📊 ELSS Fund · Deep Analysis

HDFC ELSS Tax saverOption

HDFC Mutual Fund · Direct Growth · SEBI Category: ELSS

Current NAV ₹1,422.1260 (+0.06% today) As of 04 Jun 2026
1 Year Return -4.7%
3 Year CAGR +16.2% p.a.
5 Year CAGR +16.7% p.a.
AAUM ₹15.1K Cr Jan–Mar 2026
All data from RightAdvise DB — calculated from 2,566 daily NAV records
Fund Overview

HDFC ELSS Tax saverOption — Quick Summary

HDFC ELSS Tax Saver Fund is managed by India's largest AMC — HDFC Mutual Fund — which manages over ₹7 lakh crore in assets. The fund offers Section 80C tax benefits up to ₹1.5 lakh per year with a mandatory 3-year lock-in while investing in a diversified equity portfolio. The backing of HDFC MF's deep research team and decades of investment experience gives this fund a strong institutional foundation.

The fund invests in a diversified portfolio of large and mid cap companies with a blend of growth and value characteristics. HDFC MF's investment process emphasises fundamental research — understanding business models, competitive dynamics, management quality and financial health before taking positions. The large AUM means the portfolio holds a well-diversified set of 60-80 stocks across sectors.

Fund House
HDFC Mutual Fund
SEBI Category
ELSS
Benchmark
Nifty 500 TRI
Fund Manager
Roshi Jain
AMFI Code
119060
Risk Level
Very High
NAV Records in DB
2,566 days
Quarterly Average AUM · Jan–Mar 2026
₹15.1K Cr
↓ Decreased by 3.8% vs Oct–Dec 2025 · ₹15.7K Cr
Official quarterly average AUM from AMFI disclosure. Published every 3 months.
📊
✓ Suitable For
Investors who prioritise AMC trust and stability for their ELSS savings. Taxpayers in 20-30% bracket wanting a large, established ELSS from India's most trusted fund house. Long-term investors with 5+ year horizon comfortable with HDFC MF's blend investing approach.
Backed by India's largest AMC with over ₹7 lakh crore in AUM and decades of track record. Dual benefit of 80C tax saving and equity wealth creation. HDFC MF's deep research infrastructure supports quality stock selection. Reliable choice for long-term 80C savings with institutional backing.
✗ Not Suitable For
Investors who cannot commit to a 3-year lock-in — no premature withdrawal is permitted. Conservative investors unable to handle equity market volatility. Those seeking the highest possible returns — HDFC ELSS's large AUM may constrain agility in taking small cap positions.
Who Runs This Fund

Fund Manager

RJ
Roshi Jain
HDFC Mutual Fund · Managing since June 2022

Roshi Jain is Fund Manager at HDFC Mutual Fund and manages HDFC ELSS Tax Saver Fund. She applies a bottom-up, research-intensive approach to equity selection — identifying businesses with sustainable competitive advantages and strong earnings growth potential. HDFC MF's deep equity research infrastructure supports her stock selection process across the large and mid cap universe.

For current co-manager details and full biography, refer to the latest HDFC Mutual Fund factsheet on AMFI or the AMC website.

What to Factor In

Things to Consider

Informational points to help you form your own view — not judgements or recommendations.

AMFI Code · Informational
AMFI Scheme Code: 119060
The official AMFI scheme code for HDFC ELSS Tax saverOption Direct Growth is 119060. Use this when transacting on platforms or verifying data across databases.
Important Note
Points Worth Knowing
HDFC ELSS Tax Saver Fund's very large AUM means it is effectively a large cap fund in character — finding meaningful positions in smaller companies becomes difficult at this scale. Investors seeking genuine multi-cap ELSS exposure may find smaller ELSS funds more nimble. Always check the current market cap breakdown of the portfolio.
Investment Objective
As per Scheme Information Document
To provide long-term capital appreciation and income along with income tax rebate to its investors by predominantly investing in equity and equity related instruments.
All Data Below — From RightAdvise Database
Category Comparison

Top 5 ELSS Tax Saver Funds Compared

Live data. Current fund highlighted. Click any fund name for full analysis.

FundNAVAAUM1Y Return 3Y CAGR 5Y CAGR Sharpe (3Y)
Axis ELSS Tax Saver Fund ₹103.64 ₹31.8K Cr Jan–Mar 2026 -3.3% +10.8% p.a. +7.9% p.a. 0.41
SBI ELSS Tax Saver Fund ₹458.76 ₹28.6K Cr Jan–Mar 2026 -1.6% +19.3% p.a. +17.2% p.a. 1.06
Mirae Asset ELSS Tax Saver Fund ₹55.04 ₹25.5K Cr Jan–Mar 2026 +2.3% +15.2% p.a. +13.2% p.a. 0.73
DSP ELSS Tax Saver Fund ₹149.58 ₹16.0K Cr Jan–Mar 2026 -2.5% +16.7% p.a. +14.3% p.a. 0.85
HDFC ELSS Tax Saver ▲ ₹1,422.13 ₹15.1K Cr Jan–Mar 2026 -4.7% +16.2% p.a. +16.7% p.a. 0.90
Best value in each column shown in green. AAUM from latest AMFI quarterly filing. Returns calculated from daily NAV history.
Performance

Fund Returns

Calculated from 2,566 daily NAV records in RightAdvise DB. Last calculated: Jun 2026.

