3 Year return
27.11%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Very High Risk
Asset Under Management
₹14474.85 Cr.
Expense Ratio
1.13% (inclusive of GST)
Exit Load
Nil
Tax Implications
Withdrawal within 1 year
Not applicable as these investments cannot be sold before the 3 year lock-in period
Withdrawal after 1 year
10% tax on gains over ₹1 Lakh per financial year
Fund Holdings
HDFC Mutual Fund Managers
RJ
Roshi Jain
Fund Manager since Nov 2006
Fund House Details
HDFC Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
Quant ELSS Tax Saver Fund IDCW Direct Plan Payout |
28.86% |
3.5 |
SBI Long Term Equity Fund Direct Plan IDCW Payout |
27.91% |
5 |
Bank of India ELSS Tax Saver Direct Plan IDCW Payout |
25.29% |
3 |
Schemes by HDFC Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Arbitrage Fund
HDFC Arbitrage Fund Growth Direct Plan
Hybrid . Arbitrage Fund
HDFC Arbitrage Fund Wholesale IDCW Direct Plan Payout
Hybrid . Arbitrage Fund
HDFC Arbitrage Fund Wholesale Growth Direct Plan
Hybrid . Arbitrage Fund
HDFC Arbitrage Fund Quarterly IDCW Direct Plan Reinvestment
Hybrid . Arbitrage Fund
HDFC Arbitrage Fund Wholesale Monthly IDCW Direct Plan Payout
About the HDFC Taxsaver IDCW Direct Plan Payout
The HDFC Taxsaver IDCW Direct Plan Payout is a tax-saving equity mutual fund managed by HDFC Mutual Fund. It is a direct plan, which means that there are no brokerage fees involved when you invest in the fund. Tax-saving funds are a type of mutual fund that offer tax benefits to investors. The HDFC Taxsaver IDCW Direct Plan Payout offers tax benefits under Section 80C of the Income Tax Act. This means that you can claim a deduction of up to ₹1.5 lakhs in your taxable income for investing in this fund. The fund aims to generate long-term capital appreciation for investors. However, it also pays out regular dividends to investors.
Investment Objectives of the Scheme
The investment objective of the HDFC Taxsaver IDCW Direct Plan Payout is to generate long-term capital appreciation for investors by investing in equity and equity-related instruments.
Key Features of The Fund
5-year return | 18.73% |
Expense Ratio | 1.13% |
Fund Manager | Roshi Jain |
Fund Size | ₹14474.85 Cr |
Risk Profile | Very High |
Is This Scheme Right for Me?
The HDFC Taxsaver IDCW Direct Plan Payout is a good option for investors who are looking for a tax-efficient way to invest in equity markets. The fund offers tax benefits under Section 80C of the Income Tax Act, which can help you save taxes on your income. However, the fund is not suitable for investors who are looking for high returns. The fund's investment objective is to generate long-term capital appreciation, which means that you may not see significant returns in the short term.
AMC Contact Details
Name | HDFC Mutual Fund |
Launch Date | July 2000 |
Addresss | "HDFC House", 2nd Floor, H. T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai - 400020 |
Contact | 1800 3010 67671800 419 7676 |
hello@hdfcfund.com | |
Website | https://www.hdfcfund.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
Combat Inflation With SIP Investments
FAQs
What is today's NAV of HDFC ELSS Tax Saver IDCW Direct Plan Payout?
What is the AUM of HDFC ELSS Tax Saver IDCW Direct Plan Payout?
What is the expense ratio of HDFC ELSS Tax Saver IDCW Direct Plan Payout?
What are the returns of HDFC ELSS Tax Saver IDCW Direct Plan Payout since inception?
What is the minimum SIP amount to invest in HDFC ELSS Tax Saver IDCW Direct Plan Payout?
How do I invest in HDFC ELSS Tax Saver IDCW Direct Plan Payout?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in HDFC ELSS Tax Saver IDCW Direct Plan Payout?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in HDFC ELSS Tax Saver IDCW Direct Plan Payout?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in HDFC ELSS Tax Saver IDCW Direct Plan Payout?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.