HDFC TaxSaver -Direct Plan - Growth Option
Equity
Direct
Elss (Tax Savings)
NAV: ₹ 842.7 as on 22-03-2023
Fund Performance
1695 people have invested ₹ 2.1Cr in mutual fund in the last three months
Fund Insights
In the last 1 year, HDFC TaxSaver -Direct Plan - Growth Option has outperformed all funds in its category
In the last 3 years, Quant Tax Plan Growth Option Direct Plan has given 50.66% return, outperforming HDFC TaxSaver -Direct Plan - Growth Option by 19.65% per annum
In the last 5 years, Quant Tax Plan Growth Option Direct Plan has given 22.36% return, outperforming HDFC TaxSaver -Direct Plan - Growth Option by 12.08% per annum
Over the last 3 months, HDFC TaxSaver -Direct Plan - Growth Option has decreased expense ratio by 7.3% moving from 1.24 to 1.15
HDFC TaxSaver -Direct Plan - Growth Option expense ratio is slightly on the lower side within the category (elss (tax savings)). Its expense ratio is 1.15% which is lower than the category average expense ratio of 1.42%
INDmoney Rank
Powered by IND quant engine
11
/23
57% Performance
44% Risk Management
32% Cost
11 out of 23 among elss (tax savings)
Pros
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y
Cons
5Y returns in the bottom 25% of the category
HDFC TaxSaver -Direct Plan - Growth Option Performance as on (22-Mar-23)
About the Fund
HDFC TaxSaver -Direct Plan - Growth Option is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Roshi Jain, Priya Ranjan. The fund could potentially beat inflation in the long-run.
Key parameters
1) HDFC TaxSaver -Direct Plan - Growth Option has a NAV of ₹842.689 as on 22-03-2023.
2) HDFC TaxSaver -Direct Plan - Growth Option has ₹9723 Cr worth of assets under management (AUM) as on 31-01-2023 and is more than category average.
3) The fund has an expense ratio 1.15 %.
HDFC TaxSaver -Direct Plan - Growth Option Overview
 | 1.15% |
 Benchmark | S&P BSE 200 India TR INR |
 | ₹9723 Cr |
 | 1 January, 2013 |
 | ₹500/₹500 |
 | 0% |
 | 3 Years |
 TurnOver | 49.3% |
Fund Distribution as on (28-Feb-23)
Size breakup
Large cap
86.1%
Mid cap
6.6%
Small cap
2.1%
Sector Allocation
Financial Services
37.4%
Tech
12.9%
Industrial
11%
Health
9.8%
Consumer Cyclical
8.5%
Utilities
7.7%
Communication
6.2%
Energy
5%
Real Estate
1.6%
Top Holdings of HDFC TaxSaver -Direct Plan - Growth Option as on (28-Feb-23)
Equity Holdings35
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
 ICICI Bank Ltd | 9.41% | 0% | |
 HDFC Bank Ltd | 9.38% | 0% | |
 Bharti Airtel Ltd | 5.73% | 0% | |
 Infosys Ltd | 5.51% | 0% | |
 State Bank of India | 5.38% | 0% |
See all
HDFC TaxSaver -Direct Plan - Growth Option: Monthly Changes Updates
All changes are between Dec'22 and Feb'23
Fund Performance
- This fund’s returns stands at -1.61% whereas the fund’s underlying benchmark Nifty 500 returns stands at -2.22% as on Feb'23
- This fund outperformed Nifty 500 by 0.60% in Feb'23
AUM Change
- AUM of the fund stands at 9.7K Cr as of Feb'23
- AUM decreased by 135.5 Cr between Feb'23 and Jan'23
Fund Portfolio Changes
Top Stocks bought last month
Infosys Ltd's allocation increased from 4.98% to 5.6%
Mahindra & Mahindra Ltd's allocation increased from 4.63% to 5.17%
HCL Technologies Ltd's allocation increased from 4.58% to 5.01%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 9.78 % to 9.27 %
ICICI Bank Ltd's allocation decreased from 9.54 % to 9.03 %
Bharti Airtel Ltd's allocation decreased from 6.05 % to 5.86 %
Mid Cap allocation has gone up from 6.5% to 6.6%
Large Cap allocation has gone down from 87.3% to 86.1%
Small Cap allocation has gone up from 1.5% to 2.1%
Cash allocation has gone up from 4.7% to 5.2%
Top 3 Sectors in February were Financial Services, Tech & Industrial
Feb'23
Financial Services
37%
Tech
13%
Industrial
11%
Jan'23
Financial Services
38%
Tech
13%
Industrial
12%
Gainers & Losers in HDFC TaxSaver -Direct Plan - Growth Option portfolio as on (28-Feb-23)
Top Growth Drivers | 1M Return |
|---|---|
ZF Commercial Vehicle Control System India Ltd | 13.4% |
 Hindustan Aeronautics Ltd | 8.9% |
 GAIL (India) Ltd | 6.9% |
Top Losers | 1M Return |
|---|---|
 Cipla Ltd | -12.2% |
 Mahindra & Mahindra Ltd | -6.1% |
 HCL Technologies Ltd | -4.8% |
Peer Analysis
HDFC TaxSaver -Direct Plan - Growth Option Fund Manager
Roshi Jain
Fund Manager of HDFC TaxSaver -Direct Plan - Growth Option, since 13 January 2022
Top funds managed
Priya Ranjan
Fund Manager of HDFC TaxSaver -Direct Plan - Growth Option, since 1 May 2022
Top funds managed
Fund Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 12.79% since inception which is more than its category average return of 12.27%
Fund Allocations
This fund has an allocation of 94.83% in Equity, 0% in Debt and 5.17% in Cash related instruments
AUM size ₹9723 Cr
This fund has AUM of ₹9723 Cr which is more than its category average of ₹ 2556 Cr
Expense Ratio 1.15%
This fund has an expense ratio of 1.15% which is less than its category average expense ratio of 1.57%
Frequently Asked Questions
The current NAV of HDFC TaxSaver -Direct Plan - Growth Option is 835.99 as on 15-Mar-2023.
Existing (Absolute + CAGR)
HDFC TaxSaver -Direct Plan - Growth Option | Absolute Returns | CAGR Returns |
1 Month Returns | -3.64% | -3.64% |
6 Month Returns | -2.02% | -2.02% |
1 Year Returns | 11.97% | 11.97% |
3 Years Returns | 95.59% | 25.06% |
5 Years Returns | 57.45% | 9.5% |
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1.17 as on February 2023
9723 Cr as on February 2023
ICICI Bank Ltd(9.41%),HDFC Bank Ltd(9.38%),Bharti Airtel Ltd(5.73%),Infosys Ltd(5.51%),State Bank of India(5.38%) as on February 2023
Financial Services(35.44%),Tech(12.19%),Industrial(10.45%) as on February 2023
The alpha ratio for the HDFC TaxSaver -Direct Plan - Growth Option for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
HDFC TaxSaver -Direct Plan - Growth Option | 9.78 | 2.81 | -1.04 |
As on February 2023
The alpha for HDFC TaxSaver -Direct Plan - Growth Option is calculated against S&P BSE 200 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the HDFC TaxSaver -Direct Plan - Growth Option for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
HDFC TaxSaver -Direct Plan - Growth Option | 0.82 | 0.93 | 0.94 |
As on February 2023
The Beta for HDFC TaxSaver -Direct Plan - Growth Option is calculated with S&P BSE 200 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the HDFC TaxSaver -Direct Plan - Growth Option for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
HDFC TaxSaver -Direct Plan - Growth Option | 0.62 | 0.76 | 0.3 |
As on February 2023
The sharpe ratio for HDFC TaxSaver -Direct Plan - Growth Option is calculated with S&P BSE 200 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the HDFC TaxSaver -Direct Plan - Growth Option for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
HDFC TaxSaver -Direct Plan - Growth Option | 13.66 | 21.53 | 19.18 |
As on February 2023
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.09 as on February 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.54 as on February 2023. It tells the consistency of the fund in generating superior risk-adjusted performance
Roshi Jain,Priya Ranjan are the fund managers of HDFC TaxSaver -Direct Plan - Growth Option
The Exit load of HDFC TaxSaver -Direct Plan - Growth Option is 0%
Mutual Fund execution provided by
Technology facilitation Services provided by Finzoom Investment Advisors Pvt. Ltd. - Advisory unit. SEBI Registered Investment Advisor: INA100012190 | BASL Registration No. 1154 | BSE StarMF Platform code: 24801
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.