HDFC ELSS TaxSaver Fund Direct Growth
NAV as on 15-04-2025
₹ 1410.86
▲2.3%
1D
Inception Returns
15.3%
/yr
Historical NAV & Returns
Absolute
▲
▼
6165 people have invested ₹ 3.8Cr in HDFC ELSS TaxSaver Fund Direct Growth in the last three months
About HDFC ELSS TaxSaver Fund Direct Growth
HDFC ELSS TaxSaver Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Roshi Jain. The fund could potentially beat inflation in the long-run.
Key Parameters
- HDFC ELSS TaxSaver Fund Direct Growth has ₹15556 Cr worth of assets under management (AUM) as on Mar 2025 and is more than category average.
- The fund has an expense ratio 1.1.
Returns
HDFC ELSS TaxSaver Fund Direct Growth has given a CAGR return of 15.26% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 12.79%, 21.00% and 28.97% respectively.
Holdings
HDFC ELSS TaxSaver Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Health, Tech, Basic Materials, Industrial, Communication, Government, Utilities, Consumer Defensive, Real Estate, Energy. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Axis Bank Ltd, Cipla Ltd, Kotak Mahindra Bank Ltd
Taxation
As it is a elss (tax savings) mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of HDFC ELSS TaxSaver Fund Direct Growth
To generate capital appreciation / income from a portfolio, comprising predominantly of equity & equity related instruments. There is no assurance that the investment objective of the Scheme will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. There is a lock in period for HDFC ELSS TaxSaver Fund Direct Growth of 3 Years
HDFC ELSS TaxSaver Fund Direct Growth Overview
| Expense ratio | 1.09% |
Benchmark | Nifty 500 TR INR |
| AUM | ₹15556 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹500/₹500 |
| Exit Load | 0% |
| Lock In | 3 Years |
TurnOver | 34.54% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
INDmoney Rank for HDFC ELSS TaxSaver Fund Direct Growth
Powered by IND quant engine
3
/23
71% Performance
75% Risk Management
8% Cost
3 out of 23 among elss (tax savings)
Generated Consistent Returns
Consistently beats benchmark
Lower volatility within category
No bad points found for this fund.
Trailing Returns
as on (15-Apr-25)
Fund Distribution
as on (31-Mar-25)
Large cap
77.4%
Small cap
9.1%
Mid cap
6%
Sector Allocation
Financial Services
46.8%
Consumer Cyclical
13.9%
Health
10.9%
Tech
6.3%
Basic Materials
6.3%
Industrial
6.1%
Communication
4.8%
Utilities
2%
Consumer Defensive
1.1%
Real Estate
1.1%
Energy
0.7%
All changes are between Jan'25 and Mar'25
- This fund’s returns stands at 6.46% whereas the fund’s underlying benchmark Nifty 500 returns stands at 7.25% as on Mar'25
- This fund underperformed Nifty 500 by 0.79% in Mar'25
- AUM of the fund stands at 15.6K Cr as of Mar'25
- AUM increased by 884.3 Cr between Mar'25 and Feb'25
Top Stocks bought last month
ICICI Bank Ltd's allocation increased from 9.85% to 10.4%
Kotak Mahindra Bank Ltd's allocation increased from 4.54% to 4.89%
Bajaj Auto Ltd's allocation increased from 1.31% to 1.52%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 10.39 % to 10.11 %
Cipla Ltd's allocation decreased from 5.18 % to 5.01 %
Maruti Suzuki India Ltd's allocation decreased from 4.48 % to 4.07 %
Small Cap allocation has gone down from 9.4% to 9.1%
Mid Cap allocation has gone up from 5.8% to 6%
Large Cap allocation has gone down from 77.4% to 77.4%
Cash allocation has gone up from 7% to 7.3%
Debt allocation has gone down from 0.3% to 0.3%
Top 3 Sectors in March were Financial Services, Consumer Cyclical & Health
Mar'25
Financial Services
47%
Consumer Cyclical
14%
Health
11%
Feb'25
Financial Services
46%
Consumer Cyclical
14%
Health
11%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 10.4% | 0% | |
 HDFC Bank Ltd | 10.11% | -2.3% | |
 Axis Bank Ltd | 9.21% | 0% | |
 Cipla Ltd | 5.01% | 0% | |
 Kotak Mahindra Bank Ltd | 4.89% | 0% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
HDFC ELSS TaxSaver Fund Direct Growth | 12.79% | 21% | 28.97% | 15.26% |
 LIC MF ELSS Tax Saver -Direct Plan Growth Option | 15.13% | 14.83% | 23.27% | 14.89% |
 DSP ELSS Tax Saver Fund Direct Plan Growth | 14.7% | 18.07% | 28.54% | 17.93% |
 SBI Long Term Equity Fund Direct Growth | 7.1% | 22.59% | 30.06% | 16.38% |
See all
Top Growth Drivers | 1M Return |
|---|---|
 HDFC Bank Ltd | 5.6% |
 Axis Bank Ltd | 3.4% |
 ICICI Bank Ltd | 3.4% |
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Roshi Jain
Fund Manager of HDFC ELSS TaxSaver Fund Direct Growth, since 13 January 2022
Top funds managed
Fund House
HDFC Asset Management Co Ltd
Total Schemes
Total AUM
₹7.63L Cr
as on 31-Mar-2025
Address
HDFC Asset Management Company Limited,“HUL House”, 2nd Floor,,H.T. Parekh Marg,165-166, Backbay Reclamation,,Churchgate,
Phone
+912266316333
Website
cliser@hdfcfund.com
Mutual Fund Insights
In the last 5 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 36.01% return, outperforming this fund by 7.04% per annum.
