HSBC Tax Saver Equity Fund Regular Growth
EquityELSS (Tax Savings)Very High Risk
Regular
NAV (05-Sep-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹220 Cr
Expense Ratio
2.47%
ISIN
INF336L01BA4
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
05 Jan 2007
About this fund
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹91.80, Assets Under Management (AUM) of 220.35 Crores, and an expense ratio of 2.47%.
- HSBC Tax Saver Equity Fund Regular Growth has given a CAGR return of 13.37% since inception.
- The fund's asset allocation comprises around 98.68% in equities, 0.00% in debts, and 1.32% in cash & cash equivalents.
- You can start investing in HSBC Tax Saver Equity Fund Regular 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
+42.95%
+39.82% (Cat Avg.)
3 Years
+18.49%
+18.95% (Cat Avg.)
5 Years
+21.82%
+23.15% (Cat Avg.)
10 Years
+13.88%
+15.31% (Cat Avg.)
Since Inception
+13.37%
— (Cat Avg.)
Portfolio Summaryas of 31st July 2024
| Equity | ₹217.44 Cr | 98.68% |
| Others | ₹2.91 Cr | 1.32% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Infosys Ltd | Equity | ₹15.34 Cr | 6.13% |
| ICICI Bank Ltd | Equity | ₹15.16 Cr | 6.06% |
| Reliance Industries Ltd | Equity | ₹11.31 Cr | 4.52% |
| HDFC Bank Ltd | Equity | ₹11.21 Cr | 4.48% |
| Dixon Technologies (India) Ltd | Equity | ₹10.9 Cr | 4.36% |
| Larsen & Toubro Ltd | Equity | ₹10.35 Cr | 4.14% |
| KEI Industries Ltd | Equity | ₹9.44 Cr | 3.77% |
| Axis Bank Ltd | Equity | ₹8.63 Cr | 3.45% |
| Multi Commodity Exchange of India Ltd | Equity | ₹7.94 Cr | 3.17% |
| State Bank of India | Equity | ₹7.49 Cr | 2.99% |
| Phoenix Mills Ltd | Equity | ₹7.32 Cr | 2.93% |
| Prudent Corporate Advisory Services Ltd | Equity | ₹7.18 Cr | 2.87% |
| PB Fintech Ltd | Equity | ₹6.8 Cr | 2.72% |
| Amber Enterprises India Ltd Ordinary Shares | Equity | ₹6.5 Cr | 2.60% |
| Bharti Airtel Ltd | Equity | ₹6.29 Cr | 2.52% |
| TVS Motor Co Ltd | Equity | ₹5.83 Cr | 2.33% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹5.83 Cr | 2.33% |
| J.B. Chemicals & Pharmaceuticals Ltd | Equity | ₹5.39 Cr | 2.15% |
| Titan Co Ltd | Equity | ₹5.29 Cr | 2.12% |
| DLF Ltd | Equity | ₹5.12 Cr | 2.05% |
| Lupin Ltd | Equity | ₹4.61 Cr | 1.84% |
| Rategain Travel Technologies Ltd | Equity | ₹4.56 Cr | 1.82% |
| 360 One Wam Ltd Ordinary Shares | Equity | ₹4.53 Cr | 1.81% |
| Rainbow Childrens Medicare Ltd | Equity | ₹4.5 Cr | 1.80% |
| Kalyan Jewellers India Ltd | Equity | ₹4.06 Cr | 1.62% |
| Kirloskar Pneumatic Co Ltd | Equity | ₹3.75 Cr | 1.50% |
| PVR INOX Ltd | Equity | ₹3.38 Cr | 1.35% |
| REC Ltd | Equity | ₹3.22 Cr | 1.29% |
| KEC International Ltd | Equity | ₹2.99 Cr | 1.19% |
| Godrej Consumer Products Ltd | Equity | ₹2.88 Cr | 1.15% |
| Motherson Sumi Wiring India Ltd | Equity | ₹2.82 Cr | 1.13% |
| Kajaria Ceramics Ltd | Equity | ₹2.67 Cr | 1.07% |
| APL Apollo Tubes Ltd | Equity | ₹2.66 Cr | 1.06% |
| SRF Ltd | Equity | ₹2.64 Cr | 1.06% |
| PNC Infratech Ltd | Equity | ₹2.61 Cr | 1.04% |
| Poly Medicure Ltd | Equity | ₹2.58 Cr | 1.03% |
| Avenue Supermarts Ltd | Equity | ₹2.57 Cr | 1.03% |
