HDFC ELSS - Tax Saver Fund
HDFC Mutual Fund · ELSS · Direct plan, growth option
NAV (₹), 1 Oct 2026
1,405.4880
1-day change
-0.81%
1Y return
-8.5%
3Y CAGR
11.3%
5Y CAGR
13.0%
Max drawdown, 5Y
−14.8%
NAV history month-end NAV, ₹ · 1 Jan 2013 to 1 Oct 2026
Returns vs ELSS median (38 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -6.6% | -5.7% |
| 3 months | -4.8% | -4.0% |
| 6 months | 2.1% | 6.4% |
| Year to date | -11.0% | -5.1% |
| 1 year | -8.5% | -2.4% |
| 3 years (CAGR) | 11.3% | 10.0% |
| 5 years (CAGR) | 13.0% | 10.2% |
| 7 years (CAGR) | 15.5% | 15.0% |
| 10 years (CAGR) | 12.8% | 13.0% |
| Since first NAV (CAGR) | 13.5% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 12.3% | 12.2% |
| 3Y rolling median | 15.6% | 16.0% |
| 3Y rolling worst | -11.0% | -3.4% |
| 3Y periods positive | 92% | 99% |
| 3Y periods ahead of benchmark | 96% | 82% |
| 5Y rolling median | 13.7% | 15.7% |
| 5Y rolling worst | -3.9% | 1.5% |
| 5Y periods ahead of benchmark | 100% | 100% |
Benchmark: Nifty 500 (proxy: Motilal Oswal Nifty 500 Index Fund, price return).
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 14.1% | 15.4% |
| Sharpe ratio | 0.39 | 0.30 |
| Sortino ratio | 0.56 | 0.43 |
| Beta | 0.87 | 0.95 |
| Alpha (ann.) | 2.5% | 1.3% |
| Upside capture | 96.90 | 97.67 |
| Downside capture | 86.76 | 96.32 |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −44.1% | −35.8% |
| Maximum drawdown, last 10Y | −44.1% | −36.8% |
| Maximum drawdown, last 5Y | −14.8% | −18.4% |
| Current drawdown | −11.9% | −8.2% |
| Recovery time of worst fall | 291 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Market context from Integrato Market Intelligence
This scheme invests mainly in the market below, which is also close to how many of them are benchmarked. Where that market stands today:
21,857.75 −0.97%
NSE close, 1 Oct 2026
- P/E 21.6: higher than 1% of days since 2023 (median 24.2)
- 1Y −3.9% · 3Y +8.9% p.a. · 5Y +8.6% p.a. (index fund NAV, after costs)
- −9.3% from its 52-week high
Index levels and P/E: NSE daily index closing values; gold and silver: IBJA rates; returns: growth NAV of an index fund or ETF tracking the market (AMFI), so they are after that fund's costs. Context only: a market's level or valuation does not tell you how any scheme will perform. Explore all markets.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 1.77% a year and the Direct plan's 1.21%, a gap of 0.56%; over the last 3 years the Direct plan returned 0.67 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹12,83,728.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Recent disclosure changes last 120 days, as disclosed via AMFI
- 8 Sep 2026: TER increased from 1.20% to 1.21% (AMFI TER disclosure)
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Amar Kalkundrikar | Fund Manager of the scheme | 1 Dec 2008 |
| Gopal Agrawal | Fund Manager for Overseas Investment | 1 Sep 2026 |
Objective: To generate capital appreciation / income from a portfolio, comprising predominantly of equity & equity related instruments. There is no assurance that the investment objective of the Scheme will be achieved.
