HDFC TaxSaver -Direct Plan - Growth Option
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Equity
Direct
Elss (Tax Savings)
NAV: ₹ 860.5 as on 03-02-2023
Fund Performance
1664 people have invested ₹ 1.9Cr in mutual fund in the last three months
Fund Insights
In the last 1 year, this fund has outperformed all funds in its category
In the last 3 years, Quant Tax Plan Growth Option Direct Plan has given 37.91% return, outperforming this fund by 19.35% per annum
In the last 5 years, Quant Tax Plan Growth Option Direct Plan has given 21.51% return, outperforming this fund by 12.41% per annum
INDmoney Rank
Powered by IND quant engine
14
/23
48% Performance
38% Risk Management
25% Cost
14 out of 23 among elss (tax savings)
Pros
Beats FD returns for both 3Y & 5Y
Cons
5Y returns in the bottom 25% of the category
Fund Performance as on (19-Jan-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 ₹860.467 as on 03-02-2023.
2) HDFC TaxSaver -Direct Plan - Growth Option has ₹9993 Cr worth of assets under management (AUM) as on 31-12-2022 and is more than category average.
3) The fund has an expense ratio 1.19 %.
Fund Overview
Expense ratio | 1.19% |
Benchmark | S&P BSE 200 India TR INR |
AUM | ₹9993 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹500/₹500 |
Exit Load | 0% |
Lock In | 3 Years |
TurnOver | 49.3% |
Fund Distribution as on (31-Dec-22)
Size breakup
Large cap
87.6%
Mid cap
6.6%
Small cap
1.8%
Sector Allocation
Financial Services
39.5%
Industrial
12.5%
Tech
11.5%
Health
8.9%
Consumer Cyclical
7.7%
Utilities
7.1%
Communication
6.5%
Energy
4.6%
Real Estate
1.7%
Top Holdings as on (31-Dec-22)
Equity Holdings35
Debt Holdings3
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
HDFC Bank Ltd | 9.78% | 0% | |
ICICI Bank Ltd | 9.54% | -2.7% | |
State Bank of India | 6.14% | -7.4% | |
Bharti Airtel Ltd | 6.05% | 0% | |
Hindustan Aeronautics Ltd Ordinary Shares | 5.07% | 0% |
See all
What changed
in last one month
AUM decreased by 361.1 Cr in last 1M
Dec'22 return underperformed benchmark
Change in AUM
Dec'22
₹ 10K Cr
Nov'22
₹ 10.4K Cr
Oct'22
₹ 10.1K Cr
Fund Returns vs Benchmark
Jan'23
5.13%
5.37%
Dec'22
3.72%
2.63%
Nov'22
5.13%
5.37%
Fund Return
Benchmark Return
Concentration Analysis as on (31-Dec-22)
Winners & Losers as on (31-Dec-22)
Top Growth Drivers | 1M Return |
|---|---|
Bank of Baroda | 8.1% |
Axis Bank Ltd | 3.3% |
GAIL (India) Ltd | 2.6% |
Top Losers | 1M Return |
|---|---|
Infosys Ltd | -9% |
Hindustan Aeronautics Ltd | -8.1% |
ICICI Bank Ltd | -5.2% |
Peer Analysis
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
AMC details
Fund House
HDFC Asset Management Company Limited
Total Schemes
Total AUM
₹4.66L Cr
as on 31-Dec-2022
Address
HDFC Asset Management Company Limited,“HUL House”, 2nd Floor,,H.T. Parekh Marg,165-166, Backbay Reclamation,,Churchgate,
Phone
+912266316333
Email
cliser@hdfcfund.com
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 13.2% since inception which is more than its category average return of 12.94%
Fund Allocations
This fund has an allocation of 95.99% in Equity, 0% in Debt and 4.01% in Cash related instruments
AUM size ₹9993 Cr
This fund has AUM of ₹9993 Cr which is more than its category average of ₹ 2677 Cr
Expense Ratio 1.19%
This fund has an expense ratio of 1.19% 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 860.47 as on 03-Feb-2023.
Existing (Absolute + CAGR)
HDFC TaxSaver -Direct Plan - Growth Option | Absolute Returns | CAGR Returns |
1 Month Returns | -1.85% | -1.85% |
6 Month Returns | 6.41% | 6.41% |
1 Year Returns | 9.23% | 9.23% |
3 Years Returns | 66.65% | 18.56% |
5 Years Returns | 54.58% | 9.1% |
With INDmoney, the process of investing is very simple and involves zero commission.
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- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
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1.19 as on January 2023
9993 Cr as on January 2023
HDFC Bank Ltd(9.78%),ICICI Bank Ltd(9.54%),State Bank of India(6.14%),Bharti Airtel Ltd(6.05%),Hindustan Aeronautics Ltd Ordinary Shares(5.07%) as on January 2023
Financial Services(37.89%),Industrial(12.01%),Tech(11.03%) as on January 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 | 7.65 | 1.6 | -1.59 |
As on January 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 | 0.86 | 0.95 | 0.95 |
As on January 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 | 0.37 | 0.65 | 0.25 |
As on January 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 | 14.73 | 22.18 | 19.38 |
As on January 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 0.91 as on January 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.26 as on January 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.