HDFC ELSS Tax Saver Fund – Direct Growth

Equity · ELSS
 · ★★★★
₹ 500
Min SIP
₹ 500
Min Lumpsum
1.09 %
Expense Ratio
★★★★
Rating
15,674
Fund Size (in Cr)
12 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 23 July 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 47.4% 27.3% 22.2% 16.5%
Category Average 36.9% 19.9% 21.2% -

Scheme Allocation

By Holding
By Sector
By Asset
9.99%
9.87%
8.07%
5.1%
Others
62.09%
View all Holdings
Holdings Sector Instrument Asset
HDFC Bank Banks Equity 9.99%
ICICI Bank Banks Equity 9.87%
Axis Bank Banks Equity 8.07%
Cipla Pharmaceuticals Equity 5.1%
Bharti Airtel Telecomm-Service Equity 4.88%
HCL Technologies IT - Software Equity 4.66%
SBI Life Insuran Insurance Equity 4.09%
Kotak Mah. Bank Banks Equity 4.02%
Infosys IT - Software Equity 3.7%
St Bk of India Banks Equity 3.2%
Apollo Hospitals Healthcare Equity 2.57%
Hind.Aeronautics Aerospace & Defence Equity 2.35%
Maruti Suzuki Automobile Equity 2.3%
Prestige Estates Realty Equity 2.29%
Dr Reddy's Labs Pharmaceuticals Equity 1.84%
Tech Mahindra IT - Software Equity 1.55%
Power Grid Corpn Power Generation & Distribution Equity 1.48%
M & M Automobile Equity 1.46%
Bajaj Auto Automobile Equity 1.39%
Escorts Kubota Automobile Equity 1.32%
Larsen & Toubro Infrastructure Developers & Operators Equity 1.02%
Metropolis Healt Healthcare Equity 1.01%
Dr Lal Pathlabs Healthcare Equity 1.01%
Shoppers Stop Retail Equity 0.96%
Crompton Gr. Con Consumer Durables Equity 0.91%
United Spirits Alcoholic Beverages Equity 0.9%
Star Health Insu Insurance Equity 0.89%
Bajaj Electrical Consumer Durables Equity 0.88%
Lupin Pharmaceuticals Equity 0.83%
O N G C Crude Oil & Natural Gas Equity 0.79%
Tata Steel Steel Equity 0.78%
Federal Bank Banks Equity 0.78%
Popular Vehicles Trading Equity 0.64%
Cyient IT - Software Equity 0.64%
Eicher Motors Automobile Equity 0.63%
Team Lease Serv. Miscellaneous Equity 0.57%
Karur Vysya Bank Banks Equity 0.53%
Coforge IT - Software Equity 0.52%
NTPC Power Generation & Distribution Equity 0.48%
Zee Entertainmen Entertainment Equity 0.39%
Bharti Airtel PP Telecomm-Service Equity 0.26%
Delhivery Logistics Equity 0.26%
Reliance Industr Refineries Equity 0.2%
ZF Commercial Auto Ancillaries Equity 0.17%
Blue Dart Expres Logistics Equity 0%
Banks
35.2%
IT-Software
9.2%
Debt
8.83%
Pharmaceuticals & Biotech
7.93%
Automobiles
6.09%
Others
32.75%
View all Sectors
Sectors Asset
Banks 35.2%
IT-Software 9.2%
Debt 8.83%
Pharmaceuticals & Biotech 7.93%
Automobiles 6.09%
Telecom-Services 5.19%
Healthcare Services 5.17%
Aerospace & Defense 4.05%
Insurance 4.04%
Power 2.89%
Realty 2.27%
Agricultural, Commercial 1.29%
Oil 1.25%
Construction 1.12%
Retailing 0.99%
Consumer Durables 0.93%
Ferrous Metals 0.79%
IT-Services 0.65%
Commercial Services & Sup 0.59%
Beverages 0.42%
Entertainment 0.4%
Transport Services 0.26%
Auto Components 0.2%
Petroleum Products 0.19%
Cash & Others 0.06%
Equity
92.19%
Reverse Repos
7.61%
Govt Securities / Sovereign
0.32%
Net Curr Ass/Net Receivables
-0.11%

Advance Ratio

7.63
Alpha
3.37
SD
0.86
Beta
1.57
Sharpe

Exit Load

Exit Load Nil

Fund Objective

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

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.

