1M
6M
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All
| NAV: 14 Jan 2025 | ₹137.55 |
| Min. SIP amount | ₹500 |
| Rating | 3 |
| Fund size | ₹4,485.23Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Equity ELSS
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 22.5% | 15.1% | 18.3% | 15.7% |
| Category average | 11.2% | 12.5% | 17.6% | NA |
| Rank with in category | 2 | 11 | 19 | NA |
Understand terms
Peer Comparison
| Equity, ELSS funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Motilal Oswal ELSS Tax Saver Fund Direct Growth | 5 | 30.0% | 22.7% | 4,194.64 |
SBI Long Term Equity Fund Direct Plan Growth | 5 | 21.0% | 21.6% | 28,732.52 |
Parag Parikh ELSS Tax Saver Fund Direct Growth | 5 | 16.2% | 16.5% | 4,362.18 |
Quant ELSS Tax Saver Fund Direct Growth | 5 | 4.2% | 14.5% | 11,560.66 |
Bandhan ELSS Tax Saver Fund Direct Plan Growth | 4 | 8.2% | 12.5% | 7,353.93 |
Holdings (83)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
HDFC Bank Ltd. | Financial | Equity | 4.78% |
ICICI Bank Ltd. | Financial | Equity | 3.43% |
Infosys Ltd. | Technology | Equity | 3.38% |
Reliance Industries Ltd. | Energy | Equity | 2.68% |
Larsen & Toubro Ltd. | Construction | Equity | 2.52% |
Persistent Systems Ltd. | Technology | Equity | 2.40% |
Trent Ltd. | Services | Equity | 2.13% |
Zomato Ltd. | Services | Equity | 2.03% |
Transformers And Rectifiers India Ltd. | Capital Goods | Equity | 1.83% |
State Bank of India | Financial | Equity | 1.81% |
Shriram Finance Ltd | Financial | Equity | 1.73% |
Kaynes Technology India Ltd. | Capital Goods | Equity | 1.72% |
Bharti Airtel Ltd. | Communication | Equity | 1.72% |
CG Power and Industrial Solutions Ltd. | Capital Goods | Equity | 1.61% |
Max Healthcare Institute Ltd. | Healthcare | Equity | 1.61% |
KPIT Technologies Ltd. | Technology | Equity | 1.59% |
Amber Enterprises India Ltd. | Consumer Discretionary | Equity | 1.53% |
Power Finance Corporation Ltd. | Financial | Equity | 1.51% |
The Indian Hotels Company Ltd. | Services | Equity | 1.43% |
Avalon Technologies Ltd. | Capital Goods | Equity | 1.41% |
Jindal Steel & Power Ltd. | Metals & Mining | Equity | 1.40% |
Sun Pharmaceutical Industries Ltd. | Healthcare | Equity | 1.39% |
Lemon Tree Hotels Ltd. | Services | Equity | 1.35% |
Pearl Global Industries Ltd. | Textiles | Equity | 1.33% |
BSE Ltd. | Services | Equity | 1.31% |
Safari Industries (India) Ltd. | Consumer Discretionary | Equity | 1.28% |
Jindal Saw Ltd. | Metals & Mining | Equity | 1.28% |
Blue Star Ltd. | Consumer Discretionary | Equity | 1.26% |
Triveni Turbine Ltd. | Construction | Equity | 1.25% |
Nippon Life India Asset Management Ltd. | Financial | Equity | 1.24% |
Bharat Electronics Ltd. | Capital Goods | Equity | 1.23% |
Axis Bank Ltd. | Financial | Equity | 1.22% |
Balrampur Chini Mills Ltd. | Consumer Staples | Equity | 1.21% |
NTPC Ltd. | Energy | Equity | 1.18% |
JSW Energy Ltd. | Capital Goods | Equity | 1.15% |
Mahindra & Mahindra Ltd. | Automobile | Equity | 1.12% |
Karur Vysya Bank Ltd. | Financial | Equity | 1.09% |
Bikaji Foods International Ltd. | Consumer Staples | Equity | 1.08% |
Tech Mahindra Ltd. | Technology | Equity | 1.06% |
Ultratech Cement Ltd. | Construction | Equity | 1.04% |
Lupin Ltd. | Healthcare | Equity | 1.02% |
Cholamandalam Investment and Finance Company Ltd. | Financial | Equity | 1.02% |
GE Vernova T&D India Ltd. | Capital Goods | Equity | 1.01% |
TVS Motor Company Ltd. | Automobile | Equity | 1.00% |
Vinati Organics Ltd. | Chemicals | Equity | 0.98% |
Oil And Natural Gas Corporation Ltd. | Energy | Equity | 0.97% |
Swiggy Ltd. | Services | Equity | 0.95% |
Godrej Properties Ltd. | Construction | Equity | 0.94% |
Hindustan Aeronautics Ltd. | Capital Goods | Equity | 0.93% |
Gujarat State Petronet Ltd. | Energy | Equity | 0.93% |
