 YR
17.53
3 YR
13.84
TenureReturns (CAGR)
1 YR
21.55
2 YR
22.67
3 YR
17.08
5 YR
18.37
10 YR
16.1

Portfolio

Company Name% Assets
Reliance Industries Ltd.7.09
HDFC Bank Ltd.6.84
ICICI Bank Ltd.6.28
Housing Development Finance Corpn. Ltd.4.8
Larsen & Toubro Ltd.4.78
Infosys Ltd.4.71
State Bank of India4.54
Bharat Petroleum Corpn. Ltd.4
Balkrishna Industries Ltd.3.99
Vesuvius India Ltd.3.83

Top Sectoral Holdings

Sector Name% Assets
Financial25.53
Energy13.27
Automobile12.01
Technology11.06
Construction8.61
Metals6.97
Engineering5.95
Cons Durable5.05
FMCG2.93
Chemicals2.19

Indicators

Portfolio turnover ratio2.78
Standard Deviation13.83%
Beta0.98%
Sharpe Ratio0.52

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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