HDFC Taxsaver Fund * Return since Launch: 24.92% Invest Now

HDFC Tax Saver Fund Overview

HDFC Tax Saver Fundis an open-ended ELSS Fund. This fund is managed by Mr. Vinay R. Kulkarni and Mr. Rakesh Vyas. The risk of this fund is moderately high. The launch date of this fund is 31st March 1996. The benchmark of this fund is NIFTY 500 Total Returns Index.

Eligibility for investing in HDFC Tax Saver Fund

  • Adult citizens residing in India.
  • Minor through legal guardians/parents.
  • Limited liability partnership.
  • Religious and charitable trusts.
  • Banking and financial institutions
  • Mutual Funds or Alternative Investment Funds which have registrations under the Securities and Exchange Board of India
  • The Karta of Hindu Undivided Family (HUF)
  • Persons of Indian origin residing abroad (PIOs) or Non-Resident Indians can apply for subscription either on repatriation basis or on non-repatriation basis (permitted under Schedule 5 of the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2000)
  • Foreign Institutional Investors (FIIs) who have registration under the Securities and Exchange Board of India on repatriation basis (permitted under Schedule 5 of the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2000)
  • Mutual Funds or Alternative Investment Funds which have registrations under the Securities and Exchange Board of India
  • Other schemes of Mutual Funds subject to the conditions and limits prescribed by SEBI Regulations.

Documents required for HDFC Tax Saver Fund

  • PAN Card
  • Adhaar Card
  • Voter’s ID
  • Passport Size Photo
  • The investors will be issued an acknowledgement receipt which he/she needs to submit while applying for subscribing for a mutual fund scheme.

Advantages of HDFC Tax Saver Fund

  • Managed by the professionals.
  • Reasonable investment alternative.
  • Well organized investments.
  • Unlimited investment option.
  • Best return.
  • Tax relief.
  • Small investment option.
  • Easy Tracking.
  • Fund switched facility.
  • Quick purchase and sell option.
  • Reasonable investment alternative
*Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not an indicator of future returns.