HDFC ELSS TaxSaver -Direct Plan Reinvestment of Income Distribution cum Capital Withdrawal option
Equity
Direct
Elss (Tax Savings)
NAV: ₹ 90.15 as on 16-04-2024
Fund Performance
About the HDFC ELSS TaxSaver -Direct Plan Reinvestment of Income Distribution cum Capital Withdrawal option
HDFC ELSS TaxSaver -Direct Plan Reinvestment of Income Distribution cum Capital Withdrawal option 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.
Key Parameters
- HDFC ELSS TaxSaver -Direct Plan Reinvestment of Income Distribution cum Capital Withdrawal option has ₹13990 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 1.1.
HDFC ELSS TaxSaver -Direct Plan Reinvestment of Income Distribution cum Capital Withdrawal option Overview
 | 1.14% |
 Benchmark | S&P BSE 200 India TR INR |
 | ₹13990 Cr |
 | 1 January, 2013 |
 | --/-- |
 | 0% |
 | 3 Years |
 TurnOver | 22.05% |
HDFC ELSS TaxSaver -Direct Plan Reinvestment of Income Distribution cum Capital Withdrawal option Distribution as on (31-Mar-24)
Size breakup
Large cap
81.4%
Mid cap
7.1%
Small cap
3.5%
Sector Allocation
Financial Services
43.4%
Health
14.1%
Industrial
10.1%
Tech
9%
Consumer Cyclical
8.8%
Communication
5.7%
Utilities
4%
Real Estate
2.4%
Energy
1.7%
Basic Materials
0.8%
Top Holdings of HDFC ELSS TaxSaver -Direct Plan Reinvestment of Income Distribution cum Capital Withdrawal option as on (31-Mar-24)
Equity Holdings40
Debt Holdings1
HDFC ELSS TaxSaver -Direct Plan Reinvestment of Income Distribution cum Capital Withdrawal option: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at -6.13% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund underperformed Nifty 500 by 5.66% in Mar'24
AUM Change
- AUM of the fund stands at 13.8K Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in HDFC ELSS TaxSaver -Direct Plan Reinvestment of Income Distribution cum Capital Withdrawal option portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Hindustan Aeronautics Ltd | 19.7% |
 Maruti Suzuki India Ltd | 7.7% |
 Bharti Airtel Ltd | 4.9% |
Top Losers | 1M Return |
|---|---|
 Infosys Ltd | -7.9% |
 HCL Technologies Ltd | -6.7% |
 Axis Bank Ltd | -0.6% |
Peer Analysis
HDFC ELSS TaxSaver -Direct Plan Reinvestment of Income Distribution cum Capital Withdrawal option Fund Manager
Roshi Jain
Fund Manager of HDFC ELSS TaxSaver -Direct Plan Reinvestment of Income Distribution cum Capital Withdrawal option, since 13 January 2022
Top funds managed
HDFC ELSS TaxSaver -Direct Plan Reinvestment of Income Distribution cum Capital Withdrawal option 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 14.51% since inception which is less than its category average return of 15.54%
Fund Allocations
This fund has an allocation of 92.67% in Equity, 0.36% in Debt and 6.97% in Cash related instruments
AUM size ₹13990 Cr
This fund has AUM of ₹13990 Cr which is more than its category average of ₹ 3525 Cr
Expense Ratio 1.14%
This fund has an expense ratio of 1.14% which is less than its category average expense ratio of 1.48%
Frequently Asked Questions
The current NAV of HDFC ELSS TaxSaver -Direct Plan Reinvestment of Income Distribution cum Capital Withdrawal option is ₹90.15 as on 16-Apr-2024.
Existing (Absolute + CAGR) as on 16-Apr-2024.
HDFC ELSS TaxSaver -Direct Plan Reinvestment of Income Distribution cum Capital Withdrawal option | Absolute Returns | CAGR Returns |
1 Month Returns | 1.75% | 1.75% |
6 Month Returns | 13.17% | 13.17% |
1 Year Returns | 33.68% | 33.68% |
3 Years Returns | 90.3% | 23.92% |
5 Years Returns | 108.13% | 15.79% |
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1.14% as on March 2024
₹13990 Cr as on March 2024
ICICI Bank Ltd(9.77%), HDFC Bank Ltd(9.47%), Axis Bank Ltd(6.14%), Hindustan Aeronautics Ltd Ordinary Shares(5.71%), Cipla Ltd(5.56%) as on March 2024
Financial Services(40.19%), Health(13.03%), Industrial(9.36%) as on March 2024
The alpha ratio for the HDFC ELSS TaxSaver -Direct Plan Reinvestment of Income Distribution cum Capital Withdrawal option for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
HDFC ELSS TaxSaver -Direct Plan Reinvestment of Income Distribution cum Capital Withdrawal option | -4.49 | 5.02 | -0.74 |
As on March 2024
The alpha for HDFC ELSS TaxSaver -Direct Plan Reinvestment of Income Distribution cum Capital Withdrawal 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 ELSS TaxSaver -Direct Plan Reinvestment of Income Distribution cum Capital Withdrawal option for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
HDFC ELSS TaxSaver -Direct Plan Reinvestment of Income Distribution cum Capital Withdrawal option | 1.05 | 0.88 | 0.97 |
As on March 2024
The Beta for HDFC ELSS TaxSaver -Direct Plan Reinvestment of Income Distribution cum Capital Withdrawal 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 ELSS TaxSaver -Direct Plan Reinvestment of Income Distribution cum Capital Withdrawal option for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
HDFC ELSS TaxSaver -Direct Plan Reinvestment of Income Distribution cum Capital Withdrawal option | 1.85 | 1.32 | 0.61 |
As on March 2024
The sharpe ratio for HDFC ELSS TaxSaver -Direct Plan Reinvestment of Income Distribution cum Capital Withdrawal 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 ELSS TaxSaver -Direct Plan Reinvestment of Income Distribution cum Capital Withdrawal option for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
HDFC ELSS TaxSaver -Direct Plan Reinvestment of Income Distribution cum Capital Withdrawal option | 13.64 | 12.7 | 19.12 |
As on March 2024
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 2.56 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.75 as on March 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Roshi Jain is the fund manager of HDFC ELSS TaxSaver -Direct Plan Reinvestment of Income Distribution cum Capital Withdrawal option
The Exit load of HDFC ELSS TaxSaver -Direct Plan Reinvestment of Income Distribution cum Capital Withdrawal option is 0%