HSBC Tax Saver Equity Fund Direct Growth
EquityELSS (Tax Savings)Very High Risk
Direct
NAV (20-Dec-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹258 Cr
Expense Ratio
1.60%
ISIN
INF336L01EE0
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
As of 20-Dec-24, it has a Net Asset Value (NAV) of ₹105.88, Assets Under Management (AUM) of 258.12 Crores, and an expense ratio of 1.6%.
- HSBC Tax Saver Equity Fund Direct Growth has given a CAGR return of 16.54% since inception.
- The fund's asset allocation comprises around 97.94% in equities, 0.00% in debts, and 2.06% 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
+37.29%
+23.18% (Cat Avg.)
3 Years
+21.84%
+18.33% (Cat Avg.)
5 Years
+21.31%
+19.38% (Cat Avg.)
10 Years
+14.93%
+14.15% (Cat Avg.)
Since Inception
+16.54%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹252.79 Cr | 97.94% |
| Others | ₹5.33 Cr | 2.06% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| ICICI Bank Ltd | Equity | ₹16.13 Cr | 6.25% |
| Infosys Ltd | Equity | ₹14.43 Cr | 5.59% |
| Multi Commodity Exchange of India Ltd | Equity | ₹12.05 Cr | 4.67% |
| HDFC Bank Ltd | Equity | ₹12.04 Cr | 4.66% |
| Dixon Technologies (India) Ltd | Equity | ₹11.71 Cr | 4.54% |
| Reliance Industries Ltd | Equity | ₹10.01 Cr | 3.88% |
| Prudent Corporate Advisory Services Ltd | Equity | ₹9.74 Cr | 3.77% |
| Amber Enterprises India Ltd Ordinary Shares | Equity | ₹9.06 Cr | 3.51% |
| Bharti Airtel Ltd | Equity | ₹8.43 Cr | 3.27% |
| KEI Industries Ltd | Equity | ₹8.23 Cr | 3.19% |
| PB Fintech Ltd | Equity | ₹7.96 Cr | 3.08% |
| Larsen & Toubro Ltd | Equity | ₹7.18 Cr | 2.78% |
| State Bank of India | Equity | ₹7.04 Cr | 2.73% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹6.27 Cr | 2.43% |
| Rainbow Childrens Medicare Ltd | Equity | ₹6.13 Cr | 2.38% |
| Axis Bank Ltd | Equity | ₹6.06 Cr | 2.35% |
| Treps | Cash - Repurchase Agreement | ₹5.81 Cr | 2.25% |
| TVS Motor Co Ltd | Equity | ₹5.75 Cr | 2.23% |
| J.B. Chemicals & Pharmaceuticals Ltd | Equity | ₹5.49 Cr | 2.13% |
| Lupin Ltd | Equity | ₹5.27 Cr | 2.04% |
| Titan Co Ltd | Equity | ₹5 Cr | 1.94% |
| DLF Ltd | Equity | ₹4.72 Cr | 1.83% |
| Phoenix Mills Ltd | Equity | ₹4.58 Cr | 1.78% |
| BSE Ltd | Equity | ₹4.42 Cr | 1.71% |
| Rategain Travel Technologies Ltd | Equity | ₹4.18 Cr | 1.62% |
| Poly Medicure Ltd | Equity | ₹3.97 Cr | 1.54% |
| Kalyan Jewellers India Ltd | Equity | ₹3.89 Cr | 1.51% |
| Epigral Ltd | Equity | ₹3.66 Cr | 1.42% |
| PVR INOX Ltd | Equity | ₹3.53 Cr | 1.37% |
| KEC International Ltd | Equity | ₹3.18 Cr | 1.23% |
| Radico Khaitan Ltd | Equity | ₹3.12 Cr | 1.21% |
| Kirloskar Pneumatic Co Ltd | Equity | ₹3.1 Cr | 1.20% |
| 360 One Wam Ltd Ordinary Shares | Equity | ₹2.69 Cr | 1.04% |
| REC Ltd | Equity | ₹2.61 Cr | 1.01% |
| Godrej Consumer Products Ltd | Equity | ₹2.57 Cr | 0.99% |
| Gujarat Fluorochemicals Ltd Ordinary Shares | Equity | ₹2.56 Cr | 0.99% |
| Sterling and Wilson Renewable Energy Ltd | Equity | ₹2.42 Cr | 0.94% |
