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1 star

HDFC Taxsaver Fund


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.44 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.24 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 33.57 -0.21 0.63 7.67 14.06 26.97 67.22 12.83 11.55 10.14 13.36
S&P BSE 500 TRI* 33.27 -0.10 1.09 8.02 13.05 25.25 71.90 19.57 16.51 14.49 15.80
Equity: ELSS* 32.38 -0.15 0.82 7.27 12.66 24.86 67.76 18.43 14.76 13.94 16.19
Rank within category* 16 22 23 14 13 9 20 32 31 28 27
Number of funds in category* 38 38 38 38 38 38 38 35 33 29 27

As on 24-Sep-2021

* As on 26-Sep-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
HDFC Taxsaver Fund  | Invest Online
1 star
Mar-96 67.22 12.83 11.55 1.84 9,166
Axis Long Term Equity Fund
4 star
Dec-09 74.90 22.06 18.20 1.54 33,871
DSP Tax Saver Fund  | Invest Online
4 star
Jan-07 79.00 22.62 16.41 1.76 9,675
Mirae Asset Tax Saver Fund - Regular Plan  | Invest Online
5 star
Dec-15 73.09 23.80 20.87 1.73 9,401
IDFC Tax Advantage (ELSS) Fund - Regular Plan
4 star
Dec-08 85.04 20.00 17.41 1.97 3,339

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 16.85 13-May-2009 - 20-May-2009 -17.83 11-Mar-2020 - 18-Mar-2020
Month 34.19 15-Dec-1999 - 14-Jan-2000 -37.86 20-Feb-2020 - 23-Mar-2020
Quarter 78.93 09-Mar-2009 - 10-Jun-2009 -39.75 02-Sep-2008 - 02-Dec-2008
Year 272.59 24-Feb-1999 - 24-Feb-2000 -55.57 03-Dec-2007 - 02-Dec-2008

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 11.49 22.68 0.33 0.38 0.97 -4.78
S&P BSE 500 TRI 16.64 22.81 0.55 0.63 -- --
Equity: ELSS 15.73 22.37 0.52 0.57 0.95 -0.32
Rank within category 31 23 33 32 22 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-Aug-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 62
Top 10 Stocks (%) 48.25
Top 5 Stocks (%) 35.46
Top 3 Sectors (%) 49.59
Portfolio P/B Ratio 3.87
Portfolio P/E Ratio 28.23

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,56,338 1,32,117
Giant (%) 54.36 51.44
Large (%) 19.70 15.94
Mid (%) 21.85 24.65
Small (%) 4.05 8.14
Tiny (%) 0.04 0.27

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
equal ICICI Bank Financial 25.04 9.93 7.12 9.24
down Infosys Technology 36.51 9.54 5.52 9.04
equal HDFC Bank Financial 27.01 10.03 6.36 8.76
equal Reliance Industries Energy 34.86 9.99 4.04 4.29
down Bharti Airtel Communication 358.28 4.37 0.00 4.13
equal Axis Bank Financial 28.96 3.48 0.00 3.29
equal Hindustan Unilever FMCG 78.62 3.01 0.00 2.81
equal State Bank of India Financial 15.73 7.93 2.14 2.52
equal Bharat Petroleum Corporation Energy 5.29 6.34 1.36 2.14
equal Larsen & Toubro Construction 19.94 6.64 1.85 2.03
down Persistent Systems Technology 56.01 2.31 0.11 2.00
equal HCL Technologies Technology 32.26 1.91 0.00 1.91
equal Cipla Healthcare 30.69 4.10 1.88 1.88
down L&T Technology Services Engineering 66.95 1.94 0.98 1.86
equal Tata Consumer Products FMCG 107.88 1.83 0.00 1.83
equal NTPC Energy 9.05 8.46 1.80 1.80
down Tata Steel Metals 7.36 3.21 1.01 1.76
down Ambuja Cements Construction 25.66 1.77 0.00 1.65
equal Crompton Greaves Consumer Electricals Consumer Durable 47.24 1.74 0.00 1.62
down Apollo Hospitals Healthcare 452.43 1.55 0.00 1.55
equal Torrent Pharmaceuticals Healthcare 41.60 1.36 0.00 1.32
equal Voltas Consumer Durable 71.89 1.72 0.00 1.28
up Timken India Engineering 66.87 1.23 0.00 1.23
equal Lupin Healthcare 25.45 1.66 0.00 1.16
equal Bharat Electronics Engineering 24.21 1.55 0.96 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-Aug-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:


-0.21%

Change from previous, NAV as on 24-Sep-2021

Growth: ₹ 731.6150

IDCW: ₹ 58.8070


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: 31-Mar-1996
Return Since Launch: 23.98%
Benchmark: NIFTY 500 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 9,166 Cr (As on 31-Aug-2021)
Expense: 1.84% (As on 31-Aug-2021)
Risk Grade: High
Return Grade: Low
Turnover: 40.92%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW10-Mar-20215.0000

 12-Mar-20205.0000
 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
 01-Mar-20126.0000
 03-Mar-20116.0000
 04-Mar-20106.0000
 05-Mar-20095.0000
 07-Mar-20088.0000
 07-Mar-20077.5000
 17-Mar-20067.5000
 17-Feb-20055.0000
 15-Mar-20042.0000
 27-Feb-20042.0000
 15-Jul-20032.0000
 15-Mar-20022.0000
 30-Mar-20011.6000
 03-Apr-200021.0000
 29-Nov-19995.0000
 06-Aug-19993.6000
Growth03-Apr-200021.0000

 29-Nov-19995.0000
 06-Aug-19993.6000
 05-Oct-19982.0000

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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