HSBC Tax Saver Equity Fund Direct Growth

Fund Overview

Fund Size

₹260 Cr

Expense Ratio

1.60%

ISIN

INF336L01EE0

Minimum SIP

₹500

Exit Load

No Charges

Inception Date

01 Jan 2013

About this fund

HSBC Tax Saver Equity Fund Direct Growth is a ELSS (Tax Savings) mutual fund schemes offered by HSBC Mutual Fund. This fund has been in existence for 12 years and 21 days, having been launched on 01-Jan-13.
As of 21-Jan-25, it has a Net Asset Value (NAV) of ₹98.57, Assets Under Management (AUM) of 260.16 Crores, and an expense ratio of 1.6%.

HSBC Tax Saver Equity Fund Direct Growth has given a CAGR return of 15.72% since inception.
The fund's asset allocation comprises around 98.54% in equities, 0.00% in debts, and 1.46% in cash & cash equivalents.
You can start investing in HSBC Tax Saver Equity Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+22.13%

+14.47% (Cat Avg.)

3 Years

+16.17%

+14.26% (Cat Avg.)

5 Years

+19.11%

+18.26% (Cat Avg.)

10 Years

+13.37%

+13.05% (Cat Avg.)

Since Inception

+15.72%

— (Cat Avg.)

Portfolio Summaryas of 30th November 2024

Equity	₹256.35 Cr	98.54%
Others	₹3.81 Cr	1.46%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
ICICI Bank Ltd	Equity	₹16.23 Cr	6.24%
Infosys Ltd	Equity	₹15.25 Cr	5.86%
Dixon Technologies (India) Ltd	Equity	₹13.17 Cr	5.06%
HDFC Bank Ltd	Equity	₹12.46 Cr	4.79%
Multi Commodity Exchange of India Ltd	Equity	₹11.44 Cr	4.40%
Reliance Industries Ltd	Equity	₹9.71 Cr	3.73%
Amber Enterprises India Ltd Ordinary Shares	Equity	₹9.1 Cr	3.50%
PB Fintech Ltd	Equity	₹8.86 Cr	3.41%
KEI Industries Ltd	Equity	₹8.76 Cr	3.37%
Bharti Airtel Ltd	Equity	₹8.51 Cr	3.27%
Prudent Corporate Advisory Services Ltd	Equity	₹8.19 Cr	3.15%
State Bank of India	Equity	₹7.2 Cr	2.77%
Rainbow Childrens Medicare Ltd	Equity	₹6.04 Cr	2.32%
Sun Pharmaceuticals Industries Ltd	Equity	₹6.04 Cr	2.32%
Axis Bank Ltd	Equity	₹5.94 Cr	2.28%
Larsen & Toubro Ltd	Equity	₹5.83 Cr	2.24%
TVS Motor Co Ltd	Equity	₹5.61 Cr	2.16%
Titan Co Ltd	Equity	₹4.97 Cr	1.91%
J.B. Chemicals & Pharmaceuticals Ltd	Equity	₹4.86 Cr	1.87%
DLF Ltd	Equity	₹4.74 Cr	1.82%
BSE Ltd	Equity	₹4.62 Cr	1.78%
Treps	Cash - Repurchase Agreement	₹4.51 Cr	1.73%
Kalyan Jewellers India Ltd	Equity	₹4.29 Cr	1.65%
Phoenix Mills Ltd	Equity	₹4.27 Cr	1.64%
Lupin Ltd	Equity	₹3.92 Cr	1.51%
Rategain Travel Technologies Ltd	Equity	₹3.9 Cr	1.50%
Poly Medicure Ltd	Equity	₹3.84 Cr	1.48%
Wockhardt Ltd	Equity	₹3.65 Cr	1.40%
Epigral Ltd	Equity	₹3.6 Cr	1.38%
PVR INOX Ltd	Equity	₹3.47 Cr	1.33%
KEC International Ltd	Equity	₹3.41 Cr	1.31%
Kirloskar Pneumatic Co Ltd	Equity	₹3.3 Cr	1.27%
Radico Khaitan Ltd	Equity	₹3.22 Cr	1.24%
Mangalore Chemicals & Fertilizers Ltd	Equity	₹2.86 Cr	1.10%
REC Ltd	Equity	₹2.66 Cr	1.02%
Gokaldas Exports Ltd	Equity	₹2.49 Cr	0.96%
Godrej Consumer Products Ltd	Equity	₹2.49 Cr	0.96%
Motherson Sumi Wiring India Ltd	Equity	₹2.44 Cr	0.94%
CCL Products (India) Ltd	Equity	₹2.37 Cr	0.91%
Gujarat Fluorochemicals Ltd Ordinary Shares	Equity	₹2.35 Cr	0.90%
Kajaria Ceramics Ltd	Equity	₹2.17 Cr	0.84%
Entero Healthcare Solutions Ltd	Equity	₹2.05 Cr	0.79%
Sterling and Wilson Renewable Energy Ltd	Equity	₹2.02 Cr	0.78%
Avenue Supermarts Ltd	Equity	₹1.93 Cr	0.74%
Bajaj Auto Ltd	Equity	₹1.81 Cr	0.69%
Ganesha Ecosphere Ltd	Equity	₹1.63 Cr	0.63%
KPIT Technologies Ltd	Equity	₹1.6 Cr	0.62%
Bharat Electronics Ltd	Equity	₹1.54 Cr	0.59%
PNC Infratech Ltd	Equity	₹1.52 Cr	0.59%
GE Vernova T&D India Ltd	Equity	₹1.41 Cr	0.54%
Bharti Airtel Ltd (Partly Paid Rs.1.25)	Equity	₹1.34 Cr	0.51%
Global Health Ltd	Equity	₹1.29 Cr	0.50%
Net Current Assets (Including Cash & Bank Balances)	Cash	₹-0.7 Cr	0.27%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹77.6 Cr	29.83%
Technology	₹35.93 Cr	13.81%
Consumer Cyclical	₹32.34 Cr	12.43%
Healthcare	₹31.69 Cr	12.18%
Industrials	₹27.92 Cr	10.73%
Communication Services	₹13.31 Cr	5.12%
Consumer Defensive	₹10.01 Cr	3.85%
Energy	₹9.71 Cr	3.73%
Real Estate	₹9.01 Cr	3.46%
Basic Materials	₹8.81 Cr	3.39%

Risk & Performance Ratios

Fund Managers

Gautam Bhupal

Since July 2019

Sonal Gupta

Since September 2024

Additional Scheme Detailsas of 30th November 2024

ISIN

INF336L01EE0

Expense Ratio

1.60%

Exit Load

No Charges

Fund Size

₹260 Cr

Age

12 years

Lumpsum Minimum

₹500

Fund Status

Open Ended Investment Company

Benchmark

Nifty 500 TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar ELSS (Tax Savings) Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Tata India Tax Savings Fund Direct Growth Very High Risk	0.7%	0.0%	₹4640.66 Cr	15.7%
Tata India Tax Savings Fund Regular Growth Very High Risk	1.8%	0.0%	₹4640.66 Cr	14.5%
Axis Long Term Equity Fund Regular Growth Very High Risk	1.5%	0.0%	₹35953.73 Cr	12.8%
Parag Parikh Tax Saver Fund Direct Growth Very High Risk	0.6%	0.0%	₹4506.61 Cr	15.9%
Parag Parikh Tax Saver Fund Regular Growth Very High Risk	1.7%	0.0%	₹4506.61 Cr	14.7%
Shriram Long Term Equity Fund Direct Growth Very High Risk	0.8%	0.0%	₹54.59 Cr	3.3%
Shriram Long Term Equity Fund Regular Growth Very High Risk	2.3%	0.0%	₹54.59 Cr	1.6%
ITI Long Term Equity Fund Direct Growth Very High Risk	0.6%	0.0%	₹396.89 Cr	11.5%
ITI Long Term Equity Fund Regular Growth Very High Risk	2.3%	0.0%	₹396.89 Cr	9.5%
Sundaram Diversified Equity Regular Growth Very High Risk	2.2%	0.0%	₹1528.93 Cr	8.2%

About the AMC

HSBC Mutual Fund

+91 22 66145000

https://www.assetmanagement.hsbc.co.in/en/mutual-funds

Total AUM

₹1,23,975 Cr

Address

16, V N Road, Mumbai, 400 001

Other Funds by HSBC Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
HSBC Consumption Fund Direct Growth Very High Risk	0.7%	1.0%	₹1619.84 Cr	20.2%
HSBC Balanced Advantage Fund Direct Growth Moderately High risk	0.8%	1.0%	₹1528.25 Cr	11.9%
HSBC Infrastructure Fund Direct Growth Very High Risk	1.0%	1.0%	₹2511.19 Cr	18.0%
HSBC Aggressive Hybrid Fund Direct Growth Very High Risk	0.8%	1.0%	₹5728.09 Cr	15.3%
HSBC Value Fund Direct Growth Very High Risk	0.8%	1.0%	₹13565.36 Cr	16.6%
HSBC Credit Risk Fund Direct Growth Moderately High risk	0.9%	3.0%	₹581.95 Cr	8.0%
HSBC Banking & PSU Debt Direct Growth Low to Moderate Risk	0.2%	0.0%	₹4165.78 Cr	7.7%
HSBC Midcap Fund Direct Growth Very High Risk	0.7%	1.0%	₹12416.26 Cr	23.1%
HSBC ELSS Fund Direct Growth Very High Risk	1.1%	0.0%	₹4312.57 Cr	22.4%
HSBC Equity Savings Fund Direct Growth Moderately High risk	0.6%	0.0%	₹645.63 Cr	18.3%
HSBC Low Duration Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹481.92 Cr	7.9%
HSBC Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹3689.27 Cr	8.1%
HSBC Corporate Bond Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹5953.24 Cr	8.5%
HSBC Dynamic Bond Fund Direct Growth Moderate Risk	0.2%	0.0%	₹159.03 Cr	9.5%
HSBC Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹2243.50 Cr	7.7%
HSBC Gilt Fund Direct Growth Moderate Risk	0.5%	0.0%	₹262.96 Cr	9.5%
HSBC Medium Duration Direct Growth Moderate Risk	0.4%	0.0%	₹780.39 Cr	9.1%
HSBC Focused Fund Direct Growth Very High Risk	0.9%	1.0%	₹1774.91 Cr	12.4%
HSBC Business Cycles Fund Direct Growth Very High Risk	1.1%	1.0%	₹1035.50 Cr	22.7%
HSBC Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹2197.49 Cr	6.7%
HSBC Conservative Hybrid Fund Direct Growth Moderately High risk	1.3%	0.0%	₹148.72 Cr	13.8%
HSBC Large Cap Fund Direct Growth Very High Risk	1.2%	1.0%	₹1946.22 Cr	11.2%
HSBC Global Emerging Markets Fund Direct Growth Very High Risk	1.6%	1.0%	₹34.10 Cr	18.3%
HSBC Brazil Fund Direct Growth Very High Risk	1.8%	1.0%	₹42.27 Cr	-17.9%
HSBC Medium to Long Duration Fund Direct Growth Moderate Risk	0.7%	0.0%	₹49.52 Cr	9.0%
HSBC Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹23801.63 Cr	7.4%
HSBC Flexi Cap Fund Direct Growth Very High Risk	1.2%	1.0%	₹5048.46 Cr	18.5%
HSBC Tax Saver Equity Fund Direct Growth Very High Risk	1.6%	0.0%	₹260.16 Cr	22.1%
HSBC Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹2860.65 Cr	7.7%
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹1890.60 Cr	8.3%
HSBC Small Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹17385.84 Cr	16.2%
HSBC Global Equity Climate Change Fund of Fund Direct Growth Very High Risk	1.4%	1.0%	₹65.18 Cr	14.6%
HSBC Managed Solutions India Conservative Direct Growth Moderately High risk	0.5%	1.0%	₹22.39 Cr	9.1%
HSBC Managed Solutions India Moderate Direct Growth High Risk	0.9%	1.0%	₹59.11 Cr	12.9%
HSBC Managed Solutions India Growth Direct Growth Very High Risk	1.0%	1.0%	₹42.18 Cr	13.7%
HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth Moderate Risk	0.2%	0.0%	₹194.32 Cr	8.0%
HSBC Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹2423.19 Cr	7.9%
HSBC Nifty Next 50 Index Fund Direct Growth Very High Risk	0.3%	1.0%	₹130.00 Cr	15.9%
HSBC Nifty 50 Index Fund Direct Growth Very High Risk	0.2%	1.0%	₹287.67 Cr	7.5%
HSBC Large & Mid Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹3978.89 Cr	22.7%
HSBC Multi Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹4495.14 Cr	17.2%
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund Direct Growth Very High Risk	1.6%	1.0%	₹7.73 Cr	24.5%

Risk Level

Your principal amount will be at Very High Risk

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Still got questions?
We're here to help.

What is the current NAV of HSBC Tax Saver Equity Fund Direct Growth?

The NAV of HSBC Tax Saver Equity Fund Direct Growth, as of 21-Jan-2025, is ₹98.57.

What are the returns of HSBC Tax Saver Equity Fund Direct Growth?

The fund has generated 22.13% over the last 1 year and 16.17% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of HSBC Tax Saver Equity Fund Direct Growth?

The fund's allocation of assets is distributed as 98.54% in equities, 0.00% in bonds, and 1.46% in cash and cash equivalents.

Who manages the HSBC Tax Saver Equity Fund Direct Growth?

The fund managers responsible for HSBC Tax Saver Equity Fund Direct Growth are:-

Gautam Bhupal
Sonal Gupta

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Fund Overview

Fund Size

₹260 Cr

Expense Ratio

1.60%

ISIN

INF336L01EE0

Minimum SIP

₹500

Exit Load

No Charges

Inception Date

01 Jan 2013

Risk Level

Your principal amount will be at Very High Risk