Equity
Direct
Elss (Tax Savings)
NAV as on 06-12-2024
₹ 1469.86
▲0.5%
1D
Inception Returns
16.1%
/yr
HDFC ELSS TaxSaver Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Roshi Jain. The fund could potentially beat inflation in the long-run.
HDFC ELSS TaxSaver Fund Direct Growth has given a CAGR return of 16.15% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 30.72%, 23.76% and 22.41% respectively.
HDFC ELSS TaxSaver Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Health, Consumer Cyclical, Tech, Communication, Industrial, Government, Basic Materials, Real Estate, Utilities, Consumer Defensive, Energy. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Axis Bank Ltd, Cipla Ltd, Bharti Airtel Ltd
As it is a elss (tax savings) mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
To generate capital appreciation / income from a portfolio, comprising predominantly of equity & equity related instruments. There is no assurance that the investment objective of the Scheme will be realized.
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. There is a lock in period for HDFC ELSS TaxSaver Fund Direct Growth of 3 Years
Expense ratio | 1.09% |
Benchmark | S&P BSE 200 India TR INR |
AUM | ₹15935 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹500/₹500 |
Exit Load | 0% |
Lock In | 3 Years |
TurnOver | 34.54% |
STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (06-Dec-24)
as on (31-Oct-24)
Top 3 Sectors in October were Financial Services, Health & Consumer Cyclical
HDFC ELSS TaxSaver Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.37% | 1.37% |
6 Month Returns | 11.07% | 11.07% |
1 Year Returns | 30.72% | 30.72% |
3 Years Returns | 89.56% | 23.76% |
5 Years Returns | 174.85% | 22.41% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
HDFC ELSS TaxSaver Fund Direct Growth | 7.43 | 6.78 | 2.62 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
HDFC ELSS TaxSaver Fund Direct Growth | 0.84 | 0.86 | 0.94 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
HDFC ELSS TaxSaver Fund Direct Growth | 2.11 | 1.33 | 0.89 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
HDFC ELSS TaxSaver Fund Direct Growth | 10.83 | 12 | 18.37 |