Stated asset allocation: Equity and Equity Related Instruments: 80% - 100%; Money market instruments, Other liquid instruments and Units of Mutual Fund*: 0% - 20% *Units of Domestic Mutual Fund shall include Overnight Funds, Liquid Funds Money Market Mutual Funds, Gold ETF and Silver ETF. Further, other liquid instruments shall include cash, bank deposits with Scheduled Commercial Banks, Government Securities, Treasury bills, Repo on Government securities and any other instruments as specified by SEBI from time to time. For detailed asset allocation, refer Scheme Information Document (SID) available on the website
Benchmark (tier 1): NIFTY 500 Index (Total Returns Index)
Minimum application: Rs.500
Allotment date: 31 Mar 1996
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Direct plan | 1.21% | 1.10% |
| AUM, whole scheme (₹ crore) | 14,949 | 2,608 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | -7.0% | -2.0% TRI |
| Return, 3 years (AMFI) | 11.6% | 9.5% TRI |
| Return, 5 years (AMFI) | 13.1% | 9.0% TRI |
| Month-ends above category median (3Y CAGR) | 38% | 48% median |
| Month-ends in category top quartile (3Y) | 31% | 24% median |
| 7Y rolling CAGR, median (monthly windows) | 13.3% | 14.3% median |
Official benchmark: Nifty 500 TRI (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, ELSS Direct plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Nifty 500 proxy | Difference |
|---|---|---|---|
| 2026 YTD | -11.0% | -7.8% | −3.2% |
| 2025 | 10.9% | 7.7% | +3.3% |
| 2024 | 22.1% | 15.6% | +6.4% |
| 2023 | 34.0% | 26.5% | +7.5% |
| 2022 | 11.1% | 3.8% | +7.4% |
| 2021 | 36.0% | 30.6% | +5.4% |
| 2020 | 6.4% | 17.2% | −10.8% |
| 2019 | 4.3% | n/a | – |
| 2018 | -10.3% | n/a | – |
| 2017 | 39.6% | n/a | – |
Benchmark proxy: Motilal Oswal Nifty 500 Index Fund (Direct plan NAV, price return), which carries its own costs. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,11,968 | -12.2% |
| 3 years | ₹3,60,000 | ₹3,65,641 | 1.0% |
| 5 years | ₹6,00,000 | ₹7,70,912 | 10.0% |
| 10 years | ₹12,00,000 | ₹24,06,107 | 13.3% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
AMC: HDFC Mutual Fund
Category: ELSS
Plan / option: Direct · Growth
AMFI scheme code: 119060
ISIN: INF179K01YS4
First NAV in MFIC data: 1 Jan 2013
History: 13.7 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Kotak Large Cap Fund | Large Cap | 0.98 | 8.8% |
| HDFC Focused Fund | Focused | 0.97 | 14.2% |
| Edelweiss Large Cap Fund | Large Cap | 0.97 | 9.0% |
| HDFC Flexi Cap Fund | Flexi Cap | 0.97 | 14.2% |
| BAJAJ FINSERV LARGE CAP FUND | Large Cap | 0.97 | n/a |
| Aditya Birla Sun Life Large Cap Fund | Large Cap | 0.97 | 8.1% |
Questions about HDFC ELSS - Tax Saver Fund
- What is the latest NAV of HDFC ELSS - Tax Saver Fund?
- The NAV of the Direct plan (growth option) was ₹1,405.4880 on 1 Oct 2026, as published by AMFI.
- Which category is HDFC ELSS - Tax Saver Fund in?
- It is classified as ELSS in AMFI's daily NAV file; a ELSS scheme is an equity-linked savings scheme with a three-year lock-in. MFIC compares it with 38 ELSS schemes (Direct plans).
- What returns has HDFC ELSS - Tax Saver Fund delivered?
- Over one year the NAV changed by -8.5%. The 3-year CAGR is 11.3% (category median 10.0%) and the 5-year CAGR is 13.0% (category median 10.2%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 15.6%, the lowest was -11.0%, and 92% of 3-year periods ended with a gain. It was ahead of Nifty 500 (index-fund proxy) in 96% of those periods.
- What was the largest fall in HDFC ELSS - Tax Saver Fund's NAV?
- The largest peak-to-trough fall in its available history was 44.1%; within the last five years it was 14.8% (category median 18.4%).
- How volatile is HDFC ELSS - Tax Saver Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 14.1%, which is below the ELSS category median of 15.4%.
- What would a monthly SIP in HDFC ELSS - Tax Saver Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹7,70,912 on 1 Oct 2026, an annualised return (XIRR) of 10.0%. This uses the Direct plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of HDFC ELSS - Tax Saver Fund?
- The total expense ratio of the Direct plan is 1.21% a year, as disclosed to AMFI (median of ELSS Direct plans: 1.10%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is HDFC ELSS - Tax Saver Fund?
- Assets under management of the whole scheme were ₹14,949 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of HDFC ELSS - Tax Saver Fund?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “Very High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of HDFC ELSS - Tax Saver Fund and how has it compared?
- Its official benchmark is the Nifty 500 TRI. Over 3 years AMFI reports a return of 11.6% for this plan against 9.5% for the benchmark total return index; over 5 years 13.1% against 9.0%. Past performance does not indicate future results.
- How often has HDFC ELSS - Tax Saver Fund beaten its category?
- At 38% of the 120 month-ends compared over the last 10 years, its 3-year return was above the median of ELSS schemes (Direct plans); it was in the top quarter at 31% of them. A typical scheme would show about 50%.
- Who manages HDFC ELSS - Tax Saver Fund?
- According to its Scheme Summary Document, HDFC ELSS - Tax Saver Fund is managed by Amar Kalkundrikar (since 1 Dec 2008), Gopal Agrawal (since 1 Sep 2026).
- What is the minimum investment in HDFC ELSS - Tax Saver Fund?
- The minimum application amount is Rs.500. SIP details: For SIP DSIP, WSIP, MSIP - Rs. 500 QSIP - Rs. 1500 HSIP - Rs. 500 YSIP - Rs. 500 For SWAP Fixed and Variable SWAP - Rs. 500 For STP Fixed STP (FSTP) Daily FSTP - Rs. 500 Weekly FSTP - Rs. 500 Monthly FSTP - Rs. 1000 Quarterly FSTP -Rs. 3000 Capital Appreciation STP (CASTP) Not Allowed.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by -8.5% and the Regular plan's by -9.0%. The Regular plan includes the services of a distributor.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Direct plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.