HDFC ELSS Tax Saver Direct Plan Growth

Equity
ELSS
Very High Risk
3Y Lock In
26.66%
3Y annualised
+0.75% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 01 Dec 2023₹1,091.28
Min. SIP amount₹500
Rating3
Fund size₹11,271.61Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns21.1%26.7%16.4%14.6%
Category average16.9%19.9%15.6%NA
Rank with in category7317NA
Understand terms

Holdings (37)

NameSectorInstrumentAssets
FinancialEquity9.2%
FinancialEquity9.1%
EnergyEquity5.4%
CommunicationEquity5.3%
TechnologyEquity5.2%
FinancialEquity5.0%
HealthcareEquity5.0%
Capital GoodsEquity4.8%
InsuranceEquity4.4%
TechnologyEquity3.6%
See All

Pros and cons

Category: Equity ELSS

Pros

Cons

Exit load is zero
10Y annualised returns lower than category average by 0.24%
Lower expense ratio: 1.16%
Lock-in period: 3Y
Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Higher alpha: 6.82 The fund has generated returns higher than benchmark - NIFTY 500 Total Return Index - in the last 3Y

Expense ratio, exit load and tax

Expense ratio: 1.16%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

Fund management

Roshi Jain
Jan 2022 - Present
View details

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.
Also manages these schemes

Dhruv Muchhal
Jun 2023 - Present
View details

Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
"HDFC House", 2nd Floor,H. T. Parekh Marg, 165-166, BackbayReclamation, Churchgate Mumbai 400020
Phone
NA
Launch Date
10 Dec 1999
E-mail
NA
HDFC Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

Compare funds

HDFC ELSS Tax Saver Direct Plan Growth
VS
Add mutual fund to compare
Loading...
ⓒ 2016-2023 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 4.5.1
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  GROWWMF |  SBI |  AXIS |  HDFC |  UTI |  NIPPON INDIA |  ICICI PRUDENTIAL |  TATA |  KOTAK MAHINDRA |  DSP |  CANARA ROBECO |  SUNDARAM |  MIRAE ASSET |  BANDHAN |  FRANKLIN TEMPLETON |  PPFAS |  MOTILAL OSWAL |  INVESCO |  EDELWEISS |  ADITYA BIRLA SUN LIFE |  LIC |  HSBC |  NAVI |  QUANTUM |  UNION |  IDBI |  ITI |  MAHINDRA MANULIFE |  360 ONE |  BOI |  TAURUS |  JM FINANCIAL |  PGIM |  SHRIRAM |  BARODA BNP PARIBAS |  QUANT |  WHITEOAK CAPITAL |  TRUST |  SAMCO |  NJ |  BAJAJ