HDFC TaxSaver Direct Growth
EquityELSS (Tax Savings)Very High Risk
Direct
NAV (18-Jun-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹16,454 Cr
Expense Ratio
1.05%
ISIN
INF179K01YS4
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹1504.47, Assets Under Management (AUM) of 16453.67 Crores, and an expense ratio of 1.05%.
- HDFC TaxSaver Direct Growth has given a CAGR return of 15.63% since inception.
- The fund's asset allocation comprises around 91.35% in equities, 0.31% in debts, and 8.33% 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
+8.61%
+3.80% (Cat Avg.)
3 Years
+27.97%
+22.68% (Cat Avg.)
5 Years
+28.13%
+24.09% (Cat Avg.)
10 Years
+14.50%
+14.51% (Cat Avg.)
Since Inception
+15.63%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Equity | ₹15,030.67 Cr | 91.35% |
| Debt | ₹51.6 Cr | 0.31% |
| Others | ₹1,371.41 Cr | 8.33% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹1,614.27 Cr | 9.81% |
| ICICI Bank Ltd | Equity | ₹1,590.38 Cr | 9.67% |
| Axis Bank Ltd | Equity | ₹1,430.64 Cr | 8.69% |
| Treps - Tri-Party Repo | Cash - Repurchase Agreement | ₹1,382.99 Cr | 8.41% |
| SBI Life Insurance Co Ltd | Equity | ₹815.49 Cr | 4.96% |
| Cipla Ltd | Equity | ₹791.48 Cr | 4.81% |
| Kotak Mahindra Bank Ltd | Equity | ₹726.15 Cr | 4.41% |
| Maruti Suzuki India Ltd | Equity | ₹677.55 Cr | 4.12% |
| Bharti Airtel Ltd | Equity | ₹631.11 Cr | 3.84% |
| HCL Technologies Ltd | Equity | ₹548.26 Cr | 3.33% |
| Bajaj Auto Ltd | Equity | ₹408.83 Cr | 2.48% |
| Hyundai Motor India Ltd | Equity | ₹369.44 Cr | 2.25% |
| State Bank of India | Equity | ₹324.92 Cr | 1.97% |
| JSW Steel Ltd | Equity | ₹298.05 Cr | 1.81% |
| Power Grid Corp Of India Ltd | Equity | ₹290.23 Cr | 1.76% |
| Tata Steel Ltd | Equity | ₹241.53 Cr | 1.47% |
| Infosys Ltd | Equity | ₹234.41 Cr | 1.42% |
| Eicher Motors Ltd | Equity | ₹226.67 Cr | 1.38% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹223.62 Cr | 1.36% |
| InterGlobe Aviation Ltd | Equity | ₹213.2 Cr | 1.30% |
| Oil & Natural Gas Corp Ltd | Equity | ₹167.58 Cr | 1.02% |
| Escorts Kubota Ltd | Equity | ₹166.09 Cr | 1.01% |
| Larsen & Toubro Ltd | Equity | ₹165.38 Cr | 1.01% |
| Dr. Lal PathLabs Ltd | Equity | ₹158.84 Cr | 0.97% |
| Tech Mahindra Ltd | Equity | ₹157.39 Cr | 0.96% |
| Bosch Ltd | Equity | ₹157.07 Cr | 0.95% |
| Mahindra & Mahindra Ltd | Equity | ₹156.28 Cr | 0.95% |
| United Spirits Ltd | Equity | ₹152.01 Cr | 0.92% |
| Birla Corp Ltd | Equity | ₹137.44 Cr | 0.84% |
| Bajaj Electricals Ltd | Equity | ₹137.34 Cr | 0.83% |
| Metropolis Healthcare Ltd | Equity | ₹134.41 Cr | 0.82% |
| The Federal Bank Ltd | Equity | ₹131.34 Cr | 0.80% |
| Shoppers Stop Ltd | Equity | ₹127.18 Cr | 0.77% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹123.52 Cr | 0.75% |
| Havells India Ltd | Equity | ₹122.16 Cr | 0.74% |
| Star Health and Allied Insurance Co Ltd | Equity | ₹119.41 Cr | 0.73% |
| Prestige Estates Projects Ltd | Equity | ₹117.33 Cr | 0.71% |
| Karur Vysya Bank Ltd | Equity | ₹110.85 Cr | 0.67% |
| Lupin Ltd | Equity | ₹97.89 Cr | 0.59% |
| Ramco Cements Ltd | Equity | ₹97.6 Cr | 0.59% |
| TeamLease Services Ltd | Equity | ₹88.01 Cr | 0.53% |
| Medi Assist Healthcare Services Ltd | Equity | ₹69.35 Cr | 0.42% |
| Cyient Ltd | Equity | ₹63.97 Cr | 0.39% |
| Popular Vehicles and Services Ltd | Equity | ₹62.75 Cr | 0.38% |
