VR Logo

1 star

HDFC Taxsaver Fund - Direct Plan download report


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.34 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.62 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.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
HDFC Taxsaver Direct-G -6.27 0.84 2.24 -1.39 -3.79 -3.83 8.63 10.25 7.90 9.27 --
S&P BSE 500 TRI -10.22 1.07 2.50 -2.78 -8.71 -8.19 0.25 13.34 11.33 11.40 --
Equity: ELSS -11.29 1.03 2.63 -2.21 -8.46 -9.27 -0.09 13.17 10.65 11.09 --
Rank within category 1 32 30 4 1 1 2 27 28 24 --
Number of funds in category 36 36 36 36 36 36 36 34 32 28 1

As on 24-Jun-2022

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 8.63 10.25 7.90 1.22% 9,071
Mirae Asset Tax Saver Fund - Direct Plan  | Invest Online
5 star
Dec-15 -0.01 17.44 15.33 0.57% 11,805
DSP Tax Saver Fund - Direct Plan
4 star
Jan-13 -0.26 15.39 12.54 0.84% 9,504
Canara Robeco Equity Tax Saver Fund - Direct Plan  | Invest Online
4 star
Jan-13 -0.05 16.83 14.68 0.66% 3,602
IDFC Tax Advantage (ELSS) Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.66 16.97 13.26 0.77% 3,570

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
HDFC Taxsaver Direct-G 13.33 22.11 0.44 0.49 0.98 -2.70
S&P BSE 500 TRI 16.28 22.07 0.58 0.66 -- --
Equity: ELSS 15.94 21.57 0.57 0.62 0.95 0.34
Rank within category 27 22 29 26 23 29
Number of funds in category 34 34 34 34 34 34

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

As on 31-May-2022

Asset Allocation (%)

ajax-loader
Please wait...

Concentration & Valuation

Number of Stocks 35
Top 10 Stocks (%) 55.74
Top 5 Stocks (%) 35.18
Top 3 Sectors (%) 53.01
Portfolio P/B Ratio 2.76
Portfolio P/E Ratio 18.74

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,76,044 1,36,894
Giant (%) 54.72 53.53
Large (%) 33.94 17.41
Mid (%) 9.33 22.72
Small (%) 2.01 6.68
Tiny (%) 0.01 0.21

Value Research Fund Style

Sector Allocation vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal ICICI Bank Financial 19.77 10.23 7.14 9.71
equal HDFC Bank Financial 19.76 10.03 6.36 9.19
equal Bharti Airtel Communication 92.91 6.14 0.00 5.79
equal State Bank of India Financial 11.46 7.93 2.14 5.68
up Infosys Technology 27.44 9.55 3.75 4.81
equal NTPC Energy 8.75 8.46 1.79 4.30
equal Mahindra & Mahindra Automobile 20.26 4.22 0.00 4.22
equal Hindustan Aeronautics Capital Goods 11.83 4.05 0.00 4.05
up HCL Technologies Technology 19.43 4.02 0.00 4.02
up Dr. Reddy's Lab Healthcare 32.85 3.97 0.00 3.97
down Cipla Healthcare 29.92 4.10 1.74 3.83
equal SBI Life Insurance Company Insurance 71.64 3.24 0.00 3.24
down GAIL Energy 4.74 4.43 0.69 2.97
equal Axis Bank Financial 13.79 3.48 1.74 2.90
equal Larsen & Toubro Construction 24.24 6.64 1.85 2.74
equal Bajaj Auto Automobile 17.94 2.66 0.00 2.66
equal Bharat Petroleum Corporation Energy 5.72 6.34 1.66 2.63
equal SBI Cards & Payments Services Financial 44.36 2.34 0.00 2.22
down ACC Materials 23.22 3.30 0.00 2.03
equal Reliance Industries Energy 27.87 9.99 2.03 2.03
new Escorts Automobile 27.25 1.72 0.00 1.72
equal Torrent Pharmaceuticals Healthcare 62.67 1.56 0.00 1.56
down Ambuja Cements Materials 28.74 1.82 0.00 1.22
equal Lupin Healthcare -- 1.66 0.00 1.16
equal Persistent Systems Technology 36.27 2.31 0.11 1.13

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-May-2022

Fund Manager

— Roshi Jain since 13-Jan-2022

Education: Ms. Jain is a CFA, ACA and PGDM.

Experience: Prior to joining HDFC Asset Management Company Limited, she has worked with Franklin Templeton Investments, Goldman Sachs, London, Goldman Sachs, Singapore, Wipro Ltd. and S. R. Batliboi & Co.

Interviews:

Funds Managed:


0.84%

Change from previous, NAV as on 24-Jun-2022

Growth: ₹ 733.9320

IDCW: ₹ 62.0510


Investment Strategy

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

Investment Details

Min. Investment (₹) 500
Min. Addl Investment (₹) 500
Min. SIP Investment (₹) 500
Min. No of Cheques 6
Min. Withdrawal (₹) 500
Min. 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: 12.20%
Benchmark: NIFTY 500 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 9,071 Cr (As on 31-May-2022)
Expense: 1.22% (As on 31-May-2022)
Risk Grade: High
Return Grade: Below Average
Turnover: 55.61%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW10-Mar-20225.7500

 10-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: Ground Floor, Mafatlal House, H.T Parekh Marg 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

Upcoming Video

Investors' Hangout

How to manage investments in a gloomy market

DateFri, 01-Jul-2022
Time12:30 PM - 12:45 PM

attending You have reserved a spot