| Gokaldas Exports Ltd | Equity | ₹2.49 Cr | 1.00% |
| Radico Khaitan Ltd | Equity | ₹2.26 Cr | 0.90% |
| Container Corporation of India Ltd | Equity | ₹2.23 Cr | 0.89% |
| Treps | Cash - Repurchase Agreement | ₹2.22 Cr | 0.89% |
| BSE Ltd | Equity | ₹2.05 Cr | 0.82% |
| CCL Products (India) Ltd | Equity | ₹2.03 Cr | 0.81% |
| Sterling and Wilson Renewable Energy Ltd | Equity | ₹1.95 Cr | 0.78% |
| Bajaj Auto Ltd | Equity | ₹1.93 Cr | 0.77% |
| Mangalore Chemicals & Fertilizers Ltd | Equity | ₹1.68 Cr | 0.67% |
| Bharat Electronics Ltd | Equity | ₹1.58 Cr | 0.63% |
| KPIT Technologies Ltd | Equity | ₹1.29 Cr | 0.52% |
| Net Current Assets (Including Cash & Bank Balances) | Cash | ₹1.08 Cr | 0.43% |
| Gujarat Fluorochemicals Ltd Ordinary Shares | Equity | ₹1.03 Cr | 0.41% |
Allocation By Market Cap (Equity)
Large Cap Stocks
49.04%
Mid Cap Stocks
21.25%
Small Cap Stocks
28.39%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹74.2 Cr | 29.66% |
| Industrials | ₹35.6 Cr | 14.23% |
| Technology | ₹34.03 Cr | 13.60% |
| Consumer Cyclical | ₹28.93 Cr | 11.57% |
| Healthcare | ₹22.91 Cr | 9.16% |
| Real Estate | ₹12.44 Cr | 4.97% |
| Energy | ₹11.31 Cr | 4.52% |
| Consumer Defensive | ₹9.73 Cr | 3.89% |
| Communication Services | ₹9.67 Cr | 3.87% |
| Basic Materials | ₹8.02 Cr | 3.21% |
Risk & Performance Ratios
Standard Deviation
This fund
13.55%
Cat. avg.
12.72%
Lower the better
Sharpe Ratio
This fund
0.94
Cat. avg.
1.02
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.94
Higher the better
Fund Managers
Gautam Bhupal
Since July 2019
Sonal Gupta
Since September 2024
Additional Scheme Detailsas of 31st July 2024
ISIN | INF336L01BA4 | Expense Ratio | 2.47% | Exit Load | No Charges | Fund Size | ₹220 Cr | Age | 05 Jan 2007 | 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:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
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% | ₹4722.04 Cr | 37.4% |
| Tata India Tax Savings Fund Regular Growth Very High Risk | 1.8% | 0.0% | ₹4722.04 Cr | 35.8% |
| Axis Long Term Equity Fund Regular Growth Very High Risk | 1.5% | 0.0% | ₹38278.40 Cr | 35.7% |
| Parag Parikh Tax Saver Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹4016.58 Cr | 36.0% |
| Parag Parikh Tax Saver Fund Regular Growth Very High Risk | 1.7% | 0.0% | ₹4016.58 Cr | 34.5% |
| Shriram Long Term Equity Fund Direct Growth Very High Risk | 0.8% | 0.0% | ₹56.80 Cr | 39.5% |
| Shriram Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹56.80 Cr | 37.3% |
| ITI Long Term Equity Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹385.94 Cr | 55.9% |
| ITI Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹385.94 Cr | 53.1% |
| Sundaram Diversified Equity Regular Growth Very High Risk | 2.2% | 0.0% | ₹1677.93 Cr | 25.8% |
About the AMC
Total AUM
₹1,21,564 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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Who manages the HSBC Tax Saver Equity Fund Regular Growth?
- Gautam Bhupal
- Sonal Gupta
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