HDFC ELSS Tax Saver Direct Plan Growth

Equity
ELSS
Very High Risk
3Y Lock In
23.24%
3Y annualised
-0.30% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 11 Oct 2024₹1,480.68
Min. SIP amount₹500
Rating4
Fund size₹16,760.61Cr

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 returns44.4%23.2%23.7%16.4%
Category average38.6%17.1%21.9%NA
Rank with in category12412NA
Understand terms

Holdings (47)

NameSectorInstrumentAssets
FinancialEquity9.80%
FinancialEquity9.61%
FinancialEquity8.09%
CommunicationEquity5.41%
TechnologyEquity5.36%
HealthcareEquity5.33%
InsuranceEquity4.73%
AutomobileEquity3.95%
FinancialEquity3.87%
FinancialEquity2.59%
See All

Pros and cons

Category: Equity ELSS

Pros

Exit load is zero
Lower expense ratio: 1.08%
Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Higher alpha: 7.53 The fund has generated returns higher than benchmark - NIFTY 500 Total Return Index - in the last 3Y

Cons

10Y annualised returns lower than category average by 0.47%
Lock-in period: 3Y

Expense ratio, exit load and tax

Expense ratio: 1.08%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.

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

Education
Mr. Dhruv has done B.Com, CA and CFA
Experience
Prior to joining HDFC MF,he has worked with Motilal Oswal Financial Services Ltd., Goldman Sachs, CRISIL Global Research & Analytics and Deloitte Haskins & Sells
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
022 – 66316333
Launch Date
10 Dec 1999
HDFC Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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