HDFC TaxSaver Direct Growth

Fund Overview

Fund Size

₹14,475 Cr

Expense Ratio

1.14%

ISIN

INF179K01YS4

Minimum SIP

₹500

Exit Load

No Charges

Inception Date

01 Jan 2013

About this fund

HDFC TaxSaver Direct Growth is a ELSS (Tax Savings) mutual fund schemes offered by HDFC Mutual Fund. This fund has been in existence for 11 years, 4 months and 17 days, having been launched on 01-Jan-13.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹1306.31, Assets Under Management (AUM) of 14474.85 Crores, and an expense ratio of 1.14%.

HDFC TaxSaver Direct Growth has given a CAGR return of 15.80% since inception.
The fund's asset allocation comprises around 92.47% in equities, 0.35% in debts, and 7.18% in cash & cash equivalents.
You can start investing in HDFC TaxSaver Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+46.66%

+36.06% (Cat Avg.)

3 Years

+27.65%

+20.13% (Cat Avg.)

5 Years

+19.84%

+18.87% (Cat Avg.)

10 Years

+15.23%

+15.86% (Cat Avg.)

Since Inception

+15.80%

— (Cat Avg.)

Portfolio Summaryas of 30th April 2024

Equity	₹13,384.62 Cr	92.47%
Debt	₹50.26 Cr	0.35%
Others	₹1,039.97 Cr	7.18%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
ICICI Bank Ltd	Equity	₹1,438 Cr	9.93%
HDFC Bank Ltd	Equity	₹1,390.89 Cr	9.61%
Treps - Tri-Party Repo	Cash - Repurchase Agreement	₹1,015.32 Cr	7.01%
Axis Bank Ltd	Equity	₹1,002.67 Cr	6.93%
Hindustan Aeronautics Ltd Ordinary Shares	Equity	₹866.66 Cr	5.99%
State Bank of India	Equity	₹826.25 Cr	5.71%
Cipla Ltd	Equity	₹728 Cr	5.03%
Bharti Airtel Ltd	Equity	₹700.82 Cr	4.84%
SBI Life Insurance Company Limited	Equity	₹617.72 Cr	4.27%
HCL Technologies Ltd	Equity	₹526.55 Cr	3.64%
Apollo Hospitals Enterprise Ltd	Equity	₹475.79 Cr	3.29%
Kotak Mahindra Bank Ltd	Equity	₹405.99 Cr	2.80%
Maruti Suzuki India Ltd	Equity	₹384.53 Cr	2.66%
Prestige Estates Projects Ltd	Equity	₹365.77 Cr	2.53%
Power Grid Corp Of India Ltd	Equity	₹332.04 Cr	2.29%
Infosys Ltd	Equity	₹284.11 Cr	1.96%
Dr Reddy's Laboratories Ltd	Equity	₹279.19 Cr	1.93%
Mahindra & Mahindra Ltd	Equity	₹215.64 Cr	1.49%
Tech Mahindra Ltd	Equity	₹214.8 Cr	1.48%
Bajaj Auto Ltd	Equity	₹204.78 Cr	1.41%
Oil & Natural Gas Corp Ltd	Equity	₹198 Cr	1.37%
NTPC Ltd	Equity	₹192.5 Cr	1.33%
Escorts Kubota Ltd	Equity	₹167.93 Cr	1.16%
Larsen & Toubro Ltd	Equity	₹161.74 Cr	1.12%
Metropolis Healthcare Ltd	Equity	₹145.42 Cr	1.00%
Shoppers Stop Ltd	Equity	₹136.24 Cr	0.94%
Lupin Ltd	Equity	₹131.67 Cr	0.91%
Tata Steel Ltd	Equity	₹115.5 Cr	0.80%
The Federal Bank Ltd	Equity	₹112.6 Cr	0.78%
Crompton Greaves Consumer Electricals Ltd	Equity	₹111.44 Cr	0.77%
TeamLease Services Ltd	Equity	₹99.58 Cr	0.69%
Dr. Lal PathLabs Ltd	Equity	₹94.9 Cr	0.66%
Popular Vehicles and Services Ltd	Equity	₹94.58 Cr	0.65%
Karur Vysya Bank Ltd	Equity	₹81.58 Cr	0.56%
Coforge Ltd	Equity	₹76.55 Cr	0.53%
Zee Entertainment Enterprises Ltd	Equity	₹58.78 Cr	0.41%
7.38% Govt Stock 2027	Bond - Gov't/Treasury	₹50.26 Cr	0.35%
Delhivery Ltd	Equity	₹44.9 Cr	0.31%
Bharti Airtel Ltd (Partly Paid Rs.1.25)	Equity	₹36.35 Cr	0.25%
Reliance Industries Ltd	Equity	₹29.34 Cr	0.20%
Net Current Assets	Cash	₹24.65 Cr	0.17%
ZF Commercial Vehicle Control Systems India Ltd	Equity	₹23.27 Cr	0.16%
Blue Star Ltd	Equity	₹11.22 Cr	0.08%
Blue Dart Express Ltd	Equity	₹0.35 Cr	0.00%

