HDFC ELSS TaxSaver Fund

HDFC ELSS TaxSaver Fund

Equity

HDFC Mutual Fund

Elss (Tax Savings)

Get the latest NAV of HDFC ELSS TaxSaver Fund. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹1370.84

▲0.3%1D

NAV as on 23 Mar 2026

14.08%/per year

Since Inception

Absolute Gain%

▲▼

6294 people have invested ₹ 3Cr in HDFC ELSS TaxSaver Fund in the last three months

HDFC ELSS TaxSaver Fund Performance vs. Nifty 500

Fund returns vs Benchmark returns vs Category Average returns as on (23-Mar-26)

The fund has consistently outperformed the benchmark (Nifty 500) over the last 1Y, 3Y, 5Y time periods.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
-10.12%
-10.4%
-10.35%
1.35%
18.79%
18.02%
Nifty 500
-8.92%
-10.48%
-8.29%
0.55%
14.09%
11.49%
Elss (Tax Savings) Avg
-8.61%
-9.9%
-9.96%
0.56%
14.87%
12.8%
Best in Elss (Tax Savings)
-2.35%
-4.74%
-5.64%
6.64%
23.38%
18.91%
Worst in Elss (Tax Savings)
-10.24%
-13.22%
-16%
-5.35%
6.42%
8.34%
Category Rank
1/23
1/23
2/23
3/23
11/23
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HDFC ELSS TaxSaver Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

1
/23
72% Performance
88% Risk Management
15% Cost

Ranked 1 out of 23 mutual funds in the elss (tax savings) category as per INDmoney.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
HDFC ELSS TaxSaver Fund
1/23
16,618Cr
1.08%
1.35%
18.79%
5.37
0.83
1.34
2.63
1.26
SBI ELSS Tax Saver Fund
2/23
32,171Cr
0.92%
0.89%
21.57%
6.51
0.97
1.32
2.48
1.96
DSP ELSS Tax Saver Fund
3/23
17,250Cr
0.74%
1.31%
18.93%
3.82
0.97
1.14
2.09
1.19
Mirae Asset ELSS Tax Saver Fund
4/23
26,203Cr
0.59%
4.54%
16.53%
1.29
0.97
0.96
1.61
0.56
See all
Positive: Generated Consistent Returns
Generated Consistent Returns
Positive: Consistently beats benchmark
Consistently beats benchmark
Positive: Lower volatility within category
Lower volatility within category
Negative: No bad points found for this fund.
No bad points found for this fund.

HDFC ELSS TaxSaver Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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HDFC ELSS TaxSaver Fund Asset Allocation

See fund asset allocation details as on (14-Mar-26)

Fund Distribution

as on (14-Mar-26)

Large cap
82.3%
Small cap
8.3%
Mid cap
7.7%
Small Cap allocation has gone down from 9.1% to 8.3%
Small Cap allocation has gone down from 9.1% to 8.3%
Mid Cap allocation has gone up from 6.7% to 7.7%
Mid Cap allocation has gone up from 6.7% to 7.7%
Large Cap allocation has gone down from 83.1% to 82.3%
Large Cap allocation has gone down from 83.1% to 82.3%
Cash allocation has gone up from 0.8% to 1.4%
Cash allocation has gone up from 0.8% to 1.4%
Debt allocation has gone up from 0.3% to 0.3%
Debt allocation has gone up from 0.3% to 0.3%

HDFC ELSS TaxSaver Fund Sector Allocation

See fund sector allocation details as on (14-Mar-26)

Sector Allocation

Financial Services
44%
Consumer Cyclical
18.7%
Health
10.7%
Basic Materials
6.2%
Industrial
6.1%
Tech
5.5%
Communication
4.8%
Utilities
1.8%
Energy
1.2%
Consumer Defensive
0.8%

Top 3 Sectors in February were Financial Services, Government & Consumer Cyclical

Feb'26

Financial Services

45%

Consumer Cyclical

17%

Government

12%

Jan'26

Financial Services

45%

Government

25%

Consumer Cyclical

17%

HDFC ELSS TaxSaver Fund Holdings Details

as on (28-Feb-26)

