HDFC Tax Saver Fund

Equity · ELSS
 · ★★
500
Min SIP
500
Min Lumpsum
1.15 %
Expense Ratio
★★
Rating
10,178
Fund Size (in Cr)
10 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
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Scheme Performance

Returns and Ranks ( as on 01 June 2023 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 17.7% 28.8% 11.6% 13.3%
Category Average 13% 26.6% 12.5% -

Scheme Allocation

By Holding
By Sector
By Asset
ICICI Bank
9.65%
HDFC Bank
9.12%
Bharti Airtel
5.89%
St Bk of India
5.68%
Hind.Aeronautics
4.81%
Others
64.85%
Banks
29.19%
IT-Software
10.76%
Pharmaceuticals & Biotech
8.27%
Automobiles
6.64%
Telecom-Services
6.05%
Others
39.09%
Equity
95.4%
Reverse Repos
4.75%
Net Curr Ass/Net Receivables
-0.15%
Others
0%

Advance Ratio

0.45
Alpha
3.9
SD
0.85
Beta
0.57
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:
4,18,852 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

Frequently Asked Questions

How to invest in HDFC Tax Saver Fund ?

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

The NAV of HDFC Tax Saver Fund is ₹903.8 as of 01 June 2023.

How to redeem HDFC Tax Saver Fund 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 Tax Saver Fund?

The minimum SIP amount of HDFC Tax Saver Fund is ₹500

What are the top sectors HDFC Tax Saver Fund has invested in??

The top sectors HDFC Tax Saver Fund has invested in are
  1. ICICI Bank - 9.65%
  2. HDFC Bank - 9.12%
  3. Bharti Airtel - 5.89%
  4. St Bk of India - 5.68%
  5. Hind.Aeronautics - 4.81%

How much returns have HDFC Tax Saver Fund generated ?

The HDFC Tax Saver Fund has delivered 13.3% since inception

What is the expense ratio of HDFC Tax Saver Fund ?

The expense ratio of HDFC Tax Saver Fund is 1.15 % as of 01 June 2023.

What is the AUM of HDFC Tax Saver Fund?

The AUM of HDFC Tax Saver Fund is ₹4,18,852 Cr as of 01 June 2023

What are the top stock holdings of HDFC Tax Saver Fund?

The top stock holdings of HDFC Tax Saver Fund are
  1. ICICI Bank - 9.65%
  2. HDFC Bank - 9.12%
  3. Bharti Airtel - 5.89%
  4. St Bk of India - 5.68%
  5. Hind.Aeronautics - 4.81%
Invest Now