HDFC TaxSaver Growth - Latest NAV, Returns, Performance & Portfolio

HDFC TaxSaver

  • highlight6.27%
  • highlight1.06(0.22%)

Start your investment

Min amount: 500

Calculate Returns

Rs. 0 invested one time becomes Rs. 0 in a period of 20 years
  • Save up to Rs 46,800 in taxes every year.
  • Highest returns compared to other 80C investments.
  • Lowest lock-in of 3 years
Tax Saving FDPPFELSS
Average Annualised Returns i
6%8%12%
Tax rates i
30%30%30%
Returns after tax i
4.2%5.6%8.4%
Current rate of Inflation i
4%4%4%
Real Rate of Return i
0.2%1.6%4.4%
Lock-in Period i
5 years15 years3 years

Fund Summarystar

PeriodReturns(per year)
10 Years11.53%
5 Years6.27%
3 Years5.6%
1 Year-8.5%
6 Months0.99%
Fund Details
ISININF179K01BB8
RiskModerately High risk
Fund TypeELSS (Tax Savings)
NAV478.749
Exit Load--

More about this fundstar

Top HoldingsWeightage
ICICI Bank Ltd9.69%
Infosys Ltd8.56%
NTPC Ltd8.15%
Reliance Industries Ltd7.93%
State Bank of India7.78%
HDFC Bank Ltd6.87%
Larsen & Toubro Ltd6.38%
ITC Ltd4.39%
GAIL (India) Ltd3.94%
Bharat Petroleum Corp Ltd2.88%

About HDFC Tax Saver

HDFC Tax Saver is an equity-linked saving scheme (ELSS) that constitutes equity funds and equity-related funds portfolio. The aim of this fund is to generate capital appreciation and enable investors to avail deduction under Section 80C.

Pros & Cons of HDFC Tax Saver

The fund is managed by experienced managers with stable investment team. It predominantly, that is, around 70-80% invests in large-cap stocks and rest small/mid caps. The short-term investment in this fund may lead to underperformance, but long-term will give good results.

Fund Information and Statistics of HDFC Tax Saver

i) Inception / Launch date

This fund was launched on 31 March 1996 by HDFC Asset Management

ii) Risk level

Risk is moderately high as fund’s performance is driven by the market’s wide fluctuations

iii) Redemption

Being an ELSS tax saver fund, it can be redeemed after a minimum lock-in period of 3 years, under normal circumstances, the fund house will dispatch the redemption proceeds to the respective bank account within 10 business days from date of receipt of the request.

iv) Fund Manager

Vinay Kulkarni is an experienced fund manager who has been managing this fund since November 2006.

v) Entry / Exit load

Exit load for this fund is 0%. However, an expense ratio of 2.11% will be applied every year.

Tax benefits of investing in HDFC Tax Saver

The fund has a 3-year lock-in period. At the time of sale, it will be considered as long-term capital gains. Gains over and above Rs 1 lakh, made on the sale of units after 1 year from the date of allotment will be taxable at the rate of 10% (without indexation).

About HDFC Mutual Fund

HDFC Mutual Fund has left no stone unturned to cater to investors from all walks of life. Be it any financial goal – long-term, short-term, retirement, tax-saving and so on – HDFC has that plan for you. Majority of the mutual fund products they offer have CRISIL ratings of 3 and more. Investors from any income background have a gamut of choice in every asset classes and risk profile.

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Frequently Asked Questions

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Start your investment

Min amount: 500

Calculate Returns

Rs. 0 invested one time becomes Rs. 0 in a period of 20 years
Need help?
Moderately High risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns