HDFC Taxsaver Fund (Equity, Equity Elss)

Moderately High
23 yrs 7 monthsStarted on:31 Mar 1996
₹ 7130.72 Cras on: 18 Oct 2019
Long Term Horizon
1.98%
Capital Appreciation

Minimum Investment

  • ₹ 500.00 for Lumpsum

Investment Objective

The scheme seeks to generate capital appreciation / income from a portfolio, comprising predominantly of equity & equity related instruments.

Exit Load

Exit Load - Nil. This scheme qualifies for deduction u/s 80C of the Income-Tax Act, 1961(the "Act"), subject to the limits and conditions specified in Sec.80C read with Sec.80CCE of the Act. "Only those units which have completed the lock-in period would be reflected as available units to redeem".

Scheme Documents

Similar Funds
Axis Long Term Equity Fund
Current NAV 48
Return (CAGR) 17.34%
Value Research
DSP Tax Saver Fund
Current NAV 50.17
Return (CAGR) 13.48%
Value Research
Aditya Birla SL Tax Relief 96 Fund
Current NAV 30.8
Return (CAGR) 23.61%
Value Research NA
IDFC Tax Advantage (ELSS) Fund
Current NAV 53.1
Return (CAGR) 16.69%
Value Research
Principal Tax Savings Fund
Current NAV 199.52
Return (CAGR) 15.66%
Value Research
Franklin India Taxshield Fund
Current NAV 562.3
Return (CAGR) 21.68%
Value Research
ICICI Pru Long Term Equity (Tax Saving) Fund
Current NAV 370.23
Return (CAGR) 19.60%
Value Research
UTI Long Term Equity Fund
Current NAV 86.51
Return (CAGR) 14.04%
Value Research
SBI Magnum Taxgain Fund
Current NAV 139.76
Return (CAGR) 15.88%
Value Research
Baroda Pioneer ELSS 96 Fund
Current NAV 43.57
Return (CAGR) 11.81%
Value Research NA
Reliance Tax Saver (ELSS) Fund
Current NAV 51.8
Return (CAGR) 12.39%
Value Research
Mirae Asset Tax Saver Fund
Current NAV 17.91
Return (CAGR) 16.53%
Value Research

Tenure

TenureReturns (CAGR)
YTD0.55
1 Month5.16
1 YR3.11
3 YR5.62

SIP Returns

TenureReturns (CAGR)
3 YR0.94
5 YR4.9
10 YR9.75

Portfolio

Company Name% Assets
ICICI Bank Ltd.9.69
Reliance Industries Ltd.8.86
Infosys Ltd.8.28
National Thermal Power Corp. Ltd.7.41
HDFC Bank Ltd.7.33
Larsen & Toubro Ltd.6.64
Bharat Petroleum Corpn. Ltd.6.34
State Bank of India6.21
ITC Ltd.4.13
GAIL (India) Ltd.4.03

Top Sectoral Holdings

Sector Name% Assets
Energy33.01
Financial26.8
Technology10.24
Construction8.83
Metals4.58
FMCG4.19
Healthcare3.65
Engineering3.56
Automobile1.28
Services1.16

Indicators

LabelValue
Portfolio turnover ratio9.29
Standard Deviation14.14%
Beta0.96%
Sharpe Ratio0.09

Vinay R Kulkarni,Chirag Dagli

Mr. Kulkarni is a B.Tech from IIT, Mumbai and PGDM from IIT Bangalore.Mr. Dagli has done B. COM and Chartered Accountant.
Prior to joining HDFC Mutual Fund he has worked with Tata AMC, Deutsche Mutual Fund, UTI Mutual Fund and Patni Computer Systems Ltd. Prior to joining HDFC AMC, he has worked with Aviva India Life Insurance Company Ltd., ICICI Securities Ltd., Pioneer Invest Corp, Deutsche Equities, Citigroup Global Markets.

Other Funds Managed by Vinay R Kulkarni,Chirag Dagli