3 Year return
24.46%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Very High Risk
Asset Under Management
₹15934.95 Cr.
Expense Ratio
1.09% (inclusive of GST)
Exit Load
Nil
Tax Implications
Withdrawal after 3 years:
12.5% tax on gains above ₹1.25 lakh per financial year
Fund Holdings
HDFC Mutual Fund Managers
RJ
Roshi Jain
Fund Manager since Nov 2006
Fund House Details
HDFC Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
Motilal Oswal ELSS Tax Saver Fund |
30.45% |
2.5 |
Bank of India ELSS Tax Saver |
22.66% |
3 |
Quant ELSS Tax Saver Fund |
21.52% |
3.5 |
Schemes by HDFC Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Arbitrage Fund
HDFC Arbitrage Fund Wholesale Growth Direct Plan
Hybrid . Arbitrage Fund
HDFC Arbitrage Fund Growth Direct Plan
Hybrid . Arbitrage Fund
HDFC Arbitrage Fund Wholesale IDCW Direct Plan Payout
Hybrid . Arbitrage Fund
HDFC Arbitrage Fund Quarterly IDCW Direct Plan Reinvestment
Hybrid . Arbitrage Fund
HDFC Arbitrage Fund Wholesale Monthly IDCW Direct Plan Payout
About HDFC Tax Saver Growth Direct Plan
HDFC Tax Saver Growth Direct Plan is an equity scheme by HDFC Mutual Fund. The scheme primarily invests in equities and equity-linked instruments. This fund falls under the ELSS category. The fund invests across market capitalisations and usually adheres to a growth-oriented style of investing. Tax deductions and wealth building over time are two advantages of investing in ELSS mutual funds. It is an open-ended fund, meaning the investor gets an opportunity to buy or sell the fund units at any time.
Investment Objective of The Scheme
HDFC Tax Saver Growth Direct Plan is a scheme which aims to provide income or capital growth from a portfolio that is mostly made up of equities and equity-related securities. This ELSS mutual fund would require you to have your assets locked in for three years starting on the investment date when you cannot redeem your holdings.
Key Features of The Fund
5-year return | 22.68% |
Expense Ratio | 1.09% |
Fund Manager | Roshi Jain |
Fund Size | ₹15934.95 Cr |
Risk Profile | Very High |
Is This Scheme Right for Me?
HDFC Tax Saver Growth Direct Plan could be an option for you to consider, given you have a very high-risk tolerance and are looking for a regular source of income via investments. However, note that this scheme has a suggested investment horizon of three years or more, to ensure that you can predict your returns better and can also minimise the downside risk associated.
AMC Contact Details
Name | HDFC Mutual Fund |
Launch Date | July 2000 |
Addresss | "HDFC House", 2nd Floor, H. T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai - 400020 |
Contact | 1800 3010 67671800 419 7676 |
hello@hdfcfund.com | |
Website | https://www.hdfcfund.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
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FAQs
What is today's NAV of HDFC ELSS Tax Saver Fund?
What is the AUM of HDFC ELSS Tax Saver Fund?
What is the expense ratio of HDFC ELSS Tax Saver Fund?
What are the returns of HDFC ELSS Tax Saver Fund since inception?
What is the minimum SIP amount to invest in HDFC ELSS Tax Saver Fund?
How do I invest in HDFC ELSS Tax Saver Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in HDFC ELSS Tax Saver Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in HDFC ELSS Tax Saver Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in HDFC ELSS Tax Saver Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.