1M / 3M / 6M / 1Y — simple point-to-point return  ·  3Y / 5Y / 10Y — CAGR (compounded annual growth rate)

1 MonthPoint-to-point
-1.7%
3 MonthPoint-to-point
-6.7%
6 MonthPoint-to-point
-9.9%
1 YearPoint-to-point
-4.7%
3 YearCAGR
+16.2% p.a.
5 YearCAGR
+16.7% p.a.
10 YearCAGR
+14.2% p.a.
₹1 Lakh → 5YLump sum growth
₹212,978

Best & Worst Periods Ever

Based on all rolling windows in full NAV history. Dates show the start and end of each period.

Best 1Y WindowSimple return
+83.9%
Mar 2020 – Mar 2021
Worst 1Y WindowSimple return
-37.4%
Mar 2019 – Mar 2020
Best 3Y CAGRCAGR p.a.
+37.9% p.a.
Mar 2020 – Apr 2023
Worst 3Y CAGRCAGR p.a.
-10.5% p.a.
Feb 2017 – Mar 2020

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025
+10.9%
2024
+22.1%
2023
+34.0%
2022
+11.1%
2021
+36.1%
2020
+6.4%
2019
+4.4%
2018
-10.3%
2017
+39.6%
Consistency Analysis

Rolling Returns ℹ️ What is this?

Rolling returns show performance across every possible investment start date — not one cherry-picked number. Learn more →

1Y Rolling Avg
17.8%
Positive in 84% of windows
Best: 83.9% · Worst: -37.4%
3Y Rolling Avg
16.0% p.a.
Positive in 89% of windows
Best: 37.9% · Worst: -10.5%
5Y Rolling Avg
16.8% p.a.
Positive in 100% of windows
Best: 34.7% · Worst: 7.2%
1-Year Rolling Returns Each bar = 1Y return starting from that date
Risk Analysis

Maximum Drawdown ℹ️ What is this?

How much the fund fell from its peak NAV — what investors actually experience during crashes. Calculated from full NAV history.

Max Drawdown Ever
-44.1%
Jan 2018 → Mar 2020
Recovered: Jan 2021 (1yr 2mo)
Current from Peak
-10.8%
All-time Peak: ₹1,595.05
Peak date: Oct 2025

How the fund behaved in key crisis periods

Calculated from actual NAV data. "Pre-inception" means the fund didn't exist during that period.

2024–25 Tariff / Correction
-14.2%
Sep 27, 2024 – Apr 7, 2025
Recovered: Jun 2025 (5 mos)
COVID-19 Crash
-37.8%
Feb 19 – Mar 23, 2020
Recovered: Nov 2020 (1yr)
2022 Rate Hike Cycle
-12.5%
Jan 17 – Jun 17, 2022
Recovered: Aug 2022 (7 mos)
2018 IL&FS Crisis
-12.9%
Aug 28 – Oct 26, 2018
Recovered: May 2019 (10 mos)
Risk Metrics

Risk Ratios

Calculated from 3 years of daily NAV — industry standard. Risk-free rate: 6.5% p.a. Last updated: Jun 2026. What do these mean? →

Sharpe Ratio (3Y)
0.90
Return per unit of total risk. >1 is good. Learn more →
Sortino Ratio (3Y)
1.29
Like Sharpe but only penalises downside volatility. Learn more →
Std Deviation (3Y)
12.1%
Annualised monthly volatility. Lower = more consistent returns. Learn more →
📊
Want to see what HDFC ELSS Tax saverOption is actually holding?

Our portfolio holdings page shows every stock the fund owns, sector allocation, and month-over-month changes — from official AMC disclosures.

Full current portfolio — all stocks, weights, sectors
New entries and exits over the last 3 months
Sector allocation and month-over-month changes
Updated monthly from official AMC disclosures
See Portfolio Holdings →
← Compare all ELSS Funds

See how HDFC ELSS Tax saverOption ranks against other ELSS funds on returns, drawdown, Sharpe ratio and AAUM — side by side.

Learn the Metrics
📖 Deep Dive
CAGR, Sharpe, Sortino & Std Dev
What these numbers mean and how to use them
📖 Deep Dive
Drawdown & Rolling Returns
Why these reveal more than any CAGR figure
⚠️ RightAdvise.com is NOT registered with SEBI. All content is for educational purposes only. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully and consult a SEBI-registered advisor before investing.
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⚠️ RightAdvise.com is NOT registered with SEBI. All content is for educational purposes only. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully and consult a SEBI-registered advisor before investing.