HDFC Tax Saver Fund - Growth

( NAV change from the previous, NAV as on )

Launch Date

1996-03-31 05:30:00.0

AUM

NA
(as on date NA)

Benchmark

NIFTY 500 Total Returns Index

Fund Manager

Vinay R. Kulkarni, Amar Kalkundrikar

Risk: Moderately High

HDFC Tax Saver Fund Overview

HDFC Tax Saver Fund is an open-ended ELSS Fund. The investment objective of HDFC Tax Saver Fund is to provide long term income by mainly investing in equity and related instruments. HDFC Tax Saver Fund portfolio offers tax benefit along with capital appreciation. Around 80% to 100% of HDFC Tax Saver Fund portfolio includes equity stocks with a mix of large and mid-cap companies. You can easily invest in HDFC Tax Saver Fund growth plan or HDFC Tax Saver Fund dividend plan based on the investment goal. You can get a trend of HDFC Tax Saver Fund performance through the details of HDFC Tax Saver Fund NAV updates. The lock-in period of HDFC Tax Saver Fund is 3 years and the tax deduction is up to Rs. 1.5 lakhs under Section 80C of IT Act 1961.

Eligibility for investing in HDFC Tax Saver Fund

  • Adult citizens residing in India.
  • The Karta of Hindu Undivided Family (HUF)
  • Minor through parents or legal guardian
  • Banking and other financial institutions
  • Limited liability partnership.
  • Non-Resident Indians
  • Religious and other charitable trusts.
  • Foreign Institutional Investors (FIIs) with registration under the Securities and Exchange Board of India
  • Mutual Funds or other Alternative Investment Funds registered under the Securities and Exchange Board of India

Documents required for HDFC Tax Saver Fund

KYC Documents-

  • Pan Card
  • Passport Size Photo
  • AADHAAR Card
  • acknowledgment receipt
  • Voter's ID Card

Advantages of HDFC Tax Saver Fund

  • With HDFC Tax Saver Fund investment, you create wealth and also can save tax under Section 80C of Income Tax Act, 1961.
  • You can invest in HDFC Tax Saver Fund dividend plan or HDFC Tax Saver Fund growth plan to fulfill your financial requirements.
  • HDFC Tax Saver Fund portfolio includes 80% to 100% in equity stocks of companies with distinct competitive advantages and higher growth potential.
  • You can go for investing online after tracking HDFC Tax Saver Fund NAV updates.
  • You do not have to worry about HDFC Tax Saver Fund investment. Professional fund manager manages your fund investment.
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