HDFC Taxsaver - Growth Plan
Fund House: HDFC Mutual Fund| Category: Equity: ELSS |
| Launch Date: 05-03-1996 |
| Asset Class: Equity |
| Benchmark: NIFTY 500 TRI |
| Expense Ratio: 1.92% As on (31-01-2023) |
| Status: Open Ended Schemes |
| Minimum Investment: 500.0 |
| Minimum Topup: 500.0 |
| Total Assets: 9,723.21 Cr As on (28-02-2023) |
| Turn over: 36.4% | Exit Load: Nil |
782.313
-3.73 (-0.4764%)
21.21%
Benchmark: 15.94%
PERFORMANCE
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Investment Objective
The scheme seeks capital appreciation with at least 80 per cent exposure to equities, FCDs, preference shares and bonds of companies.
Current Asset Allocation (%)
Indicators
| Standard Deviation | 21.52 |
| Sharpe Ratio | 0.76 |
| Alpha | 1.91 |
| Beta | 0.93 |
| Yield to Maturity | - |
| Average Maturity | - |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| HDFC Taxsaver - Growth Plan | 05-03-1996 | 8.52 | 16.52 | 34.54 | 9.59 | 13.33 |
| SBI Long Term Equity Fund - Regular Plan- Growth | 31-03-1993 | 6.64 | 13.17 | 33.96 | 11.14 | 13.97 |
| Motilal Oswal Long Term Equity Fund (MOFLTE) - Regular Plan - Growth Option | 05-01-2015 | 5.88 | 9.55 | 28.42 | 8.5 | - |
| Taurus Taxshield - Regular Plan - Growth | 31-03-1996 | 5.53 | 10.93 | 27.98 | 9.79 | 12.77 |
| Parag Parikh Tax Saver Fund- Regular Growth | 05-07-2019 | 5.14 | 15.18 | 35.2 | - | - |
| ITI Long Term Equity Fund - Regular Plan - Growth Option | 18-10-2019 | 3.37 | 3.44 | 25.81 | - | - |
| Franklin India Taxshield-Growth | 05-04-1999 | 2.53 | 11.16 | 33.53 | 10.46 | 14.19 |
| Kotak Tax Saver-Scheme-Growth | 01-11-2005 | 2.17 | 12.09 | 31.95 | 13.17 | 14.93 |
| Quantum Tax Saving Fund - Regular Plan Growth Option | 01-04-2017 | 1.52 | 7.53 | 29.72 | 8.43 | - |
| Sundaram Diversified Equity (ELSS) Regular Plan - Growth | 10-05-2005 | 0.91 | 10.19 | 30.58 | 8.28 | 12.53 |
Scheme Characteristics
Minimum investment in equity & equity related instruments - 80% of total assets (in accordance with Equity Linked Saving Scheme, 2005 notified by Ministry of Finance).
Riskometer
PORTFOLIO
Market Cap Distribution
Small Cap
3.34%
Others
5.31%
Large Cap
85.96%
Mid Cap
5.39%
Scheme Documents
Tax Benefits of investing in this fund
Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#
Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.
Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **
# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund
