HDFC ELSS Tax Saver fund has exceeded benchmark returns since inception: Should you invest [Video]

HDFC ELSS Tax Saver, offered by HDFC Mutual Fund, has exceeded benchmark returns over various periods. In one year, HDFC ELSS Tax Saver yielded a return of 45.71%, outperforming the NIFTY 500 Total Returns Index benchmark which stood at 39.58%.

Over three years, the scheme returned 26.11% compared to the benchmark’s 19.34%. Similarly, over five years, it returned 19.53% against the benchmark’s 18.79%.

Over a decade, the scheme delivered 17.01% returns, surpassing the benchmark’s 16.56%.

Since its inception, HDFC ELSS Tax Saver has achieved a return of 15.49%, exceeding the benchmark’s 14.99%.

Notably, the fund consistently outperformed additional benchmark returns across all timeframes too, highlighting its ability to generate alpha and exceed market expectations.

(Source: HDFC Mutual Fund)

For perspective, these returns mean that an investment of ₹10,000 in the HDFC ELSS Tax Saver scheme would have grown to ₹14,585.77 in one year.

On the other hand, the same would have grown to ₹20,096.15 …