The scheme seeks to generate capital appreciation / income from a portfolio, comprising predominantly of equity & equity related instruments.
Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.
Amar Kalkundrikar
Mr. Kalkundrikar has done B.Com, CA, CFA, and MBA from Columbia Business School.
Prior to joining HDFC Asset Management Company Limited, he has worked with Nippon India Mutual Fund, and HDFC AMC. He worked with multiple roles at HDFC MF.
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of HDFC ELSS - Tax Saver Fund is ₹1,391.62 as of 2026-08-28.
HDFC ELSS - Tax Saver Fund is classified as a ELSS fund.
The Assets Under Management (AUM) of HDFC ELSS - Tax Saver Fund is ₹16,095.45 Cr.
The expense ratio of HDFC ELSS - Tax Saver Fund is 1.75%.
HDFC ELSS - Tax Saver Fund is managed by Amar Kalkundrikar.
The minimum SIP investment for HDFC ELSS - Tax Saver Fund is ₹500.
As per the SEBI Riskometer, HDFC ELSS - Tax Saver Fund carries a Very High risk level.
HDFC ELSS - Tax Saver Fund has delivered -0.51% (1Y), 14.34% (3Y) and 15.22% (5Y) annualised returns as of 2026-08-28.
HDFC ELSS - Tax Saver Fund was launched on 1999-12-10.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.