| Motherson Sumi Wiring India Ltd | Equity | ₹2.4 Cr | 0.93% |
| Gokaldas Exports Ltd | Equity | ₹2.32 Cr | 0.90% |
| Kajaria Ceramics Ltd | Equity | ₹2.16 Cr | 0.84% |
| Entero Healthcare Solutions Ltd | Equity | ₹2.09 Cr | 0.81% |
| Avenue Supermarts Ltd | Equity | ₹2.04 Cr | 0.79% |
| CCL Products (India) Ltd | Equity | ₹2.03 Cr | 0.79% |
| Bajaj Auto Ltd | Equity | ₹1.97 Cr | 0.76% |
| Mangalore Chemicals & Fertilizers Ltd | Equity | ₹1.69 Cr | 0.65% |
| PNC Infratech Ltd | Equity | ₹1.64 Cr | 0.63% |
| Ganesha Ecosphere Ltd | Equity | ₹1.43 Cr | 0.55% |
| GE Vernova T&D India Ltd | Equity | ₹1.43 Cr | 0.55% |
| Bharat Electronics Ltd | Equity | ₹1.42 Cr | 0.55% |
| KPIT Technologies Ltd | Equity | ₹0.98 Cr | 0.38% |
| Net Current Assets (Including Cash & Bank Balances) | Cash | ₹-0.48 Cr | 0.19% |
Allocation By Market Cap (Equity)
Large Cap Stocks
44.04%
Mid Cap Stocks
20.14%
Small Cap Stocks
33.75%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹80.75 Cr | 31.28% |
| Technology | ₹33.72 Cr | 13.06% |
| Consumer Cyclical | ₹31.82 Cr | 12.33% |
| Healthcare | ₹29.22 Cr | 11.32% |
| Industrials | ₹28.34 Cr | 10.98% |
| Communication Services | ₹11.97 Cr | 4.64% |
| Energy | ₹10.01 Cr | 3.88% |
| Consumer Defensive | ₹9.76 Cr | 3.78% |
| Real Estate | ₹9.3 Cr | 3.60% |
| Basic Materials | ₹7.91 Cr | 3.06% |
Risk & Performance Ratios
Standard Deviation
This fund
13.13%
Cat. avg.
13.07%
Lower the better
Sharpe Ratio
This fund
1.08
Cat. avg.
0.87
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.57
Higher the better
Fund Managers
Gautam Bhupal
Since July 2019
Sonal Gupta
Since September 2024
Additional Scheme Detailsas of 31st October 2024
ISIN INF336L01EE0 | Expense Ratio 1.60% | Exit Load No Charges | Fund Size ₹258 Cr | Age 11 years 11 months | 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% | ₹4662.92 Cr | 23.5% |
| Tata India Tax Savings Fund Regular Growth Very High Risk | 1.8% | 0.0% | ₹4662.92 Cr | 22.1% |
| Axis Long Term Equity Fund Regular Growth Very High Risk | 1.5% | 0.0% | ₹36373.17 Cr | 20.7% |
| Parag Parikh Tax Saver Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹4385.16 Cr | 22.9% |
| Parag Parikh Tax Saver Fund Regular Growth Very High Risk | 1.7% | 0.0% | ₹4385.16 Cr | 21.5% |
| Shriram Long Term Equity Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹53.51 Cr | 21.3% |
| Shriram Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹53.51 Cr | 19.4% |
| ITI Long Term Equity Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹398.64 Cr | 28.4% |
| ITI Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹398.64 Cr | 26.1% |
| Sundaram Diversified Equity Regular Growth Very High Risk | 2.2% | 0.0% | ₹1558.02 Cr | 14.3% |
About the AMC
HSBC Mutual Fund
Total AUM
₹1,26,476 Cr
Address
16, V N Road, Mumbai, 400 001
Other Funds by HSBC Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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- Gautam Bhupal
- Sonal Gupta
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