Over the last 1 year, this fund has decreased expense ratio by 4.4% moving from 1.14 to 1.09.
Over the last 1 month, this fund has experienced a 6.0% growth in AUM moving from 14.67K Cr to 15.55K Cr.
In the last 3 years, SBI Long Term Equity Fund Direct Growth has given 22.59% return, outperforming this fund by 1.59% per annum.
In the last 1 year, LIC MF ELSS Tax Saver -Direct Plan Growth Option has given 15.13% return, outperforming this fund by 2.34%.
This fund expense ratio is slightly on the lower side within the category (elss (tax savings)). Its expense ratio is 1.09% which is lower than the category average expense ratio of 1.29%.
HDFC ELSS TaxSaver Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 15.26% since inception which is more than its category average return of 14.48%
Fund Allocations
This fund has an allocation of 92.4% in Equity, 0.33% in Debt and 7.27% in Cash related instruments
AUM size ₹15556 Cr
This fund has AUM of ₹15556 Cr which is more than its category average of ₹ 4910 Cr
Expense Ratio 1.09%
This fund has an expense ratio of 1.09% which is less than its category average expense ratio of 1.4%
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5Y CAGR
▲ 36.46
5Y CAGR
▲ 32.55
5Y CAGR
▲ 31.75
3Y CAGR
▲ 20.34
Frequently Asked Questions for HDFC ELSS TaxSaver Fund Direct Growth
The current NAV of HDFC ELSS TaxSaver Fund Direct Growth is ₹1410.86 as on 15-Apr-2025.
Existing (Absolute + CAGR) as on 15-Apr-2025.
HDFC ELSS TaxSaver Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.82% | 5.82% |
6 Month Returns | -5.18% | -5.18% |
1 Year Returns | 12.79% | 12.79% |
3 Years Returns | 77.18% | 21% |
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1.09% as on March 2025
₹15556 Cr as on March 2025
ICICI Bank Ltd(10.4%), HDFC Bank Ltd(10.11%), Axis Bank Ltd(9.21%), Cipla Ltd(5.01%), Kotak Mahindra Bank Ltd(4.89%) as on March 2025
Financial Services(43.23%), Consumer Cyclical(12.83%), Health(10.05%) as on March 2025
The alpha ratio for the HDFC ELSS TaxSaver Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
HDFC ELSS TaxSaver Fund Direct Growth | 5.95 | 7.87 | 5.78 |
As on March 2025
The alpha for HDFC ELSS TaxSaver Fund Direct Growth is calculated against Nifty 500 TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the HDFC ELSS TaxSaver Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
HDFC ELSS TaxSaver Fund Direct Growth | 0.8 | 0.82 | 0.86 |
As on March 2025
The Beta for HDFC ELSS TaxSaver Fund Direct Growth is calculated with Nifty 500 TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the HDFC ELSS TaxSaver Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
HDFC ELSS TaxSaver Fund Direct Growth | 0.49 | 1.15 | 1.6 |
As on March 2025
The sharpe ratio for HDFC ELSS TaxSaver Fund Direct Growth is calculated with Nifty 500 TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the HDFC ELSS TaxSaver Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
HDFC ELSS TaxSaver Fund Direct Growth | 13.39 | 12.47 | 14.02 |
As on March 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 2.21 as on March 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 2.23 as on March 2025. It tells the consistency of the fund in generating superior risk-adjusted performance
Roshi Jain is the fund manager of HDFC ELSS TaxSaver Fund Direct Growth
The Exit load of HDFC ELSS TaxSaver Fund Direct Growth is 0%