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1 star

HDFC Taxsaver Fund - Direct Plan


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.52 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.26 Lakh

Suitability:

"When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. In addition, there is a tax benefit. Under Section 80C of the Indian income tax laws, investments of up to Rs 1.5 lakh in a financial year in eligible securities such as this fund are exempt from tax.

But be prepared for ups and downs in your investment value along the way. Also note that you cannot withdraw your money from this fund before completing three years from the date of investment.

Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other ELSS, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 33.24 -2.87 -3.33 -3.55 6.75 18.57 44.68 14.90 12.97 9.54 --
S&P BSE 500 TRI 29.06 -2.96 -3.93 -5.18 4.30 13.54 39.43 19.53 17.66 13.02 --
Equity: ELSS 30.39 -2.90 -4.02 -4.73 4.63 14.33 40.72 19.73 17.11 13.46 --
Rank within category 11 13 5 9 6 4 8 29 32 28 --
Number of funds in category 38 38 38 38 38 38 38 35 34 29 1

As on 26-Nov-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
HDFC Taxsaver Fund - Direct Plan  | Invest Online
1 star
Jan-13 44.68 14.90 12.97 1.25% 9,449
Axis Long Term Equity Fund - Direct Plan
4 star
Jan-13 34.72 22.21 20.05 0.74% 34,235
Mirae Asset Tax Saver Fund - Direct Plan  | Invest Online
5 star
Dec-15 43.35 25.22 23.24 0.43% 10,146
DSP Tax Saver Fund - Direct Plan  | Invest Online
4 star
Jan-13 44.28 22.70 17.98 0.81% 9,805
IDFC Tax Advantage (ELSS) Fund - Direct Plan
4 star
Jan-13 57.07 22.20 20.40 0.74% 3,518

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 10.75 24-Mar-2020 - 31-Mar-2020 -17.82 11-Mar-2020 - 18-Mar-2020
Month 24.04 07-May-2014 - 06-Jun-2014 -37.83 20-Feb-2020 - 23-Mar-2020
Quarter 36.59 13-Mar-2014 - 12-Jun-2014 -38.88 23-Dec-2019 - 23-Mar-2020
Year 86.87 23-Mar-2020 - 23-Mar-2021 -38.99 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 16.85 22.17 0.59 0.63 0.99 -5.13
S&P BSE 500 TRI 22.08 21.79 0.84 0.93 -- --
Equity: ELSS 22.05 21.37 0.85 0.90 0.95 0.85
Rank within category 33 26 33 32 27 33
Number of funds in category 35 35 35 35 35 35

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Oct-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 60
Top 10 Stocks (%) 48.08
Top 5 Stocks (%) 35.70
Top 3 Sectors (%) 49.36
Portfolio P/B Ratio 4.09
Portfolio P/E Ratio 28.75

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,61,732 1,36,970
Giant (%) 54.61 53.06
Large (%) 21.41 14.68
Mid (%) 19.53 25.08
Small (%) 4.44 7.34
Tiny (%) 0.01 0.21

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up ICICI Bank Financial 23.61 10.23 7.14 10.23
up HDFC Bank Financial 24.13 10.03 6.36 8.66
equal Infosys Technology 34.03 9.54 5.52 8.40
down Reliance Industries Energy 31.22 9.99 4.04 4.57
down Bharti Airtel Communication 143.20 4.37 0.00 3.84
equal Axis Bank Financial 20.29 3.48 1.74 3.01
equal State Bank of India Financial 14.65 7.93 2.14 2.88
equal Hindustan Unilever FMCG 65.30 3.01 0.00 2.39
equal Larsen & Toubro Construction 28.52 6.64 1.85 2.08
equal L&T Technology Services Engineering 66.90 2.02 0.98 2.02
down Persistent Systems Technology 52.29 2.31 0.11 2.02
down NTPC Energy 9.31 8.46 1.80 1.90
equal Bharat Petroleum Corporation Energy 4.56 6.34 1.59 1.84
equal HCL Technologies Technology 26.06 2.03 0.00 1.79
equal Cipla Healthcare 30.12 4.10 1.74 1.74
equal Tata Consumer Products FMCG 97.47 1.83 0.00 1.66
equal Tata Steel Metals 4.36 3.04 1.01 1.55
equal Crompton Greaves Consumer Electricals Consumer Durable 41.94 1.74 0.00 1.55
equal Ambuja Cements Construction 22.95 1.77 0.00 1.54
equal Tata Motors Automobile -- 1.52 0.42 1.52
equal Voltas Consumer Durable 64.98 1.72 0.00 1.50
equal United Spirits FMCG 76.43 1.37 0.00 1.37
equal Apollo Hospitals Healthcare 78.32 1.55 0.00 1.29
equal Timken India Engineering 62.96 1.29 0.00 1.29
equal Titan Company Consumer Durable 116.40 1.24 0.00 1.24

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Oct-2021

Fund Manager

— Amit Ganatra since 24-Aug-2020

Education: Mr. Ganatra holds a Commerce degree and is a Charted Accountant. He is also a Chartered Financial Analyst from AIMR.

Experience: Prior to joining HDFC Mutual Fund, he has worked with Invesco Mutual Fund,DBS Cholamandalam AMC Pvt. Ltd. and Fidelity.

Funds Managed:


-2.87%

Change from previous, NAV as on 26-Nov-2021

Growth: ₹ 766.8600

IDCW: ₹ 70.7850


Investment Strategy

The scheme seeks to generate capital appreciation / income from a portfolio, comprising predominantly of equity & equity related instruments.

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 1
Lock-in Period 3 Years
Exit Load 0

Basic Details

Fund House: HDFC Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 13.59%
Benchmark: NIFTY 500 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 9,449 Cr (As on 31-Oct-2021)
Expense: 1.25% (As on 31-Oct-2021)
Risk Grade: High
Return Grade: Below Average
Turnover: 23.58%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW10-Mar-20213.7500

 12-Mar-20202.3720
 14-Mar-20196.0000
 15-Mar-20187.0000
 16-Mar-20176.5000
 10-Mar-20166.0000
 12-Mar-20157.0000
 13-Mar-20146.0000
 14-Mar-20136.0000

Contact Information

AMC: HDFC Asset Management Company Ltd

Address: "HDFC House"-2nd Floor, H.T. Parekh Marg - 165-166, Backbay Reclamation, Churchgate Mumbai - 400020

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 022-22821144

Website: http://www.hdfcfund.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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