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FAQ : HDFC ELSS Tax saver - Growth - Direct Plan

HDFC ELSS Tax saver - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) N/A 16.25 16.48 11.54
Average Rolling Returns(%) 18.14 14.64 14.17 13.07

The Current NAV of HDFC ELSS Tax saver - Growth - Direct Plan is ₹1468.60.

You should look for a fund with better more consistent performance track record. Funds returns are more likely to be different than its benchmark NIFTY 500 returns, as Funds portfolio is significantly different.

HDFC ELSS Tax saver - Growth - Direct Plan fund’s expense ratio is 1.08%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of HDFC ELSS Tax saver - Growth - Direct Plan is currently ₹14,615 Crores.

The Top three stocks are ICICI Bank, HDFC Bank and Axis Bank and account for 24% of its portfolio. Top 5 and 10 stocks of fund account for 34% and 54% of fund’s portfolio respectively.

Top three sectors of HDFC ELSS Tax saver - Growth - Direct Plan fund are BFSI, Auto and IT accounting for 64% of the total portfolio.

Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Equity - ELSS it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of HDFC ELSS Tax saver - Growth - Direct Plan Fund is Equity - ELSS.

Amar Kalkundrikar manages the HDFC ELSS Tax saver - Growth - Direct Plan Fund.

HDFC ELSS Tax saver - Growth - Direct Plan current PE ratio is 30.06 and PB ratio is 5.10

The asset allocation of HDFC ELSS Tax saver - Growth - Direct Plan is Stocks : 98.27%, Debt : 1.74% and Gold : 0%

The minimum SIP amount for HDFC ELSS Tax saver - Growth - Direct Plan is ₹500.00 and minimum lumpsum is ₹500.00

The exit load for HDFC ELSS Tax saver - Growth - Direct Plan is Nil

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