HDFC ELSS Tax Saver Direct Plan-Growth

The HDFC ELSS Tax Saver Fund is a 11 yrs 4 m old fund and has delivered average annual returns of 15.57% since inception.

HDFC ELSS Tax Saver Fund Returns

NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.

The NAV of HDFC ELSS Tax Saver Fund for May 14, 2024 is 1277.489.

HDFC ELSS Tax Saver Fund has an ET Money Rank of #2 of 34 and a consistency rating of 4.0.

This indicates the fund has not only delivered solid returns in the past but has done so with exceptional consistency. All this means HDFC ELSS Tax Saver Fund can be a good addition to your portfolio.

On ET Money, Investing in HDFC ELSS Tax Saver Fund is fast, easy, and 100% paperless. And it takes only minutes. Here is what you need to do -

1. Click on the Invest Now Button present on the top right-hand side.
2. Enter your email id, select whether you want to do a one-time investment or start a SIP and add the amount
3. Provide few more details needed including the bank account from which you will be making the payment and confirm.
4. That's it. Your SIP or one-time investment in HDFC ELSS Tax Saver Fund is done.

The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.

The Expense Ratio of the direct plan of HDFC ELSS Tax Saver Fund is 1.14%. .

Redeeming your investments in HDFC ELSS Tax Saver Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in HDFC ELSS Tax Saver Fund from anywhere else, you can go to the fund house website and put a request through it.

AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.

The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.

The AUM of HDFC ELSS Tax Saver Fund is ₹14,475 Crs.

The HDFC ELSS Tax Saver Fund has invested the majority of its money in the stocks of the following companies -

The HDFC ELSS Tax Saver Fund has primarily invested in the following sectors