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1 star

HDFC Taxsaver Fund


Equity: ELSS

1 Lakh

Investment declined to
₹ 0.96 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.74 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 -1.26 1.12 0.60 11.47 8.03 26.55 -1.29 -1.49 5.83 10.90 7.43
S&P BSE 500 TRI 11.20 1.14 0.95 13.05 14.85 36.08 11.81 7.57 11.52 13.81 9.60
Equity: ELSS 9.51 1.06 0.98 12.05 13.74 32.68 10.03 4.97 9.73 14.34 10.24
Rank within category 37 16 28 23 38 36 37 33 29 29 26
Number of funds in category 38 38 38 38 38 38 38 34 30 29 27

As on 01-Dec-2020

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 -1.29 -1.49 5.83 2.03 6,649
Axis Long Term Equity Fund
4 star
Dec-09 14.16 11.53 12.96 1.71 22,632
Aditya Birla Sun Life Tax Relief 96  | Invest Online
4 star
Mar-96 7.51 4.36 10.01 1.89 11,158
DSP Tax Saver Fund  | Invest Online
4 star
Jan-07 8.81 6.52 11.58 1.83 6,325
Mirae Asset Tax Saver Fund - Regular Plan  | Invest Online
5 star
Dec-15 15.82 10.54 -- 1.84 4,463

Best & Worst Performance

Best (Period) Worst (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 0.27 22.27 -0.21 -0.25 0.97 -8.78
S&P BSE 500 TRI 9.20 22.53 0.19 0.22 -- --
Equity: ELSS 6.69 22.13 0.09 0.09 0.95 -2.32
Rank within category 33 20 33 33 21 33
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 30-Nov-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 59
Top 10 Stocks (%) 54.91
Top 5 Stocks (%) 39.97
Top 3 Sectors (%) 58.67
Portfolio P/B Ratio 2.23
Portfolio P/E Ratio 19.48

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,35,547 99,352
Giant (%) 59.99 51.33
Large (%) 19.63 15.47
Mid (%) 16.06 24.79
Small (%) 4.33 8.39
Tiny (%) 0.00 0.16

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 HDFC Bank Financial 26.70 9.71 6.36 9.71
up Infosys Technology 27.13 9.28 3.37 9.28
equal Reliance Industries Energy 32.40 9.99 4.44 9.10
equal ICICI Bank Financial 24.05 9.93 6.33 7.93
equal Cipla Healthcare 33.11 4.10 2.08 3.95
up Bharti Airtel Communication -- 3.91 0.00 3.91
down NTPC Energy 14.82 8.46 2.92 2.92
new Hindustan Unilever FMCG 71.48 2.87 0.00 2.87
down BPCL Energy 19.46 6.34 1.36 2.69
down ITC FMCG 17.45 4.99 0.00 2.55
up Axis Bank Financial 52.04 3.10 0.00 2.32
down State Bank of India Financial 9.43 8.03 2.28 2.28
down Larsen & Toubro Construction 13.78 6.64 2.04 2.04
equal Oracle Fin Ser Software Technology 16.24 2.57 1.52 1.97
up Maruti Suzuki India Automobile 52.80 1.92 0.00 1.92
up HCL Technologies Technology 18.57 1.88 0.00 1.88
equal Vedanta Metals -- 3.80 0.00 1.56
up Ambuja Cements Construction 23.38 1.48 0.00 1.48
equal Lupin Healthcare -- 1.66 0.00 1.48
equal Aurobindo Pharma Healthcare 16.73 1.52 0.39 1.32
equal Bharat Electronics Engineering 15.80 3.38 1.07 1.27
equal L&T Technology Services Engineering 26.84 1.27 0.00 1.25
up Kotak Mahindra Bank Financial 41.00 1.19 0.00 1.19
equal Power Grid Corporation Energy 10.70 2.61 0.00 1.11
up Endurance Technologies Automobile 42.98 1.06 0.00 1.06

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-2020

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 Invesco Mutual Fund, he has worked with DBS Cholamandalam AMC Pvt. Ltd. and Fidelity.

Funds Managed:


1.12%

Change from previous, NAV as on 01-Dec-2020

Growth: ₹ 511.3860

Dividend: ₹ 45.3620


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
Exit Load 0

Basic Details

Fund House: HDFC Mutual Fund
Launch Date: 31-Mar-1996
Return Since Launch: 23.06%
Benchmark: NIFTY 500 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 6,649 Cr (As on 31-Oct-2020)
Expense: 2.03% (As on 31-Oct-2020)
Risk Grade: High
Return Grade: Below Average
Turnover: 28.32%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend12-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
 05-Oct-19982.0000
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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