HDFC TaxSaver Growth

• Alpha -4.56%
• Beta 0.97
• Sharpe Ratio1.48
• Std Deviation 12.98%
• Tracking Error 4.94%

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 realized.

The HDFC TaxSaver Growth has an AUM of 11285.76 crores & has delivered CAGR of 16.54% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 1.75%. The minimum investment in HDFC TaxSaver Growth is Rs 500 and the minimum SIP is Rs 500.

As per morningstar the risk & return rating of the fund are Moderate & Exceptional respectively.

The top holdings of the fund include ICICI Bank, HDFC Bank, Bharti Airtel & Hindustan Aeronautics.

The major sectors where the fund is invested are Regional Banks, Software & Programming, Biotechnology & Drugs & Constr. & Agric. Machinery.

Some of the similar funds are DSP Tax Saver Fund Regular Plan Growth, Nippon India Tax Saver (ELSS) Fund - Growth, Canara Robeco Equity Taxsaver Growth, ICICI Prudential Long Term Equity Fund (Tax Saving) Growth, HDFC TaxSaver Growth. HDFC TaxSaver Growth has a sharpe ratio of 1.48 & a standard deviation of 12.98%.