| JK Lakshmi Cement Ltd | Equity | ₹59.28 Cr | 0.36% |
| Bharti Airtel Ltd (Partly Paid Rs.1.25) | Equity | ₹54.42 Cr | 0.33% |
| Zee Entertainment Enterprises Ltd | Equity | ₹52.17 Cr | 0.32% |
| 7.38% Govt Stock 2027 | Bond - Gov't/Treasury | ₹51.6 Cr | 0.31% |
| Delhivery Ltd | Equity | ₹35.8 Cr | 0.22% |
| Sumitomo Chemical India Ltd Ordinary Shares | Equity | ₹35.47 Cr | 0.22% |
| Ashok Leyland Ltd | Equity | ₹33.04 Cr | 0.20% |
| Reliance Industries Ltd | Equity | ₹28.42 Cr | 0.17% |
| ZF Commercial Vehicle Control Systems India Ltd | Equity | ₹22.73 Cr | 0.14% |
| Greenpanel Industries Ltd Ordinary Shares | Equity | ₹16.07 Cr | 0.10% |
| Equitas Small Finance Bank Ltd Ordinary Shares | Equity | ₹15.9 Cr | 0.10% |
| Net Current Assets | Cash | ₹-11.59 Cr | 0.07% |
Allocation By Market Cap (Equity)
Large Cap Stocks
76.54%
Mid Cap Stocks
4.68%
Small Cap Stocks
10.14%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹6,879.34 Cr | 41.81% |
| Consumer Cyclical | ₹2,469.36 Cr | 15.01% |
| Healthcare | ₹1,475.57 Cr | 8.97% |
| Technology | ₹940.06 Cr | 5.71% |
| Industrials | ₹887.65 Cr | 5.39% |
| Basic Materials | ₹885.44 Cr | 5.38% |
| Communication Services | ₹737.69 Cr | 4.48% |
| Utilities | ₹290.23 Cr | 1.76% |
| Energy | ₹196 Cr | 1.19% |
| Consumer Defensive | ₹152.01 Cr | 0.92% |
| Real Estate | ₹117.33 Cr | 0.71% |
Risk & Performance Ratios
Standard Deviation
This fund
12.39%
Cat. avg.
14.22%
Lower the better
Sharpe Ratio
This fund
1.34
Cat. avg.
0.86
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.44
Higher the better
Fund Managers
Roshi Jain
Since January 2022
Dhruv Muchhal
Since June 2023
Additional Scheme Detailsas of 31st May 2025
ISIN | INF179K01YS4 | Expense Ratio | 1.05% | Exit Load | No Charges | Fund Size | ₹16,454 Cr | Age | 12 years 5 months | 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
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only 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  |
|---|---|---|---|---|
| Bajaj Finserv ELSS Tax Saver Fund Regular Growth Low Risk | 2.3% | 0.0% | ₹55.57 Cr | - |
| Bajaj Finserv ELSS Tax Saver Fund Direct Growth Low Risk | 0.5% | 0.0% | ₹55.57 Cr | - |
| Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth Very High Risk | 0.3% | 0.0% | ₹202.42 Cr | 3.9% |
| Sundaram Long Term Tax Advantage Fund Series I Regular Growth High Risk | 1.4% | 0.0% | ₹19.18 Cr | 8.0% |
| Bank of India Midcap Tax Fund Series 1 Direct Growth Very High Risk | - | 0.0% | ₹58.23 Cr | -2.2% |
| SBI Long Term Advantage Fund Series II Regular Growth Very High Risk | - | 0.0% | ₹34.17 Cr | 6.4% |
| SBI Long Term Advantage Fund Series II Direct Growth Very High Risk | - | 0.0% | ₹34.17 Cr | 6.8% |
| Bank of India Midcap Tax Fund Series 1 Regular Growth Very High Risk | - | 0.0% | ₹58.23 Cr | -2.4% |
| Sundaram Long Term Tax Advantage Fund Series I Direct Growth High Risk | 1.4% | 0.0% | ₹19.18 Cr | 8.1% |
| Sundaram Long Term Micro Cap Tax Advantage Fund Series V Regular Growth Very High Risk | 1.4% | 0.0% | ₹30.17 Cr | 1.5% |
About the AMC
Total AUM
₹7,64,557 Cr
Address
“HUL House”, 2nd Floor, Mumbai, 400 020
Other Funds by HDFC Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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Who manages the HDFC TaxSaver Direct Growth?
- Roshi Jain
- Dhruv Muchhal
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