|Hind.Aeronautics||Capital Goods-Non Electrical Equipment||Equity||5.18%|
|NTPC||Power Generation & Distribution||Equity||5.08%|
|St Bk of India||Banks||Equity||4.97%|
|HCL Technologies||IT - Software||Equity||4.78%|
|M & M||Automobile||Equity||4.47%|
|Infosys||IT - Software||Equity||4.45%|
|SBI Life Insuran||Insurance||Equity||4.12%|
|Dr Reddy's Labs||Pharmaceuticals||Equity||2.98%|
|O N G C||Crude Oil & Natural Gas||Equity||2.55%|
|B P C L||Refineries||Equity||2.2%|
|Larsen & Toubro||Infrastructure Developers & Operators||Equity||1.68%|
|Bank of Baroda||Banks||Equity||1.53%|
|Coforge||IT - Software||Equity||1.52%|
|Tech Mahindra||IT - Software||Equity||1.52%|
|GAIL (India)||Gas Distribution||Equity||0.92%|
|Team Lease Serv.||Miscellaneous||Equity||0.72%|
|Multi Comm. Exc.||Miscellaneous||Equity||0.59%|
|ZF Commercial||Auto Ancillaries||Equity||0.24%|
|Bharti Airtel PP||Telecomm-Service||Equity||0.16%|
|Pharmaceuticals & Biotech||9.46%|
|Aerospace & Defense||5.26%|
|Commercial Services & Sup||0.7%|
|Cash & Others||0.25%|
HDFC Mutual Fund’s HDFC Tax Saver- Direct Growth is an ELSS mutual fund programme. This fund was established on January 1, 2013, and its current managers are Ms Roshi Jain and Ms Priya Ranjan. The fund is invested in domestic equities to the tune of 95.99%, with 70.7% allocated to Large Cap stocks, 7.75% to Mid Cap stocks, and 3.79% to Small Cap stocks.
Last year, investors in HDFC Taxsaver-Growth had gains of 10.03%. It has had an annualised rate of return of 23.06% ever since its inception. Most of the portfolio’s value is spread throughout the banking, energy, IT, auto, and healthcare industries. To a lesser extent than its competitors, it has invested in the Financial and Energy industries.
The scheme’s investment objective is to generate capital appreciation as well as income through a portfolio that is mostly equities and equity-related securities.
Pros & Cons
|It beats FD returns for 3 years and 5 years.||5 year and 10 year annualised returns are lower than the category average.|
|Low expense ratio.||3 year lock-in period.|
How to invest in HDFC tax saver fund?
Using 5paisa, investing in the HDFC tax saver fund is a breeze. As a result of the process streamlining, no documentation is necessary at this time. To get started, follow these simple steps:
Step 1: Log in to your 5Paisa Account. In case you do not have one, click the link to register and create a new 5Paisa account in 3 easy steps. Alternatively, you can also download the 5Paisa app on your smartphone for Android or IOS and log in from your device.
Step 2: Search for the HDFC Mutual Fund scheme that you wish to invest in
Step 3: Select the suitable option as per your specific requirement and risk appetite
Step 4: Select the investment type from SIP (Systematic Investment Plan) or Lumpsum investment
Step 5: Put the amount that you’d like to invest and proceed with the payment option by clicking on the ‘Invest Now’ button
This completes the investment process on the 5Paisa platform. Once your payment is successfully debited, you can see the HDFC Mutual Fund reflected in your 5Paisa account In approximately 3-4 working days. If you selected the SIP option, the amount chosen will get deducted every month starting from the date you made the initial payment.
What is the expense ratio of the HDFC tax saver fund?
The Expense Ratio is the annualised percentage of your investment that the mutual fund manager will charge for management fees. The cost ratio is calculated as a percentage of the fund’s AUM and affects fund returns by that amount. A fund with a lower cost ratio is preferred since a smaller amount of your earnings will be consumed by fees.
Who should invest in the HDFC tax saver fund?
Investors who are interested in putting their money to work for at least 3 years and who, in addition to greater return expectations, want to reduce their taxable income as much as possible can invest in the HDFC tax saver fund. The lock-in period of ELSS funds results in a disciplined, long-term investing by default.
In this manner, investors are able to reap the long-term benefits of compounding. However, these investors need to be prepared not only for the prospect of suffering modest losses in their investments but also for the fact that they will be locked in for 3 years.
What are the benefits of investing in the HDFC tax saver fund?
The HDFC tax saver fund has the advantages of both reducing one’s tax burden and increasing one’s wealth. It comes with a lock-in term of 3 years, while other tax-saving solutions need a minimum of 5 years.
It affords individuals and HUFs a deduction from gross total income for investments in Equity-Linked Savings Schemes of up to ₹1.5 lakhs following section 80C of the Income Tax Act of 1961. As a result, this ELSS fund offers better returns with the shortest lock-in time possible.
Roshi Jain - Fund Manager
Ms Jain holds many degrees, including CFA, ACA and PGDM. Before joining HDFC AMC, she worked with several other fund houses, including Goldman Sachs, Franklin Templeton Investments, Singapore, Wipro Ltd. and S. R. Batliboi & Co. She manages 5 schemes in total with an AUM of ₹10,242 Cr
- Fund Name
- Fund Size
- 3Y Returns
- Franklin India Taxshield – Direct Growth
19.5%Fund Size - 5,246
29.4%Fund Size - 5,246
14.6%Fund Size - 5,246
- Nippon India Tax Saver (ELSS) Fund – Dir Growth
16.4%Fund Size - 12,543
28.6%Fund Size - 12,543
11.4%Fund Size - 12,543
- Kotak Tax Saver Fund – Direct Growth
16.9%Fund Size - 4,088
26.7%Fund Size - 4,088
17.3%Fund Size - 4,088
- Sundaram Tax Savings Fund – Direct Growth
13.3%Fund Size - 1,084
25.7%Fund Size - 1,084
13.8%Fund Size - 1,084
- ICICI Pru Long Term Equity Fund – Direct Growth
14.5%Fund Size - 11,227
25%Fund Size - 11,227
13.7%Fund Size - 11,227
AMC Contact Details
Frequently Asked Questions
How to invest in HDFC Tax Saver Fund – Direct Growth ?
- Login to your 5paisa account, Go to the Mutual Funds section.
- Search for HDFC Tax Saver Fund – Direct Growth in the search box.
- Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"
What is the NAV of HDFC Tax Saver Fund – Direct Growth ?
How to redeem HDFC Tax Saver Fund – Direct Growth holding ?
What is the minimum sip amount of HDFC Tax Saver Fund – Direct Growth?
What are the top sectors HDFC Tax Saver Fund – Direct Growth has invested in?
- Banks - 28.64%
- IT-Software - 11.1%
- Pharmaceuticals & Biotech - 9.46%
- Automobiles - 6.14%
- Telecom-Services - 6.08%
Can I make investments in both the SIP and Lump Sum schemes of HDFC Tax Saver Fund – Direct Growth?
How much returns have HDFC Tax Saver Fund – Direct Growth generated ?
What is the expense ratio of HDFC Tax Saver Fund – Direct Growth ?
What is the AUM of HDFC Tax Saver Fund – Direct Growth?
What are the top stock holdings of HDFC Tax Saver Fund – Direct Growth?
How can I redeem my investments in HDFC Tax Saver Fund – Direct Growth?
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select HDFC Tax Saver Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.