Overview
HDFC ELSS Tax Saver Fund Direct Plan Growth
HDFC Mutual Fund
The scheme seeks to generate capital appreciation / income from a portfolio, comprising predominantly of equity & equity related instruments.
Investments in HDFC ELSS Tax Saver Fund Direct Plan Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 1463.515
Fund Size (AUM)
₹15555.71 Cr
Risk
Very High (Risk rating: 6/10)
Minimum Investment
Lumpsum: ₹ 500
SIP: ₹500
Launch Date
01-Jan-2013
Expense Ratio
1.11%
Exit Load
Nil
Benchmark
NIFTY 500 Total Return Index
Standard Deviation
12.47
History
Performance & Ratios
1-Year SIP Return
5.09%
3-Year SIP Return
22.87%
5-Year SIP Return
24.06%
Mean Return
6.89%
Alpha
7.99
Beta
0.83
Sharpe Ratio
1.16
Sortino Ratio
2.25
Information Ratio
1.86
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 17.21% | 22.66% | 29.62% | 12.03% |
| Category Average | 8.98% | 15.47% | 24.59% | N/A |
| Rank Within Category | 4 | 3 | 4 | N/A |
Holdings (57)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 10.4% |
| HDFC Bank Ltd. | Financial | Equity | 10.11% |
| Axis Bank Ltd. | Financial | Equity | 9.21% |
| Cipla Ltd. | Healthcare | Equity | 5.01% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 4.89% |
| SBI Life Insurance Company Ltd. | Insurance | Equity | 4.48% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 4.07% |
| Bharti Airtel Ltd. | Communication | Equity | 3.9% |
| HCL Technologies Ltd. | Technology | Equity | 3.43% |
| JSW Steel Ltd. | Metals & Mining | Equity | 2.05% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| SBI Long Term Equity Fund Direct Plan Growth | 27730.33 | 10.73 | 23.93 | 0.95 | N/A |
| Motilal Oswal ELSS Tax Saver Fund Direct Growth | 3816.77 | 12.31 | 23.88 | 0.7 | N/A |
| HDFC ELSS Tax Saver Fund Direct Plan Growth | 15555.71 | 17.21 | 22.66 | 1.11 | N/A |
| Parag Parikh ELSS Tax Saver Fund Direct Growth | 4905.72 | 16.5 | 18.89 | 0.63 | N/A |
| Quantum ELSS Tax Saver Fund Direct Growth | 209.18 | 13.07 | 18.26 | 0.89 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 500
Multiplier: 500
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 500
Min Installments: 6
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 100
Min Installments: 6
AMC Details
Asset Management Company
HDFC Mutual Fund
HDFC Mutual Fund started their mutual fund on 30/06/2000 and its managing total assets of ₹2,70,046 Cr. Its ranked at 2 as per total assets at end of 30th Sep 2017. HDFC Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
It is the largest asset management company (AMC) in the country (as per average assets under management as on 31 December 2018 of Rs. 339,178 Crores
Launched on the 10th of December, 1999, HDFC Asset Management Company Ltd. is among the most popular fund houses in India. The company offers an extensive range of mutual funds and is home to some of the most trustworthy fund managers who ensure that your hard-earned money is invested in the right schemes. Whether you seek growth funds, income funds, or even retirement funds, HDFC AMC Ltd. has it all.
HDFC Mutual Fund has left no stone unturned to cater to investors from all walks of life. Be it any financial goal – long-term, short-term, retirement, tax-saving and so on – HDFC has that plan for you.
Launch Date
1999-12-10T00:00:00.263Z
Total AUM
₹ 762037.7 Cr
Address
"HDFC House", 2nd Floor, H. T. Parekh Marg, 165-166, BackbayReclamation, Churchgate Mumbai 400020
Phone
022 – 66316333
Website
Sub Type
Contra
Sub Type Info
Contra funds follow Contrarian strategy which means investing in stocks in contrast to the prevailing sentiment. Minimum investment in equity is 65%.
Tax Impact
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
Compare with Another Fund
HDFC ELSS Tax Saver Fund Direct Plan Growth
HDFC Mutual Fund
You May Be Interested In
Motilal Oswal Large and Midcap Fund Direct Growth
Large & MidCap
ICICI Prudential BHARAT 22 FOF Direct Growth
Large Cap
HDFC Focused 30 Fund Direct Growth
Flexi Cap
Parag Parikh ELSS Tax Saver Fund Direct Growth
ELSS
SBI Healthcare Opportunities Fund Direct Plan Growth
Sectoral
ICICI Prudential Value Discovery Direct Growth
Value Oriented
Motilal Oswal ELSS Tax Saver Fund Direct Growth
ELSS
Franklin Build India Fund Direct Growth
Sectoral
ICICI Prudential Large & Mid Cap Fund Direct Plan Growth
Large & MidCap
HDFC Retirement Savings Fund Equity Plan Direct Growth
Flexi Cap
Explore More Mutual Funds
Debt Mutual Funds - Best Debt Fund Options
Discover top debt mutual funds for stable returns. Filter by NAV, fund size, and AMC to find the best debt funds for you.
Hybrid Mutual Funds - Top Hybrid Funds
Find top hybrid mutual funds for balanced growth. Filter by NAV, fund size, and risk to choose the best hybrid funds.
Commodities Mutual Funds
Explore commodities mutual funds for diversification. Filter by NAV and fund size to find the best commodity funds.
ELSS Mutual Funds - Top Tax-Saving Funds
Discover top ELSS mutual funds for tax savings and growth. Filter by NAV, fund size, and AMC to find the best ELSS funds.
Frequently Asked Questions
How is the overall rating calculated?
The overall rating for HDFC ELSS Tax Saver Fund Direct Plan Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of HDFC ELSS Tax Saver Fund Direct Plan Growth?
The top stocks held by HDFC ELSS Tax Saver Fund Direct Plan Growth include ICICI Bank Ltd., HDFC Bank Ltd., Axis Bank Ltd..
Which industries does HDFC ELSS Tax Saver Fund Direct Plan Growth invest in?
HDFC ELSS Tax Saver Fund Direct Plan Growth primarily invests in the following industries: Financial, Healthcare, Insurance.
Who are the fund managers of HDFC ELSS Tax Saver Fund Direct Plan Growth?
The fund managers of HDFC ELSS Tax Saver Fund Direct Plan Growth are Roshi Jain and Dhruv Muchhal.
How many years has the fund manager been managing HDFC ELSS Tax Saver Fund Direct Plan Growth?
Roshi Jain:
Calculating...
Dhruv Muchhal:
Calculating...
What is the minimum investment for HDFC ELSS Tax Saver Fund Direct Plan Growth?
The minimum investment for HDFC ELSS Tax Saver Fund Direct Plan Growth is ₹500 for lumpsum investments and ₹500 for SIPs.
What are the average 1-year returns for HDFC ELSS Tax Saver Fund Direct Plan Growth?
Calculating...
What are the average 3-year returns for HDFC ELSS Tax Saver Fund Direct Plan Growth?
Calculating...
What is the expense ratio of HDFC ELSS Tax Saver Fund Direct Plan Growth, and how does it compare to its category?
The expense ratio of HDFC ELSS Tax Saver Fund Direct Plan Growth is 1.11%. The average expense ratio for similar funds in the Equity is Calculating....