Fund Managers

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

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

HDFC Mutual Fund
AUM:
6,76,798 Cr
Address:
HDFC House, 2nd Flr, H.T.Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai - 400 020.
Contact:
022 - 6631 6333
Email ID:
cliser@hdfcfund.com

More Funds from HDFC Mutual Fund

Fund Name

Mutual Funds By Category

Equity

Debt

Hybrid

equity
Large Cap Mutual Funds Large Cap Mutual Funds
Large Cap
Fund Name
Mid Cap Mutual Funds Mid Cap Mutual Funds
Mid Cap
Fund Name
Small Cap Mutual Funds Small Cap Mutual Funds
Small Cap
Fund Name
Multi Cap Funds Multi Cap Funds
Multi Cap
Fund Name
ELSS Mutual Funds ELSS Mutual Funds
ELSS
Fund Name
Dividend Yield Funds Dividend Yield Funds
Dividend Yield
Fund Name
Sectoral / Thematic Mutual Funds Sectoral / Thematic Mutual Funds
Sectoral / Thematic
Fund Name
Focused Funds Focused Funds
Focused
Fund Name
debt
Ultra Short Duration Funds Ultra Short Duration Funds
Ultra Short Duration
Fund Name
Liquid Mutual Funds Liquid Mutual Funds
Liquid
Fund Name
Gilt Mutual Funds Gilt Mutual Funds
Gilt
Fund Name
Long Duration Funds Long Duration Funds
Long Duration
Fund Name
Overnight Mutual Funds Overnight Mutual Funds
Overnight
Fund Name
Floater Mutual Funds Floater Mutual Funds
Floater
Fund Name
hybrid
Arbitrage Mutual Funds Arbitrage Mutual Funds
Arbitrage
Fund Name
Equity Savings Mutual Funds Equity Savings Mutual Funds
Equity Savings
Fund Name
Aggressive Hybrid Mutual Funds Aggressive Hybrid Mutual Funds
Aggressive Hybrid
Fund Name

Frequently Asked Questions

How to invest in HDFC ELSS Tax Saver Fund – Direct Growth ?

You can invest in HDFC ELSS Tax Saver Fund – Direct Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for HDFC ELSS 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 ELSS Tax Saver Fund – Direct Growth ?

The NAV of HDFC ELSS Tax Saver Fund – Direct Growth is ₹1,433.3 as of 23 July 2024.

How to redeem HDFC ELSS Tax Saver Fund – Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of HDFC ELSS Tax Saver Fund – Direct Growth?

The minimum SIP amount of HDFC ELSS Tax Saver Fund – Direct Growth is ₹500

What are the top sectors HDFC ELSS Tax Saver Fund – Direct Growth has invested in?

The top sectors HDFC ELSS Tax Saver Fund – Direct Growth has invested in are
  1. Banks - 35.2%
  2. IT-Software - 9.2%
  3. Debt - 8.83%
  4. Pharmaceuticals & Biotech - 7.93%
  5. Automobiles - 6.09%

Can I make investments in both the SIP and Lump Sum schemes of HDFC ELSS Tax Saver Fund – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of HDFC ELSS Tax Saver Fund – Direct Growth based on your investment objective and risk tolerance.

How much returns have HDFC ELSS Tax Saver Fund – Direct Growth generated ?

The HDFC ELSS Tax Saver Fund – Direct Growth has delivered 16.5% since inception

What is the expense ratio of HDFC ELSS Tax Saver Fund – Direct Growth ?

The expense ratio of HDFC ELSS Tax Saver Fund – Direct Growth is 1.09 % as of 23 July 2024.

What is the AUM of HDFC ELSS Tax Saver Fund – Direct Growth?

The AUM of HDFC ELSS Tax Saver Fund – Direct Growth is ₹6,76,798 Cr as of 23 July 2024

What are the top stock holdings of HDFC ELSS Tax Saver Fund – Direct Growth?

The top stock holdings of HDFC ELSS Tax Saver Fund – Direct Growth are
  1. HDFC Bank - 9.99%
  2. ICICI Bank - 9.87%
  3. Axis Bank - 8.07%
  4. Cipla - 5.1%
  5. Bharti Airtel - 4.88%

How can I redeem my investments in HDFC ELSS Tax Saver Fund – Direct Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select HDFC ELSS Tax Saver Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.
Invest Now
Start Investing Now!

Open Free Demat Account in 5 mins

Please enter mobile number