Holdings
Weight%
1M Change
ICICI Bank Ltd
9.13%
0%
HDFC Bank Ltd
8.87%
0%
Axis Bank Ltd
7.38%
-15.9%
SBI Life Insurance Co Ltd
5.52%
0%
State Bank of India
5.06%
0%
See all
Top Stocks bought last month
State Bank of India's allocation increased from 4.5% to 5.06%
State Bank of India's allocation increased from 4.5% to 5.06%
Power Grid Corp Of India Ltd's allocation increased from 1.53% to 1.98%
Power Grid Corp Of India Ltd's allocation increased from 1.53% to 1.98%
ICICI Bank Ltd's allocation increased from 8.9% to 9.13%
ICICI Bank Ltd's allocation increased from 8.9% to 9.13%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 9.21 % to 8.87 %
HDFC Bank Ltd's allocation decreased from 9.21 % to 8.87 %
Axis Bank Ltd's allocation decreased from 8.63 % to 7.38 %
Axis Bank Ltd's allocation decreased from 8.63 % to 7.38 %
Kotak Mahindra Bank Ltd's allocation decreased from 4.49 % to 4.37 %
Kotak Mahindra Bank Ltd's allocation decreased from 4.49 % to 4.37 %

HDFC ELSS TaxSaver Fund Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio1.08%
Benchmark
Nifty 500 TR INR
AUM₹16618 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹500/₹500
Exit Load0%
Lock In3 Years
TurnOver
27.22%
Risk
Risk meter
pointer
Very High Risk

About HDFC ELSS TaxSaver Fund

HDFC ELSS TaxSaver Fund is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Dhruv Muchhal, Amar Kalkundrikar. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. HDFC ELSS TaxSaver Fund has ₹16618 Cr worth of assets under management (AUM) as on Mar 2026 and is more than category average.
  2. The fund has an expense ratio 1.1.

Returns

HDFC ELSS TaxSaver Fund has given a CAGR return of 14.08% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 1.35%, 18.79% and 18.02% respectively.

Holdings

HDFC ELSS TaxSaver Fund has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Government, Tech, Health, Industrial, Basic Materials, Communication, Energy, Consumer Defensive, Utilities. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Axis Bank Ltd, SBI Life Insurance Co Ltd, State Bank of India

Taxation

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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of HDFC ELSS TaxSaver Fund

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 and lockin period

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 of 3 Years

Fund Manager

Dhruv Muchhal

Fund Manager of HDFC ELSS TaxSaver Fund, since 22 June 2023

Amar Kalkundrikar

Fund Manager of HDFC ELSS TaxSaver Fund, since 8 December 2025

Learn more about HDFC Mutual Fund
Parameters
Feb'26
Jan'26
Dec'25
AUM
₹ 16.6K Cr
₹ 16.7K Cr
₹ 17.2K Cr
  • AUM of the fund stands at 16.6K Cr as of Feb'26
  • AUM decreased by 131.1 Cr between Feb'26 and Jan'26

Compare HDFC ELSS TaxSaver Fund

HDFC ELSS TaxSaver Fund

VS

Axis ELSS Tax Saver Fund

Frequently Asked Questions for HDFC ELSS TaxSaver Fund

How do I invest in HDFC ELSS TaxSaver Fund?

INDmoney makes it simple to invest in the HDFC ELSS TaxSaver Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘HDFC ELSS TaxSaver Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of HDFC ELSS TaxSaver Fund?

The NAV of the fund today is ₹1370.84. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

HDFC ELSS TaxSaver Fund fund has generated a return of 1.35% in 1 year, 18.79% in 3 years, 18.02% in 5 years.

Who is the fund manager of HDFC ELSS TaxSaver Fund?

The fund managers are Dhruv Muchhal, Amar Kalkundrikar.

What is the expense ratio of the fund?

The expense ratio is 1.08%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹16618 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of HDFC ELSS TaxSaver Fund?

The top 3 holdings of the fund are ICICI Bank Ltd(9.13%), HDFC Bank Ltd(8.87%), Axis Bank Ltd(7.38%)