HDFC Long Term Advantage Plan
Direct–Growth is the plan and option we treat as this fund's main page, so search engines are pointed there. Everything below is this filing's own data.
This scheme has not published a NAV since 14 Jan 2022 — 4.6 years ago. It has most likely matured, merged or been wound up, so every figure below is a record of what it did up to that date, not a current price. Do not read it as a fund you can buy today.
Fund basics
How it compares in its category
Against the ELSS (Tax Saving) Regular schemes with the highest three-year return. Same category, same plan — the only comparison that means anything. The list re-sorts itself as returns move; it is an ordering by one number, not a view on which fund anyone should hold.
| Scheme | Return | Alpha | Beta | Volatility | Sharpe | Max fall |
|---|---|---|---|---|---|---|
| SBI Long Term Advantage Fund - Series V SBI Mutual Fund | 21.6% | 3.9% | 0.94 | 16.2% | 0.93 | -35.8% |
| HSBC ELSS Tax saver Fund HSBC Mutual Fund | 17.2% | 4.8% | 0.99 | 15.2% | 0.70 | -19.3% |
| ITI ELSS Tax Saver Fund ITI Mutual Fund | 17.0% | -0.4% | 1.04 | 17.9% | 0.59 | -38.7% |
| JM ELSS - Tax Saver Fund JM Financial Mutual Fund | 16.5% | 2.2% | 1.01 | 20.3% | 0.49 | -69.0% |
| WhiteOak Capital ELSS Tax Saver Fund WhiteOak Capital Mutual Fund | 16.6% | 4.3% | 0.94 | 13.0% | 0.77 | -16.7% |
| BANK OF INDIA MID CAP TAX FUND SERIES 1 Bank of India Mutual Fund | 16.6% | 6.0% | 0.96 | 17.0% | 0.59 | -36.9% |
| Baroda BNP Paribas ELSS Tax Saver Fund Baroda BNP Paribas Mutual Fund | 16.0% | 2.0% | 0.94 | 13.8% | 0.69 | -17.8% |
| BANK OF INDIA MID CAP TAX FUND Series 2 Bank of India Mutual Fund | 15.9% | 4.2% | 0.99 | 17.1% | 0.55 | -34.2% |
Alpha and beta are against Nifty 500. Max fall is the deepest peak-to-trough drop in each fund's own history, so a longer-running fund has had more chances to record a bad one. Click a column to sort. This is a sort, not a ranking, and nothing here is a recommendation.
What a ELSS (Tax Saving) scheme is
At least 80% in equity, with every investment locked for three years.
The only mutual fund that cuts your tax bill — up to ₹1.5 lakh a year under Section 80C of the old regime. The three-year lock is per instalment, so a SIP started today frees up one instalment at a time.
Who it suits. Anybody using the old tax regime who would be investing in equity anyway.
How long money should stay. The 3-year lock is a floor, not a plan — treat it as 7 years.
Questions people ask
What is the NAV of HDFC Long Term Advantage Plan — —?
₹57.5150 as on 14 Jan 2022, from AMFI's daily NAV file. NAV is declared once each business day after markets close, so the figure here is the most recent one published.
What is the difference between the Direct and Regular plan of HDFC Long Term Advantage Plan?
They hold the identical portfolio, run by the same manager. A Regular plan pays a distributor commission out of the fund, inside its expense ratio — commonly 0.5% to 1.2% a year more than Direct. That difference is charged on the whole balance, every year, so it compounds: on ₹1,00,000 held ten years a gap of 1.5 percentage points is roughly ₹1.4 lakh of ending value. Direct is the same fund without the commission.
What does the option mean?
An IDCW option pays part of the fund's gains out to you, and the NAV falls by exactly what it pays. It is not extra return — it is your own money returned, taxed at your slab rate. That also means a return computed from NAV alone understates an IDCW scheme, which is why no CAGR is shown here for it.
What kind of scheme is this?
At least 80% in equity, with every investment locked for three years. The only mutual fund that cuts your tax bill — up to ₹1.5 lakh a year under Section 80C of the old regime. The three-year lock is per instalment, so a SIP started today frees up one instalment at a time.
How long should money stay in it?
Typically The 3-year lock is a floor, not a plan — treat it as 7 years. Anybody using the old tax regime who would be investing in equity anyway.