Bharat Heavy Electricals Ltd. | Capital Goods | Equity | 0.92% |
Varroc Engineering Ltd. | Automobile | Equity | 0.92% |
Bajaj Auto Ltd. | Automobile | Equity | 0.91% |
Engineers India Ltd. | Construction | Equity | 0.90% |
PNB Housing Finance Ltd. | Financial | Equity | 0.89% |
Schaeffler India Ltd. | Capital Goods | Equity | 0.84% |
Dabur India Ltd. | Consumer Staples | Equity | 0.84% |
Zensar Technologies Ltd. | Technology | Equity | 0.82% |
Indian Bank | Financial | Equity | 0.80% |
Syngene International Ltd. | Healthcare | Equity | 0.79% |
Mankind Pharma Ltd. | Healthcare | Equity | 0.77% |
Siemens Ltd. | Capital Goods | Equity | 0.76% |
Kei Industries Ltd. | Capital Goods | Equity | 0.74% |
ABB India Ltd. | Capital Goods | Equity | 0.74% |
Sobha Ltd. | Construction | Equity | 0.72% |
Exide Industries Ltd. | Capital Goods | Equity | 0.72% |
Sterling and Wilson Renewable Energy Ltd. | Capital Goods | Equity | 0.71% |
The Karnataka Bank Ltd. | Financial | Equity | 0.69% |
IIFL Finance Ltd. | Financial | Equity | 0.65% |
Polycab India Ltd. | Capital Goods | Equity | 0.62% |
Thangamayil Jewellery Ltd. | Consumer Discretionary | Equity | 0.62% |
Suzlon Energy Ltd. | Capital Goods | Equity | 0.61% |
Jindal Stainless Ltd. | Metals & Mining | Equity | 0.59% |
Century Plyboards (India) Ltd. | Consumer Staples | Equity | 0.58% |
UNO Minda Ltd. | Automobile | Equity | 0.58% |
Craftsman Automation Ltd. | Automobile | Equity | 0.55% |
Epigral Ltd. | Chemicals | Equity | 0.53% |
Cello World Ltd. | Consumer Discretionary | Equity | 0.45% |
DOMS Industries Ltd. | Consumer Staples | Equity | 0.41% |
Concord Biotech Ltd. | Healthcare | Equity | 0.35% |
JIO Financial Services Ltd. | Financial | Equity | 0.31% |
Vishal Mega Mart Ltd. | Services | Equity | 0.25% |
Pitti Engineering Ltd. | Capital Goods | Equity | 0.08% |
See All
Pros and cons
Category: Equity ELSS
Pros
Exit load is zero
Lower expense ratio: 1.1%
Consistently higher annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y
1Y category rank: 2
Higher alpha: 3.88
The fund has generated returns higher than benchmark - NIFTY 500 Total Return Index - in the last 3Y
Cons
Lock-in period: 3Y
Expense ratio, exit load and tax
Expense ratio: 1.10%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹500 |
| Min. for 2nd investment onwards | ₹500 |
| Min. for SIP | ₹500 |
Fund management
Gautam BhupalNov 2022 - PresentView details
Gautam Bhupal
Nov 2022 - Present
View details
Education
Mr. Bhupal holds a PGDBM and is a CA, CS and B.Com (Hons)
Experience
Prior to joining HSBC Mutual Fund he was working with IDFC Asset Management Company Ltd., Motilal Oswal Securities Ltd., Infosys Ltd., Vickers Ballas Securities Ltd., SBC Warburg, UTI Securities Ltd.
Also manages these schemes
Abhishek GuptaMar 2024 - PresentView details
Abhishek Gupta
Mar 2024 - Present
View details
Education
Mr. Gupta is a B. Com., PGDM (Finance) CFA (Investments)
Experience
Prior to joining HSBC Mutual Fund, he has worked with Edelweiss Asset Management Limited, Goldman Sachs, Baer Capital and Deutsche Asset Management.
Also manages these schemes
Sonal GuptaJul 2021 - PresentView details
Sonal Gupta
Jul 2021 - Present
View details
Education
Ms. Gupta has done PGDM (IIM Bangalore), CFA and Bachelors in Mechanical Engineering
Experience
Prior to joining HSBC Mutual Fund, she has worked with L&T Investment Management Limited and UBS Securities India Private Limited, Fidelity Investments and PWC
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
9-11th Floor,NESCO - IT Park Bldg. 3,Western Express Highway, Goregaon East, Mumbai 400063
Phone
NA
Launch Date
27 May 2002
E-mail
NA
HSBC Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]Website
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