Allocation By Market Cap (Equity)

Large Cap Stocks

80.33%

Mid Cap Stocks

7.55%

Small Cap Stocks

4.59%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹5,875.7 Cr	40.59%
Healthcare	₹1,854.98 Cr	12.82%
Industrials	₹1,352.38 Cr	9.34%
Consumer Cyclical	₹1,170.48 Cr	8.09%
Technology	₹1,102 Cr	7.61%
Communication Services	₹795.95 Cr	5.50%
Utilities	₹524.53 Cr	3.62%
Real Estate	₹365.77 Cr	2.53%
Energy	₹227.34 Cr	1.57%
Basic Materials	₹115.5 Cr	0.80%

Risk & Performance Ratios

Standard Deviation

This fund

11.76%

Cat. avg.

12.86%

Lower the better

Sharpe Ratio

This fund

1.72

Cat. avg.

1.10

Higher the better

Sortino Ratio

This fund

Cat. avg.

2.10

Higher the better

Fund Managers

Roshi Jain

Since January 2022

Dhruv Muchhal

Since June 2023

Additional Scheme Detailsas of 30th April 2024

	ISIN	INF179K01YS4		Expense Ratio	1.14%		Exit Load	No Charges		Fund Size	₹14,475 Cr		Age	01 Jan 2013		Lumpsum Minimum	₹500		Fund Status	Open Ended Investment Company		Benchmark	Nifty 500 TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar ELSS (Tax Savings) Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Tata India Tax Savings Fund Direct Growth Very High Risk	0.7%	0.0%	₹4196.77 Cr	33.7%
Tata India Tax Savings Fund Regular Growth Very High Risk	1.8%	0.0%	₹4196.77 Cr	32.2%
Axis Long Term Equity Fund Regular Growth Very High Risk	1.5%	0.0%	₹35641.94 Cr	30.8%
Parag Parikh Tax Saver Fund Direct Growth Very High Risk	0.7%	0.0%	₹3360.61 Cr	33.3%
Parag Parikh Tax Saver Fund Regular Growth Very High Risk	1.8%	0.0%	₹3360.61 Cr	31.8%
Shriram Long Term Equity Fund Direct Growth Very High Risk	0.8%	0.0%	₹49.62 Cr	41.2%
Shriram Long Term Equity Fund Regular Growth Very High Risk	2.3%	0.0%	₹49.62 Cr	38.9%
ITI Long Term Equity Fund Direct Growth Very High Risk	0.5%	0.0%	₹325.14 Cr	58.0%
ITI Long Term Equity Fund Regular Growth Very High Risk	2.3%	0.0%	₹325.14 Cr	55.1%
Sundaram Diversified Equity Regular Growth Very High Risk	2.2%	0.0%	₹1602.76 Cr	26.6%

About the AMC

HDFC Mutual Fund

+91 22 66316333

https://www.hdfcfund.com/

Total AUM

₹5,87,828 Cr

Address

“HUL House”, 2nd Floor, Mumbai, 400 020

Other Funds by HDFC Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
HDFC Pharma and Healthcare Fund Direct Growth Very High Risk	1.1%	1.0%	₹830.67 Cr	-
HDFC Technology Fund Direct Growth Very High Risk	1.0%	1.0%	₹968.74 Cr	-
HDFC Fixed Maturity Plan 1162 Days March 2022 Series 46 Direct Growth Low to Moderate Risk	-	0.0%	₹30.87 Cr	7.0%
HDFC FMP 1204D December 2022 (47) Direct Growth Low to Moderate Risk	-	-	-	6.6%
HDFC Fixed Maturity Plans 1269 Days March 2023 Series 47 Direct Growth Low to Moderate Risk	-	0.0%	-	6.6%
HDFC Fixed Maturity Plans 1359 Days September 2022 Series 46 Direct Growth Low to Moderate Risk	-	0.0%	-	6.8%
HDFC Fixed Maturity Plan 1406 Days August 2022 Series 46 Direct Growth Moderate Risk	-	0.0%	-	7.1%
HDFC Fixed Maturity Plans 1113 Days March 2019 Series 44 Plan 1 Direct Growth Moderate Risk	-	0.0%	-	-
HDFC Fixed Maturity Plan 1876 Days Series 46 Direct Growth Low to Moderate Risk	-	0.0%	₹30.00 Cr	6.8%
HDFC Fixed Maturity Plans Series 46 1158D July 2022 Direct Growth Low to Moderate Risk	-	0.0%	-	6.9%
HDFC Fixed Maturity Plan 1861 Days Series 46 Direct Growth Low to Moderate Risk	-	0.0%	₹428.57 Cr	6.8%
HDFC FMP 2638D February 2023 (47) Direct Growth Moderate Risk	-	0.0%	-	6.7%
HDFC Fixed Maturity Plans 1127 Days April 2019 Series 44 Plan 1 Direct Growth Moderate Risk	-	-	-	-
HDFC Balanced Advantage Fund Direct Growth Very High Risk	0.7%	1.0%	₹83548.61 Cr	40.9%
HDFC Hybrid Equity Fund Direct Growth Very High Risk	1.0%	1.0%	₹23113.38 Cr	21.4%
HDFC Dynamic PE Ratio Fund of Funds Plan A Direct Growth High Risk	-	1.0%	₹44.57 Cr	25.2%
HDFC Small Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹29685.32 Cr	44.9%
HDFC Housing Opportunities Fund Direct Growth Very High Risk	1.2%	1.0%	₹1430.61 Cr	58.3%
HDFC Large and Mid Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹18691.62 Cr	49.0%
HDFC Nifty G-Sec July 2031 Index Fund Direct Growth Moderate Risk	0.2%	0.0%	₹620.48 Cr	6.4%
HDFC Nifty G-sec Dec 2026 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹1205.47 Cr	6.5%
HDFC Business Cycle Fund Direct Growth Very High Risk	0.7%	1.0%	₹2970.53 Cr	31.7%
HDFC NIFTY Smallcap 250 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹164.59 Cr	61.9%
HDFC Credit Risk Debt Fund Direct Growth Moderately High risk	0.9%	1.0%	₹8092.20 Cr	7.3%
HDFC Nifty SDL Oct 2026 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹188.28 Cr	6.9%
HDFC Banking and PSU Debt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹6205.47 Cr	7.2%
HDFC Banking & Financial Services Fund Direct Growth Very High Risk	0.6%	1.0%	₹3369.81 Cr	24.1%
HDFC Non-Cyclical Consumer Fund Direct Growth Very High Risk	1.2%	1.0%	₹662.33 Cr	-
HDFC Asset Allocator Fund of Funds Direct Growth High Risk	0.1%	1.0%	₹3075.86 Cr	26.3%
HDFC Gold Fund Direct Growth High Risk	0.2%	1.0%	₹2006.90 Cr	19.2%
HDFC Gilt Fund Direct Growth Moderate Risk	0.5%	0.0%	₹2365.56 Cr	7.0%
HDFC Dynamic Debt Fund Direct Growth Moderate Risk	0.7%	0.0%	₹677.79 Cr	7.4%
HDFC Medium Term Debt Fund Direct Growth Moderate Risk	0.6%	0.0%	₹4188.28 Cr	7.1%
HDFC Income Fund Direct Growth Moderate Risk	0.8%	0.0%	₹776.81 Cr	6.5%
HDFC Infrastructure Fund Direct Growth Very High Risk	1.3%	1.0%	₹1893.54 Cr	81.3%
HDFC Liquid Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹59798.62 Cr	7.3%
HDFC Corporate Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹28968.10 Cr	7.5%
HDFC Mid-Cap Opportunities Fund Direct Growth Very High Risk	0.8%	1.0%	₹63413.49 Cr	57.5%
HDFC Hybrid Debt Fund Direct Growth Moderately High risk	1.2%	1.0%	₹3140.27 Cr	16.0%
HDFC TaxSaver Direct Growth Very High Risk	1.1%	0.0%	₹14474.85 Cr	46.7%
HDFC Multi - Asset Fund Direct Growth High Risk	0.8%	1.0%	₹2799.47 Cr	23.8%
HDFC Equity Savings Fund Direct Growth Moderately High risk	1.0%	1.0%	₹4180.30 Cr	18.4%
HDFC Short Term Debt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹12947.96 Cr	7.4%
HDFC Top 100 Fund Direct Growth Very High Risk	0.3%	1.0%	₹33170.08 Cr	35.6%
HDFC S&P BSE 500 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹68.86 Cr	36.2%
HDFC Nifty Midcap 150 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹129.90 Cr	56.3%
HDFC Dividend Yield Fund Direct Growth Very High Risk	0.5%	1.0%	₹4958.90 Cr	46.6%
HDFC Low Duration Fund Direct Growth Low to Moderate Risk	0.5%	0.0%	₹16714.34 Cr	7.8%
HDFC Arbitrage Fund Direct Growth Low Risk	0.4%	0.0%	₹11804.46 Cr	8.3%
HDFC Capital Builder Value Fund Direct Growth Very High Risk	1.0%	1.0%	₹6762.91 Cr	43.7%

Risk Level

Your principal amount will be at Very High Risk

Still got questions?
We're here to help.

What is the current NAV of HDFC TaxSaver Direct Growth?

The NAV of HDFC TaxSaver Direct Growth, as of 17-May-2024, is ₹1306.31.

What are the returns of HDFC TaxSaver Direct Growth?

The fund has generated 46.66% over the last 1 year and 27.65% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of HDFC TaxSaver Direct Growth?

The fund's allocation of assets is distributed as 92.47% in equities, 0.35% in bonds, and 7.18% in cash and cash equivalents.

Who manages the HDFC TaxSaver Direct Growth?

The fund managers responsible for HDFC TaxSaver Direct Growth are:-

Roshi Jain
Dhruv Muchhal

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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